billion 09 02

final2008

TOP EARNERS

Name DesignationHariharan Padmanabhan Whole-time DirectorBert O'Donoghue Managing DirectorReji Abraham Managing DirectorRavi Uppal Chairman & Additional DirectorVivek Mohan Managing DirectorP M Patel Managing DirectorT M Patel Executive DirectorRishi Agarwal Chairman & DirectorRajinder Gupta Managing DirectorSumit Banerjee Managing DirectorVijay Agarwal CMDMona Agarwal Whole-time DirectorRajesh S Adani Managing DirectorPradeep Mittal Whole-time DirectorManmohan Shetty Managing DirectorV G Kutty Managing DirectorV R Kaundinya Managing DirectorS K Hazra Managing DirectorHemant M Shah Executive ChairmanVyomesh M Shah Managing DirectorChirayu R Amin CMDMalika C Amin Whole-time DirectorRajkumar Baheti Director, President (Fin) & CSShashi Kiran Shetty CMDAshok B Jiwrajka Chairman & Whole-time DirectorChandrakumar Bubna Whole-time DirectorDilip B Jiwrajka Whole-time DirectorSurendra B Jiwrajka Joint Managing DirectorAlla Dinesh Managing DirectorJayadev Galla Managing DirectorA C Singhvi Managing DirectorA L Kapur Managing DirectorP B Kulkarni Whole-time DirectorN P Ghuwalewala Whole-time DirectorB L Tapraia Whole-time Director & CSCA S Muralidharan Director - FinanceIndrajit Sengupta Director - PersonnelKallol Datta CMDR K Sikdar Director - PlanningPurnandu Jain CMDDeepak Ansal CMDKushagr Ansal Whole-time DirectorSushil Ansal Chairman & Whole-time DirectorC N Desai Joint Managing DirectorKushal N Desai Managing DirectorPrathap C Reddy Executive ChairmanPreetha Reddy Managing Director

final2008

Suneeta Reddy Executive Director - FinanceOnkar S Kanwar CMDNeeraj Kanwar Vice Chairman & Joint MDSanjay S Lalbhai CMDJayesh K Shah Director & CFOShiv Jatia Managing Director - NorthSushil Gupta Managing Director - WestUmesh Saraf Managing Director - EastJiri Kobos General ManagerRoger Lienhard General ManagerTimothy Bruce General ManagerAshwin S Dani VC & MDAbhay Vakil Managing DirectorAshwin Choksi ChairmanM M Mustapha Managing DirectorP J Nayak Chairman & CEOV K Ramani Executive DirectorM M Agarwal Executive DirectorR Ashok Kumar Executive DirectorRahul Bajaj ChairmanMadhur Bajaj Vice ChairmanRajiv Bajaj Managing DirectorSanjiv Bajaj Executive DirectorShishir Bajaj CMDI D Mittal Executive DirectorEkta Kapoor DirectorShobha Kapoor Managing DirectorJeetendra Kapoor ChairmanR K Jena Joint Managing DirectorGautam Thapar ChairmanR R Vederah Managing DirectorB Hariharan Group Director - FinanceVivek Saraogi Managing DirectorMeenakshi Saraogi Joint Managing DirectorS V Balasubramaniam CMDPrasad Chandran CMDMarcelo Villagran Managing DirectorS Sinha Director - FinanceStephan Gerlich VC & MDChristiane Kunze Whole-time DirectorVineet Jain Managing DirectorRavi Dhariwal Whole-time DirectorB G Raghupathy CMDDevendra Surana Managing DirectorNarendra Surana Managing DirectorNikhil J Danani VC & MDNakul P Mehta VC & MDB N Kalyani CMDG K Agarwal Deputy Managing DirectorAmit B Kalyani Executive Director

final2008

P K Maheshwari Executive DirectorS E Tandale Executive DirectorB P Kalyani Executive DirectorP C Kapoor Managing DirectorVijay Kumar Managing DirectorRakesh Bharti Mittal VC & MDA Krishnamoorthy CMDSushil Bhatter Managing DirectorShrikumar Suryanarayanan President - R&DArun Chandavarkar COOKiran Mazumdar Shaw CMDRakesh Bamzai President - MarketingMurli Krishnan K N President - FinanceNiteen M Guptee MD & CEOAshok M Advani CMDSuneel M Advani VC & MDSatish Jamdar Deputy Managing DirectorT Gouri Sankara Babu Deputy Managing DirectorA Panjwani Managing DirectorP V Kuppuswamy Joint Managing DirectorNess N Wadia Joint Managing DirectorSurya Kant Gupta Executive DirectorRakesh Kapoor Managing DirectorM R Jaishankar CMDGitha Shankar Whole-time DirectorVinita Bali Managing DirectorRajnikant Patel MD & CEOAnand Kripalu Managing DirectorSanjay Purohit DirectorGirish Bhat DirectorPankaj R Patel CMDSharvil P Patel Deputy Managing DirectorRahul Dhir MD & CEOLawrence W Smyth Executive Director & CEOIndrajit Banerjee Executive Director & CFON K Kshatriya CMDA S Ramchander DirectorChalla Rajendra Prasad CMDParas K Chowdhary Managing DirectorMandy Pidgeon VP - TechnicalB L Jain Whole-time DirectorM A M R Muthiah Managing DirectorH V Kanoria Chairman, MD & CEOL K Malhotra CMDLuv Malhotra Executive DirectorAtul Pande Managing DirectorAmar Lulla Joint Managing DirectorY K Hamied CMDM K Hamied Joint Managing DirectorH Meier VC & MD

