Friday, December 19, 2008

Dr Prannoy L Roy:-

Name:- Dr Prannoy L Roy
Born:- born on October 15, 1949
Founder:-He is founder and the president of New Delhi Television (NDTV). He is one of the pioneers of Indian television journalism.


Early life:-
Roy attended The Doon School, Dehradun and went to Haileybury (UK) for his A-levels. He graduated in Economics from the University of London's Queen Mary College in 1973. Then he got his Ph.D from the Delhi School of Economics where he also taught for a year. He worked as a Chartered Accountant for some time and later joined Price Waterhouse, India before moving over to television.
Career:-
He rose to fame with the program The World This Week and the election coverage with Vinod Dua on Doordarshan. He has also worked for the STAR TV. He specializes in covering elections. He is also a well-known economist and has served as an economic adviser to the Ministry of Finance.
He is married to Radhika Roy (sister of Brinda Karat), who was a speech therapist and is the Director of NDTV. He is the uncle of the prize winning Indian writer Arundhati Roy.
He is also a member of International Advisory Board a neo conservative globalist think tank council on foreign relations.
Dr. Prannoy Roy, Chairman and Wholetime Director, age 54 years, is one of the leading psephologists and political analysts in India. He is the recipient of the prestigious Leverhulme fellowship for his Doctorate and a scholarship to study at the Haileybury, a leading public school in England. Dr. Roy has a doctorate in Economics from the Delhi School of Economics, bachelors in Economics from the Queen Mary College, London University and is a Qualified Chartered Accountant from London.During 1985-1987, Dr. Roy was associated with the Ministry of Finance, Government of India as Economic Advisor. He has been involved with the television media since 1980 as a commentator on elections and from 1984 as one of the premier anchorpersons in India in terms of credibility, analytical depth and presentational quality. He has been adjudged the television personality of the millennium by the Indian Express poll and has contributed to various national and international publications. He has been felicitated by many organizations. Some of the key awards received by him are:
 Priyadarshini Academy Bombay, Felicitations Award for explicit coverage of world news on TV and analysis of trends in elections awarded in 1990
 Dynasty Culture Club Hall of Fame award for Best Anchor Person in 1991
 TV & Video Award for Best Anchor Person in 1993
 B. D. Goenka Award for excellence in Journalism in 1994 and 1995
 Maharana Mewar Foundation Award for contribution to Journalism in 1996
 Runner-up for Best News Presenter / Anchor in the Asian television Awards in 1997
 Goodwill Tour Award from Habib Public School, Karachi awarded in 1997
 Indian Dance theatre “Best Personality of the Year” awarded in 1998
 Screen Videocon Award for “Lifetime Achievement” awarded in 1998
 Limca Book of Records – “Person of the year” awarded in 1998
 Ernst & Young - Entrepreneur of the year award (Media)
The 50-something president of NDTV, Prannoy Roy, is not only his competitors' envy and the idol of millions of Indian youngsters aspiring to make it as TV journalists and news presenters in an industry that is slowly throwing up newer opportunities, but also a heart-throb of sorts. His female fan following is said to be legion as the man sporting a salt-n-pepper beard still retains his handsome looks even as his charm off-screen is infectious. But Roy remains elusive to the prying media and shy of the limelight, unlike some of his counterparts in the industry. His oft-repeated defence being `let my work speak for me and the organisation' or `when the time comes, I'll speak to you.'
But in recent times, Roy has shed some of his inhibitions and made a few public appearances - one of the rare occasions being Indiantelevision's Indian Telly Awards in November 2002, where he was bestowed with the Lifetime Achievement honour.Repeated requests for interviews have been politely turned down by Roy, who is now poised to convert his TV software company into a broadcasting company. A trained economist, Roy dabbled in psephology before hitting the big time in Indian television towards the latter half of the last decade when the country's TV viewing choice was more or less limited to Doordarshan.If New Delhi Television today claims in promos and audiovisuals that `if it's news, it must be NDTV' (as an A/V did during a press conference today to announce a distribution tie-up for NDTV's two proposed news channels with One Alliance), it is not much off the mark.Through its 15 year history, NDTV has striven to better its quality and the technology used. From the revolutionary The World This Week (nominated one of India's five best TV programmes since Independence) on Doordarshan to the first privately produced nightly news bulletins on DD, The News Tonight, NDTV has always been in the forefront, setting industry standards. No wonder then, that TV personality Vinod Dua, who has worked closely with Roy during his earlier days, feels that NDTV is a true "blue chip TV company." Though, some critics also maintain that a large portion of the success of Roy and NDTV should also be reserved for influential persons in the government and elsewhere who have, in times of need, given that necessary push, the lack of which has sounded the death knell for many an organization in an increasingly competitive world. Still, there is no denying the fact that Roy and his colleagues run one of India's best news and current affairs outfit.Today, as NDTV stands almost at the fag end of its five-year old - at times tumultuous - association with the Rupert Murdoch-controlled Star (NDTV was contracted for producing content for Star News channel), Roy remains as enigmatic as before. In this piece, indiantelevision has attempted to collate the replies to various questions that Roy fielded from the media, including us, during a press conference and on the sidelines. The piece also gives some insight into the mind of a person who is gracious when faced with awkward questions (`how would you describe the association with Star now that you two are parting?'), alive to competition and ready to write another chapter in the history of Indian television.


IPI honour for Prannoy Roy
By Gaurav Vivek Bhatnagar

The President, A.P.J. Abdul Kalam, presenting the IPI-India Award for Excellence in Journalism, 2004 to Prannoy Roy in New Delhi on Monday. Philip Mathew, vice-chairman of the international board of the IPI and Managing Editor of Malayala Manorama, is at left. — Photo: Shanker Chakravarty.
NEW DELHI, DEC. 6. Prannoy Roy, the distinguished media personality and president of NDTV, was today presented with the Award for Excellence in Journalism, by the President, A.P.J. Abdul Kalam. At a function held at Vigyan Bhavan here, Dr. Roy received it for investigative stories run by the news and current affairs television channel on the stamp paper scam masterminded by Abdul Karim Telgi and a baby-swapping racket.
The award, comprising a memento and a cash component of Rs. 2 lakhs, is instituted by the India chapter of the International Press Institute (IPI). A jury headed by the former Chief Justice of India and Chairman of National Human Rights Commission, A.S. Anand, made the choice.

Mark Elliot Zuckerberg:-

Full name:- Mark Elliot Zuckerberg.
Born:- May 14, 1984.
Country:- New York, America.
Status - Founder:- CEO – Facebook.com (Social Networkingsite)
Education:- Harvard College (computer science)

