Search results for House Of Mittal

From bankrupt steel mills to Rajasthan Royals: The bold bets behind Lakshmi Mittal’s global empire

Before the Arcelor deal, Mittal had already reshaped the American steel landscape through the acquisition of International Steel Group in 2004-05 for $4.5 billion. The acquisition...

Steel tycoon to IPL power player: Who is Lakshmi Mittal, billionaire behind the Rajasthan Royals deal?

Born in Sadulpur in Rajasthan in 1950, Mittal spent much of his early life in Kolkata, where his father operated a steel business. After graduating from St. Xavier’s College, he en...

From sleeping on bare floors to billionaire: Discover 10 interesting facts about Lakshmi Mittal

Known for reviving struggling steel plants, living lavishly and making bold global bets, the billionaire industrialist has remained a towering figure in international business for...

New twist in Rajasthan Royals ownership as Indian businessman Lakshmi Mittal acquires franchise

A US-based consortium had won the bid for RR in March but their deal hasn't gone through

Rajasthan Royals sold: Lakshmi Mittal family teams up with Adar Poonawalla to buy RR in ₹15,660 crore deal

Following completion, the Mittal family will own around 75% of Rajasthan Royals, while Poonawalla will hold about 18%. The remaining 7% will stay with approved existing investors,...

UK will block Indian billionaire Mittal raising BT stake: Report

A Bharti spokesman had ‌said the company is pleased with its current 24.95% shareholding ​and "currently has ​no ⁠plans to increase its stake."

Mittal Family Buys 75% Stake in Rajasthan Royals For $1.65 Billion; Somani Deal Falls Through

The transaction consideration (USD 1.65 billion) represents the enterprise value of Rajasthan Royals' men's franchise, Paarl Royals and Barbados Royals

House of Mittal Formally Appoints Jeff Strekas as Winemaker Across Its Luxury Wine Portfolio

Legal Trouble Brewing Over Rajasthan Royals’ ₹15,600 Crore Ownership Deal

One of the largest franchise sales in the history of IPL is already experiencing turbulence. Only hours after Lakshmi N. Mittal, his son Aditya Mittal, and Adar Poonawala announced...

An alloy maker that makes more money from markets than metal

Maithan's investment portfolio exceeds its market cap. But 77 per cent of FY25 profits came from financial gains, not alloys. Here is what you are actually buying.

Vedanta Aluminium, Vedanta Power, Vedanta O&G, Vedanta Iron & Steel: Key updates

Vedanta Aluminium is looking to double the existing production capacity to 60 lakh tonnes per annum. Anil Agarwal said the company is set to achieve among the lowest costs of produ...

रॉयल एनफील्ड का सबसे बड़ा ऐलान! इस राज्य में लगेगा 2200 करोड़ का मेगा प्लांट

Indian billionaire and his Bollywood star wife 'buy up five flats in Notting Hill block to turn into servants' quarters...

When, three years ago, a billionaire Indian clothing tycoon and his glamorous Bollywood actress wife bought a mansion in need of some TLC for £21 million, it barely caused a ripple...

ArcelorMittal reports $575 million profit in first quarter

ArcelorMittal reported a $575 million profit in the first quarter.

Billionaire Anil Agrawal named in Sakti power plant explosion FIR

On April 14, a tube carrying high-pressure steam from the boiler to the turbine exploded at Vedanta’s power plant in Singhitarai village killing 20 and injuring 16.

SC orders Larsen & Toubro to vacate ₹1,000 crore Pali Hill bungalow

After a two-decade legal battle, Larsen & Toubro has been ordered by the Supreme Court to vacate a prime Pali Hill bungalow worth over Rs 1,000 crore. The company's attempt to...

The Wallenberg family rescues Europe’s flagship green steel project with a €1.4 billion financing round

Stegra,  formerly H2 Green Steel,  has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant h...

Jupiter Wagons’ Vikash Lohia tops wealth multiplier list of India Inc successors

Karan Adani topped absolute gains with Rs 2.67 lakh crore, while Abhyudaya Jindal and Amit Dahanukar also featured among top performers.

White House Secures Foreign Steel for Ballroom Project

ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom.

Mittal to hand over reins of Airtel in next decade, desires Bharti Telecom regains 51% stake in co

"My own wish is that in the next - I know it's hard to put in years on it - decade as I kind of come to a point where I hand over the reins to the next generation as shareholders,...