50 Top 10 Lists of 2007

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Steel is processed at a Tata Steel Plant.
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#6. Tata Steel Buys Corus for $11.3 Billion

Although India's tech prowess in the outsourced world grabs the headlines, there is no more powerful symbol of India Inc.'s rise than this one. Ah, the delicious irony, as the Tata family conglomerate, India's steel giant, buys the Anglo-Dutch firm that includes the remnants of British Steel — at one time a symbol of Britain's imperial might. Guess the dreadnought age is over; but not the steel age, at least not in the developing world.

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