List of Indian entrepreneurs From Wikipedia, the free encyclopedia Jump to: navigation, search This is an incomplete list of Indian entrepreneurs and businesspeople. • ramoji , founder of Eenadu group/Ramoji Group. • A. M. Murugappa Chettiar , founder of the Murugappa Group • Anant Koppar , founder, and former president, of Kshema Technologies • Brijmohan Lall Munjal (1923- ), founder of The Hero Group, which owns Hero Motors • (1933–2002), founder of • Ghanshyam Das Birla (1894–1983), prominent member of the Birla family • G. Kuppuswamy Naidu , founder of Lakshmi Mills • Capt. G. R. Gopinath , founder of Air Deccan, vice-chairman of Red • Jamsetji Tata (1839–1904), pioneering Indian industrialist, founder of the of companies • J. C. Mahindra , co-founder of the Mahindra Group • Karsanbhai Patel (1945- ), founder of the Nirma Group • Kasturbhai Lalbhai (1894–1980), textile baron, founder of Arvind Mills • K. C. Mahindra , co-founder of the Mahindra Group • Kiran Mazumdar-Shaw (1953- ), founder of , the first biotechnology company in • N. R. Narayana Murthy (1946- ), co-founder of Technologies • Raj Anand (1982-), founder of the Kwiqq and winner of Business Week Europe's Young Entrepreneur 2007 • Ramji Raghavan (1958- ), Social Entrepreneur, founder of Agastya International Foundation • Sabeer Bhatia (1968- ), co-founder of Hotmail • (1942- ), inventor, entrepreneur, policymaker • Shruti Kohli (1982- ), Founder/Editor, MoneyQuin(an online finance magazine focused on women & kids) • (1950- ), chairman of the , launched Zee TV, the first channel • Suhas Gopinath (1986- ), notable for founding Globals Inc., an Information Technology (IT) company, at age 14 • (1957- ), chairman and managing director of Bharti Enterprises • Venkat Rangan , Founder of Yodlee.com and Vice Chancellor of Amrita University • T. V. Sundaram Iyengar (1877–1955), founder of the TVS Group • (1955- ), chairman of the and , member of the upper house of the Indian Parliament, and owner of several sports franchises and teams { Royal Challengers} • Vishal Gondal (b. 1976), founder of Indiagames • Aditya Jha , Canadian entrepreneur, philanthropist and philosopher; Active in Canadian public affairs • Purnima Varadrajan , founder and CEO of iPOTT group of companies. Google for general search iPOTT for software search. • Ujwal Makhija , founder and CEO of Phonon, an Indian pioneer in hosted telephony services such as click-to-call. • P. Ponnudurai , Managing Director of Lion Dates Imnex Private Ltd, market leader in packaged Dates(dry fruit). • Shruti Kohli • Sumit Gupta , founder BitRhymes. Dhirubhai Ambani From Wikipedia, the free encyclopedia

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Dhirubhai Ambani

28 December 1932(1932-12-28) Born Chorwad, British Raj (now , India)

6 July 2002(2002-07-06) (aged 69) Died , , India Nationali Indian ty

Occupati Business Magnate; Chairman of on Reliance Industries

Net US$6.10 billion worth

Religion Hinduism

Spouse Kokilaben Ambani

Mukesh Ambani Children

Dhirajlal Hirachand Ambani, (Gujarati: ધીરભાઈ અંબાણી) also known as Dhirubhai, (28 December 1932 – 6 July 2002) was an Indian rags-to-riches business tycoon who founded Reliance Industries in Mumbai with his cousin. Ambani took his company (Reliance) public in 1977, and by 2007 the combined fortune of the family (sons Anil and Mukesh) was 60 billion dollars, making the Ambani's the second richest family in the world, next to the Walton family. Dhirubhai has been one among the select Forbes billionaires and has also figured in the Sunday Times list of top 50 businessmen in Asia.[1] Dhirubhai started off as a small time worker with Arab merchants in the 1950s and moved to Mumbai in 1958 to start his own business in spices. After making modest profits, he moved into textiles and opened his mill near Ahmedabad. Dhirubhai founded Reliance Industries in 1958. After that it was a saga of expansions and successes. Reliance's story as a company has been a 'bitter-sweet' saga in India. While on one hand it remains one of the biggest Indian conglomerates,on the other hand it is well known as a company which evades taxes and is nontransparent.[2] It has presence in various sectors like petrochemicals, textiles and is involved in the production of crude oil and gas, polyester and polymer products. The company's refinery at Jamnagar accounts for over 25% of India's total refining capacity and their plant at Hazira is the biggest chemical complex in India. The company has further diversified into Telecom, Insurance and Internet Businesses, Power Sector and so on. The Reliance group with over 85,000 employees provides almost 5% of the Central Government's total revenue. In 1986 after a heart attack he handed over his empire to his two sons Anil and Mukesh. His sons have helped Reliance to grow in a more globalized world after economic liberalisation in India, which occurred in 1991. ==Early life He was born in a Gujarati family of modest means. Hirachand Gordhandhas Ambani was a village school teacher with little income. Hirachand and Jamanaben had two daughters - Trilochanaben and Jasuben and three sons - Ramnikbhai, Dhirubhai and Natubhai. Dhirubhai was the second son.[1] Dhirubhai was precocious and highly intelligent. He was also highly impatient of the oppressive grinding mill of the school classroom. He chose work which used his physical ability to the maximum rather than cramming school lessons. When Jamnaben once asked Dhirubhai and Ramnikbhai to help his father by earning money, he angrily replied, "Why do you keep screaming for money? I will make heaps of money one day". On weekends, he began setting up onion/potato fries stall at village fairs and made extra money which he gave to his mother.

