India's 40 Richest

Karmali, Naazneen; Krishnakumar, C. N.; Blakeley, Kiri; Miller, Matthew
December 2005
Forbes Asia;12/26/2005, Vol. 1 Issue 9, p56
The article presents Forbes Asia's second annual list of richest Indians. India's wealthiest citizen is again steel tycoon Lakshmi Mittal, who resides in London, England. Forbes Asia also added two low-profile, privately held fortunes: Kushal Pal Singh, whose DLF group is India's biggest real estate developer. While seven returned to the list, three--Dr. Reddy's Laboratories' Anji Reddy, Zydus Cadila's Pankaj Patel and Lupin's Desh Bandhu Gupta--dropped off because their stocks underperformed India's redhot stock market.


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