People given to hyperbole would say that Gopal Vittal's rise at Bharti Airtel has been "meteoric". But in his case, superlatives could perhaps be forgiven. Here's why
Indian telecom czar Sunil Mittal and NRI businessman Anil Agarwal are among the four Indians featuring in the list of '48 Heroes of Philanthropy' compiled by business publication Forbes.
Mittal said his steel plants were getting gas at no less than $6 per million British thermal unit (mBtu), much lower than the $4.33 per mBtu price proposed by RIL.
Aditya Mittal, the son of LN Mittal, the family that pulled off the audacious Arcelor acquisition just last year proves that a businessman of Indian origin can actually rule the world.
The Asia Society also honoured chairman and CEO of Citigroup Charles O Prince with the Leadership Award for his contribution to the financial sector.
Mittal Steel Company NV announced on Thursday an interim dividend of $0.125 per share for its European and New York Stock Exchange shareholders.
'YamaTough', the activist behind the 'Lords of Dharmaraja' hackers group, told Infosec Island, an information security Web site, 'Our goal is Bharti Mittal go off political arena and stop manipulating our government.'
ArcelorMittal on Tuesday said it has cut expenditure on research and development by 4 per cent.
NRI steel tycoon Lakshmi Mittal has earned a staggering 4.1 billion during the past one year and retained his position as the richest person in Britain in 2007 with a wealth worth 19 billion.
As Vodafone started examining the books of Hutchison Essar, its existing partner Bharti Airtel on Tuesday said it has not been approached by anyone to buyout British telecom firm's stake in the company.
Bharti Enterprises will kick off its retail venture early next year, opening half-a-dozen stores -- branding of which is still being worked out with its back-end partner Wal-Mart.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
Focus on building a healthy, happy, and fulfilling relationship instead of comparing them with your ex, suggests rediffGURU Ravi Mittal, QuackQuack.
The company is 'disappointed' with the progress made so far on its proposed 12-million tonnes per annum steel plant, each in Orissa and Jharkhand. It has rued the regulatory hurdles as well.
Among the eight secretaries are Bansuri Swaraj, former Delhi chief minister Madan Lal Khurana's son Harish Khurana and Imprit Singh Bakshi.
Bansuri Swaraj, the daughter of former Union minister Sushma Swaraj, will contest the upcoming Lok Sabha polls from the New Delhi seat and incumbent MP Manoj Tiwari from Northeast Delhi as the Bharatiya Janata Party on Saturday announced the names of five candidates from the national capital, dropping four MPs -- Meenakshi Lekhi, Harsh Vardhan, Parvesh Verma and Ramesh Bidhuri.
Speaking on the sidelines of an event organised by the Confederation of Indian Industry, ArcelorMittal Design & Engineering Centre CEO Pierre Jonette said: "Our main objective is to bring down the total project cost by 20-22 per cent across all the green projects. We have internally decided to increase sourcing from local low cost destinations for most of our greenfield projects."
This correction in tariffs is required to compensate for the company's rural business.
The Supreme Court on Tuesday agreed to hear Bharti Cellular Limited CMD Sunil Bharti Mittal's plea challenging the March 19 order of the special court summoning him as an accused in a corruption case related to allocation of additional 2G spectrum during the 2002 NDA regime.
Mittal Steel, the world's biggest steel manufacturer, which made a $28.7 billion bid for acquiring Luxembourg-based Arcelor, on Friday said it has received US antitrust clearance for the said bid.
Torpa is looking for a second chance to migrate from a poor village to a modern urban cluster but tension is building between those who want development and those against it. For two decades, National Hydel Power Corporation (NHPC) proposed, and some local tribal groups opposed, the setting up of the Koel-Karo hydro-electric project there, and it was finally abandoned last year.
Bharti Cellular Limited CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia on Friday got a breather from the Supreme Court which exempted them from personal appearance in the trial court in a case of alleged irregularities related to allocation of additional 2G spectrum in 2002.
ONGC-Mittal combine will invest more than $6 billion in setting up a refinery, power plant and railway lines in Nigeria.\n\n
Steel baron L N Mittal and French oil major Total on Thursday signed an agreement with state-run HPCL for jointly setting up a $6 billion refinery-cum petrochemical complex at Vishakhapatnam in Andhra Pradesh. State-run gas utility Gail India and exploration firm Oil India Limited are the other stakeholders in the proposed 15 million tonne refinery and one million tonne petrochemical complex.
The federal agency started its operation in the morning, with around 100 officers mobilised to swoop down at the 30 locations in multiple cities of Jammu and Kashmir, Punjab, Haryana, Uttar Pradesh, Bihar and Rajasthan, besides Delhi and Mumbai, the officials said.
Supporting West Bengal Chief Minister, Buddhadeb Bhattacharjee's stand, Mittal said, "Let us see for the next 7-10 years what Indian companies deliver and then we can take a call."
Sunil Mittal, President, CII, met French President Nicolas Sarkozy met in Paris to discuss Indo-France business relations.
The transaction is expected to close in October, subject to oversight and approval by the recently appointed court trustee, a company statement said.
The online world is filled with love gurus promising to teach "how to woo someone in minutes", unlike those who talk about the need to do the self-work.
NRI steel baron Laxmi Mittal has donated $2 million for the Tsunami Recovery and Relief Fund, set up by former US Presidents Bill Clinton and George Bush for overseeing United States' rebuilding efforts.
The clarification comes a day after Vodafone signed a shareholders' agreement with the Essar group.
In an interview at the GSMA conference in Barcelona on Tuesday, Mittal broke his silence on the scam and the very public spat between Tata Teleservices and Reliance Communications: "My plea is that the industry shut their mouths; zip up and let the various investigative agencies do their job," he said.
800 gets so lost in celebrating its grand subject that it forgets something pretty elementary: Cricket is a team sport!, notes Sreehari Nair.
Four years ago, steel tycoon Laxmi Mittal purchased his first house on Kensington Palace Gardens for about pound 57 million. Last year, he purchased a pound 70 million house for his daughter Vanisha and a pound 117 million mansion for his son Aditya in the same street. At the time, the combined value of the three properties was valued at about pound 440 million. Today, the houses are worth about $ 200 million, an amount almost equivalent to the purchase prices.
Global steel giant ArcelorMittal on Wednesday reported a net income of $1.07 billion for the three month period ended December 31, 2009, on the back of improvement in demand and several cost cutting measures.
While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.
