NEW DELHI: Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world, thanks to the unprecedented boom in the domestic stock market.
Ambani's net worth has soared past 50 billion dollars, making him the first Indian and...
Steel tycoon L N Mittal has made it to yet another billionaire club of Forbes business magazine for hosting the most extravagant wedding affair of the century.
Mittal outscored billionaires like Donald Trump of US, luxury titan Bernard Arnault of France and Andrei Melnichenko of Russia...
Mittal Steel's takeover of Arcelor has won support from the Luxembourg government, which owns 5.6% of Arcelor.
The Grand Duchy of Luxembourg, where Arcelor has its HQ, has dropped its previous opposition to the deal, and wants to own shares in the new group.
Meanwhile, a group of...
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