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: ArcelorMittal, the world's largest steel-maker, is in discussions with Indiabulls Group to form a joint venture company for scouting and mining iron ore in Rajasthan and setting up a steel plant. "The discussions are on (between ArcelorMittal and Indiabulls to form a JV company). ArcelorMittal is pitching for …
Mahesh Kulkarni / Bangalore September 03, 2010, 0:56 IST The Karnataka government has been facing an uphill task in acquiring land for big-ticket steel and power projects. The land acquisition process in Bellary and Haveri districts, where mega steel plants of ArcelorMittal and Tata Metaliks are proposed to come up, …
The rich mineral resources of Bhilwara has caught the eyes of the steel major Laxmi Narayan Mittal. The industrialist has applied to the mining department to search for iron ore and copper in the 157.2 hectares of district. According to the application the Arcelor Mittal India Mining Pvt Ltd has …
Ranchi, Aug. 16: The Ranchi district administration has begun the process of acquiring details of government land to be transferred to Hindalco Industries Limited and JSW Steel Jharkhand Limited
Mahesh Kulkarni / Bangalore July 1, 2010, 1:36 IST L N MittalArcelorMittal, the world’s largest steel maker, is likely to be the first among 53 steel companies that signed a memorandum of understanding (MoU) with the state government a month ago to secure captive iron ore mines in Karnataka. If …
V. Sridhar BANGALORE: World's biggest steel producer Arcelor Mittal on Thursday signed a memorandum of understanding with the Karnataka Government to establish a 6-million tonne integrated steel plant in Bellary district. Speaking to media persons here on the sidelines of the two-day Global Investors Meet, organised by the State Government, …
Bangalore: More than 3,000 investors from India and overseas gathered at the inaugural event of the two-day Global Investors Meet, organised by the Karnataka government in Bangalore on Thursday. Karnataka Chief Minister B.S. Yeddyurappa said about 400 MoUs are likely to be signed during the event, involving an investment of …
Bangalore: Global steel baron Laksmi Mittal has said the steel manufacturing facility in Karnataka may become a reality much ahead of the proposed projects in Jharkhand and Orissa.
Global steel giant ArcelorMittal on Thursday entered into pact with the Karnataka government to set up a Rs 30,000-crore plant and hoped that the project would come up faster compared to its plans in Jharkhand and Orissa. ArcelorMittal CEO L N Mittal delivering his speech during the inauguration of the …
Overwhelming response to Global Investors Meet, says State Govt. The Karnataka Government has said that ArcelorMittal is willing to offer stake in its Rs 30,000-crore steel project to farmers whose land will be acquired for the project. The State Large and Medium Industry Minister, Mr Murugesh Nirani, said that the …
V. Sridhar Bangalore: All roads will lead to the Bangalore Palace Grounds here on Thursday as Karnataka's biggest investor festival, the Global Investors Meet, gets under way. The two-day event, hosted by the State Government, is expected to attract more than 4,500 investor-delegates from India and several other countries. The …
The steel sector, mining and the district of Bellary will be in the spotlight at a Global Investors Meet being organised by the government in Karnataka from Wednesday. The government is expecting to tie up deals estimated at Rs 3.5 lakh crore at the meet. Most of the deals have …
