The Billionaire Club METHODOLOGY
COUNTING the money
F
How we estimated the wealth and earnings of billionaires
or the promoters of listed companies, we use the accepted method of
estimating wealth based on the
market value of their holdings in listed companies. This is the category we have
been estimating for the last nine years. In
line with international practices, we have
eliminated crossholdings in their stakes.
This year, instead of removing the entire
market value of crossholding from the promoters' net worth, we have added back
their share in the crossholding as their net
worth. This results in wealth estimates
based on the promoters' direct holding in
listed companies and share in crossholding. This year we also collected information
on public shareholders whose personal
investment of over one per cent in various
companies was made available by both the
Bombay Stock Exchange and the National
Stock Exchange. Rakesh Jhunjhunwala
with net worth of Rs 2,375 crore top the list
PROMOTERS
A B Satyavas Reddy
A C Muthiah
A D Sudhindra,V Narayanaswamy & D S Srinivasan
A J Prasad
A V S Raju & Family
AB Advani & Family
Abhay Firodia
Abhay Oswal
Abhijit Rajan
Abhishek H Dalmia
Abhishek Dhanuka
Adeesh Gupta
Adi Godrej
Aditya Jajodia & Sanjiv Jajodia
Aditya Krishna
Aditya Todi & Amit Kumar Agarwal
Ajay Bijli
Ajay Piramal
Ajay S Shriram
Ajit G Nambiar
Ajit Gulabchand
Akash Saraf & Rajkumar Saraf
Ambar Timblo
Amit Judge Group
Amit R Sheth & Bhavesh Rameshchandra Talsania
Amit Y Agrawal
Analjit Singh
of investors' billionaire. Balrajsinh Parmar,
an investor, too joined the big league with
net worth of Rs 540 crore, followed by
Desai brothers Rs 491 crore and Shivanand
Mankekar Rs 344 crore.
As in previous years, we estimated individual net worth by taking the average
market price of shares for the last one
month. So we estimated wealth for the
current period on the basis of the average
price for August 2007 and similarly for
August 2006 for comparison purposes.
Also, we estimated the net worth of individual promoters (or even members of the
promoter family) only if a break up of the
individual share holdings is available. As
for the salaried wealthy, we look at bigbuck salaries, both of promoters who take
a salary from the company and of professional managers. Strictly speaking, professional managers are a different genre.
Unlike the previous two categories which
Rank
2007
Wealth Rs cr
August, 07
421
227
361
248
152
379
338
242
142
426
490
478
25
243
462
343
389
67
194
428
110
283
404
366
377
374
119
163.07
560.56
238.30
484.12
1044.39
204.25
271.89
498.43
1165.33
161.74
121.51
130.41
6649.52
497.26
141.18
263.00
189.48
2899.00
667.71
159.81
1746.92
373.47
177.12
225.42
209.04
212.01
1508.65
are based on the stock concept of wealth,
these are based on the flow concept of
income. So obviously, these earning billionaires cannot be compared with the
other billionaires.
Within the salaried lot, the biggest
group is the professional managers, or
middle class millionaires. Their earnings
are reported in the annual reports of companies. By and large, these are very accurate but because of innovative compensation structuring the figures may tend to
be a bit lower than the actual sums.
There is no systemic bias in the data.
