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British-Asian billionaires double in past year

Last Updated: Friday, March 22, 2013, 21:20

Britain`s Asian entrepreneurs have defied the recession with some becoming billionaires from millionaires, according to a latest report on some of the country`s richest businessmen.

Mittal prepares for court clash in UK with India-born tycoon

Last Updated: Sunday, March 03, 2013, 20:44

The stage is set for a clash of India-born tycoons in Britain as steel magnate Lakshmi N Mittal appears in the high court here this week over an oil deal with a rice baron.

India "condemning" millions to stay poor, says angry L N Mittal

Last Updated: Wednesday, June 20, 2012, 21:07

Joining the likes of N R Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire L N Mittal has said the country is potentially condemning millions to remain in poverty by not helping industrialisation.

India on priority list but low on investment front: Mittal

Last Updated: Sunday, April 29, 2012, 18:15

With his steel projects making little progress in India, steel tycoon Lakshmi N Mittal Sunday said the nation remains on priority list for his company, ArcelorMittal, but may have slipped low down on its investment list with focus shifting to projects in Canada and Brazil.

Indian eco growth to continue despite policy paralysis: Mittal

Last Updated: Sunday, April 29, 2012, 16:34

Stressing that India's growth story was not over, billionaire Lakshmi N Mittal Sunday said the Asia's third largest economy will continue to grow despite policy paralysis.

Mittal, HPCL may sell stake in Bhatinda refinery

Last Updated: Sunday, April 29, 2012, 00:48

Steel tycoon Lakshmi N Mittal and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in the just commissioned Bhatinda Refinery through an initial public offering (IPO) soon.

Decision making is slow in India: L N Mittal

Last Updated: Saturday, April 28, 2012, 16:00

Billionaire Lakshmi N Mittal on Saturday said decision-making in India is slow but he would not complain about policy paralysis.

Bhatinda refinery capacity to be doubled in future: L N Mittal

Last Updated: Saturday, April 28, 2012, 11:35

HPCL Mittal Energy Ltd. may double capacity of its north India refinery, billionaire steel tycoon Lakshmi Niwas Mittal said Saturday.

Ambition of having steel plant in India remains a dream: Mittal

Last Updated: Wednesday, July 27, 2011, 18:59

He may be the world's largest steel producer but Lakshmi Mittal's dream to have a plant in his homeland (India) continues to be a distant dream, thanks to regulatory hurdles.

AreclorMittal Q2 net income dips 10% to $1.5 bn

Last Updated: Wednesday, July 27, 2011, 17:58

ArcelorMittal on Wednesday reported a 10 percent dip in net income for the second quarter ended June 30, 2011, to USD 1.535 billion.