New Challenges for India's Most Powerful

BusinessWeek's latest list of the 50 Most Powerful People in India reflects the impact of the Satyam scandal and the global economic crisis

On Apr. 16 voters in the world's largest democracy started going to the polls, and in the coming weeks, more than 700 million Indian voters will be able to have their say on who should form their next government. In 2004, when Indians last voted in national elections, the country was in the midst of an economic boom. In the years following the victory of the Congress Party, India's stock market soared, its IT outsourcing and drug companies further established themselves as global leaders, and Indian conglomerates such as the Tata Group made big acquisitions around the world.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.