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Lakshmi Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The presentation discusses Mittal's background growing up in India and taking over his family's small steel business, his expansion of the business through acquisitions across Europe and worldwide, and the 2006 merger between Mittal Steel and Arcelor to form ArcelorMittal, making Mittal the largest steel producer in the world. The presentation provides details on ArcelorMittal's global operations, production levels, workforce size, and Mittal's achievements and recognition as a leading businessman.
small scale industries opportunities and challlengesShaalvii Sharma
[1] The document discusses small scale industries (SSIs) in India, which are defined as industrial undertakings with capital investment of less than Rs. 1 crore.
[2] SSIs are the second largest employers in India after agriculture, employing around 2 crore people. They account for 6% of GDP, 95% of industrial units, and 34% of exports.
[3] While SSIs play an important role in the Indian economy, they also face challenges such as problems securing financing, marketing, raw materials, and developing managerial and technical skills.
ITC Limited is one of India's most valuable corporations, founded in 1910 in Kolkata. It operates in four key industries: FMCG, hotels and IT, agriculture, and paper. Some notable events include it becoming a public limited company in 1954 and changing its name in 1970. ITC is ranked highly among Indian companies for its market capitalization and CSR practices. It has a diverse portfolio of brands across its business segments that it targets and positions using various segmentation and targeting strategies such as demographic, geographic, psychographic, and product segmentation to appeal to different customer groups.
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Sadalpur, India and after getting an education in business and accounting, he began working in his father's small steel business. Mittal built his empire through acquiring struggling state-owned steel mills around the world and turning them profitable. By 2006, his company Mittal Steel had become the largest steel producer after acquiring Arcelor. Mittal is now worth over $13 billion and has received honors including India's Padma Vibhushan award.
Lakshmi Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The document provides details about Mittal's early life and career path, including growing up in India, graduating from college, joining his family's steel business, and acquiring and turning around struggling steel plants around the world to build his empire. It discusses how Mittal led ArcelorMittal's expansion through global acquisitions to become the largest steel company in the world and lists some of his awards, philanthropic efforts, and an estimated net worth of over $30 billion, making him one of the richest people in the world.
Asian Paints is a major Indian paint company headquartered in Mumbai. It manufactures and sells paints and coatings and has a majority share of the Indian paint market. The company was founded in 1942 and became a public limited company listed on the Indian stock exchanges in 1973. It has extensive operations across India and internationally through subsidiaries and joint ventures.
The document provides a case study on Titan Industries, an Indian watch and jewelry company. It discusses Titan's history and diversification into new business segments over time, including watches, jewelry, eyewear, and other products. The case study analyzes Titan's strengths, weaknesses, opportunities, and threats. It also identifies some management issues for Titan, such as strategic planning, managing risk across industries, and the impact of diversification on financial performance. The objectives of the case study are to understand issues related to diversification and developing strategies to manage change within the company.
Laxmi Niwas Mittal is an Indian businessman who founded and chairs ArcelorMittal, the world's largest steelmaking company. He graduated from university in India and began his career in his family's steel business. Over 30 years, he expanded operations to over 14 countries, making strategic acquisitions. Mittal was recognized with several prestigious business awards for his entrepreneurship and leadership. He is now considered one of the most influential people in the world and the wealthiest person in Britain.
Lakshmi Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The presentation discusses Mittal's background growing up in India and taking over his family's small steel business, his expansion of the business through acquisitions across Europe and worldwide, and the 2006 merger between Mittal Steel and Arcelor to form ArcelorMittal, making Mittal the largest steel producer in the world. The presentation provides details on ArcelorMittal's global operations, production levels, workforce size, and Mittal's achievements and recognition as a leading businessman.
small scale industries opportunities and challlengesShaalvii Sharma
[1] The document discusses small scale industries (SSIs) in India, which are defined as industrial undertakings with capital investment of less than Rs. 1 crore.
[2] SSIs are the second largest employers in India after agriculture, employing around 2 crore people. They account for 6% of GDP, 95% of industrial units, and 34% of exports.
[3] While SSIs play an important role in the Indian economy, they also face challenges such as problems securing financing, marketing, raw materials, and developing managerial and technical skills.
ITC Limited is one of India's most valuable corporations, founded in 1910 in Kolkata. It operates in four key industries: FMCG, hotels and IT, agriculture, and paper. Some notable events include it becoming a public limited company in 1954 and changing its name in 1970. ITC is ranked highly among Indian companies for its market capitalization and CSR practices. It has a diverse portfolio of brands across its business segments that it targets and positions using various segmentation and targeting strategies such as demographic, geographic, psychographic, and product segmentation to appeal to different customer groups.
