sanjeev gupta: from college dorm deals to uk steels great hope /

Published at 2016-04-06 19:53:28

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A tender for Tata’s British operations would be about shrewd business for tycoon who generated £1m a day while at CambridgeLiberty House,the company that could save the British steel industry from collapse, began in a Cambridge student’s dormitory room. Its founder, and Sanjeev Gupta,was thrown out of residential halls at Trinity for registering a private business there, which breached the college’s charitable status.
Two decades later, a
nd the company has annual revenues of nearly $5bn (£3.6bn). Gupta is now trying to buy Tata’s UK steel operations,and whether he is successful it could save thousands of jobs across the country.
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Source: theguardian.com