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ArcelorMittal is about to give India its biggest IBC success

ArcelorMittal has initiated payment for acquisition of debt-ridden Essar Steel for Rs 42,000 crore, sources said on Friday.


Dec 14, 2019, 03.35 PM IST



Chief of Rosneft Igor Sechin accompanies Dharmendra Pradhan to Far East Russia

Russia is home to India's biggest energy investments with state-owned firms having spent close to USD 10 billion in acquiring stakes in oilfields such as Sakhalin-1, Taas-Yuryakh and Vankor and Siberia-focused company Imperial Energy.

World’s most profitable company pays surprisingly little

For executives, it’s a relatively modest life compared with some of their peers else...

Oil drops on weak corporate data out of China

Money managers cut their net long U.S. crude futures and options positions in the week to Oct. 22, the U.S. Commodity Futures Trading Commission said on Friday.

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