World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for a steel plant in Ballari district of Karnataka, in view of excess global steel capacity and delays in securing raw materials. The company had entered into a pact with Karnataka government for setting up …
NEW DELHI: Arcelor Mittal has made a headway for its proposed 10-billion dollar steel project in Jharkhand as the state government has offered over 1,000 acres of land for its plant. The development comes at a time when the world's largest steel producer is facing resistance in the acquisition of …
For the tribals of villages in the Gumla and Khunti districts of Jharkhand, where the Arcelor-Mittal steel plant is to be situated, the company does not spell employment opportunities as much as an annihilation of their way of life, their culture and the environment. Unconvinced by the rehabilitation and resettlement …
Indrani Dutta, Kolkata: ArcelorMittal has finally submitted its expression of interest (EoI) for reviving abandoned mines of Coal India Ltd (CIL) for which the Navratna PSU had invited global EoIs for
Ranchi: Steel major ArcelorMittal was today able to break the ice with over 200 villagers of Khunti and Gumla districts where it is scouting for land to set up mega steel and power projects with an investment of over Rs 40,000 crore. In what could be the way forward for …
World's richest Indian Lakshmi Mittal, known for creating the world's largest steel empire mostly through merger and acquisitions, said that there was no Indian company on his takeover radar. "It is very unlikely that we get an M&A; opportunity in India as Indian entrepreneurs are doing very well and whatever …
