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18 03 2011

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Top 10 Indian women leaving their mark in the corporate world

4 03 2011

Although the Indian corporate world is ruled by men, there are a few powerful women leaders heading some of the major business houses in India as well as across the globe. Here is our take on the top 10 Indian women in the corporate world.

Chanda Kochhar

icici1.jpg

Beginning her career at ICICI as a management trainee in 1984, Chanda Kocchar has conquered the steps of ranks ladder and has reached the post of the Managing Director and Chief Executive Officer of ICICI Bank in May 2009. Under the leadership of Kochhar, ICICI Bank won the the ‘Best Retail Bank in India’ award from 2001 to 2005 and ‘Excellence in Retail Banking Award’ in 2002 by The Asian Banker. She was also awarded “Retail Banker of the Year 2004, “Business Woman of the Year 2005″ and “Rising Star Award” for Global Awards 2006 by Retail Banker International. She has been consistently figured in Fortune’s list of “Most Powerful Women in Business” since 2005. She was also ranked at number 20 in the Forbes “World’s 100 Most Powerful Women list” in 2009. She was honored with Padma Bhushan Award by the Government of India in 2010.

Kiran Mazumdar Shaw

kiran.jpg

A successful entrepreneur, Kiran Mazumdar-Shaw is the Founder, Chairman & Managing Director of Biocon, the biotechnology company delivering bio-pharmaceutical solutions. She also holds the post of Chairperson of Syngene International Limited and Clinigene International Limited. She started Biocon in 1978 and spearheaded its growth to an internationally recognized bio-pharmaceutical company that focuses on diabetes, oncology and auto-immune diseases. She was awarded the Padmabhushan for her services and contributions to the biotechnology in 2005.

Naina Lal Kidwai

naina.jpg

Being the first Indian woman to graduate from Harvard Business School, Naina Lal Kidwai began her career at ANZ Grindlays (1982-1994). During 1994-2002, she worked at Morgan Stanley as Vice Chairman of JM Morgan Stanley and Head of the Investment Bank in India. In 2009, she became the Group General Manager and Country Head, HSBC India. She was repeatedly ranked in the Fortune global list of Top Women in Business, 12th in the Wall Street Journal 2006 Global Listing of Women to Watch and listed by Time Magazine as one of their 15 Global Influentials 2002. She received the Padma Shri for her work in the promotion of Trade and Industry.

Indra Krishnamurthy Nooyi

indira.jpg

Named #1 on Fortune’s list of the “50 Most Powerful Women” and #6 on Forbes’ list of the “World’s 100 Most Powerful Women” in 2010, Indra Nooyi was born in Chennai, Tamil Nadu, India. She is the Chairperson and Chief Executive Officer of PepsiCo. She is regarded as the primary architect of PepsiCo’s growth strategy from the time she took over as it’s President and CFO in 2001. She is a Successor Fellow of the Yale Corporation. She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. She was also considered as one of “The Top Gun CEOs” by Brendan Wood International in 2009.
Indu Jain

indu.jpg

Indu Jain is the Chairperson of India’s largest and most powerful media group, Bennett Coleman & Co. Ltd., which owns the Times of India and other large newspapers. She is an entrepreneur, a spiritualist, an educationalist, a patron of art and culture and a humanist. She also holds the post of the Chairperson of The Times Group. She addressed the United Nations in 2000 at the Millennium World Peace Summit of Religious and Spiritual Leaders.

Swati Piramal

swati.jpg

Dr.Swati Piramal who has a medical degree from the University of Bombay, a degree in industrial medicine and a master’s degree in Public Health from Harvard University USA, is the Vice Chairperson of Piramal Life Sciences Limited and Director of Piramal Healthcare Limited. As Director of Nicholas Piramal, she is responsible for research and development, strategic alliances, communication, knowledge management, public policy, clinical research, planning and implementation of a new clinical research organization. She has been the Vice President of Assocham in 2008 and was elected as its President in 2009.
Mallika Srinivasan

mallika.jpg

Mallika Srinivasan is the Director of Tractors and Farm Equipment Ltd (TAFE). Upon completing her MA in econometrics from Madras University, she went to the U.S. and did her MBA from the Wharton School of the University of Pennsylvania. Joining the family business in 1986, she gradually converted TAFE into a hi-technology company and within a span of 2 decades, she accelerating its revenue turnover from 85 crores to 2900 crores.

