Steel giant Lakshmi N. Mittal has exited joint venture with ONGC Videsh Ltd, formed for exploring oil block in Kazakhstan.
 Mittal Investment Sarl has decided to discontinue involvement through the joint venture vehicle ONGC Mittal Energy Ltd (OMEL) in the Satpayev exploration block, Oil and ...

Indian-origin steel tycoon Lakshmi Mittal is all set to acquire the Germany-based fashion house, Escada, which is currently bankrupt. A sale and transfer deal has been signed by a Mittal family member with the Insolvency administrator of the fashion house, Christian Gerloff.
 
The financial ...

Indian-born Lakshmi Mittal has been named as the richest business tycoon of South Africa by the weekly Sunday Times for the five consecutive time. Mittal has retained his status despite the fact that his fortune has dipped by 50% due to economic recession.
 
Mittal made his way into the list ...

ArcelorMittal, the largest steel manufacturer of the world, has plans for exiting the $20-billion proposed steel plants in Jharkhand and Orissa because of delay in acquiring land. Lakshmi Mittal, the chief of ArcelorMittal, has also mentioned that it is looking into other options as ...

After Shahrukh Khan initiated the trend of 6-pack abs with Om Shanti Om followed by Aamir Khan, the next person to adopt the trend is the London-based Indian industrialist Lakshmi Niwas Mittal. After watching Ghajni, Mr. Mittal was so impressed that he also wants to have body like Aamir Khan. These ...

Football might have less popularity in India as compared to cricket, but the game has earned India-born steel baron Lakshmi Mittal a place in the world's richest soccer club owner list. In a list released by American business publication Forbes, Mittal has been named as the No.1 in the ranking of ...

Reliance Industries Chairman Mukesh Ambani and NRI steel baron Lakshmi Narayan Mittal lead a group of 24 Indians in the latest Forbes' list of world's richest people. Mukesh with a total wealth of $ 19.5 billion is the richest Indian of the Forbes' list, while holding the 7th position in the world. ...

Leading business tycoons of India, Lakshmi Mittal and Mukesh Ambani have been placed among the Forbes list of World’s Most Powerful Billionaires. Steel czar Mittal has grabbed the third spot in the global list of powerful billionaires who is believed to control 10 percent of world's steel ...

Lakshmi Mittal-led ArcelorMittal has been levied with a fine of about 302 million euros ($415 million) by the French competition council. The council called Conseil de la Concurrence has imposed the multi-dollar fine on steel giant after a four-and-a-half-year probe into anti-competitive practices ...

The World Steel Association (worldsteel) has elected Lakshmi Niwas Mittal as its chairman on October 6, 2008. This decision was taken by the board of directors of Worldsteel at a meeting held in Washington. Mittal will serve as the Chairman of Worldsteel for a period of one year.  Besides ...

After buying some of the most expensive homes in the United Kingdom, one hears the NRI steel magnate Lakshmi Niwas Mittal is now contemplating investing in some really upscale country hotels. The consultant of Mittal family is reportedly in talks with the Von Essen Hotels for purchasing a stake in ...

NRI Lakshmi Niwas Mittal, who is the richest man in UK, has just bought his third property for 70 million pounds on London's most expensive street, Kensington Palace Gardens. The Mittals own 44 per cent of steel giant ArcelorMittal and already have two substantial sized homes on the street ...

The assistance of Indian billionaires such as steel tycoon Lakshmi Mittal and Tata chief Ratan Tata has been sought by UK’s Prince Charles to care for the environment, the historic monuments and provide support to the unemployed youth in India. The richest of the rich Indians have been ...

The property on Palace Greens, one of the most expensive houses in the world is going to be purchased by steel tycoon Lakshmi Mittal for his son Aditya. The London mansion is going to be purchased by the ArcelorMittal chairman for his only son in a record 117 million pounds ($230 million). The ...

ArcelorMittal which accounts for about ten percent of the world’s steel output has a new Chairman now. Lakshmi Mittal, the former Chief Executive Officer (CEO) of ArcelorMittal has been instated as the Chairman of the company. The new position will give Mittal more powers over the company. ...

London-based NRI, Lakshmi Niwas Mittal has been listed as Britain\'s richest resident for the fourth consecutive year by a leading media house. As per The Sunday Times Rich List 2008 published on Sunday 27 April, the 57-year-old Lakshmi Niwas Mittal and his family\'s total wealth is worth an ...