Run, the Indians are coming!

This ain't any bomb attack. This is an economic onslaught of sorts. What a weekend for Indian companies!

We first see Mittal finally triumphing over French nationalism. Arcelor. For a few integers more than a whopping 23 billion euros. Despite being rebuked by Arcelor and the European media, he never lost hold of his ambition - something we don't see from normally defensive Indians. Mittal did flash his lucre and it is precisely this which undid all those hardcore nationalists. And though one can argue that Mittal Steel is not Indian and does not even have a plant in its hinterland, the dude still holds an Indian passport.

Then we see the Aditya Birla group make a Canadian acquisition. Minacs, Canada's largest BPO firm was bought by Transworks for $125 million. Gosh, we are still talking in millions. This is the largest acquisition by the Indian BPO industry and will catapult Transworks into the top 10. Three Cheers!

And finally, will the Tatas stay behind? My present grand-employer, the risk-averse Tata is slowly spreading out its arm globally. This weekend, it was Tata Coffee buying Eight O' Clock, a 100-year-old-number-3 coffee company in the US. Shelling out $220 million in the process. JRD is having the last laugh.

All I can say is that this is just the beginning. Just run...