Showing posts with label Entrepreneurs. Show all posts
Showing posts with label Entrepreneurs. Show all posts

Chief Executive Officer of Hindustan Computers Limited (HCL), India's largest infotech conglomerate

Shiv Nadar is the Chief Executive Officer of Hindustan Computers Limited (HCL), India's largest infotech conglomerate. He figures in the Forbes list of Indian billionaires.

Originally hailing from Moolaipozhi Village,Trichendur,Tutocorin District, Tamil Nadu, Shiv Nadar moved to Delhi in 1968. He worked as an engineer with DCM Ltd. But the entrepreneur in Shiv Nadar wanted to set up his own business. Therefore, he along with six of his colleagues launched a firm making office products like copiers.

In late 1970s, when IBM quit India, Shiv Nadar's HCL stepped in to fill the vacuum. In 1982, HCL came out with its first computer. Today, HCL derives 80% of its revenue from computers and office equipment. HCL has also been spreading its global reach. Its Singapore subsidiary, Far East Computers, achieved a breakthrough in imaging technology, which, among other applications, enables computers to read handwritten tax returns.

HCL has adopted innovative practices to achieve growth. In the U.S, a software subsidiary, HCL America, has reaped huge dividends by taking advantage of global time zones. Every morning, the company's Chennai office receives software assignments from the U.S, just after work stops there for the night. A team of Indian engineers, with salaries much lower than those of their American counterparts, complete the jobs and send them back in the evening.

In a short span of time, Shiv Nadar has reached pinnacle of success by his hardwork, vision, and entrepreneurial spirit.

Born: 1922
Achievement: Founder of Raunaq Group; Elected as a member of the Executive Board of the International Chamber of Commerce, Paris

Raunaq Singh was one of the earliest entrepreneurs of independent India who made it big. He was the founder of Raunaq group. The Raunaq Group's major companies include Apollo Tyres Ltd, Bharat Gears Ltd, Bharat Steel Tubes Ltd, Raunaq International Ltd, Menarini Raunaq Pharma Ltd, and Raunaq Automotive Components Ltd.

Raunaq Singh was born in 1922. After initial struggle he went on to become a powerful figure in corporate India. At one point of time in his life he could afford only one paisa a day for meals and when he retired his group was employing 9000 people on his payroll.

Raunaq Singh was a great advocate of economic liberalization and globalization of the Indian business. He worked tirelessly to put the Indian industry on the global map. He held several key leadership positions in Industry & Trade Associations. These included President Federation of Indian Chambers of Commerce & Industry (FICCI), President The Associated Chambers of Commerce and Industry of India (ASSOCHAM), Chairman Engineering Export Promotion Council (EEPC), Chairman Automotive Tyre Manufacturers Association, and President Federation of Indian Export Organization.

Raunaq Singh won several awards for his entrepreneurship. He was often referred as "Mr. Exporter", because of his inclination for exports and export promotion for Indian Industry. Raunaq Singh also won international recognition for his entrepreneurial skills. was elected as a member of the Executive Board of the International Chamber of Commerce, Paris for a three-year term.

Raunaq Singh died on September 30, 2002.



Ramalinga Raju
Born: September 16, 1954
Achievement: Founder and Chairman of Satyam Computer Services Ltd; Chosen as Ernst & Young Entrepreneur of the Year for Services in 1999

Ramalinga Raju is one of the pioneers of the Information Technology industry in India. He is the founder and Chairman of Satyam Computer Services Ltd.

Ramalinga Raju was born on September 16, 1954 in a family of farmers. He did his B. Com from Andhra Loyola College at Vijayawada and subsequently did his MBA from Ohio University, USA. Ramalinga Raju had a stint at Harvard too. He attended the Owner / President course at Harvard.

After returning to India in 1977, Ramalinga Raju moved away from the traditional agriculture business and set up a spinning and weaving mill named Sri Satyam. . Thereafter he shifted to the real estate business and started a construction company called Satyam Constructions. In 1987, Ramalinga Raju founded Satyam Computer Services along with one of his brothers-in-law, DVS Raju. The company went public in 1992. With the launch of Satyam Infoway (Sify) Satyam became one of the first to enter Indian internet service market. Today, Satyam has a global presence and serves 44 Fortune 500 and over 390 multinational corporations.

Ramalinga Raju has won several awards and honors. These include Ernst & Young Entrepreneur of the Year for Services in 1999, Dataquest IT Man of the Year in 2000, CNBC's Asian Business Leader - Corporate Citizen of the Year award in 2002 and E&Y Entrepreneur of the Year Award in 2007.

The ever-soaring share prices of Satyam witnessed a sharp decline in December 2008, following a failed acquisition attempt involving Maytas, a company owned by Raju's family. In January 2009, Raju resigned as the Chairman of Satyam after he admitted to major financial wrong-doings. In Januray 2009, Raju confessed of his involvement in inflating the profits of the company for the past couple of years. The 7,800-crore fraud started with an initial cover-up for a poor quarterly performance and assumed massive proportion, with time.

