News for 'D K Mittal'

Sushma Swaraj's daughter among new faces in Delhi BJP

Sushma Swaraj's daughter among new faces in Delhi BJP

Rediff.com1 Aug 2023

Among the eight secretaries are Bansuri Swaraj, former Delhi chief minister Madan Lal Khurana's son Harish Khurana and Imprit Singh Bakshi.

Protest over Arcelor Mittal plant in Jharkhand

Protest over Arcelor Mittal plant in Jharkhand

Rediff.com10 Jun 2009

Angry villagers of the Khuti and Gumla districts in Jharkhand are protesting against the transfer of land to steel giant Arcelor Mittal for a proposed steel project.

L N Mittal sees beyond Arcelor

L N Mittal sees beyond Arcelor

Rediff.com2 Feb 2006

ArcelorMittal buys 70% pie in Brazilian firm

ArcelorMittal buys 70% pie in Brazilian firm

Rediff.com25 Jul 2008

World's largest steel producer ArcelorMittal today said it has acquired 70 per cent stake in Brazilian steel processor Manchester Tubos e Perfilados SA.

Electoral bonds: Who is lottery king Santiago Martin?

Electoral bonds: Who is lottery king Santiago Martin?

Rediff.com15 Mar 2024

Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.

Nobody in India can buy Airtel: Sunil Mittal

Nobody in India can buy Airtel: Sunil Mittal

Rediff.com2 Oct 2013

The telecom to look at opportunities to acquire another firm in India.

Sunil Mittals's tryst with Wal-Mart boss

Sunil Mittals's tryst with Wal-Mart boss

Rediff.com6 Jun 2007

Mike Duke (left), senior vice president, Wal-Mart, and Sunil Bharti Mittal, president CII and chairman & group CEO, Bharti Enterprises, pose for a photo during the US-India Business Council luncheon in Washington, DC on Tuesday.

Mittal spent big dollars lobbying with US on China

Mittal spent big dollars lobbying with US on China

Rediff.com7 May 2009

Steel baron Lakshmi Mittal has spent millions of dollars for lobbying with US lawmakers on a variety of issues, including support for action against China's unfair trading practices and export restrictions.

Mittal Steel may invest in Jharkhand

Mittal Steel may invest in Jharkhand

Rediff.com8 Jun 2005

UK-based Mittal Steel on Wednesday said it was undertaking a technical visit to Jharkhand for studying the potential of investment in the metal and mining sector.

We want more spectrum from govt, says Sunil Mittal

We want more spectrum from govt, says Sunil Mittal

Rediff.com6 Nov 2014

Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.

Mittal sees no M&A targets in India

Mittal sees no M&A targets in India

Rediff.com10 Sep 2008

"It is very unlikely that we get an M&A opportunity in India as Indian entrepreneurs are doing very well and whatever expansion we are planning in India would be through greenfield projects," Lakshmi Mittal told journalists.

Mittal's new property is worth 70 million pounds

Mittal's new property is worth 70 million pounds

Rediff.com24 Jun 2008

NRI steel tycoon Lakshmi Mittal has bought his third major property for 70 million pounds in Kensington Palace Gardens, London's most expensive street.

Lakshmi Mittal is no more Britain's richest

Lakshmi Mittal is no more Britain's richest

Rediff.com22 Apr 2013

Mittal, now worth 10 billion pounds, saw the biggest fall in wealth terms.

Mittal Steel's first venture in China

Mittal Steel's first venture in China

Rediff.com15 Jul 2005

Global steel giant Mittal Steel Co has bought its first stake in China's steel industry, purchasing a 37 per cent share of a state-owned steel mill, a news report said on Friday.

LN Mittal to take 15% pay cut

LN Mittal to take 15% pay cut

Rediff.com25 May 2009

NRI billionaire Lakshmi Niwas Mittal, along with his son Aditya and daughter Vanisha, will see a 15 per cent decline in salaries for their roles at ArcelorMittal, as the steel maker's top brass takes a pay cut in an added effort to contain cost this fiscal.

800 Review: Watch Out For The Spin

800 Review: Watch Out For The Spin

Rediff.com6 Oct 2023

800 gets so lost in celebrating its grand subject that it forgets something pretty elementary: Cricket is a team sport!, notes Sreehari Nair.

ArcelorMittal to cut 9,000 jobs

ArcelorMittal to cut 9,000 jobs

Rediff.com27 Nov 2008

The world's largest steel producer ArcelorMittal on Thursday said it will trim its workforce by up to 9,000 by offering a voluntary separation programme.

ArcelorMittal expected to cut steel output

ArcelorMittal expected to cut steel output

Rediff.com27 Apr 2009

ArcelorMittal is likely to have to make permanent cuts of up to 10 per cent in its steelmaking capacity as the industry reels from the impact of the worst global recession in decades, industry observers have warned.

