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Dante said that the hottest place in Hell is reserved for those who in time of crisis remain neutral, so I have spoken my piece, and thank you, dear reader. It's a beautiful world, rain or shine, and there is more to life than winning.

Garrison Keillor
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Essar Preparing for its London listing
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essar-logo.jpgRuias led Essar Group, an Indian conglomerate has started preparations for its oil and power business to be listed in London. According to the reports, the listing is for $ 8 billion (5.3 billion).
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ArcelorMittal loses anti-pollutionsuit
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arcelormittallogo_small.jpgArcelorMittal- the world’s largest manufacturers of steel recently lost a suit in which it challenged the air pollution rules in the European Union. EU’s Luxembourg General Court rejected a challenge suit to region’s climate change policy.
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LN Mittal to get 12 per cent less salary
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mittal.jpgLaxmi Niwas Mittal, Chairman an CEO of world’s largest steel producer ArcelorMittal has taken a pay cut of 12 per cent for the year 2009. He takes home around $ 3.6 million against $ 4.1 million in 2008.
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Bharti-Zain deal is sure to succeed
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rajan bharti mittal.jpgBharti Airtel, Country’s largest telecom company is almost sure to succeed in acquiring the African assets of Kuwait’s Zain.
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Vedanta raises $ 805 mln in a day via convertible bond issue
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anil agarwal.jpgVedanta Resources a London listed company controlled by business tycoon Anil Agarwal, raised $ 805 million (about Rs. 3715 crore) through a convertible bond issue.
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ArcelorMittal’s Annual Report published
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mittal.jpgLakshmi Mittal led ArcelorMittal, the world’s largest steel producer has put the company’s Annual Report for the year 2009 on its website and on the electronic database of the Luxemburg stock Exchange recently.

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Rajan Bharti Mittal aims to attract $ 75 bn FDI by 2015
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rajan bharti mittal.jpgRajan Bharti Mittal the newly elected chief of FICCI aims at attracting FDI worth $75 billion by the year 2015. He has kept lower transaction costs in business at the top of his agenda and is sure to achieve ---

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