Lifestlye:-
Zuckerberg was born to a Jewish-American family and raised in Dobbs Ferry, Westchester County, New York. He began programming computers in sixth grade. Zuckerberg attended Ardsley High School and transferred to Phillips Exeter Academy in his junior year.
In 2003, Zuckerberg and his friend Adam D'Angelo launched the Synapse Media Player. The player received high acclaim in its ability to predict songs to play based on the user's previous selections. Several software companies, including Microsoft, expressed interest in the player, though no formal deals were made.
College Years:-
Zuckerberg attended Harvard University and was enrolled in the class of 2006. He was a member of the Alpha Epsilon Pi fraternity. At Harvard, Zuckerberg continued creating his projects. An early project, Coursematch, allowed students to view lists of other students enrolled in the same classes. A later project, Facemash.com, was a Harvard-specific image rating site similar to Hot or Not. A version of the site was online for four hours before Zuckerberg's Internet access was revoked by administration officials. The computer services department brought Zuckerberg before the Harvard University Administrative Board, where he was charged with breaching computer security and violating rules on Internet privacy and intellectual property.
The school alleged that Zuckerberg had hacked into Harvard house websites to harvest images of students without their permission, for profit Zuckerberg stated that he thought that information should be free and publicly available. The action taken by the board, if any, was not made public. In 2004, Zuckerberg created Facebook and took a leave of absence from the college. A year later he dropped out.
Initiative as an entrepreneur:-
Mark Zuckerberg founded "The Facebook" in February 2004, while attending Harvard University, with support from Andrew McCollum and Eduardo Saverin. By the end of the month, more than half of the undergraduate population at Harvard were registered on the service. At that time, Zuckerberg was joined by Dustin Moskovitz and Chris Hughes for site promotion and Facebook expanded to Stanford, Columbia, and Yale. This expansion continued in April of 2004 when it expanded to the rest of Ivy League and a few other schools. The following month, Zuckerberg, McCollum and Moskovitz moved to Palo Alto, California, to continue work on Facebook's development with additional help from Adam D'Angelo and Sean Parker. In September, Divya Narendra, Cameron Winklevoss and Tyler Winklevoss, the owners of the social networking website ConnectU, filed a lawsuit against Facebook, alleging that Zuckerberg had illegally used source code intended for a website they asked him to build for them. Also at that time, Facebook received approximately $500,000 from PayPal co-founder Peter Thiel in an angel round. By December, Facebook's user base had exceeded one million.
Facebook Legal Challenges:-
Founder of Facebook.com, Mark Zuckerberg, has been accused of illegally using both the concept and source code from competing site Connectu.com. In November 2003, ConnectU engaged Mark Zuckerberg, then a sophomore at Harvard, to complete the computer programming for their website. Upon joining the ConnectU team, Zuckerberg was given full access to the website source code. Allegedly, Zuckerberg intentionally hampered the development of ConnectU while using code originally intended for ConnectU in the development of Facebook.
Since its original filing in Massachusetts the lawsuit was dismissed without prejudice due to technicality on March 28, 2007, but was never ruled on. It was refiled soon thereafter in U.S. District Court in Boston, and a preliminary hearing was scheduled for July 25, 2007. Facebook asked the district court to dismiss the case. The attorneys representing Facebook referred to the allegations as "broad brush", "false" and that they are unsubstantiated with evidence.
Facebook Sale Rumors:-
In 2006, with the sale of social networking site MySpace to NewsCorp, rumors surfaced about the possible sale of Facebook to a larger media company. Zuckerberg, the owner of Facebook, has said that he does not want to sell the company and denies rumors to the contrary. He has already rejected outright offers in the range of $975 million, and it is not clear who might be willing to pay a higher premium for the site. Steve Rosenbush, a technology business analyst, suspects Viacom.
In September 2006, serious talks between Facebook and Yahoo! took place for the acquisition of the social network, with prices reaching as high as $1 billion. In October, after Google purchased video-sharing site YouTube, rumors circulated that Google had offered $2.3 billion to outbid Yahoo! Peter Thiel, a board member of Facebook, indicated that Facebook's internal valuation is around $8 billion based on their projected revenues of $1 billion by 2015, comparable to that of Viacom's MTV brand and based on shared target demographic audience.
In September 2007, Microsoft approached Facebook, proposing an investment in return for a 5% stake in the company. Microsoft would pay an estimated 300 to 500 million dollars for the share. Other companies such as Google had also expressed interest in buying a portion of Facebook. On October 24th, 2007, Microsoft announced that it had bought a 1.6% share of Facebook for $246 million, which values the site at around $15 billion.