Data for promoters' net worth are
sourced from information on shareholding patterns published by the Bombay
Stock Exchange. The data on the salaried
classes are sourced from the annual
reports of companies for the accounting
years ending anywhere between April
2006 and June 2007
PROMOTERS
Anil Agarwal
Anil Ambani
Anil Gupta
Anil Jain
Anil Kumar Sethi & Subhash Chand Sethi
Anil R Gala & Family
Anil T & K S Ramakrishna
Anilaben A Shah
Anilkumar N Harchandani
Ankit Miglani
Annand Sarnaaik
Anu Aga
Anuradha Mahindra
Anuradha Shukla
Archana Mittal
Aroon Purie
Arun Bharat Ram
Arun Jain
Arun K Saraf
Arun Kumar Jagatramka
Arvind Dham
Arvind Jolly & Arjun Jolly
Arvind Kapur & Family
Arvind Mafatlal
Arvind T Shah
Ashank Desai & Associates
Ashish Jhunjhunwala
Rank
2007
Wealth Rs cr
August, 07
6
2
411
181
217
287
335
448
457
480
423
41
210
433
264
249
263
311
149
167
93
485
384
342
151
309
420
47227.40
97090.20
166.90
777.21
590.54
364.10
275.44
149.35
142.15
128.78
162.26
4730.97
609.50
157.44
444.75
479.55
452.95
313.43
1062.21
869.91
2227.90
127.44
198.42
265.57
1051.73
315.77
163.62
Business Standard z DECEMBER 2007
PROMOTERS
Ashish R Goenka
Ashok B Jiwrajka
Ashok Bhavarlal Jain & Bhavarlal H Jain
Ashok Chaturvedi
Ashok Kapur
Ashok Kumar Bansal
Ashok M Advani
Ashok Malhotra
Ashok Punj
Ashok Sarin & Anil Sarin
Ashok Soota
Ashokkumar R Ruia & Family
Ashwin Choksi, Ashwin Dani, Abhay Vakil
Asif Khader & Mukkaram Jan
Atul K Nishar
Azim Premji
B B Singal & Family
B D Agarwal
B G Bangur
B K Birla
B K Goenka
B K Jhawar
B K Parekh & Family
B L Agarwal
B L Taparia
B M Bhansali and P R Bhansali
B M Khaitan
B M Labroo
B M Thaper
B Malla Reddy & Melampati Srihari Rao
B N Kalyani
B R Taneja
B Rama Raju & Family
Babulal Shermal Jain
Balbir Singh Uppal
Balrajsinh A Parmar
Basant Lall Shaw & Arvind Kumar Jayaswal
Bhadresh K Shah
Bhagirath Arya
Bharat P Mehta
Bhimji J Shah
Bikramjit Ahluwalia
Binay Kumar & Family
Bithal Das Mundhra
Braj Binani
Brijmohan Lall Munjal
Brijween Kaur Sahney
BS & GS Sawhney, DPS Kohili
BVR Mohan Reddy & B Sucharitha
C J George & A V Viswanadhan
C K Birla
C K Mehta
C K Somany
C P Kothari
C P Sanghvi & A P Sanghvi
Capt C P Krishnan Nair
Chander K Baljee
Chanderia and Khimsia
Chandir Gidwani & Khushroo P Byramjee
Chandrakant Manilal Bhansali
Chandrakant V Gogri
Chandrakumar Dhanuka
Chandru Lachmandas Raheja
Chandurkar & Family
Chellappan R
DECEMBER 2007 z Business Standard
Rank
2007
Wealth Rs cr
August, 07
293
268
160
205
206
367
139
460
141
70
321
79
45
241
271
5
97
199
69
52
101
204
80
319
295
398
225
284
158
357
22
170
81
484
247
234
498
105
313
308
449
200
416
177
146
50
298
126
285
340
218
265
212
326
291
178
320
427
301
375
455
406
138
164
463
345.54
433.27
957.88
619.51
619.01
225.17
1200.91
141.63
1168.90
2820.49
293.91
2621.13
4325.84
498.57
423.78
54459.63
2164.33
639.74
2830.16
3658.52
1908.87
622.21
2593.58
298.17
343.60
183.16
563.93
373.03
970.06
244.03
7511.11
840.18
2576.40
127.52
487.91
539.50
117.65
1852.85