Founder of the Apollo Hospital Group

Dr. Pratap Reddy is the founder of the Apollo Hospital Group, India's first corporate hospddyital group. He revolutionized the whole health care scenario of India and inspired others to follow the suit. Today, India has over 750 corporate hospitals all over the country.

Dr. Pratap Reddy came to India after serving as the Chief Resident of the Worcenter City Hospital in the US to start his practice in Madras with a modest earning of Rs 100/- per day. The idea to establish Apollo Group of Hospitals came when Dr. Reddy lost a patient who couldn't make it to Texas for an open heart surgery. This inspired Dr. Pratap Reddy to create world-class medical infrastructure in India and make it more accessible and affordable to common people. Dr. Reddy's efforts bore fruit when he succeeded in setting up the first center of the Apollo Hospitals Group in Chennai in 1983.

Dr, Pratap Reddy soon followed this with India 's first hospital consultancy body - the Indian Hospitals Corporation - and commissioned two more Tertiary Care Centers in India. Since its inception, Apollo has demonstrated that Indian skills are equivalent to the best centers in the world and has produced world-class results in the most complicated Cadaver Transplant. Today, the Apollo Hospitals Group has over 22 centers in major cities in India and a combined turnover of over US $ 100 million.

Dr Reddy is now spreading Apollo Hospitals Group to other parts of Asia. The group opened its first clinic in Dubai in March 1999 and is coming up with projects in Sri Lanka, Africa, Bangladesh, and Oman. Dr. Reddy is currently looking at secondary health centers in semi urban and smaller cities and has already identified 23 sites for the purpose.

Dr. Pratap Reddy's latest initiatives are "Med Varsity"-a virtual medical university providing total access to experts in the field of medicine anywhere in the world- and "MEDNET" - Hospital Systems Management package. Both the initiatives are expected to transform health care sector in India.

Founder Chairman of Jet Airways; Recipient of the first BM Munjal Award for Excellence in Learning & Development in the Private Sector category in 2006.

Naresh Goyal is the founder Chairman of Jet Airways, India's largest domestic airline. Jet Airways presently operates over 320 flights daily to 48 destinations, of which five are international. Naresh Goel also figures in Forbes list of Indian billionaires.

Naresh Goyal completed his graduation in Commerce in 1967 and joined the travel business with the GSA for Lebanese International Airlines. From 1967 to 1974 he learnt the intricacies of the travel business through his association with several foreign airlines.

In May 1974, Naresh Goyal founded Jetair (Private) Limited to look after Sales and Marketing operations of foreign airlines in India. Naresh Goyal was involved in developing studies of traffic patterns, route structures, and operational economics and flight scheduling. His rich and varied experience made him an authority in the world of aviation and travel.

In 1991, when the Indian economy was being opened up, Naresh Goyal took advantage of Open Skies Policy of the Government of India and set up Jet Airways for the operation of scheduled air services on domestic sectors in India. Jet Airways started commercial operations on May 05, 1993.

Today, Jet Airways has evolved into India's largest private domestic airline. Jet Airways has been voted India's "Best Domestic Airline" by several organisations of world-class repute. In 2005, Jet Airways came up with an IPO and it was a huge success. Jet Airways was recently in controversy over its merger deal with Air Sahara. The merger was called off and the too airlines are currently considering arbitration.

Along with Jet's meteoric rise, Naresh Goyal too rose in the entrepreneurial arena. He has won several honors and accolades. These include Entrepreneur of the Year Award for Services' from Ernst & Young in 2000, 'Distinguished Alumni Award-2000 for meritorious and distinguished performance as an Entrepreneur', Outstanding Asian-Indian' award for leadership and contribution to the global community given by the Indian American Centre for Political Awareness, 'Aerospace Laurels' for outstanding contribution in the field of Commercial Air Transport twice, in April 2000 and February 2004. Naresh Goyal also received the first BM Munjal Award for Excellence in Learning & Development in the Private Sector category in 2006.


MS Oberoi
Born: August 15, 1898
Achievement: Founder of the Oberoi Group of Hotels; Honored with Padma Bhushan in 2001.

M.S. Oberoi can be aptly termed as the father of the Indian hotel industry. Rai Bahadur Mohan Singh Oberoi was among the first to recognize the potential of the tourism industry, its ability to contribute to India's economic growth and generate direct and indirect employment. He worked tirelessly to put Indian hotel industry on global tourism map.

M.S. Oberoi was born on August 15, 1898, in the erstwhile undivided Punjab, now in Pakistan. He did his early schooling in Rawalpindi and completed his graduation from Lahore. In 1922, to escape the epidemic of Plague, he came to Shimla, and got a job of front desk clerk, at The Cecil Hotel at a salary of Rs 50 per month.