Thursday, November 27, 2008

N. R. Narayana Murthy:-

Name :- N R Narayana Murthy
Born :- 20 Aug 1946 Karnataka, India
Occupation :- Non Executive Chairman & Chief
Mentor of Infosys.
Salary :- $50,000 USD (Infosys)
Net worth :- $1.8 billion USD (2007)
Nagavara Ramarao Narayana Murthy, better known as N. R. Narayana Murthy, is an Indian industrialist, software engineer and one of the seven founders of Infosys Technologies, a global consulting and IT services company based in India. He is currently the non-executive Chairman and Chief Mentor of Infosys. He was the CEO of the company for 21 years, from 1981 to 2002. After stepping down as CEO in 2002, he has broadened his scope of activities to social services as well as promoting India globally.
Murthy's corporate and social vision has been appreciated globally and he is the recipient of several awards including Padma Vibushan - India's second highest civilian award.
Early life:-
Born into a Kannada Madhva Brahmin family in Mysore, India on August 20, 1946, Murthy graduated with a degree in electrical engineering from the National Institute of Engineering, University of Mysore in 1967 after attending government school, and received his master's degree from IIT Kanpur in 1969.
His first position was at IIM Ahmedabad as chief systems programmer where he worked on a time-sharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited).
After IIM Ahmedabad, he then joined Patni Computer Systems in Pune. Before moving to Mumbai, Murthy met his wife Sudha Murthy-Kulkarni in Pune who at the time was an engineer working at Tata Engineering and Locomotive Co. Ltd. (Telco, now known as Tata Motors) in Pune. In 1981, he founded Infosys with six other software professionals. He served as president of the National Association of Software and Service Companies, India from 1992 to 1994. Mr. Murthy is the brother-in-law of serial entrepreneur Gururaj "Desh" Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao.
Corporate Profile:-
Murthy served as the founder CEO of Infosys for 21 years, and was succeeded by co-founder Nandan Nilekani in March 2002. He is the chairman of the governing body of the International Institute of Information Technology - Bangalore, and was the Chairman of the Governing Body of the Indian Institute of Management, Ahmedabad. In addition, he is a member of the Board of Directors of INSEAD, Board of Overseers of the University of Pennsylvania's Wharton School, Cornell University Board of Trustees, Business Advisory Council of Great Lakes Institute of Management - Chennai, Singapore Management University Board of Trustees and the Board of Advisors for the William F. Achtmeyer Center for Global Leadership at the Tuck School of Business.
Mr. Murthy also sits on the Board of Governors of the Asian Institute of Management (AIM), a graduate school of business located in the Philippines and is also the Chairman of the Board of Members of School of Management, Asian Institute of Technology (AIT) located in Bangkok, Thailand. He is the chairman of the, Asia Business Council, an organization headquartered in Hong Kong.
He is also a member of the Advisory Boards and Councils of various well-known universities – such as the Stanford Graduate School of Business, the Corporate Governance initiative at the Harvard Business School, Yale University and the University of Tokyo’s President's Council.
Murthy serves as an independent director on the board of the DBS Bank of Singapore. This is the largest government-owned bank in Singapore. He also serves as a director on the Central Board of the Reserve Bank of India, as the co-chairman of the Indo-British Partnership, as a member of the Prime Minister's council on trade and industry, as a member of the Asia Advisory Board of British Telecommunications plc. and as a member of the Board of NDTV, India. He also serves as an independent director on the board of the European FMCG giantUnilever. He is an IT advisor to several Asian countries. He is also an Independent Director on the board of HSBC.
He retired from his executive position at Infosys on 20th August, 2006. However, he continues as the Non-Executive Chairman of the board.
Awards:-
Murthy has been the recipient of numerous awards and honors. In 2008, he was awarded the Padma Vibhushan, a second highest civilian award by India and highest civilan award by France.
In 2000, he was awarded the Padma Shri, a civilian award by the Government of India. He was the first recipient of the Indo-French Forum Medal (in the year 2003), awarded by the Indo-French Forum, in recognition of his role in promoting Indo-French ties.
He was voted the World Entrepreneur of the Year - 2003 by Ernst & Young. He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME / CNN as one of the twenty-five, most influential global executives, a group selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize ( Switzerland), in recognition of his promotion of individual responsibility and liberty.
In 1999, BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years - 1998, 1999 and 2000). In 1998, the Indian Institute of Technology, Kanpur, one of the premier institutes of higher learning in India, conferred on him the Distinguished Alumnus Award, and in 1996-97, he was awarded the JRD Tata Corporate Leadership Award.
In December 2005, Narayana Murthy was voted as the 7th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit. The list included 14 others with distinguished names such as Bill Gates, Steve Jobs and Warren Buffett. In May 2006, Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India in a study conducted by Brand-comm, a leading Brand Consulting, Advertising and PR firm.
The Economist ranked him 8th among the top 15 most admired global leaders (2005). He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years – 2004 and 2005.
TIME magazine’s “Global Tech Influentials” list (August 2004) named Mr. Murthy as one of the ten leaders who are helping shape the future of technology. In November 2006, TIME magazine again voted him as one of the Asian heroes who have brought about revolutionary changes in Asia in the last 60 years. The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi, Dalai Lama, Mother Teresa,Muhammad Ali Jinnah etc.
He was the first recipient of the Indo-French Forum Medal (2003), awarded by the Indo-French Forum in recognition of his role in promoting Indo-French ties. He was voted the World Entrepreneur of the Year – 2003 by Ernst and Young. He was one of two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001, he was named by TIME/CNN as one of the 25 most influential global executives, selected for their lasting influence in creating new industries and reshaping markets. He was awarded the Max Schmidheiny Liberty 2001 prize (Switzerland), in recognition of his promotion of individual responsibility and liberty.
In 1999, BusinessWeek named him one of their nine Entrepreneurs of the Year, and he was featured in BusinessWeek's 'The Stars of Asia' for three successive years – 1998, 1999 and 2000. He was recently awarded the Commander of the British Order (CBE) by the British government.
Controversies:-
Narayana Murthy's trait of plain-speak and honesty has landed him in many altercations with local political leaders. While the political leaders insist that Narayana Murthy was eyeing India's presidential nomination, Narayana Murthy has repeated many times that he has no interest in politics.
The former President of India, Dr. A. P. J. Abdul Kalam visited Infosys campus on April 8, 2007 and during the event, the instrumental version of the Indian national anthem was played instead of a recital. When a newsreporter asked for explanation, Narayana Murthy replied that he didn't want to embarrass his foreign guests leading to protests from various a wide section of politicians and social activitists. Narayana Murthy quickly apologized for the incident but political parties insisted on action against him. While the lower courts issued summons to Murthy for explanation, the High Court of Karnataka quashed all proceedings on the case because of lack of any substance in the charges against Murthy The controversy however deflected attention from the fact that Abdul Kalam thought highly of Narayana Murthy for the post of President of India.
Narayana Murthy was critical of the bandh (forced closure of business) call by politicians protesting against the decision of the Kaveri river water dispute leading to protests from political activists against Murthy. Earlier in 2005, Deve Gowda, former Indian PM, accused Murthy of "double-talk" when Murthy expressed his concerns on the state of Bangalore infrastructure. In response, Murthy resigned from the post of Chairman for the then upcoming greenfield International airport project (BIAL) taking offense to the assertion that he didn't spend adequate time in the project. Murthy also replied to every point raised by Gowda on land acquisition by Infosys leading the ex-PM to go silent.
As Chairman of The Indian Institute of Management, Ahmedabad, Narayana Murthy spoke his mind on the Human Resource Development Ministry's action to reduce admission fee as well as the move to decline permission to the institute for setting up of global campus. In both cases, the HRD ministers had to concede to Murthy after public spats.
Quotes:-
“Our assets walk out of the door each evening. We have to make sure that they come back the next morning.”
“Performance leads to recognition. Recognition brings respect. Respect enhances power. Humility and grace in one's moments of power enhances dignity of an organisation,”
“The real power of money is the power to give it away.”
“In God we trust, everybody else bring data to the table.”
“Progress is often equal to the difference between mind and mindset.”
“I want Infosys to be a place where people of different genders, nationalities, races and religious beliefs work together in an environment of intense competition but utmost harmony, courtesy and dignity to add more and more value to our customers day after day.”
"Ships are safest in the harbor but they are not meant to be there. They have to sail long and hard and face stormy seas to reach the comfort of a desirable destination"

Tuesday, October 14, 2008

Naresh Goyal :-

Naresh Goyal :- The founder Chairman of Jet Airways.
Born:- Naresh Goyal was born on December 23, 1950 in New York City.
Details:- Forbes magazine declared him the 16th richest person in India with a net worth of $1.9 billion.
--- Naresh Goyal is the founder Chairman of Jet Airways. He started operating Jet Airways in 1993. Following the 2005 IPO of Jet Airways, Forbes magazine declared him the 16th richest person in India with a net worth of $1.9 billion.
He has just taken over Air Sahara giving his company 32% of the Indian travel market.
He has over 37 years of experience in the civil aviation sector. Under his leadership, Jet Airways has emerged as one of India's most preferred airlines.
Naresh Goyal was born on December 23, 1950 in New York City but his family moved to New Delhi when he was only 2 months old.
----- After graduating in commerce in 1967, Naresh Goyal joined the travel business with the general sales agents for Lebanese International Airlines. From 1967 to 1974, he took extensive training in all facets of the travel business through his association with several foreign airlines. He also extensively travelled overseas on business during this period.
----- In May 1974, Goyal founded Jet Airways (Private) Limited with the objective of providing sales and marketing representation to foreign airlines in India.
He was involved in developing studies of traffic patterns, route structures, operational economics and flight scheduling, all of which has made him an authority in the world of aviation and travel.
----- Mr. Goyal served on the Board of the International Air Transport Association (IATA) from 2004-2006. Mr. Goyal is the first Chairman of a private airline of India to be elected to IATA's prestigious Board of Governors.

David Filo:-

David Filo:- Cofounder of Yahoo!
Famous for :- Founding one of the most popular websites on the Internet (Yahoo! Search engine and web portal) with Jerry Yang and for being an American internet billionaire.
Details :- Born - 1966, Wisconsin, USA / Lives - United States of America
David Filo with his partner Jerry Yang, co-created the popular search engine Yahoo! while studying together at Stanford. Today Yahoo! is one of the most popular directories and search engines on the web and has grown to provide consumers with services such as online dating, shopping, and website hosting.
David Filo was born in Wisconsin in 1966, and later moved to Moss Bluff, Louisiana at the age of six. He attended high school at Sam Houston High School near Lake Charles, Louisiana and ended up at Tulane University with a Dean's Honor Scholarship. He graduated with a BS in Computer Engineering. Filo then took his studies to Stanford University where he eventually graduated with a Master of Science degree.
It was at Stanford that David Filo met Jerry Yang, another Computer Engineer. Together, Filo and Yang started surfing the fledgling internet in their spare time. There were thousands of new websites appearing every day and Filo and Yang wanted to make the most of the experience by setting up a directory in order to share sites with their friends. They created Yahoo! to help organize their findings and help other people find relevant sites.
Yahoo! quickly grew to include other Stanford alumni and Filo and Yang developed software to help categorize websites even further. The site grew even more and became a stable for online searches. Hundreds of companies jumped on board to advertise on their site and helped the company to grow to over one hundred employees in a short time.
Although Yahoo! still offers searches and directories, they have expanded their offerings to include online personals and dating, shopping, web hosting services, and more. Yahoo! offers services in countries around the world in a variety of languages. David Filo still heads software and also acts as Chief of Yahoo!.