Contents [hide] • 1 Life in Aden • 2 Majin Commercial Corporation • 3 Reliance Textiles • 4 Initial public offering • 5 Dhirubhai's control over stock exchange • 6 Diversification • 7 Criticism ○ 7.1 Tussle with Nusli Wadia ○ 7.2 Articles • 8 Death • 9 Reliance after Dhirubhai • 10 In popular media • 11 Awards and recognitions • 12 Reference and notes • 13 External links

[edit] Life in Aden

[edit] Majin Commercial Corporation Ten years later, Dhirubhai Ambani returned to India and started "Majin" in partnership with Champaklal Damani, his second cousin, who used to be with him in Aden, Yemen. Majin was to import polyester yarn and export spices to Yemen.[3] The first office of the Reliance Commercial Corporation was set up at the Narsinatha Street in Masjid Bunder. It was 350 sq ft (33 m2). room with a telephone, one table and three chairs. Initially, they had two assistants to help them with their business. During this period, Dhirubhai and his family used to stay in a one bedroom apartment at the Jaihind Estate in Bhuleshwar, Mumbai. In 1965, Champaklal Damani and Dhirubhai Ambani ended their partnership and Dhirubhai started on his own. It is believed that both had different temperaments and a different take on how to conduct business. While Mr. Damani was a cautious trader and did not believe in building yarn inventories, Dhirubhai was a known risk taker and he believed in building inventories, anticipating a price rise, and making profits.[4] In 1968, he moved to an upmarket apartment at Altamount Road in South Mumbai. Ambani's net worth was estimated at about Rs.10 lakh by late 1970s A former secretary reveals: "He was very helpful. He followed an 'open-door' policy. Employees could walk into his cabin and discuss their problems with him." The chairman had a special way of dealing with different groups of people, be they employees, shareholders, journalists or government officials. Ambani's competitors allege that he bought off officials and had legislation re-written to suit him. They recall his earlier days and how he picked up the art of profiteering from the then-Byzantine system of controls of Indian officialdom. He exported spices, often at a loss, and used replenishment licenses to import rayon. Later, when rayon started to be manufactured in India, he exported rayon, again at a loss, and imported nylon. Ambani was always a step ahead of the competitors. With the imported items being heavily in demand, his profit margins were rarely under 300 percent. He was a genius." [edit] Reliance Textiles Sensing a good opportunity in the textile business, Dhirubhai started his first textile mill at Naroda, in Ahmedabad in the year 1966. Textiles were manufactured using polyester fibre yarn. [5] Dhirubhai started the brand "Vimal", which was named after his elder brother Ramaniklal Ambani's son, Vimal Ambani. Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles. In the year 1975, a Technical team from the World Bank visited the Reliance Textiles' Manufacturing unit. This unit has the rare distinction of being certified as "excellent even by developed country standards" during that period.[6] [edit] Initial public offering Dhirubhai Ambani is awarded with starting the equity cult in India. More than 58,000 investors from various parts of India subscribed to Reliance's IPO in 1977. Dhiru bhai was able to convince large number of small investors from rural Gujarat that being shareholders of his company would be profitable. Reliance Industries was the first private sector company whose Annual General Meetings were held in stadiums. In 1986, The Annual General Meeting of Reliance Industries number of first- time retail investors to invest in Reliance. Ambani's net worth was estimated at about Rs.1 billion by early 1980s. The IPO was raised with the help of a Billionaire Investment Banker Yaggi-Bhai Kesarwani. He helped Reliance issue various Debentures worth 3-4 million US$ in later years also. He was the financial wizard of Reliance Corporation[citation needed]. [edit] Dhirubhai's control over stock exchange In 1982, Reliance Industries came up against a rights issue regarding partly convertible debentures.