1) Homecoming costs Lakshmi Mittal $7 billion in year of legal drama
Mittal’s global giant ArcelorMittal is nearing the end of a yearlong battle to break into India with the $5.9-billion acquisition of Essar Steel. Read more...
2) Ebix makes $336 million bid for Yatra.com, plans expansion in Indian market
Ebix, which in recent months made a slew of acquisitions in the leisure and corporate travel segment, submitted its bid to the board of Nasdaq-listed Yatra Online outlining its offer. Read more...
3) ICICI-Videocon loan case: Deepak Kochhar may be probed for benami assets
Tax sleuths are thinking of investigating some of his properties