Unstoppable Indians

Unstoppable Indians

Indians have been unstoppable in which ever field they may be in. One of the best civilizations flourished here in the ancient times. Many tried to slave this land but none were successful no one was able to withstand the strong determined people which latter will be called INDIANS; a republic democratic country which earned its status with a war unique in it own kind, the war which had freedom fighters like Shaheed Bhagat Singh, Shaheed Udham Singh, Subhase Chandra Bose and MAHATMA GHANDHI all in one battle. India is the only country which has shown Unity in diversity and surpassed all the social evils that try to break it.

Recent Years have seen; what can be called the golden period of the Indians. They have been creating news; whether it be


oInternational Politics

oBusiness

oScience

oSports

oEntertainment

oExploration

oConstruction

oIT Sector


Walk Down the memory lane – Making India significant

Significance of India cannot be ignored since time immemorial. Before presenting Unstoppable Indians let us first glance at those Indians who made India Significant in global terms

–Aryabhatta

Aryabhatta is the father of the Hindu-Arabic number system which has become universal today. The number place-value system, first seen in the 3rd century Bakhshali Manuscript was clearly in place in his work.

Àryabhata is the first known astronomer to have initiated a continuous counting of solar days, designating each day with a number.

–Mahatma Gandhi

He was a figure so great with a strongest weapon non-violence which mankind has ever seen. He fought for equality of race in Africa with this weapon and immensely contributed to the Independence of India. He proved that everything has a limit of saturations except human will and the only limit one can define for human will is the human itself.

–M other Teresa

The nun who came to India but was so moved by the poverty and food forbidden population prevailing at that time that she vowed to dedicate her life in this place improving the life of others and her this mission saw a global applause as she made her mission global and not only confined to the West Bengal or India. Even the catholic head Pope John Paul acknowledged her contributions to the mankind.

–Jamshedji Nusserwanji Tata

He was a pioneer in the field of modern industry, born in Navsari, Gujarat. He founded what would later become the Tata Group of companies. Jamshedji Tata is regarded as the “father of Indian industry“. Jamshedji worked in his father’s firm till the age of 29. In 1868, he started a trading company with a seed capital of Rs. 21,000. In 1869, acquired a bankrupt oil mill, converted it into a cotton mill, He sold the mill two years later for a healthy profit. Thereafter he set up a cotton mill in Nagpur in 1874. He christened it Empress Mill on 1 January 1877 when Queen Victoria was proclaimed empress of India. Over the next thirty years till his death in 1904, Jamshedji laid the foundations for the Tata Group as we know it today.

Among his notable ventures that did bear fruition during his lifetime was the historical Taj Mahal Hotel in Colaba district in Mumbai. The hotel was completed for a princely sum of Rs. 4,21,00,000 on 16 December 1903.

TheIndians have made developments in almost all areas known to mankind so as it specify them as a individual is not possible and hence are discussed below in their respective categories.

INTERNATIONAL POLITICS

India has been a keen part of international politics but the only difference between the old times and the new ones is that earlier it use to be the dummy or the impact bearer for other nations and now it is the role player and character provider for others. Like in the earlier times it was a shuttle tunnel for secret agents of various nations to venture into other nations. India was a beggar for loans to world bank.

In todays scenario India is against proliferation and opposes any wrong doing around the world. India has its say in matters of international concern.

*Indo-US Nuclear Deal

Nuclear agreement between India and the United States will be seen as one of those decisive moments in international politics when two powers who have been courting each other for some time decide finally to cross the point of no return. The U.S. and India have `come out’, so to speak, and the world will never be the same again.

New Delhi: “Welcomed the successful completion of discussions on Indo US Nuclear Deal and looked forward to the full implementation of the commitments. In 2002 we heard both Indian and American officials talk of “strategic partnership”. A recent Pentagon report describes India as a “key strategic partner”.

Nuclear Deal agreement is a win-win situation from the Indian point of view. India will be able to build more nuclear power plants. At present it has 15 functional plants with an additional 7 under construction. India stuck to it guns during the course of tough negotiations during the finalization of the nuclear deal. It did not agree to open all its nuclear facilities to international inspection. Instead, it ingeniously divided its facilities into “civilian” and “military” ones and agreed to open only the civilian to international inspection.

After this deal, India is no longer a non-aligned power. It will no longer champion for Third World countries. The Indian elite has clearly decided to throw its lot with the Americans. New India wants to emerge as a global power and enjoy the fruits that go with that status.

The legislation amendments in Section 123 of the Atomic Energy Act of 1954 of U.S allows it to make a one-time exception for India to keep its nuclear weapons without signing the Nuclear Non-Proliferation Treaty (NPT).

A similar deal was denied to Pakistan. Washington says India as observed is a responsible Nuclear nation. Amendment made in 54 year old law especially for India shows India’s importance in the International Senario. India is one of the major global powers and other countries have accepted it in time.

*India in United Nations

The India’s position in the United Nations is one of the strongest; India has been asking for permanent position in the United Nations security council and has got the favour of prominent nations and that time isn’t far when India will be one.

BUSINESS & ECONOMY

Indian economy has grown strongly since 1999 we have seen more and more Indians are entering the billionaires area. Forbes list has more than four Indians in it. Pick up any prominent company and you will be easily able to draw the Indian link.

*Laxmi Mittal

Lakshmi Narayan Mittal or Lakshmi Niwas Mittal born in June 15, 1950 is a London-based Indian billionaire industrialist, born in Sadulpur village, in the Churu/ district of Rajasthan, India, and resides in Kensington, London. He is the richest man in Europe and the fourth richest person in the world, with a personal fortune of US$45.0 billion.

Lakshmi Mittal began his career working in the family’s steelmaking business in India, and in 1976, when the family founded its own steel business, Mittal set out to establish its international division, beginning with the buying of a run-down plant in Indonesia. Shortly afterwards he married Usha, the daughter of a well-to-do moneylender. In 1994, due to differences with his father and brothers, he branched out on his own, taking over the international operations of the Mittal steel business

Since 2005, Mittal has been the richest person residing in the United Kingdom. He is the President of the Board of Directors and CEO of ArcelorMittal; ArcelorMittal is the world’s largest producer of steel, with assets in France, Belgium, Romania, Bosnia-Herzegovina, South Africa, Poland, Czech Republic, Indonesia, Kazakhstan, Canada, Bulgaria, United States, Trinidad,Brazil and Mexico.

In March 2008, Mittal was reported to be the 4th wealthiest person in the world by Forbes Magazine up from 61st richest in 2004.

His residence at 18-19 Kensington Palace Gardens was bought from Formula One boss Bernie Ecclestone in 2004 for $128 million (£57 million), making it the world’s most expensive house.

Mittal has two children. His son, Aditya Mittal, is the CFO of Arcelor Mittal. Mittal paid over $60 million (£30 million) to host his daughter Vanisha Mittal’s wedding celebration in Vaux le Vicomte on 22 June 2004 and an engagement ceremony at the Palace of Versailles on 20 June 2004, the world’s most expensive wedding ever.

As of 2008 April 1, Mittal family owns 43.04% of Arcelor Mittal, worth $50.42 billion.

The modern steel man has proven that it does not take centuries to create a company empire to live in and earn from. Laxmi Mittal has seen it all started from a poor family to 4th richest man in the world. He has turned heads all the way. The latest was when he ventured to buy the Acelor Steel Company and was even able to convince the parliament on his take over. Making him the Worlds steel gaint.


*Ratan Tata – Tata Group of Companies

Ratan Naval Tata (born December 28, 1937, in Mumbai) is the present Chairman of the Tata Group, India‘s largest conglomerate founded by Jamsedji Tata and consolidated and expanded by later generations of his family.

The Tata Group comprises 98 operating companies in seven business sectors: information systems and communications; engineering; materials; services; energy; consumer products; and chemicals. The Group was founded by Jamsetji Tata in the mid 19th century, a period when India had just set out on the road to gaining independence from British rule. Consequently, Jamsetji Tata and those who followed him aligned business opportunities with the objective of nation building. This approach remains enshrined in the Group’s ethos to this day.

The Tata Group is one of India’s largest and most respected business conglomerates, with revenues in 2006-07 of $28.8 billion (Rs129,994 crore), the equivalent of about 3.2 per cent of the country’s GDP, and a market capitalisation of $64.26 billion as on April 24, 2008. Tata companies together employ some 289,500 people.

Given below is a list of the various companies that have been merged with or have been acquired by Tata Group companies

Tata company

Acquired company

Country

Stake acquired

Value

2000

February

Tata Tea & Tata Sons

Tetley Group

UK

100 per cent (wholly-owned)

GBP271 million

2001

November

Tata Sons (TCS)

Computer Maintenance Corporation (CMC)

India

2002

February

Tata Sons

Tata Communications
(formerly VSNL)

India

September

Indian Hotels

Regent Hotel (renamed Taj Lands End)

India

Effective 100 per cent stake

Rs450 crore

December

Tata Teleservices

Hughes Telecom (India)

India

50.83 per cent

Rs858.83 crore

2003

July

Tata Communications

Gemplex

US

2004

January

TCS

Airline Financial Support Services India (AFS)

India

March

Tata Motors

Daewoo Commercial Vehicle Company

Korea

100 per cent (wholly-owned)

KRW120 billion (USD102 million / Rs465 crore)

March

Tata Communications

Dishnet DSL’s ISP division

India

March

TCS

Aviation Software Development Consultancy India (ASDC)

India

June

Tata Chemicals

Hind Lever Chemicals

India

Amalgamation

July

TCS

Phoenix Global Solutions

India

November

Tata Communications

Tyco Global Network

US

2005

February

Tata Steel

NatSteel Asia Pte Ltd

Singapore

100 per cent (wholly-owned)

S$468.10 million

February

Tata Motors

Hispano Carrocera

Spain

21 per cent

Euro12 million (Rs70 crore)

March

Tata Chemicals

Indo Maroc Phosphore S.A. (IMACID)

Morocco

Equal partner

USD38 million (Rs166 crore)

April

Tata Motors

Tata Finance

India

Merger

July

Indian Hotels

The Pierre

US

USD9 million

Lease of the property

July

Tata Industries

Indigene Pharmaceuticals Inc

US

< 30 per cent

Not disclosed

July

Tata Communications

Teleglobe International

US

August

Tata Tech

INCAT International

UK

August

Trent

Landmark Ltd

India

76 per cent

USD24.09 million (Rs103.60 crore)

September

TACO

Wündsch Weidinger

Germany

Euro 7 million

September

Tata Communications

Tata Power Broadband

India

October

Tata Tea through Tata Tea (GB)

Good Earth Corporation & FMali Herb Inc

US

100 per cent (wholly- owned)

USD31 million

October

TCS

Financial Network Services

Australia

October

TCS

Pearl Group

UK

Structured deal

November

TCS

Comicrom

Chile

December

Indian Hotels

Starwood Group (W Hotel)

Sydney

100 per cent (wholly- owned)

USD29 million

December

Tata Chemicals

Brunner Mond

UK

63.5 per cent (December 2005)

Rs508 crore (December 2005)

36.5 per cent (March 2006)

Rs290 crore (March 2006)

2006

January

Tata Metaliks

Usha Ispat, Redi Unit

India

100 per cent (wholly- owned)

Rs115 crore

January

Tata Interactive

Tertia Edusoft Gmbh

Germany

90 per cent

Not disclosed

Tertia Edusoft AG

Switzerland

90.38 per cent

February

TCS

Tata Infotech

India

April

Tata Steel

Millenium Steel

Thailand

67.11 per cent

USD167 million (Baht6.5 billion)

May

Tata Tea through Tata Tea (GB)

JEMCA

Czech Republic

Assets: intangible and tangible

GBP11.60 million

June

Tata Coffee

Eight ‘O Clock Coffee Company

US

100 per cent (wholly-owned)

USD220 million (Rs1015 crore)

September

Tata Tea through Tata Tea (GB)

Joekels Tea Packers

South Africa

33.3 per cent

GBP0.91 million

2007

January

Tata Steel

Corus

UK

100 per cent

March

Tata Steel

Rawmet Industries

India

Rs101 crore

April

Indian Hotels

Campton Place Hotel

US

$58 million

April

Tata Power

Acquired Coastal Gujarat Power

India

April

Tata Tea through Tetley Group

Vitax and Flosana trademarks

Poland

April

Tata Communications through Neotel

Transtel Telecoms (TT)

South Africa

$33 million
(approximately)

June

Tata Power

PT Kaltim Prima Coal and PT Arutmin Indonesia

Indonesia

30 per cent equity stake

October

TRF

York Transport Equipment (Asia)

Singapore

51 per cent stake

2008

January

Tata Chemicals

General Chemical Industrial Products

US

100 per cent stake

January

Tata Projects

Artson Engineering

India

March

Tata Motors

Jaguar and Land Rover brands

UK

$2.3 bn (approximately)

March

Telco Construction Equipment Company (Telcon)

Serviplem SA

Spain

79 per cent

March

Telco Construction Equipment Company (Telcon)

Comoplesa Lebrero SA

Spain

60 per cent

Tatas have surely buzzed the international market with all these take overs and getting listed in the NASDAQ index


*Aditya Birla Group of Companies

A US $24 billion corporation with a market cap of US $31.5 billion and in the league of Fortune 500, the Aditya Birla Group is anchored by an extraordinary force of 100,000 employees, belonging to 25 different nationalities. In India, the Group has been adjudged “The Best Employer in India and among the top 20 in Asia” by the Hewitt-Economic Times and Wall Street Journal Study 2007. Over 50 per cent of its revenues flow from its overseas operations.