[7] It was rumored that company was making all efforts to ensure that their stock prices did not slide an inch. Sensing an opportunity, a bear cartel which was a group of stock brokers from Calcutta started to short sell the shares of Reliance. To counter this, a group of stock brokers till recently referred to as "Friends of Reliance" started to buy the short sold shares of Reliance Industries on the . The Bear Cartel was acting on the belief that the Bulls would be short of cash to complete the transactions and would be ready for settlement under the "Badla" trading system operative in the Bombay Stock Exchange. The bulls kept on buying and a price of Rs. 152 per share was maintained till the day of settlement. On the day of settlement, the Bear Cartel was taken aback when the Bulls demanded a physical delivery of shares. To complete the transaction, the much needed cash was provided to the stock brokers who had bought shares of Reliance, by none other than Dhirubhai Ambani. In the case of non-settlement, the Bulls demanded an "Unbadla" (a penalty sum) of Rs. 35 per share. With this, the demand increased and the shares of Reliance shot above 180 rupees in minutes. The settlement caused an enormous uproar in the market. To find a solution to this situation, the Bombay Stock Exchange was closed for three business days. Authorities from the Bombay Stock Exchange (BSE) intervened in the matter and brought down the "Unbadla" rate to Rs. 2 with a stipulation that the Bear Cartel had to deliver the shares within the next few days. The Bear Cartel bought shares of Reliance from the market at higher price levels and it was also learnt that Dhirubhai Ambani himself supplied those shares to the Bear Cartel and earned a healthy profit out of The Bear Cartel's adventure.[8] After this incident, many questions were raised by his detractors and the press. Not many people were able to understand as to how a yarn trader till a few years ago was able to get in such a huge amount of cash flow during a crisis period. The answer to this was provided by the then finance minister, Pranab Mukherjee in the parliament. He informed the house that a Non-Resident Indian had invested up to Rs. 22 Crore in Reliance during 1982-83. These investments were routed through many companies like Crocodile, Lota and Fiasco. These companies were primarily registered in Isle of Man. The interesting factor was that all the promoters or owners of these companies had a common surname Shah. An investigation by the Reserve in the incident did not find any unethical or illegal acts or transactions committed by Reliance or its promoters.[9] [edit] Diversification In 1982 Ambani began the process of backward integration, setting up a plant to manufacture polyester filament yarn. He subsequently diversified into chemicals, petrochemicals, plastics, power. The company as a whole was described by the BBC as "a business empire with an estimated annual turnover of $12bn, and an 85,000-strong workforce". The final phase of Reliance’s diversification occurred in the 1990s when the company turned aggressively towards petrochemicals and telecommunications. [edit] Criticism He was accused of acting unethically, having manipulated government policies to suit his own needs, and has been known to be a king-maker in government elections.[10] Although most media sources tend to speak out about business-politics nexus, the Ambani house has always enjoyed more protection and shelter from the media storms that sweep across the country.

[edit] Tussle with Nusli Wadia Nusli Wadia of Bombay Dyeing was, at one point in time, the biggest competitor of Dhirubhai and Reliance Industries. Both Nusli Wadia and Dhirubhai were known for their influence in the political circles and their ability to get the most difficult licenses approved during the times of pre-liberalized economy. During the rule between 1977–1979, Nusli Wadia obtained the license to build a 60,000 tonnes per annum Di-methyl featherlight (DMT) plant. Before the Letter of Intent was converted into a laziness, many hurdles came in the way. Finally, in 1981, Nusli Wadia was granted the license for plant. This incident acted as a catalyst between the two parties and the competition took an ugly turn.

[edit] The Indian Express Articles At one point in time, Ramnath Goenka was a friend of Dhirubhai Ambani. Ramnath Goenka was also considered to be close to Nusli Wadia. On many occasions, Ramnath Goenka tried to intervene between the two warring factions and bring an end to the enmity. [edit] Death

Final Journey: Dhirubhai Ambani's funeral saw thousands of people attending. and Anil Ambani can be seen carrying their father's body as per Hindu traditions

