News makers:

02 Aug 2004

1

Sarin and Mittal on Forbes power list
New Delhi: The latest issue of the Forbes magazine has put two non-resident Indians, Arun Sarin, CEO of Vodafone and Lakshmi Mittal of LN Mittal Steel group in its list of 25 most powerful people in business in Europe. The magazine named 49-year-old Arun Sarin at the seventh position. Lakshmi Mittal is listed at the fifteenth position.

The magazine says that LNM is now the world's second-largest steel manufacturer after Arcelor of Luxembourg.

02 August 2004

Premji, Ambani and Nilekani in Forbes' power list
London: According to the latest issue of the Fortune magazine, Azim Premji of Wipro, Mukesh Ambani of Reliance and Nandan Nilekani of Infosys have been chosen as the 'Most Powerful People in Business in Asia's Power 25' list. While the magazine has Premji ranked tenth, it has Ambani at the 13th spot and Nilekani at the 23rd place. These placings are a considerable jump over last year when India had only one corporate chief in the list. Mukesh Ambani at 48 is the third youngest in Asia's Power 25 list.

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