Reliance Industries chairman Mukesh Ambani is the richest Indian for the 11th year in a row with a net worth of $47.3 billion. Wipro chairman Azim Premji retained the 2nd spot on the 'Forbes India Rich List 2018', adding $2 bn to his wealth at $21 bn. Watch BusinessToday.In video to find out more about India's richest persons.

Wipro chairman Azim Premji retained the second spot on the 'Forbes India Rich List 2018', adding $2 billion to his wealth at $21 billion.

This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and India's regulatory agencies.

Lessons from the failure of some of India's biggest business names.

He was taken to the hospital after he complained of uneasiness and breathlessness because of a chest infection.

The development is a hugely positive development both for Sun Pharma and for Indian pharma. From a sentiment perspective, it is significant given that the company has been finally able to get its facility cleared after three years.

Just prior to the results, on May 23, Sun Pharma had announced that the US drug regulator USFDA (US Food and Drug Administration) approved Yonsa, its drug to treat a kind of prostate cancer.

India is making new records in road construction. This makes some companies good investments.

Amid the global clash between Saudi - led OPEC & US shale oil producers, India is crafting a balanced strategy to minimise the economic shocks of rising oil prices.

With USD 8.8 billion, Savitri Jindal is the richest Indian woman on the list.

Unitech is facing huge protest from home buyers because of delay in completion of about 70 projects. Earlier this week, the Supreme Court stayed NCLT order allowing the Centre to take over the management of Unitech.

Pharma stocks continue to underperform as policy uncertainty adds to the toll taken by USFDA and market challenges.