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Bankruptcy code clips ArcelorMittal's India expansion plans

In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. But the new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these......

ArcelorMittal keen to spread wings in India

ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......

An ace deal maker who won the Posco, Arcelor Mittal deals

In corporate India where family disputes have become far too common, the Miglanis work as a team. Image: Ankit Miglani, A steel tycoon in the making.     Uttam Galva Steels promoter......

ArcelorMittal's Q1 net loss widens to $728 mn on currency headwinds

World's largest steel company ArcelorMittal on Thursday reported a net loss of $728 million for the first quarter ended March 31 on account of currency headwinds as well as declining iron ore......

ArcelorMittal cuts R&D expenses by 4% amid a global slowdown

World's largest steel company ArcelorMittal on Tuesday said it has cut expenditure on research and development by 4 per cent at $259 million for 2014 amid a global offset in the sector. The......

Lakshmi Mittal tops 2009 UK football rich list

ArcelorMittal chief Lakshmi Mittal is the richest man in British football. According to the 2009 FourFourTwo.com Rich List, the London-based Indian steel magnate, who brought 20 per cent stake in......
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JFE-JSW, ArcelorMittal, Vedanta to bid for Bhushan Steel next week

Bhushan Steel was taken to NCLT after it failed to repay banks Rs 570 bn, the largest non-performing asset in Indian banking Dev Chatterjee &... ...

http://www.business-standard.com/article/companies/jfe-jsw-arcelormittal-vedanta-to-bid-for-bhushan-steel-next-week-118011701249_1.html
Mamata Banerjee

Industrialists and business leaders like Reliance Industries Chairman Mukesh Ambani, CEO of ArcelorMittal L N Mittal, Sajjan Jindal of JSW group... ...

http://www.moneycontrol.com/news/business/west-bengal-is-new-investment-destination-now-mamata-banerjee_10364681.html
ArcelorMittal seeks legal shield in Ilva deal

A red-hot steel plate passes through a press at the ArcelorMittal steel plant in Ghent, Belgium Steelmaker ArcelorMittal has told commissioners... ...

http://www.business-standard.com/article/international/arcelormittal-seeks-legal-shield-in-ilva-deal-117122500027_1.html
ArcelorMittal tells Ilva it wants to change buying contract

By Massimiliano Di Giorgio and Gavin Jones ROME (Reuters) - Steelmaker ArcelorMittal has told commissioners running Italy's Ilva plant that it... ...

http://www.sify.com/finance/exclusive-arcelormittal-tells-ilva-it-wants-to-change-buying-contract-news-others-rmxuG4dijegdc.html
ArcelorMittal to sell Piombino steel mill to Arvedi to help clear Ilva deal

MILAN (Reuters) - ArcelorMittal has reached a preliminary agreement to sell its steel mill in Piombino, Italy to Italian steelmaker Arvedi to help... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/DCdbw0iICcs/arcelormittal-to-sell-piombino-steel-mill-to-arvedi-to-help-clear-ilva-deal-idINKBN1EG1WT

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