Why steel tycoon Lakshmi Mittal is leaving UK

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's......

Mittal-Arcelor merger worries China

Chinese steel industry has for the first time openly expressed concern over the merger of global steel giants, Mittal with Arcelor saying it posed "great challenge" for the domestic industry. It......

Mittal's Arcelor bid sparks India-EU row

Lakshmi Niwas Mittal's takeover bid for Arcelor is turning out to be a serious diplomatic row between India and the European Union.Even as Commerce and Industry Minister Kamal Nath shot off a......

Luxembourg Bill may hit Mittal's Arcelor plan

Luxembourg on Tuesday said a takeover law that it planned to enact in May was in no way aimed at creating impediments to steel tycoon L N Mittal's bid to takeover Arcelor."The government will have......