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Friday, April 10, 2026
TopicNumetal Ltd.

Topic: Numetal Ltd.

Lakshmi Mittal on the verge of getting control of Essar Steel and entering India

ArcelorMittal will now begin final negotiations with creditors of Essar Steel under India’s bankruptcy laws.

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.

On Camera

Tamil Nadu’s elections are fought on delivery—ideology appears only when needed

Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Theaterisation proposal to be shared with defence ministry in a week or so—CDS Gen Anil Chauhan

Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.

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

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.