London’s High Court has ruled that a company in Sanjeev Gupta’s beleaguered metals empire owes $53mn to a joint venture between ArcelorMittal and Nippon Steel.

Nippon Steel, which the administration says is now looking at an investment in U.S. Steel rather than an outright purchase, ...

Managing director TV Narendran, a Tata Steel veteran who has risen through the ranks, says the company may add 5 million tonnes to 3-mt capacity at its new plant in Odisha PE investor Farallon Capital ...

As President Donald Trump rolls out his Make in America plans, India’s Essar Group is finalising an additional $650 million investment in its plant in the state of Minnesota. It had invested $1.7 ...

Last week, the Supreme Court paved the way for ArcelorMittal's takeover of debt-ridden Essar Steel for Rs 42,000 crore and set aside the July 4 NCLAT order giving equal status to financial ...

They were among the first movers after India started liberalising its economy with investments in shipping, steel, power and refining. Essar set up India's first independent power generation ...

ArcelorMittal Nippon Steel India (formerly Essar Steel) is a 60:40 joint venture between L N Mittal-owned ArcelorMittal and Nippon Steel Corporation (Nippon Steel) which acquired the Hazira steel ...

With its re-entry into the steel business, the Essar group plans to open three projects are situated in Saudi Arabia, USA and India with a total investment of USD eight billion. Essar Group ...

(MENAFN- IANS) Mumbai, Jan 22 (IANS) Essar Renewables Ltd (ERL), Essar's venture into the green energy sector, has signed a Memorandum of Understanding (MoU) with the government of Maharashtra at ...

Essar Shipping Ltd was incorporated on April 16, 2010 with the name of Essar Ports & Terminals Ltd in the State of Gujarat. The company received the certificate of commencement of business on June ...