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Latest Articles in Lakshmi Mittal
Entrepreneurship And A State Of Mind
The author is Jorge Paulo Lemann Professor at HBS and the director of the Harvard’s Lakshmi Mittal & Family South Asia Institute
Read MoreHurun Global Rich List: Ambani Surpasses Adani To Become Richest Indian
Among Indian billionaires, Ambani placed first, followed by Gautam Adani, who has a net worth of USD 53 billion and Cyrus Poonawalla was third on the list, with a net wealth of USD 28 billion
Read MoreAMNS India To Invest Rs 60,000 Cr To Expand In Gujarat
The major expansion at Hazira comes nearly three years after AMNS India was established, and will involve upstream and downstream steelmaking expansion, creating more than 60,000 jobs and strengthening nearby communities with initiatives that deepen sustainability
Read MoreEdtech Unicorn upGrad Raises $210 Mn At $2.25 Bn Valuation
upGrad's founders Ronnie Screwvala, Mayank Kumar and Phalgun Kompalli also invested $12.5 million to retain 50 per cent of their ownership in the edtech
Read MoreForbes India Rich List 2021: Mukesh Ambani Retains First Spot
This makes it the 14th year in a row since 2008 that Ambani has been named the wealthiest man in the entire country.
Read MoreAditya Mittal Named As CEO Of Arcelormittal; Lakshmi Mittal Becomes Exec Chairman
The Luxembourg-based steel maker said Lakshmi Mittal, who is currently chairman and CEO, will become the company's executive chairman and Aditya Mittal will become the CEO.
Read MoreAditya Mittal to take over from his father as CEO of ArcelorMittal
Aditya Mittal to take over from his father as CEO of ArcelorMittal
Read MoreSAIL Turnaround A Challenging Experience In 36-Yr-Long Career, Says Outgoing Chairman
From a debt level of Rs 50,638 crore in September 2020, the company aims to bring it down to around Rs 45,000 crore by the end of this month, and Rs 40,000 crore by the end of the ongoing fiscal,
Read MoreArcelorMittal Beats Profit Expectations After Lockdown Low
The company, which makes around 5% of the world's steel, said core profit (EBITDA) fell 15% from a year earlier to $901 million, compared with an average expectation of $838 million in a company-compiled poll.
Read MoreNaveen Patnaik holds discussion with Lakshmi Mittal on investment in Odisha
Naveen Patnaik holds discussion with Lakshmi Mittal on investment in Odisha
Read MoreArcelorMittal Sees Drop In Steel Shipments And Profits
Chief Executive Lakshmi Mittal said on Thursday the company's core markets had showed signs of improvement at the end of 2019, but activity and market conditions had since worsened.
Read MoreArcelorMittal Aims To Complete Essar Steel Acquisition By 2019-end
The Supreme Court on Friday paved the way for ArcelorMittal takeover of Essar Steel for Rs 42,000 crore.
Read MoreArcelormittal Slips To Third-Quarter Net Loss, Sees US Steel Downturn, Worse In Europe
The Luxembourg-based company said global steel consumption, including the impact of inventory changes, would grow in 2019 by 0.5-1.0% this year, towards the lower end of its previous guidance of 0.5-1.5%.
Read MoreArcelorMittal Cuts Steel Demand View On Europe Slump
The Luxembourg-based company, which accounts for about 6% of the world's steel production, on Thursday said it now expected global apparent steel consumption, which includes inventory changes, to rise between 0.5% and 1.5% in 2019, from a previous forecast of 1%-1.5%.
Read MoreCourt Rejects Plea Against Arcelormittal's Bid For Essar Steel
ArcelorMittal has been trying to enter India's steel market, which is dominated by local companies, for over a decade but bureaucratic hassles and land acquisition woes stifled its bids.
Read More