The 10 Richest Indians
Rediff.com, February 6, 2004

So who are the richest Indians? Well, the list of the country's top ten richest businessmen does have some of the usual suspects but also some surprises.




The latest Business Standard survey of India's billionaires shows that the slowdown in the IT sector saw many technology czars slipping down the pecking order. Satyam Computer's B Ramalinga Raju and no one from India's IT jewel Infosys Technologies is in the list. (N R Narayana Murthy does not figure as data on his holding in Infosys were not available).

The list shows the changing trends in the Indian economy, with promoters of firms from the 'old economy' taking many a top slot.

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The combined net worth of the top 125 richest Indian businessmen increased by 11 per cent, from Rs 1,08,960 crore ($23.95 billion) on December 31, 2002 to Rs 1,20,951 crore ($26.60 billion) as on August 31, 2003.

- posted by ARYABHATT @ 7:12 pm