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Indian entrepreneurs are making waves all across the world. Indian business firms are making acquisitions abroad and spreading their tentacles in various corners of the world. Indian Entrepreneurs have proved all doomsday prophecies wrong and on the contrary have flourished under globalisation. Here is a brief profile of famous Indian entrepreneurs.
Dhirubhai Ambani JRD Tata Jamsetji Tata Adi Godrej Anil Ambani Dr. K. Anji Reddy Azim Premji Bhai Mohan Singh B.M. Munjal Ekta Kapoor Ghanshyam Das Birla Karsanbhai Patel Kiran Mazumdar Shaw K.P. Singh Kumar Mangalam Birla Lalit Suri M.S. Oberoi Mukesh Ambani Nandan Nilekani Kasturbhai Lalbhai S.L. Kirloskar A.M. Naik Analjit Singh Anand Mahindra Biki Oberoi Captain Gopinath Chanda Kochhar Deepak Parekh Harish Manwani
Naresh Goyal Dr. Pratap Reddy Rahul Bajaj Ramalinga Raju Ratan Tata Raunaq Singh Shiv Nadar Subhash Chandra Subroto Roy Sunil Mittal Tulsi Tanti Verghese Kurien Vijay Mallya Mallika Srinivasan Naina Lal Kidwai Shahnaz Hussain Sulajja Firodia Motwani Shobhana Bhartia Aditya Vikram Birla Gulshan Kumar Vaman Srinivas Kudva Karan Bilimoria K.V. Kamath Lalit Modi Ronnie Screwvala Shikha Sharma T.V Sundaram Iyengar T.V. Mohandas Pai Y.C Deveshwar
Jamsetji Tata
Born On: March 3, 1839 Born In: Navsari, Gujarat, India Died On: May 19, 1904 Occupation: Industrialist, Entrepreneur Nationality: Indian Whenever we think of the name Jamsetji Tata, we think of the expansive Tata Group of companies which continue to rule the industrial world of India till today. Jamsetji Tata founded the vast industrial empire that has received an identity today all over the world. Jamsetji Tata belonged to a trading family and business ran in his blood, therefore it was quite natural that he chose to be a businessman very early in his life. However, little did anybody know that Jamsetji Tata would be successful in redefining the concept of industries in India and would be listed in the pages of history as the 'Father of Indian Industry'! Early Life Born as Jamsetji Nusserwanji Tata on March 3, 1839, Jamsetji Tata was the son of Nusserwanji Tata, the only businessman in a Parsi family that earned its living as Zoroastrian priests. Along with his wife Jeevanbai Tata, Nusserwanji Tata had moved out of his family to carry on his passion of business in Bombay. Nusserwanji Tata started off as a small trader, but nevertheless did quite well. Jamsetji Tata completed his graduation at Elphinstone College in Bombay, where he was known as such a bright student that the principal decided to refund Jamsetji Tata's fees once he completed his degree. Jamsetji Tata took up trading at a very early age of 14, a time when he was still studying. Since child marriage was practiced during those days, the future business tycoon got married at the tender age of sixteen to the ten year old Hirabai Daboo. He graduated from college in 1858 and joined his father's trading firm. It was a turbulent time to step into business as the Indian Rebellion of 1857 had just been suppressed by the British government. Career As A Businessman Though Jamestji Tata started off working ever since he was 14, his real contribution came only after he had graduated in 1858. He became actively involved in his father's export business at a time when the business scenario in India was far from prosperous, largely because of the Sepoy Mutiny of 1857, which had been suppressed by the British Raj and had taken India by storm. Nevertheless, Nusserwanji Tata sent his son on a trip to Hong Kong in 1859 to expand his business interests there, a work that Jamsetji Tata completed successfully. Jamsetji Tata remained in Hong Kong for the next four years, trying to fulfill and realize his father's dream of setting up a branch of the Tata & Co. office there. The establishment of the new Tata & Co. office in Hong Kong was the beginning of the expansion of the Tata empire throughout Asia and the first step towards the creation of Tata & Sons. By the year 1863, there were Tata offices not only in Hong Kong, but also in Japan and China. Following the huge business success in Asia, Jamsetji Tata now traveled to Europe, but unlike in Asia, he faced with a drawback in the initial stages. Part of Jamsetji Tata's aims in visiting England, apart from increasing the number of contacts for his father's export business based in India, was to establish an Indian Bank in London. This project, however, proved highly unsuccessful for the Tatas because it was not a favorable time for the banking sector, with a financial crisis hitting the markets in several parts of India. The Tata companies in India and all over Asia faced huge monetary loss after the failure of the establishment of the Indian bank. Later Stages of Career Jamsetji Tata worked with his father until the age of 29, after which he started a trading company of his own. This was in the year 1868, following which Jamsetji Tata gradually acquired and established several cotton mills of his own. The Empress Mill set up in Nagpur in 1874 brought Jamsetji Tata huge amounts of money. The name of the mill was so inspired after Queen Victoria became the Empress Of India. The mills made large amounts of profit, but were thereafter sold off by Jamsetji Tata for a higher sum of money. Jamsetji Tata's cotton mills produced cloth which were used in India and also exported to countries of Japan, Korea, China and several parts of the Middle East. The mills were largely established to satisfy Jamsetji Tata's business acumen, but it may be recalled that the Dharamsi cotton mill which was later renamed to Swadeshi cotton mill kept the nationalistic sentiment in mind and made use of only Indian products, particularly promoting the non-use of British raw material. Just like it is today, even in the pre-independent era, Jamsetji Tata made it a point to look after the best interests of the workers in Tata & Sons. The Tata companies were then also known to provide the best working atmosphere for its workers. Policies which were unheard of during those times, like medical facilities for the sick and for women with children, provision of pensions, accident compensations and on the job training, were a part of the companies owned by Jamsetji Tata. It was Jamsetji Tata who appealed to the Japanese Steam Navigation Company to reduce freight charges, a factor which was largely diminishing his profits. Though it was for the benefit for the entire nation, Jamsetji Tata made it a point to spend his own money to get the case solved when his demands led to huge upheavals in Japan. Eventually, Jamsetji Tata did emerge successful in reducing freight charges and thereby increasing profits for
Indian traders. Business Legacy The cotton mills did satisfy his business acumen, but to remain stuck on the production of cloth was not the aim of Jamsetji Tata. His vision was to establish an iron and steel plant, a world class hotel, a learning institution and a hydro electric power project. Among his four wishes, only the second was fulfilled during Jamsetji Tata's lifetime when the Taj Mahal Hotel was established on December 3, 1903. In 1901, Jamsetji Tata traveled to Europe and America to educate himself on the making of steel. In addition, he made it a point to educate himself on the latest technological progress that had taken place over the years all around the world so that he may use it for the betterment of the industries under Tata & Sons. Sadly, Jamsetji Tata could not stay alive to realize his dream of establishing an iron and steel plant in India. Death Jamsetji Tata breathed his last on May 19, 1904. He was the sole inspiration behind a group that today is one of the biggest industries of not only India but of the world also. Legacy Post Jamshetji Tata's death, The Tata Group was succeeded by his two sons, Dorabji Tata and Ratanji Tata. One of the most affluent, prosperous and well-to-do organizations, the Tata Group is today amongst the largest and most respected companies of the world. A pioneer of his field, the vision and aim of Jamsetji Tata came to life with time as his family gave wings to each of his dream projects. In fact, such was his contribution that the city of Jamshedpur in Jhakhand is today popularly known as Tatanagar, because of the many facilities that the group has endowed the city with. Today, the group boasts of being the founder of projects like Tata Steel, the Indian Institute of Science, the Tata Power Company Limited, the Taj Mahal Palace & Tower, the Tata Institute of Fundamental Research and many more. Timeline 1839: Jamsetji Tata was born on March 3. 1853: He married Hirabai Daboo. 1858: Joined his father's trade firm. 1868: Established his first independent company. 1874: Set up the Empress Mill. 1901: Traveled to Europe and America to receive education on making of steel. 1903: Established the Taj Mahal Hotel. 1904: Died on May 19.
Mallika Srinivasan
Economic Times Businesswoman of the year 2006, she is a well known entrepreneur of India. She has always strived hard to reach for skies, but has deeply rooted her foot into the ground. She is a strong headed woman, who is leading the activities of a Company that is involved in macho business such as tractor manufacturing. She has been able to rise and stand out above all others and make a name for herself in the competitive business world of today. Well, we are talking about Mallika Srinivasan, director of the Rs 2500 crore Amalgamations Group Tafe. Mallika Srinivasan is one of the most successful women CEOs in India. In this article, we will present you with the biography of Mallika Srinivasan, so read on Life History Born on November 19, 1959 as the eldest daughter of industrialist A Sivasailam, she is the pride of her parents. She was always brilliant in academics. She did her in MA (econometrics) from Madras University. Thereafter, she went abroad to pursue further studies. She did her MBA from the Wharton School of the University of Pennsylvania. Married to Venu Srinivasan, the CMD of TVS Motor, she is living happily with their two children. In the year 1986, she planned to join the family business. She was made the General Manager of Tafe (Tractors and Farm Equipment) Company. When she took over the responsibility of furthering the economic wealth and business, the turnover of the Company was Rs 85 cr. Under the expert guidance of her father and the whole hearted support of the team, she brought about a major transformation. She converted Tafe into a hi technology-oriented company, thereby becoming the initial choice of the farmers. There was a period, when the Company had to face a tough time, however; even then, the Company invested a huge amount of over Rs 70 crore in the designing and development of product. At present, the Company is earning a business over Rs 1,200 cr. It has been a long journey for the Company, which has witnessed many ups and downs. But, it was the strong determination of this courageous woman that slowly and steadily made the firm climb the ladders of success. Today, the Company has not only found a niche for itself as the leading tractor manufacturer, but also expanded its area of operations. It has also entered into others businesses like engineering plastics, panel instruments, automotive batteries gears, hydraulic pumps, and farm implements. The company has had a long alliance with Massey Ferguson, which is now a part of Agco. The company is looking forward to exporting fully constructed tractors to Agco. Presently, Agro has a stake of 24% in the company and the rest lies with Simpson & Co. Presently, Mallika Srinivasan is serving as the president of premier industrial bodies like Tractor Manufacturers Association and the Madras Management Association. She is the first lady to have assumed the role of a president of the Madras Chamber of Commerce and Industry. She is also a prominent member of the governing board of the Indian School of Business, Hyderabad.
Shahnaz Hussain
She is one of the most prominent personalities of the corporate world. She is making a constant effort to beautify the skin of people with her beauty products. She has been continuously striving hard to slow down the aging process and nourish the skin of people and thus make them look younger than their age. Well, we are talking about none other than the ruler of the beauty world, Shahnaz Hussain. In this article, we will present you with the biography of Shahnaz Hussain. She comes from a royal Muslim family and her father was a very powerful man. She did her schooling from the Irish convent. Since a very young age, she had an interest in poetry and English literature. She grew up in a traditional family, but was privileged to receive modern education. She got married, when she was only fifteen years old. The next year after her marriage, she became a mother. When she went to Teheran along with her husband, she developed a keen interest in beauty treatments. Eventually, she decided to study the cosmetology course. She wanted to be self independent and so she began writing articles for the Iran Tribune on varied subjects. While pursuing studies, she learnt about the harmful effects of chemicals on human body. She studied Ayurveda and believed that it is the best alternative to chemical cosmetics. After leaving Teheran, she took an extensive training in cosmetic therapy for a long period of 10 years from the leading institutions of London, Paris, New York and Copenhagen. She returned to India in the year 1977 and established her first beauty salon in her abode. Unlike other salons, she did not use chemical cosmetics. Rather, she made use of Ayurvedic products that are absolutely safe on the human body. She has ushered an era of herbal cosmetics. The products launched by her Company head their way to leading global stores such as Blooming Dales (New York), Harrods and Selfridges (London), Seibu (Japan), Galleries Lafayette (Paris), and La Rinaeccente (Milan). Her beauty products are very skin friendly and give a beautiful glowing look. She has not only been able to tap the markets of India, but made her presence felt in international market too. Now, her aim is to set her foothold in the space. People who go to space usually suffer from skin problems. At present, Shahnaz Hussain is focusing her attention on creating products that can prove to be beneficial for the astronauts. To know the complete life history of Shahnaz Hussain, read on. Her company Shahnaz Husain Herbals has witnessed tremendous growth throughout these years. She has launched more than 400 different kinds of beauty products. In the contemporary times, people are becoming more and more conscious about the way they look. It is here that Shahnaz Hussain comes to play a major role by providing people with products that can bring the glow back to their skin. She has dominated the market from the USA to Asia. During 1990s, the average growth rate of her company, which is based in New Delhi, was nearly 19.4%. In the year 2002, her Company touched $100 million. Her works are real praiseworthy and have been appreciated all over the world. She has received many awards such as "The Arch of Europe Gold Star for Quality", "The 2000 Millennium Medal of Honor", "Rajiv Gandhi Sadbhavana Award" and many more.