Preetha Reddy

preetha.jpg

Preetha Reddy is the Managing Director of Apollo Hospitals, one of the largest healthcare conglomerates of India. She is also one of pioneer businesswomen of India in the segment of healthcare industry. Under her leadership, the Apollo Specialty Hospital grown to a level of being known as a major oncology referral centre in Asia. Apollo is also considered to be one of the few places with facility to offer bone marrow transplantation. The hospital was first to perform cord blood transplantation in India. She was graduated in Chemistry from the University of Madras and has a post graduate degree in Public Administration.
Priya Paul

priya.jpg

Priya Paul is the Chairperson of Appeejay The Park Hotels chain of boutique hotels. She joined the company at the age of 22 after finishing her studies in Economics at the Wellesley College. With just two years of experience working under her father, she had to take charge of the hotel chain when her father Surrendra Paul was gunned down by the ULFA militants in Assam. She has been recognized by Forbes online as one of India’s 100 most powerful businesswomen. She also got many other recognitions such as Young Entrepreneur of the Year award 1999-2000, Businessperson of the year 2002-2003 etc.

Sulajja Firodia Motwani

suljaa.jpg

Sulajja Motwani is the Managing Director of Kinetic Motor Company who looks after the company’s overall business developmental activities. She also heads the Kinetic Marketing Services Limited and Kinetic Finance. She has been widely acknowledged for single-handedly designing and developing the marketing strategies to spearhead the company’s growth forward. She completed B.Com from Pune University and MBA from Carnegie Mellon University, Pittsburg after which she joined Barra International, California, an investment consulting firm in the U.S. She was rewarded with the Young Achiever’s Award for Business in the year 2002, Global Leader of Tomorrow by the World Economic Forum in 2002 and was named the “Face of the Millennium” by ‘India Today’.

http://www.siliconindia.com/shownews/Top_10_Indian_women_leaving_their_mark_in_the_corporate_world-nid-79929.html





Top 10 Indian women leaving their mark in the corporate world

4 03 2011

Although the Indian corporate world is ruled by men, there are a few powerful women leaders heading some of the major business houses in India as well as across the globe. Here is our take on the top 10 Indian women in the corporate world.

Chanda Kochhar

icici1.jpg

Beginning her career at ICICI as a management trainee in 1984, Chanda Kocchar has conquered the steps of ranks ladder and has reached the post of the Managing Director and Chief Executive Officer of ICICI Bank in May 2009. Under the leadership of Kochhar, ICICI Bank won the the ‘Best Retail Bank in India’ award from 2001 to 2005 and ‘Excellence in Retail Banking Award’ in 2002 by The Asian Banker. She was also awarded “Retail Banker of the Year 2004, “Business Woman of the Year 2005″ and “Rising Star Award” for Global Awards 2006 by Retail Banker International. She has been consistently figured in Fortune’s list of “Most Powerful Women in Business” since 2005. She was also ranked at number 20 in the Forbes “World’s 100 Most Powerful Women list” in 2009. She was honored with Padma Bhushan Award by the Government of India in 2010.

Kiran Mazumdar Shaw

kiran.jpg

A successful entrepreneur, Kiran Mazumdar-Shaw is the Founder, Chairman & Managing Director of Biocon, the biotechnology company delivering bio-pharmaceutical solutions. She also holds the post of Chairperson of Syngene International Limited and Clinigene International Limited. She started Biocon in 1978 and spearheaded its growth to an internationally recognized bio-pharmaceutical company that focuses on diabetes, oncology and auto-immune diseases. She was awarded the Padmabhushan for her services and contributions to the biotechnology in 2005.

Naina Lal Kidwai

naina.jpg

Being the first Indian woman to graduate from Harvard Business School, Naina Lal Kidwai began her career at ANZ Grindlays (1982-1994). During 1994-2002, she worked at Morgan Stanley as Vice Chairman of JM Morgan Stanley and Head of the Investment Bank in India. In 2009, she became the Group General Manager and Country Head, HSBC India. She was repeatedly ranked in the Fortune global list of Top Women in Business, 12th in the Wall Street Journal 2006 Global Listing of Women to Watch and listed by Time Magazine as one of their 15 Global Influentials 2002. She received the Padma Shri for her work in the promotion of Trade and Industry.

