India raises its Tricolor high in the Forbes list

By siliconindia   |   Wednesday, 23 March 2011, 22:32 IST
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Micky Jagtiani claimed the coveted spot of 376 with a personal wealth of $3 billion. He was not a gem of a student. He started to drive a cab to eke out his living after dropping out of college, in London. Later he found himself in Bahrain taking the charge of deceased family's baby products shop. He steadily steered his Landmark Group into Dubai and has conquered the frontiers of fashion, electronics, furniture and budget hotels in Middle East and Southeast Asia. Subhash Chandra & family claimed the 393rd position with a personal wealth of $2.9 billion .He went through the rice channel as a rice exporter, before getting impregnated with the idea of trying his hand in Satellite television business. This zealous Indian brought home, India's satellite television revolution. Essel Group's much favored Zee TV was an instant hit with Indian audience. Pankaj Patel claimed the 440th spot with personal asset of $2.6 billion. He spins revenue from 75% stake in listed flagship Cadila Healthcare, maker of branded and generic drugs and rabies vaccines. Zydus Cadila group partnered with Eli Lilly for the discovery and development of cardiovascular drugs. Group's Zydus Wellness reunited diabetes patients with the lost sweetness of their lives by offering them Sugar Free, India's largest selling sugar substitute. Indu Jain has grabbed the 440th position with a personal asset of $2.6 billion. She is the Chairperson of The Times Group. Indu forms a model of altruism and has made public service an integral part of her life. She pays a special attention to the Community Services, undertaken by The Times Foundation, which ensures a smooth functioning of Research Foundation and Times Relief Fund for disaster reliefs like floods, cyclones, earthquakes and epidemics.
G.M. Rao holds the 440th spot with a personal wealth of 2.6 billion. He is the founder Chairman of GMR Group, the Bangalore based global Infrastructure major. The Group has a diverse portfolio which always moves on the fast lane due to the efforts of skilled professionals. His business swivels around Airports, Energy, Highways and Urban Infrastructure including SEZs. Cyrus Poonawalla claimed the 512th position with a personal asset of $2.3 billion. He belongs to the league of World's cheapest producers of vaccines. Cyrus takes pride in the fact that two-thirds of the world's children in 140 countries have been immunized by the serum. His company Serum Institute of India also transacts with global bodies like UNICEF. Rajan Raheja& Family claimed the 540th position with a personal wealth of $2.2 billion. He inherited his family's real estate outfit. His Rajan Raheja Group has made its name in the market of cement, automotive batteries, and floor tiles. Rajan's Outlook Publishing launched the Indian counterpart of People magazine. Desh bandhu Gupta claimed 564th position with a personal wealth of $2.1 billion. This former chemistry professor discovered a new element in him, 'The element of business.' He bought a petite vitamin company with the help of his benefactor and life partner, Manju. His company Lupin is the world's largest maker of tuberculosis drugs and is one of the India's top five pharmaceutical firms.