Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding......
Like Enron and Posco, Foxconn's Terry Gou may just discover that when it comes to doing big business in India, it's better to stay under the radar, notes Kanika Datta. Devendra Fadnavis and......
Lakshmi Niwas Mittal has fought many battles. When Mittal Steel, the world’s largest steel maker, launched a hostile bid for Arcelor, the second largest, its boss, Guy Dolle, had said, the......
Deputy Chairman Planning Commission Montek Singh Ahluwalia today played down the security issues associated with the supply of equipment from Chinese telecom companies and invited Chinese......
After struggling to acquire land for a steel plant in Orissa since 2005, Korean steel giant Pohang Iron and Steel Company (Posco) has found a way of gaining a foothold in India. It has agreed in......