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Tuesday, April 23, 2024
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

Iran and Israel don’t have free will to start a war. It’s contingent on geopolitics

The reasons for both sides preventing any escalation lie in the political and military context of the strategic situation in West Asia within the larger global geopolitical framework.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.