if you were looking for a glimmer, can i suggest you keep an eye on Jindal?
http://www.bloomberg.com/news/2013-01-15/jindal-steel-said-to-end-afferro-takeover-talks-corporate-india.html
the endless SDL saga is also a little unhelpful because conclusion of that deal will take that asset out of the marketplace. India has a real need and in time will be as potent a suitor as the Chinese IMO...
Sage uncertainty is unhelpful. It would be fanciful to think he will walk away but the ATO can make ordinary people do extraordinary things...
cheers
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