• Saturday, July 24, 2021
India Corona Update 
Total Fatalities 419,470
Total Cases 31,293,062
Today's Fatalities 483
Today's Cases 35,342
Pakistan Corona Update 
Total Fatalities 418,480
Total Cases 31,216,337
Today's Fatalities 3,998
Today's Cases 42,015
Sri Lanka Corona Update 
Total Fatalities 418,480
Total Cases 31,216,337
Today's Fatalities 3,998
Today's Cases 42,015
Bangladesh Corona Update 
Total Fatalities 418,480
Total Cases 31,216,337
Today's Fatalities 3,998
Today's Cases 42,015
UK Corona Update 
Total Fatalities 418,480
Total Cases 31,216,337
Today's Fatalities 3,998
Today's Cases 42,015
India corona update 
Total Fatalities 419,470
Total Cases 31,293,062
Today's Fatalities 483
Today's Cases 35,342

Business

Steel tycoon Gupta seals financing pact to acquire Europe’s largest aluminium smelter

Sanjeev Gupta

By: SarwarAlam

UK-based Liberty Steel, which is part of business tycoon Sanjeev Gupta’s global GFG Alliance, on Friday announced that it has entered into a committed financing agreement with a syndicate of major international banks for buying Aluminium Dunkerque, the Europe’s largest aluminium smelter, from Rio Tinto. Without divulging the names of the banks, the company said the term loan secured on standard financial terms provides five-year committed funds. The pact now clears the way for the deal, on the 560-worker site in France, to be formally completed before the end of November following the completion of closing mechanics. “I am very…

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