The Group operates in 20 countries: India, Thailand, Laos, Indonesia, Philippines, Egypt, China, Canada, Australia, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Malaysia and Korea.

Globally the Aditya Birla Group is:

::

A metals powerhouse, among the world’s most cost-efficient aluminium and copper producers. Hindalco-Novelis from its fold, is a Fortune 500 company. It is the largest aluminium rolling company. It is one of the three biggest producers of primary aluminium in Asia, with the largest single location copper smelter.

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No.1 in viscose staple fibre

::

The fourth largest producer of insulators

::

The fourth largest producer of carbon black

::

The 11th largest cement producer globally

::

Among the world’s top 15 BPO companies and among India’s top three

::

Among the best energy efficient fertiliser plants

In India:

::

A premier branded garments player

::

The second largest player in viscose filament yarn

::

The second largest in the chlor-alkali sector

::

Among the top five mobile telephony companies

::

A leading player in life insurance and asset management

::

Among the top three supermarket chains in the retail business


Rock solid in fundamentals, the Aditya Birla Group nurtures a culture where success does not come in the way of the need to keep learning afresh, to keep experimenting.


*Reliance Industries Ltd.

Reliance is the first and only private sector Company from India to feature in the 2004 Fortune Global 500 list of the World’s Largest Corporations.

The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India’s largest private sector enterprise, with businesses in the energy and materials value chain. Group’s annual revenues are in excess of US$ 27 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India.

Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration – in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production – to be fully integrated along the materials and energy value chain.

The Group’s activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles and retail.

Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.

The Group exports products in excess of US$ 15 billion to more than 100 countries in the world. Major Group Companies are Reliance Industries Limited (including main subsidiaries Reliance Petroleum Limited and Reliance Retail Limited) and Reliance Industrial Infrastructure Limited

Major Milestones

2007

RIL completes a landmark acquisition of IPCL.

Reliance Retail entered the organised retail market in India with the launch of its convenience store format under the brand name of ‘Reliance Fresh’.

The world’s largest polyester expansion project commissioned during the year. We brought a Polyester capacity of 550 KTA on stream at globally competitive costs in a record time of eighteen months. With this expansion, our polyester capacity has been augmented to 2 million tonnes per year. Subsequently, Reliance now have 4% of global polyester capacity and 6% of global production.

During the year, we expanded our polypropylene (PP) capacity by 280 KTA at Jamnagar that increased the combined capacity to 1,710 KTA. With this expansion, we now have 3.5% of global PP capacity and 3.6% of global PP production.

2006

RIL commences the setting up of a new export-oriented refinery through its subsidiary, Reliance Petroleum Limited (RPL). The refinery will have a total atmospheric distillation capacity of approximately 580,000 barrels per stream day with a Nelson Complexity of 14.0 and an integrated polypropylene plant with a capacity of 0.9 Million TPA. The capital cost of the RPL project is estimated at Rs 27,000 crore (approximately US$ 6 billion). RPL completes its US$ 1.2 billion Initial Public Offering of equity shares which received an overwhelming response across different classes of investors.

Reliance’s debt ratings from S&P and Moody’s pierce India’s sovereign ratings.

Reliance becomes India’s first private sector enterprise to cross US$2 billion profit mark.

2005

The Mumbai High Court, shareholders and creditors approve demerger proposal

2004

Reliance Industries Limited (RIL) emerged as the ‘Petrochemicals Company of the Year’ at the prestigious sixth annual Platts Global Energy Awards ceremony in New York, USA

The Board of Directors of Reliance Industries Limited approved the buyback of its fully paid up equity shares of Rs.10 each, at a price not exceeding Rs 570 per share, payable in cash, up to an aggregate amount not exceeding Rs 2,999 crore. This amount represents the limit of 10% of the total paid up equity share capital and free reserves of the Company as on March 31, 2004.

The European Commission approved the acquisition of the German specialty polyester manufacturer ‘Trevira’ by Reliance.

Reliance Industries emerged as the first and only private sector company from India to feature in the 2004 Fortune Global 500 list of World’s Largest Corporations.

Reliance announced it had struck gas off the Orissa Coast in the Bay of Bengal.

RIL became the first private sector company in India to record a net profit of US dollar of over 1 billion.

Reliance Associate, Sunbright, signed a Memorandum of Understanding (MoU) with National Organic Chemicals Industries Limited (NOCIL) to take over its Petrochemicals and Plastics Products Divisions.

2003

Reliance announces Strategic Alliance with Bongaigaon Refinery & Petrochemicals Ltd. (BRPL) to restart PSF manufacturing at BRPL.

Reliance Infocomm acquires FLAG Telecom, a multinational telecom company providing bandwidth through its undersea cable network comprising of over 50,000 kms of undersea fiber optic cable that spans four continents and connects the key regions of Asia, Europe, Middle East and the USA.

State-of-the-art Research and Technology Centre is inaugurated at Reliance’s Patalganga complex to develop differentiated polyester products.

Reliance strikes oil in an onshore block in Yemen, where it has an equity oil position.

Reliance’s refinery at Jamnagar was ranked best in Shell Benchmarking for the third consecutive year in ‘Energy and Loss’ performance from amongst 50 refineries worldwide.

Reliance dedicates 23rd January as Shareholder’s Day on the occasion of 25 years of the company going public – A story of Relationship and Trust.

BSES, one of the premier utility companies of the country, engaged in the generation, transmission and distribution of electricity becomes part of the Reliance Group and Mr. Anil D Ambani is appointed its Chairman.

2002

Reliance Infocomm to launch various telecom services on 28th December – beginning with Gujarat, the Infocomm revolution will cover thousands of villages and hundreds of cities across the country. Reliance Infocomm will become a major catalyst for changing the face of India and improving the quality of life of Indians.

Reliance announced India’s biggest gas discovery in nearly three decades and one of the largest gas discoveries in the world during 2002. The in place volume of natural gas is in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude oil. This is the first ever discovery by an Indian private sector company.

Reliance acquired control of Indian Petrochemicals Corporation Limited (IPCL) – India’s second largest petrochemicals company.

Reliance signed MOU with DuPont Polyester Technologies to license the revolutionary resin technology NG-3 from DuPont. Reliance announced its plan for the expansion of PET capacity by 220,000 tonnes per year.

The merger of Reliance Petroleum Limited with Reliance Industries Limited was announced – largest ever merger in India – Reliance Industries became the largest private sector company in India on all major financial parameters including sales, profits, net worth, assets, and exports.

2001

Reliance Industries Ltd. and Reliance Petroleum Ltd. became India’s two largest companies in terms of all major financial parameters

Dhirubhai Ambani was conferred The Economic Times Award for Corporate Excellence for Lifetime Achievement

1999-2000

Jamnagar Petrochemicals complex and bulk of integrated refinery complex commissioned comprising:

World’s largest grassroots refinery

India’s largest port with capacity of 50 million tpa

World’s largest PX Plant of 1.4 million tpa

World’s largest PP plant of 0.6 million tpa

Captive power plant of over 300 MW

World-class product handling, storage, and despatch facilities

Reliance started commercial production of 27 million tpa refinery, the 5th largest in the world

1998

Dhirubhai Ambani was awarded the Dean’s Medal by the Wharton School, University of Pennsylvania, USA, for setting an outstanding example of leadership.

Reliance completed phase-II expansion of Hazira Petrochemicals Complex including world’s largest multifeed cracker, PET plant, MEG plant, PTA plant, PE plant

1996-1997

First corporate in Asia to issue 50 and 100 years bond in US debt market

Reliance became the first private sector company to be rated by international credit rating agencies. S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody’s rated Baa3, Investment grade, constrained by the Sovereign Ceilings.

1995

Net profit crossed the Rs 1,000 crore mark (Rs 1,065 crores or US$ 338 million), unparalleled in the Indian Private sector

1994

Reliance offered the second Euro issue of GDR

1993

Reliance Petroleum Limited public issue – India’s largest public offering.

Reliance pioneered the first ever Euro Convertible Bond issue by an Indian company.

1992

Reliance raised funds by pioneering foray into overseas capital markets with first ever international GDR offering by an Indian corporate.

Reliance commenced the production of High Density Polyethylene (HDPE) at Hazira.

1991

Reliance commissioned phase-I of Hazira Petrochemicals Complex – consolidated its position in polyesters and entered into attractive polymers business – started VCM and PVC plants.

1988

Reliance started the PX plant at Patalganga

1987

Reliance commenced the Linear Alkyl Benzene (LAB) plant at Patalganga

1986

Reliance started PTA plant at Patalganga.

Reliance commissioned Polyester Staple Fibre (PSF) plant at Patalganga.

1985

Reliance entered phase-II of the Polyester Filament Yarn (PFY) plant at Patalganga.

1982

Reliance launched phase-I of the Polyester Filament Yarn (PFY) plant at Patalganga.

1977

Reliance went public with IPO – Dhirubhai Ambani introduced equity cult in India, a new model of business leadership from a base of the broadest public shareholding.

*Infosys

Infosys Technologies Ltd. (NASDAQ: INFY) was started in 1981 by seven people with US$ 250. Today, we are a global leader in the “next generation” of IT and consulting with revenues of over US$ 3 billion.

Infosys defines, designs and delivers technology-enabled business solutions that help Global 2000 companies win in a Flat World. Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers.

Infosys’ service offerings span business and technology consulting, application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services and business process outsourcing.

Infosys pioneered the Global Delivery Model (GDM), which emerged as a disruptive force in the industry leading to the rise of offshore outsourcing. The GDM is based on the principle of taking work to the location where the best talent is available, where it makes the best economic sense, with the least amount of acceptable risk.

Infosys has a global footprint with offices in 23 countries and development centers in India, China, Australia, the UK, Canada and Japan. Infosys has over 80,500 employees covering 66 nationalities.

Infosys takes pride in building strategic long-term client relationships. Over 95% of our revenues come from existing customers.

One of the founders of Infosys Technologies Limited; Chosen as the World Entrepreneur of the Year – 2003 by Ernst and Young; Narayana Murthy is the Non-Executive Chairman and Chief Mentor of Infosys Technologies Limited. He is a living legend and an epitome of the fact that honesty, transparency, and moral integrity are not at variance with business acumen. He set new standards in corporate governance and morality when he stepped down as the Executive Chairman of Infosys at the age of 60.
With the liberalization of Indian economy in 1990s, Infosys grew rapidly. In 1993, the company came up with its IPO. In 1995, Infosys set up development centers across cities in India and in 1996, it set up its first office in Europe in Milton Keynes, UK. In 1999, Infosys became the first Indian company to be listed on NASDAQ. Today (in 2006), Infosys has a turnover of more than $ 2billion and has employee strength of over 50,000. In 2002, Infosys was ranked No. 1 in the “Best Employers in India 2002” survey conducted by Hewitt and in the Business World’s survey of “India’s Most Respected Company.” Conducted in the same year.

Along with the growth of Infosys, Narayana Moorthy too has grown in stature. He has received many honors and awards. In June 2000, Asiaweek magazine featured him in a list of Asia’s 50 Most Powerful People. In 2001, Narayana Murthy was named by TIME/CNN as one of the 25 most influential global executives. He was the first recipient of the Indo-French Forum Medal (2003) and was voted the World Entrepreneur of the Year – 2003 by Ernst and Young. The Economist ranked Narayana Murthy eighth on the list of the 15 most admired global leaders (2005) and Narayan Murthy also topped the Economic Times Corporate Dossier list of India’s most powerful CEOs for two consecutive years – 2004 and 2005.

*Pepsi CEO – Indra Nooyi

CEO of PepsiCo; Ranked No.4 on Forbes magazine’s annual survey of the 100 most powerful women in the world.