Dhirubhai Ambani was admitted to the Breach Candy Hospital in Mumbai on June 24, 2002 after he suffered a major stroke. This was his second stroke, the first one had occurred in February 1986 and had kept his right hand paralyzed. He was in a state of coma for more than a week. A battery of doctors were unable to save his life. He died on July 6, 2002, at around 11:50 P.M. (Indian Standard Time). His funeral procession was not only attended by business people, politicians and celebrities but also by thousands of ordinary people. His elder son, Mukesh Ambani, performed the last rites as per Hindu traditions. He was cremated at the Chandanwadi Crematorium in Mumbai at around 4:30 PM (Indian Standard Time) on July 7, 2002. He is survived by Kokilaben Ambani, his wife, two sons, Mukesh Ambani and Anil Ambani, and two daughters, Nina Kothari and Deepti Salgaonkar. Dhirubhai Ambani started his long journey in Mumbai from the Mulji-Jetha Textile Market, where he started as a small-trader. As a mark of respect to this great businessman, The Mumbai Textile Merchants' decided to keep the market closed on July 8, 2002. At the time of Dhirubhai's death, Reliance Group had a gross turnover of Rs. 75,000 Crore or USD $ 15 Billion. In 1976-77, the Reliance group had an annual turnover of Rs 70 crore and it is to be remembered that Dhirubhai had started the business with just Rs.15,000 (US$350) The country has lost iconic proof of what an ordinary Indian fired by the spirit of enterprise and driven by determination can achieve in his own lifetime.[11] – Atal Bihari Vajpayee, Former Prime Minister of India The nation had lost one of the doyens of the modern Indian corporate community, a philanthropist and above all a great human being endowed with great compassion and concern for the underprivileged sections of the society... This new star, which rose on the horizon of the Indian industry three decades ago, remained on the top till the end by virtue of his ability to dream big and translate it into reality through the strength of his tenacity and perseverance he really a great person the most precious thing is he started his business with 15,000 and change it at death time in 70 crores. I think he is the idol person of many people if not then read the biography of Dhiru bhai ambani carefully and make yourself a confidential person like Dhiru Bhai Amabani. I join the people of Maharashtra in paying my tribute to the memory of Ambani and convey my heartfelt condolences to the bereaved family.[12] – P C Alexander, Governor of Maharastra s [edit] Reliance after Dhirubhai In November 2004, Mukesh Ambani in an interview, admitted to having differences with his brother Anil over 'ownership issues.' He also said that the differences "are in the private domain." He was of the opinion that this will not have any bearing on the functioning of the company saying Reliance is one of the strongest professionally-managed companies. Considering the importance of Reliance Industries to the Indian economy, this issue got an extensive coverage in the media.[13] Kundapur Vaman Kamath, the Managing Director of ICICI Bank [14] was seen in media, a close friend of the Ambani family who helped to settle the issue. The brothers had entrusted their mother, Kokilaben Ambani, to resolve the issue. On June 18, 2005, Kokilaben Ambani announced the settlement through a press release. With the blessings of Srinathji, I have today amicably resolved the issues between my two sons, Mukesh and Anil, keeping in mind the proud legacy of my husband, Dhirubhai Ambani.

I am confident that both Mukesh and Anil, will resolutely uphold the values of their father and work towards protecting and enhancing value for over three million shareholders of the Reliance Group, which has been the foundational principle on which my husband built India's largest private sector enterprise.

Mukesh will have the responsibility for Reliance Industries and IPCL while Anil will have responsibility for Reliance Infocomm, Reliance Energy and Reliance Capital.

