Mittal Steel on Friday announced that it had bought a 37.17 stake in Hunan Valin Steel Tube Wire, a subsidiary of Hunan Valin Iron & Steel of China for $314 million.
Lakshmi N Mittal, Chairman and CEO, of the LNM Group, has bought a central London house for a stunning price of £70 million ($128.25 million or about Rs 560 crore).
Indian steel tycoon Lakshmi N Mittal on Monday rubbished media reports here suggesting that he had bid for an iconic mountain range in Britain.
Global steel giant ArcelorMittal on Friday said its executive vice president, member of the management committee and head of strategy, Bill Scotting will be the new chief executive of ArcelorMittal Mining.
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
A historic bronze statue of Mahatma Gandhi was unveiled in London at the Parliament Square, standing adjacent to iconic leaders like Britain's war-time Prime Minister Winston Churchill and anti-apartheid icon Nelson Mandela.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
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