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For some people, running a business into the ground to the extent the government is forced to fork out $2.4 billion to keep the lights on would be reason enough to keep a low profile. One of Gupta’s ...

The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a forensic accounting firm to assess the situation. InfraBuild, a separate GFG ...

Sanjeev Gupta said GFG was "steadily ramping up production" and asked stakeholders to "work together". The company owes about $15 million in unpaid water bills in addition to "tens of millions of ...

GFG has not made any royalty payments this financial year and owes "in the order of $15 million" to SA Water. A senior public servant said there are "concerns around solvency" for the troubled ...

Money owed by GFG’s Liberty Steel subsidiary to ArcelorMittal tied to 2019 transaction may result in several European mills being put up for sale. The ruling by a judge in the United Kingdom could ...

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GFG Alliance, which has a presence in the domestic steel sector, has raised USD 40 million (around Rs 330 crore) term loan from Eclipse Business Capital in the US. The amount, which has been raised ...

GFG Alliance Group, headed by Sanjeev Gupta, is facing an insolvency hearing in the U.K., according to a report by the «Financial Times» (behind paywall) Monday. This comes after French criminal ...