ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers – and Festo India, the world’s leading manufacturer and supplier of automation technology and technical education, announced the signing of a Memorandum of Understanding (MoU) at the Festo Corporate Center in Stuttgart, Germany. The partnership…
Cyril Amarchand Mangaldas advised Essar in relation to the sale of its entire stake in certain ports and power infrastructure assets to ArcelorMittal Nippon Steel India Limited (AMNSIL), for an aggregate amount of USD 2.4 billion. As part of the transaction: Essar Ports & Terminals Limited, Mauritius, has sold to AMNSIL certain ports assets of…
Total and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026. The LNG will be sourced from Total’s global portfolio and offloaded either in Dahej or Hazira LNG Terminal, on the West Coast of India. AMNS will use the…
Leading corporations and business leaders have announced their support to fight Covid-19 pandemic, and apart from their direct efforts, and work being done by their respective foundations or CSR initiatives, some of them have committed funds to the union and state governments relief funds. Most of these funds are expected to be directed towards putting…