In the name of family
How some of India's biggest and oldest business groups kept the home fires burning in 2009-10.
THE O.P. JINDAL GROUP
Wealth created: Rs 59, 784 crore
Companies in BT 500: Jindal Steel & Power, Jindal SAW, Jindal South West Holdings, JSL Stainless, JSW Steel, JSW Energy
Highest Ranked Company in BT 500: Jindal Steel & Power at No. 11, a jump of three spots
Lowest ranked company in BT 500: JSL, at No. 283
What happened in fiscal 2010: Naveen Jindal has been acquiring land for a Rs 23,000 crore steel plant in Angul, Orissa. Sajjan Jindal's JSW Energy raised $580 million from public and also acquired majority stake in South African Coal Mining Holding for about Rs 382 crore.
THE ADANISWealth created: Rs 36,748 crore
Companies in BT 500: Adani Enterprises, Adani Power, Mundra Port & Special Economic Zone
Highest Ranked Company in BT 500: Adani Enterprises at No. 20, up 20 places
Lowest Ranked Company in BT 500: Adani Power at No. 34
What Happened in Fiscal 2010: A consortium led by the Adanis' Mundra Port won a bid to develop a coal handling terminal at Mormugao port in Goa
THE BAJAJs
Wealth created: Rs 29, 374 crore
Companies in BT 500: Bajaj Auto, Bajaj Holding & Investment, Bajaj FinServ, Bajaj Electricals, Bajaj Finance
Highest Ranked Company in BT 500: Bajaj Auto at No. 25, up 20 places
Lowest Ranked Company in BT 500: Bajaj Finance at No. 291
What Happened in Fiscal 2010: After an abysmal 2009, flagship company Bajaj Auto, posted record growth in sales, exports and profits. Its focus on motorcycle brands, Pulsar and Discover, helped Bajaj Auto post an overall volumes growth of about 30 per cent last fiscal resulting in wealth creation of Rs 20,411 crore
THE MAHINDRAS
Wealth created: Rs 23,124 crore
Companies in BT 500: Mahindra & Mahindra, Mahindra Satyam, Tech Mahindra, Mahindra & Mahindra Financial Services, Mahindra Holidays and Resorts, Mahindra Lifespaces, Mahindra Forgings
Highest Ranked Company in BT 500: Mahindra & Mahindra at No. 27
Lowest Ranked Company in BT 500: Mahindra Forgings at No. 445
What Happened in Fiscal 2010: The group took over troubled IT firm Satyam and made its presence felt in the Indian IT space
THE GODREJs
Wealth created: Rs 12,144 crore
Companies in BT 500: Godrej Consumer Products, Godrej Industries, Godrej Properties
Highest Ranked Company in BT 500: Godrej Consumer Products at No. 75, 26 places up from last year
Lowest Ranked Company in BT 500: Godrej Properties at No. 161
What Happened in Fiscal 2010: The Godrejs steered the group through multiple acquisitions, an IPO and entered new businesses. In the consumer business, the company expanded its international operations by acquiring companies in Nigeria and Indonesia
Wealth created: Rs 59, 784 crore
Companies in BT 500: Jindal Steel & Power, Jindal SAW, Jindal South West Holdings, JSL Stainless, JSW Steel, JSW Energy
Highest Ranked Company in BT 500: Jindal Steel & Power at No. 11, a jump of three spots
Lowest ranked company in BT 500: JSL, at No. 283
What happened in fiscal 2010: Naveen Jindal has been acquiring land for a Rs 23,000 crore steel plant in Angul, Orissa. Sajjan Jindal's JSW Energy raised $580 million from public and also acquired majority stake in South African Coal Mining Holding for about Rs 382 crore.
Gautam Adani: On a winning streak
Companies in BT 500: Adani Enterprises, Adani Power, Mundra Port & Special Economic Zone
Highest Ranked Company in BT 500: Adani Enterprises at No. 20, up 20 places
Lowest Ranked Company in BT 500: Adani Power at No. 34
What Happened in Fiscal 2010: A consortium led by the Adanis' Mundra Port won a bid to develop a coal handling terminal at Mormugao port in Goa
Rahul Bajaj: Riding growth
Wealth created: Rs 29, 374 crore
Companies in BT 500: Bajaj Auto, Bajaj Holding & Investment, Bajaj FinServ, Bajaj Electricals, Bajaj Finance
Highest Ranked Company in BT 500: Bajaj Auto at No. 25, up 20 places
Lowest Ranked Company in BT 500: Bajaj Finance at No. 291
What Happened in Fiscal 2010: After an abysmal 2009, flagship company Bajaj Auto, posted record growth in sales, exports and profits. Its focus on motorcycle brands, Pulsar and Discover, helped Bajaj Auto post an overall volumes growth of about 30 per cent last fiscal resulting in wealth creation of Rs 20,411 crore
Anand Mahindra: Into new ventures
Wealth created: Rs 23,124 crore
Companies in BT 500: Mahindra & Mahindra, Mahindra Satyam, Tech Mahindra, Mahindra & Mahindra Financial Services, Mahindra Holidays and Resorts, Mahindra Lifespaces, Mahindra Forgings
Highest Ranked Company in BT 500: Mahindra & Mahindra at No. 27
Lowest Ranked Company in BT 500: Mahindra Forgings at No. 445
What Happened in Fiscal 2010: The group took over troubled IT firm Satyam and made its presence felt in the Indian IT space
Jamshyd (left) & Adi: On an acquisition spree
Wealth created: Rs 12,144 crore
Companies in BT 500: Godrej Consumer Products, Godrej Industries, Godrej Properties
Highest Ranked Company in BT 500: Godrej Consumer Products at No. 75, 26 places up from last year
Lowest Ranked Company in BT 500: Godrej Properties at No. 161
What Happened in Fiscal 2010: The Godrejs steered the group through multiple acquisitions, an IPO and entered new businesses. In the consumer business, the company expanded its international operations by acquiring companies in Nigeria and Indonesia
