Bank of England Governor Mervyn King has topped the list of 100 most powerful business people in the public sector and non-governmental organisations compiled by The Daily Telegraph. Vadera, parliamentary under-secretary of State for Business and Competitiveness, Department for Business Enterprise and Regulatory Reform, is ranked 20th.
The UK-based Caparo group has four running plants in India with a total turnover of Rs 250 crore (Rs 2.5 billion) at present. The group is targeting a turnover of Rs 1,000 crore (Rs 10 billion) by 2008.