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The National Wealth Fund has set out plans to sharply accelerate investment, committing up to £5 billion a year of public money into clean energy, industrial transformation and strategic infrastructure as part of a more focused growth strategy. Under the new approach, the fund will prioritise ten sectors, with clean energy at the core. These […]
Germany’s Thyssenkrupp AG could sell its steel division to India’s Jindal Steel International in a phased manner, four people familiar with the talks said, as the two sides try to strike a deal for the complex business. Jindal Steel Chairman Naveen Jindal. An acquisition of Thyssenkrupp Steel Europe would mark a major expansion of Jindal […]
Tata Steel Ltd., JSW Steel Ltd. and state-run Steel Authority of India Ltd. (SAIL), have been found to have breached antitrust law by colluding on steel prices, putting the companies and their executives at risk of hefty fines. India is the world’s second-largest producer of crude steel. (Reuters) The Competition Commission of India (CCI) has […]