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ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition

New Delhi, Dec 13 () Global steel giant ArcelorMittal has initiated payment for acquisition of debt…

PTI   


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1 min read

Tata Steel and JSW welcome competition from ArcelorMittal after it buys Essar

Presence of more companies in the market will lead to more innovations, quality and R&D act…

PTI   


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1 min read

Here's the list of the top Indian CEOs featured in CEOWORLD global rankings

The top ranking went to Walmart CEO Douglas McMillon. He is followed by Royal Dutch Shell’s Be…

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ArcelorMittal's $6.1 billion bid for Essar Steel is on hold again

A bench headed by Justice Rohinton F. Nariman admitted the appeals by Essar Steel lenders …

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After buying out the bankrupt Electrosteel, Vedanta is spending billions on a new steel plant in the Indian state of Jharkhand

The move is part of Vedanta’s integration of its newly-acquired steel company. Electrosteel …

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India’s steel industry is set for a shakeup after ArcelorMittal finally emerges as the winning bidder for Essar Steel

The decision caps an eight-month long saga which saw the company vy for the prized assets of …

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ArcelorMittal isn’t giving up on its bid for Essar Steel without a fight

However, ArcelorMittal’s bid was subject to one condition - it said it would only pay the outs…

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ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition

A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…

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1 min read

Strife At The Top: These 11 C-Suite Execs From India Were ‘Let Go’ In 2013

There is no job security at the coveted C-Suite. The issues could be many – from poor performance t…

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4 mins read

Meet the children of India’s richest businessmen

What are the scions of India's most powerful families upto?

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Steel tycoon Lakshmi Mittal not the ‘richest’ anymore!

However, while Mittal had been featuring in the list every year, he had been slipping down the rank…

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The time is ripe for contract renewal! Infosys and TCS are ready to grab billion dollar deals

Even as IBM and HP are expected to strive to renew these contracts, India's top outsourcing firms f…

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6 mins read

These are the top 25 richest people in Britain

The Sunday Times Rich List 2024 unveils Britain's top 25 richest individuals and families, spotligh…

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Top 25 richest people in India in 2024

India has the third highest number of billionaires in the world, behind the US and China. The count…

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Essar raises $2.05 bn from sale of ports, power assets; clears $25 bn debt of Indian banks

Essar Ports & Terminals (EPTL) and Essar Power (EPL) concluded the $2.05 billion (₹16,500 c…

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Soaring natural gas prices are prompting European companies to move their manufacturing operations to the US

European makers of steel, fertilizer, and other products are shifting work to the US, the WSJ repor…

Carla Mozée   


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Ajay Banga as World Bank President adds to success stories of the Indian Americans: USISPF

Ajay Banga has been confirmed as the World Bank President, becoming the first-ever Indian-American …

PTI   


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3 mins read

Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO

SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…

PTI   


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Ronnie Screwvala's UpGrad reportedly worth over $2 billion after fund infusion by Lakshmi Mittal and Sunil Bharti Mittal

Ronnie Screwvala’s higher education company UpGrad has reportedly doubled its valuation to $2.25 bi…