British-Asian billionaires double in past year

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

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.