Steel
Sail suspends 2 directors, 26 other officials over alleged corruption
20 Jan 2024
State-owned Steel Authority of India Limited (Sail) has suspended two directors, and 26 senior officials, including executive directors, over alleged corruption, according to a regulatory filing with the stock exchanges.
ArcelorMittal to acquire Brazilian steelmaker CSP for $2.2 billion
02 Aug 2022
ArcelorMittal also announced a new $1.4bn buyback programme of 60 million shares, to be completed by the end of May 2023, despite a 2 per cent decline in its net income to $3.92 billion for the second quarter ended 30 June 2022
Tata Steel looks to double local production to 40 million tonnes
08 Mar 2022
“Tata Steel India will double its production capacity from 20 million tonnes to 40 million tonnes through this decade,” Tata Sons chairman N Chandrasekaran said while paying homage to visionary founder of Tata Group, Jamsetji Nusserwanji Tata, on his 183rd birth anniversary
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