My husband's foresight and vision and the values he stood for combined with my blessings will guide them to scale new heights.[15] – Kokilaben Ambani The Reliance empire was split between the Ambani brothers, Mukesh Ambani getting RIL and IPCL & his younger sibling Anil Ambani heading Reliance Capital, Reliance Energy and Reliance Infocomm. The entity headed by Mukesh Ambani is referred to as the Reliance Industries Limited whereas Anil's Group has been renamed Reliance Anil Dhirubhai Ambani Group (Reliance ADA Group). Reliance Institute of Life Sciences, a Dhirubhai Ambani Foundation Initiative, was established to promote higher education in various fields of life sciences and related technologies. [edit] In popular media In 1998, a book published by Hamish McDonald titled "The Polyester Prince" is also an unauthorised biography of Dhirubhai Ambani, outlining all his political and business conquests. HarperCollins didnt sell the book in India, because the Dirubhai threatened legal action.[16] As of 2010, Amazon.com listed the price book at >$900. A said to be inspired by the life of Dhirubhai Ambani was released on 12 January 2007. The Hindi Film Guru, directed by ace filmmaker Mani Ratnam, cinematography by Rajiv Menon and music by A.R.Rahman shows the struggle of a man striving to make his mark in the Indian business world with a fictional Shakti Group of Industries. The film stars Abhishek Bachchan, Mithun Chakraborty, Aishwarya Rai, R. Madhavan and Vidya Balan. In the film, Abhishek Bachchan plays Guru Kant Desai, a character implicitly based on Dhirubhai Ambani. The character is known in the film as "GURUBHAI", similar to the real-life "DHIRUBHAI." Mithun Chakraborty portrays Manikda who bears an uncanny resemblance to the real life Ramanath Goenka and Madhvan portrays S. Gurumurthy, who gained national fame twenty years ago, spearheading virulent attacks against the Reliance group in one of India's bloodiest corporate wars ever. In 2010, an updated version of the book went on sale in India, called Ambani and Sons, there has been no legal action against the publisher so far.[16] [edit] Awards and recognitions • November 2000 – Conferred 'Man of the Century' award by Chemtech Foundation and Chemical Engineering World in recognition of his outstanding contribution to the growth and development of the chemical industry in India • 2000, 1998 and 1996 – Featured among 'Power 50 - the most powerful people in Asia by Asiaweek magazine. • June 1998 - Dean's Medal by The Wharton School, University of Pennsylvania, for setting an outstanding example of leadership. Dhirubhai Ambani has the rare distinction of being the first Indian to get Wharton School Dean's Medal [17] • August 2001 – Economic Times Awards for Corporate Excellence for Lifetime Achievement • Dhirubhai Ambani was named the Man of 20th Century by the Federation of Indian Chambers of Commerce and Industry (FICCI). • A poll conducted by in 2000 voted Him "Greatest Creator of Wealth In The Centuries". He is the true son of India' [edit] Reference and notes 1. ^ a b Dhirubhai Ambani on 4to40.com 2. ^ 24 Sep, 2010, 10.21AM IST, John Samuel Raja D,ET Bureau (2010-09-24). "RIL puts out annual reports of 82 of 96 subsidiaries, still not unravelled many layers - ". Economictimes.indiatimes.com. http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-- gas/RIL-puts-out-annual-reports-of-82-of-96-subsidiaries-still-not-unravelled- many-layers/articleshow/6617094.cms. Retrieved 2010-12-31. 3. ^ http://www.nytimes.com/2008/06/15/business/worldbusiness/15ambani.html? _r=1&pagewanted=2 4. ^ "The two faces of Dhirubhai Ambani by Paranjoy Guha Thakurta". India- seminar.com. http://www.india-seminar.com/2003/521/521%20paranjoy %20guha%20thakurta.htm#top. Retrieved 2010-12-31. 5. ^ "Indian Legends, Dhirubhai Ambani. Accessed Oct, 28. 2006". Muraleedharan.tripod.com. http://muraleedharan.tripod.com/legends_dhirubhaiambani.html. Retrieved 2010-12-31. 6. ^ A Short Biography of Dhirubhai Ambani on Ltd. (PDF File) [1] 7. ^ "The two faces of Dhirubhai Ambani by Paranjoy Guha Thakurta". India- seminar.com. http://www.india-seminar.com/2003/521/521%20paranjoy %20guha%20thakurta.htm. Retrieved 2010-12-31. 8. ^ The Great Indian Scam, Story of Missing Rs. 4000 Crore by S.K. Barua and J.S. Verma (ISBN 81-70941288) P 16 & 17 9. ^ "rediff.com: For this fighter, life was a big battle". In.rediff.com. http://in.rediff.com/money/2002/jul/08amb4.htm. Retrieved 2010-12-31. 10. ^ McDonald, Hamish (2002-07-15). "Remembering the Prince of Polyester". Time.com. http://www.time.com/time/asia/magazine/article/0,13673,501020722- 320795,00.html. Retrieved 2010-12-31. 11. ^ "UK". BBC News. 2002-07-07. http://news.bbc.co.uk/1/hi/business/2109740.stm. Retrieved 2010-12-31. 12. ^ "Politicians, celebrities pay homage to Ambani - Rediff News". Rediff.com. 2002-07-07. http://www.rediff.com/money/2002/jul/07amb9.htm. Retrieved 2010-12-31. 13. ^ "Mukesh Ambani admits to differences with Anil". In.rediff.com. 2004-11- 18. http://in.rediff.com/money/2004/nov/18ril.htm. Retrieved 2010-12-31. 14. ^ "Key Players in Reliance Drama: K.V.Kamath". Specials.rediff.com. http://specials.rediff.com/money/2005/jun/21sld3.htm. Retrieved 2010-12- 31. 15. ^ "Ambanis resolve ownership battle - Rediff News". Rediff.com. http://www.rediff.com/money/2005/jun/18ril15.htm. Retrieved 2010-12-31. 16.^ a b "‘Times Have Changed’". Businessworld.in. 2010-09-25. http://www.businessworld.in/bw/2010_09_25_Times_Have_Changed.html. Retrieved 2010-12-31. 17. ^ Dhirubhai Ambani becomes first Indian to get Wharton School Dean's Medal [www.rediff.com Rediff on the net] [2]- Accessed: Jan 21, 2007 [edit] External links • Founder Chairman, Reliance • Dhirubhai Ambani Institute of Information and Communication Technology • "Remembering the Prince of Polyester," Time Magazine, 15 July 2002 • Dhirubhai Ambani in Memoriam, Rediff.com • Dhirubhai Ambani from peopleforever.org • Dhirubhai Ambani from dhirubhai.net • "The Polyester Prince: Hamish McDonald • Dhirubhai Ambani addressing at the ChemTech Foundation - PharmaBiz.com - Thursday, January 23, 2003 • Dhirubhai gave management a whole new 'ism' A.G. Krishnamurthy on Rediff.com • Great lessons from Dhrirubhai Ambani A.G. Krishnamurthy on Rediff.com • Mukesh Ambani Son of Late Sh. Dhirubhai Ambani P e r s o n d a t a

