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ArcelorMittal Q1 net income falls over 73% to USD 1,096 mn

Global steel giant ArcelorMittal on Thursday posted a 74.43 per cent fall in its net income at USD …

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Arcelor Mittal Nippon Steel signs ₹19,000 crore deal to buy Essar's port and power assets

Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) fo…

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NCLAT approves resolution plan for Odisha Slurry Pipeline Infra

Earlier, the Ld Adjudicating Authority, Cuttack on March 2, 2020, approved the resolution plan…

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ArcelorMittal chairman calls on Pradhan

ArcelorMittal made its foray into the Indian market by acquiring Essar Steel in December 2019 thro…

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Coronavirus impact: ArcelorMittal plans to cut production in Europe

"Given the extent of the outbreak, the health and safety implications, and particularly the impact …

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ArcelorMittal keen to expand presence in India: Pradhan

New Delhi, Dec 14 () Global steel major ArcelorMittal is keen to expand its presence in India, Stee…

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ArcelorMittal to sell 50% stake in shipping biz to DryLog

New Delhi, Dec 23 () Global steel giant ArcelorMittal will sell a 50 per cent stake in its shipping…

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NCLAT dismisses ArcelorMittal plea over EPC Construction

New Delhi, Dec 16 () The NCLAT on Monday dismissed global steel major ArcelorMittal's petition, cha…

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Billionaire Lakshmi Mittal commits ₹100 cr to PM CARES Fund

London/New Delhi, Mar 31 () NRI billionaire Lakshmi N Mittal on Tuesday announced a contribution of…

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ArcelorMittal Nippon Steel completes acquisition of Bhander power plant in Hazira

"ArcelorMittal Nippon Steel India (AM/NS India) today announced that it has completed the acquisiti…

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Anand Mahindra, Mukesh Ambani and LN Mittal each had a different pitch to charm Donald Trump

"We are investors in the US in the energy sector and have invested $7 billion toward…

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ArcelorMittal reports USD 1.1 bn net loss in Mar qtr

"The improved operating performance in the first quarter has been considerably overshadowed by the…

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ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

New Delhi, Nov 19 () Following the Supreme Court verdict on Essar Steel resolution plan, global ste…

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Look forward to close Essar Steel acquisition soon: ArcelorMittal

New Delhi, Nov 15 () Global steel giant ArcelorMittal on Friday said it is looking forward to close…

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ArcelorMittal reports USD 1.1 bn net loss in Jan-Mar qtr

"The improved operating performance in the first quarter has been considerably overshadowed by the…

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​Resolution professionals can make as much as ₹1.5 lakh a month and are in demand

Economic slowdown leads to job losses, but it there is a job that will thrive during bad times — th…

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Nowhere in the world do bankruptcy cases have a 330-day deadline, says bankruptcy board chief MS Sahoo

The bankruptcy of Essar Steel had put India’s nascent bankruptcy laws to test and the final word on…

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Lakshmi Mittal can begin taking over Essar Steel as India's Supreme Court ends the debate on how to distribute the money

The ultimate discretion on distribution of funds was with the Committee of creditors, the SC ord…

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NCLT approves ArcelorMittal's Rs 2,360 cr bid for Odisha Slurry Pipeline

Commenting on the development, an ArcelorMittal spokesperson in a statement said: "We welcome toda…

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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