Indra Nooyi is the newly appointed CEO of PepsiCo-the world’s second-largest soft drink maker.

She joins the select band of women who head Fortune 500 companies. Presently, there are only 10 Fortune 500 companies that are run by women, and Indra Nooyi is the 11th to break into the top echelons of power. Prior to becoming CEO, Indra Nooyi was President, Chief Financial Officer and a member of the Board of Directors of PepsiCo Inc.

Indra Nooyi spent her childhood in Chennai. Her father worked at the State Bank of Hyderabad and her grandfather was a district judge.

She did her BSc. in Chemistry from Madras Christian College and subsequently earned a Master’s Degree in Finance and Marketing from IIM Calcutta. Indra Nooyi also holds a Master’s Degree in Public and Private management from the Yale School of Management.

Before joining PepsiCo in 1994, Indra Nooyi was Senior Vice President of Strategy and Strategic Marketing for Asea Brown Boveri, and Vice President and Director of Corporate Strategy and Planning at Motorola. She also had stints at Mettur Beardsell and Johnson & Johnson. At PepsiCo, Indra Nooyi played key roles in the Tricon spin-off, the purchase of Tropicana, the public offering of Pepsi Cola bottling group and the merger with Quaker Foods.


*Dr. K . anji Reddy

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

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

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

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

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

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

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


*Azim Premji

Chairman of Wipro Technologies; Richest Indian for the past several years; Honored with Padma Bhushan in 2005.

Azim Premji is Chairman of Wipro Technologies, one of the largest software companies in India. He is an icon among Indian businessmen and his success story is a source of inspiration to a number of budding entrepreneurs.

Born on July 24, 1945, Azim Hashim Premji was studying Electrical Engineering from Stanford University, USA when due to the sudden demise of his father, he was called upon to handle the family business. Azim Premji took over the reins of family business in 1966 at the age of 21.

At the first annual general meeting of the company attended by Azeem Premji, a shareholder doubted Premji’s ability to handle business at such a young age and publicly advised him to sell his shareholding and give it to a more mature management. This spurred Azim Premji and made him all the more determined to make Wipro a success story. And the rest is history.

When Azim Premji occupied the hot seat, Wipro dealt in hydrogenated cooking fats and later diversified to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders. Thereafter Premji made a focused shift from soaps to software.

Under Azim Premji’s leadership Wipro has metamorphosed from a Rs.70 million company in hydrogenated cooking fats to a pioneer in providing integrated business, technology and process solutions on a global delivery platform. Today, Wipro Technologies is the largest independent R&D service provider in the world.

Azim Premji has several achievements to his credit. In 2000, Asiaweek magazine, voted Premji among the 20 most powerful men in the world. Azim Premji was among the 50 richest people in the world from 2001 to 2003 listed by Forbes. In April 2004, Times Magazine, rated him among the 100 most influential people in the world by Time magazine. He is also the richest Indian for the past several years. In 2005,Government of India honored Azim Premji with Padma Bhushan.


*M.S.Oberoi

Founder of the Oberoi Group of Hotels; Honored with Padma Bhushan in 2001.
M.S. Oberoi can be aptly termed as the father of the Indian hotel industry. Rai Bahadur Mohan Singh Oberoi was among the first to recognize the potential of the tourism industry, its ability to contribute to India’s economic growth and generate direct and indirect employment. He worked tirelessly to put Indian hotel industry on global tourism map.

M.S. Oberoi was born on August 15, 1898, in the erstwhile undivided Punjab, now in Pakistan. He did his early schooling in Rawalpindi and completed his graduation from Lahore. In 1922, to escape the epidemic of Plague, he came to Shimla, and got a job of front desk clerk, at The Cecil Hotel at a salary of Rs 50 per month. M.S. Oberoi was a quick learner and shouldered many additional responsibilities along with the job of desk clerk. M. S. Oberoi’s diligence prompted Mr. Clarke to request Mohan Singh Oberoi to assist him when he acquired Clarkes Hotel. At the Clarkes Hotel, M.S. Oberoi gained first hand experience in all aspects of hotel operations.

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

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

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

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

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

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

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

*Rahul Bajaj


Rahul Bajaj is the Chairman of the Bajaj Group, which ranks among the top 10 business houses in India. The Bajaj Group has diversified interests ranging from automobiles, home appliances, lighting, iron and steel, insurance, travel and finance. Rahul Bajaj is one of India’s most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit.

Rahul Bajaj is an alumnus of Harvard, St. Stephen’s and Cathedral. He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover of the Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. Rahul Bajaj created one of India’s best companies in the difficult days of the licence-permit raj. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in India and its Chetak brand had a 10-year waiting period.

The initiation of liberalization in India posed great challenges for Bajaj Auto. Liberalisation brought the threat of cheap imports and FDI from top companies like Honda. Rahul Bajaj became famous as the head of the Bombay Club, which opposed liberalization. The scooter sails plummeted as people were more interested in motorcycles and the rival Hero Honda was a pioneer in it.

The recession and stock market collapse of 2001 hit the company hard and it was predicted that the days of Bajaj Auto were numbered. However, Bajaj Auto re-invented itself, established a world-class factory in Chakan, invested in R&D and came up with Bajaj Pulsar Motorcycle. Bajaj Pulsar is currently a leader in its segment.

Recently, Rahul Bajaj was elected to Rajya Sabha from Maharashtra.


*UB Group

The UB Group (United Breweries) Group is a multi-faceted conglomerate with business interests in Beverage Alcohol, Pharmaceuticals, Media, International Trading, Aviation, Fertilizer, Research & Development, and Infrastructure Development.

The UB Group was founded by a Scottish gentleman Thomas Leishman in 1915. The company used to manufacture beer at that time and took its initial lessons in manufacturing beer from South Indian based British breweries. In August 1947, Vittal Mallya became the company’s first Indian director. A year later he became the Chairman of the Group. United Breweries came into limelight by manufacturing bulk beer for the British troops, which was transported in huge barrels. In 1950s and 60s, the group expanded rapidly and made several acquisitions. McDowell was added as one of the Group subsidiaries. This helped UB Group to venture into wines and spirits business. Kingfisher, the Group’s most visible and profitable brand, made its entry in the sixties. Thereafter, the Group moved into agro-based industries and medicines when it acquired Kissan Products and formed a long-term relationship with Hoechst AG of Germany to promote Aventis Pharma.

After Vittal Mallya’s death in 1983, his son Vijay Mallya assumed the mantle of the group. Vijay Mallya inducted professional management and consolidating the Group into individual operating divisions. In 1988, UB Group acquired the global Berger Paints Group with operating companies across four continents. The paints business was divested for significant value in 1996. After India adopted economic liberalization in 1991, the UB Group decided to retain interests in only those businesses that were globally competitive and did not depend upon fiscal tariff protection. Today, UB Group is the third largest manufacturer of Spirits products in the world. In 2005, the Group entered aviation sector with the launch of Kingfisher Airlines Limited. With in a short time the airlines has captured an impressive market share and has established a niche identity for itself.

Business Interests of UB Group:

Beverage Alcohol: The UB Group is 3rd largest spirits marketer in the world, with overall sales of 60 million cases. The company offers 140 brands at varying price points. Some of the famous brands of the UB Group are: Bagpiper Whisky, McDowell’s No.1 Whisky, Director’s Special Whisky, McDowell’s No.1 Brandy and McDowell’s Celebration Rum.

Pharmaceuticals: The group’s company Aventis Pharma Limited is the second largest pharmaceutical multinational in India. It develops and markets branded prescription drugs and vaccines.

Media: The UB Group also has a shareholding in Asian Age Holdings Ltd, the company that owns and manages daily newspaper, The Asian Age.

International Trading: The Group’s company UB Global Limited is a recognized export house engaged in the export of Beer, Spirits, Leather Footwear and Processed Foods. The Company also exports Pharmaceutical Products and customized perfumeries.

Fertilizer: Mangalore Chemicals & Fertilizers Limited is under UB Group’s management. It has a manufacturing capacity of 2,17, 800 MT of Ammonia and 3,80,000 MT of Urea.

Research & Development: Vittal Mallya Scientific Research Foundation (VMSRF) was established in 1987 with the objective of developing newer and novel technologies that will have substantial application in industry and health care. The foundation is it is recognized by the Departments of Scientific & Industrial Research (DSIR), Dept. of Biotechnology (DBT), Council for Scientific and Industrial Research (CSIR) and the Ministry of Finance, Govt. of India.

Aviation: UB Group entered aviation sector in 2005 with the launch of Kingfisher Airlines Limited. Kingfisher Airlines has captured an impressive market share and has established a niche identity for itself. The airlines recently acquired 25% stake in Deccan Airlines.

*Mahindra And Mahindra

Mahindra & Mahindra Limited (M&M) is a major automaker in India. It is the flagship strategic business unit of the Mahindra Group. The company was set up in 1945 as Mahindra & Mohammed.[3] Later, after the partition of India, Mr. Ghulam Muhammad migrated to Pakistan and became that nation’s first finance minister. Hence, the name was changed from Mahindra & Mohammed to Mahindra & Mahindra in 1948. The company first traded steel with suppliers in England and the United States. Real business activity of M&M began by assembling complete knock down (CKD) Jeeps in 1949.[4] the company expanded to indigenous manufacture of Jeep vehicles with a high level of local content under license from Kaiser Jeep and later American Motors (AMC).

M&M soon branched out into manufacturing agricultural tractors and light commercial vehicles (LCVs). It later expanded its operations to secure a significant presence in many more important sectors. The company has now transformed itself into a group of business units that caters to the Indian and overseas markets with a presence in vehicles, farm equipment, information technology, trade and finance related services, as well as infrastructure development.

By 2005, M&M had become the largest producer of SUVs in India. The company has recently started a separate sector, the Mahindra Systems and Automotive Technologies (MSAT), to focus on developing components and offering engineering services.

*Essel Group

The Essel Group is one of India’s prominent business houses with a diverse portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure development and education.

Essel was started in 1976 with the commodity trading and export firm Rama Associates Limited. Over the years, the Group has metamorphosed into a conglomerate with an estimated turnover of US$ 2.4 billion (FY 2007). The Group’s publicly listed companies include Zee Entertainment Enterprises Ltd, Zee News Ltd, Wire & Wireless India Ltd, dishtv India Ltd, Essel Propack Ltd and ETC Networks Ltd. With worldwide operations, the Group employs more than 8,000 people across various locations.

The Essel Group has always responded to opportunities created by changes in technology by capitalizing on first-mover advantage to emerge as the market leader. In India, Zee TV is the first satellite channel, Siticable is the first multi-system operator, Esselworld is the first amusement park, Water Kingdom is the first theme park and Playwin is the first online gaming company. Essel Propack, the world’s No. 1 in packaging, was also a revolutionary concept in India.

Subhash Chandra is the founder Chairman and the chief architect of the Essel Group of companies. The success of all his businesses is an illustration of his pioneering spirit and strong business acumen. Under his leadership, Essel has grown into one of the largest entities and a symbol of Indian ingenuity and power.


SCIENCE

*Subrahmanyan Chandrasekhar

Subrahmanyan Chandrasekhar was one of the greatest scientists of the 20th century. He did commendable work in astrophysics, physics and applied mathematics. Chandrasekhar was awarded the Nobel Prize in Physics in 1983.

Subrahmanyan Chandrasekhar was born on October 19, 1910 in Lahore. His father, Chandrasekhara Subrahmanya Ayyar was an officer in Government Service in the Indian Audits and Accounts Department. His mother Sita was a woman of high intellectual attainments. C.V. Raman, the first Indian to get Nobel Prize in science was the younger brother of Chandrasekhar’s father. Till the age of 12, Subramanyan Chandrasekhar had his education at home under his parents and private tutors. In 1922, at the age of 12, he attended the Hindu High School. He joined the Madras Presidency College in 1925. Subrahmanyan Chandrashekhar passed his Bachelor’s degree, B.Sc. (Hon.), in physics in June 1930. In July 1930, he was awarded a Government of India scholarship for graduate studies in Cambridge, England.

Subrahmanyan Chandrasekhar completed his Ph.D. degree at Cambridge in the summer of 1933. In October 1933, Chandrasekhar was elected to a Prize Fellowship at Trinity College for the period 1933-37. In 1936, while on a short visit to Harvard University, Subrahmanyan Chandrasekhar, was offered a position as a Research Associate at the University of Chicago and remained there ever since. In September 1936, Subrahmanyan Chandra Shekhar married Lomita Doraiswamy. She was her junior at the Presidency College in Madras.

