Lakshmi N Mittal would become president of the new steel giant Arcelor-Mittal, while Arcelor's current Chairman Joseph Kinsch would continue to be in the position till his retirement.
It also asked why the data shared pertained to a period from April 2019 even though the scheme for anonymous political funding was introduced in 2017.
'You can either sulk and blame your destiny or you can choose to handle the situation with positivity.'
The government must also look at rationalising the levies on the sector and close long standing legal disputes that are a big drag on performance of operators, he said.
You may get intimate for the first time out of impulse and develop second thoughts later. That's why it is important to have a clear idea of how to communicate to your date that you are not ready for sex, says rediffGURU Ravi Mittal, CEO, Quack Quack.
The world is learning about a side effect of the COVID vaccine called Thrombosis with Thrombocytopenia Syndrome, he said.
Communication is the secret ingredient of a healthy green flag relationship, says rediffGURU Ravi Mittal.
The International Olympic Committee (IOC), on Friday, cleared Narinder Batra of indulging in any wrongdoing during his election as the IOA president, rejecting the complaint of irregularity filed by the Indian body's vice-President Sudhanshu Mittal.
Startup and venture funds on Tuesday cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a "game-changer" that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if their valuation exceeds the company's fair market value.
Enquiries indicate it belongs to an industrialist with links to a prominent cricketer.
A trip with a new date can be a medley of emotions; it is highly thrilling and, at the same time, surprisingly nerve-wracking. But with these tips in mind, you can aim to have the most memorable holiday together, notes rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating app.
The top court said since the remit of the panel has been expanded, the committee would submit its report by September 30 on various measures to rectify deficiencies in the examination system.
Amid a row over irregularities in competitive exams National Eligibility cum Entrance Test (NEET) and National Eligibility Test (NET), the education ministry on Saturday notified a seven-member panel headed by former Indian Space Research Organisation (ISRO) chief K Radhakrishnan to ensure transparent, smooth and fair conduct of examinations through the National Testing Agency (NTA).
'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'
Another Indian, Arjun Erigaisi could not crack the solid defences of Parham Maghsoodloo of Iran and had to settle for a draw.
There have been many films made on rape and sexual violence. Most of them hope that depiction of violence will help to titillate the audience. Mittal Vs Mittal also sets out with this objective but the audience is more likely to get repulsed than titillated.
At least 28 people died in rain-related incidents Sunday as heavy downpours lashed north and northwest India, causing landslides, traffic chaos and house collapses, as well as a dam breach which inundated several villages in Haryana.
Indian Grandmaster Arjun Erigaisi was stunned by Nikolas Theodorou of Greece in the second round of Sharjah Masters chess tournament in Sharjah.
Erigaisi Arjun was held to a draw by Alexey Sarana of Serbia
What might seem like harmless flirting to you could be interpreted differently by him, especially when you have a history with that person, says rediffGURU Ravi Mittal.
India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.
The company has made payment in compliance with Telecom Department's instructions for self assessment, Mittal said, adding that the Supreme Court had not mentioned specific amounts.
>Whether it is a close friend, family member or an unavoidable situation in general, the involvement of a third person in a relationship will inevitably lead to conflict, observes rediffGURU Ravi Mittal.
India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
'I have no doubt that when she was prevented from meeting Kejriwal, she felt humiliated.'
Ankur Mittal added to the Indian shooting contingent's medal rush by winning a bronze in the men's double trap event of the 21st Commonwealth Games, in Brisbane, on Wednesday.
Mittal's salary in 2019-20 was Rs 26.97 crore, unchanged from the previous fiscal year. However the value of perquisites was Rs 99.8 lakh, down from Rs 1.87 crore a year back. His retirement benefits were unchanged at Rs 2.15 crore.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.
The Committee of Creditors have issued ArcelorMittal and its partner Japan's Nippon Steel & Sumitomo Metal Corp a Letter of Intent declaring them as the "successful applicant".
Setting aside the NCLAT order, a 3-judge bench headed by Justice R F Nariman, said the two set of creditors will be treated differently during the insolvency proceedings and taking over of a debt-ridden firm by another company.
Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea
French government is up in arms against Lakshmi Mittal after 629 workers lost their jobs on closure of two furnaces of ArcelorMittal. Things have got so bad that President Holland has threatened to temporary nationalise ArcelorMittal. In France, people consider him as a big-bad mega-rich Indian who came to lay off workers and drive French steel industry to ruin.
Aravindh Chithamabaram took his tally to 3.5 points out of a possible four.
The telecom industry, he said, is vital to the nation and the digital agenda of the government.
At a time when the Indian startup space is going through a funding winter, marked by investors tightening their purse strings, angel investments in fledgling firms have maintained their momentum. While overall deal volumes among startups have fallen, investment activity among the country's most-active angel investors have been relatively steady. We Founder Circle (WFC), a Mumbai-based network of angel investors, emerged as the most-active angel investment platform for the second consecutive year in 2023 with 82 investments.
Serum Institute of India chief Adar Poonawalla will pay 138 million (about Rs 1,444 crore) for a Mayfair mansion in London in one of the city's most expensive home sales of the year
The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.
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