LN Mittal

  • Mukesh Ambani remains richest Indian with assets of $18.9 billion October 25, 2013

    Energy tycoon and Reliance Industries Chairman Mukesh Ambani is India's richest man with personal assets of $18.9 billion, a report says.According to the Chinabased Hurun India Rich List, Ambani retained the top position for the second year even after a wealth decrease of 2 per cent. Ambani is followed by Londonbased...
  • Vizag HPCL fire: Employees go on strike demanding safety measures August 26, 2013

    Visakhapatnam: Two days after a fire broke out at the Vizag Hindustan Petroleum Corp refinery, employees have gone on a strike demanding better safety measures and compensation. One person was killed and 30 others were injured after a fire had engulfed an under-construction building in the Vizag plant. HPCL has...
  • Hindujas emerge as the richest Asians in Britain March 23, 2013

    London: Leading NRI businessmen Srichand Hinduja and Gopi Hinduja, Chairman and CoChairman of the Hinduja Group, have emerged as the richest Asians in Britain in 2013. After playing second fiddle for years to steel tycoon Lakshmi Mittal, the Londonbased Hinduja brothers have come out top this year with net wealth...
  • Mukesh Ambani tops Hurun India rich list October 11, 2012

    New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, Chinabased research firm Hurun said in a report Wednesday. Ambani is followed by ArcelorMittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal...
  • Stop maligning India, steel minister tells LN Mittal July 1, 2012

    New Delhi: Steel minister Beni Prasad Verma on Sunday said NRI billionaire LN Mittal should stop "maligning" India and its government, asking why the steel baron was not setting up his plants in the country. "He should stop maligning India and the Indian government. Why is he not beginning work on...
  • India condemning millions to stay poor: LN Mittal June 21, 2012

    New Delhi: Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UKbased NRI billionaire Lakshmi N Mittal has said the country is potentially condemning millions to remain in poverty by not helping industrialisation. "Industrialisation is an important part of every major economy's...
  • Mukesh Ambani ousts Mittal as richest Indian: Forbes November 13, 2008

    New Delhi: Plunging stock and property values because of the global financial crisis has pushed steel tycoon Lakshmi Nivas Mittal to second place behind Mukesh Ambani of petroleum to textiles major Reliance Industries in the list of 40 richest Indians, Forbes Asia said on Thursday. Londonbased, but Indiaborn Mittal, 58, head...
  • Ambani bros, Mittal among world's top 10 billionaires March 6, 2008

    New York: India's Anil Ambani has emerged as the biggest wealth creator, while famed American investor Warren Buffett has overtaken software king Bill Gates and Mexican tycoon Carlos Slim to lead the list of world's richest people released by Forbes on Thursday. As many as four Indians steel tycoon...
  • Steel tycoon falls for soccer, buys English club December 22, 2007

    London: Lakshmi N Mittal, the richest man in Britain, has bought a 20 per cent stakeholding in a lowly ranked London football club to make it in theory the world's richest club. Fans of Queen's Park Rangers, based in the West London neighbourhood of Shepherd's Bush, were celebrating after...
  • Mukesh Ambani pips Mittal, is world's richest Indian now September 26, 2007

    New Delhi: The Indian stock markets are rewriting stories of wealth and affluence over and over again as the bulls race towards a new high day after day. On Tuesday, Reliance Industries Chairman Mukesh Ambani had become first Indian with a net worth of Rs 2 trillion as the booming...
  • Arcelor Mittal may produce 12% of world steel in 35 yrs July 14, 2007

    New Delhi: LN Mittal, Chairman and CEO of worlds largest steel company ArcelorMittal is now eyeing as much as 12 per cent share of the global steel businesses, he revealed his plans to acquiring more businesses over the next 35 years. Right now in terms of...
  • Mittal's mines are death traps: report June 11, 2007

    New Delhi: World's richest Indian, Lakshmi Mittal is in the middle of another controversy. A Sunday Times special investigation report claims that Mittal's mines in Kazakhstan are death traps that allegedly has "slave labour" conditions. The report carries extensive quotes from unhappy miners claiming that the ArcelorMittal company uses equipment...
  • The complete Time's list June 20, 2007

    This year's list of Time 100 most influential people is an eclectic mix of entertainers, journalists, scientists, politicians and world leaders. The list also includes Queen Elizabeth II, presidential hopefuls senators Hillary Clinton and Barack Obama, YouTube founders Steve Chen and Chad Hurley and model Kate Moss. However, US President...
  • Sonia in Time's influential list June 20, 2007

    New Delhi: Congress leader Sonia Gandhi and steel tycoonLakshmi Mittal made it to Time magazine's list of the world's 100 most influential people of 2007, which also include Osama bin Laden and Pope Benedict XVI among others. This year's list of Time 100 most influential people is an eclectic mix of...
  • 'Richest' Forbes list an allmen club June 20, 2007

    New Delhi: India is getting richer, or at least a few people are. The Forbes magazines billionaire list for 2007 has as many as 36 Indians. That's the second highest after the United States, with steel king Laxmi Mittal leading the Indian pack at No. 5. The Reliance...
  • Now weddings are made in banks June 20, 2007

    New Delhi: The biggest and most grand of all Indian weddings continues to be that of Steel baron LN Mittal's daughter Vanisha's, which Forbes magazine tagged as the most opulent wedding of the century. It is estimated that the wedding, held in 2004, cost $60 million (over Rs 250 crore)....
  • Mittal named 'Businessman of 2006' June 20, 2007

    New Delhi: It's Lakshmi Mittal again. London's The Sunday Times has named the NRI steel tycoon the Business Person of 2006 on the basis of voting done by the readers of the newspaper. Mittal, who brought about the merger of Mittal Steel with Arcelor to form the world's largest steelproducing...
  • Mittal appointed CEO of Arcelor Mittal November 6, 2006

    Brussels: Steel giant Arcelor Mittal appointed Lakshmi Mittal as chief executive on Monday, tightening the steel magnate's grip just months after his megamerger to form the combined group. The group also reported thirdquarter figures showing core profit slightly ahead of expectations and confirming its guidance for the full year. Mittal Steel,...