Categories: Business

Jindal Steel’s deal with Thyssenkrupp faces delay

Jindal Steel International’s proposed acquisition of Thyssenkrupp Steel is facing delays due to unresolved pension-related issues with German authorities. While talks remain active, further assurances from German stakeholders are needed to move forward with the deal, which includes plans for a green steel facility.

The News Vista

Share
Published by
The News Vista

Recent Posts

Can’t have different DA hikes for staff and pensioners: Supreme Court

The Supreme Court has ruled that differential dearness benefit increases for serving employees and pensioners…

1 hour ago

Army promotes Col Purohit to Brigadier rank after AFT relief, acquittal in Malegaon case

Colonel Prasad Shrikant Purohit has been promoted to Brigadier by the Indian Army following his…

1 hour ago

Piyush Goyal assures supply chain support to Gulf counterparts

Commerce Minister Piyush Goyal discussed supply chain issues, particularly food, with UAE, Kuwait, and Bahrain…

1 hour ago

Rubio to visit in May, India may host Quad meet

US Secretary of State Marco Rubio is set to visit India next month, following a…

2 hours ago

Share burden of war cost: Govt to India Inc

A senior government official urged industry representatives to absorb some of the rising raw material…

2 hours ago

Mahatma Jyotirao Phule: A light that still shows India the way

Today marks the beginning of Mahatma Jyotirao Phule's 200th birth anniversary celebrations. A pioneer of…

2 hours ago