2 NRIs in Europe's Power25

The latest issue of Forbes magazine has named two prominent Non-Resident Indians -- Arun Sarin and Lakshmi N Mittal - in its list for 25 most powerful businessmen in Europe.

49-year-old Arun Sarin, Chief Executive Officer of Britain's Vodafone, the world's largest wireless company, is ranked seventh, while steel baron Lakshmi Mittal, chief of LNM, is listed as 15th among Europe's Power25.

Vodafone last year generated $15 billion in free cash flow, although it recorded a net loss for the year of $15.3 billion, on revenue of $56.8 billion, the magazine said.

Sarin spent the first part of his career in Silicon Valley at Airtouch, InfoSpace, and former Baby Bell Pacific Telesis Group.

The 54-year-old Lakshmi Mittal heads a $12 billion steel empire that stretches from a former state-owned steel mill in Kazakhstan through Europe and Africa to operations in the United States, Forbes said.

LNM is now the world's second-largest steel manufacturer after Arcelor of Luxembourg.

Also see: The 9 Indian billionaires