313.36
318.55
149.21
634.68
164.96
788.34
1130.62
3705.76
337.39
1380.00
371.98
267.76
589.07
444.70
607.35
285.46
350.19
785.10
295.72
160.76
336.51
211.59
143.79
174.27
1213.13
891.37
138.24
PROMOTERS
Chetan R Shah
Chirayu R Amin
Chowgule & Family
D B Gupta
D C Anand
D Jayavarthanavelu
D K Himatsingka & Family
D P Agarwal
D P Jindal
D S Chandra Mohan Reddy & Family
D Udaykumar Reddy & D Tanuja Reddy
Dadi Balsara
Deepak Kothari
Deepak Puri & Sabena Puri
Deepak S Kulkarni
Deepak Seth & Family
Desai Brothers
Devendra S
Devineni Raja Sekhar
Dhanesh Kumar Jain
Dharaprasad Poddar
Dhilin H Mehta
Dhruv M Sawhney
Dilawar Singh Arora
Dileep Malhotra
Dilip D Khatau
Dilip Modi
Dilip Piramal
Dilip S Shanghvi
Dinesh B Patel
Dinesh J Hinduja
G Annapurna Padmaja & Ramachandra
G Bala Reddy
G Bhaskara Rao
G H Singhania & Yadupati Singhania
G l Mirchandani
G M Rao
G P Birla
G P Goenka
G R Gopinath
G R K Reddy
G V Bhaskar Rao & Family
G V Krishna Reddy
Garware Family
Gaurang Manhar Gandhi
Gaurav Ghai
Gautam N Mehra
Gautam S Adani
Gautam Thapar
Ghanshyam Kejriwal & Family
Girdharilal Modi
Giri Raj Goyal
Glenn Saldhanha
Govindbhai C Patel & Deepak G Patel
Gurjeet Singh Johar & Rajbir Singh
H F Khorakiwala
H K Mittal & Archna Mittal
H S Bedi
H S Bharana
Harbanslal B Gupta
Haresh J Vaidya
Hari Eswaran
Hari Shankar Singhania
Harsh C Mariwala
Hemant Kanoria
Rank
2007
Wealth Rs cr
August, 07
176
207
487
83
435
154
232
173
85
456
171
464
279
174
527
302
246
383
222
518
188
397
128
473
453
259
120
346
14
136
211
493
368
40
189
465
10
401
239
440
466
390
130
306
403
400
333
28
33
238
486
371
35
297
356
61
251
114
185
442
429
415
180
92
378
799.41
617.77
125.17
2515.81
156.48
1022.47
552.11
807.01
2403.82
143.24
824.81
137.76
393.45
806.27
103.21
330.69
490.70
198.74
575.98
107.35
729.52
183.39
1347.75
132.39
146.42
456.63
1490.50
259.16
13787.98
1237.80
608.09
120.62
216.49
4782.96
718.21
137.59
20699.63
179.16
507.07
153.03
135.36
188.56
1307.65
321.36
177.71
181.66
275.71
5793.69
5350.17
514.00
125.35
214.14
5276.87
337.80
247.17
3235.96
469.56
1648.46
740.65
151.93
159.14
165.04
778.91
2267.97
206.18
The Billionaire Club METHODOLOGY
PROMOTERS
Hinduja Brothers
J Naresh Kumar
J V Patel
Jagdish K Saxena & Family
Jagdish Mansukhani & Family
Jaiprakash Gaur
Jaisingh,Nakul & Nikhil J Danani
Jamuna Raghvan
Janardan & Prashant Agarwal
Janmejay Rajnikant Vyas & Family
Jawahar Lal Oswal
Jayadev Galla & Ramachandra N Galla
Jayanti M Patel
Jayantilal Sanghvi & Mishrimal Sanghvi
Jayaram Chigurupati
Jeetendra Kapoor & Family
Jerry Varghese & Family
Jignesh P Shah
Jug Mohan Kapur
K Anji Reddy
K Dinesh
K J Samuel
K K Bangur
K K Birla
K L Goel
K L Ramachandra
K M Mammen
K M Sheth & Family
K P Ramasamy
K P Singh & Family
K Padmanabhan
K R Naik
K R Ravishankar & Arun Kumar
K R Thakur
K S Raju
K Suryanarayana
K V Balakrishnan
Kailash Sahara
Kalanithi Maran
Kalpathi S Suresh & Kalpathi S Ganesh
Kamal K Singh
Kamal Nayan Saraogi
Kanshagra Family
Kapil Puri
Karsanbhai Patel