final2008

Tilak Raj Mehta CMDR Sarabeswar Chairman & CEOS Sivaramakrishnan Managing DirectorV G Janarthanam Director - OperationsV Ravichandran Managing DirectorR Mukherjee PresidentY Rajeev Reddy CMDS Ravi Managing DirectorRoopa Kudva MD & CEDS M Trehan Managing DirectorSunil Duggal Executive Director & CEOP D Narang Director - Corporate AffairsAjay K Vij Whole-time DirectorY H Dalmia Vice ChairmanJai H Dalmia Vice ChairmanPuneet Dalmia Managing DirectorGautam Dalmia Joint Managing DirectorN Gopalaswamy DirectorAjay S Shriram Chairman & Senior MDVikram S Shriram VC & MDBakul Jain Managing DirectorPramod Kumar Jain Managing DirectorShashi Chand Jain CMDVandana Jain Executive DirectorM B Raju Executive ChairmanP Parvathi Managing DirectorT Venkattram Reddy ChairmanT Vinayak Ravi Reddy Vice ChairmanP K Iyer Managing DirectorS C Mehta VC & MDGautam Vir MD & CEOJanmejay R Vyas Managing DirectorMurali K Divi CMDN V Ramana Executive DirectorJangoo Dalal MD & CEOVenkatchalam Ramaswamy Executive DirectorRashesh Shah CMDSiddhartha Lal MD & CEOA Ramasubramanian Chief ExecutiveP Rama Babu Managing DirectorP R S Oberoi Chairman & CEOS S Mukherji Vice ChairmanArjun Oberoi Joint Managing Director - DevelopmentVikram Oberoi Joint Managing Director - OperationsJ Saxena CMDN C Bahl Whole-time DirectorR S Agarwal ChairmanShailesh S Jain Managing DirectorRajesh S Jain CMDKrishna Kumar Karwa MD & CFO

final2008

Prakash Kacholia Managing DirectorA P Parigi Managing DirectorSudip Dutta CMDA R Ramakrishnan Whole-time DirectorAshok Kumar Goel VC & MDD Khaitan Executive VC & MDS Saha Whole-time DirectorPrem Kumar Khurana CMDT V Ramanathan MD & CEOG Chatterjee DirectorP K Kataky DirectorKolf Wihelm Executive Director - OperationMurdock Ray Rustin MD & CFOArun Anand Executive DirectorJ K Jain CMDJignesh Shah CMDDewang Neralla Executive DirectorD K Chhabria Managing DirectorP P Chhabria ChairmanV K Chhabria Deputy Managing DirectorK P Chhabria Executive Vice ChairmanPraksh P Chhabria Managing DirectorFarouk Irani Managing DirectorAnanda Mukerji MD & CEORaju Venkatraman Joint Managing Director & COOShivinder Mohan Singh MD & CEOSameer Sain MD & CEOAbhijit Rajan CMDBhupatrai G Gandhi Joint Managing DirectorManhar G Gandhi CMDPraful A Shah CMDAshok B Garware Chairman & Whole-time DirectorAditya A Garware VC & MDMahendra Agarwal MD & CEOC J George Managing DirectorR S Jalan Managing DirectorP Sampath Managing DirectorTej Malhotra Executive Director - OperationSubhash Bansal Whole-time DirectorGracias Saldhana ChairmanGlenn Saldanha MD & CEOG M Rao Executive ChairmanG B S Raju Managing DirectorK K Modi President & Executive DirectorAdi B Godrej CMDHoshedar Press Whole-time DirectorN B Godrej Managing DirectorV F Banaji Whole-time DirectorM Eipe Whole-time DirectorT A Dubash Whole-time Director

final2008

Balvantsinh C Rajput CMDKanubhai J Thakkar Managing DirectorLalit Kumar Poddar Managing DirectorK K Bangur ChairmanN Venkataramani Executive DirectorKumar Mangalam Birla ChairmanShailendra K Jain Whole-time DirectorRathi D D Whole-time Director & CFOBharat K Sheth Deputy Chairman & MDK M Sheth Executive ChairmanRavi K Sheth Executive DirectorVijay K Sheth VC & MDP Sachdev MD & CEOKaran Thapar ChairmanA Y Mahajan Managing DirectorZubair Ahmed Managing DirectorG K Chakraborty Director - FinancePraveen K Gupta Whole-time DirectorHasit B Joshipura Managing DirectorM B Kapadia Senior Executive DirectorManish Gupta Managing DirectorVijaykumar Gupta CMDV K Jain Managing DirectorArun Kumar Jagatramka VC & MDRajesh Gupta Director - FinanceA J Prasad CMDK G Tendulkar Deputy Managing DirectorS K Fotedar Executive Director - TechnicalArun Batra PresidentA Robert Anthony Executive Vice PresidentPraveen Sood Group CFORavi Jhunjhunwala CMDJai Hiremath VC & MDMohan Rao PresidentSanjay Somany Managing DirectorMukul Somany Joint Managing DirectorS K Nevatia CMDD Bhattacharya Managing DirectorSunirmal Talukdar CFOV Mahadevan Managing DirectorA P Hinduja Executive ChairmanR K Somany CMDSandip Somany Joint Managing DirectorD Sundaram Vice ChairmanDeep Kapuria CMDH M Chitale Vice ChairmanDinesh Nair Joint Managing DirectorVivek Nair VC & MDCapt C P Krishnan Nair ChairmanShobhana Bhartia Chairperson & Editorial Director

final2008

Sameer Manchanda Joint Managing DirectorRajiv L Jain MD & CEOPranab Kumar Choudhury VC & Group CEONaresh Takkar Managing DirectorG Balal Reddy CMDSanjeev Aga Managing DirectorAnil Jhala CFOAmbrish P Jain COOHimanshu Kapania COOS K Bajoria Managing DirectorP Bajoria Director & CEOShahzaad Dalal VC & MDArchana Hingorani Executive DirectorJames Leslie Whiteford Whole-time DirectorSubhrakant Panda Managing DirectorBaijayant Panda Vice ChairmanB Panda Executive ChairmanN Srinivasan VC & MDN Ramachandran Executive DirectorU S Bhartia CMDM L Bhartia CMDNirmal Jain CMDRajiv Rattan Whole-time DirectorSameer Gehlaut Whole-time DirectorGagan Banga Whole-time DirectorDivyesh B Shah Whole-time DirectorRaymond N Bickson Managing DirectorSaher Pervez Pestonji Senior OperatorPoupon Yannick Area DirectorShukla Prakash Senior VP -TechnologyGoel Anil P CFOA K Misra Senior VP -Sales & MktRajas R Doshi CMDSanjeev S Parasrampuria Executive DirectorO P Lohia CMDVishal Lohia Whole-time DirectorR K Malhotra Chief Executive & PresidentRomesh Sobti MD & CEOR S Agrawal Managing DirectorHitesh Oberoi Whole-time Director & COOSanjeev Bikhachandani MD & CEOPrakash Iyer Managing DirectorSrinath Batni DirectorBVR Mohan Reddy CMDVaughn Nigel Richtor MD & CEOD L Mirchandani CMDPremschand Godha Managing DirectorM R Chandurkar Whole-time DirectorB R Taneja Director & CEOV K Mittal VC & MD