We're not in this for the fast money. Really, what we want is to be part of this industry. ----David Filo

Monday, October 13, 2008

Vijay mallya:-

Vijay Mallya:- Chairman of the UB Group.
Details:- Net worth is US $ 1.2 billion.United Breweries is the second
largest sprits group in the world.
Born:- Vijay Mallya was born on December 18 ,year 1955.
Indian Billionaire and Liquor Tycoon , Vijay Mallya has always been known for his charismatic personality,flamboyance and lavish lifestyle.The stylish business tycoon is known for sporting diamond ear studs.Mallya does not think twice before flaunting his wealth.Mallya owns yachts,private jets,a customized boeing 727,around 250 vintage cars and a stud farm with 200 horses.Mallya’s Indian Empress is a Rs 450 crore, 311 feet yacht. Kalizma is a 165 feet yacht, this was owned by actor Richard Burton at one time.
Vijay Mallya is the Chairman of the UB Group and according to Forbes, his net worth is US $ 1.2 billion.United Breweries is the second largest sprits group in the world.We can recall that The UB Group acquired Whyte and Mackay for £ 595 million in 2007.The UB group has a market capitalization of around US$ 12 billion.
Vijay Mallya was born on December 18 ,year 1955.He studied at La Martiniere School in Kolkata.Mallya went to St Xavier’s college, University of Calcutta for his Bachelor’s Degree.He started working while he was in college.He worked for his company for Rs 400 per month.Later,Mallya went to the US and worked for American Hoechst Corporation.
Vijay Mallya became the Chairman of the UB Group at age 28 in the year 1983, after his father Vittal Mallya passed away. Since that time he has led the group and turned it into a multi billion dollar business.Today the company has annual sales of more than US$ 4 billion.Vijay Mallya holds an honorary Doctorate of Philosophy in Business Administration,conferred by University of California,Irvine. Mr. Mallya likes to take on new challenges and live life to the fullest.
Vijay Mallya entered into the aviation sector when he launched Kingfisher Airlines in 2005. In Just about 3 years Kingfisher has become one of the leading Airlines in India.Mallya owns 46 per cent stake in low cost airline Air Deccan.His company appointed accenture to look at the possibility of integrating the operations of Kingfisher and Air Deccan.Accenture recommended the merger of the two Airlines.With this merger Kingfisher will be able to fly on international routes since Air Deccan becomes eligible to fly abroad this year.Kingfisher plans to start international operations by August 2008.
Kingfisher gives competition to Naresh Goyal’s Jet Airways. Naresh Goyal and Vijay Mallya were in the Forbes’ battling billionaires list since both of them have ambitious plans for their Airlines.Billionaire Naresh Goyal has a net worth of $1.4 Billion.
Vijay Mallya is the owner of The Bangalore Royal Challengers Team of the IPL. Mallya paid Rs 464.3 crore for the team.The team is led by Rahul Dravid and has Players such as Zaheer Khan,Anil Kumble,Praveen Kumar,Mark Boucher,Virat Kohli and Jacques Kallis.Mallya and Dutch Businessman Michiel Mol are the owners of a Formula One Team , Force India.Force India was earlier called spyker.They bought the team for 88 million euros.

Saturday, October 4, 2008

Anil Ambani


Anil Ambani:- Chairman, Anil Dhirubhai Ambani Group
Famous For:- As of October 6th 2007, he has a net-worth of US$42 billion, making him the 6th richest person in the world.
Details:- Born 4, June 1959 (age 49) Mumbai, India.
Anil "BIG" Ambani (born June 4, 1959) is an Indian businessman. As of October 6th 2007, he has a net-worth of US$42 billion, making him the 6th richest person in the world. His was the world's fastest-growing multi-billion-dollar fortune in percentage terms as his wealth tripled in 1 year. He has got the nickname BIG due to his "BIG" brand like BIG TV, BIG FM, BIG Music, Big Movies etc. Popular opinion says that the name BIG is used to mock at elder brother Mukesh Ambani, from whom he has an ongoing dispute.
-- Ambani is the chairman of Reliance Capital, Reliance Communications and Chairman & Managing Director, Reliance Energy, and was formerly Vice Chairman and Managing Director of Reliance Industries Limited. His personal stake in Reliance Communications is 66%. Reliance group is India's largest business house, founded by Anil's late father Dhirubhai Ambani (1938-2002). His mother is Kokilaben Ambani. He is married to Tina Ambani (Munim) who was a well known Indian Actress in early 80's, and with whom he has two sons, Jai Anmol and Jai Anshul. He has been linked with buying Newcastle United and Everton premier league football clubs.
The total investors' wealth in the four Anil Ambani Group firms -- Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd (RNRL) has reached 1,42,384 crore rupees, while total promoter holding is estimated at about Rs 87,000 crore. Anil's wealth comes mostly from his over 65 per cent stake in RCOM, which has a market cap of about Rs 1,03,000 crore. He also has over 50 per cent in RCL (market cap of Rs 24,000 crore), 35 per cent in REL (market cap of Rs 12,700 crore) and close to 54 per cent in RNRL, which has a market cap of about Rs 2,600 crore.His net worth subsequently plunges by over 60% owing to poor stock market condition in India led by ADAG stocks.
As of 12th September Anil Ambani is reportedly interested in taking control of premiership football team Everton FC.
Education:- Ambani holds a Bachelor of Science degree from the University of Mumbai and an MBA degree from The Wharton School at the University of Pennsylvania. Currently, he serves as a member of the Wharton Board of Overseers.
Career:- Ambani joined Reliance, the company founded by his late father Dhirubhai Ambani, in 1983 as Co-Chief Executive Officer and is credited with having pioneered many financial innovations in the Indian capital markets. For example, he led India's first forays into overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds. He directed Reliance in its efforts to raise, since 1991, around US$2 billion from overseas financial markets; with a 100-year Yankee bond issue in January 1997 being the high point, after which people regarded him as a financial wizard. He has steered the Reliance Group to its current status as India's leading textiles, petroleum, petrochemicals, power, and telecom company.
Anil was the member of Uttar Pradesh Development Council (This council has now been scrapped) He is also the Chairman of Board of Governors of DA-IICT, Gandhinagar and a member of the Board of Governors of the Indian Institute of Technology, Kanpur. He is member of the Board of Governors, Indian Institute of Management, Ahmedabad. He is also a member of the Central Advisory Committee, Central Electricity Regulatory Commission. In June 2004, Anil was elected as an Independent Member of the Rajya Sabha - Upper House, Parliament of India with the support of the Samajwadi Party. In March 2006, he resigned. Recently after his brother Mukesh Ambani he also has his name in the list of Indian Trillionaires(In terms of Indian Rupee).
Anil has been linked with several starlets in his long career including his current wife of more than 15 years. He is a close friend of movie star Amitabh Bachchan. One of his major achievements in the entertainment industry is the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai's only dome theatre.

