New Delhi, Sept. 19 -- Mumbai: Jindal Steel International's pursuit of Thyssenkrupp Steel Europe marks a crucial moment for the group, and for its next-generation leader-in-waiting, Venkatesh Jindal. At just 29, the Yale and Harvard-educated son of chairperson Naveen Jindal is part of the core team currently in Germany negotiating the high-stakes acquisition.

The team also includes Naveen Jindal, Narendra Misra, Jindal's director of European Operations, and a handful of other executives. It is currently in Germany.

The third-generation successor of steel magnate OP Jindal has his task cut out for him. The negotiating team has to convince the German government and labour unions to give their blessings to the deal. Labour unions have a si...