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Sadalpur, India and after getting an education in business and accounting, he began working in his father's small steel business. Mittal built his empire through acquiring struggling state-owned steel mills around the world and turning them profitable. By 2006, his company Mittal Steel had become the largest steel producer after acquiring Arcelor. Mittal is now worth over $13 billion and has received honors including India's Padma Vibhushan award.
Lakshmi Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The document provides details about Mittal's early life and career path, including growing up in India, graduating from college, joining his family's steel business, and acquiring and turning around struggling steel plants around the world to build his empire. It discusses how Mittal led ArcelorMittal's expansion through global acquisitions to become the largest steel company in the world and lists some of his awards, philanthropic efforts, and an estimated net worth of over $30 billion, making him one of the richest people in the world.
Asian Paints is a major Indian paint company headquartered in Mumbai. It manufactures and sells paints and coatings and has a majority share of the Indian paint market. The company was founded in 1942 and became a public limited company listed on the Indian stock exchanges in 1973. It has extensive operations across India and internationally through subsidiaries and joint ventures.
The document provides a case study on Titan Industries, an Indian watch and jewelry company. It discusses Titan's history and diversification into new business segments over time, including watches, jewelry, eyewear, and other products. The case study analyzes Titan's strengths, weaknesses, opportunities, and threats. It also identifies some management issues for Titan, such as strategic planning, managing risk across industries, and the impact of diversification on financial performance. The objectives of the case study are to understand issues related to diversification and developing strategies to manage change within the company.
Laxmi Niwas Mittal is an Indian businessman who founded and chairs ArcelorMittal, the world's largest steelmaking company. He graduated from university in India and began his career in his family's steel business. Over 30 years, he expanded operations to over 14 countries, making strategic acquisitions. Mittal was recognized with several prestigious business awards for his entrepreneurship and leadership. He is now considered one of the most influential people in the world and the wealthiest person in Britain.
ORGANISATIONAL STUDY REPORT OF STEEL AUTHORITY OF INDIA lpptxHarikrishnan M
Organisational study report of steel authority of India presented in School of management and business studies, Mahatma Gandhi University, Kottayam, kerala
Vijay Mallya is an Indian businessman known as the "King of Good Times." He took over as chairman of United Breweries in 1983 and grew it into a leading beverage company in India with market-leading positions in beer and spirits. Mallya also expanded his business interests significantly, acquiring brands in various industries such as aviation, fertilizers, media, and more. However, he faced financial troubles in his aviation business and is currently involved in legal proceedings related to unpaid bank loans.
Kiran Mazumdar Shaw is an Indian entrepreneur and biotechnologist. She is the founder and executive chairperson of Biocon, India's largest biotechnology company. Some key points:
- She was born in 1953 in Bangalore and received a B.Sc in Zoology from Bangalore University and a master's in brewing from Ballarat University in Australia.
- In 1978, she started Biocon in her garage in Bangalore with Rs. 10,000 in capital. Biocon became the first Indian company to export enzymes to the US and Europe.
- Under her leadership, Biocon has grown into one of the top biotechnology companies in the world. It conducts research in
This document provides biographical information on several prominent Indian business leaders:
- Lakshmi Mittal, the richest Indian and chairman of ArcelorMittal, a global steel maker. He started his career in Indonesia and acquired steel plants around the world.
- Nandan Nilekani, co-founder and CEO of Infosys, one of India's largest IT companies.
- Azim Premji, chairman of Wipro which he transformed from an oil company into a major global IT firm.
- Sunil Mittal, founder of Bharti Enterprises and chairman of Bharti Airtel, India's largest mobile network. He pioneered the mobile industry in India.
Lakshmi Nivas Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The biography details Mittal's background growing up in India and moving to Indonesia in 1976 to acquire a steel plant. It outlines his career history of acquiring struggling steel mills and turning them around, expanding globally. Mittal created Mittal Steel in 2002 and led its merger with Arcelor in 2006 to form ArcelorMittal. The document discusses Mittal's leadership style, corporate social responsibility efforts, and vision to continue consolidating the steel industry globally.
The document provides an analysis of the iron and steel industry in India, with a focus on Tata Steel and Steel Authority of India (SAIL). It discusses the industry background and structure, production and consumption scenarios, export-import trends, and SWOT analyses of Tata Steel and SAIL. Key ratios like EBITDA, debt-equity, return on capital employed, inventory turnover, fixed asset turnover, and adjusted profit after tax margin are presented for Tata Steel and SAIL for 2009 and 2013. The ratios show mostly declining trends from 2009 to 2013. PESTEL and technological factors are also analyzed for the industry.