Shobhana Bhartia
Born - 1957 Achievements - Daughter of renowned industrialist KK Birla, Shobhana Bhartia is the vice-chairperson as well as the editorial director of the Hindustan Times group, which is among India's major newspaper and media houses. In the year 2001, she received the Outstanding Business Woman of the Year award. Born in the year 1957, the daughter of renowned industrialist KK Birla and grand daughter of GD Birla, Shobhana Bhartia is the vicechairperson as well as the editorial director of the Hindustan Times group, which is among India's major newspaper and media houses. This lady holds the credit of raising Rs 400 Crore via public equity launch of the HT Media group in the year 2005. Till the year 2004, the Birla family owned 75.36 per cent stake in HT Media. Here's more information about the biography of Shobhana Bhartia, who graduated from the Calcutta University and later, wedded Shyam Sunder Bhartia. This particular gentleman is the chairman of the Rs 14 billion Jubilant Organosys Limited, a Pharma company. Shamit Bhartia, their son, is also a member in the HT Media group. At the same time, he operates lifestyle businesses like Domino's Pizza franchise in the country and a convenience store chain in Bangalore city. At the time when Shobhana Bharatiya became a member of the Hindustan Times in the year 1986, she was the very first woman chief executive of a national newspaper and in all probability, also among the youngest. Shobhana Bhartia is regarded as one of the crucial people there who played a pivotal role in revamping the image of the Hindustan Times into a "bright and young paper". The life history of Shobhana Bhartia's career is full of achievements. Shobhana was nominated the member of the upper house of the Indian Parliament i.e. the Rajya Sabha. Shobhana Bhartia was also handed the Global Leader of Tomorrow award by the World Economic Forum in the year 1996. Then again in the year 2001, she received the Outstanding Business Woman of the Year award. The National Press India Award was given to Shobhana in the year 1992.
boards of Industrial Credit and Industrial Corporation, Infrastructure Leasing and Financial Services Ltd., and Bajaj Auto amongst other organizations. Personal Life Aditya Vikram Birla was married to Rajshree. The couple had two kids, daughter Vasavadatta (married to Kushagra Nayan Bajaj), and son Kumar Mangalam (current head of the Aditya Birla Group). Death Aditya Birla was diagnosed with prostate cancer in 1993, thereby transferring the responsibilities of the group to wife and son. He was admitted to Johns Hopkins Hospital in Baltimore, Maryland, United States for treatment and died after four months of struggle on October 1, 1995, at the age of 51, leaving the entire Birla Empire under the charge of his young son Kumar Mangalam. Honors & Awards Outstanding Young Person Award by Bombay Metropolitan Jaycees, 1978 Outstanding Citizen Award by North Bombay Jaycees, 1984 Man of the Year Award by Amravathi Chamber of Commerce & Industry, 1985 Giant Internationals Award in the filed of Business & Industry, 1986 Business Leadership Award by Madras Management Association, 1990 Businessman of the Year Award by Business India, 1990 Management Man of the Year Award by Bombay Management Association, 1992 Rashtra Bhushan Award by FIE Foundation, 1992 Platinum Jubilee Rotary Award for contribution to industry by Rotary Club of Calcutta, 1994 Vocational Excellence Award by Rotary International, January 1995 Lifetime Achievement Award by All India Association of Industries, January 1996 Award for Outstanding Contribution to the Phenomenal Growth of the Indian Cement Industry by All India Management Association, September 1996 Melvin Jones Fellow Award for Dedicated Humanitarian Services by Lions Club International Foundation Paul Harris Fellow Award by Rotary Foundation of Rotary International Timeline 1943: Born in Kolkata, West Bengal 1965: Completed chemical engineering from Massachusetts Institute of Technology and returned to India 1965: Started Eastern Spinning Mills in Kolkata 1969: Set up Indo-Thai Synthetics Company Ltd. in Thailand 1973: Established P.T. Elegant Textiles in Indonesia 1974: Incorporated Thai Rayon in Thailand 1975: Launched The Indo Phil Group of companies in Philippines 1977: Set up the worlds largest single-location palm oil refinery, Pan Century Edible Oils in Malaysia 1978: Established Thai Carbon Black in Thailand 1982: P.T. Indo Bharat Rayon launched in Indonesia 1985: Conferred upon the Man of the Year Award by Amravathi Chamber of Commerce & Industry 1990: Awarded Businessman of the Year Award by Business India 1995: Died on October 1 from prostate cancer in Baltimore, USA, aged 51 1996: Bestowed with Lifetime Achievement Award by All India Association of Industries
Gulshan Kumar
Born On: May 5, 1956 Born In: Delhi, India Died On: August 12, 1997 Career: Businessman, Film Producer Nationality: Indian While the music industry was still lacking the much-needed appreciation to get popular amongst the masses, an ordinary man named Gulshan Kumar entered from nowhere and raised the industry to its unbelievable heights. By presenting the general public what it wanted, Gulshan Kumar successfully infused life and energy into the music industry. Beginning with selling of audio cassettes and later, producing them at cheap rates so that they were made available to all classes of people, Kumar established a vast music empire, only to rule Bollywood. As if this was not enough, Kumar got involved in producing movies and launching several new faces to the Indian cinema that have turned into distinguished celebrities today. Early Life Gulshan Kumar was born as Gulshan Dua into a Punjabi Arora family in the heart of the capital city, Delhi. His father was a fruit juice seller in the Daryaganj market in New Delhi. Thats where Gulshan started earning his life in his early days. At the age of 23, he, with support from his family, acquired a shop and started selling records and cheap audio cassettes. This was just the beginning of the career of a music baron. With the music business producing fruitful profits, he started producing cassettes himself. Music Business Gulshan Kumar then started his own audio cassette operation known as Super Cassettes Industries, which turned into a profitable organization later on. To add on, he began a music production company in Noida, near Delhi. To cover up the overpriced poor-quality audio tapes marketed and sold by reputed music companies, Gulshan Kumar started selling the 1970s music cassettes with a decent quality at cheap rates. As his business started growing, he began exporting good-quality music cassettes to abroad. Soon, he became a millionaire and rose to the top of music business. With an aim of ruling Bollywood just as he did with music, he moved to Bombay. He introduced religious music cassettes at extremely low prices with the aim of promoting religion amongst Hindu fellows. He had even made and produced movies and serials pertaining to Hindu mythology. Film Career His first movie in Bollywood was Lal Dupatta Malmal Ka in 1989. The film had romantic melodious and catchy songs which declared the movie a great hit. Next came the big musical blockbuster Aashiqui in 1990, starring Rahul Roy and Anu Agarwal, which is still remembered for the romantic and harmonious music. Although his next two movies, Bahaar Aane Tak and Jeena Teri Gali Mein didnt fair well, the music of both the movies was highly appreciated. His 1991 Dil Hai Ki Manta Nahi, featuring Aamir Khan and Pooja Bhatt, grossed an average overall earning, but its music was a big success. With this, Gulshan Kumar established himself as the music tycoon in the film industry. His other movies included Ayee Milan Ki Raat, Meera Ka Mohan, and Jeena Marna Tere Sang which failed on the box office. Introduction of New Talents Gulshan Kumar was known not only as the ruler of music in Bollywood, but he also introduced several new talents to the film fraternity. He launched his younger brother Krishan Kumar in the 1993 movies Aaja Meri Jaan and Kasam Teri Kasam. However, both of them proved to be major duds. Despite the discouragement received from both the movies, Gulshan went ahead and made a third movie with Krishan Bewafa Sanam in 1995, which became a massive hit, particularly for its music. This film also brought the, then, struggling singer Sonu Nigam into limelight. Apart from Sonu Nigam, other young talented signers introduced to the music world by Gulshan Kumar include Anuradha Paudwal, Vandana Bajpai, and Kumar Sanu, amongst several others. Launch of T-Series Music Label Established by Gulshan Kumar, Super Cassettes Industries Limited (SCIL) became the topmost music company in India. He founded the T-Series music label, under the same music company, which eventually turned into one of the top music labels in India. Today, TSeries is the largest producer and publisher of music and videos in the country. It runs the business of publishing original soundtrack from movies, remixes, old devotional songs, new-age albums, melodies from the 1960s, and pop hits of the 1990s. It not only covers over 60% of the Indian music market, but also exports music to 24 countries across six continents. With over 2500 dealers in India, TSeries has the largest distribution network. Social Life Apart from being a prominent personality in the film media, Gulshan Kumar set an example for Indian businessmen by donating a part of his wealth to the community. He established a bhandara, serving free food to the pilgrims who visited the Hindu shrine of Shri Mata Vaishno Devi. He was the top tax payer for the financial year 1992-93. Word has it that he got involved with the Indian Mafia, or the
Mumbai Underworld, known for financing Bollywood movies. He refused to succumb to the extortion demands, which was why it is believed that he was shot dead. Death Gulshan Kumar was shot dead outside Jeeteshwar Mahadev Mandir, a Hindu temple in Jeet Nagar in Andheri West suburb of Mumbai city on August 12, 1997. Although the police accused Nadeem of music-director duo Nadeem-Shravan for planning the assassination, on January 9, 2001, Abdul Rauf confessed on receiving money for assassinating Gulshan Kumar. On April 29, 2009, Rauf was sentenced to life imprisonment, rather than death sentence, on the grounds of failing to provide evidence of him being a contract killer. Gulshan Kumar was later cremated in Delhi, as per his familys wishes. Legacy After Gulshan Kumars death, his son Bhushan Kumar took over Super Cassettes Industries Limited. His daughter, Tulsi Kumar, is a celebrated playback singer. Movies Produced Laal Dupatta Malmal ka, 1989 Bahar Aane Tak, 1990 Aashiqui, 1990 Jeena Teri Gali Mein, 1991 Aye Milan Ki Raat, 1991 Dil Hai Ke Manta Nahin, 1991 Meera Ka Mohan, 1992 Jeena Marna Tere Sang, 1992 Aaja Meri Jaan, 1993 Kasam Teri Kasam, 1993 Bewafa Sanam, 1995 Jai Maa Vaishanav Devi, 1995 Char Dham, 1998 Papa - The Great, 2000 Timeline 1956: Born on May 5 in Delhi 1979: Started a music shop selling records and audio cassettes 1989: Produced first Bollywood movie Lal Dupatta Malmal Ka 1993: Launched younger brother Krishan Kumar with Aaja Meri Jaan 1995: Introduced singer Sonu Nigam with Bewafa Sanam 1997: Shot dead in Andheri West, Mumbai on August 12, aged 41
S.L. Kirloskar
Born On: May 28, 1903 Born In: Sholapur, Maharashtra Died On: April 24, 1994 Career: Entrepreneur, Industrialist Nationality: Indian What had started off with a small bicycle business by his father and uncle, emerged as one of India's flourishing business ventures, thanks to the ingenuity and business mind of Shantanurao Laxmanrao Kirloskar, S.L. Kirloskar for short. Right from oil engines and electric motors to machine tools and tractors to hotels and consultancy services, the Kirloskar Group has set its foot in all branches across the world. A man of both Indian and international stature, Kirloskar expanded the Kirloskar Brothers Ltd. throughout India and gave it a global perspective. A man of principles, strong thoughts, and unending struggles, Kirloskar successfully established a golden age for Indian industry and the country on the whole. Today, he is believed to be one of the best role models for young industrialists who are keen on following his footsteps. Early Life Shantanurao Laxmanrao Kirloskar was born as the eldest child to Laxmanrao Kirloskar and Radhabai in Sholapur, 220 miles southeast of Bombay. He was born in the Karhade Brahmin family of the Kirloskars, scattered over the southern portion of Bombay presidency. He was followed by brothers, Rajaram, Prabhakar, and Ravindra, and sister Prabhavati. His father and his uncle, Ramchandrarao had set up the Kirloskar Group and the township of Kirloskarwadi on March 10, 1910. The company then ran a bicycle business in Belgaum, now in Karnataka. Shantanurao received his primary education from Aundh and joined New English School in Poona for the rest of his schooling. In 1922, he went to Massachusetts Institute of Technology (MIT), Cambridge, in USA to pursue his bachelor's of science degree in mechanical engineering. He returned back to India in 1926 and was one amongst the batch of first Indians to graduate from MIT, the other being Chintalapati Satya Narayana Raju. Career On his return to India in 1926, Kirloskar Brothers was already making plows to establish the company. With the entry of junior Kirloskar, the company expanded and extended the manufacturing of diesel engines, the most popular products amongst them being pumps, electric motors, and other engineering equipment. Such was his courage and confidence that Kirloskar turned the family business into one of India's largest companies and an energetic exporter. After the end of World War II, Kirloskar spread the Kirloskar Group on a national level and later globally. This became evident with the establishment of Kirloskar Electric Company at Bangalore and Kirloskar Oil Engines Limited at Pune in 1946. During the period 1950 to 1991, Kirloskar raised the company generating one of the highest growth rates in Indian history. The group, during that phase, exhibited an unbelievable 32,401% growth of assets. Presently, Kirloskar Group is the largest engineering conglomerate in India. Amongst the numerous companies set up by Kirloskar, some of them include Kirloskar Oil Engines, Kirloskar Ferrous Industries, Kirloskar Pneumatic Company, Kirloskar Ebara Pumps Ltd., Kirloskar Construction and Engineers Ltd., SPP Pumps, and Gondwana Engineers Ltd. Apart from attending and managing the Kirloskar Group, Kirloskar served as the first president of Indo-American Chamber of Commerce. Additionally, he also worked as the director of Reserve Bank of India and Industrial Development Bank of India. Personal Life S.L. Kirloskar was married to Yamuna (fondly known as Yamunatai), daughter of Rangnath Pathak. The couple had two sons, Chandrakant Kirloskar and Srikant Kirloskar. Death S.L. Kirloskar died on April 24, 1994 in a hospital in Pune after a stroke. He was 90 years old. Honors Rajiv Gandhi, the then Prime Minister of India released a commemorative postage stamp to honor the Kirloskar Group's 100th anniversary, in 1988. In 2003, a memorial postage stamp was yet again released by the then Prime Minister of India, Atal Bihari Vajpayee, on the birth centenary of Kirloskar. Timeline 1903: Born in Sholapur, Maharashtra 1922: Went to Massachusetts Institute of Technology (MIT) 1926: Completed mechanical engineering degree and returned to India 1946: Established Kirloskar Electric Company in Bangalore and Kirloskar Oil Engines Limited in Pune 1988: Memorial postage stamp released on the occasion of Kirloskar Group's 100 years 1994: Died on April 24 in Pune, aged 90 2003: Honored with a commemorative postage stamp as his 100th birth anniversary
