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ArcelorMittal's Essar bid delays planned JV with SAIL: Minister

Thursday, January 24, 2019, 7:53 AM

ArcelorMittal's prolonged bid to buy debt-ridden Essar Steel is delaying world's biggest steelmaker's joint venture with state-owned Steel Authority of India Ltd (SAIL), India's steel minister and SAIL's chairman said. India's biggest state-owned steel company SAIL and billionaire Lakshmi Mittal-controlled ArcelorMittal signed a deal in May 2015 to set-up a steel-plant to produce automotive grade steel. However, no timetable has ever been set out.
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Rahul Gandhi appoints Jyotiraditya Scindia in-charge of western UP ahead of 2019 polls

Thursday, January 24, 2019, 7:51 AM

Congress party chief Rahul Gandhi has "handpicked" youth leader Jyotiraditya Scindia to strengthen his party's rule in western Uttar Pradesh ahead of 2019 Lok Sabha elections. Jyotiraditya Scindia, who is considered close to Rahul Gandhi, had played a significant role in driving the Congress party to victory in recently concluded Madhya Pradesh elections. West UP has a sizeable population comprising Jats, Muslims and Dalits.
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Arun Jaitley undergoes surgery, advised two-week rest

Thursday, January 24, 2019, 7:50 AM

Union Minister Arun Jaitley has undergone surgery at a hospital in New York on Tuesday, sources said. He has been advised at least two-weeks rest by doctors, they added. Jaitley, 66, travelled to US on January-13. He underwent tests for soft tissue cancer this week, sources said. On Wednesday, Railways and Coal Minister Piyush Goyal was given additional-charge of Finance Ministry during Jaitley's absence.

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