Arcelor Mittal Mumbai-based vice president legal and effective regional general counsel Sapan Gupta, who had joined in January 2020 from Shardul Amarchand Mangaldas, has been promoted to group general counsel based in London, moneycontrol and others reported yesterday.

Exclusive: A Karnataka public interest litigation (PIL) is trying to prevent mining companies Arcelor Mittal and Posco from allegedly profiting unfairly from state concessions, which the PIL alleges would result in a loss of $50bn to the state or the equivalent of Rs 2.4 lakhs per family.

Luthra & Luthra is advising ArcelorMittal on its Rs 500 crore ($103m) stake acquisition in Mumbai-based Steel company Uttam Galva Steels.