Subrahmanyan Chandrasekhar is best known for his discovery of Chandrasekhar Limit. He showed that there is a maximum mass which can be supported against gravity by pressure made up of electrons and atomic nuclei. The value of this limit is about 1.44 times a solar mass. The Chandrasekhar Limit plays a crucial role in understanding the stellar evolution. If the mass of a star exceeded this limit, the star would not become a white dwarf. It would continue to collapse under the extreme pressure of gravitational forces. The formulation of the Chandrasekhar Limit led to the discovery of neutron stars and black holes. Depending on the mass there are three possible final stages of a star – white dwarf, neutron star and black hole.

Apart from discovery of Chandrasekhar Limit, major work done by Subrahmanyan Chandrasekhar includes: theory of Brownian motion (1938-1943); theory of the illumination and the polarization of the sunlit sky (1943-1950); theory of the illumination and the polarization of the sunlit sky (1943-1950); the equilibrium and the stability of ellipsoidal figures of equilibrium, partly in collaboration with Norman R. Lebovitz (1961-1968); the general theory of relativity and relativistic astrophysics (1962-1971); and the mathematical theory of black holes (1974- 1983).

Subrahmanyan Chandrasekhar was awarded (jointly with the nuclear astrophysicist W.A. Fowler) the Nobel Prize in Physics in 1983. He died on August 21, 1995.


*C.V. Raman

He was the first Indian scholar who studied wholly in India received the Nobel Prize.

C.V. Raman is one of the most renowned scientists produced by India. His full name was Chandrasekhara Venkata Raman. For his pioneering work on scattering of light, C.V. Raman won the Nobel Prize for Physics in 1930.

Chandrashekhara Venkata Raman was born on November 7, 1888 in Tiruchinapalli, Tamil Nadu. He was the second child of Chandrasekhar Iyer and Parvathi Amma. His father was a lecturer in mathematics and physics, so he had an academic atmosphere at home. He entered Presidency College, Madras, in 1902, and in 1904 passed his B.A. examination, winning the first place and the gold medal in physics. In 1907, C.V. Raman passed his M.A. obtaining the highest distinctions.

During those times there were not many opportunities for scientists in India. Therefore, Raman joined the Indian Finance Department in 1907. After his office hours, he carried out his experimental research in the laboratory of the Indian Association for the Cultivation of Science at Calcutta. He carried out research in acoustics and optics.

In 1917, Raman was offered the position of Sir Taraknath Palit Professorship of Physics at Calcutta University. He stayed there for the next fifteen years. During his tenure there, he received world wide recognition for his work in optics and scattering of light. He was elected to the Royal Society of London in 1924 and the British made him a knight of the British Empire in 1929. In 1930, Sir C.V. Raman was awarded with Nobel Prize in Physics for his work on scattering of light. The discovery was later christened as “Raman Effect”.

In 1934, C.V. Raman became the director of the newly established Indian Institute of Sciences in Bangalore, where two years later he continued as a professor of physics. Other investigations carried out by Raman were: his experimental and theoretical studies on the diffraction of light by acoustic waves of ultrasonic and hypersonic frequencies (published 1934-1942), and those on the effects produced by X-rays on infrared vibrations in crystals exposed to ordinary light. In 1947, he was appointed as the first National Professor by the new government of Independent India. He retired from the Indian Institute in 1948 and a year later he established the Raman Research Institute in Bangalore, where he worked till his death.

Sir C.V. Raman died on November 21, 1970.


*Homi Bhabha

Founded Tata Institute of Fundamental Research; was the first chairman of India’s Atomic Energy Commission; was chairman of the first United Nations Conference on the Peaceful Uses of Atomic Energy, held in Geneva in 1955.

Homi Bhabha, whose full name was Homi Jehnagir Bhabha, was a famous Indian atomic scientist. In Independent India, Homi Jehnagir Bhabha, with the support of Jawaharlal Nehru, laid the foundation of a scientific establishment and was responsible for the creation of two premier institutions, Tata Institute of Fundamental Research and Bhabha Atomic Research Centre. Homi Bhabha was the first chairman of India’s Atomic Energy Commission.

Homi Jehangir Bhabha was born on October 30, 1909, in Bombay in a rich Parsi family. After graduating from Elphinstone College and the Royal Institute of Science in Bombay, he went to Cambridge University. He received his doctorate in 1934. During this period he worked with Niels Bohr on the studies that led to quantum theory. Homi Jehnagir Bhabha also worked with Walter Heitler on the cascade theory of electron showers, which was of great importance for the understanding of cosmic radiation. He did significant work in identifying the meson.

Due to outbreak of Second World War, Homi Jehangir Bhabha, returned to India in 1939. He set up the Cosmic Ray Research Unit at the Indian Institute of Science, Bangalore under C. V. Raman in 1939. With the help of J.R.D. Tata, he established the Tata Institute of Fundamental Research at Mumbai. In 1945, he became director of the Tata Institute of Fundamental Research.

Apart from being a great scientist, Homi Bhabha, was also a skilled administrator. After independence he received the blessings of Jawaharlal Nehru for peaceful development of atomic energy. He established the Atomic Energy Commission of India in 1948. Under his guidance Indian scientists worked on the development of atomic energy, and the first atomic reactor in Asia went into operation at Trombay, near Bombay, in 1956.

Homi Bhabha was chairman of the first United Nations Conference on the Peaceful Uses of Atomic Energy, held in Geneva in 1955. He advocated international control of nuclear energy and the outlawing of atomic bombs by all countries. He wanted nuclear energy to be used for alleviating poverty and misery of people.

Homi Bhabha received many honorary degrees from Indian and foreign universities and was a member of numerous scientific societies, including the National Academy of Sciences in the United States. He also authored many articles on quantum theory and cosmic rays. Homi Bhabha died in an aeroplane crash in Switzerland on January 24, 1966.


*Ranbaxy

Ranbaxy Laboratories Limited is an integrated, research based, international pharmaceutical company, producing a wide range of quality, affordable generic medicines. Ranbaxy is ranked amongst the top ten global generic companies and has a presence in 23 of the top 25 pharma markets of the world. The company is headquartered in India. It has presence in 49 countries, with manufacturing facilities in 11 and a diverse product portfolio.

Ranbaxy was incorporated in 1961. Bhai Mohan Singh was the founder of the company. He bought the company from his cousins Ranjit Singh and Gurbax Singh. Ranbaxy’s name is a fusion of Ranjit and Gurbax’s names. Ranbaxy went public in 1973. Ranbaxy’s first joint venture was set up in Lagos (Nigeria) in 1977. In 1985, Ranbaxy Research Foundation was established and Stancare, Ranbaxy’s second pharmaceutical market division started functioning. In 1987, production started at Ranbaxy’s Toansa Plant (Punjab) and with this Ranbaxy became India’s largest manufacturer of antibiotics/antibacterials. In 1988, Ranbaxy’s Toansa Plant got US FDA approval. In 1990, Ranbaxy was granted its first US patent, for Doxycyline. In 1993, Ranbaxy set up a joint venture in China. In 1994, Ranbaxy established regional headquarters in UK and USA. In the same year its GDR was listed in Luxembourgh Stock Exchange. In 1995, Ranbaxy acquired Ohm Laboratories, a manufacturing facility in the US and inaugurated state-of-the art new manufacturing wing at Ranbaxy’s US subsidiary Ohm Laboratories Inc. In 1997, Ranbaxy crossed a sales turnover of Rs. 10,000 million.

In 1998, Ranbaxy entered USA, world’s largest pharmaceutical market, with products under its own name. In the same year, Ranbaxy filed its first Investigational New Drug (IND) application with the Drugs Controller General OF India for approvals to conduct Phase 1 Clinical trials. In 1999, Ranbaxy commenced trials for its NCE. In 2000, Ranbaxy acquired Bayer’s Generic business in Germany, and entered into Brazil, the largest pharmaceutical market in South America. In 2001, Ranbaxy set up a manufacturing facility in Vietnam. In 2003, Ranbaxy launched Cefuroxime Axetil after approval from USFDA. It was the first approval granted to any generic company for this product. In 2003, Ranbaxy and Glaxo SmithKline Plc entered into an alliance for drug discovery and development. In 2004, Ranbaxy acquired a wholly-owned subsidiary RPG (Aventis) SA and began operations in France as a Top 10 generic company. In 2005, Ranbaxy launched operations in Canada and acquired generic product portfolio from EFARMES of Spain. In 2006, Ranbaxy acquired Be Tabs pharmaceuticals of South Africa, unbranded generic business of GSK in Italy & Spain, and Terapia of Romania.

Major Achievements of Ranbaxy

  • India’s largest pharmaceutical company.
  • Received The Economic Times Award for Corporate Excellence for ‘The Company of the Year 2002-2003’.
  • Ranbaxy is among the elite club of Million Dollar Companies.
  • Ranbaxy received India’s first approval from USFDA for an Anti Retroviral (ARV) drug under the U.S. President’s Emergency Plan for AIDS Relief.


*Biocon

Biocon is India’s leading integrated biotechnology enterprise focused on the development of biopharmaceuticals. Since its inception Biocon has evolved from an enzyme manufacturing company to a fully integrated biopharmaceutical enterprise, focused on healthcare. Biocon has successfully forayed into drug discovery and development. It has developed innovative and effective biomolecules in diabetology, oncology, cardiology and other therapeutic segments. Biocon delivers products and solutions to partners and customers in over 50 countries.

Biocon was founded on November 29, 1978 as a joint venture between Biocon Biochemicals Ltd. of Ireland and an Indian entrepreneur, Kiran Mazumdar Shaw. In 1979, Biocon became the first Indian company to manufacture and export enzymes to USA and Europe. Unilever plc. acquired Biocon Biochemicals Ltd. in Ireland in 1979 and merged it with its subsidiary, Quest International. In 1989, Biocon became the first Indian biotech company to receive US funding for proprietary technologies. In 1993, Biocon’s R&D and manufacturing facilities received ISO 9001 certification from RWTUV, Germany. In 1994, Biocon established a subsidiary Syngene International Pvt. Ltd to address the growing need for outsourced R&D in the pharmaceutical sector. In 1996, Biocon entered the biopharmaceuticals and statins segment. In 1998, Unilever sold its shareholding in Biocon to the Indian promoters and Biocon became an independent entity. In 2000 Biocon commissioned its first fully automated submerged fermentation plant to produce speciality pharmaceuticals. In the same year Clinigene, India’s first clinical research organisation and a subsidiary of Biocon, was set up to pursue clinical research and development. In 2001, Biocon became the first Indian company to be approved by US FDA for the manufacture of lovastatin, a cholesterol-lowering molecule. In 2003 Biocon became the first company worldwide to develop human insulin on a Pichia expression system. In 2004, Biocon entered the stock market with its IPO and became only the second Indian company to cross the $ 1 billion mark on the day of listing. In 2006, Biocon launched India’s first cancer drug BIOMAb EGFR.

Products & Services Offered by Biocon:

1. Biopharmaceuticals: Today, Biocon is a leading biopharmaceutical company with strong capabilities in statins, immunosuppressants, recombinant insulin and a wide product range across key therapeutic segments including diabetology, cardiology and oncology. Following biopharmaceutical products are offered by Biocon:

  • Small molecules: Biocon produces anti-diabetic agents, anti-hypertensive agents, anti-inflammatory agents, anti-oxidants, cardiovascular agents, digestive-aid enzymes, hemostatic agents, hepatoprotective agents, immunosuppressants, and neutraceuticals.
  • Biologicals: In the field of Biogenerics, Biocon is currently working on products that include: Insulin, Streptokinase, and Monoclonal Antibodies.
  • Dosage Forms: Biocon provides products in the therapeutic segments of cardiology and diabetes.

2. Enzymes: Biocon is India’s largest producer and exporter of enzymes. It manufactures and markets a broad range of industrial enzymes, food additives and process aids. Biocon is the first enzyme company globally to receive the ISO 9001 accreditation. Enzymes manufactured by Biocon are: Amylases, Amyloglucosidases, Cellulases, Catalase, Lipases, Glucanases, Hemicellulases, Phytases, Proteases, and Pectinases.

3. Custom Research: Biocon subsidiary Syngene conduct high value R&D in early stage drug discovery and development for a diverse global clientele.

4. Clinical Research: Biocon subsidiary Clinigene offers global biotechnology and pharmaceutical majors strong clinical trial services, regulatory and laboratory capabilities for clinical drug development. Its value added services include value-added services include patient registries and clinical databases in diabetes, lipidemia, oncology, cardiovascular diseases.

