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Topic: Aditya Mittal

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Mittal Steel Executive Finds Support for a Takeover Bid - New York Times Mittal's 30-year-old son, Aditya Mittal, is the chief financial officer of the group and his sister is a member of the board. Lakshmi Mittal, foreground, is Mittal Steel's chief; his son, Aditya Mittal, left, is its chief financial officer. Mittal's case, Arcelor board members and critics have noted that his steel empire is 88 percent owned by the family, not the transparent structure ideal for good corporate governance. www.nytimes.com /2006/02/21/business/worldbusiness/21steel.html?ex=1298178000&en=6a22ae5f7ed29f93&ei=5088&partner=rssnyt&emc=rss   (950 words)

Lakshmi Mittal - Wikipedia, the free encyclopedia His son Aditya is a director of Mittal Steel. Lakshmi Narayan Mittal (also known as Lakshmi Niwas Mittal) is a billionaire industrialist, born on 15 June 1950 in Sadulpur, in Churu district of Rajasthan, India, and residing in Kensington Palace Gardens, London, UK. Today he is chairman and CEO of the Mittal Steel Company NV, which is the world's largest producer of steel, with steel assets in Romania, Bosnia-Herzegovina, South Africa, Poland, Indonesia, Kazakhstan, the United States, Ukraine and other countries. en.wikipedia.org /wiki/Lakshmi_Mittal   (465 words)

Mittal Steel Company N.V. - Wikipedia, the free encyclopedia Mittal Steel is based in Rotterdam, in the Netherlands but managed from London by Mittal and his son Aditya. In October 2005 Mittal Steel acquired Ukrainian steel manufacturer Kryvorizhstal for $4.8 billion in an auction after a controversial earlier sale for a much lower price to a consortium including the son-in-law of ex-President Leonid Kuchma was cancelled by the incoming government of President Viktor Yushchenko. It was formed when Ispat International N.V. acquired LNM Holdings N.V. (both were already controlled by Lakshmi Mittal) and merged with International Steel Group Inc. (the remnants of Bethlehem Steel, Republic Steel and LTV Steel) in 2005. en.wikipedia.org /wiki/Mittal   (589 words)

Lakshmi Mittal fined for flouting norms Lakshmi Mittal and his son Aditya serve on the board of Iscor, in which LNM has 35% shareholding. There has been news of Lakshmi Mittal who is a member on the board of Iscor has dealt in shares of the company during its closed period before it published its result, when JSE rules prohibits trade in the shares of a company. Iscor as per the rules did not inform the JSE that Mittal had purchased 18 million Iscor shares during the closed period. www.namasthenri.com /snippets/0110a.htm   (136 words)

Lakshmi Mittal's $19-billion year! Mittal's Wharton-educated son, Aditya, is the group's president and chief financial officer. Mittal and his family own 97% of the company, which would give them a $260 million payout, one of the largest dividends ever paid to a family-run business. Mittal also has large operations in Romania, the Czech Republic, South Africa and the U.S., and is buying a 37.2% stake in Hunan Valin Steel Tube and Wire in China. www.rediff.com /money/2005/mar/11forbes1.htm   (787 words)

Lakshmi Mittal is world's 3rd-richest man Telecom entrepreneur Sunil Mittal improved his position to 164 with net worth of $3.3 billion. Mittal climbed 59 steps from last year to number three in 2005. Software giant Wipro chairman Azim Premji stood at number 38, 20 places up from last year, with net worth of $9.3 billion; chairman of commodities conglomerate Aditya Birla Group Kumar Birla slipped two places from last year to 149 with net worth of $3.7 billion. inhome.rediff.com /money/2005/mar/11mittal.htm   (741 words)

Meet the New Owners: The Billionaire Mittals Lakshmi will serve as chairman and CEO of the conglomerate; son Aditya, 28, will be president and chief financial officer; and newly wed Vanisha, 23, will join her father and brother on the board of directors of mostly Indian family cronies (plus Wilbur Ross). Lakshmi Niwas Mittal, mastermind of the Mittal family empire and new owner of Sparrows Point, has managed to move up from ownership of a single steel plant in Calcutta in 1976 to become the single largest owner of steel properties on the globe, valued at $30 billion. Lakshmi Mittal has expressed confidence that his $2-billion dividend was not only legitimate but richly deserved. www.makingsteel.com /meetowners.html   (1944 words)

