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Fourth time lucky? Lakshmi Mittal set to get India foothold

Fourth time lucky? Lakshmi Mittal set to get India foothold

He presides over the world's largest steel-making company but the Indian passport holder Lakshmi Mittal, chairman and CEO of ArcelorMitt...
Yet another green energy auction flops as investors stay away

Yet another green energy auction flops as investors stay away

Developers say capping of tariff in competitive bidding turns investments unviable. They say competition, wind density and solar irradiance ...
FM holds meeting with banks to review liquidity situation

FM holds meeting with banks to review liquidity situation

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ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 crore

ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 crore

A committee of Essar Steel creditors picked ArcelorMittal on October 25, a day when the Ruia family offered to pay lenders Rs 54,389 crore i...
Petrol rate cut by Rs 2, diesel by Re 1 in last 8 days

Petrol rate cut by Rs 2, diesel by Re 1 in last 8 days

Petrol price has been reduced by Rs 1.98 per litre and diesel by Rs 0.96 a litre during the last eight days. In Delhi, petrol now costs Rs 8...
ICICI Bank Q2 profit halves, misses estimates

ICICI Bank Q2 profit halves, misses estimates

ICICI Bank's net profit came in at Rs 909 crore ($123.84 million) in the three months ended September 30, compared with Rs 2,058 crore a...
Animal spirits muzzled by India's liquidity crunch

Animal spirits muzzled by India's liquidity crunch

Economic growth in the July-September quarter may have retreated from the 8 per cent plus expansion in the three months ended June as consum...

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