You can be L.N. Mittal’s tenant… for 10,000 pounds a week

October 9th, 2009 LONDON - Britons splash out the maximum on chocolate than any other European country, it has emerged. A Mintel survey revealed that Britons each spent an average 57 pounds on chocolate treats in 2008 - a huge total of 3.5billion pounds.

October 5th, 2009 BHUBANESWAR/RANCHI - A day after a noted British paper said steel giant ArcelorMittal was close to pulling out its proposed steel projects in Jharkhand and Orissa, the states Monday said they had not received any communication in this regard. "I have no information on that.

October 5th, 2009 RANCHI - A day after a noted British paper said steel giant ArcelorMittal was close to pulling out of its proposed steel projects in Jharkhand and Orissa, the Jharkhand government Monday said it had not received any communication from the steel maker in this regard. "We have no information that ArcelorMittal is planning to wind up its greenfield steel project in the state," Jharkhand Industries Secretary N.N.

September 1st, 2009 LONDON - A businessman made a superprofit of 100,000 pounds when he sold off his rare Ferrari, which he never even drove. The businessman from Paris had bought the 2004 Enzo from British supercar dealer Tom Hartley for 625,000 pounds last year.

July 30th, 2009 BAE loses 70 million pounds in H1LONDON — BAE Systems PLC, Europe's largest defense contractor, posted a loss for the first half of the year, as demand fell for land vehicles and the company wrote off the value of some assets. However, the company said Thursday it expects "good growth" for the full year amid an increase in military spending as it also benefits from continued weakness of the British pound against the U.S.

July 29th, 2009 LONDON - Global steel giant ArcelorMittal, founded by Indian born L.N. Mittal, Wednesday reported a net loss of $800 million for the second quarter of this year but hoped for a much better performance in the ensuing months.

July 5th, 2009 BRUSSELS - Steelmaker Arcelor-Mittal would re-open the second blast furnace at its plant in Ghent, Belgium, in August, EuAsiaNews reported Sunday. The furnace was closed down in April as a result of falling demand of steel worldwide due to the current economic crisis.

June 30th, 2009 LONDON - An annual account of the Royal Household's expenditure has revealed that Queen will run out of funds by 2012, her Diamond Jubilee year, unless the government increases the Civil List. The Civil List, which pays for the running of the Royal Household, has not increased in the last 20 years, and at the moment any request for an increase in funds would be difficult to tackle, as UK is suffering from the global economic crisis- the worst since the Second World War.

June 23rd, 2009 UK May mortgage lending weakest in 8 yearsLONDON — Net mortgage lending in the United Kingdom was 2.3 billion pounds ($3.7 billion) in May, the weakest monthly amount in eight years, the British Bankers Association said Tuesday. The report came as further evidence of sluggish lending activity in the U.K.

June 16th, 2009 LONDON - Men will splash out a whopping 4.2 billion pounds this year pounds on sleazy fun behind their partner's backs, according to a new UK survey. The OnePoll.com site found that men will spend 1.6 billion pounds on strippers, hundreds of millions on adult websites and saucy phone downloads.

April 26th, 2009 LONDON - Indian origin steel magnate Lakshmi Niwas Mittal lost as much as 23.5 billion pounds in the last one year due to the ongoing financial crisis world over. The economic crisis has wiped 155 billion pounds from the fortunes of Britain's wealthiest individuals and has almost halved the number of the nation's billionaires.

April 19th, 2009 CHANDIGARH - The Punjab-based International Tractors (ITL), which sells tractors under the Sonalika brand, Sunday claimed it has achieved the highest export sales among all manufacturers in the country during 2008-09. The company posted export sales of Rs.105 crore, an increase of over 262 percent over the previous year, its managing director Deepak Mittal said in a statement.

April 15th, 2009 NEW DELHI - Global meltdown and falling demand have forced Arcelor-Mittal to delay by two years their proposed steel projects in Orissa and Jharkhand, estimated at $20-25 billion, its India head said here Wednesday. 'The top reason is economic downturn,' Vijay Bhatnagar, the chief of India operations, told reporters on the margins of a steel industry seminar organised by the Federation of Indian Chambers of Commerce and Industry (FICCI).

March 12th, 2009 WASHINGTON - Twenty-four Indians have made it into the Forbes magazine's list of 'World's Richest' with Steel tycoon Lakshmi Mittal in fourth place. Four Indians made it to the top 10, including Mukesh Ambani, Anil Ambani and K.

January 11th, 2009 NEW DELHI - India's ONGC Videsh may buy a stake of up to 40 percent in an oil block in Kazakhstan, an oil ministry official said Monday. ONGC Videsh, the overseas arm of state-run explorer Oil and Natural Gas Corp., may get a share of 30-40 percent in the Satpayev block in the oil and mineral resources rich Central Asian country, the official official said.