Monday, September 29, 2008

Indra Nooyi:-

Indra Krishnamurthy Nooyi :-
She is the chairwoman and chief executive officer of PepsiCo, the world's fourth-largest food and beverage company.
Details:- born October 28, 1955 in Chennai, Tamil Nadu, India.
----------------------
-- On August 14, 2006, Nooyi was named the successor to Steven Reinemund as chief executive officer of the company. She was effectively appointed as CEO by PepsiCo's board of directors on October 1, 2006. According to the polls Forbes magazine conducted, Nooyi ranks fifth on the 2007 list of The World's 100 Most Powerful Women. Nooyi has been named the #1 Most Powerful Business Woman in the world in 2006 and 2007 by Fortune magazine
Early life and career:-
She completed her schooling from Holy Angels School, Madras. She received a Bachelor's degree in Chemistry from Madras Christian College in 1974, and immediately entered the PGDBA (Post-Graduate Diploma in Business Administration) program at the Indian Institute of Management, Calcutta. After graduating from IIM-C in 1976, she worked in India. She was admitted to Yale School of Management in 1978 for a master's degree in Management. Following her master's degree from Yale in 1980, Nooyi started at The Boston Consulting Group (BCG), from where she moved on to strategy positions at Motorola and ABB.
Nooyi is a Successor Fellow at Yale Corporation and serves on the board of several organizations, including Motorola, the Federal Reserve Bank of New York, the International Rescue Committee, and the Lincoln Center for the Performing Arts. Among her friends are former Secretary of State Henry Kissinger, who describes her as a "wild New York Yankees fan."
She lives in Greenwich, Connecticut with her husband, Raj K. Nooyi.
In 2007, she was awarded Padma Bhushan by Government of India. In 2008, she was elected to the fellowship of the American Academy of Arts and Sciences.

Friday, September 26, 2008

Mukesh Ambani:-


Mukesh Ambani: chairman, managing director and the largest shareholder of Reliance Industries,
Born:- April 19, 1957 (1957-04-19) Colony of Aden, Yemen.
Mukesh Ambani (born April 19, 1957 in Yemen) is an Indian businessman and the world's fifth richest man, with a net worth of approximately $43 billion. He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. His wealth is valued at US$43 billion (according to Forbes), making him the fifth richest man in the world and the richest in Asia.
Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai Indians.
Education:- Mukesh Ambani completed his graduation with a bachelors degree in chemical engineering from the University Institute of Chemical Technology (UDCT), Mumbai. Mukesh later pursued an MBA (he did not complete the course) from Stanford University.
Career:- Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.
He directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $26 billion USD).
Mukesh Ambani set up one of the largest telecommunications companies in India in the form of Reliance Communications (formerly Reliance Infocom) Limited. However, Reliance Infocom now is under Anil Dhirubhai Ambani Group post the brothers' split.Had the two brothers not split, and Mukesh being the president , his net worth would have been around $85 billion ,making him the richest man on earth ever by a huge margin. Under Ambani's leadership, Reliance has entered retail business through its wholly owned subsidiary Reliance Retail.
Under him Reliance Retail has also launched a new chain called Delight stores and also signed a letter of intent with NOVA Chemicals to make energy-efficient structures for Reliance Retail.
Ambani owns the Indian Premier League team Mumbai Indians. He has also set up the Dhirubhai Ambani International School in Mumbai.
Mukesh Ambani bought the Antilia 49,000 square foot plot in year 2002 and the whole construction will rise to 570 feet with the height of 60 floors though the real construction would be of just 27 floors. The construction is at Altamount Road where the current land rates are at 75000Rs/square feet and 6 floors are already completed with the whole construction to be completed by september 2008. The top four floors, with a panoramic view of the city and the Arabian Sea beyond, are expected to be for Ambani, his wife Nita, mother Kokilaben and the couple’s three kids.
The new ambani’s home would have 3 helipads , Six floors for parking, a full floor for car maintenance, Balconies with gardens , Entertainment floor with 50 people seating floor, a refuge floor which would come in use in emergencies, facilities for athletics and a swimming pool, 2 full floors made of glass-front especially for guests of ambanis though BMC(Brihanmumbai Municipal Corporation) officials have announced that the helipad permissions have not yet been granted.
Family:- Mukesh Ambani is son of one of the most prominent businessmen in India, the late Dhirubhai Ambani, an Indian entrepreneur and founder of Reliance Industries.
His brother Anil Ambani heads Reliance Anil Dhirubhai Ambani Group with interests in telecom, power, natural resources, infrastructure and financial services. The Ambani brothers had a well-publicized spat after their father's death, which led to the Reliance Group being split between the two.
Mukesh Ambani is married to Nita Ambani, who looks after the social and charitable arm of Reliance Industries. They have three children: Akash, Isha and Anant.
Mukesh Ambani is currently building the world's most expensive home (valued at $2 billion). This will be a 60-story skyscraper (with only 27 floors) in downtown Mumbai. It may be called Antilia.
His family belongs to Modh Bania, a trading community in Gujarat, a coastal province of India. His mother is Kokilaben Ambani.
www.wikipedia.com

Sam Pitroda:-

Satyanarayan Gangaram Pitroda, better known as Dr Sam Pitroda, born in:- Titlagarh, Orissa, is an inventor, entrepreneur and policymaker.
Currently:- chairman of India's National Knowledge Commission, he is also widely considered to have been responsible for India's communications revolution. He is the Chairman and CEO of World-Tel Limited, an International Telecommunication Union (ITU) initiative. He holds many key technology patents, has been involved in several startups, and lectures extensively around the world on management, governance and the implications of communications and information technology.
He is the founder and CEO of C-SAM, Inc, which has developed a suite of patented mobile transaction technology called OneWallet. The company has offices in London, Tokyo, and offshore development centres in India in Mumbai and Vadodara. He has served as an advisor to the United Nations and in 1992, his biography, 'Sam Pitroda: A Biography' was published, and became a bestseller on The Economic Times list for five weeks. Mr. Pitroda has lived mainly in Chicago, Illinois since 1964, with his wife and two children.
Early life:
He was born in India in Titilagarh, Orissa.His parents hailed from Gujarat and migrated to Orissa. They were deeply influenced by Gandhi and his philosophy. Sam Pitroda and his brother were sent to Gujarat to imbibe Gandhian philosophy. Sam completed his schooling from Vallabh Vidyanagar in Gujarat and completed his Masters in Physics and Electronics from Maharaja Sayajirao University in Vadodara. After completing a Masters in Physics from Maharaja Sayajirao University in Vadodara he went to the US and did his Masters in electrical engineering from Illinois Institute of Technology in Chicago.
Throughout the late 1960s and early 1970s he was involved in the cutting edge technology research work in telecommunications and handheld computing. He is particularly known for having introduced microprocessors in telephone switches leading to early digital switching. His invention of the Electronic Diary in 1975 is now regarded as one of the earliest examples of hand-held computing. With over 100 patents to his credit Pitroda has been a leading name in telecommunications and information technology for over three decades.
He went on to found Wescom Switching. Wescom was acquired by Rockwell International, where Mr. Pitroda became a Vice President.
In 1983, he also designed his own computer-themed card game called Compucards which used binary numbers (1, 2, 4, 8...) instead of decimal and had a computer bug as the joker. The equivalent of a king in a regular deck of cards was the 'Programmer' that bore an uncanny resemblance to Mr. Pitroda himself.
During his four decades as an engineer Mr. Pitroda has been involved filing scores of patents in telecommunications. The latest set of patents relate to mobile phone based transaction technology which cover the entire spectrum of transactions, both financial and non-financial, via mobile phones.
www.wikipedia.com

