




Among the 90 Indians on the Forbes Rich List 2015, published on Monday, Ambani (39th globally) is closely followed by pharmaceuticals business tycoon Dilip Shanghvi (44th rank with networth of USD 20 billion) and Azim Premji (48th with USD 19.1 billion).
Billionaire Shiv Nadar owns a roughly 62 percent stake in HCL Technologies, India's No. 4 IT services exporter, through group companies.
HCL Technologies founder and chief strategy officer Shiv Nadar is looking to sell the approximately USD 10 billion (Rs 62,000 crore) stake he holds in India‘s fourth-largest IT company, a Wall Street Journal report said today.
Having built an IT behemoth, Shiv Nadar is now focussed on creating an education empire as part of his philanthropic vision
Ups and downs are part and parcel of wealth creation. This list reflects just that. Here are the biggest gainers and losers over the last year, ranked in terms of percentage change in net worth
Close on the heels of releasing the second edition of Hurun India Rich List, China-based Hurun Report Inc launched the inaugural Hurun India Philanthropy List 2013, with IT tycoon Azim Hashim Premji emerging as the most generous Indian with a donation of Rs 8,000 crore in the past year.
The Forbes India rich list shows modest gains for India's richest due to a stumbling economy. Steel magnate Lakshmi Mittal also retains his No.2 position on the rich list with a wealth of USD 16 billion.
With networth of USD 21.5 billion, Mukesh Ambani has retained his title as India's richest person for sixth year in a row, while Mexican business tycoon Carlos Slim has emerged as wealthiest in the world for the fourth consecutive year.
The rupee declining against the US dollar will help domestic IT companies in the next two-three months, HCL Chairman Shiv Nadar said today.
HCL Technologies beat analysts’ expectations as net profit for the fourth quarter rose 51.7% year-on-year to Rs 510 crore. On a sequential basis the net profit was up 9%.