Major Achievements of Biocon:

  • First Indian company to manufacture and export enzymes to USA and Europe.
  • First Indian biotech company to receive US funding for proprietary technologies.
  • First Indian company to be approved by US FDA for the manufacture of lovastatin, a cholesterol-lowering molecule.
  • First company worldwide to develop human insulin on a Pichia expression system.
  • India’s largest producer and exporter of enzymes.
  • Second Indian company to cross the $ 1 billion mark on the day of listing.
  • Launched India’s first cancer drug BIOMAb EGFR


*Stem Cell Research Lead

India’s Stem cells research can change the way heath care is practiced completely – cure for cancer. HIV and everything else you can think of!

If All India Institute of Medical Sciences can deliver its stem cell research in time, India can be country proud to cure HIV, Cancer and all other diseases you can think of!

Stem cells can repair DNA and provide permanent cure to any disease. According to researchers, right stem cells when injected human body, can travel to the right defective organ can repair the same. Eventually stem cells can provide immortal life!

Many Western countries are discontinuing stem cell research because there is a myth that stem cell research needs stem cells from Embryo which means the fetus has to be aborted. Anti-abortion advocates dislike this option. However, according to Stem cell researchers, this is not true.

India has taken a leadership in this area and a major break through will be announced soon according special sources inside All India Institute of Medical Sciences

In the future, detailed DNA study will tell doctors which disease can happen in a patient, which disease currently exist and more.

Stem cells can create miracle. For example, if a patient has a stroke, right stem cells can repair the portion of heart tissue and rejuvenate the same.

Every organ in the body including reto-vrus like AIDS and cancer can be cured in a very cost effective way.

In many countries like US, UK Stem cell research is taking a back seat because this will make Pharmaceutical companies obsolete and unnecessary. The hospitals will have to do business in new way and medical science will have to rewritten!

Commercial interests will resist Stem cell research but for how long? India has interest in going ahead with Stem cell research specially if prices of medicine in India has to go up in future due to World Trade Agreements.


SPORTS

*Cricket

The game of cricket has acquired the status of a religion in India with the cricketers enjoying a demi-god status. The massive fan-following that the game commands across the length and breadth of this country is a testimony of its unsurpassed popularity.

The popularity of cricket in India can be ascribed to the fact that the country has been a force to reckon with in the world stage. The game witnessed exponential growth in India when Kapil’s Devils humbled the mighty West Indians in the hallowed turf of Lord’s to emerge as the World Champions in 1983.

The long line of world-beaters the country has produced exemplifies the rich heritage of cricket in India. From Ranjitsinghji, Vijay Hazare, Sunil Gavaskar to Sachin Tendulkar, India has been churning out exceptional cricketing talents who have left their marks in the annals of the game.

In addition to the abundant talent pool, cricket in India has benefited by the innovative marketing strategies adopted by the Board of Control for Cricket in India. With top-notch corporate houses making a beeline to be associated with the Indian cricket team, the Board laughing all the way to the bank.

The cricketers too have made a fortune out of their celebrity status by endorsing a host of consumer products. Given the popularity of the game and the players’ celebrity status, it’s no wonder that the majority of the young kids of this country aspire to be successful cricketers.

*T20 Cricket

Twenty20 cricket has infused excitement and entertainment of football matches in cricket. The inaugural ICC Twenty20 world cup, played in South Africa (2007) is testimony to the fact that this form of cricket is huge hit and more entertaining than a 50-50 overs one day international. Twenty20 cricket has certainly redefined the game of cricket. Twenty20 is a form of limited overs cricket, which was originally started in the United Kingdom for county competition by the England and Wales Cricket Board (EWCB), in the year 2003. In the twenty 20 cricket format, both the teams get to play a maximum of 20 overs.

The most exciting part of the Twenty20 cricket is that a game is completed in about three hours, which brings the game closer to other popular team sports like football. This form of Cricket was introduced to make the game more lively and attractive to spectators at the ground and viewers on television and that has been very successful.

Within a span of just 4 years, this format of the game has spread around in all cricket playing countries and now we have at least one Twenty 20 game on most international tours. Many of the Test-playing countries have domestic twenty20 competition and others are catching up fast. The finals of the inaugural ICC Twenty20 World cup, played between Indian and Pakistan, has proved that cricket lovers all over the world would get to see many more such exciting and thrilling cricket in times to come.

*Chess

India’s chess scenario is indeed rosy with a bevy of youngsters making it big at the international stage. India is fast emerging as a chess powerhouse thanks to the growing number of International Grandmasters.

With more and more young kids taking to the game, the domestic tournaments have witnessed a healthy competition and a considerable improvement in the overall standard of the game. With young talents giving their older peers a good run for their money, parents are encouraging their wards to consider chess a career option.

*tennis

The game of tennis enjoys a considerable following in India thanks to the achievements of some of the leading players. While the Leander Paes-Mahesh Bhupathi duo dominated the double circuit by annexing a host of Grand Slam titles, Sania Mirza has emerged as a teen idol due to her impressive performance.

But for a country that has been doing consistently well in tournaments like Davis Cup, there has been a conspicuous lack of promising youngsters. After doing well in domestic circuit and junior tournaments, most of the budding players fade into oblivion.

It is high time the All India tennis Federation took notice of the ground situation and did the needful to raise the standard of lawn tennis in India. At a time when India is hosting ATP tournaments, it is indeed embarrassing to see someone like Leander Paes still spearheading the Indian challenge in the absence of newcomers.

*Golf

Riding on the success of Indian golfers, the game of Golf has made rapid strides across the length and breadth of India. Over the years, Indian pros have consistently raised the bar in international events and the domestic tour is being organized in a professional manner.

The coming of age of Indian golf that started with Ali Sher’s memorable Indian Open triumph is continuing unabated with the golfers breaking fresh grounds in distant lands. Jyoti Randhawa and Arjun Atwal topping the Asian Tour Order of Merit, Gaurav Ghei’s qualification to the British Open and Atwal becoming the first millionaire out of the Asian PGA are but a few of the glorious achievements by Indian golfers.

In addition to the good showing by the players, the Indian Golf Union (IGU) is making earnest efforts to improve the standard of the game in the country. In 1995, in a landmark decision, the IGU agreed to form a separate body called the Professional Golfers’ Association of India (PGAI).

The game got another shot in the arm when the PGAI decided to hand over the managing and marketing rights of the Tour to a professional company in 1997, with Delhi-based Tiger Sports Marketing winning the rights in an open bid.

At present, the Indian PGA Golf Tour is titled the ‘Amby Valley PGAI Tour’ after Sahara India acquired the title sponsorship rights.

*Archery

The game of archery is making rapid strides in India with more and more youngsters taking to the game. With international laurels pouring thick and fast, India is fast emerging as an archery powerhouse.

With a bunch of young talents like Jayant Talukdar, Tarundeep Rai and Rahul Banerjee making waves at the big stage, India looks all set to break the Korean stranglehold on the World Archery Championship. The fact that Indian finished second to the mighty Koreans at the 2005 World Championship is ample proof of their growing stature.

At the home front, archery has found favor among a wider section of the society with modern equipment coming in and with job opportunities opening up in a big way for the sport’s stars. Traditionally dominated by champion archers from tribal communities, today a major chunk of the archers come from non-tribal areas with good educational backgrounds.

*Shooting

Riding on the good work of Indian shooters, shooting is giving stiff competition to games like cricket in the popularity stakes. In 2004, the game of shooting gave India its first Olympic individual silver medal and, with two years to go for the Beijing Games, speculation is rife that Indian marksmen will come home with a bigger tally.

Notwithstanding the soaring popularity, shooting is generally regarded an expensive sport which only the affluent, powerful and the talented with institutional support can pursue as a serious career. While shooters like Abhinav Bindra and Gagan Narang come from wealthy families, others like Rajyavardhan Rathore are decorated Indian Army officers.

The National Rifle Association of India and the Indian government should made sure that Indian shooters get regular international exposure and can concentrate on honing their skills without bothering about financial constraints.


ART & FASHION

*Art-M. F. Hussain

World famous painter; Recipient of Padma Shree

One can love MF Hussain or one can hate MF Hussain but one cannot ignore him. MF Husain is always in the news because of one controversy or the other. Maqbool Fida Hussain (MF Hussain ) is a world famous painter and an icon among Indian artists.

MF Hussain was born on September 17, 1915 in Pandharpur, Maharashtra. He lost his mother when he was one and a half years old. Husain’s father remarried and moved to Indoor. MF Hussain did his schooling from Indore. In 1935, MF Hussain moved to Bombay and joined Sir J. J. School of Art.

He started off by painting cinema hoardings. He first came into limelight as painter in the late 1940s. In 1952, MF Hussain’s first solo exhibition was held at Zurich and soon he became popular in Europe and USA. He went on to become one of the highest paid painters in India. His paintings have fetched millions of dollars at the auction.

In 1966, MF Hussain was honored with Padma Shree by the Government of India. In 1967, MF Hussain made his first film “Through the Eyes of a Painter”. The film was shown at the Berlin Film Festival and won a Golden Bear. He has also made two Hindi movies, “Gaja Gamini” and “Meenaxi: A Tale of Three Cities.”

MF Hussain also had his share of controversies. Many a times he has been charged with hurting sentiments of people because of his nude portraits of Hindu gods and goddesses. But he continues to enthrall people with his peerless artistry.

*Pantaloons

Pantaloon Retail (India) Limited is India’s leading retailer that operates multiple retail formats in both the value and lifestyle segment. Pantaloon has ushered a retail revolution in India and its founder Kishore Biyani is known as India’s “King of Retail”. Pantaloon’s headquarter is in Mumbai. The company currently operates over 5 million square feet of retail space and has plans to increase it to 30 million sq. ft by 2011. Pantaloon has plans to open over 3000 new stores by 2010.

Pantaloon’s origin can be traced to 1987 when the company was incorporated as Manz Wear Private Limited. The company launched Pantaloons trouser, India’s first formal trouser brand. In 1992, Pantaloon launched its IPO. In 1994, The Pantaloon Shoppe – exclusive menswear store in franchisee format was launched across the country. Pantaloon started distribution of distribution of branded garments through multi-brand retail outlets across the nation. In 2001, Big Bazaar, India’s first hypermarket chain was launched. In 2002, Food Bazaar, the supermarket chain was launched. In 2006, Future Capital Holdings, the company’s financial arm launched real estate funds, “Kshitij” and “Horizon” and private equity fund “Indivision”. The company is also planning forays into insurance and consumer credit.

Pantaloon Retail is the flagship company of Future Group. The lines of business of Future Group are:

E-commerce: Pantaloon’s website Futurebazaar.com has revolutionized the e-commerce business in India. It offers a wide range of products at affordable prices. It has been named as Best Indian Website 2007 in the Shopping category by PC World.

Food: In food business, the group offers a host of options. Food Bazaar – a chain of large supermarkets; Brew Bar – a beer bar; café Bollywood – a national chain of eateries; Chamosa – a pan-Indian chain of snack counters, and Sports Bar – a bistro focused on the world of sports.

Fashion: The group offers a variety of options in fashion. Its brands include aLL, Blue Sky, Central, Etam, Fashion Station, Gini & Jony, Navaras, Pantaloons, and Top 10.

Home & Electronics: Options include: Collection i – a lifestyle furniture store; Electronics Bazaar – offers branded electronic goods and appliances; e-zone – trendiest electronics items; Furniture Bazaar – entire range of Home Furniture; Home Town – one stop destination for all the home needs.

Leisure & Entertainment: Options are: Bowling Co. – state-of-the-art premium family entertainment centre, offering multiple, novel and unique leisure and entertainment options; F 123 – offers a wide range of gaming options ranging from bowling and pool to redemption and interactive video games to bumper cars.

Wellness & Beauty: Options are: Health Village – a state-of-the art spa and yoga centre; Star & Sitara: Beauty salon for men and women; Tulsi – provides access to the best allopathic, ayurvedic and homeopathic medicinal products; Turmeric – offers beauty products like colour cosmetics, fragrances, herbal and specialty skin items, hair products and bath accessories.

Books & Music: Future Group’s brand – “Depot” offers Books, CDs, and stationery items.

Major Achievements of Pantaloon Retail

  • Chosen as International Retailer for the Year 2007
  • Chosen as Emerging Market Retailer of the Year 2007
  • Best Employers in India (Rank 14th) in the Hewitt Best Employers 2007 survey.
  • Best Managed Company in India (Mid-cap) for the year 2006.
  • Won Images Retail Awards 2006 for Best Value Retail Store, Best Retail Destination, and Best Food & Grocery Store.


ENERGY, POWER, EXPLORATION & CONSTRUCTION

*Suzlon

Suzlon is a market leader in Renewable Energy Resources segment. It specializes in providing total solutions in Wind Power Generation with cohesive integration of consultancy, design, manufacturing, installation, operation and maintenance services. Currently, Suzlon is ranked as fifth leading wind turbine manufacturer in the world. For its contribution in the wind energy sector, Suzlon has been awarded by the World Wind Energy Association.