Kasturbhai Lalbhai
Born On: December 19, 1894 Born In: Ahmedabad, Gujarat Died On: January 20, 1980 Career: Industrialist Nationality: Indian Very few people are able to achieve a meticulous working system and win the appreciation of a very large number of people. Kasturbhai Lalbhai was one such prominent industrialist who was successful in attaining the honor of a nationalist businessman and a renowned magnate, a tribute that is often related with another business tycoon G.D. Birla. Right from stabilizing his father's yet-to-be established business to instituting a vast business empire, Kasturbhai worked throughout his life with immense hard work, dedication, honesty, and determination, thereby keeping his family business ongoing, ever since his ancestor Shantidas Zaveri began in the Mughal Era. Apart from setting up numerous companies in various industries, he was also associated with establishing new institutions to promote education in the country. Early Life Kasturbhai Lalbhai was born in a Visa Oswal Jain family, belonging to a temple town named Osian in Rajasthan, in Ahmedabad. He was the second of the three sons and belonged to a reputed family running their own textile mills in Ahmedabad. He completed his schooling in 1911 in Ahmedabad. However in 1912, his father Lalbhai suffered a serious heart attack and died, leaving 17-year old Kasturbhai in charge of his father's share of the business. Just a few days before his death, his father had divided the property amongst his brothers. As such, Kasturbhai received Raipur Mills in his share but since the business was not fully established at the time of his father's death, Kasturbhai had to abandon his studies to look after the operations of the mills. Struggle as a Businessman To start off with, Kasturbhai began working as a timekeeper in the mill but was unhappy with the job profile. Thus, he started working with the suppliers and traveled far and wide to understand the supplier market. After the end of World War I, he managed to stabilize the operations of the firm due to the increasing demands. His far-sighted vision, sincerity, and devotion helped him reach the highest position in the industry and community. He was elected as a Representative of Mill Owners Association to the Central Legislative Council of 144 members constituted under Montague-Chelmsford Reforms Act 1919 at a young age of 29 years. Kasturbhai served in the council for a three-year term. Further in 1924, he was appointed as a member of the Standing Committee of Department of Industries and Labor of Government of India. With the right kind of experience and knowledge of operations, he was able to gain recognition in the management of the mill and became famous for his abilities of handling dealings. He became the chairman of the mill in January 1928 and established a new company named Saraspur Mill Ltd. to run the old mill. Henceforth, there was no looking back for this determined and powerful man as he turned into a successful industrialist establishing a large empire in the coming years. Flourishing Years The first large scale textile mill was established as Asoka Mills in 1920 with a capital of Rs. 20 lakh, at a time when the largest mills were built with a capital not more than Rs. 5 lakh. With the Swadeshi Movement in its peak time during 1930-31, Kasturbhai saw this period as the most effective time for prosperity and growth. Hence, he set up Arvind Limited in 1931 with a capital of Rs. 25 lakh. He later founded three mills for the families of his three sisters, Aruna Mills in 1928, Nutan Mills in 1931, and Ahmedabad New Cotton Mills in 1938. With gradual expansion, Kasturbhai was able to rule over the textile industry, thereby becoming a great business magnate in the country. After tasting success in the textile industry, he diversified his business into other fields as well after independence, such as dyes, pharmaceuticals, chemicals, and so on. His first diversification was Anil Starch Limited in 1939, followed by Atul Products Limited in 1952 for producing textile-related chemicals and dyestuff. With a wide business spread over the country, Kasturbhai formed joint ventures with foreign companies through Atul. He formed Ciba-Geigy called Cibatul, with American Cyanamid called Cyanamid of India, and with ICI of UK called Atic Industries. Building Institutions Kasturbhai was elected as the President of Federation of Indian Chamber of Commerce and Industries in 1934 and the President of Ahmedabad Mill Owners Association in 1935. From 1937 to 1949, he served as the Director of Reserve Bank of India and took steps to groom the Indian employees to run operations in independent India. Apart from handling responsibilities for expanding his business across India, he was also involved in promoting institutions that served both the country and the industry. He established the Ahmedabad Education Society in 1936, along with Sheth Shri Amrutlal Hargovindas and Shri Ganesh Mavlankar. This society was later transformed into Gujarat University. It was this society that donated land for establishing the prestigious Indian Institute of Management Ahmedabad (IIM-A) in 1961. He, along with Vikram Sarabhai, was the main face behind instituting IIM-A. Though he was amongst the
board of members, he refused to become the chairman. Today, IIM-A has a Kasturbhai Lalbhai Management Development Center and a Kasturbhai Lalbhai Chair in Entrepreneurship. Later, Kasturbhai worked as the Chairman of Industrial Committee of Mahatma Gandhi Memorial Fund. In 1948, he founded the Lalbhai Dalpatbhai College of Engineering to promote technology and engineering, adjacent to Gujarat University. In 1949, he founded the Gujarat Chamber of Commerce and Industries, thereby becoming its Founder-President. From 1955 to 1965, he served as the chairman of Indian Institute of Technology. In 1957, he was elected as the Governing Trustee of Kasturba Gandhi National Memorial Trust. He was appointed as the Trustee of Gandhi Smarak Nidhi, Member of Indian Investment Centre, and Member of Board and Governing Body of Council of Scientific and Industrial Research. He founded the Lalbhai Dalpatbhai Institute of Indology in 1962, which is an encyclopedia of manuscripts, rare books, and microfilms on various subjects. In 1972, Sankat Nivaran Society was jointly set up by Gujarat Chamber of Commerce and Industries and Ahmedabad Mills Owners' Association. With this, Kasturbhai became the President of the society. Honors & Awards In 1952, when Kasturbhai founded Cyanamid of India with American Cyanamid, to become India's first modern dyestuff manufacturer, the company was inaugurated by Jawaharlal Nehru, India's first Prime Minister. He was awarded the Padma Bhushan Award by the Government of India in 1968. Death Due to his declining health, he retired from his services in 1977 and handed over the responsibilities to his relations. He died on January 20, 1980 in Ahmedabad, aged 85. Timeline 1894: Born on December 19 in Ahmedabad, Gujarat 1911: Completed matriculation 1912: Father died and took over the Raipur Mills 1920: Established Asoka Mills 1923: Elected as Representative of Mill Owners Association to the Central Legislative Council 1924: Appointed member of Standing Committee of Department of Industries and Labor of Government of India 1928: Formed Saraspur Mill Ltd. 1931: Founded Arvind Limited 1934: Elected President of Federation of Indian Chamber of Commerce and Industries 1935: Appointed President of Ahmedabad Mill Owners Association 1936: Founded the Ahmedabad Education Society, known as Gujarat University today 1937-49: Served as Director of Reserve Bank of India 1939: First diversification company Anil Starch Limited formed 1948: Set up the Lalbhai Dalpatbhai College of Engineering 1949: Founded Gujarat Chamber of Commerce and Industries; became Founder-President 1952: Established Atul Products Limited 1961: Co-founded the Indian Institute of Management Ahmedabad (IIMA), with Vikram Sarabhai 1962: Established the Lalbhai Institute of Indology 1968: Honored with Padma Bhushan Award 1972: Sankat Nivaran Society was launched 1977: Retired from business responsibilities 1980: Died in Ahmedabad on January 20, aged 85
Kudva brought the first Rotary Club to Mangalore for which he held the position of Charter President for quite some time. He then became and held the post of the President of several other companies and social organizations, namely, S.K. Development and Welfare Board, Small Scale Industries Association, and S.K. Village Industries Association. During his lifetime, Kudva made numerous trips across India and abroad, particularly during a time when traveling to foreign lands was difficult and unusual. In 1951, he went to the Middle East, Europe, and United States. Later in 1960 and 1963, he traveled yet again to Europe, United States, and Japan. Personal Life Kudva married Shantha, daughter of V.S. Kamath, in 1928. The couple had five sons and one daughter. Death Vaman Srinivas Kudva passed away on June 30, 1967 at the age of 68 years. Timeline 1899: Was born on June 9 in Mulki, Dakshina Kannada, Karnataka 1918: Completed schooling from Government College, Mangalore 1918: Took admission in Victoria Jubilee Technical Institute (VJTI), Bombay 1921: Quit studies and went back to Udupi to support Non-Cooperation Movement 1922: Started editing the Kannada Weekly "Sathyagrahi" 1923: Turned editor in Kannada Weekly "Swadeshabhimani" 1925: Co-founded the Canara Industrial and Banking Syndicate Limited 1926: Went to Mangalore and joined as works manager in CPC Co. Ltd. 1928: Married Shantha 1932: Became General Manager of CPC Co. Ltd. 1938: Turned Managing Director and held the position till 1966 1938: The Canara Sales Corporation Ltd. was set up 1941: Established The Newspaper Publishers Pvt. Ltd. 1941: The Canara Motor & General Insurance Co. Ltd. was launched 1943: Founded The Canara Workshops Ltd. 1947: Launched The Canara Tyre & Rubber Works Ltd. 1948: Elected as President of Kanara Chamber of Commerce and Industries 1950: Began manufacturing of automobile leaf springs under the brand Canara Springs 1955: Founded the Canara Foundation 1960: Established Karnataka Regional Engineering College at Suratkal 1964: Canara Industrial and Banking Syndicate Limited changed to Syndicate Bank 1967: Died on June 30 in Mangalore, aged 68 1969: Syndicate Bank was nationalized on July 19
A.M. Naik
Born On: June 3, 1942 Born In: Endhal, Gujarat Career: Chairman and Managing Director of Larsen and Turbo The Chairman and Chief Operating Officer of India's biggest engineering and construction conglomerate, Anil Manibhai Naik, is one of the most influential entrepreneurs in India. Ever since he took charge of Larsen & Turbo, he has fought many battles to take the company to the top. He made L&T a global leader through sheer hard work and through what he calls 'devotion beyond dedication'. He was the first professional to head the company and led it through its most unstable times. Under his dynamic leadership, the company recorded its most robust performance. In a long career spanning around forty-five years, Anil took just a day off. Now isn't this fact a testimony to his achievements? It sure is! Early Life A.M. Naik was born into a family of teachers in June 3, 1942 in Endhal in Southern Gujarat. His father was a teacher and also a strict Gandhian. Naik received his early education in Navsari. He finished a degree in mechanical engineering from the prestigious Birla Viswakarma Mahavidyalaya Engineering College in VV Nagar in Anand. Career In 1965, Anil. M. Naik joined Larsen & Turbo as a junior engineer and became the youngest manager in the history of the organisation. In 1985, he was made the 'General Manager' as he rose quickly through the ranks. In 1989, he took over as the Vice-President of the organisation and became the member of the Director Board. Anil M. Naik's broader perspective enabled the company to expand its horizons beyond domestic borders and reach a position which enabled it to become a global player. He restructured the company into several operating divisions and focused on improving shareholder value. The emphasis on HR and IT as twin engines of growth yielded the organization fruitful results. In 1995, Anil became the President of L&T and in 1999, took over as the 'Chief Executive Officer' and the Managing Director. In 2003, he became the Chairman and Managing Director of the organisation. In the early nineties, Anil M. Naik came up with the idea of manufacturing engineering equipments which saw the organization treading down the manufacturing path. It began manufacturing plastic machinery, tire machinery and custom engineering products. This enabled L&T to achieve major success in the indigenization of technology and in the technology and nuclear sectors. This paid rich dividends and the turnover of the company grew fifty times in eight years. This happened when Anil M. Naik took over as the Chief Executive Officer. Under his leadership, the company expanded its horizons in the IT sector and made huge profits. Anil.M. Naik has involved himself in many social activities and is currently into the development of an educational institution set up by his father in Navsari in Gujarat. He is also associated with several educational and charitable institutions that help support the rural population of India. He is also a member of the Board of Trustees of the Indian Business Trust for HIV/AIDS. Contributions As soon as he took over as the CEO of L &T, he came up with a 90 days action plan. He brought back a merit system to attract the younger generation to the company. According to him, the best way to attract young engineers to an organization was to change the way of rewarding them. Anil Manibhai Naik was also instrumental in leading the organization through a manufacturing path which helped raise the turnover of the company fifty times over in around eight years. Legacy Anil Manibhai Naik is an inspirational entrepreneur since he dedicated half of his life to make his organisation, the biggest engineering giant in India and one of the largest in the world. Awards And Accolades Business Leader of the Year Building India by NDTV Profit. Gujarat Garima Award, 2009 'Lakshya Business Visionary Award by the National Institute of Industrial Engineering (NITIE) 'Asia Business Leader Award, CNBC Asia, 2010 'CNBC Asia - Outstanding Business Leader Award, 2010. Timeline 1942 - Born in Endhal in Southern Gujarat. 1965 - Joins Larsen & Turbo as a junior engineer. 1985 - Is appointed as the General Manager of L & T. 1989 - Took over as the vice-president of the organization and became member of the director board. 1995 - Becomes the President of L&T 1999 - Takes over as the Chief Executive Officer and the Managing Director. 2003 - Was appointed as the Chairman and Managing Director of the organisation.
