Lakshmi Mittal

Steel magnate Lakshmi Mittal was ranked at No. 5 followed by OP Jindal Group matriarch Savitri Jindal, Sun Pharma's Dilip Shanghvi and Radhakishan Damani, whose Avenue Supermarts owns the DMart

Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. The company last month increased the price of its minimum recharge or the entry-level for the 28-day mobile phone service plan by about 57 per cent to Rs 155 in eight circles. Responding to a PTI query on the need for a tariff hike when the company's balance sheet is healthy, he said the return on capital in the telecom business is very low and a tariff hike is expected this year. "It (tariff hike) will happen across the board," Mittal said at Mobile World Congress (MWC) here on Monday. He said the company has injected a lot of capital that has made the balance sheet strong but the return on capital in the industry is very low. "That needs to change. We are talking of small increments that need to come in the Indian tariff situation. I hope it happens this year," Mittal said. Asked about the impact of price increase on people at the

Inauthentic debt worth over £2 billion from "friendly creditors" helped him "swamp" through the required votes from lenders for the payment arrangement, Moorgate's lawyers claim

They've got the world to sit up and take notice. Starting from humble beginnings, they have come to lead global companies. A look at 4 professionals whose story is as much India's as the world's

Global steel giant ArcelorMittal's Executive Chairman L N Mittal called on Odisha CM Naveen Patnaik and visited Paradip Port in connection with a proposed mega steel project in Kendrapara district

The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast

Aditya Mittal is now president, chief financial officer (CFO) and chief executive officer (CEO) ArcelorMittal Europe.

The company also said it will pay a dividend of 30 cents a share. The steelmaking giant halted payouts following a collapse in demand last year

It has been a mixed bag for the firm he renamed AMNS India, and while the pain of the downturn and the pandemic has subsided, other issues remain

Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable

Aditya, son of steel baron LN Mittal, said that operations at ArcelorMittal Nippon Steel India's (formerly Essar Steel) Hazira plant in Gujarat are running at full capacity

Lakshmi Mittal said, "This year has been a wake-up call to the world to be better prepared for pandemics, which, as we have all experienced, can cause massive social and economic disruption."

Mittal said, the company would work on the two iron ore mines- Sagasahi and Thakurani in Odisha

Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze

One of the things we're doing, we're going to be announcing another tax cut in not so long a period of time, largely for middle-income people, said Trump in an interaction with Indian businessmen

Global steel major ArcelorMittal is keen to expand its presence in India, Steel Minister Dharmendra Pradhan said on Saturday. Pradhan, who met ArcelorMittal Chairman and CEO Lakshmi Niwas Mittal here, assured him of full support to leverage the country's large market. The meeting comes a day after ArcelorMittal initiated payment of Rs 42,000 crore for acquiring debt-laden Essar Steel, which it had won in an insolvency process. "Had a fruitful meeting with Mr. Lakshmi Niwas Mittal, Chairman & CEO of ArcelorMittal @ArcelorMittal. We had wide ranging discussions on ways to boost domestic steel production through technology upgradation & attracting more investments in the steel sector, " Pradhan said in a tweet. In another tweet, the minister said ArcelorMittal is keen to expand its presence in India and he has assured the company of full support and cooperation to help leverage India's large and diverse market, rising demand and investor friendly regime. The decks for acquisition

High value of stressed steel assets reflect the uncertainty of putting up a greenfield projects in India apart from the cost which is $1 billion for a million tonne capacity

Lakshmi Mittal's first attempt to bring home ArcelorMittal was in 2005. Amid much fanfare, the company signed a deal with Jharkhand chief secretary P P Sharma for a 12 mt steel plant

Says his group hopes to play a part in making India emerge as an economic super power over the next decade

Overall, the total wealth of the tycoons on the 2019 Forbes India Rich List shrank 8 per cent to $452 bn from a year ago