M.S. Oberoi was a quick learner and shouldered many additional responsibilities along with the job of desk clerk. M. S. Oberoi's diligence prompted Mr. Clarke to request Mohan Singh Oberoi to assist him when he acquired Clarkes Hotel. At the Clarkes Hotel, M.S. Oberoi gained first hand experience in all aspects of hotel operations.

In 1934, M.S. Oberoi acquired The Clarkes Hotel from his mentor, by mortgaging his wife's jewelry and all his assets. In 1938, he signed a lease to takeover operations of the five hundred room Grand Hotel in Calcutta, which was up for sale following a cholera epidemic.

In 1943, Rai Bahadur Mohan Singh Oberoi, acquired the controlling interest in the Associated Hotels of India (AHI) which owned the Cecil, and Corstophans in Shimla, the Maidens and the Imperial in Delhi, and a hotel each in Lahore, Murree, Rawalpindi and Peshawar. He thus became the first Indian to run the largest and finest hotel chain.

In 1959, The Oberoi Group became the first group to start flight catering operations in India. In 1965, M.S. Oberoi opened the first modern, five star international hotel in the country, The Oberoi Intercontinental, in Delhi. In 1966 he established the prestigious Oberoi School of Hotel Management, recognized by the International Hotel Association in Paris. In 1973, The Oberoi Group opened the 35 storey Oberoi Sheraton in Mumbai. Rai Bahadur M.S. Oberoi was the first to employ women in the hospitality sector.

Today, The Oberoi Group owns or manages 37 luxury and first class international hotels in seven countries.

M.S. Oberoi was elected to the Rajya Sabha in 1962 and in 1972. He was also elected to the Lok Sabha in 1968.

M.S. Oberoi was recipient of many awards and honours. In 1943, he was conferred the title of Rai Bahadur by the British Government. Other honors include admission to the Hall of Fame by the American Society of Travel Agents (ASTA); Man of The World by the International Hotel Association (IHA) New York; named by Newsweek as one of the "Elite Winners of 1978" and the PHDCCI Millennium award in 2000. M.S. Oberoi was honored with Padma Bhushan in 2001.

M.S. Oberoi passed away on May 3, 2002 at the age of 103.

Chairman of the Bharat Hotels chain and the single largest hotel owner.

Lalit Suri can be called as the uncrowned hotel king of India. He is the Chairman of the Bharat Hotels chain and is the single-largest hotel owner with over 1600 rooms. Bharat Hotels chain comprises seven hotels which include the flagship InterContinental The Grand in Delhi, and six Grand hotels in Mumbai, Goa, Bangalore, Srinagar, Udaipur and Khajuraho.

Lalit Suri is an alumnus of St Columbus and Sri Ram College of Commerce, New Delhi. He represented both his school and college in swimming and athletics at the state level. Lalit Suri was trained as an automobile engineer and started his career manufacturing vehicle bodies. He commissioned his first hotel in Delhi in 1988. Since then there has been no looking back.

In the last few years Bharat Hotels has invested Rs 500 crore on its properties in Mumbai and Goa. In addition, the group has spent Rs 42 crore on a 30-year lease on the former Bangalore Ashok, and a further Rs 40 crore on renovations. Lalit Suri is currently on an expansion mode. Sites for hotels have been identified and negotiated in Amritsar, Ahmedabad and Jaipur, while search is on for the right locations in Chennai and Hyderabad. In the first phase hotels will be constructed in Amritsar, Ahmedabad, and Jaipur adding 400-600 rooms to the Grand chain, while the next phase in Chennai, and Hyderabad) will take the tally up by another 500 five-star deluxe rooms.

Apart from a successful businessman, Lalit Suri is also an avid traveler and an art lover. Presently, he is also a Rajya Sabha MP.



Born: April 10, 1894
Achievement: Laid the foundations of the Birla Empire; founder of the Federation of Indian Chambers of Commerce and Industry (FICCI).

Ghanshyam Das Birla is considered as a doyen of Indian Industry. He was the man who laid the foundations of the Birla Empire. G.D. Birla was a multi-faceted personality. He was a close associate of Mahatma Gandhi and advised Gandhiji on economic policies. He was the most important pre-Independence contributor to the Indian National Congress. Ghanshyam Das Birla was the founder of the Federation of Indian Chambers of Commerce and Industry (FICCI). He is also popularly known as the builder of Birla Mandirs.

Born on April 10, 1894, G.D. Birla, was a native of Pilani. His grandfather Shiv Narayan Birla was a traditional marwari moneylender. Ghanshyam Das Birla entered the business arena during the time of First World War. He established a cotton mill in Sabzi Mandi, and later on established Keshoram Cotton Mills. Along with cotton mills he diversified to jute business and shifted his base to Calcutta city in Bengal, the world's largest jute producing region. He established Birla Jute Mills in Bengal, much to the consternation of established European merchants.