The origin of Suzlon Energy Limited can be traced back to 1995, when its founder Tulsi Tanti incorporated the company and entered renewable energy segment. Suzlon started its journey with a small project to supply wind turbine generators for a 3.34 MW windfarm project in Gujarat, India. Since then, Suzlon has not looked back and today it ranks as the world’s 5th leading, and India’s and Asia’s leading manufacturer of wind turbines, with over 2,000 MW of wind turbine capacity supplied in India and across the world.

Suzlon has developed and implemented several large-scale windfarms throughout India. In Vankusavade, Maharashtra Suzlon has developed a windfarm that is stretched over 29 km of rugged mountainous terrain averaging over 1,000 meters above sea level. This windfarm has 566 WTGs and has an installed capacity of over 205 MW. Vankusavade windfarm successfully demonstrated the viability of large, utility-scale windfarms in India. In Sanganeri, Tamil Nadu, Suzlon is developing a windfarm with a planned capacity of over 500 MW. Similarly, in Dhulia, Maharashtra, Suzlon is developing one of the largest windfarms of its kind in the world with a planned capacity of over 1,000 MW once complete.

Suzlon has presence in all the major international markets. United States, the largest market for wind energy worldwide forms Suzlon’s largest market outside of India. Suzlon has also received major orders from Australia, Brazil, China, Italy, Portugal and South Korea. In terms of global footprint, Suzlon’s global team is spread across four continents: Europe, North America, Asia, and Australia. Suzlon has its international business headquarters in Denmark, Global Management Center in Netherlands, and research and development centres in Germany, and Belgium. In North America, Suzlon has its US corporate headquarters in Chicago, Illinois and has offices across the continent to provide marketing, projects and service support. In Asia, Suzlon has presence in India and China. Suzlon’s office in Melbourne, Australia is responsible for sales, marketing, project implementation and service support for the emerging Asia Pacific Market.

Major Achievements of Suzlon:

  • Fifth leading wind turbine manufacturer in the world with over 6% of market share.
  • Won the Best Manufacturer by the World Institute of Sustainable Energy.
  • Received the ‘IPO of the Year’ honor from the Euromoney and Ernst & Young-backed Renewable Energy Finance Forum.
  • Awarded by the World Wind Energy Association for its contribution in the wind energy sector.

*Larsen And Toubro

Larsen & Toubro Limited (L&T) is a vertically integrated engineering and construction conglomerate with additional interests in manufacturing, services and Information Technology. L&T is one of the largest companies in India’s private sector and has an international presence, with a global spread of offices. In fact it can be aptly called as an Indian multinational. Nearly 18 per cent of L&T’s total revenue comes from overseas earnings.

Larsen & Toubro is one of few organizations in Indian corporate sector that is truly professionally managed. L&T was founded as a partnership firm in 1938 in Mumbai by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro. They had arrived in India as representatives of the Danish engineering firm F L Smidth & Co in connection with the merger of cement companies that later grouped into the Associated Cement Companies. In 1944, Engineering Construction Corporation Limited (ECC) as incorporated as wholly owned subsidiary of Larsen & Toubro Limited. L&T was converted into a limited company on February 7, 1946. Starting with the import of machinery from Europe, L&T rapidly took on engineering and construction assignments of increasing sophistication. Today, L&T is a pioneer in engineering projects in terms of scale and complexity.

The various business groups of L&T are:

Engineering & Construction – Projects: L&T has an enviable track record of successful implementation of turnkey projects in major core and infrastructure sectors. L&T’s core competencies in engineering include highly qualified and experienced personnel from various disciplines, state-of-the-art 2-D and 3-D CAD facilities with sophisticated plant design systems and basic engineering capabilities. L&T is the only Indian EPC company pre-qualified for executing large, process-intensive projects for oil & gas, refinery, petrochemical and fertiliser sectors.

Heavy Engineering: L&T has been among Indian corporate sector in introducing new processes, products and materials in manufacturing. It is acknowledged as one of the top five fabrication companies in the world and has globally-benchmarked workshops are located in Mumbai, Hazira, Baroda and Kansbahal.

Construction: ECC, the Engineering Construction & Contracts Division of L&T, is India’s largest construction organization. It is credited with building some of India’s famous landmarks such as exquisite buildings, tallest structures, largest industrial projects, longest flyovers, highest viaducts, longest pipelines etc.

Electrical & Electronics: L&T is a major international manufacturer of a wide range of electrical and electronic products and systems. In the electrical segment, L&T is India’s largest manufacturer of low tension switchgear. In the electronic segment, L&T offers a wide range of meters and provides complete control and automation systems for diverse industries.

Information Technology: L&T Infotech Limited, a 100 per cent subsidiary of L&T, caters to leading international companies across the globe and offers comprehensive, end to end software solutions and services with a focus on Manufacturing, BFSI and Communications & Embedded Systems.

Machinery & Industrial Products: L&T manufactures, markets and provides service support for critical construction and mining machinery such as surface miners, hydraulic excavators, aggregate crushers, loader backhoes and vibratory compactors.

Achievements of L&T

  • Built India’s first indigenous hydrocracker reactor.
  • Built the world’s largest continuous catalyst regeneration reactor.
  • Built the world’s biggest fluid catalytic cracking regenerator.
  • Built the world’s longest product splitter.
  • Built Asia’s highest viaduct – Panvalnadi for the Konkan Railway.
  • Built the world’s longest LPG pipeline.
  • Built the world’s longest cross country conveyor.


*Jaypee Group

Jaypee Group is an infrastructure conglomerate with diverse business interests ranging from Engineering and Construction, Cement, Private Hydropower, Hospitality, Information Technology, and Real Estate Development to Expressways and Highways.

The founder of Jaypee Group is Jaiprakash Gaur, who started as a civil contractor in 1958. In 1979, Jaiprakash Associates Private Ltd (JAPL) was formed. In 1980, Jaypee Group entered into Hospitality sector and set up Hotels Siddharth and Vasant Continental. In 1983, Jaypee Rewa Cement Plant (JRCL) was established with an initial capacity of 1 million tones. In 1986, Jaiprakash Industries Limited (JIL) was formed by amalgamating JAPL into JRCL. In 1992, Jaiprakash Hydro Power Ltd (JHPL) and Jaiprakash Power Venture Ltd. (JPVL) were formed. In 1996, Jaypee Bela Cement Plant (JBCP) was established with an initial capacity of 1.9 million tones. In 2000, JRCL and JBCP were merged to form Jaypee Cement Ltd. (JCL). In 2003, Jaiprakash Associates Ltd. (JAL) was formed by merging JIL with JCL. In 2005, shares of JHPL were listed on BSE/NSE and JHPL became the first Hydropower company to be publicly held and listed in India.

Business Interests of Jaypee Group

Civil Engineering: Jaiprakash Associates Ltd., the flagship company of the Group, is a pioneer in construction of river valley and hydropower projects on turnkey basis in India. Jaypee Group has executed 13 Hydropower projects spread over 6 states of India and neighbouring Bhutan to generate 10,290 MW of power.

Hydropower: Jaypee Group ventured into hydropower in 1992, with the formation of Jaiprakash Hydro Power Ltd (JHPL) and Jaiprakash Power Venture Ltd. (JPVL). The group has undertaken following hydroprojects: Baspa Hydro – Electric Project Stage II (300 MW) on the river Baspa, in Kinnaur district of Himachal Pardesh; Vishnu Prayag, 400MW project on the river Alaknanada; and Karcham Wangtoo 1000 MW project.

Cement: Jaypee Group is the 4th largest cement producer in the country. It produces Ordinary Portland Cement and Pozzolana Portland Cement under the brand names “Buland” and “Buniyad”. The group has plants at Rewa, and Bela. Jaypee Group is poised to achieve cement production capacity of 20 MTPA by the year 2009.

Hospitality: Jaypee Group owns and operates four Five Star Deluxe hotels through a subsidiary company, Jaypee Hotels Limited. These hotels are: Hotel Siddharth and Hotel Vasant Continental in New Delhi, Hotel Jaypee Palace Agra, and Jaypee Residency Manor, Mussoorie.

Real Estate Development: Jaypee Group is developing real estate in Greater Noida. Its property, Jaypee Greens, is spread over an area of 450 acres. It comprises golf resorts, villas, townhouses, penthouses, condominiums, studio apartments, commercial complexes and shopping malls.

Expressways & Highways: Jaypee Group is constructing the prestigious 160 km long Expressway with Six lane access that would connect the historical city of Agra with Greater Noida.

Information Technology: Jaypee Group Company JIL Information Technology Limited (JILIT) specializes in: Hardware & Networking, Multimedia Services & Software, and Enterprise Resource Planning.

Thermal Power: Jaypee Group has formed a Joint Venture company with Madhya Pradesh State Mining Corporation Limited (MPSMCL) to undertake coal production and sale of coal from coal block/blocks which might be allotted to MPSMCL. The company is called Madhya Pradesh Jaypee Minerals Limited. The company has plans to set up 1000 MW Thermal Power Plant in Madhya Pradesh.

Transmission System: Jaiprakash Hydro-Power Limited has plans to venture into the development of transmission systems with the Power Grid Corporation of India Ltd (PGCIL).

Major Achievements of Jaypee Group

  • Jaypee Group is the largest private sector hydro power producer in India with an installed capacity of 700 MW.
  • Sardar Sarovar Dam being executed by the group is the third largest in the world for volume of chilled concrete to be placed -nearly 7 million cum.
  • Indira Sagar a 1000 MW Power house is the second largest surface power house in the country.
  • Nathpa Jhakri a 1500 MW Power House is the largest underground power house in India.
  • Tehri Dam is the third tallest rockfill dam in the world, and the largest in Asia involving placement of over 25 million cum of all types of fill material.


*Indian Oil cooperation ltd.

Indian Oil Corporation Ltd. (IOC) is the flagship national oil company in the downstream sector. The IndianOil Group of companies owns and operates 10 of India’s 19 refineries with a combined refining capacity of 1.2 million barrels per day. These include two refineries of subsidiary Chennai Petroleum Corporation Ltd. (CPCL) and one of Bongaigaon Refinery and Petrochemicals Limited (BRPL). The 10 refineries are located at Guwahati, Barauni, Koyali, Haldia, Mathura, Digboi, Panipat, Chennai, Narimanam, and Bongaigaon. Indian Oil’s cross-country crude oil and product pipelines network span over 9,300 km. It operates the largest and the widest network of petrol & diesel stations in the country, numbering around 16,455.

Indian Oil Corporation Ltd. (IndianOil) was formed in 1964 through the merger of Indian Oil Company Ltd and Indian Refineries Ltd. Indian Refineries Ltd was formed in 1958, with Feroze Gandhi as Chairman and Indian Oil Company Ltd. was established on 30th June 1959 with Mr S. Nijalingappa as the first Chairman. In 1964, Indian Oil commissioned Barauni Refinery and the first petroleum product pipeline from Guwahati. In 1965, Gujarat Refinery was inaugurated. In 1967, Haldia Baraurii Pipeline (HBPL) was commissioned. In 1972, Indian Oil launched SERVO, the first indigenous lubricant. In 1974, Indian Oil Blending Ltd. (IOBL) became the wholly owned subsidiary of Indian Oil. In 1975, Haldia Refinery was commissioned. In 1981, Digboi Refinery and Assam Oil Company’s (AOC) marketing operations came under the control of Indian Oil. In 1982, Mathura Refinery and Mathura-Jalandhar Pipeline (MJPL) were commissioned. In 1994, India’s First Hydrocracker Unit was commissioned at Gujarat Refinery. In 1995, 1,443 km. long Kandla-Bhatinda Pipeline (KBPL) was commissioned at Sanganer. In 1998, Panipat Refinery was commissioned. In the same year, Haldia, Barauni Crude Oil Pipeline (HBCPL) was completed. In 2000, Indian Oil crossed the turnover of Rs l ,00,000 crore and became the first Corporate in India to do so. In the same year Indian Oil entered into Exploration & Production (E&P) with the award of two exploration blocks to Indian Oil and ONGC consortium under NELP-I. In 2003, Lanka IOC Pvt. Ltd. (LIOC) was launched in Sri Lanka. In 2005, Indian Oil’s Mathura Refinery became the first refinery in India to attain the capability of producing entire quantity of Euro-III compliant diesel.

Major Achievements of Indian Oil Corporation

  • Currently India’s largest company by sales.
  • Highest ranked Indian company in the prestigious Fortune ‘Global 500’ listing, at 135th position.
  • 20th largest petroleum company in the world.


