News 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

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

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

Revealed: New Improvements Made to Core Industry Health and Safety

The core industries are one of the staples of the US economy and so employ many workers to help to complete complex tasks. However, these tasks are often manual and involve a lot of physical work in conditions that can put employees at risk. There is now new hope for looking towards a safer working

Canon presents the EOS 90D and the EOS M6 Mark II with high performance and advanced functions packed into a compact body

India, 15th October, 2019: Canon India, the leading players in the imaging space introduces two new cameras with innovatory features, the EOS 90D, a DSLR and EOS M6 Mark II, a mirrorless camera – designed for photographers and videographers seeking to raise the bar in their craft. The enhanced ergonomics and operability, advanced viewfinder, high-precision

Double win for Dubai Airports at the 2019 Aviation Business Awards

October 13, 2019 – Dubai, UAE: Recognised for innovation and continued commitment to passenger experience, Dubai Airports was honoured with awards for Tech Innovation of the Year and Airport of the Year at the 2019 Aviation Business Awards, held in Dubai.  The Tech Innovation award was accepted by the Business Technology and Airport Operations Control