2G case: Mittal, Ruia seek recall of SC orders

Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia accused in the 2G case told the Apex Court that its orders barring the High Court from hearing cases and directing trial has turned into an "instrument of torture”.

Mukesh Ambani, Mittal most powerful billionaires

Mukesh Ambani and Lakshmi Mittal have been featured by Forbes among world`s most powerful billionaires.

`Mittal`s concerns over delays in mining approvals valid`

Road Transport and Highways Minister Kamal Nath on Friday said NRI billionaire L N Mittal has a valid point when he says inordinate delays in mining approvals are choking mega investments in the country.

India not prepared to handle mega projects: Mittal

World`s largest steel maker ArcelorMittal believes that India is not equipped to handle big-ticket investments, although the country needs over half a trillion dollars to shore up its infrastructure.

ONGC exits Trinidad and Tobago gas block

Oil and Natural Gas Corp (ONGC) has been forced to exit from a gas block in Trinidad and Tobago after its partner Lakshmi N Mittal walked out of the project.

Mittal, ONGC decide to wind up trading arm OMSEL

Steel tycoon Lakshmi N. Mittal and
the Oil and Natural Gas Corporation have decided to wind up a firm they had set up four years ago for trading in oil and gas
as the joint venture has failed to take off.

Will be interested in Zain Telecom, if opportunity comes: Bharti

Bharti Airtel on Friday said it is not averse to picking up a stake in Kuwait-based telecom company Zain Telecom if opportunity comes.

POSCO, Mittal reassure to set up steel plants in Orissa

Ahead of proposed meet on Oct 23, Orissa govt has claimed that both ArcelorMittal and Posco had re-assured they would go ahead with their projects in the state.

Bharti Retail to be worth USD 1 bn com by 2015: Mittal

Bharti Retail today exuded
confidence that it is "on course" to become a billion dollar
company by 2015, and will open 40 more stores in the next
three months notwithstanding the economic slowdown.

Mittal, Phuthuma apprise FM of Bharti-MTN deal structure

Indicating a smooth negotiation process between them, Bharti Airtel and MTN are understood to have apprised Finance Ministry of their proposed deal structure.