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Mittal Steel Company was formed as Ispat International in 1978. At the time it was part of the Indian Steel company Ispat Industries which had been founded by Lakshmi Mittal's father in 1984. It was owned by the Mittal family, but in 1995 Ispat International separated from Ispat Industries after various disagreements between Lakshmi and his father.
This is a list of companies listed on the National Stock Exchange of India (NSE). Contents !–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z !–9 Symbol ...
NSE EMERGE is NSE's new initiative for small and medium-sized enterprises (SME) and startup companies in India. [39] These companies can get listed on NSE without an initial public offering (IPO). This platform will help SMEs and startups connect with investors and help them with the raising of funds. [40]
In 1976, because of the curb of steel production by the Indian government, the 26-year-old Mittal opened his first steel factory PT Ispat Indo in Sidoarjo, East Java, Indonesia. [23] [24] In 1989 Mittal purchased the state-owned steel works in Trinidad and Tobago, which were operating at an enormous loss. He turned them into profitable ventures ...
Ispat Steel Ltd (ISL) was an Indian company with operations in iron, steel, mining, energy and infrastructure. It was set up as Nippon Denro Ispat Limited in May 1984 by founding chairman M. L. Mittal. [3] It was listed on the Bombay Stock Exchange and National Stock Exchange of India until 2013 when it was merged with JSW Steel. [4]
It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. [3] ArcelorMittal is the second largest steel producer in the world, with an annual crude steel production of 78 million metric tonnes as of 2022. [5] It is ranked 197th in the 2022 Fortune Global 500 ranking of the world's largest corporations.
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. [1] [2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India.
ArcelorMittal South Africa is part of the steel company Arcelor-Mittal. [1] [2] The company was originally Iscor Ltd., a South African parastatal steel company. It was founded in 1928 and was first listed on the JSE Securities Exchange in 1989. In January 2025 it announced that it would be shutting down steel operations in Newcastle and ...