Analjit Singh
Analjit Singh is a self driven man, his dedication and hard work is an inspiration to many new entrepreneurs. Coming from an illustrious business family background most would assume that his journey towards being a successful capitalist was an effortless one. Well not in his case, backed by buoyancy and zest to achieve his goals Singh managed to outshine his peers. He is the Chairperson and founding member of Max India, Max New Life Insurance ltd, Max Healthcare and Max Bupa Health Insurance. With his business expertise and astuteness he has been constantly reinventing and streamlining his ideas to keep up with changing business trends. Analjit Singh is a member of the Prime Minister's Joint Indo-US CEOs Forum and continues to hold top ranking positions in several renowned Indian companies Vodafone Essar, Tata Tea, Industrial Development Bank of India and Hero Honda Motors. Read on to know more about the man behind Max New York Life Insurance, Analjit Singh. Early Life Analjit is the youngest son of Bhai Mohan Singh who was the former founder of Ranbaxy Laboratories and Max India. He completed his early education from Doon School, Dehradun and then went on to enroll himself in the Shriram College of Commerce to earn a degree in commerce. Analjit then later moved to the USA to earn his MBA from a graduate school of management that was associated with the Bostan University. He grew up with two siblings named Parvinder and Manjit. Career When Analjit returned from the USA after completing his MBA he joined the family business, a pharmaceutical company named Ranbaxy. However, his work at Ranbaxy was short lived due to a family dispute; his father divided the business in 1989 to settle the differences. His elder brother Parvinder was given Ranbaxy Laboratories and the real estate portion of the business went to his Manjit Singh, Analjit's other brother. Analjit was left with a rundown factory at Okhla where he had to offer a voluntary retirement scheme to his workers from his own earnings. In 1992, his hard work and dedication paid off when he put together an alliance with Hutchison Telecommunications, Hong Kong, to gain cellular and radio paging services in India. The venture proved to be profitable despite its operations being functional only in Mumbai. In a short span of just six years the company earned a profit of Rs. 1,368 crores. Hutch held a stake of 49% in the business and the remaining 51% of the equity holdings was held by Analjit's company. Due to the successful business venture in Mumbai, the obvious thing to do was to expand the business by going national but Analjit's ambition to do so failed. His business partner Hutch felt that the licensing fee was exorbitant along with certain qualms. Despite several efforts to expand his prevailing telecom business Analjit was left with no other option but to close down the company for a whopping Rs. 561 crores for the sale of just 41% of the shares. Although retirement was on the cards Analjit refused to back away from the business circuit as he felt that there were many unexplored pockets. He thereafter ventured into life insurance and healthcare in 1999, but then had no idea that he had actually hit a jackpot. During his initial years Analjit gradually sold off his assets at a profitable price to pump capital for his new business. His company Max India has a trustworthy approach combined with a great business strategy that he strongly believes in. Analjit also wanted to get into education and soon figured that the best way to get involved was to become a member of a governing body; he is the founder member of Indian School of Business in Mohali. Awards and Achievements Over the years Analjit has not only proved to be a dynamic business personality but also shown that he is great with philanthropist ideas. He has been actively involved in several social causes, being the Chairperson and the Chief Beneficiary of Max India Foundation (MIF). MIF is a socially responsible organization and has tied up with many NGO's such as SOS Children's Village, Manav Seva Sannidhi, CanSupport and Chinmaya Mission. To aid underprivileged children with good healthcare services, provide medical awareness among womenfolk, and support environmental issues are few of the concerns the foundation has focused on. During his career. Analjit has been conferred with several accolades but the one that stands out the most is the one he received from Senator Hillary Clinton by The Indian American Center for Political Awareness (IACPA). The award was given to honor his outstanding contributions in addressing the global community to help understand a modern and effervescent India. Recently, he also received the Padma Bhushan from the Indian President. Timeline 1986: He joined his father's company Ranbaxy Laboratories 1992: He partnered with Hutchison Telecommunications 1998: Sells 41% of his holdings to Hutchison and Kotak Mahindra Group. 2000: He establishes Max New York Life Insurance. 2005: Sell 10% of the holdings. 2008: Ties up with Bupa Finance Plc of London to set up a health insurance scheme.
Anand Mahindra
Born On: 1st May, 1955 Born In: Mumbai, Maharashtra Career: Entrepreneur Anand Mahindra is the Managing Director and Vice Chairman of the Mahindra & Mahindra Group, which is amongst the top ten industrial houses in India. This renowned group was established by his grandfather K.C. Mahindra in Ludhiana, Punjab. Anand Mahindra is interested in educational issues and sports and thus, is a member of Harvard Business School - Asia-Pacific Advisory Board, Harvard Business School - Member of the Board of Dean's Advisors, Harvard University Asia Centre - Advisory Committee, Asia Business Council, National Sports Development Fund (NSDF), Government of India - Council and Executive Committee, The Nehru Centre, Mumbai - Executive Committee, National Council of Applied Economic Research, National Institute of Bank Management, Pune - Governing Board. A long list, don't you think? Apart from this, he is a big fan of football and plays tennis quite a lot too. Read on to know more about the man behind the Mahindra & Mahindra Group. Early Life Anand Mahindra was born on 1st May, 1955 in Mumbai, Maharashtra and belongs to a famous business family. He is the son of late Harish Mahindra and Indira Mahindra. In 1977, he pursued a graduate degree at the Harvard College, Cambridge, Massachusetts. He was a member of the Phoenix S.K. Club. In 1981, he finished his Masters in Business Administration from the Harvard Business School, Boston, Massachusetts. He is now married to Anuradha Mahindra, who is the famous editor of the magazines 'Verve' and 'Man's World' and is the Editor-in-Chief of Rolling Stone India. The couple together has two daughters. Career In 1981, Anand Mahindra came back to India and joined the Mahindra Ugine Steel Company (MUSCO) as an Executive Assistant to the Finance Director. In 1989, he became the President of this leading group and this was when he expanded the company into the sectors of real estate development and hospitality. In 1991, he was assigned the duty of Deputy Managing Director of Mahindra & Mahindra Group. He took the responsibility as the Managing Director of the business in 1997 and became the Vice Chairman in 2003. Besides this, he was a Co-Promoter of Kotak Mahindra Finance Ltd., and transformed it into a bank in 2003. Kotak Mahindra Bank is now one of the leading banks in the private sector. It was under Anand's management that his group successfully set up global objectives and standards for achieving success. In the year 2002, the Mahindra & Mahindra Group introduced an indigenously developed SUV, the Scorpio, which built positive impressions for the company and helped give it a global identity. Thus, the company has developed through both acquisitions and Greenfield business development. The company's possession activities include the possession of Satyam Computer Services in 2009, Reva Electric Vehicles in 2010 and Ssangyong Motor Company in 2010. Anand has been the past President (2003-04) of the Confederation of Indian Industry and has also served the Automotive Research Association of India (ARAI) as its President. Anand Mahindra is the Co-Founder of the Harvard Business School Association of India, which is an association devoted to the advancement of professional management in India. He is also the Co-Chairperson of the World Economic Forum at Davos. Mr. Anand is a Director of the National Stock Exchange of India Limited selected under the 'Public Representatives' category. Along with this, he is the Trustee of the K.C. Mahindra Education Trust, which offers scholarships to students and he also on the Board of Governors of the Mahindra United World College of India. He is the Chairman of the National Safety Council of India and is the Founder Chairman of the Mumbai Festival, which began in 2005. This occasion was the first inclusive festival to celebrate the opulent cultural diversity of Maharashtra. Anand Mahindra is the Co-Chairman of the International Council of Asia Society, New York. Awards and Accolades Anand Mahindra was honored as the Knight of the Order of Merit by the President of the French Republic in 2004 and also received the Rajiv Gandhi Award for his outstanding contributions to the business field. It was in 2005, when he was awarded the Person of the Year award from Auto Monitor and the Leadership Award from the American India Foundation for the commitments to corporate social responsibility met by him and the Mahindra & Mahindra Group. In 2006, he received the CNBC Asia Business Leader Award and the Ludhiana Management Association presented him with the Entrepreneur of the Year Award. In 2007, he received the honor/title of the 'Most Inspiring Corporate Leader of the Year' from NDTV Profit. He has been entitled as the Business Leader of the Year (2008-2009) by the Economic Times Awards. Recently, Anand was ranked as one of the most influential men & women in Mumbai by Daily News and Analysis. Contribution Anand Mahindra contributed $ 10 million to the Harvard University in the name of his mother, Indira Mahindra for supporting the Humanities Center. This huge amount was contributed for the advancement of the distinctive interdisciplinary alliances led by the Director of the Humanities Center, Homi Bhabha. Under Anand's supervision, the company opened a new and separate field, Mahindra Systems and Automotive Technologies to lay emphasis on enhanced modules and to offer better engineering services. Apart from this,
the firm has made strategic acquisitions of plants in the United Kingdom and China. It has three assembly plants in the United States of America and has collaborated with international companies like Renault SA, Nissan and the International Truck and Engine Corporation, USA. Timeline 1955: Born in Mumbai, Maharashtra 1981: Returned to India and joined Mahindra Ugine Steel Company (MUSCO) as an Executive Assistant to the Finance Director 1989: Became the President of this leading group 1991: Became the Deputy Managing Director of the Mahindra & Mahindra Group 1997: Became the Managing Director of the Mahindra & Mahindra Group 2003: Became the Vice-Chairman of the Mahindra & Mahindra Group 2004: Knight of the Order of Merit by the President of the French Republic. 2005: Person of the Year from Auto Monitor and Leadership Award from the American India Foundation. 2006: Received the CNBC Asia Business Leader Award and Entrepreneur of the Year Award by the Ludhiana Management Association. 2007: Received the Inspiring Corporate Leader of the Year Award from NDTV Profit.