In 1919, with an investment of Rs. 50 lakhs, the Birla Brothers Limited was formed and a mill was set up in Gwalior. In 1930s, G.D. Birla set up Sugar and Paper mills. In 1940s, he ventured into the territory of cars and established Hindustan Motors. After independence, Ghanshyam Das Birla invested in tea and textiles through a series of acquisitions of erstwhile European companies. He also expanded and diversified into cement, chemicals, rayon and steel tubes.

Ghanshyam Das Birla also founded several educational institutions. Birla Institute of Technology and Sciences (BITS) Pilani has today evolved into one of India's best engineering schools. He also established many temples, planetariums, and hospitals. Ghanshyam Das Birla died in 1983 at the age of 90. In his honour, G.D. Birla award for scientific Research has been established to encourage scientists for their contribution in the various fields of scientific Research.


Born: June 7, 1975
Achievement: Creative Director of Balaji Telefilms; Awarded with Ernst & Young (E&Y) Startup Entrepreneur Of The Year award in 2001.

Ekta Kapoor can be aptly called as the reigning queen of Indian television industry. The serials produced by her company Balaji Telefilms are a great hit with the masses and are dominating all the major T.V. channels in India.

Born on June 7, 1975, Ekta Kapoor is daughter of former Bollywood superstar Jeetendra and sister of current Bollywood hero Tusshar Kapoor. Ekta Kapoor did her schooling from Bombay Scottish School and later on joined Mithibai College. She was not interested in academics and on the advice of her father ventured into TV-serial production at the age of 19. And soon she changed the face of Indian television industry and completely dominated it.

Today, Ekta Kapoor is the creative director of Balaji Telefilms. Her company has produced more than 25 serials and each one is being shown, on an average, four times a week on different television channels. Ekta Kapoor's serials have captured the imagination of masses. She broken all previous records of TV serial production and popularity in India. Her most famous television venture has been "Kyunki Saas Bhi Kabhi Bahu Thi" which began in 2000 and is still leading the TRP ratings in India. Her other famous serials include "Kahaani Ghar Ghar Ki", "Kahiin To Hoga", "Kavyanjali", "Kyaa Hoga Nimmo Kaa", "Kasamh Se", "Kahin Kisii Roz", "Kasautii Zindagi Kay", "Kkusum", "Kutumb", "Kalash", and "Kundali".

For her entrepreneurial skills and achievements Ekta Kapoor was awarded with Ernst & Young (E&Y) Startup Entrepreneur Of The Year award in 2001.

Chairman of the Hero Group; Honored with Ernst & Young's Entrepreneur of the Year award in 2001

B.M. Munjal (Brij Mohan Lall Munjal) is the Chairman of the Hero Group. He is a first generation entrepreneur who started very small and through sheer hard work and perseverance made it to the top. Today, Hero Group is the largest manufacturer of two-wheelers in the world and Brij Mohan Lal Munjal is the man widely credited with its success.

B.M. Munjal's journey began in 1944 at the age of 20. Brij Mohanlall along with his three brothers, Dayanand (32), Satyanand (27) and Om Prakash (16) moved from his birthplace Kamalia in Pakistan to Amritsar. The brothers started supplying components to the local bicycle business. After partition in 1947, the family was forced to move to Ludhiana. The town of Ludhiana was already a major hub of the Indian bicycle business and an important textile center. The Munjals slowly spread their bicycle component distribution network in other parts of the country and became one of India's largest bicycle parts suppliers. In 1952 Munjals made a shift from supplying to manufacturing. They started manufacturing handlebars, front forks and chains.

In 1956, the Punjab state government announced the issue of twelve new industrial licenses to make bicycles in Ludhiana. The Munjal brothers cashed on this opportunity. Helped by the Punjab government financing of Rs 600,000 to supplement their own limited capital resources, the Munjals set up Hero Cycles. Hero Cycles was registered as a 'large-scale industrial unit' and it initially produced 7,500 units per year.

Soon Hero Cycles started giving well-established players such as Raleigh, Hind Cycles, and Atlas Cycles a run for their money. The hero cycle was comparatively cheaper and was sturdy and reliable. It gave the customers value for their money.

In January 1984, Japan's Honda, the world's largest manufacturer of motorcycles, elicited interest in collaborating with the Hero Group to manufacture motor cycles in India. An agreement was signed and on 13 April 1985, the first Hero Honda motorbike was rolled out. Today, the company is the largest manufacturer of motorcycles in the world.

For his outstanding contribution to the success of Hero Group, B.M. Munjal was honored with Ernst & Young's Entrepreneur of the Year award in 2001.


Born: December 30, 1917
Achievement: Founder of pharmaceutical giant Ranbaxy Laboratories Ltd; Awarded with Padma Shri

Bhai Mohan Singh can be called as the doyen of pharmaceutical industry in India. He is the founder of pharmaceutical giant Ranbaxy Laboratories Ltd.

