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Nitish set to woo Mittal Bihar Chief Minister Nitish Kumar has announced that his government will approach global steel majors, including Mittal Steel, and urge them to set up a steel plant in the state near its border with Jharkhand, close to Nawada. 30 Apr 2006
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Arcelor to face rebel shareholders Arcelor SA will face some rebel shareholders at its annual meeting, April 28, over the company's moves to fend off a 19 billion euro ($ 23 billion) takeover offer by Mittal Steel Co. 27 Apr 2006
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Sensex breaches 12,000 mark, ends at a new high The bullish Indian stock market created a record of sorts on Thursday when it breached a new milestone - the 12,000 mark - for the first time in the history of the capital market on massive institutional buying. 21 Apr 2006
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Mittal optimistic of Arcelor takeover by June Steel magnate, Lakshmi Mittal, is confident of gaining enough shareholder support to complete a hostile takeover of rival Arcelor by the end of June. 20 Apr 2006
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Tatas' Rs. 6000 crore Bangladesh project on track The Tata Group has announced that its proposed 2.4 MT steel plant project in Bangladesh was well on track and hoped to settle all outstanding issues with Dhaka soon. 12 Apr 2006
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Arcelor chief defends payout in radio interview Paris, France - Arcelor's chief executive, Guy Dolle has defended the company's plan to distribute more than 5 billion euros ($ 6.10 billion) to shareholders as part of its defense against an expected bid from Mittal Steel Co. NV. 12 Apr 2006
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Tata Steel adjudged world's best steel maker in study by World Steel Dynamics Jamshedpur - Based on a study of 33 world class steel makers, Tata Steel has been ranked the best steel company in the world by World Steel Dynamics, Inc., USA (WSD), the worlds' leading steel information service provider. 07 Apr 2006
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Shareholders not favorable to Mittal: Dolle Brussels, Belgium - Arcelor Chief Executive Guy Dolle has said that the majority of the steel company's shareholders are not in favor of the unsolicited 18.6 billion euro ($22.2 billion) takeover bid by rival Mittal Steel. 06 Apr 2006
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Steel, aluminium Cos. hike price by over Rs. 2000 per tonne Mumbai - Rise in price of steel and aluminium in international market has prompted the Indian steel and aluminium companies to hike the price by over Rs. 2,000 per tonne. 06 Apr 2006
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Arcelor boosts dividend, may buy back shares Brussels, Belgium - Arcelor SA raised its dividend Tuesday and said it may buy back 5 billion euros ($ 6 billion) in shares as it tries to fight off a hostile bid from rival steelmaker, Mittal Steel Co. 05 Apr 2006
