FORBES INDIA RICH LIST 2011

  • Less faith in concept of free market: Arun Maira November 18, 2011

    "There comes a tide in the affairs of men," Shakespeare cautioned. Tsunami warnings are now ringing about the global economy. The global financial system is under stress. Economic growth is stumbling. Confidence in governments is decreasing everywhere. Multilateral institutions like the WTO (World Trade Organization) and IMF (International Monetary Fund),...
  • The highs and lows of the richest Indians November 15, 2011

    Reflecting the global turmoil, the fortunes of a majority of the richest Indians fell this year. Even then, 15 individuals managed to break into his exclusive club. Oh, the ways of wealth! After two years of unprecedented richness, the 100 richest people in India have turned poorer in 2011. With the...
  • Banking at high velocity: Uday Kotak November 11, 2011

    Uday Kotak Age: 52 Profile: Founder of Kotak Mahindra Bank and Indias first billionaire banker. Rich List Rank: 15 Wealth: $ 3.6 billion His Strength: Building a team that enjoys what it does. During every crisis, the entire top team would huddle together like a cricket team To see how far Uday Kotak has come, you dont have...
  • Ajay Kalsi: A selfmade man unafraid to take risks November 8, 2011

    Ajay Kalsi Age: 49 Profile: Founder and chief executive of Londonlisted oil and gas outfit Indus Gas Rank: 38 Wealth: $ 1.39 billion Did you know? He is building a new wave pool for his daughter who is fond of swimming. The pool is about the size of four Olympic pools. Ajay Kalsi of Indus Gas is...