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Prince Mathews Thomas

Chief Of Corporate Bureau

Moneycontrol

Prince Mathews Thomas heads the corporate bureau of Moneycontrol. He has been covering the business world for 16 years, having worked in The Hindu Business Line, Forbes India, Dow Jones Newswires, The Economic Times, Business Standard and The Week. A Chevening scholar, Prince has also authored The Consolidators, a book on second generation entrepreneurs.

EXCLUSIVE: Tata Steel joins race for Usha Martin's Jamshedpur unit

BUSINESS

EXCLUSIVE: Tata Steel joins race for Usha Martin's Jamshedpur unit

The company put in an aggressive bid of Rs 6,000 crore. JSW Steel is also in the fray.

JSW Steel looks for stressed assets in India & overseas, for its 50 mtpa target

BUSINESS

JSW Steel looks for stressed assets in India & overseas, for its 50 mtpa target

By 2030, the company wants to have 40 million tons of capacity in India, and 10 million tons overseas

Mid-market hotels set to see best ever occupancy levels, says Patu Keswani

BUSINESS

Mid-market hotels set to see best ever occupancy levels, says Patu Keswani

The founder of Lemon Tree Hotels talks about life before and after listing the company on the BSE, the upcoming boom in hospitality industry and how he wants to leave his legacy

The difficulty of being Anil Agarwal: Of controversies and battlegrounds

BUSINESS

The difficulty of being Anil Agarwal: Of controversies and battlegrounds

The billionaire entrepreneur has created a multinational mining giant. But he continues to wage a battle of perception

NCLAT to reopen hearing on Essar Steel auction

BUSINESS

NCLAT to reopen hearing on Essar Steel auction

The Tribunal will hear arguments from ArcelorMittal, Numetal and the lenders on Wednesday and Thursday

ArcelorMittal and SAIL in possible joint bid for Bhushan Steel

BUSINESS

ArcelorMittal and SAIL in possible joint bid for Bhushan Steel

The partnership, which is in the works, could bid for other stressed assets too.

As crude rises, airlines might be forced to hike fares despite capacity addition

BUSINESS

As crude rises, airlines might be forced to hike fares despite capacity addition

With crude forecast to test $90/bbl this year, fliers may have to brace for higher air fares. Oil is hovering around $68/bbl at present, compared to about $50/bbl during the same period last year

Distressed asset sale: Ownership of mines issue a hurdle for JSW Steel, Tata Steel, others

BUSINESS

Distressed asset sale: Ownership of mines issue a hurdle for JSW Steel, Tata Steel, others

The amendment to Mines and Minerals Act is now haunting the likes of JSW Steel and Tata Steel

JSW Steel sees green shoots in construction sector, thanks to government stimulus  

BUSINESS

JSW Steel sees green shoots in construction sector, thanks to government stimulus  

“Since November, we have seen a sudden pick-up in the demand for TMT bars - used in every construction activity,” Seshagiri Rao of JSW Steel told Moneycontrol.

Can the Ruia brothers pull off a rescue act at Essar Steel again?

BUSINESS

Can the Ruia brothers pull off a rescue act at Essar Steel again?

Though the company came out of the CDR in 2006, a little more than a decade later it finds itself in trouble again.

SAIL’s plan to buy distressed steel firms may face headwinds

BUSINESS

SAIL’s plan to buy distressed steel firms may face headwinds

Ever since the emergence of private steelmaker JSW Steel, and Tata Steel trimming its losses in Europe, SAIL has found itself overshadowed.

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