Steve Ballmer:-

Steve Ballmer Biography (Steven Anthony Ballmer): Chief Executive Officer (CEO) of Microsoft Corporation
Famous for : Leading the giant software and technology company Microsoft. A viral video of Ballmer giving a very passionate speech was nicknamed "Dance Monkeyboy" and was remixed into a song called "Monkey Developers".
Ballmer details : Born - March 24, 1956 Detroit, Michigan, USA / Lives - USA.
Steve Ballmer is the Chief Executive Officer of the Microsoft Corporation, one of the world's leading software development companies. Microsoft is best known for its Windows operating system for personal computing devices and the Microsoft Office Suite.
Steven Anthony Ballmer was born in Detroit, Michigan on March 24th, 1956. His father was a Swiss immigrant who worked as a manager at the Ford Motor Company and his mother was a Jewish American. Raised with academic values, Ballmer graduated from Detroit County Day School in 1973 (where he now sits on the board of directors). While there he managed the school's basketball team and graduated as valedictorian.
With a perfect score of 800 in the mathematical section of the SATs, he was accepted into Harvard where he befriended Bill Gates, the man who eventually created Microsoft. Although Ballmer was interested in business and Gates prone to computer programming, they seemed to make a good match.
While in college, Steve Ballmer sold ads for the Harvard Crimson, managed the football team, and worked on the Harvard Advocate. After graduating magna cum laude in 1977 with a degree in applied mathematics, Ballmer joined the staff at Procter & Gamble to work as an assistant product manager. Despite his success working on publicity campaigns such as Duncan Hines Brownie Mix, Ballmer decided to return to school for his MBA after two years with the company. He quickly enrolled in Stanford Graduate School of Business.
After his first year at Stanford, Steven Ballmer decided to head up to Seattle to take a job with Microsoft for the summer. At the time Microsoft had only 23 employees and a total of $12.5 in annual sales. After a summer of work, Gates managed to convince Ballmer to quit school and work for Microsoft full time. They agreed on a salary of $50,000 and 7% ownership of the business. Ballmer never went back to Stanford.
As the first business manager hired by Bill Gates, Ballmer took control of employee pay scales and managed to double the number of employees. While Gates continued to work on the evolution of the software industry, Ballmer focused on building a greater financial structure for the company.
Over time Steve Ballmer headed various divisions within the company such as Operating Systems Development, Sales and Support, and Operations. With his strong work ethic and equally intensive management, Gates promoted Ballmer to President in July of 1998. Two years later he was named Chief Executive Officer when Gates resigned from the position. Although Bill Gates still maintains control over the "technological vision", Ballmer now controls the overall operations of Microsoft.
Ballmer sold of 8.3% of his stocks in 2003 but still maintains control over 4% of Microsoft shares. The same year saw Ballmer replacing Microsoft's employee stock option program with a stock grant program.
Steve Ballmer, a Detroit Pistons fan (NBA basketball team), has been happily married to Connie Snyder since 1990 and is the proud father of two sons. He is described as a funny, focused, passionate, sincere, and dynamic man that has infused Microsoft with energetic leadership and vision over his time with the company.
We can believe that we know where the world should go. But unless we're in touch with our customers, our model of the world can diverge from reality. There's no substitute for innovation, of course, but innovation is no substitute for being in touch, either.----Steve Ballmer

Sergey Brin:-

Sergey Brin Biography (Sergey Mihailovich Brin) : Google Co-Founder
Famous for : changing the way that people search the Internet by founding the Google search engine with Larry Page.
Brin details : Born - Moscow, Russia 1973 Lives - USA (moved to America at 5 years of age)
Sergey Mikhailovich Brin (Russian: born August 21, 1973) is a Soviet Union-born American entrepreneur who co-founded Google with Larry Page.
Brin currently holds the position of President of Technology at Google and has a net worth estimated at $18.5 billion as of March 9, 2007, making him the 26th richest person in the world and the 5th richest person in the United States, together with Larry Page. He is also the fourth-youngest billionaire in the world.
Early life and education:-
Sergey Mikhailovich Brin was born in Moscow, in the Soviet Union to a Jewish family, the son of Mikhail Brin and Evgenia Brin, both mathematicians who graduated from the Moscow State University. In 1979, when Brin was six, his family emigrated to the United States. Brin attended grade school at Paint Branch Montessori School in Adelphi, Maryland, but he received further education at home; his father, a professor in the department of mathematics at the University of Maryland, nurtured his interest in mathematics and his family helped him retain his Russian-language skills. In September 1990, after having attended Eleanor Roosevelt High School, Brin enrolled in the University of Maryland, College Park to study computer science and mathematics, where he received his Bachelor of Science degree in May 1993 with honors.
Brin began his graduate study in Computer Science at Stanford University on a graduate fellowship from the National Science Foundation. He earned his master's degree in August 1995 ahead of schedule in the process of his Ph.D. studies. He is on leave from his Ph.D. studies at Stanford.
Brin has also received an honorary MBA from the IE Business School.
Interest in search engines
Brin expressed interest in the Internet very early on in his studies at Stanford. He authored and co-authored various papers on data-mining and pattern extraction. He also wrote software to ease the process of putting scientific papers often written in TeX, a text-processing language, into HTML form, as well as a website for film ratings.
The defining moment for Brin, however, was when he met future co-president of Google, Larry Page. According to Google lore, Page and Brin "were not terribly fond of each other when they first met as Stanford University graduate students in computer science in 1995." Nevertheless, they soon found a common interest: retrieving relevant information from large data sets. Together, the pair authored what is widely considered their seminal contribution, a paper entitled "The Anatomy of a Large-Scale Hypertextual Web Search Engine."
Personal life;-
In May 2007, Brin married Anne Wojcicki in The Bahamas. Wojcicki is a biotech analyst, and a 1996 graduate of Yale University with a degree in biology. She co-founded 23andMe, a personal DNA genotyping service.
Brin's mother is diagnosed with Parkinson's Disease. In 2008, he donated a large sum to the University of Maryland School of Medicine, where his mother is being treated. Brin had the opportunity to use the services of 23AndMe and found that, although Parkinson's is generally not hereditary, both he and his mother possess a mutation of the LRRK2 gene, known as G2019S, which puts the likelihood of developing Parkinson's in later years between 20-80%.

Azim Premji:-

Azim Premji Biography : Wipro Technologies Company
Famous for : being one of India's richest men, billionaire software entrepreneur
Details : Born - July 24, 1945 India / Lives - Bangalore, India
Azim Premji (born July 24, 1945), an Indian businessman, is the Chairman & CEO of Wipro, one of the largest software companies in India. Its headquarters is in Bangalore, "the Indian Silicon City". Azim Premji was rated the richest person in the country from 1999 to 2005 by Forbes[2]. His wealth in 2006 was estimated at $14.8 Billion [3] which places him as the Fifth Richest Indian. He is now considered to be worth closer to 17.1 billion.
Azim H Premji was born to M.H. Hasham Premji. He attended St. Mary's School I.C.S.E. in Mazagaon, Mumbai. Premji was just finishing his undergraduate engineering studies at Stanford University in 1966 when his father passed away. He immediately returned to India where he took over the family's fledgling vegetable oil business, Western Indian Vegetable Products Limited (now called Wipro). Premji started off with a simple vision: to build an organization on a foundation of values. Premji eventually received permission to take correspondence art courses to complete the requirements for his bachelor’s degree in Electrical Engineering.
Mr.Premji is married to Yasmeen, the couple have two children, Rishad and Tariq. Rishad is married to Aditi.
Mr.Premji is known for his modesty and frugality in spite of his wealth. He drives a Toyota Corolla and flies economy class, prefers to stay in company guest houses rather than luxury hotels and even served food on paper plates at a lunch honouring his son's wedding.

