The Mittal family stake has shot up to £14.881 billion ($26.517 billion), according to the Sunrise Rich List.
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Top ten billionaires in India.
Indian steel tycoon Lakshmi N Mittal on Monday rubbished media reports here suggesting that he had bid for an iconic mountain range in Britain.
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
Anish Kapoor's Descension, first envisioned for the 2014-2015 Kochi-Muziris Biennale, has now been installed as a large-scale outdoor piece in Brooklyn.
News of all that's transpired on and off the football field
59 of the 101 millionaires have seen an overall increase in net worth.
Posco will have to bid for an iron ore licence to feed its plant.
The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of 81 million in the year ended March 31, 1999
Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
Reliance Industries chairman Mukesh Ambani continues to top India's richest list, according to the Hurun India Rich List 2014.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
The British government has been under pressure to help a sale process go through after Tata said it would sell its British business.
Britain's traditionally anti-EU media have blamed Brussels for preventing London from taking greater steps to protect the industry.
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
Relatives of five Indian passengers, travelling by the missing Malaysia Airlines plane, are anxiously waiting for any information about the fate of the aircraft and their loved ones.
Political stability and a couple of big projects are pluses, but focus on medium and small industries is still missing.
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Indian CEOs might like to make some serious course correction.
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