Mergers and Acquisition, Arcelor_mittalVikram Dahiya
The document discusses mergers and acquisitions in the steel industry, focusing on two major deals. It provides background on ArcelorMittal, formed by the merger of Arcelor and Mittal Steel in 2006, and Tata Steel's acquisition of Corus Steel in 2007. The deals created the world's largest and first 100 million tonne steel producer (ArcelorMittal), and helped Tata Steel become a top 10 global producer. Financial analysis shows both companies experienced sales growth following the deals.
This document summarizes a summer internship project conducted by V.John Viyagul Priyan at The India Cements Ltd. The internship focused on conducting market research to analyze The India Cements brand position compared to competitors and assess customer satisfaction. The intern learned about customer satisfaction, value for money, after-sales service, self-confidence, understanding customers, and patience. India has a large and growing cement industry due to infrastructure development projects. The India Cements Ltd. wanted to understand its market standing and factors influencing customer cement purchases. It also wanted to evaluate customer satisfaction with quality, price, and service to identify areas for improvement.
this presentation contains most of the details about Dr. VIJAY MALLYA . about his personal life , businesses ,companies and other details like political career ,religious beliefs ,bedding etc .
The document summarizes the key issues in India's coal allocation scam from 2004-2009. It describes how coal deposits were historically allocated by the government to public and private firms, and the process the Coal Ministry used to screen applications and allocate blocks. The CAG draft report from 2012 alleged major irregularities and losses worth Rs. 1.06 trillion due to blocks being allocated without a transparent bidding process. This sparked significant political controversy, with investigations launched into various firms' allocations.
The document discusses several successful Indian entrepreneurs including Dr. Verghese Kurien who established the AMUL dairy cooperative, Jain Irrigation which brought new technology to agriculture, and the Tata Group led by visionaries like Jamsetji Tata, JRD Tata, and Ratan Tata who built an expansive business conglomerate and contributed greatly to India's development. It also mentions the women's cooperative Lijjat Papad and emphasizes that entrepreneurs have played a catalytic role in India's progress and that one should place no limitations on what they can achieve.
1. Tata Group is a successful conglomerate with 114 companies. Tata Steel is one of its companies and a leading steel producer in India.
2. Tata Steel's vision is to become a global benchmark in value creation and corporate citizenship. It was founded in Jamshedpur, India in 1907 and has since expanded operations globally through acquisitions.
3. As of 2015, Tata Steel employs over 86,000 people worldwide and produces a wide range of steel products. It aims to balance business success with social responsibility through various CSR initiatives.
Dhirubhai Ambani founded Reliance Commercial Corporation in 1958 which later became Reliance Industries. He established the first textile mill in 1966 under the brand name "VIMAL". Reliance went public in 1977 and saw huge investor interest. It diversified into chemicals, petrochemicals, plastics, power and telecom. After Dhirubhai's death in 2002, the business empire was split between his sons Mukesh and Anil. Reliance Industries Limited, headed by Mukesh Ambani, is now one of India's largest companies involved in oil & gas, petrochemicals, textiles and retail.
The Godrej Group established in 1987 has undergone significant changes to adapt to increasing competition, leadership changes, and globalization. This included corporate restructuring by pruning divisions and embracing global expansion. People-oriented changes opened communication channels and introduced training programs. Technology changes connected employees and suppliers/distributors. The group's "3 by 3" strategy focused on key markets and categories. Implementation of total quality management used Kotter's model with short term wins reducing changeover time and inventory. Adi Godrej as chairman shifted to a decentralized structure with non-family CEOs and bottom of pyramid products focusing on social responsibility and talent development.
This document provides an overview of the Indian foundry industry. Some key points:
- India is one of the top 10 producers of ferrous and non-ferrous castings globally. It has over 6,500 foundries.
- The foundry industry produces around 7 million metric tonnes of castings annually and employs 500,000 people directly and 1.5 million indirectly.
- It is an important supplier to many sectors like automotive, railways, power, machinery, etc. Around 32% of output goes to the automotive industry.
- Grey iron castings account for 70% of total production. The industry is clustered in regions across India specializing in different products.
Steel Authority of India Limited (SAIL) is a state-owned steel making company headquartered in Delhi, India. It was founded in 1954 and traces its origins to Hindustan Steel Ltd. SAIL operates steel plants located in several Indian states. Its mission is to be a respected world class corporation through concern for people, consistent profitability, and commitment to excellence. SAIL's vision is to be the leader in Indian steel in quality, productivity, and customer satisfaction. The company produces various steel products including plates, rods, rails and pipes. It has plans to significantly increase production capacity of hot metal, crude steel, and saleable steel by 2022.