Kasliwal Family
Keshub Mahindra
Ketan Sheth
Kewalchand P Jain
Khalid Ansari
Kiran Mazumdar Shaw
Kirtilal K Doshi
Kishor Patil & Associates
Kishore & Abhijit Avarsekar
Kishore Biyani
KK Sarda
Kokilaben Ambani
Krishna Kumar Karwa & Prakash Kacholia
Krishna Kumar Modi
Krishna Murthy
Kulkarni Kiran Prakash & Pankaj Kumar
Kumar Mangalam Birla
Kushagra Bajaj
L G Balkrishna
L Lakshman & L Ganesh
Rank
2007
Wealth Rs cr
August, 07
48
533
230
332
331
16
250
137
209
121
266
458
337
221
354
195
445
39
495
76
78
500
216
84
483
148
269
95
256
3
441
482
395
224
175
431
275
147
36
214
118
254
408
328
100
129
21
507
380
504
75
399
363
228
62
381
153
369
191
494
237
8
215
322
323
4214.51
100.10
553.99
277.07
277.09
10215.21
469.75
1214.56
614.75
1462.93
442.83
142.14
274.13
576.70
249.49
667.19
151.21
4916.62
118.44
2719.33
2650.91
116.67
593.87
2408.60
127.96
1069.67
430.50
2205.65
462.26
90821.64
152.45
128.31
184.72
569.26
803.99
157.88
406.23
1097.70
5098.03
598.07
1513.28
466.83
170.46
284.59
1988.56
1323.60
7619.80
114.34
204.02
114.76
2728.94
181.91
229.43
555.48
3219.71
203.24
1043.00
216.09
698.13
120.61
524.04
27104.41
594.46
293.55
288.67
PROMOTERS
L N Bangur
L N Jhunjhunwala
L P Jaiswal
Lagadapati Madhusudan Rao
Lalchand B Maloo & Family
Lalit Khaitan
Lalit Surajmal Kanodia
Lalitkumar H Patel
M K Agarwal
M L Lohia
M L Mittal
M M Thapar
M Raajhendhran & brothers
M V Ramana Rao
Mahendra Mehta
Mahendra Mohan Gupta & Family
Mahendra Nahata
Mahendra R Mehta
Malvinder & Shivender Singh
MAM Ramaswamy
Mangilal G Surana
Manhar R Bhansali
Manharlal Chunilal Shah
Manmohan Shetty
Manoj G Tirodkar
Mayank Poddar
Meera R Chandavarkar
Meeta & Vinu Dhingra
Mehta Tilakraj Dewamal
Mehul C Choksi
Mithila V Mahesh
Mofatraj P Munot
Mohamed Yusuf Noorani
Mohan Harakechand Bhandari
Mohan Prasad Kala
Motilal Oswal & Raamdeo Agarwal
Mukesh Ambani
Mukesh Bhandari
Mukesh R Gupta & Family
Mukund P Mehta
Mullapudi H Prasad
Murali Krishna Prasad Divi
Murkumbi Narendra Madhusudan
Murugappa Family
N D Desai
N Gopalaratnam
N Jagan Mohan Reddy
N Krishnakumar
N Mahalingam & M Manickam
N Prasad
N R Narayana Murthy
N Radhakrishna Reddy
N S Iyengar
N Sankar
Nalinkant Amratlal Rathod
Nama Nageswar Rao & Nama Seethaiah
Nandan Nilekani
Nandkumar Khattumal Harchandani
Nara Bhuvaneswari
Narendra K Patni & Family
Naresh ,Namit & Neeta Malhotra
Naresh Goyal
Navnitlal Ratanji Shah
Navpreet Singh
Nemish S Shah
Rank
2007
Wealth Rs cr
August, 07
358
213
299
461
258
165
489
202
276
272
133
434
376
303
305
107
240
532
24
156
314
515
317
519
104
364
288
143
528
150
447
74
388
187
446
87
1
469
417
502
372
49
244
60
278
513
475
451
526
82
34
396
439
109
531
289
53
514
491
65
208
30
201
432
402
243.42
606.02
336.97
141.48
459.06
883.43
121.53
626.97
401.08
415.87
1297.20
157.37
210.48
326.94
322.31
1785.77
503.51
100.87
6937.60
989.17
308.81
108.90
303.10
107.10
1872.18
226.89
361.68
1156.72
101.77
1053.23
149.63
2733.67
190.78
729.59
150.75
2377.86
145320.08
135.12
164.58
115.75
