Wednesday, January 28, 2009

Dr. Anji Reddy K of Reddy labs

Dr. Reddy’s Laboratories Ltd. (Reddy's), founded in 1984 by Dr. K. Anji Reddy, has become India’s biggest pharmaceuticals company. Reddy had worked in the publicly-owned Indian Drugs and Pharmaceuticals Ltd. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas. The company more than 190 medications ready for patients to take, 60 active pharmaceutical ingredients, for drug manufacture, diagnostic kits, critical care and biotechnology products.

Reddy’s began as a supplier to Indian drug manufacturers, but it soon started exporting to other less-regulated markets – that had the advantage of not spend time and money on a manufacturing plant that that would gain approval from a drug licensing body such as the US’s Food and Drug Administration. Much of Reddy’s early success came in those unregulated markets, where process patents – not product patents – are recognized. With that money in the bank, the company could reverse engineer
patented drugs from more developed countries and sell them royalty-free in India and Russia.

By the early 1990s, the expanded scale and profitability from these unregulated markets enabled the company to begin focusing on getting approval from drug regulators for their formulations and bulk drug manufacturing plants in moredeveloped economies. This allowed their movement into regulated markets such as the US and Europe.


By 2007, Reddy’s had six FDA-plants producing active pharmaceutical ingredients in India and seven FDA-inspected and ISO 9001 (quality) and [[International Organization for Standardization|ISO 14001 (environmental management) certified plants making patient-ready medications – five of them in India and two in the UK.


Revenue $1.5 Billion (MAY2007)

Net income $216 Million (MAY2007)

Employees 7,525

Wednesday, January 21, 2009

Anil Ambani

Anil Ambani (born June 4, 1959) is an Indian businessman. As of March 2007, he has a net-worth of US$ 18.2 billion, making him the 18th 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.

Ambani is 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 with Tina Ambani(Munim) who was a well known Indian Actress in early 80's, and blessed with two sons: Jai Anmol and Jai Anshul.

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.

Ambani holds a Bachelor of Science degree from the University of Bombay 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.

Ambani joined Reliance 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 by Behen Maywati) 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 books of Trillionares.

His biggest prize from the filmdom though is considered to be his friendship with Amitabh Bacchan, yesteryear superstar. His another achievement is considered to be the takeover of Adlabs, the movie production to distribution to multiplex company that owns Mumbai's only dome theatre.

He drives a Range Rover and is known to be a fast car person.

Compiled by Raj, Ramesh & Ravi.

Tuesday, January 20, 2009

Amartya Sen

Economist

Amartya Kumar Sen, son of Amita Sen and Ashutosh Sen, was born on 3rd November 1933 at Shantiniketan, West Bengal. He received his initial education at Shantiniketan and then Presidency College, Calcutta. He was exposed early on to the plight of the poor. As a 10-year old child, during the Bengal famine, he was shocked to see people dying of hunger on the streets of Calcutta yards away from shops stocked with food. Three years later in Dhaka a Muslim labourer was killed in communal riots outside his house. The traumatic incidents directed Sen to a relentless study of the economic mechanism underlying famines and poverty.


Amartya Sen joined Trinity College, Cambridge in 1953. He became the youngest chairman of the Department of Economics, Jadavpur University, at the age of 23. Between 1956-1998 he was Professor of Economics at various Universities in India and abroad.


Sen's contributions on welfare economics and definition of poverty in relation to development have offered a new philosophy and an alternative way to solid economic development. He was of the opinion that the World Bank system of ranking countries according to the GNP and saving rates was not enough and he helped to create the United Nations Human Development Index which has now become the most authoritative international source of welfare comparisons between countries. Some of his works include ' Choice of Techniques', ' Collective Choice and Social Welfare', 'Poverty and Famines', ' Development as Freedom' etc.