Biki Oberoi
Born On: 1929 Career: Hotelier Prithvi Raj Singh Oberoi, better known to the world as Bikki Oberoi, is the son of late Rai Bahadur M.S. Oberoi, the founder of the Oberoi chain of hotels. Building up on his father's legacy, Bikki Oberoi steered the Oberoi chain of hotels to further heights, taking every opportunity that came his way and making 'Oberoi' a brand name to reckon with. Coming from an affluent family, Bikki Oberoi had an experience that very few people could boast of. Using this experience into his business, Bikki Oberoi has managed to come a long way, becoming one of the leading hoteliers in the world and making significant contribution in the hospitality industry. He is known for using novel strategies that have become a boon to the business of Oberois-making himself indispensable to the company and proving himself as a worthy heir of the great empire. Early Life Prithvi Raj Singh was born to Rai Bahadur M. S. Oberoi. Right from his childhood, Bikki showed keen interest in his father's business. By the time he was in his early twenties, his father had already established himself as an hotelier and had expanded his business to an extent that he could pamper his son with all the luxuries in the world. After completing his education, Bikki Singh left for a long trip, travelling around the world and experiencing new places and their best hotels. Career Born in an affluent family, Bikki stayed away from the helm of hotel business until the age of thirty-two. After being discreet about the events of his life during these thirty-two years, Bikki finally disclosed the secret in an interview. He revealed that after he finished his studies, he travelled to almost every major country in the world and stayed in their best hotels where he had the firsthand experience of sampling their best, from great food to awesome services. Squeezed from all these years of travel, he took back the rich experience of the world to his father's business and strived to boost it up than before. He took to his father's ability of a businessman and brought in with him higher goals for the Oberoi Group. Excellent in leadership and management skills, he started new chains of luxury hotels in many countries. Because of him, the Oberoi hotels are placed and rated among the international line-up of luxury hotels today. Currently, he is the Chief Executive Officer, Director and Member of Investors Grievances Committee at EIH Ltd. Apart from this, he is the President and Chairman of Investors Grievances Committee at EIH Associated Hotels Ltd., Chairman of the Board at Mercury Travels Limited, Chairman of the Board at Mumtaz Hotels Limited, and Chairman and Managing Director at Indus Hotel Corporation Ltd. and the Chairman of the Oberoi Group. Personal Life In 1959, he married Goodie and had two sons. This year (2011) he declared Vikram as the heir of the Oberoi Empire. His nephew Arjun Oberoi also helps him to manage his vast hotel business spread worldwide. Contributions Bikki Oberoi has made a huge contribution to the hospitality industry, which has made India one of the best in the hotel business in the world. Awards and Accolades Bikki Oberoi was given the Grand Officer of the Alalaoui Wissam award by the King Mohammed VI of Morocco for his contribution to tourism and Indo-Moroccan relations. He was conferred lifetime achievement award by the sixth International Hotels Investment Forum in Berlin in the year 2003. In the year 2004, a special award was conferred to him by the Department of Tourism, Government of India for his contribution in the tourism sector. He was given the lifetime achievement award at the CNBC TV 18 India Business Leader Awards in 2007. He received the Padma Vibhushan award in April 2008. Received lifetime achievement award at the South Asia Travel and Tourism Exchange in 2008. Won Outstanding Business Leader Award from the Chambers of Commerce and Industry and Society of Indian Law Firms in September 2008. Got lifetime achievement award at Ernst and Young Entrepreneur of the year awards in November 2008. He was named businessman of the year by Business India Magazine in 2008. He was felicitated with 'Hall of Fame award at the Hotel Investment Forum India in 2009. Received Lifetime Achievement award at the first Economic Times TAAI travel awards in 2009. Was given Corporate Hotelier of the World award by HOTELS magazine in 2010.
Timeline 1929: Bikki Oberoi was born. 1959: Got married to Goodie, the daughter of an affluent Punjabi landlord. 2001: Received his first award from the King Mohammed VI of Morocco. 2003: Received lifetime achievement award. 2008: Received Padma Vibhushan. 2009: Received Hall of Fame Award. 2010: Received Corporate Hotelier of the World Award. 2011: Declared his son Vikram Oberoi as the heir of the Oberoi Group.
Captain Gopinath
Born In: Gorur, Karnataka Nationality: Indian Known As: Entrepreneur Coming from a modest background, Captain Gopinath is a multi-faceted personality. He comfortably shifted into different guises: an Army Officer, India's leading business man, an independent political candidate, an eco- friendly farmer and a well known author. With so much diversity to his personality it is no doubt that he is one of the most interesting and distinguished persons that one can come cross. Despite his many roles he is well known as a pioneer of low-cost airlines, a venture capitalist who revolutionized the face of Indian aviation in the country. His book "Simply Fly" sheds light on the remarkable journey of turning his ambitious vision into a successful business story. Unlike other entrepreneurs Captain Gopinath's attempts to inspire young business men in the country have been successful. His phenomenal success in such a short span of time has been rewarded by many well known and prestigious institutions. Read on to know more about his life and career. Early Life Captain Gopinath hails from a small town known as Gorur located in the Hassan district in Karnataka state. He finished his early schooling at the Sainik Military School that was situated in Bijapur before he joined the famed National Defence Academy and then passed out from the Indian Military Academy. Once he was done with his graduation he was appointed as an Officer of the Indian Army. Career Once he joined the Army, Captain Gopinath served for eight years before he retired from the 'Armed Forces'. Thereafter he became interested in farming and later started a hotel in Hassan. It was not until the year 1995 when the government took measures to improve the aviation sector in India, several rules where relaxed in order to encourage entrepreneurs to invest and explore air transportation. The reforms initiated by the management did see positive results as many new players started to show a keen interest in this sector, Captain Gopinath was also one among them. It was him and a close friend from the armed services who came together with the idea to start a private commercial helicopter service known as Deccan Aviation. In 1997, the service became operational, while Bangalore became its headquarters. The helicopter service extended to cities like Ahmedabad, Cochin, Delhi, Indore, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad, Bhubaneswar, Jamshedpur and Coochbehar. This aviation company began with just a single helicopter, but currently boasts of a fleet that commutes across several destinations in the country. In 2003, Captain Gopinath began his first air-craft service known as Air Deccan, this air service was a low-cost brand, the main aim was to fulfill the comman man's dream to fly. Air Deccan was one of the first low-cost services in India and was an instant success but due to the excessive competiton from other similar airline carriers, Air Deccan soon started to lose out to the competition. The company's overwhelming growth also saw the entry of several other low cost airbuses such as Indigo Airlines, Go Air, Spice Jet and Jet Lite. In 2007, Captain Gopinath was left with no other altenative but to consolidate with the Kingfisher Airlines, the merger earned him substanial profits. Currently Air Deccan is known as Kingfisher Red with Vijay Mallya being the CEO and Chairman. Meanwhile, the helicopter services exteneted to Sri Lanka in 2004 promoting itself as a major private charter services. The year 2009 saw Captain Gopinath get into the role of a politician when he stood as an independent candidate in the Lok Sabha elections, but failed to gather sufficent support from the general public. On the business front he was also responsible for starting operations for a new freight flight known as Deccan 360. Awards and Achievements Captain Gopinath has been an important face of India aviation; his business ideologies transformed the airline sector into a thriving and profitable sector. Today, a airline is no more restricted to just an elite group of people but has become a affordable and feasible transportation means in the country. Captain Gopinath's contributions has won him several accolades, some of them have been the Rolex Awards for Enterprise, Rajyotsava Award, Chevalier de la legion d'Honneur, Personality of the Decade Award and Sir M Visvesvaraya Memorial Award. Time Line 1997: He started Deccan Aviation operations. 2003: He commenced Air Deccan operations. 2004: Deccan Aviation extended to Sri Lanka. 2007: Air Deccan merged with Kingfisher Airlines. 2009: He commenced Deccan 360 and ran for the Lok Sabha elections.
Chanda Kochhar
Born On: November 17, 1961 Born In: Jodhpur, Rajasthan Career: MD, CEO, ICICI Bank In India's male dominated banking sphere, Chanda Kochhar carved a niche for herself. This was no easy task. In her career which extends to over three decades of experience, she remained strong willed and alert. Her determination to make it to the top only grew from year to year. Kochhar's career growth can be traced along with the expansion of the bank over the past several years. She never stuttered in her growth and was one of the few who kept up with the aggressive development run of ICICI bank. It was her sharp strategic planning which made the ICICI bank the 'Best Retail Bank in India' for five consecutive years. As per Forbes, It's no wonder then that she has been ranked 20th amongst the most powerful women in business and in the world. Read on to find out more about how Chanda Kochhar made it to the top of the corporate pile. Early Life Chanda Kochhar was born in Jodhpur in Rajasthan on November 17, 1961, but was raised in Jaipur in Rajasthan. She then joined Jai Hind College in Mumbai for a Bachelor of Arts degree. After completing her graduation in 1982, she pursued cost accountancy (ICWAI). Later, she did her Master's degree in management studies from the esteemed Jamnalal Bajaj Institute of Management Studies in Mumbai from where she received a Wockhardt Gold Medal for Excellence in Management Studies. In the same year, she won the J.N Bose gold medal for Cost Accountancy. Career In 1984, after her masters, Chanda Kochhar joined 'The Industrial Credit and Investment Corporation of India Limited' or ICICI Limited as a management trainee. In her initial years in ICICI, she handled project appraisal and monitoring and various projects in Petrochemicals, Textile and Cement and Paper. In 1994, she became the Assistant General Manager and was promoted to the post of Deputy General Manager in 1996. She headed the Infrastructure Industry Group of ICICI. In 1999, she was promoted as the General Manager and became the head of ICICI's 'Major Client Group' which handled relationships with the top 200 clients of the organisation. In 1999, she started handling the Strategy and E-commerce divisions of ICICI. Under Kochhar's leadership, ICICI began its retail business in 2000 and in the next five years, became the biggest retail financer in India. In 2001, she became the executive director of ICICI bank. In April 2006, she was appointed as the Deputy Managing Director of ICICI bank and managed the corporate and retail banking business of ICICI bank. From October 2007 to April 2009, she was the Chief Finance Officer (CFO), Joint Managing Director (JMD), and the official spokesperson of ICICI. She was also the head of the Corporate Center of ICICI bank, the director of the ICICI group of companies, Chairperson of ICICI Bank Eurasia Limited Liability Company and ICICI Investment Management Company Limited. Chanda Kochhar also held the positions of Vice-Chairperson of ICICI Bank UK and ICICI Bank Canada and the position of Director of ICICI International Limited and ICICI Prudential Life Insurance Company Limited. In May 2009, she was appointed as the Managing Director and the Chief Operating Officer of ICICI bank for a term of five years. Contributions Chanda Kochhar was a part of the core team when ICICI decided to set the ICICI Bank 1993. In 2000, when the organisation decided to develop its wings, she decided to keep the bank open for twelve hours in a day when other banks were open for four to seven hours a day. She was also one of the bankers who came up with electronic banking and installed 2000 ATM machines all over India. Under Kochhar's leadership, ICICI was awarded the 'Best Retail Bank in India' in 2001, 2003, 2004 and 2005. In 2002, the bank was given the 'Excellence in Retail Banking Award'. Legacy Chanda Kochhar is one amongst the two women who is the head of an Indian domestic bank. Joining the ICICI bank as a management trainee, she was instrumental in making ICICI bank the largest retail financer in India. She is an inspiration to women all over the world. Awards And Accolades 'Retail Banker of the Year' (Asia - Pacific region) by The Asian Banker, 2004 'Business Woman of the Year' by The Economic Times, 2005 'Rising Star Award' for Global Awards by Retail Banker International, 2006 Featured in the list of '30 Most Powerful Woman Leaders' in business for 8 consecutive years from 2002 to 2010 'Transformational Business Leader of the Year' by All India Management Association, 2010 Ranked 10th in the Fortune's List of 'Most Powerful Women in Business', 2010 Ranked 92nd in the Forbes List of 'Most Powerful Women' in the world, 2010 'Outstanding Woman Business Leader of the Year' award by CNBC TV18, 2010' Ranked 11th in the List of 'Top 50 Woman in World Business' by the Financial Times, 2010 Padma Vibhushan, 2011
Timeline 1961 - Born in Jodhpur in Rajasthan. 1982 - Completed her graduation and pursued cost accountancy. 1984 - Joined 'The Industrial Credit and Investment Corporation of India Limited' or ICICI Limited. 1994 - Became the Assistant General Manager of ICICI bank. 1996 - Became the Deputy General Manager. 1999 - Took over as the General Manager and became the head of ICICI's 'Major Client Group'. 2000 - ICICI began its retail business under Kochhar's leadership. 2001 - Became the executive director of the ICICI bank. 2006 - Appointed as the Deputy Managing Director of ICICI bank. 2009 - Appointed as the Managing Director and the Chief Operating Officer of ICICI bank. 2011 - Awarded Padma Vibhushan.
