ArcelorMittal signs strategic pact with Algeria's Sider

Last Updated: Sunday, September 29, 2013, 19:14

World's largest steel producer ArcelorMittal and Algeria's state-owned company Sider have finalised a strategic agreement for an investment plan of USD 763 million for a steel complex at Annaba, among other things.

Employee exodus will not impact India projects: ArcelorMittal

Last Updated: Monday, August 12, 2013, 19:22

ArcelorMittal Monday said exodus of its employees, including CEO for Greenfield Projects Sanak Mishra, will not impact projects in Jharkhand and Karnataka.

ArcelorMittal says its $18-bn Jharkhand, Karnataka plans on

Last Updated: Sunday, July 28, 2013, 14:25

Amid speculation about fate of its existing USD 18 billion India projects, global steel giant ArcelorMittal has said it continues to pursue Jharkhand and Karnataka projects with progress on land acquisition and raw material security front.

ArcelorMittal scraps Rs 50,000 cr steel project in Odisha

Last Updated: Wednesday, July 17, 2013, 19:54

The development comes just a day after South Korean steel major Posco pulled out of its Rs 30,000-crore steel mill in Karnataka.

Mittal puts palatial London home up for sale

Last Updated: Sunday, May 26, 2013, 18:36

The credit crunch seems to be taking its toll on one of the world's richest Indians Lakshmi N Mittal, who has put up one of his mansions in central London up for sale.

Lakshmi Mittal puts palatial London home up for sale

Last Updated: Sunday, May 26, 2013, 17:32

The credit crunch seems to be taking its toll on one of the world`s richest Indians Lakshmi N Mittal, who has put up one of his mansions in central London up for sale.

Mittal tumbles to 4th position in Sunday Times Rich List 2013

Last Updated: Sunday, April 21, 2013, 12:50

Indian-origin steel tycoon Lakshmi Mittal, who spent eight years at the top of the Sunday Times Rich List, has dropped down to fourth position this year while leading NRI industrialist Lord Swraj Paul has emerged as the wealthiest Peer in the House of Lords.

India is not my top priority for investment: Mittal

Last Updated: Saturday, March 23, 2013, 22:12

Unhappy over delay in getting clearances for his projects, the world's largest steelmaker L N Mittal today said India was not his top priority for investment.

UK's Indian-origin billionaires 'double' in past year: Report

Last Updated: Friday, March 22, 2013, 15:53

The number of Asian billionaires, mostly of Indian-origin, in the UK has more than doubled in the past year despite the economic downturn, a new report has revealed.

ArcelorMittal announces $3 billion savings target by 2015

Last Updated: Friday, March 15, 2013, 22:59

World's largest steel maker ArcelorMittal Friday announced a plan to save USD 3 billion by 2015 through optimising its assets and other cost cutting measures.

Mittal prepares for court clash in UK with India-born tycoon

Last Updated: Sunday, March 3, 2013, 20:16

The stage is set for a clash of India-born tycoons in Britain as steel magnate Lakshmi N Mittal appears in the high court here this week over an oil deal with a rice baron.