at the very Core of it all … is Content!
Brussels, 20 May 2016 – World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 135 million tonnes (Mt) in April 2016, a -0.5% decrease compared to April 2015. China’s crude steel production for April 2016 was 69.4 Mt, an increase of 0.5% compared to April 2015. Elsewhere in …
May 19, 2016 – On May 11, 2016, ArcelorMittal (the “Company” or “ArcelorMittal”) announced the launch of its tender offer (the “Offer”) to purchase for cash any and all of its outstanding 9.850% Notes due June 1, 2019 (CUSIP 03938LAM6/ ISIN US03938LAM63) (the “Notes”) on the terms and subject to the conditions set out in …
From the invention of the wheel to the horse-drawn carriage, and from the Model T to the cars of today, human history has been shaped by innovations in transportation. Today, the transportation landscape of the past is colliding with radical technology innovations that may once again reshape how the world moves. A survey conducted across …
Bank PAT for Q4FY16 Rs. 696 cr Consolidated PAT for Q4FY16 Rs. 1,055 cr Mumbai, May 12, 2016 The Board of Directors of Kotak Mahindra Bank (‘Bank’ or ‘KMBL’) took on record the audited standalone and consolidated results for FY16 at the Board meeting held in Mumbai today. The merger of ING Vysya …
KOLKATA – May 6, 2016 – Mercom Capital Group, llc, a global clean energy communications and consulting firm, forecasts global solar installations to reach 66.7 GW with China, the United States, Japan and India to make up the top four solar markets this year. “Solar installations are forecasted to grow year-over-year globally despite recent headwinds in …
6 May 2016 – ArcelorMittal Europe has announced its results for the first quarter of 2016, reporting a 34% drop in Ebitda to €328m compared with Q4 2015, mainly due to a 7.2% decline in average steel selling prices for the first three months of 2016. Lower prices were however offset in part by higher …
Luxembourg, May 6, 2016 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results[1] for the three month period ended March 31, 2016. Highlights: Health and safety: LTIF rate of 0.72x in 1Q 2016, lower as compared …
Luxembourg, 4 May 2016 – The Annual General Meeting of shareholders of ArcelorMittal held today in Luxembourg approved all resolutions by a strong majority. 1,906,191,732 shares or 62.17% of the company’s share capital were present or represented at today’s Annual General Meeting. The results of the votes will be posted shortly on corporate.arcelormittal.com under “Investors …
Mumbai, May 2, 2016: Tribhovandas Bhimji Zaveri Limited (“TBZ”), India’s renowned and trusted jewellery retailer with a legacy of over 150 years, reported its audited results and financial performance for the fourth quarter and full financial year ending 31st March, 2016. KEY HIGHLIGHTS In Rs crores Q4 FY16 Q4 FY15 % YoY …
Rio Tinto has progressed plans to reduce gross debt through the early repayment of some near term maturing debt, today pricing its Any and All Offer. The total consideration payable in connection with the Any and All Offer by Rio Tinto Finance (USA) plc pursuant to the Offer to Purchase dated 21 April 2016 has …