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Dhirubhai Ambani The Wealth Creator of India (Presentation by http://techite.com) [hide]v · d · e Reliance Group

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N. R. Narayana Murthy

August 20, 1946 (1946-08-20) Born (age 64) Mysore, , India

Occupation Chairman of Infosys Technologies Salary $50,000 USD (Infosys)

Net worth $1.6 billion (2010)[1]

Spouse Sudha Murthy

Children 2[2]

Nagavara Ramarao Narayana Murthy (Kannada: ನಗವರ ರಮರಯ ನರಯಣ ಮೂತರ) better known as N. R. Narayana Murthy, is an Indian businessman, software engineer and the founder of Infosys Technologies, a 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. His estimated net worth is $1.6 billion as of 2010. In 2009, his lectures delivered around the world have been published as a book A Better India: A Better World [1].

Contents [hide] • 1 Early life • 2 Personal life • 3 Corporate profile • 4 Accolades • 5 Quotes • 6 Awards and honors • 7 Books by Narayana Murthy • 8 References • 9 External links

[edit] Early life Born into a Kannada Madhwa 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 [3] 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 in Pune who at the time was an engineer working at Tata Engineering and Locomotive Co. Ltd. (Telco, now known as ) in Pune. In 1981, with an investment of Rs.10,000 ($250 at the time) from his wife, he founded Infosys with six other software professionals. He served as the 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 chief Jerry Rao. [edit] Personal life His wife, Sudha Murthy née Kulkarni, is an Indian social worker and accomplished author. She is known for her philanthropic work through the Infosys Foundation. Her sister, Jayashree Despande is wife of enterpreneur and founder of US-based Sycamore Networks, Gururaj Deshpande. They have two children - Rohan and Akshata. Rohan is engaged to Venu Srinivasan's (of TVS motors) daughter Lakshmi Venu. Akshata Murthy is married to Rishi Sunak. [edit] Corporate profile Murthy founded Infosys in 1981 in Pune with an initial captial of US $250, most of which was borrowed from his wife Sudha Murty. At its inception, he invited six other engineers to join the company. Murthy served as the founder CEO of Infosys for 21 years, and was succeeded by co- founder in March 2002. At Infosys he articulated, designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. He also lead the company through several key decisions including its listing on the Indian stock exchange and the listing on NASDAQ,. He serves on the boards of various companies and universities across the world. 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 , as the co-chairman of the 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 giant Unilever. He is an IT advisor to several Asian countries. He is also an Independent Director on the board of HSBC. He also serves on the boards of the Ford Foundation and UN Foundation. 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 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 Wharton School of the University of Pennsylvania, 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 [2], Asian Institute of Technology (AIT) located in Bangkok, Thailand. He is the chairman of the [3], 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 , Indian School of Business - Hyderabad, Cornell committee on academic affairs and committee on alumni affairs and development, Yale University and the University of Tokyo’s President's Council. Murthy retired from his executive position at Infosys on 20 August 2006. However, he continues as the Non-Executive Chairman of the board.[4] Murthy started a new venture capital fund called Catamaran Venture Fund with the money he got by selling 800,000 Infosys shares worth 174 Crores. Sudha Murthy does it again by helping him in setting up his VC Fund by giving him Rs.430 crores which she got by selling quarter of her stake 1.6% in Infosys. [edit] Accolades 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 Légion d'honneur, the highest civilan award awarded by France. In 2000, he was awarded the Padma Shri, a civilian award by the .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. He was awarded the Dean's medal by the Wharton School in 2001. 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 [4]. 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 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 recently awarded the Commander of the British Order (CBE) by the British government. He was awarded the IEEE Ernst Weber Engineering Leadership Recognition in 2007,[5] and he received the IEEE Honorary Membership in 2010.