*GAIL

GAIL (India) Ltd. is India’s principal gas transmission and marketing company. GAIL is involved in all aspects of the Natural Gas value chain, which include: Exploration & Production, Processing, Transmission, Distribution and Marketing, and its related services. In a scenario where society is increasingly concerned about the impact of development on environment and Natural gas is one of most clean fuels available, GAIL has a critical role to play. GAIL is currently spearheading the move to a new era of clean fuel industrialization by creating a quadrilateral of green energy corridors that connect major consumption centres in India with major gas fields, LNG terminals and other cross border gas sourcing points.

GAIL (India) Ltd. was previously known as Gas Authority of India Ltd. It was set up by the Government of India in August 1984 to create gas sector infrastructure for sustained development of the natural gas sector in the country. During its short lifespan GAIL has achieved several major milestones.

Major Milestones of GAIL

  • The 2800-km Hazira-Vijaipur-Jagdishpur (HVJ) pipeline became operational in 1991.
  • GAIL began its city gas distribution in Delhi in 1997 by setting up nine CNG stations, catering to the city’s vast public transport fleet.
  • In 1999, GAIL set up northern India’s only petrochemical plant at Pata.
  • In 2001, GAIL commissioned world’s longest and India’s first Cross Country LPG Transmission Pipeline from Jamnagar to Loni.
  • GAIL became the first Infrastructure Provider Category II Licensee and signed India’s first Service Level Agreement for leasing bandwidth in the Delhi-Vijaipur sector in 2001, through its telecom business GAILTEL.
  • Gas Authority of India was renamed GAIL (India) Limited on November 22, 2002.

GAIL’s Business Portfolio includes:

  • 5,800 km of Natural Gas high pressure trunk pipeline with a capacity to carry 130 MMSCMD of natural gas across the country.
  • 7 LPG Gas Processing Units to produce 1.2 MMTPA of LPG and other liquid hydrocarbons.
  • 1,922 km of LPG Transmission pipeline network with a capacity to transport 3.8 MMTPA of LPG.
  • 30 oil and gas Exploration blocks and 3 Coal Bed Methane Blocks.
  • 13,000 km of OFC network offering highly dependable bandwidth for telecom service providers.
  • Joint venture companies in Delhi, Mumbai, Hyderabad, Kanpur, Agra, Lucknow, Bhopal, and Pune, for supplying Piped Natural Gas (PNG) to households and commercial users, and Compressed Natural Gas (CNG) to the transport sector.
  • Participating stake in the Dahej LNG Terminal and the upcoming Kochi LNG Terminal in Kerala.
  • Presence in the CNG and City Gas sectors in Egypt through equity participation in three Egyptian companies: Fayum Gas Company SAE, Shell CNG SAE and National Gas Company SAE.
  • Stake in China Gas Holding to explore opportunities in the CNG sector in mainland China.
  • A wholly-owned subsidiary company GAIL Global (Singapore) Pte Ltd in Singapore.

Today, besides gas infrastructure GAIL has also diversified into Petrochemicals, Telecom and Liquid Hydrocarbons.

Major Achievements of GAIL

  • Selected as the top Indian company in the Gas Processing, Transmission and Marketing sector for the Dun & Bradstreet – American Express Corporate Awards 2006.
  • GAIL’s Dahej-Vijaipur Pipeline Project won the Silver Medal in Mega Projects Category at the International Project Management Association Awards, 2006.
  • Received the Platts Global Industry Leadership Award 2005.
  • Rated as one of the Best Employers in India by Hewitt Associates in 2004
  • Global Platts Survey No. 1 Company among global gas utilities in terms of Return on Invested Capital (2002-03)

*I.S.R.O

The Indian Space Research is India‘s national space agency. With its headquarters in Bangalore, the ISRO employs approximately 20,000 people, with a budget of around US$815 million at March 2006 exchange rate. Its mandate is the development of technologies related to space and their application to India’s development. The current Chairman of ISRO is G. Madhavan Nair. In addition to domestic payloads, it offers international launch services. ISRO currently launches satellites using the Polar Satellite Launch Vehicle and the GSLV for geostationary satellites.

Since its formation, ISRO has launched numerous satellites; they include the IRS (Indian Remote Sensing) satellite series, the INSAT (Indian National Satellite) series (in Geo-Stationary orbit), the GSAT series (launched using GSLV) and METSAT 1 (launched by PSLV). As of 2007, the total number of satellites of all varieties built by ISRO is 45.

ISRO is nearing the completion of the development of the first mission to the Moon, named Chandrayaan-1. The launch is now expected in the first week of July 2008. It will be India’s first step towards exploration of deep space. In 2005, the Indian government approved Rs.364 crore (3,640,000,000) Indian rupees for the planned moon mission expected to be launched by 2008. Apart from ISRO made instruments, Chandrayaan carries science instruments from NASA and ESA as opportunity payloads free of cost and with the understanding of sharing the data from the instruments. If the mission goes as planned, ISRO would be the sixth space agency in the world, after the Soviet Union, NASA, Japan, European Space Agency and China, to have sent an unmanned mission to the Moon. ISRO is also planning a second version of Chandrayaan named Chandrayaan-2. According to the ISRO Chairman G. Madhavan Nair, “The Indian Space Research Organisation (ISRO) hopes to land a motorised rover on the moon in 2010 or 2011, as a part of its second Chandrayaan mission”.

*D.L.F

DLF group is a leading real estate developer in India. DLF has been instrumental in putting Gurgaon on the urban landscape of India. DLF has over 220 million sq. ft. of existing development projects and 574 million sq. ft. of planned projects. It has extensive Land Reserves of 10,255 acres in various regions across India. DLF has so far developed 22 urban colonies, and an entire integrated 3,000-acre township – DLF City. DLF’s development projects across India span over 30 cities: Gurgaon, Ambala, Shimla, Amritsar, Jalandhar, Ludhiana, Sonepat, Panipat, Chandigarh, Panchkula, Noida, New Delhi, Jaipur, Indore, Ahemdabad, Baroda, Lucknow, Faridabad, Mumbai, Pune, Nagpur, Goa, Kochi, Kokkanad, Chennai, Bangalore, Vytilla, Coimbatore, Hyderabad, Bhubhaneshwar and Kolkata.

The DLF Group was founded by Chaudhury Raghuvendra Singh in 1946. DLF developed some of the first residential colonies in Delhi such as Krishna Nagar, South Extension, Greater Kailash, Kailash Colony and Hauz Khas. In 1957, with the passage of Delhi Development Act, the government assumed the control of real estate development activities in Delhi and the role of private real estate developers was restricted. As a result DLF began acquiring land at relatively low cost outside the area controlled by the Delhi Development Authority, particularly in the district of Gurgaon in the adjacent state of Haryana. In 1975, DLF commenced development of DLF Qutab Enclave, which has evolved into DLF City – DLF’s landmark project. Today, DLF City is spread over 3,000 acres in Gurgaon and is an integrated township, which includes residential, commercial and retail properties in a modern city infrastructure with schools, hospitals, hotels and shopping malls. In 1989, DLF ventured into community shopping centres. In 1991, it ventured into 1st Grade Office space and in 2002, DLF ventured into organized retail complexes.

Traditionally, DLF’s core business was made up of 3 prime divisions; residential, commercial and retail. DLF has added 3 more divisions; hotels, infrastructure and SEZs (Special Economic Zones). DLF has made significant progress in pursuing new business opportunities in hotel, infrastructure and SEZs. DLF and Laing O’Rourke, UK are strategic partner in several infrastructure projects. Laing O’Rourke is a global leader in construction. Through this joint venture (JV) the DLF plans to enter projects in the sectors of expressways and airports. For its commitment to quality, trust and customer sensitivity, DLF has earned the coveted ‘Superbrand’ ranking. DLF is the only company in India in the Consumer validated category from the real estate sector to have been awarded this distinction.

Major Achievements of DLF

  • DLF is the only company in India in the Consumer validated category from the real estate sector to have been awarded ‘Superbrand’ ranking.
  • Received the ‘Corporate Buildings Award’ in March 2005 instituted by the leading construction design magazine ‘Indian Architect and Builders’.
  • Awarded by Haryana Urban Development Authority (HUDA) for ‘Excellence in Horticulture Preservation’.


*GMR

GMR Group is an upcoming corporate group in India with diverse business interests in Infrastructure and manufacturing sector. In Infrastructure sector, GMR Group has interests in Energy, Roads and Airports. In manufacturing sector, the group’s activities span Sugar and Ferro alloys. GMR Group is also engaged in the fields of Education, Health, Hygiene and Sanitation, Empowerment & Livelihoods and Community-Based Programmes. The group was founded in 1978 by Shri G.M. Rao.

Business Interests of GMR Group

Energy: GMR Group operates three power plants: GMR Energy Ltd. in Mangalore, GMR Power Corporation Pvt. Ltd. in Chennai and Vemagiri Power Generation Ltd. in Andhra Pradesh. GMR’s Mangalore Power plant uses environment friendly fuel and combined cycle gas turbine technology to achieve maximum thermal efficiency. The plant received the ISO 14001 and OHSAS 18001 certifications from Det Norske Veritas for its compliance with internationally-benchmarked environmental standards. GMR Power Corporation Pvt. Ltd operates a 200 MW power plant in Chennai and supplies the entire power to the Tamil Nadu State Electricity Board. Chennai plant too has received ISO 14001 and OHSAS 18001 certifications. Vemagiri Power Generation is a natural gas based thermal power plant with an installed capacity of 388.5 MW. Besides these power plants the GMR Group is developing three more power projects: GMR Badrinath Hydro Power Generation Pvt. Ltd. in Alaknanda, Uttarakhand, Kamalanga Power Project in Orissa and the Talong Power Project in Arunachal Pradesh.

Airport: GMR Group is developing a world-class Greenfield international airport in Shamshabad, Hyderabad and modernizing and expanding the Indira Gandhi International Airport in New Delhi. A consortium of GMR Infrastructure Malaysia Airports Holdings and Turkey’s Limak recently bagged the contract to build Istanbul’s second airport.

Roads: GMR Group has completed a 4 lane Highway between Tuni-Anakapalli on NH-5 in Andhra Pradesh for a distance of 60 km and the other between Tambaram-Tindivanam on NH-45 in Tamil Nadu for a distance of 93 km. The company has bagged four more projects. These include: 35 km Ambala-Chandigarh road project, 107 km Adloor-Yellareddy-Gundla Pochanpalli stretch , 58 km Thondapalli-Jadcherla project on NH-7 in Andhra Pradesh and the 71 km Tindivanam-Ulunderpet stretch on NH-45 in Tamil Nadu.

Agri-Business: GMR Group has a sugar plant located at Sankili in Srikakulam district of Andhra Pradesh and is setting up two more sugar plants in Karnataka.

Ferro Alloys: GMR Ferro Alloys and Industries Ltd has an ISO 9001 certified plant located in the Tekkali district of Andhra Pradesh. It manufactures internationally accepted high carbon ferro-chrome for the stainless steel industry.


CIUSINES

*Indian food rules the world

My white English beloved and I glare at each other, a chasm between us caused by race, colonial history and the bit of smoked haddock I told him not to buy because it smelt a bit funny.

I was brought up by Marxists who had very little time for the British Raj, no matter how efficient the railways they left us. Nowhere was their disdain for the colonial oppressors greater than on the subject of food.

The damning opinion of most Asians I know, and certainly those of middle age or older, is that the British know nothing about food and what little they do know consists simply of “fish and chips”. Of course this is as inaccurate as saying that all Indian food comes down to a chicken tikka masala from your local Taj Mahal takeaway.

The former opinion leaves out the subtleties of a good Cornish pastie, the perfect Eccles cake, the joys of bubble and squeak and, let’s not forget, my personal favourite – Yorkshire puds.

Regional British cuisine is fabulous but it’s not a patch on Indian food. There is a reason for this bold assertion. Take one of my desert island favourites – the Sunday roast. Raan with some dum aloo is simply a better Sunday roast. Raan is a roast leg of lamb slow cooked till the meat just falls off the bone and each bite is a symphony of taste and texture. There’s no getting away from a good raan.

The epic list of Indian delicacies also finds an alternative for tatties in dum aloo (steamed potatoes) or jeera aloo (cumin potatoes). Both have taste on their side while traditional roasties are all about the floury texture of a good baking potato. In fact the only British dish I have yet to find a better Indian equivalent for is Yorkshire puds, probably the reason why they’re my favourite.

This prejudice toward my own background’s cooking is not usually an issue between us, as most Englishmen love a curry but Anglo-Indian cuisine brings out the knives. I am offended by the history of colonialism and see dishes like kedgeree and mulligatawny soup as delicious deviants, treacherous treats, that speak of a time when the British ruled over us. I resent that something created from such an unjust occupation can taste so damn good.