final2008

Anil Sureka Executive Director - FinanceVinod Garg Executive Director - CommercialE Sunil Reddy Managing DirectorE Sudhir Reddy CMDAnil B Jain Managing DirectorAjit B Jain Joint Managing DirectorAshok B Jain Vice ChairmanAtul B Jain Director - MarketingManoj Gaur Executive Chairman & CEOSunil Kumar Sharma Executive Vice ChairmanS K Arya CMDDinesh B Mody Whole-time Director - AdminJyotindra B Mody CMDShirish B Mody Whole-time Director - MarketingBhagirath Arya ChairmanS C Saxena Managing DirectorSminu Jindal Managing DirectorNaveen Jindal Executive VC & MDYadupati Singhania MD & CEOVinita Singhania Managing DirectorBharat Hari Singhania VC & MDS Chouksey Whole-time DirectorS K Wali Whole-time DirectorHarsh Pati Singhania Managing DirectorHari Shankar Singhania ChairmanRatan Jindal VC & MDSajjan Jindal VC & MDN K Jain AdvisorJugal Kishore Tandon Director - ProjectsSeshagiri Rao M V S Director - FinanceHari S Bhartia Co-Chairman & Managing DirectorShyam S Bartia CMDJ M Khanna Executive DirectorShyam Bang Executive DirectorSankaraiah R Executive Director - FinanceM P Ramachandran CMDK Ullas Kamath Deputy Managing DirectorK R Thakur Managing DirectorK V Mani Managing DirectorAjay A Munot Executive DirectorManish Mohnot Executive DirectorC G Patankar Executive DirectorR V Kanoria CMDH M Bharuka Managing DirectorIndira Dutt V L Joint Managing DirectorV L Dutt CMDKavita Dutt Chitturi Executive DirectorV Gandhi Technical DirectorR D Chandak Managing DirectorAnil Gupta CMD

final2008

A H Firodia ChairmanSanjay Kirloskar CMDR V Gumaste Managing DirectorAtul C Kirloskar CMDRahul C Kirloskar DirectorGautam A Kulkarni Joint Managing DirectorR R Deshpande DirectorC Jayaram Executive DirectorDipak Gupta Executive DirectorUday Kotak Executive VC & MDK P D Sigamani Managing DirectorK P Ramasamy ChairmanP Nataraj Managing DirectorD Jayavarthanavelu CMDVenkatrangappan R Whole-time DirectorSanjay Jayavarthanavelu Whole-time DirectorG Venkatesh Babu Managing DirectorG Bhaskara Rao Executive Vice ChairmanL Madhusudhan Rao Executive ChairmanD V Rao Joint Managing DirectorS C Manocha CEOAndrew Macaulay Executive Vice PresidentShakti Chakraborthy Executive Vice PresidentSudarshan K Arora PresidentVinod Dhawan PresidentNaresh Gupta PresidentNilesh Gupta PresidentHarish Narula PresidentRajan Dutta PresidentD B Gupta Chairman Kamal K Sharma Managing DirectorVidyashankar Krishnan Managing DirectorK Venkatramanan Joint Managing DirectorSangeeta C Pardhanani Managing DirectorRajiv Beri Non Executive DirectorP R Ramasubrahmaneya Rajha CMDRamesh Ramanathan Managing DirectorB K Agarwalla ChairmanR C Mansukhani Chairman & Whole-time DirectorJ C Mansukhani VC & MDS S Shah VC & MDP S Shah Managing DirectorG R K Reddy CMDHarsh Mariwala CMDHirofumi Nagao Joint Managing DirectorShuji Oishi Director - Marketing & SalesAnaljit Singh ChairmanB Anantharaman Joint Managing DirectorAditya Khaitan Managing DirectorV K Verma Director

final2008

Srinivash Singh Managing DirectorAtul J Agarwal Joint Managing DirectorHarish Kumar Mittal CMDMarek Dziki Managing DirectorG L Mirchandani CMDV J Mansukhani DirectorDeepak Puri Managing DirectorRatul Puri Executive DirectorDeepak Jayant Patel Managing DirectorK M Philip Whole-time DirectorArun Mammen Managing DirectorH Nandi Managing DirectorS Narayanan CMDSubhash Ghai CMDGautam S Adani Chairman, MD & CEOYogesh Munjal Managing DirectorBradley R Taylor CFOA A V Ranga Raju Managing DirectorA V S Raju Chairman EmeritusA S N Raju Whole-time DirectorA G K Raju Executive DirectorA V N Raju Whole-time DirectorJ V Ranga Raju Whole-time DirectorR N Raju Whole-time DirectorKamal Oswal VC & MDDinesh Oswal Managing DirectorV C Nannapaneni CMDP Trivikarma Prasad Executive DirectorD Ashok CMDKVL Narayan Rao Whole-time Director & CEOJ Joseph Managing DirectorSumant J Patel CMDMartial G Rolland CMDShobiner Duggal Director - Finance & ControlP Obul Reddy Managing DirectorS R Jiwarajka Joint Managing DirectorVivek Talwar Managing DirectorR Shahani VC & MDTrilochan Singh Sahney CMDRavi Narain Managing DirectorChitra Ramakrishna Deputy Managing DirectorJ Ravichandran Director & Company SecretaryVishnu R Dusad MD & CEOVed Prakash Sood Whole-time Director & CEORohtas Goel CMDSunil Goel Joint Managing DirectorArvind Parakh DirectorJai Bhagwal Goel DirectorPujit Aggarwal MD & CEORavi Kiran Aggarwal Chairman