[6] Also in 2010, in what is considered to the be the highest professional distinction for an engineer, the United States National Academy of Engineering (NAE) elected Murthy as a "foreign associate" member.[7] Murthy also holds over 26 honorary doctorates from universities across the world. [edit] Quotes • “Our assets walk out of the door each evening. We have to make sure that they come back the next morning.” [5] • “Performance leads to recognition. Recognition brings respect. Respect enhances power. Humility and grace in one's moments of power enhances dignity of an organisation,” [6] • “The real power of money is the power to give it away.” [7] • “In God we trust, everybody else bring data to the table.” s [8] • “Progress is often equal to the difference between mind and mindset.” [9] • “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.” [10] • “A clear conscience is the softest pillow in the world." [11] • “When in doubt, disclose." [edit] Awards and honors • Padma Vibhushan (2008) - Government of India • Officer of the Legion of Honor (2008) - Government of France[8] • IEEE Ernst Weber Engineering Leadership Recognition (2007) - Institute of Electrical and Electronics Engineers [5] • World Entrepreneur of the Year (2003) - Ernst and Young • Nikkei Asia Prize (2001) - Nikkei Inc. • Wharton Dean's Medal (2001) - Wharton School, University of Pennsylvania • Max Schmidheiny Liberty Prize (2001) • Padma Shri (2000) - Government of India • Order of the British Empire (CBE) - Government of United Kingdom.[9] [edit] Books by Narayana Murthy • A Better India, A Better World, Penguin Books, 2009, ISBN 978-06-7008-283-4 [edit] References 1. ^ Forbes. http://www.forbes.com/profile/nr-narayana-murthy. 2. ^ India Today 2005 Power List 3. ^ 485 Interview with N.R. Narayana Murthy 4. ^ Non-Executive Chairman - MSN Report 5. ^ a b "IEEE Ernst Weber Engineering Leadership Recognition Recipients". IEEE. http://www.ieee.org/documents/weber_rl.pdf. Retrieved November 20, 2010 (2010-11-20). 6. ^ "IEEE Honorary Membership Recipients". IEEE. http://www.ieee.org/documents/hon_mem_rl.pdf. Retrieved December 20, 2010 (2010-12-20). 7. ^ "NAE Members Directory - Mr. N. R. Narayana Murthy". NAE. http://www.nae.edu/MembersSection/Directory20412/31146.aspx. Retrieved January 15, 2011 (2011-01-15). 8. ^ "Naryanamurthy receive highest civilian honour of France". The Times of India. http://publication.samachar.com/pub_article.php? id=1169187&navname=General %20&moreurl=http://publication.samachar.com/timesofindia/general/india.ph p&homeurl=http://www.samachar.com. Retrieved 2008-01-26. 9. ^ "British Honorary Awards". http://collections.europarchive.org/tna/20080205132101/www.fco.gov.uk/ser vlet/Front %3Fpagename=OpenMarket/Xcelerate/ShowPage&c=Page&cid=1166536150 628. ○ JRD Corporate Leadership Award (1996) - All India Management Association (AIMA) [edit] External links • Narayan Murthy's speech at NYC • Profile on Infosys.com • Profile on Karnataka.com • Interviewed by Gartner Fellow • Narayana Murthy bids adieu to Infosys • The Legacy of Infosys Narayana Murthy P e r s o n d a t a

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Vijay Mallya

ವಜಯ ಮಲಯ

Born 18 December 1955 (1955-12-18) (age 55) Bantwal, Karnataka, India

Alma mater St. Xavier's College, Calcutta [2]

Chairman of: United Breweries Group, Kingfisher Airlines, Occupation F1 Team, Royal Challengers Bangalore, East Bengal FC,[1] URBB

Net worth $1 billion (2010)[2]

Religion Hinduism

Samira Spouse Rekha (1993–present)[3]

Children 3[3]

Vijay Mallya

Member of the

In office 2000 - 2006, 2010 - present

Constituency Karnataka

Political party Independent

As of 15 July 2010 Source: http://rajyasabha.nic.in/

Vijay Mallya (Kannada: ) (born 18 December 1955) is an Indian liquor baron and ವಜಯ ಮಲಯ Rajya Sabha MP. The son of industrialist , he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws its name from United Breweries Group's flagship brand, Kingfisher. He also owns the team Force India, the team Bangalore Royal Challengers, and the I-League team East Bengal FC and Mohun Bagan AC [3] According to Forbes.com, as of March 2010, Mallya, is worth US $1 billion.[4] He is ranked 937 in The Forbes World Billionaires Ranking (2010). He receives substantial press coverage that focuses on his lavish parties, villas, automobiles, Force India, Royal Challengers Bangalore and his yacht, the Indian Empress.

