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India's Jindal closes in on Thyssenkrupp Steel as EP Group checks out

Mumbai, Oct. 2 -- German steelmaker Thyssenkrupp has called off its joint venture plan with Czech billionaire Daniel Kretinsky's EP Group, as it considers rival suitor Naveen Jindal's acquisition offe... Read More


Lloyds's new steel bet faces a trifecta of challenges-demand, costs, and Maoists

Mumbai, Oct. 1 -- India is set to get its second primary steel company in 15 years as Lloyds Metals and Energy Ltd prepares to launch primary steel manufacturing operations in Maharashtra. However, ch... Read More


Why don't independent directors call out red flags when they quit?

Mumbai, Sept. 18 -- By quitting India Gate basmati rice maker KRBL Ltd's board on 8 September over governance issues, Anil Kumar Chaudhary joined a rare group-only the 22nd independent director in six... Read More