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Lakshmi Mittal's salary in 2012 almost flat at $1.77 mn

Last Updated: Sunday, February 24, 2013, 12:56

Mittal took a 6.41 percent cut in short-term performance related bonus in 2012 at USD 1.94 million in the backdrop of recession in Europe hurting ArcelorMittal's performance last year, the company's annual report showed.

ArcelorMittal says Odisha may decide on renewal of pact by Nov

Last Updated: Monday, February 18, 2013, 18:06

World's largest steel maker ArcelorMittal has said the Odisha government is likely to take a call by November this year on renewal of pact for its USD 12 billion steel mill in the state.

ArcelorMittal to shut parts of Liege plant on poor EU demand

Last Updated: Thursday, January 24, 2013, 19:38

World's largest steel maker ArcelorMittal Thursday said it will close a coke plant and six production lines in Liege facility in Belgium as demand weakens further in Europe.

Deal struck: Mittal's French plant nationalisation averted

Last Updated: Saturday, December 1, 2012, 09:56

Also, the company will not shut down two blast furnaces at the Florange facility which will retain about 650 workers whose jobs were under threat.

Lakshmi Mittal asked to ‘sell French plant or see it nationalised’

Last Updated: Friday, November 30, 2012, 12:16

France is threatening to nationalize a steel plant in the eastern part of the country unless the Indian-born billionaire Lakshmi Mittal owner of the firm agrees to sell it to a private buyer.

London Mayor calls for greater Indian investment in UK

Last Updated: Friday, November 30, 2012, 10:36

As the French Government presses steel giant ArcelorMittal to avert the closure of two blast furnaces in north-eastern France, London Mayor Boris Johnson has called for greater Indian investment in the United Kingdom.

Keith Vaz named most influential Asian in UK

Last Updated: Thursday, November 22, 2012, 12:29

Keith Vaz, the Indian-origin Labour MP, has emerged as Britain`s most influential Asian in a list of 101 powerful people from the region.

Lakshmi Mittal buys Anglo American, Lafarge’s UK assets for £272 million

Last Updated: Saturday, November 17, 2012, 12:16

Mining firm Anglo American and cement maker Lafarge have sold one of the UK’s biggest concrete plants to Indian business tycoon Lakshmi Mittal.

ArcelorMittal takes up Jharkhand mines issue with Centre

Last Updated: Thursday, August 16, 2012, 18:30

Not able to make progress in its proposed Rs 50,000 crore steel project in Jharkhand, world's largest steelmaker ArcelorMittal has sought Centre's help in expediting grant of mining lease in the state.

UK`s most expensive council flat up for sale for 1 mn pounds

Last Updated: Sunday, August 12, 2012, 18:08

A former council flat, a stone`s throw away from Kensington Palace and residence of Lakshmi Mittal is up for sale for around 1 million pounds.

No plans to invest in India: LN Mittal

Last Updated: Sunday, July 29, 2012, 22:57

Mittal, who is Britain's richest individual, told The Sunday Times that India remained a priority for him but not for investment.

Political dynamics slowing decision-making in India: Mittal

Last Updated: Wednesday, July 25, 2012, 21:14

NRI billionaire and ArcelorMittal chief Lakshmi Mittal Wednesday once again criticised the decision- making in India, saying that changing political dynamics have made it slow.