213.21
3954.57
495.11
3317.00
398.04
110.16
131.07
147.91
103.94
2516.85
5280.70
184.09
153.41
1754.60
101.20
360.40
3654.25
109.30
120.98
2931.89
615.87
5640.61
627.78
157.79
179.10
Business Standard z DECEMBER 2007
PROMOTERS
Nenshi L Shah
Nimesh Nagindas Kampani
Nirmal Bhogilal
Nirmal Jain & R Venkataraman
Nirmal Kumar Agarwal
Nirmal N Kotecha & P S Saminathan
Nitin D Shah & Family
Nitin Khara
Nitin M Shah & Family
Nitin Mandhana
Nitin P Sontakke
Nitin Sandesara
Nusli Wadia
Onkar S Kanwar
P B Bhardwaj
P C Kapor & Vijay Kumar
P E Subramaniam & P S Jagdish
P K Jain & Family
P K Khurana
P Kishore, P Sarvotham & P K Padmanaban
P P Chhabria
P P Gupta
P R Ramasubrahmaneya Rajha
P Radhakrishna Reddy
P Subramanian & S Sangeetha
P V Ramaprasad Reddy
Pankaj R Patel
PNC Menon & Sobha Menon
Pradeep Jain
Praful A Shah
Praful Nanji Satra
Prakash Amrut Mody & Anita Prakash Mody
Pramod Chaudhari
Prannoy Roy & Family
Prathap Reddy
Pravin Patel Patel
Prayasvin Patel & Family
Prem Kishan Gupta
Prem Singhee & Padam Singhee
Premjit Singh
Prithviraj, Sajjan & Naveen Jindal
Priyamvada Birla Estate
PRS Oberoi
Pujit Aggarwal & Ravi Kiran Aggarwal
Punit Beriwala
Puranmal Agrawal
Purnandu Jain
Qimat Rai Gupta
R K Garg
R K Somany
R L Malhotra & Ashok Malhotra
R N Agrawal
R N Shetty
R P Goenka
R S Agarwal
R Vijaykumar
Raghav Bahl
Raghavendra Rao K
Raghu Modi
Rahul Bajaj
Rajan Handa
Rajan Nanda
Rajan Raheja
Rajendra Pawar & Associates
Rajesh Arora
DECEMBER 2007 z Business Standard
Rank
2007
Wealth Rs cr
August, 07
414
64
424
145
267
253
300
325
286
324
506
96
58
186
471
220
318
77
131
336
196
316
94
405
339
106
72
42
44
477
391
281
162
144
161
103
166
223
184
523
11
112
98
155
233
512
437
108
413
327
330
386
530
57
135
443
43
307
459
20
509
355
51
122
516
165.61
2980.96
162.24
1148.08
440.90
467.72
336.85
286.83
365.55
288.11
114.40
2200.23
3368.49
730.02
132.98
578.41
302.03
2685.34
1305.75
274.62
651.45
304.81
2212.58
175.99
269.61
1800.75
2800.52
4708.93
4362.80
130.96
188.05
377.52
921.10
1152.64
927.18
1872.36
882.08
571.76
745.82
105.23
17989.94
1714.95
2080.21
1002.05
542.90
110.22
155.64
1758.84
166.24
285.31
277.17
192.89
101.23
3370.68
1242.85
151.44
4694.61
321.10
141.81
8419.45
112.42
249.10
3676.81
1411.78
108.85
PROMOTERS
Rajesh Jasvantrai Mehta & Family
Rajesh Mittal
Rajhoo Barot
Rajinder Gupta
Rajiv Mody
Rajiv Rattan
Rajju D Shroff
Rajkumar Adlakha
Rajnikaht S Ajmera
Rajul Jhaveri
Rajya Vardhan Kanoria & Family
Rakesh Jhunjhunwala
Rakesh Kumar Wadhawan
Ram Chandra Agarwal
Ram Sharan Sanghi
Ramesh Babu Potluri & TVVSN Murthy
Ramesh Chand Garg
Ramesh Chandra
Ramesh Suri
Rana Kapoor
Ranjitsinh A Parmar
Rasesh B Kanakia
Ratna Jain,Shailesh Jain & Rajesh Jain
Ratnakar M Gutte
Ravi Puravankara
Ravindra & Murali B Agarwal
Ravindra Kumar Rishi & Family
Reji Abraham
Rishi Raj Agarwal
Rohinton Screwvala
Rohtas Goel & Family
Rupesh K Savla
S Gopalakrishnan
S K Bajoria
S K Bangur
S K Birla
S M Agarwal
S P Jain
S P Oswal
S P Vasireddi
S Parthsarathy