Bhai Mohan Singh was born on December 30, 1917 in Rawalpindi district. His father Bhai Gyan Chand was a Hindu and his mother Sunder Dai was a Sikh. Bhai Mohan Singh began his business career in the construction business during the Second World War. His firm bagged a contract to build roads in the North East. After Partition, he left Rawalpindi and settled down in New Delhi.

Bhai Mohan Singh started business as a moneylender. Ranbaxy was started by his cousins Ranjit Singh and Gurbax Singh. Ranbaxy's name was a fusion of Ranjit and Gurbax's names. They were distributors for A. Shionogi, a Japanese pharmaceutical company manufacturing vitamins and anti-TB drugs. When Ranbaxy defaulted on a loan, Bhai Mohan Singh bought the company on August 1, 1952, for Rs 2.5 lakh.

Bhai Mohan Singh collaborated with Italian pharma company Lapetit Spa and later on bought it. Bhai Mohan Singh made his mark in the pharmaceuticals industry in the late 1960s when he launched his first superbrand, Calmpose.

Calmpose was an imitation of Roche's valium. But Roche had not patented it in India. In early 1970s when Indian adopted a regime of process patents in the Bhai Mohan Singh quickly realised that one could make any product in the world through reverse engineering. He established an R&D facility at Mohali and launched one blockbuster pill after the other, such as Roscillin, Cifran etc.

Ranbaxy Laboratories Ltd went public in 1973. At this time Bhai Mohan Singh introduced his eldest son Parvinder Singh in the company, who later on became the company's Managing Director in 1982. Bhai Mohan Singh also co-founded Max India with his youngest son, Analjit Singh.

With liberalisation differences arose between Bhai Mohan Singh and Parvinder Singh over the expansion and professionalisation strategy of Ranbaxy. Subsequently, in 1999 in a boardroom coup of sorts Bhai Mohan Singh was forced to bow down and Parvider took over the company. This broke Bhai Mohan Singh's spirit and he retired from active company affairs. He died on March 27, 2006.

Bhai Mohan Singh was a former vice president of the New Delhi Municipal Corporation (NDMC) and was awarded the Padma Shri for his contribution in civic matters. For his contribution to the industrial development of Punjab, the Punjab Goverment had named an Industrial Township near Ropar after Bhai Mohan Singh.

Founder-chairman of Dr Reddy's Group of Companies; Awarded with Padma Shri in 2001.

Dr. K. Anji Reddy is a pioneer in the pharmaceutical research in India and is founder-chairman of Dr Reddy's Group of Companies.

Dr Kallam Anji Reddy did his B.Sc in Pharmaceuticals and Fine chemicals from Bombay University and subsequently completed his PhD in Chemical Engineering from National Chemical Laboratory, Pune, in 1969. Dr. K. Anji Reddy served in PSU Indian Drugs and Pharmaceuticals Limited from 1969 to 1975. Dr. Reddy was the founder-Managing Director of Uniloids Ltd from 1976 to 1980 and Standard Organics Limited from 1980 to 1984.

In 1984, Dr. K. Anji Reddy founded Dr. Reddy's Laboratories and soon the company established new benchmarks in the Indian Pharmaceutical industry. Dr. Reddy's Laboratories transformed Indian bulk drug industry from import-dependent in mid-80s to self-reliant in mid-90s and finally into the export-oriented industry that it is presently. In 1993, Dr. Reddy's became the first company to take up drug discovery research in India and in April 2001 it became the first non-Japanese Asian pharmaceutical company to list on NYSE. By the end of fiscal year 2005, Dr. Reddy's Laboratories was India's second largest pharmaceutical company and the youngest among its peer group.

Presently, Dr. Reddy is a serving member of the Prime Minister's Council on Trade & Industry, Government of India, and has been nominated to the Board of National Institute of Pharmaceutical Education and Research (NIPER).

Dr. K. Anji Reddy is also a philanthropist. He is the founder-Chairman of Dr. Reddy's Foundation for Human & Social Development, a social arm of Dr. Reddy's, which acts as a catalyst of change to achieve sustainable development.

Dr. K. Anji Reddy has received many awards and honors. These include Sir PC Ray award (conferred twice, in 1984 and 1992); Federation of Asian Pharmaceutical Associations (FAPA)'s FAPA-Ishidate Award for Pharmaceutical Research in 1998; leading business magazine Business India voted him Businessman of the Year in 2001; CHEMTECH Foundation bestowed on him the Achiever of the Year award in the year 2000 and the 'Hall of Fame' award in 2005, for his Entrepreneurship, Leadership and thrust on Innovation; and in 2001, he was awarded the Padma Shri by the Government of India.



Adi Godrej
Achievements: Chairman of Godrej Group

Adi Godrej is one of the icons of Indian Industry. He is the chairman of Godrej Group. .Adi Godrej was born in a business family. His father's name was Burjorji Godrej and his mother's name was Jai Godrej. More than a century age, the Godrej's were into manufacturing locks and vegetable-based soaps. The Godrej products were among the first indigenously manufactured products to displace entrenched foreign brands.

