Articles

Ratan Tata

"Tata Steel, Asia's first integrated Steel Plant, which was registered on August 26, 1907, turned a 100 years old on August 26, 2007. The day was marked with celebrations by the employees of the Company and the citizens of Jamshedpur, the city named after its Founder - J N Tata.

Following the Company's founding philosophy of serving the community that it operates in, Mr. B Muthuraman, Managing Director announced two major social initiatives on the occasion of the Centenary Celebrations. The first project is the Land and Water Management Programme in association with Sir Ratan Tata Trust in the three states of Orissa, Jharkhand and Chattisgarh targeting more that 400 villages. The Company already runs upliftment and welfare programmes in 700 villages in Jharkhand and Orissa. The second major initiative is in the field of education where Tata Steel will open schools for the children of tribal communities and scheduled caste families to provide education and train them to become self reliant. "

Tata Steel renews societal commitment in 100th year



Zhang Yin

"Zhang Yin, who became a household name Wednesday morning for topping a recent list of China's richest people, is a billion yuan wealthier by the afternoon.
Reports of her massive wealth were printed in morning newspapers yesterday and before markets closed that afternoon, share prices of Zhang's Guangdong-based Nine Dragons Paper Industries Co., Ltd. jumped 2.77 percent, adding an extra 1.1 billion yuan (139 million U.S. dollars) to her assets.

Zhang, the 49-year-old founder and chairwoman of the paper company, was reported to be the mainland's richest person with a fortune of 27 billion yuan (3.4 billion U.S. dollars). "

Richest woman becomes richer


Carlos Slim

"Just call him Midas. Latin America's richest man upped his wealth this year by an incredible $10 billion, thanks to a growing and diverse empire that includes holdings in retail, banking and insurance, and auto parts manufacturing. Shares of his flagship wireless telecom outfit, América Movil, soared 76% during the year. And his fixed-line operator, Telefonos de Mexico, or Telmex, is reportedly gearing up to double its customer base this year, primarily in Mexico, by signing up 600,000 broadband Internet subscribers. As one of its largest shareholders, Slim was purportedly contemplating taking MCI private—until Verizon bid to acquire the beaten-down phone company in February. Said to have one of Latin America's largest collections of Rodin sculptures; is also the founder of Foundation of the Historic Center of Mexico City, dedicated to restoring colonial buildings in Mexico City's historic city center. "

World's Richest People