Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta’s Australian steel business InfraBuild is offering to pay high interest rates to regain access to ...
Francisco Irazusta has had a unique view of the slow unwinding of British industrialist Sanjeev Gupta’s global empire. Last week, the British government stepped in to take control of Gupta’s sprawling ...
Infrabuild and OneSteel Manufacturing – the owner of the Whyalla steelworks which was placed in administration in mid-February – delayed the lodgement of their 2024 financial year reports while Mr ...
InfraBuild, the most profitable business in British industrialist Sanjeev Gupta’s faltering global business, has crashed to a loss of more than $80 million in six months, paying millions of dollars to ...
InfraBuild said it had generated net revenues of $1.529bn in the first quarter of the financial year, up 2 per cent, with EBITDA 24 per cent higher at $197m. The company’s most recent financial report ...
Sanjeev Gupta’s InfraBuild has struck two key agreements which should avoid a possible default on its debts but the $US150m in new debt at the heart of the deal is ...