New Delhi: ArcelorMittal is facing an exodus of senior management at its India office, with about 20 top executives, including its CEO for Greenfield Projects Sanak Mishra, quitting in frustrations

New Delhi: In the biggest foreign investment pullout, world's largest steel maker ArcelorMittal on Wednesday scrapped its USD 12 billion (Rs 50,000 crore) steel plant in Odisha over inordinate delays

Ahmedabad: Unhappy over the delay in getting clearances for his projects, Lakshmi Mittal, chairman and CEO of ArcelorMittal, the world's largest steelmaker, has said India was not his top priority fo

Paris: France’s minister for industrial recovery has accused Arcelor Mittal boss Lakshmi Mittal of “blackmail” and “lies”, after the giant steelmaker said it would close six facilities in neighbourin

French industrial renewal minister Arnaud Montebourg does not want steel giant ArcelorMittal in France anymore and is looking for an industrial partner with which to take the group's operations there over on a temporary basis, he said today in an interview.

Mukesh Ambani has retained his position as the world's richest Indian for the fifth year in a row, although his networth declined by USD 1.6 billion to USD 21 billion but remained well above that of t

Indian steel magnate Lakshmi Mittal has no immediate plans to invest in India, where his recent attempts to build steel plants in Jharkhand and Odisha reportedly face local opposition and wrangles over land acquisition, says a media report.

ArcelorMittal, the world's largest steelmaker, forecast tough market conditions would continue into the second half of the year, particularly in Europe, after a divestment gain swelled second-quarter

ArcelorMittal, the world's largest steelmaker, forecast higher profit in the second quarter after surprisingly strong earnings in the first three months of the year.

The Luxembourg-based company said

Britain's wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List, at a time when most Britons' earnings and savings were squeezed by infla