Mukesh Ambani 18th Richest Man In World: Bloomberg

According to the India Journal, Indian business magnate Mukesh Ambani is the 18th richest person in the world  on the Bloomberg Billionaires Index, with a personal wealth of $24.7 billion in 2012. Ambani runs Reliance Industries Ltd, a India petrochemicals conglomerate with interests in retailing and some assets in the...

ArcelorMittal to establish research and development center in India

Luxembourg based ArcelorMittal, the world's largest steel making company, is planning to set up a research and development center in India according to its CEO,Laxmi Mittal. ArcelorMittal has twelve R&D centers across the world with a budget of $250 million. India will be the thirteenth location and the company has...

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