Lakshmi Mittal

17 Aug

Lakshmi Mittal’s Steel Plant in Ukraine Hit in Russian Strike; Two Dead, 14 Injured

Rajeev Sharma0 CommentsIndia, Trending, World NewsLakshmi Mittal

Kryvyi Rih (Rajeev Sharma): A Russian missile attack has struck the ArcelorMittal steel and mining complex in Kryvyi Rih, Ukraine, leaving two people dead and 14 workers injured. The industrial facility, associated with Indian-origin billionaire Lakshmi Mittal, was forced to partially scale back operations after key infrastructure was damaged. The attack adds to a growing series of strikes on industrial and strategic sites as Russia and Ukraine intensify their long-range aerial campaign. Operations disrupted after strike ArcelorMittal Kryvyi Rih, one of Ukraine’s biggest steelmaking facilities, confirmed that one of its sites had been damaged. Energy installations and equipment supporting blast-furnace…

03 May

Mittal Family and Adar Poonawalla Set to Take Majority Control of Rajasthan Royals in Record IPL Deal

Gurpreet Singh0 CommentsSportsAdar Poonawalla, Cricket business, IPL investment, Lakshmi Mittal, Mittal acquisition, Rajasthan Royals

Jaipur (Gurpreet Singh): In a transformative development for the Indian Premier League, steel magnates Lakshmi Niwas Mittal and Aditya Mittal have entered the world of professional cricket by securing a monumental acquisition of the Rajasthan Royals franchise. This significant transaction, which includes the participation of prominent business leader Adar Poonawalla, values the enterprise at an estimated $1.65 billion US dollars, or approximately 15,660 crore rupees. This deal represents one of the largest investment movements in the history of the league, reflecting the rapidly escalating global valuation of cricket as a premier sporting asset. Upon the completion of regulatory formalities, the…