Deepak Parekh
Born On: 18th October, 1944 Career: Chairman of HDFC Deepak Parekh is the Chairman of HDFC (Housing Development Finance Corporation, which is a top mortgage finance company. Besides being the Chairman, he is also the unofficial crisis consultant of the Indian Government. He, with his hard work and intelligence developed HDFC into the huge financial multinational firm that it is today. He also served Satyam Computer Services as an independent director from 11th January to 17th July, 2009. He believes in hard work, great zeal and perfection. According to him, it is very important to stick on to moral values and ethics, only then can one become a great businessman. Following immoral methods will lead only to the loss of reputation. If a person's reputation is gone it is very difficult to get it back. Read on to know more about Deepak Parekh, a prominent Banker and a well-known expert of finance in India. Early Life Deepak Parekh was born on 18th October, 1944 in India. He pursued his Bachelor of Commerce degree from the Sydenham College of Bombay University and acquired a Financial Chartered Accountant degree from England and Wales. At present, he lives in Mumbai. Career Mr. Parekh started his career as a chartered accountant in Ernst & Young Management Consultancy Services in New York. When he came to back to India, he worked with Grindlays Bank and Chase Manhattan Bank as the assistant representative for South Asia. In 1978, he joined HDFC and was promoted as the Managing Director in 1985 and thus became the Chairman in 1993. Besides this, in 1997, he became the Non-Executive Chairman of IDFC (Infrastructure Development Finance Company Ltd.) which is a Government enterprise for projects of infrastructure. He also served as the Non-Executive Chairman of Glaxo India Ltd. till 2008 and is the Chairman of Burroughs Wellcome (India) Ltd. and worked on the Board of Castrol India Limited, Hindustan Unilever (since 1997), Siemens Ltd, Mahindra & Mahindra (since 1990) and Indian Hotels Company (since 2000). He is a member of the proactive advisory board of the world's biggest student determined organization AIESEC India. Along with this, he has also been a part of several Committees made by Indian Government. In 1964, he was made the Chairman of the high level of expert committee which was formed to suggest the ideas for the growth of the Unit Scheme. He was appointed the Chairman of the Advisory Group for Securities Market Regulation by the Reserve Bank of India. Later on, he became the Chairman of the National Thermal Power Corporation Ltd. He has served the Singapore Telecommunications Ltd. as a Non-Executive Independent Director, has been a Director of WNS Global Services Pvt. Ltd. and a Director of Steel Authority of India Ltd., Airports Authority of India and Lafarge India Pvt. Ltd. He serves the Exide Industries Ltd. as an Alternate Director and as a Director of Indo-German Chamber Of Commerce. Awards and Accolades Deepak Parekh was honored as the Businessman of the Year 1996 by Business India. He was also given the JRD Tata Corporate Leadership Award by All India Management Association (AIMA) and was the first to receive the Qimpro Platinum Award. Mr. Parekh was the youngest man to get the respected Corporate Award for the Life Time Achievement by the Economic Times. He was also honored with the Padma Bhushan in 2006 and in 2009 he attended the state dinner at the White House hosted by US President Barack Obama in honor of the Indian Prime Minister Manmohan Singh. Besides this, he received the Outstanding Business Leader Award from CNBC-TV18. In 2010, for his input to the finance and accountancy profession from many years, the Institute of Chartered Accountants in England and Wales honored him with an Outstanding Achievement Award. Contribution Deepak Parekh has played a very significant role in developing the financial sector of India and has also contributed in establishing French firms in India. According to the Government of France, Mr. Parekh has improved the relations of India and France in the economic sector. Mr. Parekh made it possible for the middle class people of India to own their houses or flats by providing them with loans at affordable rates. Timeline 1944: Born in India. 1978: Joined HDFC. 1985: Became the Managing Director of HDFC. 1993: Became the Chairman of HDFC. 1996: Businessman of the Year by Business India. 1997: Became the Non-Executive Chairman of IDFC. 2006: Honored with Padma Bhushan. 2009: Attended a state dinner at the White House hosted by US President Barack Obama in honor of the Indian Prime Minister Manmohan Singh and received the Outstanding Business Leader Award from CNBC-TV18. 2010: Received the Outstanding Achievement Award from the Institute of Chartered Accountants in England and Wales.
Harish Manwani
Born On: 1954 Born In: India Career: Entrepreneur Harish Manwani is a business entrepreneur who was named Unilever's first global chief operating officer. He is Unilever's geographical president of Asia, Africa and Central and Eastern Europe. Being a devouring and devoted golfer he loves playing bridge occasionally. Harish Manwani, is described as a go-getter and is known for his consistent performance. He is respected by his colleagues and friends. He is a man who believes in relentless execution. Visiting customers is one of the must-dos in Harish Manwani's list every time he visits a country. He is currently a member of the Executive Board of the Indian School of Business. He is personally considered a bold person with a strong will and a focused mind towards his business and life. Success has been in his hands and he is an expert at balancing fun and work. Read on to know more about the life and profile of Harish Manwani. Early Life Harish Manwani is an honors graduate from the Mumbai University and has a master's degree in management studies. He also attended the Advanced Management Program at the Harvard Business School. He served as the Chairman of Unilever's Latin America Advisory Council. Harish is married and has two daughters. He spends his leisure time with his family and enjoys playing golf and an occasional game of bridge. Career Harish Manwani joined Hindustan Lever Ltd (HLL), now Hindustan Unilever Ltd (HUL), in 1976 and became a board member of HLL in 1995. He was responsible for the Personal Products business. He also took care of the business group in Central Asia and Middle East. He became Senior Vice President of Global Hair Care and Oral Care in 2001 and moved to the UK. The next year he was appointed President of Home and Personal Care of the Latin America division. He was also made Chairman of Unilever's Latin America Advisory Council. He became President and CEO of HPC North America in 2004. He joined Unilever in 2005 as the President of its Asia and Africa division. He is also a member of the Executive Board of the Indian School of Business and serves on the Supervisory Board of ING Group. He was appointed as the global COO for Unilever in June 2011. Mr. Harish Manwaniassumed charge as the Non-Executive Chairman of the Company became effective on 1st July, 2005. He is also the President - Asia & Africa, Central & Eastern Europe and a member of the Unilever Executive (UEx). He is currently Unilever's Chief Operating Officer. Contribution Harish Manwani's professional contribution to the field of business is vast. He has always believed in the 'Think local, Act local' concept to achieve customer satisfaction. This helped in the development of his company. Nitin Paranjpe and Harish Manwani's shared vision contributed to HUL's growth story. HUL produces all fast moving consumable products. Awards and Accolades The Asia Business Leader of the Year in 2008 by CNBC Asia. Timeline 1954: Born and brought up in India. 2000: He moved to the UK as Senior Vice President, Global Hair Care and Oral Care. 2001: He was appointed President, Home and Personal Care, Latin America business group. 2004: He was appointed President and CEO of the HPC North America business group. 2005: Joined Unilever as President, Asia Africa. 2008: Received the CNBC Asia Business Leader of the Year award. 2011: Becomes the President for Asia Africa, Central and Eastern Europe at Unilever.
Karan Bilimoria
Born On: 26 November, 1961 Born In: Hyderabad, India Career: Entrepreneur If the ability of a good entrepreneur is to bounce back from pits and falls, then Karan Bilimoria should be that one man who did so and passed in flying colors. Having started his journey to the top at the age of twenty-seven, he worked hard to carve a path for himself in the world of beers. He finally ended up as the founder of Cobra beer which enjoys a considerably huge turnover and is one of the fastest growing beer brands in the United Kingdom. With sheer hard work and determination, Karan Bilimoria achieved the life of his dreams and even went on to become a member of the House of Lords in England. Bilimoria's profile will leave you wondering a lot on how he found the time to do an endless number of things in life. He is the hands - on executive of Cobra Beer, apart from being at the helm of numerous organisations and charitable institutions. Early Life Karan Bilimoria was born on 26th November, 1961 to Lieutenant Colonel F.N.Bilimoria in a Parsi Zoroastrian family in Hyderabad. He grew up hearing the fascinating stories of his great grandfather D.D.Italia who started a liquor business from scratch. He studied in several schools as a boy since he was born into a military family. However, he completed his education at Hebron School, in the Nilgiri Hils in India. He finished a degree in commerce from the Osmania University in Hyderabad in 1981. Then, he went on to become a chartered accountant for Ernst and Young, where he got trained and worked for four years. In the meantime, he completed his Bachelor of Arts degree in Law from Sidney Sussex College, University of Cambridge. Career Soon after he completed his education, Karan Bilimoria set out to try his hand in business as it was his passion. He started selling polo sticks made in India to retailers from U.K. His family was not supportive of his business as they believed that he had the education to find himself a secure job. However, he always knew he would find a suitable business that would fulfill his dreams. It was in 1989 when he got the idea to manufacture a beer that would be less grassy than conventional beers and a brew that can balance the curry-laden diets of his countrymen. With no experience in brewing and over 20, 000 pound sterling's in debt, he went on to form 'Panther' ( the name was changed to 'Cobra' later) along with his partner Arjun Reddy. Arjun's uncle introduced them to Mysore Breweries in India. Soon, their new beer was brewed and was ready to be sold. Having some experience in sales from his previous polo project, Karan visited pubs and restaurants all over India with the samples of his new brew. However, he found out that many of the owners to whom he was trying to sell the brew did not drink due to religious reasons. He then offered his beer to the regulars of his establishments and this turned out to be an instant success. He brewed Cobra first in Bangalore in India till 1996. Then, in order to capture the U.K. market, he decided to start brewing beer in England along with the Charles Wells Brewery, which is the largest brewery in United Kingdom. His hands on approach enabled Cobra Beer to enter the competitive world wide market. In 1999, he introduced General Bilimoria Wines and by 2006, the sales grew to over 96 million pound sterling. In 2010, Cobra Beer posted a recorded sale of 48 million pound sterling with a profit of 4.9 million pound sterling. At present, the company imports its products to more than 50 countries. Today, Bilimoria is known as Lord Bilimoria of Chelsea and reached the same heights as did his great grandfather, whose stories he loved to hear when he was a child. Contributions and Achievements Karan Bilimoria came up with a program in 2005 called Cobra Vision which allowed amateur film makers in the United Kingdom to screen their films during commercial TV. In 2005, he was appointed the Chancellor of Thames Valley University and became the youngest Chancellor of a university in the United Kingdom. Karan Bilimoria is also the member of a National Employment Panel and is the Chairman of the panel's Small and Medium Sized Enterprise Board (SME). He is the Deputy Lieutenant of Great Britain and a member of the London Chamber of Commerce. He also works as a guest lecturer at the Cranfield University School of Management, London Business School and Cambridge University Business School. His company has won numerous gold medals at premiere international events in Brussels. Karan Bilimoria is into charitable activities too. He is the patron of Thare Mache Starfish Initiative and the Chairman of the Advisory Board of the Shrimati Pushpa Wati Loomba Memorial Trust which takes care of the education of children of financially challenged widows in India. Bilimoria also has authored a book namely 'Bottled for Business: The Less Gassy Guide to Entrepreneurship'.
