We are almost there ...
A once-bankrupt Uttam Galva Steels helps ArcelorMittal dream big
When the Mittals first invested in the steelmaker back in 2009, it turned out to be a dud. Now, in its second avatar as part of AM/NS India’s downstream business, it holds the key to their plans.
18 July, 2024•13 min
0
18 July, 2024•13 min
0
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
SUBSCRIBE
Already have an account? Sign In
More in Business
Business
Abu Dhabi’s IHC partners with BlackRock to launch $1 billion reinsurance platform
The yet-to-be-named platform will be set up in Abu Dhabi Global Market.
You may also like
Business
SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
Business
For Tata Steel, going green in the UK may signal more pain ahead
Chairman N. Chandrasekaran may have ensured a 500 million pound grant for the Port Talbot facility’s transition, but given the risks and money involved, the exercise will test the Indian parent’s patience with the loss-making business.
Business
Sajjan Jindal looks set for an EV journey with MG Motor India
The JSW Group chairman is just days away from signing a deal to buy a 49% stake in the India unit of the iconic British brand. The deal, if successful, will change the face of the $23 billion group in more ways than one.