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Mukesh Ambani is still the richest Indian on Forbes 2011 list while brother Anil drops out of top 10 for the first time since 2004. The collective net worth of the country's 100 wealthiest individuals stands at $241 billion, down from $300 billion in 2010.

Ethnic foods are aiming for the big time, and investors are pouring money into them.
With rising commodity prices putting pressure on its margins, Godrej Consumer Products hints at an imminent price hike.