Real Madrid fans could be forgiven for wondering whether a new president is needed rather than yet another new coach after Carlo Ancelotti was sacked.
The transaction, subject to antitrust authorities approval, is expected to be completed by the end of this year, said Gonzalo Urquijo, member of the Group Management Board of ArcelorMittal.
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Barcelona wrap up 23rd La Liga crown with Lionel Messi goal.
"The Indian government is working their side. And we're committed to hopefully coming together and succeeding in this endeavour," said Gonzalo Gallegos, director of press relations in the state department.
Juventus shattered Real Madrid's dream of a record-extending 11th European crown when Alvaro Morata scored against his former club to secure a 1-1 Champions League draw with the holders on Wednesday and send Juve into the final 3-2 on aggregate.
Barcelona provisionally went top of La Liga for the first time since October after Luis Suarez, Neymar and Lionel Messi scored in a 6-0 thrashing of Alaves on Saturday although the win was overshadowed by a serious injury to Aleix Vidal.
Sam Stosur powered into the French Open quarter-finals with a 7-6(0), 6-3 win against Simona Halep in Paris on Tuesday, adapting better to damp and heavy conditions than her higher-ranked Romanian opponent.
Veteran drag-flicker Sandeep Singh scored twice as Jaypee Punjab Warriors drubbed debutants Kalinga Lancers 7-3 in a high-scoring Hockey India League match in Bhubaneshwar.
In women's singles, both Saina Nehwal and P V Sindhu climbed up the ladder despite not playing in any recent tournaments.
Real Madrid moved closer to retaining their Primera Liga title with a 2-0 win away at Racing Santander.
Images from the second day's play of the 2016 French Open at the Roland Garros
Real Madrid beat Sevilla 3-1 at the Bernabeu to move six points clear at the top of the Primera Liga.
Portuguese forward Cristiano Ronaldo needed to take time off and even miss games if he is to see out an arduous season after he limped off before the end of Real Madrid's 3-0 victory over Villarreal on Wednesday, according to manager Zinedine Zidane.
Liverpool blew a chance take a vice-like grip on the title race and Chelsea suffered their worst league defeat in 23 years.
Manchester United humbled Manchester City 4-2 in the continent's big derby of the weekend.
Second-placed Napoli comfortably overcame the absence of suspended top scorer Gonzalo Higuain to brush aside bottom-of-the-table Verona 3-0 in Serie A on Sunday. Napoli stayed points six behind leaders Juventus, who won 2-1 at AC Milan on Saturday, with six matches each to play, and remain outsiders to win their first title since 1990 despite the win. Higuain, who has led Napoli's challenge with 30 goals, will miss the next three games as he completes a four-match ban for his sending-off and furious reaction in last week's 3-1 defeat at Udinese. Fiorentina's recent dismal run continued when they lost to their smaller Tuscan neighbours Empoli for the first time since 1997, leaving them fifth in the table. Juventus have 76 points from 32 games with Napoli on 70, AS Roma on 63, Inter Milan on 58 and Fiorentina on 56. Napoli hit the post twice and had a goal disallowed before Manolo Gabbiandini headed them in front in the 33rd minute, his fifth goal in only seven starts this season, after Verona goalkeeper Pierluigi Gollini parried Jose Callejon's shot.
News of all that's transpired on and off the football field
Juventus coach Massimiliano Allegri shunned the plaudits after his side move closer to the treble by beating AS Monaco to reach the Champions League final on Tuesday.
English Premier League champions Chelsea have given their full backing to under-fire manager Jose Mourinho following the team's torrid start to the season.
Argentina reached the World Cup semi-finals for the first time in 24 years on Saturday when an early goal by Gonzalo Higuain and a strong defensive display proved enough to beat a disappointing Belgium side 1-0.
Spain goalkeeper Iker Casillas said he was keen to carry on racking up the international accolades after equalling the record for most caps by a European player but acknowledged he was closing in on retirement.
News of all that's transpired on and off the football field
Real Madrid coach Zinedine Zidane has opened the door to out-of-favour midfielder James Rodriguez leaving the club by admitting the player's lack of appearances could become a problem.
Manchester United football team manager Louis van Gaal would reportedly like to sign Real Madrid's ace striker Cristiano Ronaldo, but he does not expect the Spanish giants to sell.
Zinedine Zidane cast doubt on his long-term future at Real Madrid by saying he is unsure if he will be in charge of the club next season. The former midfielder was named as Rafael Benitez's successor in January when he signed a contract until June 2018. But when asked what role he would have in the Liga club's transfer dealings for next season, Zidane said he did not know if he would still be at the Bernabeu. "I can't know what role I'm going to have if I don't know if I'm going to be here. We'll see what happens at the end of the season," Zidane was quoted as saying by Spanish newspaper Marca. The 43-year-old was also asked if Madrid would make another attempt to sign David de Gea after their move for the Manchester United and Spain goalkeeper fell through on the last day of the transfer window last August.
India's campaign at the All England Badminton Championships came to a disappointing end with Saina Nehwal, B Sai Praneeth, Kidambi Srikanth and Sameer Verma all exiting from the tournament in Birmingham on Friday.
Cristiano Ronaldo was sent off as leaders Real Madrid beat Cordoba 2-1 in La Liga on Saturday thanks to late Gareth Bale penalty.
Jeev Milkha Singh struck back-to-back birdies in the last two holes to return an even-par 70 and sign off tied seventh in the US $1.7 million Dunlop Phoenix golf tournament in Miyazaki, Japan, on Sunday. Jeev's total of four-under 276 left him seven shots behind champion Ian Poulter of Britain, who carded a one-under 69 in the final round.
Here's your weekly digest of photographs that prove that it's a odd, crazy world out there!
Champions Barcelona moved five points clear at the top of La Liga with a 2-1 win at Getafe, while Real Madrid fell to a 2-0 defeat by Real Sociedad.
Stand-in defender Vlad Chiriches atoned for an early blunder by scoring his first Serie A goal to help Napoli come from behind and beat Chievo 3-1 in Serie A on Saturday, putting them level at the top with Juventus.
Barcelona's Lionel Messi rescued a 1-1 draw at Villarreal with a sensational late free-kick on Sunday but could not prevent the champions finishing the weekend third in La Liga, five points behind leaders Real Madrid.
Luis Enrique's new task is to rebuild a Spain team that ruled international football between 2008 and 2012 by winning successive European Championships and the 2010 World Cup but have been deeply disappointing at their last three international tournaments.
Brazil got off to a winning start in their home Olympics on Wednesday when the women's soccer team beat China 3-0 in host city Rio de Janeiro. Although the opening ceremony takes place on Friday, the soccer competitions began ahead of time with six women's matches on Wednesday and another eight men's games on Thursday.
Second-half strikes from Ruud van Nistelrooy and Gonzalo Higuain earned Real Madrid a 2-0 win at home to Recreativo Huelva.
Cristiano Ronaldo will play no part in Real Madrid's game against Deportivo La Coruna on Saturday after the prolific Portuguese forward was left out of the squad on Friday.
Bayern Munich have signed midfielder James Rodriguez from Real Madrid on a two-year loan deal with an option to buy the player, the German champions said on Tuesday.
Belgium set up an intriguing men's Olympic hockey final against Argentina after they dumped out the world's second-ranked team the Netherlands with a resounding 3-1 semi-final victory on Tuesday.
A dramatic game featured missed chances, defensive howlers, scuffles and two video reviews, one producing a highly controversial outcome in the second half.
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