isolating the British steel magnate as his financial troubles mount. Mr Gupta’s GFG Alliance owns major steelmaking assets around the world, including the Whyalla steel mill in South Australia ...
GFG has previously denied wrongdoing and pledged to co-operate with the probe. The steel magnate is also being prosecuted over his alleged failure to file accounts in the UK for more than 70 ...
Sanjeev Gupta is the steel magnate who has cobbled together a vast empire. Bethany Rae Mr Gupta, however, remains characteristically bullish. A spokesman for his company GFG Alliance said the ...
Gupta's steel mills in Europe have shutdown, while creditors in the UK purse the steel magnate for hundreds of millions of dollars related to the collapse of financer Greensill Capital.
It has been accused of dumping cheap steel on the global market to beat out competitors. During his administration President Trump pushed China to cut production, and more recently, in 2024 ...
“The international boards at the center of Sanjeev Gupta’s industrial empire are losing high-profile directors and his global advisory panel is entirely defunct, isolating the British steel magnate as ...
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