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Monday, April 6, 2026
TopicLakshmi Mittal

Topic: Lakshmi Mittal

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

Achyut Mishra -
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

Venus Feng -
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

Andy Mukherjee -
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

Andy Mukherjee -
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

George Alexander -
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

YourTurn

Opinion

US pilot rescue in Iran must be seen more than war cost. Nation protects its warriors

Ajay Ahlawat -
A live American pilot paraded on Iranian state television would have been an intelligence windfall and a propaganda coup of historic proportions.

Iraq’s long road to FIFA World Cup qualification is a story of survival, defiance

Why nose strips and peel-off masks are an overhyped quick fix for blackheads

Economy

What to expect from China’s new 5-year plan—trade innovation, tensions with partners

WEF Team -
ASEAN is struggling against a flood of 'underpriced Chinese goods', while Brazil has imposed anti-dumping duties on Chinese steel.

Defence

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

Keshav Padmanabhan -
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

National Interest

China insulated itself against energy shocks. India is ‘all talk, no walk’

Shekhar Gupta -
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.

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