Sen is the sixth Indian to get the Nobel and the first Asian winner of the Economics Prize. Some of the honours to his credit are 'Indira Gandhi Gold Medal Award' of the Asiatic Society (1994), 'Nobel prize for Economics' (1998) for his work on ' The poorest people in Society', 'Eisenhower Medal' from USA (2000), 'Honorary Companion of Honour' from UK (2000). He also received 'Bharat Ratna', the highest civilian award in India. He has been honored with Honorary D.Litt degrees and fellowships of a large number of Indian and Foreign Universities and Institutes of
repute. Now living in Cambride, Massachusetts with his third wife, an economic historian Emma Rothschild, this genius has spent a lifetime fighting poverty with analysis rather than activism.

Compiled by Raj, Ramesh & Ravi.

Monday, January 19, 2009

Amar Bose

Born: 1929
Achievements: Founded Bose Corporation in 1929; Invented the 901(R) Direct/Reflecting(R) speaker system - one of the first stereo loudspeakers to utilize the space around them instead of reproducing sound as if in a vacuum; featured in 2006 Forbes Billionaires list.

Amar Bose is the founder of Bose Corporation and is known for his pioneering work in the field of acoustics. Bose speakers are world-famous for giving high-end performance despite their modest size.

Amar Gopal Bose was born in 1929 in Philadelphia, Pennsylvania. His father Nani Gopal Bose was a revolutionary freedom fighter who emigrated from Calcutta to escape British prosecution. Amar Bose was interested in electronics right from his childhood and used to make small electrical toys to supplement his family's income.

He did his schooling Abington Senior High School and graduated with a BS in Electrical Engineering from MIT in the early 1950s. He also completed his Ph.D. from MIT.

While doing graduation from MIT in 1950s, Amar Bose purchased a new stereo system. But he was disappointed with the performance of the speakers. Despite their impressive technical specifications, the speakers failed to reproduce the realism of a live performance. This led Bose to start working on stereo speaker. He aimed to design a speaker that would emulate the concert hall experience in the home. Amar Bose's early patents won him great respect within the industry. But Bose needed capital to do further research and begin production. Amar Bose received financial support from MIT professor Y. W. Lee and in 1964 he founded Bose Corporation.

In 1968, Amar Bose invented the 901(R) Direct/Reflecting(R) speaker system. They were one of the first stereo loudspeakers to utilize the space around them instead of reproducing sound as if in a vacuum. Bose's 901(R) speakers remained an industry benchmark for 25 years. Amar Bose also captured the car stereo market, with systems that transformed the on-the-road listening experience.

Today, Amar Bose has over two-dozen patents to his name. His products can be found in Olympics stadiums, the Sistine Chapel, NASA Space Shuttle, and the Japanese National Theatre. Amar Bose was also a professor of electrical engineering at MIT for many years until he retired in 2000.

Amar Bose featured on the 2006 Forbes Billionaires list with a personal wealth of $1.2 billion.

Compiled by Raj, Ramesh & Ravi.

Friday, January 16, 2009

Aditya Birla

The Aditya Birla Group is a multinational corporation based in India and operations in 20 countries including Thailand, Laos, Indonesia, Philippines, Egypt, Canada, Australia, China, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Malaysia and Korea.

A US$ 24 billion conglomerate, with a market capitalisation of US$ 23 billion. Over 50 per cent of its revenues flow from its operations across the world Aditya Birla is organised into various subsidiaries that operate across different sectors. Among these are viscose staple fibre, non-ferrous metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals, fertilizers, sponge iron, insulators, financial services, telecom, BPO and IT services.


Aditya Birla Group holds a 98.3% stake in IDEA cellular, a leading telecom operator in India. The Aditya Birla group operates in the textiles industry of India. Its subsidiary, Indian Rayon, is a major producer of textile fabric as well as the brand licensee of Louis Phillip, Van Heusen and Allen Solly in India Hindalco Industries Ltd of the Aditya Birla group has agreed to buy US-based aluminum sheet maker Novelis Inc in an all-cash deal worth $6 billion (around Rs 26,500 crore)
.