S Parvathi
S S Bhartia
S S Jindal
S V Balasubramaniam
Sajjan Bhajanka & Sanjay Agarwal
Saket Agarwal
Salil Anupendra Chaturvedi
Sameer Gehlaut
Samir Jain & Family
Sampatraj L Chowdhary
Sanat M Shah
Sandeep Jajodia & Family
Sandip & Sanjay Jhunjhunwala
Sanjay Dalmia
Sanjay S Lalbhai
Sanjeev Bikhchandani
Sanjeev Mansotra & Sundar Dua
Sanjiv Goyal
Sanjiv Saraf
Sanmar
Saroj Agarwal
Satya Narian Prakash Punj & Family
Satyanarayan Nuwal
Saurabh Mittal
Rank
2007
Wealth Rs cr
August, 07
127
392
312
362
347
113
66
410
124
419
510
88
18
163
159
444
277
7
522
290
273
351
292
452
19
479
488
26
345
236
38
517
55
468
329
438
219
31
203
505
499
474
86
245
274
183
111
235
59
71
481
370
198
231
123
255
132
226
359
252
348
352
46
349
117
1366.85
187.27
313.38
232.11
258.78
1683.50
2904.09
167.92
1405.32
164.01
111.59
2374.80
8843.49
902.34
969.27
151.37
400.38
30138.52
105.56
352.50
410.00
253.16
349.37
147.38
8591.77
128.95
121.89
6553.88
259.40
526.25
4922.42
108.61
3548.63
135.14
279.72
154.59
581.38
5587.99
624.67
114.47
117.11
131.73
2393.27
494.54
407.48
749.31
1737.31
535.03
3366.00
2820.12
128.69
215.88
647.45
552.62
1408.57
466.48
1299.40
561.67
240.41
468.71
256.82
251.09
4296.20
255.14
1566.40
The Billionaire Club METHODOLOGY
PROMOTERS
Saurabh Tayal & Family
SD Shibulal
Shamrao Chougule & Family
Shantanu Prakash
Shapoor P Mistry
Shashi & Ravi Ruia
Shashi Chand Jain
Shashi Kiran Shetty
Shashikant Patel
Shiv Nadar
Shivaji Ramchandra Mohite
Shivanand Shankar Mankekar
Shobhana Bharatiya
Shyamsunder Shah
SN Kirloskar
Somani & Family
Soshil Kumar Jain & Ravinder Jain
Sriram Thygaraj
Subash Menon
Subhash Chandra
Subhash Ghai
Subrata Roy Sahara
Subroto Bagchi
Sudarshan Kumar Saraf
Sudhir Mehta
Sudhir Reddy & Family
Sudhir Shankar Moravekar
Sudip Dutta & Aarti Dutta
Sunder G Advani
Sunder Genomal & Family
Sunder Lal Dugar
Sunil H Pophale & Sunita Ramnathkar
Sunil Mittal
Sunil Rajadhyakasha
Surender Singh Kandhari
Suresh G Kare
Suresh Kumar Patni
Suresh N Bhatnagar
Suresh Neotia
Suresh Sharma
Sushil Ansal
Sushil Suri
T T Jagannathan
T V Sandeep Kumar Reddy
T Venkattram Reddy & Family
Tasneef Ahmad Mirza
Tayal Family
Tulsi R Tanti
Uday Kotak
Udayant Malhoutra
Urvi Piramal
Usha S Shah & Suresh H Shah
V C Burman & Family
V C Nannapaneni
V N Dhoot & Family
V Satish Kumar & V Madhavi
V. Ramakrishna
Venkata Srinivas Meenavalli & Family
Venkateswara Raju Lakamraju
Venkateswarlu Jasti
Venu Srinivasan & Suresh Krishna
Vidya M Chhabria
Vijay Agarwal & Mona Agarwal
Vijay Choraria
Vijay Kumar Choudhary & Family
Rank
2007
Wealth Rs cr
August, 07
47
90
315
68
262
27
511
125
140
12
525
294
91
385
37
497
115
102
412
17
472
261
454
422
54
197
520
169
492
296
521
524
4
476
529
407
503
365
157
360
99
409
450
436
56
470
172
9
15
310
116
270
23
387
29
418
382
179
373
344
73
393
282
430
229
4229.39
2334.07
307.80
2857.84
453.44
6003.57
110.55
1397.93
1196.13
15131.01
104.57
343.70
2325.55
193.67
4996.72
117.74
1610.62
1877.36
166.30
9509.58
132.56
454.40
144.94