Larry Page:-

Larry Page Biography (Lawrence E. Page): Google Cofounder
Famous for : Starting the popular Google search engine with Sergey Brin Page details : Born - March 26, 1973 Michigan - USA Lives - America
Larry Page and his business partner Sergey Brin changed the way most people use the Internet. The pair started the Google search engine while working on their Ph.D.s in Computer Science at the Stanford University, USA. They initially had no plans to start a business, but were simply doing research for their Ph.D. Google quickly went from a research project of two Stanford students to being one of the most visited websites on the Internet.
Lawrence E. Page was born on the 26th of March, 1973 in Michigan, USA. Page always had a keen interest in computers while growing up and was encouraged by his father, Dr. Carl Victor Page ; a computer science professor of Michigan State University.
Larry Page graduated from the East Lansing High School and went on to earn a bachelor of science degree in engineering, with a focus on computer engineering at the University of Michigan. It was while studying his Ph.D. at the Stanford University that he met Sergey Brin.
The Beginnings of Google Page and Brin began work on a project called "The Anatomy of a Large-scale Hypertextual Web Search Engine" or simply, The Anatomy of a Search Engine. Their challenge was to crawl the web efficiently and provide more relevant results than the search engines that were available at that time. The dramatic growth of the web presented problems in crawling the web, keeping the crawled information up to date, storing the indices efficiently, and handling many queries quickly. The Google project relied on the PageRank technology that the pair developed.

http://www.woopidoo.com

Henry Ford :-

Henry Ford Biography : Ford Motor Company Founder
Famous for : Maker of the Model T Ford car, Businessman and American Philanthropist
Ford details : Born - July 30, 1863 United States Died - April 7, 1947
Henry Ford was an inventor, philanthropist and successful American businessman. Ford was the founder of the still popular Ford Motor Company which had its first success with the Model T Ford car that was released in 1908. Henry Ford revolutionized the way cars were designed and built, introducing assembly line factories for producing mass amounts of vehicles that led to lower prices for consumers and an explosion in car ownership throughout the United States.
Henry Ford was born on July 30, 1863 in Dearborn, Michigan, United States, in what was then known as Springwells Township. Ford's parents were Irish immigrants and the family lived on a farm, with Henry Ford being the eldest of six children. The family had a comfortable upbringing on the farm with a decent income, but even as a young person, Ford believed there was too much work and not enough income living from the land.
"It was life on the farm that drove me into devising ways and means to better transportation. I was born on July 30, 1863, on a farm at Dearborn, Michigan, and my earliest recollection is that, considering the results, there was too much work on the place." --Henry Ford
Ford began his career as an apprentice machinist in 1879, then returned to his family farm in 1882 before starting work with the Westinghouse company to service their steam engines. Ford then went to work at the Edison Illuminating Company where he became chief engineer in 1893.
Henry Ford had always enjoyed mechanical things and was always trying to improve or create more useful machinery. In 1893 he created his first gasoline driven buggy or Quadricycle that was completely self propelled. He then started the Detroit Automobile Company with several other investors to improve on his design, but the company went bankrupt soon after. Ford then started the Henry Ford Company, which he also left, before eventually starting the Ford Motor Company in 1903.
The Ford Motor Company released the successful Model T car in 1908. Generally cars were built one at a time and were only accessible to the very wealthy, but Ford continued to improve the way the cars were manufactured. In 1913 the cars were being mass produced by one of the first moving assembly lines. In 1918, half of the total amount of cars in the United States were Model T's, 15 million cars were sold, and production of the Model T was finally stopped in 1927.
Ford also had interests in politics but was never successful as a politician, and unsuccessfully ran for Senate as a Democrat. He also had strong views on labor and how the workforce should be treated. He paid his workers more money for less working days and made the 5 day 40 hour working week a normal part of working life.
Henry Ford created the Ford Foundation in 1936 to promote human welfare through research grants, educational grants and development.
In 1947, at the age 83 Henry Ford died of a cerebral hemorrhage and was buried in the Ford Cemetery in Detroit.

Thursday, September 25, 2008

Sam Walton:-

Sam Walton Biography (Samuel Moore Walton) : Wal-Mart founder and American businessman

Famous for : Being the founder of the American discount department stores Wal-Mart and the membership warehouses Sam's Club. The Walton family remains one of the wealthiest families in the world.

Walton details : Born - 29th of March, 1918 Kingfisher, Oklahoma, USA / Died 5th of April, 1992
Sam Walton was the founder of Sam's Club and Wal-Mart, one of the world's largest general retail chain stores. By 2001, Wal-Mart had over 4500 stores worldwide.

Sam Walton was born on March 29, 1918 in Kingfisher, Oklahoma to Thomas Gibson Walton, a farmer, and Nancy Lee Walton. In 1923, Walton's father determined that their farm did not provide enough income on which to raise a family and decided to move the family to Missouri to become a mortgage banker, his previous profession. The Walton family moved from town to town with Walton's father, but young Sam Walton still remained focused on his studies and sports.

While attending the 8th grade, Sam Walton became the youngest Eagle Scout in Missouri history and he excelled at basketball and football during his high school years. Walton's life was not easy, though, and his academics were met with equal challenges at home. Growing up during the Great Depression meant that his family was always looking for ways to save money and Walton's parents required him to tend to matters at home as much as those at school. Part of his daily routine involved milking cows and delivering milk, along with newspapers, to people in the neighborhood.

After graduating high school, Walton pursued a higher education at the Univeristy of Missouri-Columbia in hopes of finding a career that would help support his family. During his time at the university, Walton was an officer with the ROTC unit, worked odd jobs to help feed and support himself, and joined various prestigious fraternities such as Zeta Phi, Beta Theta Pi, and Alpha Kappa Psi. He graduated with a degree in economics and was known as an honorable, scholarly student.

With his degree, Sam Walton joined the management team of JCPenny in Des Moines, Iowa, only three days after graduation. Having served with the ROTC in college, Walton anticipated military service when World War II began in 1942. Walton resigned his position and worked at the DuPont munitions plant awaiting his call to duty. It was in this plant that he met Helen Robson, his future wife. They met in April of 1942 and married in February of 1943. Shortly thereafter, Walton left with the military to serve with the Intelligence Corps where he eventually became a captain.

Walton left the military in 1945 and decided he wanted to open his own department stores. Instead of starting with ones that would compete with his former employer, Walton chose to focus on variety stores. His father-in-law loaned him the initial $20,000 to help him start his first store, a Ben Franklin franchise variety store, in Arkansas.

Sam Walton wanted to focus on providing a wide range of goods at discounted prices to the consumer and keep his stores open longer than his competitors, even during the Christmas season. His lower-priced strategies allowed him to drive up sales and negotiate lower prices on purchases with his wholesalers. A combination of his location and price strategies made him a top seller in the chain in the six-state region of the franchise market.

Higher rent and unfair lease negotiations eventually forced Sam Walton to open his own store in Bentonville, Arkansas called "Walton's Five and Dime" and sell off his inventory and franchise location to the location's owner, instead. In Bentonville, Walton continued to provide low prices and long hours while subsequently participating in community activities such as the Rotary Club and Chamber of Commerce. He continued to open new stores and offered the managers to become involved in the business from an investment perspective. By 1962 Walton and his brother Bud owned a total of sixteen stores in Kansas, Missouri, and Arkansas, most of which still functioned under the brand of Ben Franklin.

Walton is best known for starting the chain "Wal-Mart" which first opened in 1962 in Bentonville, Arkansas. He transferred his philosophies from his Ben Franklin stores to his own brand stores in the process and worked hard to help bring a large variety of products and low prices to his consumers throughout his career. Walton remained dedicated to keeping Wal-Mart involved in local activities by allowing charities to hold bake sales on his property as well as providing scholarships to high school graduates from local schools.

As a result of his accomplishments, Sam Walton eventually received the Presidential Medal of Freedom from George H. W. Bush in 1992. Walton also reached the ranks of the richest man in the U.S. From 1985 until 1988. Walton passed away on April 6, 1992 and left his business to his wife and children who became the primary shareholders of the company.