The Hindu : Front Page : Lakshmi Mittal third wealthiest in world: Forbes The software giant Wipro's Chairman, Azim Premji, stood at number 38, twenty places up from last year ($9.3 billion); the Chairman of commodities conglomerate, Aditya Birla Group Kumar Manglam Birla, slipped two places from last year to 149 ($3.7 billion). Mittal climbed 59 steps from last year to number three in 2005. The Indian-born steel tycoon, Lakshmi Mittal, became the third richest person in the world, trailing only the Microsoft chief, Bill Gates, and the U.S. investment guru, Warren Buffett. www.hindu.com /2005/03/12/stories/2005031204971600.htm   (285 words)

BBC News BUSINESS Lakshmi Mittal, steel mill millionaire When his son Aditya was married in 1998, Mr Mittal laid on a celebration at Calcutta's Victoria Memorial, an unusual choice given that it houses mementos of Britain's rule over India. But where Mittal junior found the route to rewards of gargantuan proportions was in the international marketplace. While Mr Mittal in November persuaded Romania's government to back his purchase of state-owned Sidex, the involvement of Mr Blair's support has left a sour taste to the deal. news.bbc.co.uk /1/hi/business/1820324.stm   (760 words)

Redhotcurry - Money. Lakshmi Mittal's Ring of Steel Meanwhile, Aditya Mittal's elevation to the position of crown prince a couple of years ago is believed to have led to the departure of Sittard, one of the key figures in securing the Karaganda acquisition. The Mittals admit Ispat International does not have the financial capability to be a vehicle for growth at present, but that has not slowed growth in LNM as a whole. This was Mittal's entry to the steelmaking high table - in 2000, he was invited to speak as a guest at the American Iron and Steel Institute's annual congress - but it became a rare blot on his record of turnarounds. www.redhotcurry.com /archive/money/2004/lakshmi_mittal.htm   (3546 words)

Todays News Rajasthan-born Mittal, the biggest dollar gainer on this year's listing of the world's billionaires, adding 18.8 billion dollars to his net worth, had earlier appointed his son Aditya, 29, as Finance Director at Mittal Steel. According to The Sunday Times, Lakshmi Mittal's daughter 25-year-old Vanisha who is studying for a masters in South Asian Studies at London's School of Oriental and African Studies, has been made a member of the board. But Lakshmi Mittal and the rest of the family have 88 per cent of the shares, the newspaper noted. hindunet.org /News/?dtstr=20050925&HNETSEID=75084551e6a4def9788b5e9a53cc7f71   (234 words)

Lakshmi Mittal is world's 3rd-richest man Software giant Wipro chairman Azim Premji stood at number 38, 20 places up from last year, with net worth of $9.3 billion; chairman of commodities conglomerate Aditya Birla Group Kumar Birla slipped two places from last year to 149 with net worth of $3.7 billion. The third-richest person in the world, steel baron Lakshmi Mittal, is this year's biggest gainer in dollars, adding $18.8 billion to his net worth. Mittal climbed 59 steps from last year to number three in 2005. us.rediff.com /money/2005/mar/11mittal.htm   (738 words)

Bloomberg.com: U.S. Mittal will cut output by 1 million metric tons, or about 8 percent, in the third quarter, Aditya Mittal, 29, president and chief financial officer of the company, said in a phone interview today in London. Mittal, which operates plants in 14 countries and employs 160,000 people worldwide, is seeking acquisitions to widen its share of global steelmaking capacity amid rising demand from China and India. Mittal Steel was created through the combination of Lakshmi Mittal's publicly owned Ispat International NV and privately held LNM Holdings NV last year. www.bloomberg.com /apps/news?pid=10001006&sid=aquU9xVhb.L0&refer=regional_indices   (738 words)

SEC Info - Infosys Technologies Ltd - 6-K - For 3/31/5 Aditya Mittal Krishnaswamy S. Piyush Dhansukhlal Shah Prashant Negi Srinivas S. Swapnil R. Pendhari Swaroop Raghu Iyengar Tejas R. Moogimane Vardini V. Vishwanath Shenoy M. Unit Management Lakshmi Narasimha Rao Gunda Nitin S. Baravkar Sandeep S. Choudhari Sanjay Nambiar R. Vinayak Shankar Jadhav www.secinfo.com /d14D5a.z38wv.htm   (738 words)

