Pending regulatory clearances may delay ArcelorMittal's acquisition of additional stakes in Uttam Galva through an open offer, although the steel behemoth aims to complete the deal by mid-December.......
The government has approved NRI billionaire Lakshmi Mittal-led ArcelorMittal's over Rs 500 crore (Rs 5 billion) foreign direct investment for acquisition of 35 per cent stake in steel products......
India-origin billionaire Lakshmi Mittal-led ArcelorMittal on Monday made an offer to buy an additional 29.4 per cent stake in domestic steel firm Uttam Galva Steel at Rs 120 a share. In a public......
Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. Photograph: Vivek Prakash/Reuters They also ended up......
ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......