Awards and Accolades Asian of the Year, 2002 London Entrepreneur of the Year by Ernst & Young, 2003 Commander of the British Empire (CBE), 2004 Business Person of the Year by the London Chamber of Commerce and Industry, 2004 Award for Outstanding Achievement by Institute of Chartered Accountants in England and Wales, 2005 Indo British Partnership Award from the Non-Resident Indian (NRI) Institute, 2005 Man of the Year at the Drinks Business Awards, 2006 Honorary doctorates by Brunel University (2005), Heriot-Watt University and Staffordshire University Timeline 1961: Karan Bilimoria was born in Hyderabad. 1981: Finished his degree in commerce at the Osmania University in Hyderabad. 1988: Completed his Bachelor of Arts degree in law at Sidney Sussex College, University of Cambridge. 1989: Started a beer company that manufactured beer which was less grassy than conventional beers. The beer was initially named 'Panther'. 1990: The name of the beer was changed to 'Cobra' and it was imported to the U.K. 1996: Brewing moved to the U.K. 1999: Introduced General Bilimoria Wines. 2002: Opens offices in India and New York. 2003: Opens offices in South Africa and production moves to Poland too. 2004: Exports Cobra beer as 'Krait' to the United States of America. 2006: Bilimoria becomes Executive Chairman of his company as Adrian McKeon takes over as Chief Executive Officer.
K.V. Kamath
Born On: 2nd December, 1947 Born In: Mangalore, Karnataka Career: Non-Executive Chairman of ICICI Bank Kundapur Vaman Kamath, popularly known as K.V. Kamath is a leading personality of the finance sector in India. He is very intelligent and has modernized the banking sector in India with his excellent and innovative concepts of 'Universal Banking' and proper management of employees. He has been accredited for the expansion of the business of ICICI Bank to change it completely into a tech-savvy financial firm that provided every kind of financial services to retail consumers and corporates. It was all because of his contributions and direction that the ICICI Group was converted into a specialized, technology based financial organization that deals in banking, insurance and asset management in India. It has also become an international company. Thus, with his hard work, devotion and intelligence he achieved popularity on both national and international levels. Claim to fame: K.V.Kamath is the first non-founder to become the Chairman of Infosys. Read on! Early Life K.V.Kamath was born on 2nd December, 1947 in Mangalore, Karnataka. Mr. Kamath belongs to a Gaud Saraswat family. He finished his primary and intermediate education from St. Aloysius School and then pursued his Mechanical Engineering from the Karnataka Regional Engineering College, Surathkal which is presently known as the National Institute of Technology, Karnataka. In 1969, after completing his graduation he finished a Master's Degree in Business Administration from the Indian Institute of Management, Ahmedabad. He married Rajalaxmi and the couple has two children, a son Ajay Kamath and a daughter Ajnya Kamath Pai. Kamath presently resides in Mumbai. Career K.V.Kamath started his career serving the ICICI Bank in the finance division project and then shifted to several departments for gaining experience in establishing new businesses such as venture capitalism, leasing, credit rating and also to be on the position of General Manager. When he became the General Manager, he started and executed the Computerization Programme of ICICI. In 1988, he joined the Private Sector Department of the Asian Development bank, Manila and was the delegate of the Asian Development Bank on the boards of many companies. There he worked on several projects carried in different countries including Indonesia, Philippines, China, Vietnam and Bangladesh. It was in 1996 May, when he came back to ICICI as the Managing Director and Chief Executive and industrialized the retail business. From 1996-98, he introduced a series of acquisitions of non-banking financial firms which resulted in the establishment of ICICI Bank. He retired from the post of Managing Director and Chief Executive in May, 2009 and became the Chairman of the ICICI bank. On 2nd May, 2011, K.V.Kamath was elected as the Chairman of Infosys. Apart from this, he is a member of the governing boards of many educational institutions which include the Indian institute of Management, Ahmedabad, National Institute of Bank Management, Pandit Deendayal Petroleum University, Indian School of Business and Gandhinagar Manipal Academy of Higher Education. He is also a part of the National Council of Confederation of the Indian Industry. He is the Independent Director of the Great Eastern Shipping Company Limited and Schlumberger Limited. K.V.Kamath has also been a Co-Chairman of the World Economic Forum's Annual Meeting in Davos and is a member of the Board of the Institute of International Finance. Awards and Accolades K.V.Kamath received many awards including the Businessman of the Year (2005) award from Business India, Outstanding Business Leader of the Year (2006) award from CNBC-TV18, Business Leader Award of the Year (2007) by The Economic Times and Businessman of the Year award by Forbes Asia. The Mumbai Management Association awarded him the Finance Man of the Year and World HRD Congress gave him an award for the Best CEO for Innovative HR practices. He has been entitled the most e-savvy CEO amongst Asian banks by the Asian Banker Journal of Singapore and Asian Business Leader Award of 2001 was given to K.V. Kamath by CNBC Asia. In 2008, he was honored with Padma Bhushan, India's highest civilian award. Contribution Mr. Kamath has contributed a lot for the progress of the ICICI Bank and after his leadership the balance sheet of this bank has maximized eight times over the last eight years. In present times, the bank has around millions of safety bond investors. Thus, he has played a very important role in the growth of ICICI, which is the second largest bank in India, providing a variety of banking and financial services. Apart from this, it was because of his input that this bank has become the first Indian and second Asian bank to be listed on the New York Stock Exchange. Timeline 1947: Born in Mangalore, Karnataka 1969: Pursued his MBA from IIM-Ahmedabad 2005: Businessman of the Year award by Business India 2006: Outstanding Business Leader of the Year award from CNBC-TV18 2007: Business Leader Award of the Year by the Economic Times 2008: Honored with Padma Bhushan 2011: Chairman of Infosys
Lalit Modi
Born In: New Delhi Born On: 29th November, 1963 Known As: Entrepreneur Lalit Modi, the President and Managing Director of Modi Enterprises is an innovative and self-motivated personality who has instrumented his success in the field of business. He has been the engineer behind the Indian Premium League (IPL) which has had four successful seasons. He has also held several high ranking positions in many cricket associations. In the past, Modi served as the Vice-President of BCCI, president of the Rajasthan Cricket Association and is presently the Vice-President of the Punjab Cricket Association. With his intellectual abilities and remarkable business acumen, Modi has managed to carve a unique identity for himself. Today Modi is regarded as one of the most powerful and influential figures in Indian cricket. He is a maverick opportunist who has managed to build an expanding business empire. Honored with the title of "Game Changers of the Decade" by Business Standard in 2009, Modi has won several presitgious laurels for his innovative and constructive ideas by many international business forums. Read on to know more about the life of Lalit Modi and his uphill ascent. Early Life Lalit Modi was born into an affluent business family and was one of the successors to his father's forty billion business industries. As a young child he was enrolled into the Bishop Cotton School in Shimla and completed his formal education in 1971. During his schooling he was known to have a keen interest in sports and personally played a number of games. Thereafter, he attended St Joseph's College in Nainital but he did not complete his education in India as he had plans to earn a foreign degree. Since he performed well in the entrance exams held for admission to American colleges, he chose to skip his exams in India and attended universities in America. He first completed his electrical engineering and then got a business administration degree at Pace University and Duke University during the years 1983 and 1986. Lalit has two siblings named Samir Modi and Charu Modi. Career Soon after his education, Modi played an active role in his family business that was set up by his grandfather Raj Bahadur Gujarmal Modi and was taken care of by his father Krishan Kumar Modi. He enjoyed a privileged position at the top management level when he was appointed the President and Managing Director of Modi Enterprises. In 1992 he was chosen as the Executive Director of Godfrey Phillips India and has managed to successfully take the company to new heights. Godfrey Phillips India is one of India's leading cigarette companies that is jointly endorsed by Modi Enterprises and Philip Morris International. Lalit's business interests soon diverged to the entertainment networking organization. In 1993 he made his presence felt in this field with a joint venture between Modi Entertainment Networks (MEN) and Walt Disney Pictures. According to the deal Disney gave some of its broadcasting content to MEN to televise it in India. In the same year he also attained the broadcasting rights of Fashion TV for ten years. In the next year he became the sole distributor for the whole of India for the ESPN by signing a ten year contract with the channel heads. The contract was valued at $975 million dollars. His role mainly included the task of collecting funds from local cable companies in return for televising ESPN. The business relationship between MEN and ESPN proved to be a profitable as ESPN bagged commercial rights for the T20 Champions League till 2017. This was done under the support and guidance of Lalit Modi. Being the business visionary that he was, Lalit understood the importance and popularity of cricket in the country. He became a member of the Himachal Pradesh Cricket Association in 1999, but failed to succeed in his ambition. In 2004, Lalit Modi joined the Rajasthan Cricket Association and thereafter became the President of the association. This in turn earned him a seat at the BCCI. The following year Modi was elected as the Vice-President of BCCI, during his tenure he was solely responsible for increasing the revenue seven times over in just three years. In the three years as Vice-President of BCCI he was actively involved with the commercial aspects of cricket and this helped the BCCI rake in an annual income of 1 billion USD. In 2008, Modi was the mastermind behind the Indian Premier League (IPL) and it proved to be one of his most profitable business ventures. Legacy In 2008, Lalit Modi was the brain behind the Indian Premium League (IPL), which is a cricket tournament modeled around the T20 form of cricket. The concept of T20 was first seen in England where inter- county tournaments played between England and Wales were held. Modi was the first person to introduce this concept to India and it has managed to be a big crowd puller, thanks to Modi's effective marketing skills. Personal Life Lalit is married to Minal who he met in the USA during his student days. He has three children Karima, Ruchir and Aliya. Karima is Minal's first child from her previous marriage. Currently she is resides in London. Ruchir also lives in London and is said to be close friends with business tycoon, Vijay Mallya's son Siddhartha Mallya. Aliya is pressently purusing her education in Switerzerland at Aiglon College.