final2008

Raghavendra Rao K Managing DirectorBhaktavatsala Rao C Deputy Managing DirectorAbhey Oswal CMDAnil Bhalla Managing DirectorAshok I Malhotra Managing DirectorC S Nopany CMDRavinder Jain Managing DirectorSoshil Kumar Jain ChairmanSandeep Jain Joint Managing DirectorRajesh Jain Joint Managing DirectorNarayan B Gad Chief Executive - FormulationsKishore Biyani Managing DirectorRakesh Biyani Whole-time DirectorVed Prakash Arya DirectorSuresh Gupta MD & CEOSandeep Aggarwal Managing DirectorSanjay Aggarwal Chairman & CEOPradeep Kumar Jain ChairmanSanjeev Kumar Jain Managing DirectorGobind Ram Gogia DirectorRajeev Jain DirectorSonal Patel Whole-time Director & COOUrvi A Piramal ChairpersonMahesh Gupta Group MDRajeev A Piramal Executive Vice ChairmanRajesh Jaggi Managing DirectorKewal Handa Managing DirectorAshok Goyal Managing DirectorC J M Reuvers Executive DirectorK Ramachandran VC & MDAlexius Mana Josephus C CEOS Venkataramani Executive DirectorJelle Rieske Senior Director - PCEMurli Sivaraman VC & MDVineet Kaul Whole-time DirectorA K Agarwal Whole-time DirectorRajiv Prasad Managing DirectorM B Parekh Managing DirectorN K Parekh Joint Managing DirectorA B Parekh Whole-time DirectorVijay Shah Managing DirectorAjay G Piramal ChairmanSwati A Priamal DirectorShashikant Patel CMDChirag Patel Whole-time Director & CEOArup Gupta PresidentPramod Chaudhari Executive ChairmanShashank Inamdar CEO & MDD S Chandramohan Reddy CMDD Vijaysen Reddy Executive Director

final2008

N Ravinder Reddy Director - OperationsPadamshi L Soni ChairmanS Khosla Managing DirectorSampathkumar R Iyengar CEOD N Sehgal DirectorR K Bahri DirectorG S Sauhta DirectorVimal Kishore Kaushik Managing DirectorAtul Punj Executive ChairmanYash Mahajan VC & MDRavi Puravankara CMDRavi Ramu Whole-time DirectorAjay Bijili CMDSatinder Singh Rekhi CMDAshok Bhatia Sales DirectorR Radikaa Chairperson & MDR Sarathkumar Director - ProductionLalit Khaitan CMDAbhishek Khaitan Managing DirectorMalvinder Mohan Singh CEO & MDBrian W Tempest DirectorAtul Sobti Whole-time Director & COONaresh Kumar Senior VPP Kumar Bhatnagar Senior VPVijay Kumar Batra Senior VPSanjeevi Dani Senior VPHimadri Sen President, R&D (Generics & NDDS)Ramesh L Adige Whole-time DirectorPrakash M Sanghvi CMDJayantilal M Sanghvi Whole-time DirectorShantilal M Sanghvi Whole-time DirectorGautam Hari Singhania CMDP K Bhandari Whole-time Director & Group PresidentHardev Singh Kohli Executive DirectorSatish Seth Vice ChairmanArvind Kapur Managing DirectorArun Kapur Joint Managing DirectorKamal K Singh CMDAtul D Tayal Whole-time DirectorAdarsh Pal Singh Joint Managing DirectorBen Eazzetta DirectorHiranaya Ashar Director - Finance & CFOAditya K Singh Joint Managing DirectorChander K Baljee Managing DirectorA B Rao Whole-time DirectorDinesh Shahra Managing DirectorNitin S Kasliwal VC & MDS Veera Reddy Managing DirectorS Sreekanth Reddy Executive DirectorS Anand Reddy Joint Managing Director

final2008

Gopal S Jiwarajka VC & MDParthiv F Patel Managing DirectorFalgunbhai C Patel CMDRavi Sanghi Managing DirectorAditya Sanghi Whole-time DirectorAlok Sanghi Whole-time DirectorBina Engineer Whole-time DirectorC P Sanghvi CMDK K Sarda CMDS Chattopadhyay Managing DirectorPraful N Satra Managing DirectorG N Mehra CMDRohit Kapur ChairmanP K Mukherjee Managing DirectorP Subramanian CMDS Sangeetha Whole-time DirectorN D Relan ChairmanAjay Relan Managing DirectorB G Bangur Executive ChairmanH M Bangur Managing DirectorM K Singhi Executive DirectorNarendra M Murkumbi VC & MDVidya M Murkumbi ChairpersonShreyas K Doshi Managing DirectorA K Taneja Whole-time DirectorDeepak Shriram Senior Vice Chairman & MDR Srinivasan Whole-time Director & CSSchubert Managing DirectorH Gelis Executive DirectorAmit Patel Managing DirectorRahul Patel Managing DirectorArun Patel Vice Chairman & Whole-time DirectorDinesh Patel Chairman & Whole-time DirectorR Makhija Managing DirectorJos Verelst Director - FinanceDominique Jacques Product & Process Engg, ManagerJ C Sharma Managing DirectorP N C Menon ChairmanRavi Menon Vice ChairmanShine V Nair PresidentSurinder Kapur CMDB Ramaswamy President & Managing DirectorKapil Puri CMDS Krishnamoorthy Managing DirectorHemant Kanoria VC & MDAshish Bharat Ram Managing DirectorKartikeya Bharat Ram Deputy Managing DirectorPrakash Challa Managing DirectorG P Goenka Chairman & Whole-time DirectorDheeraj Garg Managing Director

final2008

Navin Agarwal Executive Vice ChairmanKuldip Kumar Kaura Managing DirectorTarun Jain Whole-time DirectorPravin Agarwal Whole-time DirectorAnand Agarwal Whole-time Director & CEOAshish R Goenka Managing DirectorAnil Kumar Sethi Chairman & Executive DirectorSubhash Chand Sethi VC & MDSushil Kumar Sethi Managing DirectorShradha Suri Managing DirectorD M Reddy CEODilip S Shanghvi CMDSudhir V Valia Whole-time DirectorT Rajamannar Vice President & Whole-time DirectorKalanithi Maran CMDKavery Kalanithi Joint Managing DirectorSuresh Krishna CMDArathi Krishna Executive DirectorT T Srinivasaraghavan Managing DirectorRavi Bhardwaj VC & MDPranav Bhardwaj Joint Managing DirectorRatnakar M Gupte CMDS J Taparia Executive DirectorM P Taparia Managing DirectorV K Taparia Executive DirectorRajeev Goyal CMDAlka Goyal Executive DirectorN M Gupta PresidentTulsi R Tanti CMDP K Apte Managing DirectorV R Venkataachalam Managing DirectorV Rajasekaran Executive DirectorG V Krishna Reddy ChairmanM H Ashraff Managing DirectorPrakash Kulkarni Managing DirectorR Parthasarathy VC & MDS Sridhar CMDMadhavan Menon Managing DirectorA Mazumdar Chairman & Whole-time DirectorSumit Mazumdar MD & CEOAmit Dahanukar CMDShivani A Dahanukar Executive DirectorG W Robinson CMDJ P Chowdhary Executive ChairmanUmesh Chowdhary VC & MDBhaskar Bhat Managing DirectorN P Tolani Chairman & Managing DirectorSamir Mehta Managing DirectorC Dutt Director - Research & DevelopmentSudhir Mehta Chairman

