In spite of strong headwinds, India's richest businessmen are thriving

On top of the heap is Mukesh Ambani with a net worth of Rs 1.45 lakh crore

The rise of neo-nationalism and protectionism hangs like a sword over Indian business. Donald Trump’s promise to put “America first” and “hire American” spells trouble for the info-tech Czars and pharmaceutical tycoons. Back home, demonetisation is said to have struck a body blow to the economy. Corporate earnings are under stress. Governance issues at Tata Sons and Infosys have sullied the reputation of Indian business houses. New-age e-commerce marvels have lost value and much of their shine.

For somebody who has just landed from an unconnected planet, things wouldn’t look rosy for our captains of industry.

Yet, as the Sensex