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Lakshmi Mittal, Balwant
Grewal and others Honoured
LAKSHMI MITTAL BESTOWED WITH FORBES LIFETIME ACHIEVEMENT AWARD
India-born steel tycoon, Lakshmi Mittal, is being conferred the third Forbes
Lifetime Achievement Award, which honours persons who excelled in areas of
entrepreueurial capitalism and free enterprise, stated American
business magazine Forbes on September 8th 2008. Mittal received the
award at the Forbes Global CEO Conference, held in Singapore. It is estimated
that over 450 business leaders, with a combined net worth of more
than 160 billion dollars from across the world, attended the event.
In March this year, in its annual ranking of the world's richest
billionaires, Forbes named Mittal as the fourth richest man, with a
net worth of 45 billion dollars, "Mittal will receive the third
Malcolm S Forbes Lifetime Achievement Award at the opening dinner tonight from
Steve Forbes, Chairman & CEO of Forbes, and Editor-in-Chief of Forbes
magazine," Forbes said in a statement. "The award honors
heroes of entrepreneurial capitalism and those who embody and exemplify the
ideals of free enterprise," it added.
Born in Rajasthan in India, Mittal founded Mittal Steel Company (formerly LNM
Group) in 1976. It later acquired numerous steel companies around the world,
including the International Steel Group in the US, to become the world's
largest steel producer following merger with Arcelor in 2006.
BRITISH INDIAN BALWANT GREWAL AND FOUR OTHERS HONORED IN LONDON
Prominent NRI entrepreneur Balwant Grewal, affectionately known as Bobby, who
recently raised 250,000 GB Pounds for charity through his marathon 800-km walk
was awarded in London along with four others for their outstanding
contributions to the society. 72-year old Bobby, Chairman of the India
Association, a registered charity, was presented with the award by Mark Price,
Director Barclays Commercial, at the Joint Celebration of the 61st
Independence days of India and Pakistan organized by the 'Pakistan India and
UK Friendship Forum' at the SAS Radisson Hotel in London
The funds raised from his recent walk from Scottish Parliament in Edinburgh to
the Houses of Parliament in London was donated to St Marks Research Institute
in Harrow for Bowel Cancer Research. Bobby has been passionately involved in
Charity work for many years and in 2004-05 walked from Amritsar to Kanyakumari
covering a distance of 4,000 km, raising 100,000 pounds which he donated to
the Northwick Park hospital in Harrow, to assist research into cancer and HIV.
Other recipient of the award was Muniza Bashir, mother of late melody Queen,
Nazia Hassan who conquered the hearts of Indians and Pakistanis alike with her
music. Mohammad Sarwar, UK's first Muslim MP, Mrs Adeeba Malik an activists
fighting for ethnic rights and David Wardrop, who chairs the Westminster
Branch of the United Nations Association were also facilitated.
[Source:
GOPIO News]
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