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Bangalore's Richest Businessmen
By siliconindia
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Tuesday, 01 November 2011, 02:27 IST |
7 Comments
3. Grandhi Mallikarjuna Rao:
G.M Rao is next to Narayana Murthy in the Forbes list.GMR, an infrastructure group controls the function of 4 airports, especially the Delhi and Hyderabad Terminals. The company is also constructing 10 power plants to generate more power supply. The company had to sell the 30 percent the stake in the Singapore unit to PETRONAS. They underwent loss in their Dutch unit also and have to sell a part of their stake. He declared that he has plans to donate $340 million worth shares to his family foundation, GMR Varalakshmi Foundation (GMRVF). The GMR group owns the cricket team Delhi Daredevils. Currently Rao is worth $1.6 billion
4. Nandan Nilakeni:
Nandan Nilakeni is the thirty seventh richest Indian. The Co-founder of Infosys now heads the Unique Identification Authority of India. UID is the ID numbers that will be issued to all the Indian residents. Till now 30 million residents have been provided with the card. He is also leads the mission group that is organizing a road map for direct funding to the poor. He holds a minority stake in Infosys but resigned from the board in the year 2009. He is worth $1.4 billion
