Lakshmi Vilas Bank raises deposit rates by 1%

Last Updated: Tuesday, June 16, 2015, 18:54

The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.

ArcelorMittal, SAIL to set up steel plant in India

Last Updated: Friday, May 22, 2015, 20:43

NRI billionaire Lakshmi Mittal-led ArcelorMittal on Friday partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly a decade-long wait for its earlier projects to take off.

JK Lakshmi Cement's Q4 Net slumps 89% at Rs 6.05 cr

Last Updated: Friday, May 15, 2015, 21:19

Shares of the company today rose by 0.22 percent to settle Rs 343.15 per share on the BSE.

ArcelorMittal's net loss widens to $728 million, cuts capex to $3 billion

Last Updated: Thursday, May 7, 2015, 12:43

The company, controlled by NRI billionaire Lakshmi Mittal, had reported a net loss of USD 205 million in the year-ago period, it said in a statement.

JK Lakshmi Cement partners Snapdeal to sell products online

Last Updated: Friday, May 1, 2015, 17:19

JK Lakshmi is the first company to make a foray into the online space offering a basket of products, its Whole Time Director Shailendra Chouksey said.

Lakshmi Vilas Bank Q4 net soars 90.5%

Last Updated: Wednesday, April 29, 2015, 16:17

For the full fiscal year, net profit soared by 121.7 per cent to Rs 132.28 crore from Rs 59.65 crore registered year ago, the bank said in a BSE filing.

Max Life, LVB tie up for distribution of insurance products

Last Updated: Monday, March 30, 2015, 14:26

Max Life Insurance has tied up with Lakshmi Vilas Bank for distribution of life insurance products through the bank's 400 branches across the country.

Top 101 in UK's Asian Rich List possess GBP 54.48 bn

Last Updated: Sunday, March 29, 2015, 12:26

According to the Asian Rich List, UK's 101 Wealthiest Asians in 2015 brought out by EasternEye - a publication of Asian Media and Marketing Group, the net worth of the people on the list has risen by 5.7 per cent over last year.

ArcelorMittal narrows Q4 loss to $955 mn

Last Updated: Friday, February 13, 2015, 17:59

The company, controlled by NRI billionaire Lakshmi Mittal, had reported USD 1.2 billion net loss in the October-December quarter of the last year, it said in a statement.

Ashok Leyland ties up with Lakshmi Vilas Bank for vehicle finance

Last Updated: Tuesday, February 10, 2015, 22:03

Hinduja Group flagship Ashok Leyland has tied up with Lakshmi Vilas Bank to provide finance to its commercial vehicle buyers.

ArcelorMittal sells its Kuzbass coal mines in Siberia

Last Updated: Tuesday, January 20, 2015, 18:12

World's largest steel maker ArcelorMittal has announced selling its Kuzbass coal mines in the Kemerovo region of Siberia to Russia's National Fuel Company (NTK).

Steel baron Lakshmi Mittal drops down South Africa rich list

Last Updated: Sunday, December 7, 2014, 20:17

Mittal's 52 percent holding in ArcelorMittal, worth 6.3 billion rands, now places him at 13th position from 9th last year, 3rd before that, while he topped the list for the preceding six years.