Rs. 500 crore is not peanuts; however, with (yes, good) flats selling for 2-4 crores in Noida, 50% of a major Indian refinery is a VERY good deal for Mr. Mitta, a no brainer! At $124 million, less than a Boeing 777, a great deal! With automobiles multiplying like cockroaches on India's roads, the market for Mr. Mitta's refinery is assured for the next 50 years at least and beyond. The location in Punjab, close to Haryana, Delhi, Himachal etc, a very prosperous region is also very good. All in all, a great deal for the Mittals! Congratulations and way to go! - gg
