Sydney, Aug 1: ArcelorMittal, the world's number one steel company with 310000 employees in more than 60 countries, is now looking to expand its operations into Iraq.

The steel company is learnt to have submitted a proposal to rehabilitate a steel facility in southern Iraq, the country’s Minister of Industry and Minerals Fawzi Hariri said.

Sintex Industries, a market leader in the plastic and textiles business segments, has acquired 90% stake in Geiger Technik Gmbh (Garmisch-Partenkirchen, Germany) for Euro 35.6 million.

Mumbai-based Financial Technologies India Ltd has acquired Apian Finance & Investment Ltd, a RBI Registered 'NBFC' for total consideration of Rs 1.5 crore.