Author Archive

Indian Supreme Court approves ArcelorMittal’s acquisition of Essar Steel

18 November 2019 08:00 CET ArcelorMittal announces that, following receipt and review of the formal written order, ArcelorMittal India Private Limited’s (‘AMIPL’) resolution plan for Essar Steel India Limited (‘ESIL’) has been unconditionally approved by the Indian Supreme Court. Supreme Court approval of AMIPL’s resolution plan is the final procedural step in ESIL’s corporate insolvency

Dr Sovan Roy rewrites the history of Fountain Pen making in India!

Dr Sovan Roy’s Magnum Opus to hit the stands soon! Dr Sovan Roy is a scientist by profession. And, a distinguished one at that, if one were to consider the sheer number of papers published in the professional journals or his long and blemish-less record as a Government servant occupying progressively higher posts. But, it

Happy Diwali

Prosperity has taken up citizenship of Antigua. Development has been banished to the nether world. Let us all feed our inner demons Cholesterol laced Laddoos, talk about going Green, and generally carry on with life, even as we post inane messages in the Social Media!

Jindal Stainless joins hands with government undertaking BCL; collaboration to pave way for revamping structural infrastructure

Company targets supply of nearly 2 lakh MT stainless steel in next few years on pan- India basis New Delhi, October 23, 2019: Aiming at its advent in structural infrastructure applications, Jindal Stainless signed a Memorandum of Understanding (MoU) today with Braithwaite & Co Limited (BCL) a Government of India undertaking under the Ministry of

World’s steel producing regions call for extension of Global Forum on Steel Excess Capacity – Europe further hit by effects of overcapacity

Brussels, 22 October 2019 – The European Steel Association (EUROFER) has today issued a joint release alongside eighteen other regional and national steel associations calling for the Global Forum on Steel Excess Capacity to be extended. At the same time, the crisis in the European steel industry – largely a result of the very overcapacity

GLOBAL STEEL INDUSTRY GROUPS CALL FOR URGENT ACTION ON STEEL EXCESS CAPACITY CRISIS

Washington, DC, October 22 – Nineteen steel industry associations in the Americas, Europe, Africa and Asia today called for the governments of steelmaking economies to step up efforts to effectively tackle persistent global excess capacity in the steel sector, including by quickly implementing strong rules and remedies that reduce excess capacity, its impact and its

Will India ever produce a professional boxing champion?

Photo by Boxing AIBA / CC BY-ND 2.0 Caption – The legendary Mary Kom in Rio 2016 As you are well aware, boxing in India is something of an enigma. People laud our amateur boxers and wish them well at every turn. We tune into the Olympics to see them win medals and some even

30 Business Titans Join UN Push to Scale Up Private Sector Investment for Sustainable Development

António Guterres calls on key business leaders to step up to the challenge of financing the SDGs UNITED NATIONS, 16 October 2019 – The UN announced today that 30 influential leaders from the corporate world will work together over the next two years in a bid to free up trillions of dollars from the private sector

World Economic Forum 50th Annual Meeting in Davos: Defining Stakeholder Capitalism

The World Economic Forum Annual Meeting on 21-24 January in Davos, Switzerland marks the international institution’s 50th anniversary The meeting will focus on the Forum’s founding principle – Stakeholder Capitalism – and define ways in which companies can update their purpose and key performance indicators in this new era It will also champion metrics governments and

IIT Roorkee awarded the Indo-Netherland Project on Water4Change

 17th October 2019: IIT Roorkee has been awarded the Indo-Netherland project on Water4Change – Integrative and Fit-for-Purpose Water Sensitive Design Framework for the fast Growing Liveable Cities of India. This award was given by Honorable Minister of Science & Technology Dr. Harsh Vardhan in presence of King and Queen of Netherlands during the DST-CII India-Netherland