Achievemnts and Awards Since 2006, Lalit has been an important face amongst professional cricket circuits in India and has been instantly recognized for his work. During his initial association as BCCI's Vice-President he has been solely responsible for converting it into a thriving and profitable organization. In 2008, when Modi transformed his ideas into a reality, his idea soon became a big success. Modi became an influential and powerful figure in the phase of Indian cricket. The year 2008 proved to be the best year for his business career as he was awarded and honored by a number of business organizations. 'Business Standard Award' for making BCCI the Most Innovative Company in India for 2008 Time Magazine ranked him 16th in a list of the world's best sports executives 'Brand Builder of the Year' by Asia Brand Conference 'Excellence in Innovation' - Frost & Sullivan Growth Excellence Awards 'The Most Innovative Business Leader in India' by NDTV Profit 'The Consumer Award for Transforming Cricket in India' by CNBC Awaaz 'Sport Business Leader' award by CBNC-TV18 Timeline 1963: He was born in New Delhi. 1992: He was appointed as the Executive Director of Godfrey Phillips India. 1993: Modi entered into the entertainment networking industry with a joint venture with Walt Disney. 1994: He signed another deal with ESPN to obtain the channel's broadcasting rights. 2005: He became the President of Rajasthan Cricket Assoication. 2005: In the same year he was appointed as BCCI's Vice President. 2008: He was the first to introduce IPL successfully to India. 2010: He was elected as the Vice-President of the Punjab Cricket Association
Ronnie Screwvala
Born On: 8th June, 1956 Born In: Bombay Ronnie Screwvala is a self made man and an iconic figure in the networking media industry. The CEO and founder of the UTV group he has been one among many others to first introduce cable television in Mumbai. From a cable operator to a media giant he has not only reached the pinnacle of success but also overcome many struggles to survive in the entertainment networking industry. He has been the pioneer in adopting a modern corporate studio approach to film production, which has helped him grow step by step, reaching for the stars all the way. With his decision to back films that are entraining and content heavy, his production house has carved a niche for itself in the Indian and global market. In the recent years, Ronnie has established a higher market value by partnering with international media giants such as Walt Disney, Fox Searchlight, Sony and Overbrook Entertainment with the view to explore and extend his international reach. Read on to know more about Ronnie Screwvala and his story of success. Career Like most business capitalists Ronnie also commenced his career by setting up a cable TV networking company in Mumbai, the firm was established in 1981. It started out as a cable network that provided only three hours of uninterrupted viewing of films by means of a cable service. The service was exclusively restricted to homes that were situated in an affluent locality known as Cuffe Parade, for a nominal monthly fee of Rs. 200. In a short span of time the business increased many folds and proved to be in constant demand among the residents in the area. The venture also provided Ronnie with the sufficient capital for his future endeavor. This in turn saw him making advertisements and producing films and selling airtime on India's only national network known as Doordarshan. Soon after he was seen producing TV serials, his television dramas 'Lifeline' and 'Shanti' were an instant success among many housewives in 1994. In 1990, Ronnie established UTV Software Communications. The entertainment house was actively involved in production, distribution of movies and television family programs and web content. It was only in the year 1996 when the production house actually shifted its focus on film distribution and a year later it produced its first motion film "Dil Ke Jharoke Main". Thereafter, Ronnie decided to enter into television broadcasting, he launched Hungama children television channel. The channel featured Japanese animated shows and other regional language shows. This move proved to be a well thought of one as it put UTV on the top of the pile, surpassing Disney and Time Warner in 2004. Since then, Ronnie has launched many other television channels such as UTV Bindass, UTV Action, UTV World Movies, UTV Movies, etc. In 2007, his company also undertook making of gaming software and content. In the recent years he has been responsible for the growing associations with Hollywood with the intention of going global. Ronnie has co-produced movies like 'I Think I Love My Wife', 'The Happening' and 'The Namesake'. These movies proved to be a success. In 2005 when the Ronnie's company's top management publicly traded it in the stock market, it witnessed extensive diversification in just three years. Ronnie, thus, has only set a benchmark for other upcoming entertainment companies. Achievements And Awards Ronnie's achievement since the beginning of his career is a list that continues defying all odds. From a small cable provider to a media giant, he has surely come a long way. He has been responsible for establishing his presence in television, film making and distribution, animation, broadcasting, gaming, partnerships, joint ventures and the building of subsidiaries. His media organization has won several awards for the movies that were produced under his banner. Some of the films are Rang De Basanti, Khosla Ka Ghosla, Life In A Metro, A Wednesday, Fashion, Dev D, Kaminey, Rajneeti, and the very recent Delhi Belly. Most of these films were not just commercial successes at the box office, but also content heavy. This set them apart from the rest. Movies like Rang De Basanti and Jodhaa-Akbar proved to be commercial blockbusters in the Indian market which took UTV Motion Pictures Ltd. to new heights. Personal Life Ronnie is married to Zarina who is also the co-founder and one of the business exceutives of UTV. The couple live in the posh Breach Candy locality in Mumbai. Time Line 1956: Was born in Bombay. 1981: He began his career as a local cable operator. 1990: UTV Software Communications was established by him. 1994: By this year, had already ventured into television serials. 1996: He ventured into film production. 2005: His company went public by trading in the stock market. 2004: He had earned the number one spot among other children's channels such as Disney and Time Warner. 2007: His company also ventured into the video gaming sector.
Shikha Sharma
Career: Managing Director, CEO, Axis Bank Starting her career with the Industrial Credit and Investment Corporation of India (ICICI) in 1980, Shikha Sharma was picked to head the life insurance division of ICICI when it became the first bank in the private sector to get a license to carry out the business of insurance. She was able to maintain a lead from the first day which helped the organisation to remain the largest private sector life insurance company in India. Considering ICICI as her second home, she worked towards the development of the organisation, the growth of which can be considered parallel to hers. Born to an Army officer, Shikha Sharma maintained discipline in her life and this disciplined showed right through her career too. In a male dominated financial world, she carved a niche for herself. She is the kind of person who considers every job that comes towards her as a challenge. It's no wonder then that she was chosen as the CEO of Axis bank, almost unanimously. Early Life Shikha Sharma was born to a soldier who travelled all over India, before settling down in Delhi. She completed her school education at the Loreto Convent in Delhi and graduated in economics from the Lady Sreeram College, Delhi. She finished her post graduate diploma in software technology from the National Institute of Software Technology, Mumbai. She also completed her Masters in Business Administration from the Indian Institute of Management in Ahmadabad. Career Shikha Sharma started her career with ICICI, India's largest financial service provider in 1980. She joined ICICI right after graduating from IIM, Ahmadabad. In her 28 year association with ICICI Group, she set up various businesses. In 1992, she set up ICICI Securities which is a joint venture of ICICI and J.P. Morgan. She started setting up various group businesses for ICICI which included investment banking and retail finance. In 1995, she moved to ICICI Securities and was deputed to J.P Morgan. In 1997, she rejoined ICICI as the General Manager in charge of Strategic Planning and Development. In 1998, she became the Managing Director of ICICI Personal Financial services. Shikha Sharma also served as the Director of ICICI Prudential Life Insurance Company till April 2009 and was the Independent Director of ACC limited December 2006 to May 2009. She is the Chief Executive Officer, Managing Director of Axis Bank Limited and Chairperson and associate Director of Axis Asset Management company Limited since June 1, 2009. Contributions Shikha Sharma made ICICI Prudential what it is today. It is the organization she built from scratch; the leading player in the life insurance business .In her 28 year old association with the ICICI Group, she was instrumental in setting the foundation for the bank's personal financial services business. Here, she also launched an innovative micro insurance cover of 1 dollar a month for poor people in India. In December 2008, under her leadership, ICICI Prudential commanded a market share of 13 %. Legacy Shikha Sharma is one of the two women entrepreneurs who are at the helm of a private bank in India. In a male dominated banking and insurance sector, she, with her exceptional leadership qualities, made ICICI Prudential, the largest private insurance company in the country. She has left behind a legacy which is followed by millions of women aspirants. Awards and Accolades 'Woman Business Leader' by CNBC TV18, 2007 'Business Woman of the Year' by Economic Times, 2009 Ranked 89th in the list of 'World's 100 Most Powerful Women' by Forbes magazine, 2010 Timeline 1980: Shikha Sharma started her career with ICICI as a project officer. 1992: Set up ICICI Securities which was a joint venture of ICICI and J. P Morgan. 1995: Moved to ICICI Securities and was deputed to J.P. Morgan. 1997: Rejoined ICICI as the General Manager in charge of Strategic Planning and Development. 1998: Became the Managing Director of ICICI Personal Financial Services. 2009: Became the Chief Executive Officer, Managing Director of Axis Bank Limited and Chairperson and Associate Director of Axis Asset Management Company Limited.
Some of the companies that come under TVS group are: Wheels India Brakes India Sundaram Fasteners TVS InfoTech TVS Motor Company ZF Electronics TVS (India) Private Limited Sundaram Finance Turbo Energy Limited Axles India Sundaram Clayton Lucas TVS Sundaram Motors Sundaram Brake Linings TVS Logistics TVS Southern Roadways LTD Sundaram Hydraulics Limited Legacy The history of TV Sundaram Iyengar and Sons group of companies can be traced back to Thirukurungudi Venkagaruswamy Sundaram Iyengar who quit his lucrative careers in railways and started his own business. He initiated the first bus service in Madurai and consolidated their presence in the transportation business in a period when such a kind of business was nowhere heard of, especially in Southern India. Death Sundaram Iyengar passed away on April 28, 1955 at his residence in Kodaikkanal at the age of 78. Timeline 1877: T.V. Sundaram Iyengar was born in Thirunelveli in Madras Presidency. 1911: He founded T.V. Sundaram Iyengar and Sons Group of Companies founded by T.V Sundaram. 1923: T.V Sundaram established the T.V. Sundaram Iyengar and Sons Group of Companies which paved the way for the TVS Group. 1955: T.V. Sundaram Iyengar passed away at his residence in Kodaikkanal at the age of 78.
Y.C Deveshwar
Born On: 4th February, 1947 Career: Entrepreneur Yogesh Chandar Deveshwar will always be remembered for the deep insight with which he led a multi-business corporation like ITC. Taking the reins at a time when the company was facing a hard time, with its senior officials under the scrutiny of investigating agencies, he helped ITC expand its business and make its presence felt in the hospitality sector. The company which was only into cigarette making was converted into a multi-diversified organization. He led the company into new forays of growth areas which included agricultural businesses, retail and distribution of branded FMCG (Fast Moving Consumer Goods). He was also instrumental in coming up with strategic ideas which placed ITC among the value creating organizations of India. In a long career extending for over thirty-six years, Y.C. Deveshwar handled general management, strategic management and business leadership. Indian government conferred the Padma Bhushan on Y.C Deveshwar for his outstanding service to the country. Early Life Y.C Deveshwar was born on 4th February, 1947. In 1968, he finished his Bachelor of Technology degree in Mechanical Engineering at the Indian Institute of Technology, Delhi. He also received an AMP Diploma from the Harvard Business School, Massachusetts and did a course on advanced training in Hoteliering and Services from Cornell University in United States. Career In 1968, Y. C. Deveshwar joined the Indian Tobacco Company (ITC) as a management pupil. In 1972, he was made the MBO advisor to the Corporate Headquarters in Kolkata. In 1974, he took over as the factory manager in ITC's Packaging and Printing Plant in Chennai. In 1984, he was made a Director and since 1996 is serving as the Chief Executive and the Chairman of ITC Foods Limited. Under Y. C. Deveshwar's leadership, the sustainability efforts of ITC took new shape, courtesy innovative business models. In 2004, ITC became the first Indian organisation to submit its sustainability report as per the guidelines of the Global Reporting initiative. Under Deveshwar, ITC won the 'World Business Award' given jointly by the United Nations Development Program (UNDP), International Chamber of Commerce (ICC) and International Business Leader's Forum (IBLF). ITC's 'e-Choupaw' which is a digital infrastructure plan to empower the farmers in India is being taught in the Harvard Business School. It won the organisation, the 'Development Gateway Award 'in Beijing in 2005. Y. C. Deveshwar has been at the helm of ITC's affairs for about fifteen years and is the longest serving Chairman in the history of the organization. In 1991, he was chosen to head Air India as Chairman and Managing Director. He was successful in this assignment and was also a Member of the Board of Indian Airlines, International Airports Authority of India, Airports Authority of India and Air Mauritius Limited. Y.C Deveshwar has also worked at the helm of affairs of the Confederation of Indian Industry, as its President. He is a member of the Board of Governors in the Indian School of Business and the Board of Governors of the Indian Institute of Management too. Contributions To Business During Y.C Deveshwar's term at ITC, the business world witnessed the transformation of ITC from a 5,000 crore company to a 27,000 crore company. The company's profits grew from 260 crores to 4000 crores. The value of ITC grew from 5, 500 crores in 1996 to 1, 14, 000 crores in 2010. The market capitalization of the organization was around 147210 crores on April 2011. Apart from guiding ITC from a crisis period which hit the company during the nineties, Deveshwar came forward with plans to decrease the company's dependence on tobacco sales. The business was becoming tougher in the wake of restrictive guidelines and antismoking campaigns. He continued with the hotel and paper back business, expanded the FMCG business to non-cigarette areas and extended the Wills brand to other products. Deveshwar took the initiative to set up 'The Welcome Group of Hotel Administration' in Manipal. In 1986, he was conferred with the 'Best Hotelier of the Year' award for his outstanding contribution to the industry.
Awards and Accolades Honorary Fellowship of the All India Management Association Alumni Award of the Indian Institute of Technology, Delhi 'Marketing Man of the Year' Award, 1994 'Manager Entrepreneur of the Year' by Ernst and Young, 2001 'Business Person of the Year' Award, 2006 Inducted to the 'Hall of Pride' at the Indian Science Congress, 2006 Lakshya Business Visionary Award, 2006 Global Leadership Award by U.S - India Business School of the U.S Chamber of Commerce, 2010 SAM/SPG Sustainability Leadership Award, 2007 Padma Bhushan by the Government of India, 2011 Timeline 1947: Born in the month of February. 1968: Finished his Bachelor of Technology degree in Mechanical Engineering from the Indian Institute of Technology. 1972: Made the MBO advisor to the Corporate Headquarters in Kolkata. 1974: Took over as factory manager in ITC's Packaging and Printing Plant in Chennai. 1984: Appointed as the Director on the Board of ITC Limited. 1986: Conferred with 'The Best Hotelier of the Year' Award 1991: Chosen to head Air India as Chairman and Managing Director. 1996: Became Chairman of ITC Foods Limited.