SAIL is India's largest steel producing company, with 5 integrated steel plants and other facilities across India. It was established in 1954 as Hindustan Steel to support India's rapid industrialization and infrastructure development. SAIL has grown to have a turnover of over 50,000 crore rupees and is one of India's largest public sector enterprises. The intern organized and labeled over 500 files during their internship at SAIL to help maintain proper records.
UdayKotak (born 15 March 1959) is an Indian banker; the executive vice chairman and managing director of Kotak Mahindra Bank.
In early 1980s, while India was still a closed economy and economic growth was muted, UdayKotak decided to start out on his own, refusing a lucrative job option from a multinational.[2] Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.[3] India Today magazine ranked him #8th in India's 50 Most powerful people of 2017 list.[4]
Forbes estimated his wealth to be $4.1 billion in 2012.[5] In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million.[6] In June 2014, he was named Ernst & Young World Entrepreneur of the Year 2014.[7]
This document provides an overview of business leader Anil Ambani and the Reliance Anil Dhirubhai Ambani Group. It discusses Ambani's background and history with Reliance Industries, profiles Ambani, and outlines the various industries and sectors represented by the Ambani Group such as power, communications, infrastructure, entertainment, and others. It also highlights Ambani's contributions to sectors like corporate sponsorship and philanthropy as well as some of his major achievements and awards.
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Sadalpur, India and after getting an education in business and accounting, he began working in his father's small steel business. Mittal built his empire through acquiring struggling state-owned steel mills around the world and turning them profitable. By 2006, his company Mittal Steel had become the largest steel producer after acquiring Arcelor. Mittal is now worth over $13 billion and has received honors including India's Padma Vibhushan award.
This document provides a biography of Lakshmi Nivas Mittal, an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. It details that Mittal was born in 1950 in Rajasthan, India and began his career in his father's small steel mill in Kolkata in the 1970s. Mittal moved to Indonesia in 1976 where he acquired a steel plant, and his success has been built on acquiring and turning around loss-making steel mills. Currently, Mittal leads ArcelorMittal and has received several business awards for his leadership in the steel industry.
ORGANISATIONAL STUDY REPORT OF STEEL AUTHORITY OF INDIA lpptxHarikrishnan M
Organisational study report of steel authority of India presented in School of management and business studies, Mahatma Gandhi University, Kottayam, kerala
Vijay Mallya is an Indian businessman known as the "King of Good Times." He took over as chairman of United Breweries in 1983 and grew it into a leading beverage company in India with market-leading positions in beer and spirits. Mallya also expanded his business interests significantly, acquiring brands in various industries such as aviation, fertilizers, media, and more. However, he faced financial troubles in his aviation business and is currently involved in legal proceedings related to unpaid bank loans.
Kiran Mazumdar Shaw is an Indian entrepreneur and biotechnologist. She is the founder and executive chairperson of Biocon, India's largest biotechnology company. Some key points:
- She was born in 1953 in Bangalore and received a B.Sc in Zoology from Bangalore University and a master's in brewing from Ballarat University in Australia.
- In 1978, she started Biocon in her garage in Bangalore with Rs. 10,000 in capital. Biocon became the first Indian company to export enzymes to the US and Europe.
- Under her leadership, Biocon has grown into one of the top biotechnology companies in the world. It conducts research in
This document provides biographical information on several prominent Indian business leaders:
- Lakshmi Mittal, the richest Indian and chairman of ArcelorMittal, a global steel maker. He started his career in Indonesia and acquired steel plants around the world.
- Nandan Nilekani, co-founder and CEO of Infosys, one of India's largest IT companies.
- Azim Premji, chairman of Wipro which he transformed from an oil company into a major global IT firm.
- Sunil Mittal, founder of Bharti Enterprises and chairman of Bharti Airtel, India's largest mobile network. He pioneered the mobile industry in India.
Lakshmi Nivas Mittal is an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. The biography details Mittal's background growing up in India and moving to Indonesia in 1976 to acquire a steel plant. It outlines his career history of acquiring struggling steel mills and turning them around, expanding globally. Mittal created Mittal Steel in 2002 and led its merger with Arcelor in 2006 to form ArcelorMittal. The document discusses Mittal's leadership style, corporate social responsibility efforts, and vision to continue consolidating the steel industry globally.