final2008

Markand Bhatt Whole-time DirectorMurli Ranganathan Whole-time DirectorJitendra U Mamtora CMDVineet Agarwal Executive DirectorDhruv M Sawhney CMDT T Jagannathan Executive ChairmanSudhir Narang CEOAroon Purie CMDK Jayakar VC & MDAshok Chaturvedi CMDPradeep Tyle Senior President (Films)Indira Sundararajan Whole-time DirectorR Sampath CMDMisra Saurabh Managing DirectorP A Mody CMDB K Sharma Whole-time DirectorRamesh Chandra ChairmanA S Johar Whole-time DirectorAjay Chandra Managing DirectorSanjay Chandra Managing DirectorKalyan Ganguly Managing DirectorShekhar Ramamurthy Deputy PresidentDeepak Anand President - Fertilizers divisionR D Shroff CMDVikram R Shroff Executive DirectorK R Srivastava COOV K Rekhi Managing DirectorS D Lalla Jt President - Overall OperationsRavi Nedugadi President & CFOAshok Capoor Deputy PresidentAshwin Malik COORajeev Jhawar Managing DirectorP Bhattacharya Joint Managing DirectorU K Sinha Chairman & Managing DirectorShri Paul Oswal CMDArun Mehta VC & MDYudhishthir D Khatau Managing DirectorA K Agarwal Executive ChairmanN Agarwal Deputy Executive ChairmanVishambhar Saran Executive ChairmanVishal Agarwal Managing DirectorKanubhai S Patel CEO & MDKunjal L Patel VC & MDLalitkumar H Patel Executive ChairmanA Soni Managing DirectorR S Naronha Managing DirectorN Sai Sankar Finance Director & CSB K Goenka VC & MDR R Mandawewala Joint Managing DirectorM L Mittal Executive Director - Finance

final2008

B K Mishra CEO & Executive DirectorS K Bangur CMDSrivats Ram Managing DirectorS Ram CMDAzim H Premji CMDVineet Agarwal PresidentDeepak Chandnani CEOHabil Khorakiwala CMDDinesh Kumar Managing DirectorRana Kapoor MD & CEOPradeep Guha CEOPunit Goenka Whole-time DirectorDinesh Munot Managing DirectorJinendra Munot Joint Managing DirectorH S Bawa Managing DirectorAnanth Chaganty Vice President

*in Rs crore

final2008

YearCompany 2007-08*3i Infotech 2.043M India 1.20Aban Offshore 5.75ABB 1.45Abbott India 1.96ABC Bearings 1.58ABC Bearings 1.26ABG Shipyard 2.67Abhishek Inds 2.86ACC 2.06Action Constructions 2.05Action Constructions 1.24Adani Enterprises 8.68Adani Enterprises 2.93Adlabs Films 1.16Ador Welding 1.19Advanta 1.06Aegis Logistics 1.23Akruti City 2.02Akruti City 1.85Alembic 4.78Alembic 2.87Alembic 1.09Allcargo Global Logistics 1.78Alok Industries 2.65Alok Industries 2.65Alok Industries 2.65Alok Industries 2.65Alphageo (India) 1.08Amara Raja Batteries 7.92Ambuja Cements 6.86Ambuja Cements 2.31Ambuja Cements 1.80Ambuja Cements 1.54Ambuja Cements 1.14Andrew Yule & Co 6.81Andrew Yule & Co 5.80Andrew Yule & Co 5.04Andrew Yule & Co 1.34Ankur Drugs 1.23Ansal Housing 2.36Ansal Housing 1.21Ansal Properties 6.05Apar Inds 1.01Apar Inds 1.00Apollo Hospitals Enterprises 6.90Apollo Hospitals Enterprises 2.76

final2008

Apollo Hospitals Enterprises 1.73Apollo Tyres 15.54Apollo Tyres 1.56Arvind 1.28Arvind 1.23Asian Hotels 4.68Asian Hotels 4.68Asian Hotels 4.68Asian Hotels 1.78Asian Hotels 1.41Asian Hotels 1.24Asian Paints 1.94Asian Paints 1.92Asian Paints 1.92Atlas Copco 1.99Axis Bank 2.13Axis Bank 1.22Axis Bank 1.20Axis Bank 1.14Bajaj Auto 3.81Bajaj Auto 2.53Bajaj Auto 2.02Bajaj Auto 1.48Bajaj Hindustan 2.23Bajaj Hindustan 1.37Balaji Telefilms 4.23Balaji Telefilms 4.17Balaji Telefilms 1.03Balasore Alloys 1.69Ballarpur Industries 8.44Ballarpur Industries 2.34Ballarpur Industries 2.10Balrampur Chini Mills 1.16Balrampur Chini Mills 1.06Bannari Aman Sugar 1.11BASF 1.67Bata India 1.39Bata India 1.00Bayer CropScience 4.55Bayer CropScience 1.62Bennett, Coleman 14.93Bennett, Coleman 2.93BGR Energy 6.59Bhagyanagar India 1.20Bhagyanagar India 1.20Bharat Bijlee 3.42Bharat Bijlee 3.41Bharat Forge 5.38Bharat Forge 2.08Bharat Forge 2.05

