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ArcelorMittal completes sale of ATIC stake for 155.4 mn euros

Last Updated: Monday, June 30, 2014, 19:52

ArcelorMittal said its 78 percent stake in the European port handling and logistics company was sold to HES Beheer.

HPCL-Mittal shuts VGO unit at Bathinda refinery after fire

Last Updated: Friday, June 20, 2014, 12:17

HPCL-Mittal Energy Ltd, part owned by steel tycoon L. N. Mittal, has shut a vacuum gas oil unit on Friday after a fire at its 180,000 barrels per day Bathinda refinery, its managing director Prabh Das said.

ArcelorMittal opens maiden steel plant in China

Last Updated: Sunday, June 15, 2014, 14:09

VAMA, in which Chinese firm Hunan Iron and Steel Co also has stake, has a capacity of producing 1.5 million tonnes high-strength automotive steels.

IMG to meet tomorrow to review BGs of 61 coal blocks

Last Updated: Tuesday, June 10, 2014, 13:05

It will be the IMG's first meeting since the new government has taken charge last month after the general elections. Piyush Goyal has been appointed Minister of State (Independent Charge) for coal, power and new & renewable energy.

Additional spectrum case: Hearing against Mittal, Ruia on Sept 15

Last Updated: Wednesday, May 28, 2014, 10:51

A special court here Wednesday fixed September 15 for hearing the additional spectrum case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Ambani, Hinduja, Adani lead India Inc at Modi swearing-in

Last Updated: Monday, May 26, 2014, 19:11

A galaxy of industry leaders, including Mukesh Ambani, Gautam Adani, Sunil Mittal and Ashok Hinduja, Monday attended the star-studded swearing-in ceremony of Prime Minister Narendra Modi at Rashtrapati Bhavan.

Hinduja brothers top UK's 'super rich' list

Last Updated: Sunday, May 11, 2014, 16:16

India-born Hinduja brothers have edged out steel tycoon Lakshmi N Mittal and Russian magnate Alisher Usmanov to emerge as Britain's richest billionaires, valued at a whopping 11.9 billion pounds.

ArcelorMittal Q1 net loss narrows to $205 million

Last Updated: Friday, May 09, 2014, 17:09

The world's largest steel producer, headed by NRI Lakshmi N Mittal, had clocked USD 345 million net loss during the January-March quarter of last year.

ArcelorMittal lowers forecast for global steel demand

Last Updated: Friday, May 09, 2014, 12:56

ArcelorMittal, the world`s largest steelmaker, trimmed its forecast for global steel use on Friday due to a more pronounced slowdown in China and a decline in Russia, though it retained optimism about its core European and U.S. markets.

Bollywood on Madhur Mittal`s radar

Last Updated: Friday, May 09, 2014, 10:00

He has worked in two high-profile Hollywood films `Slumdog Millionaire` and `Million Dollar Arm` but actor Madhur Mittal is really keen to create a space for himself in Hindi film industry.

Bharti Airtel says to spend $1 bn per year in Africa

Last Updated: Thursday, May 08, 2014, 21:34

Telecoms firm Bharti Airtel plans annual capital expenditure of USD 1 billion in Africa in the next few years and will focus on deepening investments in 17 countries there rather than entering new markets, its chairman said.

Sunil Mittal to co-chair World Economic Forum on Africa

Last Updated: Tuesday, May 06, 2014, 14:49

Bharti Enterprises founder and Chairman Sunil Bharti Mittal will co-chair this year?s edition of the World Economic Forum on Africa.