News for 'lakshmi-niwas-mittal'

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Rediff.com14 Mar 2024

These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.

EC reveals electoral bond donors, but not who gave which party

EC reveals electoral bond donors, but not who gave which party

Rediff.com15 Mar 2024

From steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal's Airtel, Anil Agarwal's Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Services were among the prominent buyers of the now-scrapped electoral bonds for making political donations.

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Rediff.com15 Mar 2024

While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.

Mittal's first overseas venture was in...

Mittal's first overseas venture was in...

Rediff.com4 Jul 2006

Take the rediff business quiz and find out how much you know about the world's third richest man and his company.

Electoral bonds: Congress flags mismatch in donor, recipient files

Electoral bonds: Congress flags mismatch in donor, recipient files

Rediff.com15 Mar 2024

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.

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.

Mittal eyes Kazakh engineering firm

Mittal eyes Kazakh engineering firm

Rediff.com2 May 2011

KazStroyServices is present in Kazakhstan, India, Turkmenistan and West Asia.

Whatever may happen in politics, India will grow: Lakshmi Mittal

Whatever may happen in politics, India will grow: Lakshmi Mittal

Rediff.com30 Apr 2012

The second richest Indian said he felt bad about the delays his projects faced in India.

'US' India policy part of emerging economies'

'US' India policy part of emerging economies'

Rediff.com8 Oct 2008

Introduced by the tycoon Lakshmi Niwas Mittal at the World Steel Association, the top administration official argued that the international system is changing and hence 'great,large countries' would have to be accommodated in that global framework.

Inflation clouds gather over Indian economy

Inflation clouds gather over Indian economy

Rediff.com3 May 2010

Most economists say the impact on inflation could be substantial, considering that steel prices rose by over 9 per cent in the past year.

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.

Mittal loses Nigeria refinery bid

Mittal loses Nigeria refinery bid

Rediff.com18 May 2007

Lakshmi Niwas Mittal, who wants to make it big in oil after forming the world's largest steel empire, has lost a bid for taking over Nigeria's biggest oil refinery.

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.

Mittal pledges $20 bn for 2 plants in India

Mittal pledges $20 bn for 2 plants in India

Rediff.com25 Sep 2007

Arcelor Mittal will invest $20 billion to set up two steel plants in India, in Jharkhand and Orissa.

Mittal may withdraw from Highveld deal

Mittal may withdraw from Highveld deal

Rediff.com17 May 2006

After an intense battle of nerves, the world's cheapest steel-maker Tata seems to have outrun the world's biggest steel-maker Mittal in the race to acquire South Africa-based Highveld Vanadium and Steel.

Just 1 medal? Mittal wants more

Just 1 medal? Mittal wants more

Rediff.com20 Aug 2008

The two-year-old Mittal Champions Trust, set up by the world's richest Indian Lakshmi Niwas Mittal, is not satisfied with the results at the Beijing Olympics that yielded just one medal from the 56-strong Indian squad.

L N Mittal to get $935 mn dividend

L N Mittal to get $935 mn dividend

Rediff.com21 Jan 2008

Mittal, who holds 623.62 million shares of the firm, would get $233.85 million at each payout. Mittal family is the promoter of the company with a 43.04 per cent stake, valued at about $39.1 billion, while other public shareholders hold 56.96 per cent.

LN Mittal is South Africa's richest man too

LN Mittal is South Africa's richest man too

Rediff.com4 Dec 2007

Mittal has been named at the top for third consecutive year with a net worth of 27.3 billion rand ($4 billion) in the latest annual list of 100 richest in South Africa, compiled by that country's weekly The Sunday Times.

I am proud to be Indian: L N Mittal

I am proud to be Indian: L N Mittal

Rediff.com28 Apr 2006

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.

Laxmi Mittal launches IT institute

Laxmi Mittal launches IT institute

Rediff.com11 Jun 2003

NRI steel baron Lakshmi Niwas Mittal's LNM Foundation announced on Wednesday the launch of Rs 36 crore (Rs 360 million) IT institute near Jaipur in association with the Rajasthan government.

What makes Essar steel sector's comeback kid

What makes Essar steel sector's comeback kid

Rediff.com21 Jun 2022

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.

Lakshmi Mittal hangs up on Odisha

Lakshmi Mittal hangs up on Odisha

Rediff.com6 Aug 2013

But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.

A peek into the flashy lifestyles of India's richest businessmen

A peek into the flashy lifestyles of India's richest businessmen

Rediff.com20 Feb 2015

Indian billionaires do not believe in sitting on their wealth.