The past few years have not been great for Indian business. Most of them have either been running hard to stay in the same place, or have slipped on misfortune’s banana peels. Of course, one tycoon’s bad run of luck is another’s opportunity to make a fortune—as is the case with some of India’s tech titans. With the rupee ruling weak and falling by more than 50 percent over the past two to three years, they have been raking it in even when the US and global economies have been struggling to revive themselves. Many of the rest, who saw import costs and dollar-denominated debt decimating their balance-sheets, have been cut to size.
(This story appears in the 28 November, 2013 issue of Forbes India. To visit our Archives, click here.)