The document provides an analysis of the iron and steel industry in India, with a focus on Tata Steel and Steel Authority of India (SAIL). It discusses the industry background and structure, production and consumption scenarios, export-import trends, and SWOT analyses of Tata Steel and SAIL. Key ratios like EBITDA, debt-equity, return on capital employed, inventory turnover, fixed asset turnover, and adjusted profit after tax margin are presented for Tata Steel and SAIL for 2009 and 2013. The ratios show mostly declining trends from 2009 to 2013. PESTEL and technological factors are also analyzed for the industry.
Mergers and Acquisition, Arcelor_mittalVikram Dahiya
The document discusses mergers and acquisitions in the steel industry, focusing on two major deals. It provides background on ArcelorMittal, formed by the merger of Arcelor and Mittal Steel in 2006, and Tata Steel's acquisition of Corus Steel in 2007. The deals created the world's largest and first 100 million tonne steel producer (ArcelorMittal), and helped Tata Steel become a top 10 global producer. Financial analysis shows both companies experienced sales growth following the deals.
This document summarizes a summer internship project conducted by V.John Viyagul Priyan at The India Cements Ltd. The internship focused on conducting market research to analyze The India Cements brand position compared to competitors and assess customer satisfaction. The intern learned about customer satisfaction, value for money, after-sales service, self-confidence, understanding customers, and patience. India has a large and growing cement industry due to infrastructure development projects. The India Cements Ltd. wanted to understand its market standing and factors influencing customer cement purchases. It also wanted to evaluate customer satisfaction with quality, price, and service to identify areas for improvement.
this presentation contains most of the details about Dr. VIJAY MALLYA . about his personal life , businesses ,companies and other details like political career ,religious beliefs ,bedding etc .
The document summarizes the key issues in India's coal allocation scam from 2004-2009. It describes how coal deposits were historically allocated by the government to public and private firms, and the process the Coal Ministry used to screen applications and allocate blocks. The CAG draft report from 2012 alleged major irregularities and losses worth Rs. 1.06 trillion due to blocks being allocated without a transparent bidding process. This sparked significant political controversy, with investigations launched into various firms' allocations.
The document discusses several successful Indian entrepreneurs including Dr. Verghese Kurien who established the AMUL dairy cooperative, Jain Irrigation which brought new technology to agriculture, and the Tata Group led by visionaries like Jamsetji Tata, JRD Tata, and Ratan Tata who built an expansive business conglomerate and contributed greatly to India's development. It also mentions the women's cooperative Lijjat Papad and emphasizes that entrepreneurs have played a catalytic role in India's progress and that one should place no limitations on what they can achieve.
1. Tata Group is a successful conglomerate with 114 companies. Tata Steel is one of its companies and a leading steel producer in India.
2. Tata Steel's vision is to become a global benchmark in value creation and corporate citizenship. It was founded in Jamshedpur, India in 1907 and has since expanded operations globally through acquisitions.
3. As of 2015, Tata Steel employs over 86,000 people worldwide and produces a wide range of steel products. It aims to balance business success with social responsibility through various CSR initiatives.
Dhirubhai Ambani founded Reliance Commercial Corporation in 1958 which later became Reliance Industries. He established the first textile mill in 1966 under the brand name "VIMAL". Reliance went public in 1977 and saw huge investor interest. It diversified into chemicals, petrochemicals, plastics, power and telecom. After Dhirubhai's death in 2002, the business empire was split between his sons Mukesh and Anil. Reliance Industries Limited, headed by Mukesh Ambani, is now one of India's largest companies involved in oil & gas, petrochemicals, textiles and retail.
The Godrej Group established in 1987 has undergone significant changes to adapt to increasing competition, leadership changes, and globalization. This included corporate restructuring by pruning divisions and embracing global expansion. People-oriented changes opened communication channels and introduced training programs. Technology changes connected employees and suppliers/distributors. The group's "3 by 3" strategy focused on key markets and categories. Implementation of total quality management used Kotter's model with short term wins reducing changeover time and inventory. Adi Godrej as chairman shifted to a decentralized structure with non-family CEOs and bottom of pyramid products focusing on social responsibility and talent development.
This document provides an overview of the Indian foundry industry. Some key points:
- India is one of the top 10 producers of ferrous and non-ferrous castings globally. It has over 6,500 foundries.
- The foundry industry produces around 7 million metric tonnes of castings annually and employs 500,000 people directly and 1.5 million indirectly.
- It is an important supplier to many sectors like automotive, railways, power, machinery, etc. Around 32% of output goes to the automotive industry.
- Grey iron castings account for 70% of total production. The industry is clustered in regions across India specializing in different products.
