Lakshmi Mittal

Steel exports from China making business unsustainable: ArcelorMittal

Steel consumption in China could even contract, according to ArcelorMittal, which lowered its 2024 forecast to a range of -1 per cent to +1 per cent

Vibrant Gujarat Global Summit 2024: India a vishwa mitra, says PM Modi

All major rating agencies, Modi said, are of the opinion that India will be among the top three largest economies of the world in the next few years

At Vibrant Gujarat Global Summit, firms unveil big spending plans

At the Vibrant Gujarat Summit 2024, India's corporate goliaths- Adani, Ambani, and Tata- collectively announced mega investment plans for the state

Billionaire Adar Poonawalla to pay £138 mn for Mayfair mansion in London

Indian billionaire Adar Poonawalla has agreed to pay £138 million for Aberconway House, a 1920s home near Hyde Park, in one of the city's most expensive home sales of the year

How billionaire Lakshmi Mittal's brother got a $500 mn bailout in Nigeria

Pramod Mittal, whose career in the steel industry has been less glittering than his better-known sibling has a string of abandoned factories and a trail of unpaid debts to his name

Ambani regains Asia's richest person spot, Adani tumbles to 24: Forbes

Steel magnate Lakshmi Mittal was ranked at No. 5 followed by OP Jindal Group matriarch Savitri Jindal, Sun Pharma's Dilip Shanghvi and Radhakishan Damani, whose Avenue Supermarts owns the DMart

Bharti Airtel to hike mobile services rates across all plans this year

Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. The company last month increased the price of its minimum recharge or the entry-level for the 28-day mobile phone service plan by about 57 per cent to Rs 155 in eight circles. Responding to a PTI query on the need for a tariff hike when the company's balance sheet is healthy, he said the return on capital in the telecom business is very low and a tariff hike is expected this year. "It (tariff hike) will happen across the board," Mittal said at Mobile World Congress (MWC) here on Monday. He said the company has injected a lot of capital that has made the balance sheet strong but the return on capital in the industry is very low. "That needs to change. We are talking of small increments that need to come in the Indian tariff situation. I hope it happens this year," Mittal said. Asked about the impact of price increase on people at the

Lakshmi Mittal's brother sued over 'sham' loans to quit bankruptcy

Inauthentic debt worth over £2 billion from "friendly creditors" helped him "swamp" through the required votes from lenders for the payment arrangement, Moorgate's lawyers claim

India at 75: Nooyi to Pichai - 4 Indians who made it big on global stage

They've got the world to sit up and take notice. Starting from humble beginnings, they have come to lead global companies. A look at 4 professionals whose story is as much India's as the world's

Steel magnate Mittal meets Odisha CM Naveen Patnaik, visits Paradip port

Global steel giant ArcelorMittal's Executive Chairman L N Mittal called on Odisha CM Naveen Patnaik and visited Paradip Port in connection with a proposed mega steel project in Kendrapara district

HPCL-Mittal first Indian company to buy Guyanese crude Liza: Report

The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast

Aditya Mittal appointed ArcelorMittal CEO; father to be executive chairman

Aditya Mittal is now president, chief financial officer (CFO) and chief executive officer (CEO) ArcelorMittal Europe.

Aditya Mittal set to take over from his father as CEO of ArcelorMittal

The company also said it will pay a dividend of 30 cents a share. The steelmaking giant halted payouts following a collapse in demand last year

Lakshmi Mittal's journey a year after he came home to buy Essar Steel

It has been a mixed bag for the firm he renamed AMNS India, and while the pain of the downturn and the pandemic has subsided, other issues remain

Adopt high-end tech across all processes: Billionaires' mantra for future

Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable

Indian steel market recovering after Covid-19 lockdowns, says Aditya Mittal

Aditya, son of steel baron LN Mittal, said that operations at ArcelorMittal Nippon Steel India's (formerly Essar Steel) Hazira plant in Gujarat are running at full capacity

Lakshmi Mittal gifts GBP 3.5 mn to Oxford for developing Covid-19 vaccine

Lakshmi Mittal said, "This year has been a wake-up call to the world to be better prepared for pandemics, which, as we have all experienced, can cause massive social and economic disruption."

ArcelorMittal to invest Rs 2,000 cr in Odisha, says Lakshmi Mittal

Mittal said, the company would work on the two iron ore mines- Sagasahi and Thakurani in Odisha

Fighting coronavirus: It's a mixed bag for Indian firms in Britain

Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze

We are doing better than anybody in the world, says Donald Trump

One of the things we're doing, we're going to be announcing another tax cut in not so long a period of time, largely for middle-income people, said Trump in an interaction with Indian businessmen