Wednesday, January 31, 2007

The Great Indian Takeover

Today's ET blares out - "The Great Indian Takeover". As I flipped through the pages of the newspapers, an overwhelming sense of pride took the better of me. Ratan Tata might have taken over Corus for business reasons. But its a sign of India stamping its authority in the global scenario, beyond just IT.

And the pride emerges from hitting back at The Empire- Corus (erstwhile British Steel) and an icon of the British Empire is now ready to fly the Indian tricolour. Who says life does not come a full circle...

Ostentatious LN Mittal is a man of "grey" and he is more of an Englishman than an Indian. Though the Corus deal is smaller than Arcelor Mittal's, the sense of appreciation and pride is much more. Envy Ratan Tata for the awesome crack team he keeps company of.

After TCS, Tata Motors and Tata Tea, it is now Tata Steel which has gone in for M&A. He has now tasted the sweetness of blood. I dont see Ratan Tata lying back. I am sure he is not going to stop his shopping spree.

 
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