Steel Authority of India Limited (SAIL) is a state-owned steel making company headquartered in Delhi, India. It was founded in 1954 and traces its origins to Hindustan Steel Ltd. SAIL operates steel plants located in several Indian states. Its mission is to be a respected world class corporation through concern for people, consistent profitability, and commitment to excellence. SAIL's vision is to be the leader in Indian steel in quality, productivity, and customer satisfaction. The company produces various steel products including plates, rods, rails and pipes. It has plans to significantly increase production capacity of hot metal, crude steel, and saleable steel by 2022.
SAIL is India's largest steel producing company, with 5 integrated steel plants and other facilities across India. It was established in 1954 as Hindustan Steel to support India's rapid industrialization and infrastructure development. SAIL has grown to have a turnover of over 50,000 crore rupees and is one of India's largest public sector enterprises. The intern organized and labeled over 500 files during their internship at SAIL to help maintain proper records.
UdayKotak (born 15 March 1959) is an Indian banker; the executive vice chairman and managing director of Kotak Mahindra Bank.
In early 1980s, while India was still a closed economy and economic growth was muted, UdayKotak decided to start out on his own, refusing a lucrative job option from a multinational.[2] Over the next few years, he diversified his business into various areas of financial services, establishing a prominent presence in bills discounting, stockbroking, investment banking, car finance, life insurance and mutual funds. On 22 March 2003, Kotak Mahindra Finance Ltd. became the first company in India’s corporate history to receive a banking license from Reserve Bank of India.[3] India Today magazine ranked him #8th in India's 50 Most powerful people of 2017 list.[4]
Forbes estimated his wealth to be $4.1 billion in 2012.[5] In 2006 he ended a 14 year partnership with Goldman Sachs by acquiring its 25% stake in two subsidiaries for $72 million.[6] In June 2014, he was named Ernst & Young World Entrepreneur of the Year 2014.[7]
This document provides an overview of business leader Anil Ambani and the Reliance Anil Dhirubhai Ambani Group. It discusses Ambani's background and history with Reliance Industries, profiles Ambani, and outlines the various industries and sectors represented by the Ambani Group such as power, communications, infrastructure, entertainment, and others. It also highlights Ambani's contributions to sectors like corporate sponsorship and philanthropy as well as some of his major achievements and awards.
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Sadalpur, India and after getting an education in business and accounting, he began working in his father's small steel business. Mittal built his empire through acquiring struggling state-owned steel mills around the world and turning them profitable. By 2006, his company Mittal Steel had become the largest steel producer after acquiring Arcelor. Mittal is now worth over $13 billion and has received honors including India's Padma Vibhushan award.
This document provides a biography of Lakshmi Nivas Mittal, an Indian-born British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. It details that Mittal was born in 1950 in Rajasthan, India and began his career in his father's small steel mill in Kolkata in the 1970s. Mittal moved to Indonesia in 1976 where he acquired a steel plant, and his success has been built on acquiring and turning around loss-making steel mills. Currently, Mittal leads ArcelorMittal and has received several business awards for his leadership in the steel industry.
Lakshmi Nivas Mittal is an Indian-British businessman who founded and runs ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and moved with his family to Kolkata where his father opened a small steel mill. After graduating college, Mittal began his career in his father's steel business and later moved to Indonesia in 1976 to acquire a steel plant. Since then, he has built his success by acquiring struggling steel mills and improving their performance. Today, ArcelorMittal has operations in over 16 countries with over 70 million tons of annual steel production capacity, making Mittal the richest man in Europe and third richest in the world.
Lakshmi Nivas Mittal is an Indian-British businessman who founded and runs ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and moved with his family to Kolkata as a child. After graduating from college, he joined his family's steel business and began expanding internationally in the 1970s. By the 2000s, Mittal had acquired steel mills around the world and merged them to form ArcelorMittal. He continues to lead the company as its CEO and chairman. Mittal is considered one of the richest and most successful businessmen in the world.
Laxmi Narayan Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Some key details:
- Mittal founded Mittal Steel in 1976 and through acquisitions grew it into a global steel producer with operations in 18 countries.
- ArcelorMittal produces over 103 million tons of steel annually and Mittal has a net worth of $40 billion, making him one of the richest people in the world.
- Mittal takes risks to push his business forward, such as acquiring steel producers in various countries and purchasing International Steel Group to enter the US market in 2004.
