We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.

It's difficult for them to do a deal at these levels.

It is true that we are interested in scale but there are very sound reasons for this.

I came from a Hindi medium school the principal felt that I would not fit into an English medium college. Though I was top in my class in school, and I got admission in other colleges, but I really wanted to study in St. Xavier's.

We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a small player, your flexibility gets reduced.

There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.

I am sure all politicians will be convinced of the merits of this deal.