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October 17, Tuesday 2017 7:40 AM       

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       Forbes terms Patanjali's Acharya Balkrishna as 19th richest Indian
 
         Posted on :17:23:52 Oct 5, 2017
   
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       Last edited on:17:23:52 Oct 5, 2017
         Tags: Forbes, Acharya Balkrishna as 19th richest In
 

NEW DELHI: Patanjali Ayurveda's Acharya Balkrishna, a close associate of yoga guru Ramdev, has made a big jump from 45th place last year to 19th this year, with a net worth of $6.55 billion (around Rs. 43,000 crore), in the Forbes magazine's Annual India Rich List 2017.

Reliance Industries Ltd. chief Mukesh Ambani sustained India's wealthiest position for the 10th straight year as his net worth swelled to $38 billion (nearly Rs. 2.5 trillion).

Wipro's Azim Premji held the second position with a net worth of $19 billion, moving up two places from last year.

Sun Pharma's Dilip Shanghvi moved down from his earlier second place to the ninth.

The Hinduja brothers are at the third position with $18.4 billion, while Lakshmi Mittal is now ranked fourth ($16.5 billion) and Pallonji Mistry fifth ($16 billion).

Anil Ambani, Mukesh's younger brother, was ranked much lower at the 45th place with $3.15 billion.

Forbes said the list was compiled using shareholding and financial information secured from the families and individuals, stock exchanges, analysts and regulatory agencies.

The 100 wealthiest on this year's list are all billionaires.

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       BUSINESS
Next Article: Sensex starts on a positive note, domestic buying builds
 
 
BUSINESS HEADLINES
Reliance Retail to be biggest threat to Amazon, Flipkart: Pai  
India undergoing 'exciting digital transformation: IMF  
Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts  
Digital India to contribute 30pct to India's GDP by 2025  
Bring real estate under GST: Sisodia writes to Jaitley  
IMF favors three structural reforms in India  
India must go for pollution-free methanol as fuel: Gadkari  
Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai  
Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials  
Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%  
Sensex climbs 211 pts on positive economic data points  
RBI sets rupee reference rate at 65.1003 against US dollar  
Bringing real estate under GST will be a 'disaster': Congress  
Sensex soars 348 pts, all eyes on macro data  
Govt to discuss bringing real estate under GST in Nov: Jaitley  
Sensex moves up 113 pts, Nifty climbs above 10,000  
Direct tax collections for FY 2017-18 up by 15.8 per cent  
India seeks global investments in energy sector: Dharmendra Pradhan  
Sensex ends with losses, fails to keep early lead  
Gujarat cuts VAT on petrol, diesel; Cong sees poll angle  
Sensex starts off high, Nifty regains 10k mark  
Revival of gas power plants to boost consumption: Pradhan  
MFs bet most on government securities: ASSOCHAM  
Idea Cellular tops Trai's 4G upload speed rankings in Sep  
Jaitley headed for US for IMF-World Bank meets  
 
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