Laxmi Niwas Mittal is an Indian-British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and began his career working in his family's steel business in India. Mittal built his business through strategic acquisitions and mergers, becoming the world's largest steelmaker by combining Arcelor and Mittal Steel in 2006. Under his leadership, ArcelorMittal now has operations in over 60 countries and annual revenues of over $70 billion. Mittal's rise to becoming one of the richest and most influential people highlights his visionary leadership and risk-taking approach to transforming the global steel industry
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and after completing school and college in India, he joined his family's steel business. Over the decades, he expanded the business significantly through strategic acquisitions and mergers, culminating in the acquisition of Arcelor for $33 billion in 2006. Today, ArcelorMittal has operations in over 60 countries and Lakshmi Mittal's net worth is estimated to be over $30 billion, making him one of the richest people in the world. He is renowned for his business acumen, leadership skills, and
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and after completing school and college in India, he joined his family's steel business. Over the decades, he expanded the business significantly through strategic acquisitions and mergers, culminating in the acquisition of Arcelor for $33 billion in 2006. Under his leadership, ArcelorMittal now has operations in over 60 countries and produces a wide range of steel products. Mittal is considered one of the most successful and influential businessmen from India.
The entrepreneur who maintain their personal as well as work life together it known as sustain entrepreneur.
It also known as work life balance entrepreneur.
laxmi niwas mittal Business leader ppptrahul pandeyu
This document provides biographical information about Indian-born British businessman Lakshmi Mittal. It details that he was born into a poor family in India and grew up helping in his father's small steel mill. Mittal went on to build an international steel empire through a series of acquisitions of struggling steel mills around the world. He combined his company, Mittal Steel, with Arcelor SA in 2006 to form ArcelorMittal, which is now the world's largest steel company. Mittal has been recognized with several business awards and continues to lead ArcelorMittal as Chairman and CEO.
Lakshmi Nivas Mittal is an Indian-British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and moved to Kolkata as a child where his father owned a small steel mill. Mittal began his career in his father's steel business and built his success through acquiring struggling steel mills and improving their performance. He led numerous acquisitions that expanded Mittal Steel globally. In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, making it the world's largest steelmaker. Mittal focuses on operating sustainably and supporting local communities through education, health,
Top 10 wealthiest indian entrepreneurs in 2012drsatishchandra
The document lists the top 10 wealthiest Indian entrepreneurs in 2012. The combined wealth of India's 100 richest people increased to $250.6 billion in 2012 due to economic reforms and a growing stock market. The top billionaire was Lakshmi Mittal with $16 billion in wealth from his global steel company ArcelorMittal. In second place was Azim Premji with $12.2 billion from his information technology company Wipro. In third place were brothers Shashi and Ravi Ruia with $8.1 billion from their diversified Essar Group conglomerate.
Lakshmi Mittal is an Indian businessman who is currently the Chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Sadalpur, India and educated at St. Xavier's College in Kolkata. Mittal started his career in steel by acquiring a steel mill in Indonesia in 1976 and continued acquiring and merging steel companies across the globe. By 2006, he had merged Mittal Steel and Arcelor to form ArcelorMittal, becoming the largest steelmaker in the world. Today, Mittal continues to lead ArcelorMittal and has a net worth of over $13 billion, making him one of the richest people in the world
Lakshmi Mittal is an Indian-British businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. Some key details:
- He was born in 1950 in Rajasthan, India and received his bachelor's degree from St. Xavier's College, Kolkata.
- He founded Mittal Steel in 1976 which he grew into a global steel giant spanning 14 countries.
- In 2006, Mittal Steel merged with Arcelor to form ArcelorMittal, of which he remains chairman and CEO.
- He resides in London and is considered one of the richest and most successful businessmen from India.
Lakshmi Mittal is an Indian businessman who is the chairman and CEO of ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in Rajasthan, India and received his bachelor's degree from St. Xavier's College, Kolkata. Mittal transformed his family's modest steel business into a global steel giant with operations in over 14 countries. He has received several honors including the Padma Vibhushan award from the Government of India. Mittal remains the dominant leader in the global steel industry with ArcelorMittal producing over 70 million tons of steel annually.
Lakshmi Mittal had a humble background growing up in India but became fascinated with steel manufacturing. He started his own steel company at age 26 and pursued opportunities globally. A key strategy for Mittal was acquiring struggling steel mills and turning them profitable through new technologies and management. This included a major acquisition in Kazakhstan near emerging markets in China. Mittal's focus on strategic locations and consolidation made his company the largest steelmaker in the world.
Lakshmi Mittal is an Indian-born British businessman who founded and chairs ArcelorMittal, the world's largest steelmaking company. He was born in 1950 in India and graduated from St. Xavier's College in Kolkata with a degree in business and accounting. He began his career in his family's steel business in India and later founded Ispat International, which he grew through strategic acquisitions to become the world's largest steelmaker. Mittal pioneered new steelmaking techniques to deal with rising scrap prices and used consolidation to build ArcelorMittal into the dominant force in the global steel industry.