The Birla family is one of the foremost business houses in India. Their businesses vary from petrochemicals and textiles to automobiles and Infocomm. The founder of the Birla Group was Baldeo Das Birla, a member of the successful Marwari community from the westerly state of Rajasthan. He moved to Calcutta to set up the family business during the late nineteenth century, and with it established close ties to the freedom movement of the time. The Birla's are known for their work and support of the nation during the freedom struggle, and the family were close friends of Mahatma Gandhi.


Even today, the Birla name is considered synonymous with wealth, dignity and power in India.


Compiled by Raj, Ramesh & Ravi.

Saturday, January 10, 2009

Adi Godrej

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 vegetablebased 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.


Compiled by Raj, Ramesh & Ravi.

Friday, January 9, 2009

Dr.A.P.J. Abdul Kalam

From Compilation by Raj, Ramesh & Ravi

Dr. Avul Pakir Jainulabhudin Adbul Kalam, the twelfth President of India, is rightfully termed as the father of India's missile technology. He was born to parents Jainulabdeen Marakayar and Ashiamma on 15th October, 1931, at Dhanushkodi in Rameshwaram district, Tamil Nadu. Dr. Kalam as an eminent Aeronautical Engineer, contributed for the development of India’s first Satellite launch vehicle SLV-3 and the missiles like the Trishul, Agni, Pritvi etc.

He did his secondary education at Schwartz High School in Ramanathapuram, B.Sc. at St. Joseph's College(1950), Tiruchi, and DMIT in Aeronautical Engineering at the MIT, Madras during 1954-57. After passing out as a graduate aeronautical engineer, Kalam joined Hindustan
Aeronautics Limited (HAL), Bangalore as a trainee and later joined as a technical assistant in the Directorate of Technical Development and Production of the Ministry of Defence.

In the 1960's Kalam joined the Vikram Sarabhai Space Centre at Thumba in Kerala. He played a major role in the centre's evolution to a key hub of space research in India, helping to develop the country's first indigenous satellite-launch vehicle.

During 1963-82, he served the ISRO in various capacities. In 1982, he rejoined DRDO as Director, and conceived the Integrated Guided Missile Development Programme (IGMDP) for five indigenous missiles. Dr. A.P.J. Abdul Kalam has established an Advanced Technology Research Centre, called 'Research Centre Imarat' to undertake development in futuristic missile technology areas. He also served as the Principal Scientific Adviser to the Defence minister and later the Government of India. After retiring from the post Dr. Kalam joined Annamalai University till he became the President in January 2002.

He is a member of Indian National Academy of Sciences, Astronautical Society of India and many other professional bodies. Dr. APJ abdul Kalam has been awarded Padma Bhushan in 1981, Padma Vibhushan in 1990 and India's Highest civilian Award 'The Bharat Ratna' in 1997. Other prestigious awards include Dr.Biren Roy Space Award, Om Prakash Basin Award for Science and Technology, National Nehru Award, Arya Bhatta Award etc. Dr. Kalam was conferred with the degree of Doctor of Science (D.Sc. Honoris-causa) by twenty eight universities.

Dr. Kalam, a bachelor is a connoisseur of classical Carnatic music. He plays veena in his leisure. He writes poetry in Tamil, his mother tongue. Seventeen of his poems were translated into English and published in 1994 as a book entitled 'My Journey'. He reads the Quran and the Bhagavad Gita with equal devotion.

He is also the Author of the books 'India 2020 : A vision for the New Millennium'(1998 with YS Rajan), 'Wings of Fire : an Autobiography' and 'Ignited Minds – unleashing the power within India'. Totally dedicated to the nation, Dr. Abdul Kalam's vision is to transform India into a developed nation by the year 2020 through hard work and perseverance. He holds a first world dream for the third world nation.