Bhubaneswar: Prospects for ArcelorMittal Nippon Steel's proposed steel plant in Odisha’s Kendrapara district have strengthened following a key notification from the Revenue Department. Industries Minister Sampad Swain highlighted ongoing infrastructure work, including roads, electricity, and plans for a new railway line, emphasizing Odisha’s focus on industrial expansion. Local MLA Durga Prasad Nayak praised community backing for the plant, which is …
KENDRAPARA: The state government on Saturday announced to acquire land in the seaside villages of Ramnagar, Kharinashi and Batighar gram panchayats under the Mahakalapada block of Kendrapara district for establishment of a steel plant of ArcelorMittal Nippon Steel. Expressing happiness over the decision, the vice-chairman of Mahakalapada block Bijay Shukla hoped the establishment of the steel plant would bring substantial …
Section 9 of the Arbitration Act envisages 'interim measures' and the Courts must not adjudicate a substantive issue at this stage, the Gujarat High Court has observed today. Thus, the two primary issues which were raised before the High Court were: whether the Commercial Court, in exercise of its power under Section 9 of the Arbitration Act, could have directed …
Gujarat-based ArcelorMittal Nippon Steel India said on Sunday it has executed India's very first "paperless bill discounting transaction" in partnership with ICICI Bank. ArcelorMittal Nippon Steel is a joint venture between ArcelorMittal and Japan's Nippon Steel "In a step forward for digitising trade payments, AMNS India has executed the country's first domestic paperless bill discounting transaction," AMNS India said in …
The ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel - two of the world's leading steel companies - recently signed a Memorandum of Understanding with Birla Institute of Technology & Science Pilani, a leading premier educational institute, to provide a Process engineering degree through Work Integrated Learning Programme without the need for a career break. Sharing …
ArcelorMittal, world’s largest steel maker on Monday completed the acquisition of Essar Steel India Limited, and simultaneously established a joint venture with Nippon Steel Corporation, called ArcelorMittal Nippon Steel India Limited, which will own and operate ESIL. “ArcelorMittal holds 60% of AM/NS India, with Nippon Steel holding the balance,” said a company statement adding that Aditya Mittal, president and CFO …