162.80
3562.00
650.66
106.05
846.98
120.78
339.46
105.91
104.69
73428.80
130.99
101.71
171.19
115.28
226.26
983.80
239.99
2051.47
169.02
149.15
155.88
3406.78
133.57
813.80
25765.00
10908.84
314.33
1592.70
427.79
7258.70
191.43
5642.14
164.15
202.03
781.19
212.03
262.11
2780.83
187.00
375.08
158.97
554.23
PROMOTERS
Rank
2007
Wealth Rs cr
August, 07
341
496
501
13
193
467
508
350
134
394
190
257
168
192
260
182
425
89
353
63
32
304
280
334
267.09
118.16
115.83
14235.76
681.79
135.16
113.91
254.40
1282.58
185.01
704.69
460.35
867.35
690.18
456.46
766.30
161.92
2339.56
250.67
3152.87
5350.75
322.46
392.74
275.68
Vijay Kumar Gupta
Vijay Kumar Jatia
Vijay Kumar Lunawath
Vijay Mallya
Vijaypat Singhania
Vimal K Patel
Vinay Reddy & Jaykumar Khanderao Pathare
Vinayak Bhagwan Kulkarni
Vineet, Vinod & Vikram Kashyap
Vinit Kumar
Vinita & Bhavik Nikhil Merchant
Vinod Doshi
Vinod Parasam Ramnani
Vishnu R Dusad & Madhu Dusad
Vishnubhai M. Patel & Shantaben V Patel
Vishwanath L Agarwal
Vithal V Kamat
Vivek Chaand Sehgal
Vivek Talwar
Vyomesh M Shah & Mahipatray V Shah
Y K Hamied
Y Rajeev Reddy
Yadu Hari Dalmia
Zia Jaydev Mody
Business Standard The Billionaire Club
FORM IV (see Rule 8)
1. Place of Publication
2. Periodicity of its Publication
3. Printer’s Name
Nationality
Whether a citizen of India ?
If a foreigner, the country of origin
Address
4. Publisher’s Name
Nationality
whether a citizen of India ?
If a foreigner, the country of origin
Address
5. Editor’s Name
Nationality
whether a citizen of India ?
If a foreigner, the country of origin
Address
6. Names and addresses of individuals
who own the newspaper and partners
or shareholders holding more than
one percent of the total capital
New Delhi
Annual
Salil Kumar Dutta
Indian
Yes
N/A
Nehru House 4, Bahadur Shah Zafar Marg New Delhi - 110 002
Salil Kumar Dutta
Indian
Yes
N/A
Nehru House 4, Bahadur Shah Zafar Marg New Delhi - 110 002
T N Ninan
Indian
Yes
N/A
Nehru House 4, Bahadur Shah Zafar Marg, New Delhi - 110 002
Owner:
Business Standard Limited
Nehru House, 4 Bahadur Shah Zafar Marg,
New Delhi - 110 002.
Shareholders holding more that one percent of the total capital: The
Great Eastern Shipping Company Limited, Ocean House,
134/A Dr. Annie Besant Road, Worli, Mumbai 400 018;
T N Ninan Jtly Sevanti Ninan, Flat No.2B 1/23, Shantiniketan,
New Delhi- 110 021; Kotak Mahindra Investments Limited,
88A Nariman Bhavan, 227 Nariman Point, Mumbai 400 021;
Cumulus Trading Company Pvt. Ltd.,240 Navsari Building, Ist Floor,
D N Road, Fort Mumbai - 400 001; Multifaced Finstock
Pvt. Ltd., 240 Navsari Building, Ist Floor, D N Road,
Fort Mumbai - 400 001; Kotak Mahindra Bank Limited, 36-38A
Nariman Bhavan, 227 Nariman Point, Mumbai 400 021&
Pearson Overseas Holding Ltd., 80 Strand, London, WC2R 0RL.
I, Salil Kumar Dutta, hereby declare that the particulars given above are true to the best of my knowledge and
belief.
Date: December 2007
sd/Salil Kumar Dutta
(Publisher)
Business Standard z DECEMBER 2007