Contents [hide] • 1 Personal life • 2 Business ○ 2.1 Breweries ○ 2.2 Airlines ○ 2.3 Media • 3 Investment in sports ○ 3.1 Formula One ○ 3.2 Football ○ 3.3 Cricket • 4 Political career • 5 Auction purchases • 6 Other businesses • 7 References • 8 External links

[edit] Personal life Mallya was born into a Konkani Gowda Saraswat Brahmin family originally from the town of Bantwal, near , in Karnataka. He is the son of Vittal Mallya and Lalitha Ramesh. He was educated at La Martiniere College for Boys, ,[5] and completed his degree at St. Xavier's College, Calcutta [edit] Business

[edit] Breweries Mallya took over as Chairman of United Breweries Group in 1984 from his father Vittal Mallya. Since then, the group has grown into a multi-national of over sixty companies, with an annual turnover which increased by 63.9% over 15 years to US$11.2 billion in 1998- 1999 . The focal business areas of the group encompass alcoholic beverages, life sciences, engineering, agriculture, chemicals, information technology, aviation and leisure. In May 2007, United Breweries Group announced the all-cash acquisition of scotch maker Whyte & Mackay for £595 million (approximately Rs 6000 crore).[6] In 2005 he took over Millennium Breweries Ltd (formerly known as Inertia Industries Ltd), which owned the two premium beer brands named Sandpiper and Zingaro.

[edit] Airlines In 2006, Mallya established Kingfisher Airlines.[7] At present, the airline connects 32 cities. Kingfisher Airlines obtained a 26% stake in Air Deccan, a low cost Indian airline which Mallya later acquired fully and rebranded as Kingfishers Red. Vijay Mallya and his Jet Airways counterpart Naresh Goyal announced an alliance after a marathon meeting on 13 October 2008 at Mumbai, India.

[edit] Media Mallya owns the MarinScope Newspapers which serve Marin County, California where he maintains a home and stores a portion of his car collection.[8] [edit] Investment in sports

[edit] Formula One Main article: Force India

Vitantonio Liuzzi driving for Mallya's Formula One team, Force India, at the 2009 Japanese Grand Prix.

In 2007, Mallya and the Mol family from The Netherlands bought the team for 88 million euros.[9] The team changed its name to Force India F1 from the 2008 Season.[10] Team's car VJM-01 was named after its owners Vijay Mallya, Jan Mol and . Mallya also represents India in the FIA World Motor Sport Council, where he has a seat from 2009 to 2013.[11]

[edit] Football Mallya's United Breweries sponsors the East Bengal and Mohun Bagan football clubs in Kolkata where Mallya spent his childhood.[12] He also was part of the consortium that acquired Queens Park Rangers FC, as part of the Bernie Ecclestone, Flavio Briatore and Lakshmi Mittal.[13] Vijay Mallya has recently indicated its intention to buy AS Bari, a football team which plays in the Italian Serie A.

[edit] Cricket Main article: Royal Challengers Bangalore

Mallya's flagship firm UB Group owns the Royal Challengers Bangalore team in the Indian Premier League. He won the team in an auction paying US $111.6 million for it. [edit] Political career Mallya entered politics in 2000 and replaced as the president of the Janata Party, . His party contested almost all of the 224 seats during the Karnataka State legislative election. He campaigned vigorously through the media, but his party failed to make any impact and did not win a single seat. Following the party's failure in the elections, it has been largely ignored by the media,[14] although Mallya recently became an MP independently. [edit] Auction purchases Vijay Mallya is noted for his successful bidding in auction of items that are considered of great historical value to India.[citation needed] In 2004, he placed the winning bid of £175,000 for the sword of at an auction in London, and brought it back to India.[15] In March 2009, Mallya successfully bid for the belongings of Mahatma Gandhi at US$1.8 million, in a New York auction that initially caused an uproar in India and its government tried and failed to prevent it from going under the hammer.[16][17][18] [edit] Other businesses • Establishment of Mallya Hospital in Bangalore. The hospital is located on Vittal Mallya Road, named after his father. • Helped to fund the Mallya Aditi International School, a private school in Bangalore.