Steel tycoon Lakshmi Mittal has acquired minority stakes in which Indian financial services company?

Introduction / Context:
Lakshmi Mittal is globally known for his leadership of a large steel empire, but he has also made notable financial investments in India. This question targets a specific business awareness fact about his minority stake acquisition in an Indian financial services company. Such questions often appear in examinations to test your recall of high profile investments and corporate linkages.

Given Data / Assumptions:
- The person mentioned is steel tycoon Lakshmi Mittal. - He acquired minority stakes, so not a controlling interest. - The target is an Indian financial services company. - Four financial or investment related names are given as options.

Concept / Approach:
The concept involves corporate finance and investment news. Indiabulls Credit Services, part of the broader Indiabulls group, was widely reported in Indian business media as receiving minority investment from Lakshmi Mittal. Other names like Anand Rathi, Farallon, and Kothari Pioneer represent different financial service or asset management entities that were not associated with this particular deal.

Step-by-Step Solution:
Step 1: Recall the headline that Lakshmi Mittal invested in Indiabulls Credit Services as a strategic financial stake. Step 2: Analyse the options and note that Anand Rathi Financial Services is a separate brokerage and wealth management firm without such a reported tie up. Step 3: Recognise that Farallon Capital is an international investment firm rather than an Indian retail focused financial services company. Step 4: Kothari Pioneer is historically linked with mutual funds and different joint ventures, not with the Mittal investment highlighted in exam oriented GK. Step 5: Therefore the only option matching known news reports is Indiabulls Credit Services.

Verification / Alternative check:
You can validate this answer by remembering that Indiabulls as a group has frequently been in the news for attracting high profile investors, including Mittal. General knowledge and business awareness question banks specifically connect his minority stake to Indiabulls Credit Services, making it a standard fact for competitive exams.

Why Other Options Are Wrong:
Anand Rathi Financial Services has its own client base and ownership structure and did not figure in reports about a Mittal stake of this nature. Farallon Capital is itself an investor and not the Indian financial services company being invested into in this context. Kothari Pioneer is historically associated with mutual fund ventures and is similarly not linked to Lakshmi Mittal in popular GK references. Hence, these options are incorrect for this specific question.

Common Pitfalls:
Students sometimes guess based on which name sounds most familiar without connecting it to the actual news context. Because several of these names are well known in financial markets, careless reading can lead to mis selection. Focusing on the fact that exam books consistently pair Lakshmi Mittal with Indiabulls Credit Services will help you avoid confusion.

Final Answer:
Lakshmi Mittal acquired minority stakes in Indiabulls Credit Services.