final2008

Bharat Forge 1.10Bharat Forge 1.10Bharat Forge 1.03Bharati Shipyard 1.12Bharati Shipyard 1.12Bharti Teletech 1.29Bimetal Bearing 1.07Binani Industries 1.23Biocon 1.32Biocon 1.22Biocon 1.16Biocon 1.16Biocon 1.16Blue Dart Aviation 1.39Blue Star 2.98Blue Star 2.98Blue Star 1.74Blue Star 1.74Bombay Burmah 1.07Bombay Dyeing 1.14Bombay Dyeing 1.10Bombay Dyeing 1.07BP Ergo 1.07Brigade Enterprises 7.59Brigade Enterprises 7.58Britannia Industries 3.77BSE 1.18Cadbury 2.29Cadbury 1.03Cadbury 1.00Cadila Healthcare 14.43Cadila Healthcare 1.10Cairn India 6.83Cairn India 5.28Cairn India 1.56Castrol India 3.17Castrol India 1.29CCL Products 1.50CEAT 1.71Celebrity Fashions 1.11Century Textiles 1.01Chettinad Cement 1.29Cheviot Company 1.25CHL 2.41CHL 1.33Cholamandalam DBS Finance 1.07Cipla 12.33Cipla 7.89Cipla 7.33Clariant Chemicals 1.52

final2008

CMI FPE Ltd 2.41Consolidated Constructions 3.80Consolidated Constructions 3.46Consolidated Constructions 2.62Coromandel Fertilisers 1.10Cosmo Films 1.20Country Club 1.36Craftsman Auto 1.21CRISIL 1.10Crompton Greaves 2.33Dabur India 1.86Dabur India 1.81Dabur Pharma 1.69Dalmia Cement 2.72Dalmia Cement 2.68Dalmia Cement 2.36Dalmia Cement 2.26Dalmia Cement 1.55DCM Shriram Consolidated 1.15DCM Shriram Consolidated 1.02DCW 1.11DCW 1.11DCW 1.11DCW 1.05Deccan Cements 1.49Deccan Cements 1.49Deccan Chronicle Holdings 2.53Deccan Chronicle Holdings 2.53Deccan Chronicle Holdings 2.51Deepak Fertilisers 4.80Development Credit Bank 1.31Dishman Pharma 3.21Divi's Laboratories 13.25Divi's Laboratories 6.95D-Link India 1.31Edelweiss Capital 2.62Edelweiss Capital 2.45Eicher Motors 1.66Eicher Motors 1.15EID Parry 1.03EIH 9.15EIH 6.53EIH 2.64EIH 2.46Elder Pharma 2.82Electrosteel Castings 1.06Emami 1.76Emco 2.83Emco 2.81Emkay Global Financial Services 1.00

final2008

Emkay Global Financial Services 1.00Entertainment Network 2.14Ess Dee Aluminium 1.83Essar Shipping 1.06Essel Propack 4.29Eveready Industries 2.14Eveready Industries 1.07Everest Kanto Cylinder 2.02Exide Industries 1.42Exide Industries 1.14Exide Industries 1.10Federal-Mogul Goetze 2.08Federal-Mogul Goetze 1.87Federal-Mogul Goetze 1.40Fiem Industries 1.25Financial Technologies 3.44Financial Technologies 1.00Finolex Cables 3.11Finolex Cables 3.11Finolex Cables 1.78Finolex Industries 1.92Finolex Industries 1.80First Leasing 1.62Firstsource Solutions 1.17Firstsource Solutions 1.06Fortis Healthcare 1.38Future Capital Holdings 2.16Gammon India 1.43Gandhi Special Tubes 1.46Gandhi Special Tubes 1.46Garden Silk Mills 2.28Garware Offshore 1.84Garware Offshore 1.82Gati 1.29Geojit Financial Services 1.35GHCL 2.53GHCL 1.82GHCL 1.38Gillette India 1.20Glenmark Pharma 4.39Glenmark Pharma 1.75GMR Infrastructure 3.28GMR Infrastructure 1.97Godfrey Phillips 2.39Godrej Consumer Products 2.74Godrej Consumer Products 1.52Godrej Industries 1.82Godrej Industries 1.31Godrej Industries 1.07Godrej Industries 1.05

final2008

Gokul Refoils & Solvent 1.01Gokul Refoils & Solvent 1.01Gontermann Peip 1.32Graphite India 1.77Graphite India 1.16Grasim Industries 20.14Grasim Industries 2.90Grasim Industries 1.71Great Eastern Shipping 7.22Great Eastern Shipping 7.21Great Eastern Shipping 4.91Great Offshore 8.42Greaves Cotton 1.32Greaves Cotton 1.08Grindwell Norton 1.93GSK CHL 2.58GSK CHL 1.03GSK CHL 1.01GSK Pharma 1.61GSK Pharma 1.15Gujarat Ambuja Exports 3.65Gujarat Ambuja Exports 3.65Gujarat Fluorochemicals 16.88Gujarat NRE Coke 3.75Havell's India 1.54HBL Nife Power Systems 3.52HCC 3.60HCC 2.25HCC 1.98HCC 1.47HCC 1.33HEG 2.63Hikal 1.32Himatsingka Seide 1.54Hind National Glass 1.20Hind National Glass 1.17Hind Rectifiers 1.00Hindalco 8.24Hindalco 1.22Hindjua Foundries 1.01Hinduja Ventures 1.43Hindustan Sanitaryware 2.29Hindustan Sanitaryware 2.23Hindustan Unilever 1.78Hi-Tech Gears 1.11Honeywell Auto 1.09Hotel Leela Venture 2.67Hotel Leela Venture 2.67Hotel Leela Venture 1.01HT Media 1.32

final2008

IBN18 Broadcast 1.23ICI 2.39ICRA 1.15ICRA 1.03ICSA India 4.40Idea Cellular 4.06Idea Cellular 1.33Idea Cellular 1.23Idea Cellular 1.14IFGL Refractories 1.09IFGL Refractories 1.05IL&FS Investment Managers 1.88IL&FS Investment Managers 1.34IL&FS Investsmart 2.63IMFAL 4.07IMFAL 4.03IMFAL 4.01India Cements 12.14India Cements 4.83India Glycols 10.84India Glycols 10.81India Infoline 1.23Indiabulls Financial Services 4.28Indiabulls Financial Services 4.28Indiabulls Financial Services 1.50Indiabulls Securities 1.32Indian Hotels 4.55Indian Hotels 1.39Indian Hotels 1.27Indian Hotels 1.09Indian Hotels 1.05Indian Hotels 1.04Indian Hume Pipe 1.19Indo Rama Cement 1.15Indo Rama Synthetics 1.37Indo Rama Synthetics 1.12Indofil Organic Inds 1.28IndusInd Bank 2.24Ineos ABS (India) 2.23Info Edge 1.35Info Edge 1.20Infomedia 1.59Infosys Technologies 1.26Infotech Enterprises 1.34ING Vysya Bank 1.10Ingersoll Rand 3.64Ipca Laboratories 2.10Ipca Laboratories 1.30ISMT 3.35Ispat Industries 2.29