This document provides information about the global steel industry and prominent steel companies. It discusses key facts about the world's largest steel producer ArcelorMittal, including its annual production, revenue, and acquisitions that led to its growth. It also summarizes details about other major steel producers like Tata Steel, SAIL, and the historical development and current state of the worldwide steel industry.
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1. The document profiles several famous entrepreneurs who achieved great success despite humble beginnings or lack of formal education/training. It describes entrepreneurs like Karsan Bhai Patel (founder of Nirma), Thomas J Bata (founder of Bata shoe stores), Dhirubhai Ambani (founder of Reliance Industries), Lakshmi Mittal (steel giant), and others.
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1. Book title: - Cold Steel
Author Name: - Byron Ousey
Publication Name: - Little, Brown Book Group
No of Pages: - 368 pages
Price of the Book:-250
Publication Year: - 23 Apr 2009
Summary of Cold Steel Lakshmi Mittal and the Multi-Billion-Dollar Battle for a Global
Empire
Laxmi Mittal Biography:-
Lakshmi Mittal has become something of a cult figure in the global steel industry. His company
Mittal Steel is the largest steel maker in the world. After the recent merger between Mittal Steel
and Arcelor which raged a big debate throughout the Europe, Laxmi Mittal current controls 10%
of the total steel production and the combined entity that has come into force post-merger is three
times the size of its nearest competitors.
Lakshmi Niwas Mittal was born on June 15, 1950 at Sadulpur, in Churu district of Rajasthan, in
a poor family. The extended family of 20 lived on bare concrete floors, slept on rope beds and
cooked on an open fire in the brickyard in a house built by his grandfather. Laxmi Mittal belongs
to Marwari Aggarwal caste and his grandfather worked for the Tarachand Ghanshyam Das firm,
one of the leading Marwari industrial firms of pre-independence India.
The family later on moved to Kolkata where his father Mohan Mittal became a partner in a steel
company. Lakshmi Mittal graduated from St. Xaviers in Kolkata with a commerce degree in
1969. He began his career working in the family's steelmaking business in India and in 1976,
Lakshmi Mittal founded Mittal Steel Company. He split from his father and two younger
brothers in 1994 and took the international arm, with interests in Indonesia and Trinidad and
Tobago, while the rest of the family kept the domestic Indian business. In the last few years
Mittal Steel has made a number of acquisitions, buying up a network of steel producers in former
communist countries including Kazakhstan, Romania and Ukraine, and pushing into the U.S. in
2004 with the $4.5 billion purchase of International Steel Group. Today, Mittal Steel is the only
truly global steel producer in the world with operations on 14 countries, spanning 4 continents.
Lakshmi Mittal is also known for his opulence. In 2003, he acquired the Kensington mansion,
said to be the world's most expensive home, from Formula One racing's Bernie Ecclestone for
£70 million ($128 million). His daughter Vanisha's $50 million wedding bash is touted as the
most expensive wedding of the 20th century.
2. LEARNING FROM STORY:-
1. “In business life, first of all you need to have commitment, dedication and passion for
what you are doing.”
2. “At the end of the day, you have to keep emotions away.”
3. “Everyone experiences tough times, it is a measure of your determination and
dedication how you deal with them and how you can come through them.”
4. “Hard work certainly goes a long way. These days a lot of people work hard, so you
have to make sure you work even harder and really dedicate yourself to what you are
doing and setting out to achieve.”
5. “When I think about parallels between myself and an Olympian, I believe that success
in the world of business is underpinned by very similar principles of perseverance and
hard work.”
6. “Always think outside the box and embrace opportunities that appear, wherever they
might be.”
7. “A strong player, which has the sufficient critical mass, can withhold pressure better
and create a more stable environment that benefits shareholders as well as employees.”
8. “When people can see which direction the leaders are going in, it becomes easier to
motivate them.”
ACHIEVEMENT OF LAXMI MITTAL :-
Once ranked as the richest man in United Kingdom (in 2011), and the sixth richest in the world,
with a personal wealth of US $31.1 billion, today his wealth has come down to $16 billion and
his rank has dropped to 82nd place in March 2015. He has won many awards to his credit, and is
a member of many prestigious groups of societies.
2007, he won the Padma Vibhushan, by the President of India.
Fellowship of King's college, London.
Grand Cross of Civil Merit, by Government of Spain.
2004, Entrepreneur of the year, by Wall Street Journal.
European businessman of the year, Forbes
Name of the student
Labade Avinash Dilip
Shelke Dayanand Annasaheb