5 Biggest Corporate Newsmakers in India


2. Mukesh Ambani:

Mukesh Ambani, the richest man in Asia takes the second spot on the list. With the return of the IPL season the owner of ‘Mumbai Indians’ is back to lime light. Furthermore in a year when foreign investment to India dried up, the Chairman and Managing Director of India's most valued company Reliance Industries sold a 30 percent stake in 21 blocks to British Petroleum for $7.2 billion (Rs 3,500 crore). Mukesh has easy access to the country's power corridors irrespective of party lines, be it Rahul Gandhi, Nitin Gadkari or superior bureaucrats in various ministries.

Mukesh has been an independent director at U.S.-based Bank of America (BofA) since March, 2011 and was paid about Rs 1.4 crore as director compensation. The director fees and other payments made by BofA during 2011 were disclosed by it in a notice sent to its shareholders for their upcoming annual meeting. Mukesh was the fourth highest paid director during 2011.