final2008

Ispat Industries 1.34Ispat Industries 1.33IVR Prime 4.75IVRCL Infrastructures 1.99Jain Irrigation Systems 2.74Jain Irrigation Systems 2.50Jain Irrigation Systems 2.22Jain Irrigation Systems 2.07Jaiprakash Associates 1.60Jaiprakash Associates 1.53Jay Bharat Maruti 1.32JB Chemicals 2.46JB Chemicals 2.46JB Chemicals 2.46JBF Industries 2.10Jessop & Company 1.04Jindal Saw 2.16Jindal Steel & Power 16.93JK Cement 5.63JK Lakshmi Cement 4.52JK Lakshmi Cement 4.49JK Lakshmi Cement 1.35JK Lakshmi Cement 1.35JK Paper 1.35JK Paper 1.21JSL 12.42JSW Steel 16.73JSW Steel 1.23JSW Steel 1.07JSW Steel 1.00Jubilant Organosys 4.60Jubilant Organosys 4.56Jubilant Organosys 1.37Jubilant Organosys 1.37Jubilant Organosys 1.35Jyothy Lab 2.25Jyothy Lab 1.91Jyoti Structures 3.61Kalpataru Power Transmission 7.06Kalpataru Power Transmission 3.31Kalpataru Power Transmission 1.02Kalyani Steels 1.55Kanoria Chemcials 1.39Kansai Nerolac 1.57KCP 2.53KCP 2.53KCP 1.01KCP 1.01KEC International 1.64KEI Industries 3.41

final2008

Kinetic Engineering 1.32Kirloskar Brothers 1.61Kirloskar Ferrous 1.01Kirloskar Oil Engines 1.86Kirloskar Oil Engines 1.73Kirloskar Oil Engines 1.66Kirloskar Oil Engines 1.00Kotak Mahindra Bank 3.32Kotak Mahindra Bank 3.21Kotak Mahindra Bank 1.53KPR Mill 1.00KPR Mill 1.00KPR Mill 1.00Lakshmi Machine Works 8.91Lakshmi Machine Works 4.52Lakshmi Machine Works 4.51Lanco Infratech 1.29Lanco Infratech 1.20Lanco Infratech 1.20Lanco Infratech 1.15Lanco Infratech 1.10Lupin 1.90Lupin 1.69Lupin 1.65Lupin 1.39Lupin 1.35Lupin 1.32Lupin 1.32Lupin 1.22Lupin 6.42Lupin 3.25M M Forgings 1.07M M Forgings 1.05Mac Charles 1.99Macmillan India 1.10Madras Cement 32.40Mahindra Holiday 1.06Maithan Alloys 1.11Man Industries 2.42Man Industries 1.94Manugraph India 2.08Manugraph India 2.07Marg 1.56Marico Industries 1.93Maruti Suzuki 1.41Maruti Suzuki 1.27Max India 4.63Max India 4.02McLeod Russel 1.10Mcnally Bharat Engineering 1.16

final2008

Mcnally Bharat Engineering 1.16Mercator Lines 8.05Mercator Lines 8.00Merck 2.03Mirc Electronics 1.42Mirc Electronics 1.42Moser Baer 3.10Moser Baer 1.71Mphasis BFL 3.24MRF 1.63MRF 1.40Mro-Tek 1.37Mro-Tek 1.37Mukta Arts 1.16Mundra Port & SEZ 16.35Munjal Showa 1.02Mysore Cements 1.83Nagarjuna Constructions 4.57Nagarjuna Constructions 2.62Nagarjuna Constructions 2.33Nagarjuna Constructions 2.31Nagarjuna Constructions 2.25Nagarjuna Constructions 1.00Nagarjuna Constructions 1.00Nahar Industrial Enterprises 4.65Nahar Spinning Mills 2.65Natco Pharma 1.06Nava Bharat Ventures 8.38Nava Bharat Ventures 8.38NDTV 1.79Nelcast 2.10Nesco 1.81Nestle 5.31Nestle 1.13Nippo Batteries 1.03Nippo Batteries 1.03Nitco 1.13Novartis 1.08NRB Bearings 1.35NSE 3.34NSE 2.16NSE 1.17Nucleus Software 2.03OCL India 1.08Omaxe 13.43Omaxe 2.23Omaxe 1.34Omaxe 1.20Orbit Corporation 3.91Orbit Corporation 3.91

final2008

Orchid Chemicals 5.76Orchid Chemicals 1.32Oswal Chemicals 4.40Oswal Chemicals 1.68OTIS Elevator 1.70Oudh Sugar Mills 1.00Panacea Biotec 5.97Panacea Biotec 4.82Panacea Biotec 4.56Panacea Biotec 4.56Panacea Biotec 1.04Pantaloon Retail 3.57Pantaloon Retail 1.97Pantaloon Retail 1.34Paper Products 1.56Paramount Comm 2.87Paramount Comm 2.87Parsvnath Developers 6.00Parsvnath Developers 2.01Parsvnath Developers 1.41Parsvnath Developers 1.41Patel Engineering 1.11Peninsula Land 3.31Peninsula Land 2.70Peninsula Land 2.18Peninsula Land 1.39Pfizer 2.00Philips Carbon Black 1.44Philips India 2.90Philips India 2.04Philips India 1.93Philips India 1.92Philips India 1.39Philips India 1.38Philips India 1.01Phoenix Lamps 1.08Phoenix Lamps 1.06Pidilite Industries 5.28Pidilite Industries 1.65Pidilite Industries 1.38Piramal Glass 1.38Piramal Healthcare 5.10Piramal Healthcare 2.57Plethico Pharma 4.20Plethico Pharma 2.10Polaris Software 1.21Praj Industries 5.34Praj Industries 1.72Prajay Engineering Synd 4.33Prajay Engineering Synd 2.94

