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Arcelor-Nippon to pump Rs 70k cr in Andhra plant

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Lakshmi Mittal has launched his most ambitious greenfield project in India, breaking ground on an 8.2 million-tonne steel plant in Anakapalli, Andhra Pradesh. ArcelorMittal will invest over Rs 70,000 crore in the facility, expected to begin operations by early 2029. This marks a significant renewed push into India for the steel magnate, following earlier unmaterialized greenfield plans. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6JhBEIx >

Ex RBI ED Kattoor appointed South Indian Bank chairman

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Equky0f >

CBI quizzes 3 ex-senior execs of Anil Ambani group in fraud probe

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HpjGPTW >

Missile Strike Hits Instc Hub: US-Israeli attack hits Bandar Anzali; experts fear higher trade costs

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ecyqzd9 >

Indian refiners eye Iranian oil stuck at sea as US eases curbs

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/4ilLgx6 >

Premium petrol up Rs 2 per litre amid global oil spike

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/VxRMNa8 >

$44 billion acquisition: Elon Musk 'misled' Twitter shareholders in 2022, says US jury

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A federal jury found Elon Musk liable for defrauding Twitter investors in 2022 by disparaging the company to secure a lower purchase price. Jurors concluded Musk intentionally misled shareholders through two tweets, including one stating the deal was "temporarily on hold," but absolved him of a broader scheme to defraud. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oFmcSQR >