Communication is the secret ingredient of a healthy green flag relationship, says rediffGURU Ravi Mittal.
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.
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.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
Enquiries indicate it belongs to an industrialist with links to a prominent cricketer.
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".
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.
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.
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.
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.
Another Indian, Arjun Erigaisi could not crack the solid defences of Parham Maghsoodloo of Iran and had to settle for a draw.
'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'
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).
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.
Indian Grandmaster Arjun Erigaisi was stunned by Nikolas Theodorou of Greece in the second round of Sharjah Masters chess tournament in Sharjah.
The telecom industry, he said, is vital to the nation and the digital agenda of the government.
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.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
Erigaisi Arjun was held to a draw by Alexey Sarana of Serbia
>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.
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.
Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds.
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.
Mittal would travel in trucks with his consignments.
The merger will create a company with nearly a 10 per cent share of global production
'I have no doubt that when she was prevented from meeting Kejriwal, she felt humiliated.'
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.
These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.
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
ArcelorMittal wants to cash in on the demand for steel in India but said it is constrained by the delays in getting mining and environmental clearances for the projects.
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
In a major setback for steel giant Mittal Steel, Arcelor announced a merger with Russian company Severstal on Friday.
Top industrialists including Sunil Mittal, chairman, Bharti Airtel on Thursday called on Home Minister P Chidambaram.
The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
Aravindh Chithamabaram took his tally to 3.5 points out of a possible four.
NRI steel magnate Lakshmi Mittal and his family on Thursday dismissed as "baseless" the claim made by Adina Kohn, a property consultant for a 350,000 pounds commission for the 70 million pounds mansion purchased by them recently.
rediffGURU Ravi Mittal offers advice on how to handle problems in your relationship.
An amazing architectural masterpiece, 'ArcelorMittal Orbit' is a 115 metres (377 ft) high observation tower in the Olympic Park in Stratford, London.
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