final2008

Prajay Engineering Synd 2.17Prime Property 2.50Procter & Gamble Hygiene 2.33PSI Data Systems 1.05PSL 1.02PSL 1.02PSL 1.02Punj Lloyd 3.86Punj Lloyd 3.71Punjab Tractors 1.45Puravankara Projects 1.81Puravankara Projects 1.42PVR 1.45R Systems Int'l 1.21R Systems Int'l 1.02Radaan Mediawork 1.42Radaan Mediawork 1.25Radico Khaitan 1.42Radico Khaitan 1.17Ranbaxy Laboratories 19.59Ranbaxy Laboratories 6.70Ranbaxy Laboratories 3.61Ranbaxy Laboratories 1.54Ranbaxy Laboratories 1.54Ranbaxy Laboratories 1.46Ranbaxy Laboratories 1.44Ranbaxy Laboratories 1.33Ranbaxy Laboratories 1.10Ratnamani Metals & Tubes 6.39Ratnamani Metals & Tubes 3.93Ratnamani Metals & Tubes 2.65Raymond 3.65Raymond 1.47Reliance Industries 1.26Reliance Infrastructure 1.00Rico Auto Industries 2.07Rico Auto Industries 2.06Rolta India 10.93Rolta India 3.03Rolta India 2.25Rolta India 1.62Rolta India 1.31Rolta India 1.16Royal Orchid 1.50Ruchi Soya Ind 1.43Ruchi Soya Ind 1.20S Kumar Nationwide 1.48Sagar Cements 1.33Sagar Cements 1.22Sagar Cements 1.21

final2008

Salora International 1.24Sandesh 2.03Sandesh 2.02Sanghi Industries 1.86Sanghi Industries 1.31Sanghi Industries 1.31Sanghi Industries 1.31Sanghvi Movers 2.18Sarda Energy 2.66Saregama India 1.00Satra Properties 2.85Savita Chemicals 1.21Selan Expl Tech 1.04Sesa Inds 1.00Shanthi Gears 3.63Shanthi Gears 1.45Sharda Motor 1.39Sharda Motor 1.28Shree Cement 5.22Shree Cement 4.72Shree Cement 1.49Shree Renuka Sugars 1.00Shree Renuka Sugars 1.00Shrenuj 1.07Shriram Pistons 1.97Shriram Pistons 1.55Shriram Pistons 1.45Siemens 4.01Siemens 1.27Sintex Industries 1.25Sintex Industries 1.25Sintex Industries 1.19Sintex Industries 1.19SKF India 2.15SKF India 1.34SKF India 1.17Sobha Developers 5.84Sobha Developers 3.26Sobha Developers 2.09Sobha Developers 1.00Sona Koyo Steering Systems 2.07Sonata Software 1.26Spanco Telesystems 1.20Speedy Multimode 1.26Srei Infrastructure Finance 1.11SRF 1.29SRF 1.02SSPDL 1.61Star Paper Mills 1.15Steel Strips Wheel 1.23

final2008

Sterlite Industries 7.06Sterlite Industries 4.16Sterlite Industries 3.61Sterlite Technologies 1.85Sterlite Technologies 1.03Suashish Diamond 1.19Subhash Projects 1.40Subhash Projects 1.38Subhash Projects 1.38Subros 1.58Subros 1.03Sun Pharma 1.13Sun Pharma 1.13Sun Pharma Advan 1.09Sun TV 32.41Sun TV 32.41Sundram Fasteners 4.80Sundram Fasteners 1.37Sundram Finance 1.38Sunflag Iron 1.67Sunflag Iron 1.61Sunil Hitech Engineers 1.60Supreme Inds 1.51Supreme Inds 1.22Supreme Inds 1.09Surya Pharma 1.54Surya Pharma 1.48Sutlej Tex & Ind 1.33Suzlon Energy 1.59Syngenta 1.51T C P 1.28T C P 1.27Taj GVK Hotels 4.11Tata Coffee 1.28Thermax 4.83Thirumalai Chemicals 2.38Thirumalai Chemicals 2.31Thomas Cook 1.64TIL 1.59TIL 1.57Tilaknagar Inds 1.38Tilaknagar Inds 1.14Timken India 1.35Titagarh Wagons 3.22Titagarh Wagons 3.22Titan Industries 1.31Tolani Shipping 1.50Torrent Pharma 3.11Torrent Pharma 1.25Torrent Power 5.19

final2008

Torrent Power 5.02Torrent Power 1.28Transformers & Rectifiers 1.14Transport Corporation of India 1.30Triveni Engineering 4.03TTK Prestige 1.15Tulip Telecom 1.03TV Today 1.95Ucal Fuel Systems 1.31Uflex 4.64Uflex 1.50Ultramarine Pigments 1.13Ultramarine Pigments 1.13UltraTech Cement 4.44Unichem Laboratories 1.84Unichem Laboratories 1.40Unitech 1.29Unitech 1.07Unitech 1.07Unitech 1.07United Breweries 2.46United Breweries 1.15United Breweries (Holdings) 1.59United Phosphorus 2.43United Phosphorus 1.86United Phosphorus 1.11United Spirits 3.14United Spirits 2.67United Spirits 1.95United Spirits 1.45United Spirits 1.30Usha Martin 5.00Usha Martin 2.91UTI Asset Manag 2.46Vardhman Textiles 4.10Varun Shipping 2.74Varun Shipping 2.38Vedanata Resources 10.61Vedanata Resources 6.88Visa Steel 1.34Visa Steel 1.01Voltamp Transformers 2.09Voltamp Transformers 1.85Voltamp Transformers 1.69Voltas 1.41VST Industries 2.20VST Industries 1.26Welspun 15.10Welspun 8.09Welspun 3.92

final2008

Welspun Gujarat Stahl Rohren 1.50West Coast Paper 4.72Wheels India 1.29Wheels India 1.05Wipro 1.31Wipro 1.15Wire & Wireless 1.57Wockhardt 8.08XL Telecom & Energy 1.50Yes Bank 1.17Zee Entertainment 5.33Zee Entertainment 1.14ZF Steering Gear 1.65ZF Steering Gear 1.25Zuari Industries 1.49Zylog Systems 1.49

billion 09 02

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