NRI Billionaires
India-born business tycoons and families who are truly global!
lakshmi mittal
September 2022
June 2022
December 2019
October 2018
September 2018
February 2018
ArcelorMittal overcomes obstacles, expands steel, petchem business
The global steel major looks to acquire bankrupt companies in India to expand its steel business.
ArcelorMittal’s entry a game changer for steel industry
The re-entry of the world’s largest steel player, ArcelorMittal, into the country will not only change the dynamics of the steel industry but also bring far greater innovation.
ArcelorMittal is preferred bidder for Essar Steel
Battle to own the bankrupt Essar Steel enters its final leg after a year as the Committee of Creditors picks the world’s largest steelmaker as preferred bidder.
Numetal gets ahead in race for Essar Steel
NCLAT says Numetal’s revised bid without Rewant Ruia as a partner is valid; gives time till Tuesday to ArcelorMittal to clear dues of companies where its promoter and the steelmaker held a stake.
Who will buy Essar Steel?
The deadline for submission of financial bids for Essar Steel was more than a week ago. But it is still not clear whether either of the two bidders — ArcelorMittal and Numetal Ltd — will be successful.