Ratan Tata:-

Ratan Tata Biography : Tata Group Chairman
Famous for : Being a wealthy billionaire Indian businessman and chairman of the Tata Group, one of the largest conglomerate companies in India.
Tata details : Born - 28th of December, 1937 Mumbai, India / Lives India
Ratan Tata became the Chairman of the Tata Group in 1981 after serving as Chairman in charge of the Nelco division of the group. Tata is India's largest conglomerate and includes the brands Tata Motors, Tata Steel, Tata Power, Indian Hotels, as well as other brands labeled under the Tata name.
Ratan Tata was born on December 28, 1937 in Mumbai, India in one of the richest families in the country. His great grandfather, Jamsedji Tata, was the founder of the Tata group and passed the power and inheritance down to his family. Ratan Tata grew up in a broken household, however, after his parents split in the mid-1940s and he and his brother were raised by their grandmother, Lady Navajbai.
Tata was a good student and studied hard at the Campion School in Mumbai followed by studies in architecture and structural engineering at Cornell University. He graduated with his bachelors degree in 1962 and joined the Tata Group in December of that same year. Tata's first job with the Group involved working with the Tata Steel division where he worked with the blue-collar employees shoveling stone and working with the furnaces.
Although this original job was physically difficult, it helped Ratan Tata gain a better understanding and appreciation for the business and he gradually began taking on more responsibility. In 1971, Tata became Director-in-Charge of the National Radio & Electronics Company Limited (Nelco) in order to help its struggling finances. Ratan Tata helped build a better consumer electronics division but the economic recession and union strikes prevented his vision from taking hold.
Tata was eventually moved to Empress Mills in 1977, a struggling textile mill within the Tata Group. Ratan Tata renewed the vision for the mill but the larger Tata Group was not in agreement with his advice. Instead, the mill was shut down and liquidated in 1986, to Tata's disappointment, and he was moved to the Tata Industries, another holding company.
With Tata Industries, Ratan Tata was able to transform the management and vision of the division and bring in significantly larger dividends. This renewed financial success helped bring the Tata Group to the New York Stock Exchange and gave the company even more international power and prestige. Ratan Tata continued to acquire different industries for the Tata Group, eventually purchasing the steel an aluminum producer, Corus Group as well as Jaguar and Land Rover brands from the Ford Company.

Lakshmi Niwas Mittal:-

Lakshmi Mittal Biography (Lakshmi Narayan Mittal or Lakshmi Niwas Mittal) : Mittal Steel Company

Famous for : The controversial "Garbagegate" scandal in Britain and being the 3rd richest man in the world in 2005. Mittal paid $128 for his Kensington Palace Gardens residence in London (nicknamed the Taj Mittal), which was the most expensive home in the world at the time.

Mittal details : Born - 15th of June, 1950 Rajasthan, India / Lives - United Kingdom

Lakshmi Mittal heads the multi national steel company Mittal Steel that his father Mohan began. Mittal has grown the family business into one of the largest steel companies in the world, with steel making facilities in fourteen countries and employing more than 150,000 people. The Indian born, British based steel magnate was the third richest man in the world in 2005 according to the Forbes business magazine. Lakshmi Mittal saw his estimated wealth increase by $US18.8 billion in 12 months, due to surging steel prices and when he merged his Ispat International with Ohio-based International Steel Group. Mittal reportedly paid $US128 million for a twelve bedroom residence in Kensington Palace Gardens, London.

Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.- Lakshmi Mittal

http://www.woopidoo.com

Warren Edward Buffett:-

Warren Edward Buffett Biography : Famous American Investor - Stock Market Guru
Famous for : The successful Berkshire Hathaway Company, being one of the richest men in the world, and for being a generous philanthropist.
Buffet details : Born - August 30, 1930 Omaha, Nebraska, USA / Lives - United States of America - Omaha
Warren Buffett was born in Nebraska, Omaha USA on the 30th of August in 1930. He is one of the worlds richest men, with a fortune that is only surpassed by Bill Gates of Microsoft fame. He is considered one of the most successful investors of all time and has picked up the nickname of the "Oracle of Omaha".
Buffett was born to Leila and Howard Buffett and was the second of three children, he being the only boy. Buffett's father, Howard was a stockbroker and also became a member of congress. Warren Buffett showed early signs of being entrepreneurial through being involved in various business dealings as a child, including purchasing bottles of cola cheaply and selling them for a profit. He also made his first investment in the stock market when he was just 11 years old.
Buffett began studying at the Wharton School of Finance at the University of Pennsylvania, but transferred to the University of Nebraska where he graduated. He then went on to the Columbia University to do a Masters in economics. This was where he met the influential value investor Benjamin Graham.
The young investor was very influenced by Benjamin Graham and went to work for him in his company "Graham-Newman". It was here that Warren Buffett developed many of his stock market investing skills that have now become legendary. Graham developed a method where investors could work out the intrinsic value of a company and make intelligent investing decisions by comparing the stock price to the intrinsic value.

Bill Gates Biography :-


Bill Gates Biography (William Henry Gates III):Microsoft Founder
Famous for : Being the richest man in the world, a cofounder of the software company Microsoft, and for being one of the world's most generous philanthropists.
Gates details : Born - USA October 28, 1955 Lives - United States of America
Bill Gates is one of the most influential people in the world. He is cofounder of one of the most recognized brands in the computer industry with nearly every desk top computer using at least one software program from Microsoft. According to the Forbes magazine, Bill Gates is the richest man in the world and has held the number one position for many years.
Gates was born and grew up in Seattle, Washington USA. His father, William H. Gates II was a Seattle attorney and his mother, Mary Maxwell Gates was a school teacher and chairperson of the United Way charity. Gates and his two sisters had a comfortable upbringing, with Gates being able to attend the exclusive secondary "Lakeside School".
Bill Gates started studying at Harvard University in 1973 where he met up with Paul Allen. Gates and Allen worked on a version of the programming language BASIC, that was the basis for the MITS Altair (the first microcomputer available). He did not go on to graduate from Harvard University as he left in his junior year to start what was to become the largest computer software company in the world; Microsoft Corporation.

Richard Branson:-


Richard Branson Biography (Sir Richard Charles Nicholas Branson) : British Entrepreneur
Famous for : Founding the famous Virgin brand, attracting media attention with his marketing tactics, and for his balloon adventures.
Branson details : Born - July 18, 1950 Britain / Lives - United Kingdom
Richard Branson is a flamboyant British entrepreneur with a seemingly insatiable appetite for starting new businesses. His internationally recognized brand "Virgin" is splashed across everything from credit cards, to airlines and music "megastores". Branson is continuously seeking new business opportunities and loves a good challenge, especially when he enters a market that is dominated by a few major players.

Richard Branson was born on July 18, 1950. His entrepreneurial ways began early when he was publishing a student magazine at just 16 years. Branson did not go on to graduate school but in 1970 the now famous Virgin brand had its beginnings in the form of a discount records mail order venture that he and his friend Nik Powell worked on.

Richard Branson Adventures:-

Branson is passionate about life and living every minute to its fullest. Since 1985 he has been getting his adrenaline rushes through world record breaking attempts by boat and hot air balloon. Several distance and speed records have been attempted and achieved, but his attempt to be the first person to circumnavigate the world in a hot air balloon was never achieved. Branson makes each record attempt a media event with his Virgin logo prominently displayed during every launch, which has been an excellent source of free advertising and brand placement for the Virgin Group.

"Sometimes I do wake up in the mornings and feel like I've just had the most incredible dream. I've just dreamt my life." - Richard Branson

http://www.woopidoo.com