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Wednesday, August 13, 2025
TopicLakshmi Mittal

Topic: Lakshmi Mittal

Billionaire Laxmi Mittal’s brother Pramod, jailed for ‘fraud’, led opulent life despite debts

Pramod Mittal, who has the reputation of a risk-taker, was sentenced to one-month detention in Bosnia for suspected fraud.

India’s 23 richest people saw $21 billion vanish in 2018

Lakshmi Mittal, who controls the world’s largest steelmaker, led the way, losing $5.6 billion.

Essar Steel may not even be bankrupt by the time bidding for it ends

If Numetal decides to pay for Essar’s defaults, bidding to resolve the high-profile bankruptcy will be one where the firm isn’t even bankrupt anymore.

Delay in selling Essar should be a wake-up call for India’s bankruptcy process

What should’ve been simple question of deciding who’s willing to shell out the most for a prized asset has become a complex debate.

Russia’s top bank willing to buy out India’s sick Essar in a $6 billion race

The VTB-led consortium’s bid will be in contest with that of Lakshmi Mittal’s ArcelorMittal, which submitted a higher offer than the VTB investor group last month.

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.