PARIS French President Francois Hollande said before meeting the chief executive of steelmaker ArcelorMittal on Tuesday that their discussion would touch on the possibility of nationalising a steelmaking site temporarily to save jobs.
Asked during a news conference if the options to keep two threatened blast furnaces operational included a temporary nationalisation, Hollande replied: "That is among the subjects we are discussing."
(Reporting By Nicholas Vinocur; Editing by Mark Heinrich)
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With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column