I also have a terrible secret that I’ve told no-one, certainly not my mother. British food is not a patch on Indian food for quality and taste, but I prefer it. I love a bit of toad in the hole, followed by ye olde spotted dick. There’s nothing I like better than sneaking off for a pub lunch somewhere traditional and preferably rural. I’d pick an English meal over an Indian one most days of the week. I eat with the enemy.


IT SECTOR

*Satyam

Satyam Computer Services Ltd is one of the leading global consulting and IT services company that offers end-to-end IT solutions for a range of key verticals and horizontals. Satyam Computers has domain expertise in verticals such as Automotive, Banking & Financial Service, Insurance & Healthcare, Manufacturing, Telecom, Infrastructure, Media, Entertainment, and Semiconductors.

Satyam has nearly 40,000 employees on its rolls, working in development centers in India, the USA, the UK, the UAE, Canada, Hungary, Singapore, Malaysia, China, Japan and Australia. Satyam Computers’ network is spread over 55 countries across 6 continents. Satyam serves over 558 global companies including over 163 Fortune 500 corporations.

Satyam Computers was founded in June 1977 as a private limited company by Ramalinga Raju along with one of his brothers-in-law, DVS Raju. In June 1991, Satyam Computers got its first Fortune 500 Client. In the same year in August, Satyam Computers was recognized as a Public Limited Company. Satyam went public in May 1992 and its issue was oversubscribed 17 times. In July 1993, Satyam entered into a joint venture with Dun & Bradstreet. Satyam was awarded ISO 9001 Certification in March 1995. In December 1995, Satyam Infoway was incorporated. In May 1997, Satyam became the first Indian IT Company to get ITAA Certification for Y2K Solutions. In November 1998, Satyam became one of the first companies to enter Indian Internet service market with the launch of Satyam Infoway’s ISP Service. In the same year Satyam entered into a joint venture with GE. In 1999, Satyam Infoway became the first Indian Internet company to be listed on NASDAQ. In February 2000 Satyam was declared one of ‘100 Most Pioneering Technology Companies’ by World Economic Forum, Davos. In May 2000 Satyam became the first organization in the world to launch Customer-Oriented Global Organization training. In March 2001 Satyam became first ISO 9001:2000 Company in the world as certified by BVQI. In May 2001 Satyam was listed on New York Stock Exchange. In 2003, Satyam announced business continuity center in Singapore, the first of its kind outside India. In 2004, Satyam opened new development center in Mississauga, Canada. In 2005 Satyam acquired 100% stake in Singapore based Knowledge Dynamics, a leading Data Warehousing and Business Intelligence solutions provider.

Achievements of Satyam Computers:

  • First Indian IT Company to get ITAA Certification for Y2K Solutions.
  • Satyam Infoway is the first Indian Internet company to be listed on NASDAQ.
  • Declared one of ‘100 Most Pioneering Technology Companies’ by World Economic Forum, Davos in the year 2000.
  • First organization in the world to launch Customer-Oriented Global Organization training.
  • First ISO 9001:2000 Company in the world as certified by BVQI.
  • Ranked by the Brown-Wilson Group as the number two outsourcing vendor globally in the year 2006.

*Polaris

Polaris Software Lab Ltd is one of India’s leading software companies. Polaris has intimate understanding of the Money business and provides solutions and services to some of the world’s leading giants in the money vertical. Polaris has expertise on Investment Banking, Retail Banking, Credit Cards, Corporate Banking, Life Insurance etc. Polaris has a strong global presence with Sales and Marketing and Development centers spanning across 22 locations in over 14 countries. Headquartered in Chennai (India), Polaris has operations in Canada, United States, United Kingdom, Germany, France, Switzerland, Ireland, Singapore, Australia, Saudi Arabia, Bahrain, UAE and Japan.

Polaris Software Lab Ltd was incorporated in 1993. Polaris started providing end to end retail banking solution for Citibank India in 1994. In 1995, Polaris’ quality processes were aligned to SEI CMM Level 3. First overseas development center of Polaris was commissioned for Citibank in 1997. In the same year wholly-owned subsidiaries of Polaris were formed in US and Singapore. In 1998, Polaris formed a Wholly-owned subsidiary in UK. In the same year quality processes of Polaris were aligned to SEI CMM Level 4 and ISO 9001 certified. In 1998, Polaris Retail Infotech Ltd. formed in Chennai. In 1999, Polaris went public and was listed on the major stock exchanges. In 2000, wholly owned subsidiaries of Polaris were formed in Germany, Switzerland and Australia. In 2001, Polaris became the first company in the world to be assessed and certified CMMi Level 5. In the same year it formed wholly-owned subsidiaries in Japan and Ireland. In 2004, Polaris Software Lab Ltd. was 2004 BS7799 certified. In 2005, subsidiary of Polaris was incorporated in Canada, and in 2006 Polaris Software entered Belfast. Today, Polaris has more than 750 Domain experts and over 8500 associates.

Major Achievements of Polaris Software Lab Ltd:

  • World’s first CMMi (Capability Maturity Model Integrated) Level 5 Certified company.
  • CAGR of over 70%, the highest among all the IT organizations in India.
  • BS7799 certified
  • 22 relationship offices across 14 countries.
  • More than 750 Domain Experts


*HCL

HCL (Hindustan Computers Limited) is a leading global Technology and IT enterprise whose range of services spans Product Engineering and Technology Development, Application Services, BPO Services, Infrastructure Services, IT Hardware, Systems Integration, and Distribution of Technology and Telecom products in India. The HCL Enterprise comprises two companies listed in India: HCL Technologies and HCL Infosystems. HCL Technologies is the IT and BPO services arm focused on global markets, while HCL Infosystems deals in the IT, Communication, Office Automation Products & System Integration arm focused on the Indian market. Today, HCL has 45,000 employees of diverse nationalities, operating across 17 countries including 360 service centers in India. HCL has global partnerships with several leading Fortune 1000 firms, including several IT and Technology majors.

Shiv Nadar is the founder of HCL. He founded HCL in 1976 in a Delhi “barsaati”. In 1978, HCL developed the first indigenous micro-computer at the same time as Apple and 3 years before IBM’s PC. In 1980, HCL introduced bit sliced, 16-bit processor based micro-computer. In 1983, HCL Indigenously developed an RDBMS, a Networking OS and a Client Server architecture, at the same time as global IT peers. In 1986, HCL became the largest IT company in India. In 1988, HCL introduced fine grained multi-processor Unix-3 years ahead of “Sun” and “HP”. In 1991, HCL entered into a joint venture Hewlett Packard and HCL-Hewlett Packard Ltd. was formed. The joint developed multi-processor Unix for HP and heralded HCL’s entry into contract R&D. In 1997, HCL Infosystems was formed. In the same year HCL ventured into software services. In 1999, HCL Technologies Ltd issued an IPO and became a public listed company. In 2001, HCL BPO was incorporated and HCL Infosystems became the largest hardware company. In 2002, software businesses of HCL Infosystems and HCL Technologies were merged. In 2005, HCL set up first Power PC architecture design centre outside of IBM. In the same year HCL Infosystems launched sub Rs.10,000 PC. In 2006, HCL Infosystems became the first company in India to launch the New Generation of High Performance Server Platforms Powered by Intel Dual – Core Xeon 5000 Processor. Today, HCL has a turnover of over US$4billion.

Major Achievements of HCL

  • Developed the first indigenous micro-computer in 1978.
  • Indigenously developed an RDBMS, a Networking OS and a Client Server architecture in 1983.
  • In 1986, HCL becomes the largest IT company in India.
  • HCL introduced fine grained multi-processor Unix-3 years ahead of “Sun” and “HP”.


*Moser Baer

Moser Baer is a world leader in the development and manufacture of removable data storage media. Incorporated in 1983, the company is today one of India’s leading technology companies and ranks among the top three optical storage media manufacturers in the world. Headquartered in New Delhi, India, it has a broad and robust product range of floppy disks, compact discs (CDs) and digital versatile discs (DVDs).

A pioneer among globalizing Indian firms, Moser Baer has a presence in over 82 countries, serviced through six marketing offices in India, the US and Europe, and enjoys strong tie-ups with all major global technology brands. Simultaneously, with the launch of the ‘moserbaer PRO’ label in India, the company has emerged as the preferred choice in this burgeoning captive market. The result: Strong growth—with revenues growing at a five-year CAGR of over 42 per cent.

It is this focus on building relationships responsibly that places Moser Baer at the forefront of digital
media technology.

*SanDisk

SanDisk Corporation (NASDAQ: SNDK) is an American multinational corporation which designs and markets flash memory card products. SanDisk was founded in 1988 by Eli Harari and Sanjay Mehrotra, non-volatile memory technology experts. SanDisk became a publicly traded company on NASDAQ in November 1995. In January 2008 its market capitalization was US$6.5 billion. SanDisk produces many different types of flash memory, including various memory cards and a series of USB removable drives. SanDisk markets to both the high-end and low-end sector demand for premium quality flash memory; and markets to other equipment makers as well as direct to consumers.

The company is headquartered in Milpitas, California, with offices or manufacturing facilities in 10 locations in Asia, 6 locations in Europe, and 3 locations in Israel.

*Hotmail

Hotmail (officially Windows Live Hotmail) is a free webmail service of the Windows Live brand provided by Microsoft. It originates from Hotmail, originally founded by Jack Smith and Sabeer Bhatia and launched in 1996. It was one of the first free webmail services. Hotmail was acquired in 1997 by Microsoft.

The current version was officially announced on November 1, 2005 as an update to Microsoft’s existing MSN Hotmail service. After a period of beta testing, it was officially released to new and existing users in The Netherlands on November 9, 2006 as a pilot market. The world wide release was on May 7, 2007, and roll-out to all existing users was completed in October 2007.

It features 5 GB of storage, patented security measures, Ajax technology, and integration with Windows Live Messenger, Spaces, Calendar and Contacts. It has over 260 million users worldwide and is available in 35 different languages.


INDIA’S ECONOMIC PROTECTION

India’s growth acceleration since 2003 represents a structural increase rather than simply a cyclical upturn. Productivity growth is driving the increase, and explains nearly half of overall growth. We expect productivity growth to continue over the medium term; thus, we project India’s potential or sustainable growth rate at about 8% until 2020. The implication is that India’s contribution to world growth will be even greater (and faster) than implied in our previous BRICs research.
• A turnaround in manufacturing productivity has been central to the ratcheting up of productivity growth. The private sector was the principal driver of this turnaround, as it improved efficiency in the face of increased competition due to the cumulative effects of a decade of reforms. The underlying reasons are: increased openness to trade, investment in information and communication technology, and greater financial deepening. These factors still have some distance to run.
• We estimate that the movement of surplus labor away from low-productivity agriculture to high-productivity industry and services contributes about 1 percentage point to annual GDP growth. Productivity in industry and services is more than 4 times that in agriculture, which employs nearly 60% of the labor force.
• India is well-positioned to reap the benefits of favorable demographics, including an ‘urbanization bonus,’ over the long term due to the continued movement of labor from rural agriculture to urban industry and services. India has 10 of the 30 fastest-growing urban areas in the world and, based on current trends, we estimate a massive 700 million people (roughly equivalent to the entire current population of Europe) will move to cities by 2050. This will have significant implications for demand for urban infrastructure, real estate, and services.

• Investment in highways (especially the Golden Quadrilateral Highway project linking the 4 major cities of Delhi, Mumbai, Kolkata, and Chennai) is expected to reduce travel times by half, help ease congestion in cities, attract activity and increase productivity.
• India’s potential growth rates could increase further, given sustained productivity growth and favorable demographics, if it can significantly increase capital accumulation. We estimate that India would need to boost its investment rate by another 16% of GDP to achieve and sustain a growth rate of 10%.
• The key threats to the growth process are from political risks, supply-side constraints to doing business, lack of education, and environmental degradation.
• Our projections of India’s potential growth are based on growth-friendly policies continuing. In particular, policies to enhance Financial sector growth, Openness to trade, Rural-urban migration, Capital formation, Education, and Environment, which we call the ‘FORCE’ factors will be critical to sustaining growth.


epilogue

The 21st century is set to become India’s ‘urban century’ with more people living in cities and towns than in the countryside for the first time in its history. India has 10 of the 30 fastest-growing cities in the world and is witnessing rapid urbanization. The growth is happening not in large cities, but in small and midsized towns. In 1991, India had 23 cities with a million or more people. A decade later, it had 35.

After ten years India will have the maximum number of billionaires in the world.

“We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made!”

Albert Einstein

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