ArcelorMittal nets $1.35 billion in Q3

ArcelorMittal nets $1.35 billion in Q3

Rediff.com26 Oct 2010

In the July-September quarter last year, the company had a net profit of $910 million, ArcelorMittal said.

ArcelorMittal reports $709-mn loss

ArcelorMittal reports $709-mn loss

Rediff.com31 Oct 2012

It had posted $659 million profit during the third quarter last year.

Mittal to cut gas usage at Ukrainian plant

Mittal to cut gas usage at Ukrainian plant

Rediff.com6 Jan 2006

Global steel giant Mittal Steel owned by NRI billionaire Laxmi Mittal is to cut consumption of natural gas at its Ukrainian steel plant following steep hike in gas price by Russia.

Mittal to buy London's costliest house for son

Mittal to buy London's costliest house for son

Rediff.com23 May 2008

NRI steel tycoon Lakshmi Mittal is likely to buy the costliest mansion in London, worth 117 million pounds ($230 million), for his son Aditya.

Mittal sued over world's costliest house

Mittal sued over world's costliest house

Rediff.com20 Jul 2004

LN Mittal faces high court action over the purchase of a £70-million house in London, after a property consultant accused him of not paying her commission.

Court summons Sunil Mittal and ex-Vodafone India head

Court summons Sunil Mittal and ex-Vodafone India head

Rediff.com19 Mar 2013

The police had filed charges in December against Bharti Airtel and Vodafone's India unit.

ArcelorMittal to help farmers handle investments

ArcelorMittal to help farmers handle investments

Rediff.com18 Sep 2008

Vijay Bhatnagar, chief executive officer of ArcelorMittal India, said, "The move is aimed to ensure that these people, who have never handled large sums of money, do not get misguided by unscrupulous elements and end up losing their money. The objective is to figure out ways for these people, who have very little or no education and financial knowledge, to get the highest possible returns through the safest possible investments."

Lakshmi Mittal owes his son some biz insights

Lakshmi Mittal owes his son some biz insights

Rediff.com30 Apr 2008

It is Aditya Mittal, son of steel tycoon Lakshmi Mittal and CFO of ArcelorMittal, who persuaded his father to accept a shareholding of below 51 per cent in the company post its takeover of European giant Arcelor. Before Arcelor takeover, Mittal family held an 88 per cent stake in Mittal Steel. Aditya, who visited a steel plant first at the age of eight, joined his father in early 1997, after working for less than a year as an investment banker at CSFB.

India to see huge fall in steel output: Mittal

India to see huge fall in steel output: Mittal

Rediff.com17 Sep 2010

Lakshmi Mittal, India-born chairman and chief executive officer of the world's largest steel producer, ArcelorMittal, said despite the expanding steel making capacity in India, the country is set to face a massive shortfall in supply in the coming decades.

Why's Mukesh Ambani Betting Big On Media

Why's Mukesh Ambani Betting Big On Media

Rediff.com28 Mar 2024

Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.

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

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

Rediff.com7 May 2015

ArcelorMittal on Thursday reported a net loss of $728 million for the first quarter ended March 31

ArcelorMittal approaches Bengal govt for land

ArcelorMittal approaches Bengal govt for land

Rediff.com3 Nov 2008

Billionaire L N Mittal, who runs the steel behemoth, is keen to set up a central office in Rajarhat near the city, for which the company has sought land from the state government, Bhattacharjee said in Kolkata, inaugurating the 36th World Congress on Housing Science.

Lakshmi Mittal buys world's costliest house

Lakshmi Mittal buys world's costliest house

Rediff.com12 Apr 2004

Non-Resident Indian steel magnate Lakshmi N Mittal, the richest Asian in the United Kingdom, has bought a central London house for a record price of £70 million, a leading daily reported on Sunday.

Mittal intensifies efforts to buy kin's plant

Mittal intensifies efforts to buy kin's plant

Rediff.com18 Apr 2008

Steel tycoon Lakshmi Niwas Mittal has intensified efforts to acquire his younger brother Pramod Mittal's ailing Kremikovtzi steel plant in Bulgaria, even as workers of the plant continued to protest over delayed wages. "Around 1,000 workers at Kremikovtzi continued their protests on Thursday over delayed salaries and food allowance payments," the Steel Business Briefing reported quoting a spokesman for the trade union Militzi.

Manisha Malhotra, CEO, Mittal Champions Trust, on India's Olympic chances

Manisha Malhotra, CEO, Mittal Champions Trust, on India's Olympic chances

Rediff.com15 May 2012

Manisha Malhotra, CEO, Mittal Champions Trust, is determined that the Indian athletes her organisation sponsors bring gold for India. She shares her plans with Rediff.com's A Ganesh Nadar.

Mittal to bid for Ukrainian plant

Mittal to bid for Ukrainian plant

Rediff.com26 May 2004

We continue to believe in India: Mittal

We continue to believe in India: Mittal

Rediff.com5 Nov 2008

NRI steel tycoon L N Mittal on Wednesday said valuation of steel companies in India had come down significantly but there were no sellers.