The Telegraph - Calcutta : Frontpage The problem is that Mittal already has a yacht, which is sometimes used by his risen son, Aditya Mittal (who threw a party with his father in Cannes last month). The Hindujas have replaced their old yacht, Param Jamuna I, with Param Jamuna II, so it is possible Mittal does not want to sail in their wake. Reports say he has visited the Rising Sun, which is described as the biggest private yacht in the world and is owned by Oracle billionaire Larry Ellison. www.telegraphindia.com /1050612/asp/frontpage/story_4858074.asp   (537 words)

REAL FINANCE - for and about FDs So if you're the finance chief at that sort of business, keep an eye out for floral tributes...) Second, Prufrock notes "the appointment of [Lakshmi Mittal's] son Aditya, 29, as finance director at Mittal Steel, the world’s biggest steel company." The kid might be brilliant at the job, for all I know. The leader of its finance function, that is. The Conservative Party has announced that Ian McIsaac is to be its new finance director. A whistleblowing finance director for BAT's agents on the Caribbean island of Aruba alleged that he sent $144m (£81.5m) a year from BAT's proceeds in Colombia alone to the firm's control centre in Switzerland. realfinance.blogspot.com   (7233 words)

The vision of the young In the 200 leaders selected for the first year, the Indian group consists of Rahul Gandhi, Dayanidhi Maran, Kumar Mangalam Birla, Rajiv Bajaj, Malvinder Singh and Aditya Mittal. The global leaders (who must be below 40 on the date of their nomination) represent a broad spectrum of the social fabric, drawn as they are with 40% from business, 20% from politics, 20% from academia and the rest from media, civil society, art and culture. Those nominated as a global leader will be expected to act in concert with their colleagues to pursue and endeavor in creating wider awareness and seek implementation of themes around which consensus emerge. www.indianexpress.com /full_story.php?content_id=73304   (7233 words)

MITTAL STEEL SUPPORTS POLISH FOOTBALL - Sports business, sponsorship, research news- www.sportbusiness.com Aditya Mittal, president and CFO, Mittal Steel said: “We are one of the largest foreign investors in Poland and believe that the investment we have made will have significant economic benefit for the country. Mittal Steel’s exclusive sports sponsorship consultants, TWI and World In Motion, brokered the deal. Football is the number one sport in the country and if the bid is successful it would give Poland a unique opportunity to host a global sporting event of unprecedented magnitude.” www.sportbusiness.com /news/index?news_item_id=159630&rssfeed   (203 words)

Aditya Mittal Kaluza found that adding the fifth dimension, which was independent of the other dimensions, would unify gravity and electromagnetism. In 1926, Oskar Klein applied Kaluza's Theory to quantum theory, which is the basis of modern string theory. Finally, the Superstrings theory is attempting to combine all four of the forces by using extra-dimensions which is what this whole research project is about. www.pilani.com /Members/Aditya/DimensionsInSuperstrings.htm   (1876 words)

Aditya Mittal Kaluza found that adding the fifth dimension, which was independent of the other dimensions, would unify gravity and electromagnetism. In 1926, Oskar Klein applied Kaluza's Theory to quantum theory, which is the basis of modern string theory. Atlas made in one of the media center documents, the ant had a two dimensional perspective of things in the sense that it could only move in 2D across the mountain and not fly across, as it may have been able to if it was looking and capable of moving in 3D. www.pilani.com /Members/Aditya/DimensionsInSuperstrings.htm   (1876 words)

Mittal inks pact for Jharkhand steel plant - Business News - Webindia123.com We are also committed for the social and economic development of the state," said Mittal who arrived here from London Saturday along with his son Aditya, wife and daughter-in-law, apart from company representatives. The London-based global steel baron Laxmi Narayan Mittal signed a pact with the Jharkhand government Saturday to set up a 12 million tonnes capacity steel plant. He later rejected the firm's condition that it be allowed to export iron ore. The MoU was finalised after Mittal agreed to withdraw the condition. news.webindia123.com /news/showdetails.asp?id=132603&cat=Business   (417 words)

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