He joined the league of the Ambani brothers, the other two trillionaires of India, only to see a fall of $1.9 billion in his net worth. Similarly, in July this year, Azim Premji received the coveted honour of being listed among the ‘world’s greatest entrepreneurs of all time’ by Business Week. The only person from India, Premji got a place amongst the likes of Bill Gates, Michael Dell, Steve Jobs and others. Premji, a Padma Bhushan recipient in 2005, has also been featured in the list of “world’s 25 billionaires who changed lives of people” (Financial Times). Last fortnight, he lost over $1billion in the equity market carnage. Mukesh Ambani, Chairman of Reliance Industries Limited, saw the biggest fall in net worth at a whopping $2.6 billion. Just a few days ago, he had received good news over his proposed SEZ front, finally managing to get the government approval for the SEZ.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)
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