Adi Godrej left India at the age of 17 to enroll at the Massachusetts Institute of Technology. Though he planned to study mechanical engineering but he later on switched to management. After his return to India, Adi Godrej joined the family business. He modernized and systematized management structures and implemented process improvements. Adi Godrej took the Godrej Group to great height during controlled economy era.

After the liberalization process, Adi Godrej restructured company's policies to meet the challenges of globalisation. In the early 2000s, the Group completed a 10-year restructuring process through which each business became a stand-alone company with a CEO/COO from outside the Godrej family.

Under Adi Godrej's leadership, the group is also involved in philanthropic activities. Godrej is major supporter of the World Wildlife Fund in India, it has developed a green business campus in the Vikhroli township of Mumbai, which includes a 150-acre mangrove forest and a school for the children of company employees.

Pallonji Shapoorji Mistry, often described as being media shy, is a construction tycoon from India. He also benefits from his 18.5 % stake (as last published) in Tata Sons which is the holding company of the Tata conglomerate.

Noel Tata the CEO of Retail arm of Tata’s is his son-in-law. Noel Tata is also the half-brother of Ratan Tata. The fifth richest Indian and Chairman of the Shapoorji Pallonji Group, Pallonji Mistry is a man who rarely appears in public. His employees call him the man with no faults, his friends describe him as humble and within the Tata Group he’s known as the Phantom of Bombay House.

An association that’s half a century old and yet nowhere in the history of the Tata Group is the Mistry family mentioned by name. The Group’s largest stakeholder Pallonji Mistry’s father Shapoorji, muscled his way into Tata Sons by buying out solicitor FE Dinshaw’s estate which was equal to 12.5% of Tata Sons. When JRD Tata took over, Shapoorji took advantage of the Group’s uncertainty and bought out other Tata family members – increasing his stake to 16.5%. Yet the construction contractor was always considered an outsider and his family’s relations with the Tatas eased only when Noel Tata, Ratan Tata’s stepbrother, married Pallonji’s daughter, Aloo.

Today, Pallonji owns 18.35% of Tata Sons, while Ratan Tata himself owns less than a per cent. When TCS went public, Pallonji was the biggest beneficiary, netting more than even the Tata companies. His networth, estimated by Forbes in 2003 was Rs 9,200 crore. He’s always been a silent stakeholder, choosing instead to focus on the international expansion of his own construction group, The Shapoorji Pallonji Group. The Group’s now diversified into textile and IT parks.

Carlos Slim Helu Aglamaz (born January 28, 1940 in Mexico City) is a Mexican businessman. Carlos Slim Helu is a Mexican entrepreneur and businessman involved in a varied group of companies that include telecommunications, retail, banking and insurance, technology, and auto parts manufacturing businesses. He is the wealthiest Mexican man, the richest Latin American, and one of the top ten richest men in the world. His father Yusef Salim Haddad and mother Linda Helu were of Lebanese decent. Carlos was the 5th of 6 children. He studied engineering at the Universidad Nacional Autonoma de Mexico.

The financial success that Slim Helu has achieved has been from finding undervalued companies and making them profitable. Telefonos de Mexico (Telmex) was acquired during a privatization period in 1990 of the Mexican government. Carlos was criticized for raising phone call costs soon after purchasing the business, but he went on to improve phone services in Mexico with the company offering local and long distance calls, mobile phone services, Internet services, and a telephone directory.

On July 3, 2007, a report by Mexican financial journalist Eduardo Garcia indicated that Slim’s wealth had exceeded that of Microsoft founder Bill Gates, making him the world’s wealthiest person. Recent gains in his shares in the America Movil group are largely responsible for his recent increase in wealth, boosting his fortune to an estimated 67.8 billion dollars compared with the estimated fortune of 59.2 billion dollars for Bill Gates.

He has been vice-president of the Mexican Stock Exchange and president of the Mexican Association of Brokerage Houses. He was the first president of the Latin-American Committee of the New York Stock Exchange Administration Council, and was in office from 1996 through 1998.

He was on the Board of Directors of the Altria (Previously Philip Morris) Group (resigned in April, 2006) and Alcatel. He was on the Board of Directors of SBC Communications until July 2004 to devote more time to the World Education & Development Fund, which focussed on infrastructure, health and education projects. He is also the Majority Shareholder of CompUSA. In 1997, just before the company introduced its famous iMac line, Slim bought 3% of Apple Computer’s stock, which has skyrocketed over the years.[3]

He built an important Mexican financial-industrial empire, Grupo Carso, which owns, among other companies the CompUSA electronic retail chain. After 28 years he became the Honorary Lifetime Chairman of the business. He is also Chairman of Teléfonos de Mexico, América Móvil, and Grupo Financiero Inbursa.

