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ArcelorMittal JV to invest $500 million in Turkey ArcelorMittal, the world's largest steelmaker, said on Monday it would form a 50/50 joint venture with Turkish peer Borusan to build a new hot strip mill in the country, involving an investment of $500 million. 24 Oct 2007
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Mittal, Total, India oil firms in refinery pact Three Indian state-run oil firms signed a pact with Mittal Investments and France's Total S.A. on Thursday to study the possibility of building a refinery and petrochemical unit in India, company officials said. 18 Oct 2007
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ONGC eyes $50 billion plus group turnover by 2012 India's top oil and gas producer, Oil and Natural Gas Corp (ONGC), aims to more than double group turnover to $50 billion and above by 2012 and sees overseas acquisitions as a key growth driver, its chairman said. 18 Oct 2007
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ArcelorMittal buys Chinese steelcord wire company ArcelorMittal, the world's largest steelmaker, said on Monday it had bought a 90 percent stake in Rongcheng Chengshan Steelcord, a privately owned Chinese steelcord wire manufacturer for $26.6 million. 16 Oct 2007
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Bharti eyes majority stake sale in tower arm: Report Leading Indian mobile operator Bharti Airtel Ltd is looking to sell a majority stake in its tower arm, the Economic Times reported on Thursday, quoting the chairman of Bharti group, Sunil Mittal. 11 Oct 2007
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Arcelor Mittal not worried about credit crunch Arcelor Mittal, the world's largest steelmaker, does not expect the tightened liquidity conditions stemming from the U.S. subprime meltdown will pose much of a problem for the steel industry. 08 Oct 2007
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ArcelorMittal to bid $542 million for Acindar buyout ArcelorMittal, the world's largest steel group, said on Tuesday it plans to offer $542 million for the 34.7 percent of Argentina's Acindar it does not already own. 02 Oct 2007
Mittal committed to steel projects in Jharkhand, Orissa Steel tycoon L.N. Mittal said that Arcelor Mittal was committed to setting up 10 million tonne capacity steel plants each in Jharkhand and Orissa, for which the government has assured him the allocation of iron ore mines. 26 Jul 2007