Lawrence J. Ellison was born in the Bronx, New York. At nine months, he contracted pneumonia, and his unmarried 19 year-old mother gave him to her great aunt and uncle to raise. Lawrence was raised in a two-bedroom apartment on the South Side of Chicago. Until he was twelve years old he did not know that he was adopted. His great uncle and adoptive father had lost his real estate business in the Great Depression and made a modest living as an auditor for the public housing authority. As a boy, Larry Ellison showed an independent, rebellious streak and often clashed with his adoptive father. He showed a strong aptitude for math and science, and was named science student of the year at the University of Illinois. During the final exams in his second year, Ellison’s adoptive mother die, and he dropped out of school. He enrolled at the University of Chicago the following fall, but dropped out after the first semester. his father was now convinced he would never make anything of himself, but Ellison had learned the rudiments of computer programming in Chicago and took this skill with him to Berkeley, California, arriving with just enough money for fast food and a few tanks of gas.

For the next eight years he bounced from job to job, working as a technician for Fireman’s Fund, Wells Fargo bank and began working as a programmer with large databases at Ampex. At Ampex he built a large database for the CIA, code name: Oracle.

n 1977, Ellison and his former supervisor from Ampex, Robert Miner, founded Software Development Labs. They supported themselves by consulting for an assortment of corporate clients, when Ellison read a paper called “A Relational Model of Data for Large Shared Data Banks” by E. F Codd, describing a concept Codd had developed at IBM. IBM had seen no commercial potential in the concept of a Structured Query Language (SQL), but Ellison and his partner did. They created a database program compatible with both mainframe and desktop computer systems, renamed their company Oracle, and found their first customers for the database program, Wright Patterson Air Force Base and the CIA. In 1980, Oracle had only eight employees, and revenues were less than $1 million, but the following year, IBM itself adopted Oracle’s SQL for its mainframe systems and for the next seven years, Oracle’s sales doubled every year. The million dollar company was becoming a billion dollar company.

Oracle went public in 1986, raising $31.5 million with its initial public offering, but the firm’s zealous young staff for the rapidly expanding firm habitually overstated revenues, and in 1990 the company posted its first losses. Oracle’s market capitalization fell by 80 percent and the company appeared to be on the verge of bankruptcy. Ellison bit the bullet and replaced much of the original senior staff with more experienced managers. For the first time, he delegated the management side of the business to professionals, and channeled his own energies into product development. The newest version of the database program was a solid success and in only two years the company’s stock had regained much of its previous value.

Even as Oracle’s fortunes rose again, Ellison suffered a series of personal mishaps. Long an enthusiast of many sports and outdoor activities, in rapid succession Ellison suffered serious injuries while body surfing and mountain biking. Ellison survived major surgery, and continued to race his 78-foot yacht and practice aerobatics in his private jet.

Oracle’s fortunes continued to rise throughout the 1990s. America’s banks, airlines, automobile companies and retail giants all depend on Oracle’s database programs. Oracle has benefited hugely from the growth of electronic commerce; its net profits increased by 76 percent in a single quarter of the year 2000. As the stocks of other high tech companies fluctuated wildly, Oracle held its value, and its largest shareholder, founder and CEO Larry Ellison, had come very close to a long-cherished goal, surpassing Microsoft’s Bill Gates to become the richest man in the world.

Steve Jobs was born on February 24, 1955 in San Francisco to American Joanne Carole Schieble and Syrian Abdulfattah John Jandali, a graduate student who later became a political science professor. Steve Jobs is the co-founder, chairman and CEO of Apple Inc., and was the CEO of Pixar Animation Studios until it was acquired by the Walt Disney Company in 2006. Jobs is currently the Walt Disney Company’s largest shareholder and a member of its Board of Directors. He is considered a leading figure in both the computer and entertainment industries. He is also widely credited as the inventor of the Macintosh, the iPod, the iTunes Store, and the iPhone, among other things

Steve Jobs is listed as Fortune Magazine’s Number One most powerful businessman of 2007 out of twenty-five other top businessmen.

Jobs’s history in business has contributed greatly to the myths of the quirky, individualistic Silicon Valley entrepreneur, emphasizing the importance of design while understanding the crucial role aesthetics play in public appeal. His work driving forward the development of products that are both functional and elegant has earned him a devoted following.

Steve Jobs had a deep-seated interest in technology so he took up a job at Atari Inc. which was a leading manufacturer of video games. He struck a friendship with fellow designer Steve Wozniak and attended meetings of the “Homebrew Computer Club” with him. Wozniak and Jobs developed a system with a toy whistle available in the Cap’n Crunch cereal box to make it possible to make free long distance telephone calls. They called off the amateur venture after someone told them of the possible legal consequences.

Together with Apple co-founder Steve Wozniak, Jobs helped popularize the personal computer in the late ‘70s. In the early ‘80s, still at Apple, Jobs was among the first to see the commercial potential of the mouse-driven GUI. After losing a power struggle with the board of directors in 1985, Jobs resigned from Apple and founded NeXT, a computer platform development company specializing in the higher education and business markets. NeXT’s subsequent 1997 buyout by Apple brought Jobs back to the company he co-founded, and he has served as its chief executive officer since shortly after his return.

Keith Rupert Murdoch, AC, KCSG, born in Melbourne on March 11, 1931, usually known as Rupert Murdoch, is an Australian-American global media tycoon. In 1937 he moved to Britain where he was raised and eventually attended Oxford University. Billionaire Australian, American publishing magnate. He is the major shareholder, chairman and managing director of News Corporation (News Corp).

Beginning with newspapers, magazines and television stations in his native Australia, Murdoch expanded News Corp into the UK and US and Asian media markets. In recent years has become a leading investor in satellite television, the film industry, the Internet and media. News Corp is based in New York.

His father Sir Keith Murdoch became Australia’s most influential newspaper executive, directing the Melbourne-based Herald and Weekly Times Ltd. After his father’s death in 1952, Rupert returned to Australia to take over the running of his business and to inherit a considerable fortune but was left with a relatively modest inheritance.

In an effort to expand his television interests further in the United States Rupert Murdoch became an American citizen in 1985. Throughout the 80s his Australian listed Media company the News Corporation continued to grow rapidly, acquiring interests in newspapers, magazine, book publishing, television stations, film and more

The rapid growth of News Corporation and expansion into satellite TV also brought massive loans. During a downturn in the early 90s Murdoch and his media empire had difficulty paying its bills. Many of his American magazine interests were sold to pay off some of the loans and things eventually turned around for Murdoch.

In 1995 News Corporation with the backing of Telstra launched the Foxtel pay TV network in Australia, and then a year later Foxtel launched the Fox News Channel, a 24 hour news channel which reflected Murdoch’s conservative views. Fox News has consistently taken ratings from CNN and is now considered the most watched cable news channel.

In 1999 Murdoch extended his music interests in Australia by acquiring Mushroom Records which he merged with his Festival Records company as Festival Mushroom Records (FMR). In recent years Rupert Murdoch’s son Lachlan Murdoch has started to take over management of News Corporation and will eventually take over his father’s role.

Murdoch’s personal life has suffered 2 failed marriages with his first marriage ending after only a few years. His second marriage was to journalist Anna Murdoch one of his employee’s to whom he had 3 children. However they were divorced in 1998 after Murdoch had an affair with another employee, Wendi Deng who was 40 years his junior, they married soon afterwards. Rupert Murdoch’s net worth is estimated at 6.9 billion.

Internet entrepreneur, computer scientist. Born in August 1973 in Moscow, Russia. The son of a Soviet mathematician economist, Brin and his family emigrated to the United States to escape Jewish persecution in 1979. After receiving his degree in mathematics and computer science from the University of Maryland at College Park, Brin entered Stanford University, where he met Larry Page. Both students were completing doctorates in computer science.

As a research project at Stanford University, Brin and Page created a search engine that listed results according to the popularity of the pages, after concluding that the most popular result would often be the most useful. They called the search engine Google after the mathematical term “Googol,” which is a 1 followed by 100 zeros, to reflect their mission to organize the immense amount of information available on the Web.

After raising $1 million from family, friends and other investors, the pair launched the company in 1998. Google has since become the world’s most popular search engine, receiving more than 200 million queries each day. Headquartered in the heart of California’s Silicon Valley, Google held its initial public offering in August 2004, making Brin and Page billionaires. Brin continues to share the company’s day-to-day responsibilities with Larry Page and CEO Eric Schmidt.

Mark Hurd born on January 01, 1956 has been chief executive officer and president of HP and a member of the company’s board of directors since early 2005. In September 2006, he was named chairman of the board.

With the goal of establishing HP as the world’s leading technology company, Hurd has sharpened HP’s strategic focus and concentrated its R&D investments on three long-term growth opportunities: next-generation enterprise data center architecture and services; technologies for always connected, always personal mobile experiences; and a broad transition from analog to digital imaging and printing across the consumer, commercial and industrial markets.

At the same time, Hurd has improved HP’s operating efficiency and execution as well as its financial performance and customer focus. The result has been increasing growth and profitability, greater value for shareholders and customers, and a stronger competitive position in global IT markets. For the most recent four fiscal quarters, HP revenue totaled $104.3 billion.

Prior to joining HP, Hurd spent 25 years at NCR Corp., where he held a variety of management, operations, and sales and marketing roles that culminated in his two-year tenure as chief executive officer and president. His leadership was marked by successful efforts to improve operations, bolster the position of NCR’s product line and build a strong executive team.

Hurd is a member of the Technology CEO Council, a coalition of chairmen and chief executive officers of IT companies, which develops and advocates public policy positions on technology and trade issues.

He earned a bachelor’s degree in business administration in 1979 from Baylor University.

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