Indra Krishnamurthy Nooyi

indira.jpg

Named #1 on Fortune’s list of the “50 Most Powerful Women” and #6 on Forbes’ list of the “World’s 100 Most Powerful Women” in 2010, Indra Nooyi was born in Chennai, Tamil Nadu, India. She is the Chairperson and Chief Executive Officer of PepsiCo. She is regarded as the primary architect of PepsiCo’s growth strategy from the time she took over as it’s President and CFO in 2001. She is a Successor Fellow of the Yale Corporation. She serves as a member of the Foundation Board of the World Economic Forum, International Rescue Committee, Catalyst and the Lincoln Center for the Performing Arts. She was also considered as one of “The Top Gun CEOs” by Brendan Wood International in 2009.
Indu Jain

indu.jpg

Indu Jain is the Chairperson of India’s largest and most powerful media group, Bennett Coleman & Co. Ltd., which owns the Times of India and other large newspapers. She is an entrepreneur, a spiritualist, an educationalist, a patron of art and culture and a humanist. She also holds the post of the Chairperson of The Times Group. She addressed the United Nations in 2000 at the Millennium World Peace Summit of Religious and Spiritual Leaders.

Swati Piramal

swati.jpg

Dr.Swati Piramal who has a medical degree from the University of Bombay, a degree in industrial medicine and a master’s degree in Public Health from Harvard University USA, is the Vice Chairperson of Piramal Life Sciences Limited and Director of Piramal Healthcare Limited. As Director of Nicholas Piramal, she is responsible for research and development, strategic alliances, communication, knowledge management, public policy, clinical research, planning and implementation of a new clinical research organization. She has been the Vice President of Assocham in 2008 and was elected as its President in 2009.
Mallika Srinivasan

mallika.jpg

Mallika Srinivasan is the Director of Tractors and Farm Equipment Ltd (TAFE). Upon completing her MA in econometrics from Madras University, she went to the U.S. and did her MBA from the Wharton School of the University of Pennsylvania. Joining the family business in 1986, she gradually converted TAFE into a hi-technology company and within a span of 2 decades, she accelerating its revenue turnover from 85 crores to 2900 crores.

Preetha Reddy

preetha.jpg

Preetha Reddy is the Managing Director of Apollo Hospitals, one of the largest healthcare conglomerates of India. She is also one of pioneer businesswomen of India in the segment of healthcare industry. Under her leadership, the Apollo Specialty Hospital grown to a level of being known as a major oncology referral centre in Asia. Apollo is also considered to be one of the few places with facility to offer bone marrow transplantation. The hospital was first to perform cord blood transplantation in India. She was graduated in Chemistry from the University of Madras and has a post graduate degree in Public Administration.
Priya Paul

priya.jpg

Priya Paul is the Chairperson of Appeejay The Park Hotels chain of boutique hotels. She joined the company at the age of 22 after finishing her studies in Economics at the Wellesley College. With just two years of experience working under her father, she had to take charge of the hotel chain when her father Surrendra Paul was gunned down by the ULFA militants in Assam. She has been recognized by Forbes online as one of India’s 100 most powerful businesswomen. She also got many other recognitions such as Young Entrepreneur of the Year award 1999-2000, Businessperson of the year 2002-2003 etc.

Sulajja Firodia Motwani

suljaa.jpg

Sulajja Motwani is the Managing Director of Kinetic Motor Company who looks after the company’s overall business developmental activities. She also heads the Kinetic Marketing Services Limited and Kinetic Finance. She has been widely acknowledged for single-handedly designing and developing the marketing strategies to spearhead the company’s growth forward. She completed B.Com from Pune University and MBA from Carnegie Mellon University, Pittsburg after which she joined Barra International, California, an investment consulting firm in the U.S. She was rewarded with the Young Achiever’s Award for Business in the year 2002, Global Leader of Tomorrow by the World Economic Forum in 2002 and was named the “Face of the Millennium” by ‘India Today’.

http://www.siliconindia.com/shownews/Top_10_Indian_women_leaving_their_mark_in_the_corporate_world-nid-79929.html





Continuous Social Business need of the hour: Mukesh Ambani

4 03 2011

Amid the debate over making it mandatory for companies to spend at least 2 percent of profits on CSR activities, RIL Chairman and India’s wealthiest person Mukesh Ambani suggested improving corporate social responsibility to Continuous Social Business.

“The purpose of any business cannot be only profit. Profit for the shareholders is important. But unless entrepreneurs have a larger purpose and businesses that change lives of millions of people, a sustainable business cannot be created,” he said at FICCI‘s Annual General Meeting here.

Continuous Social Business need of the hour: Mukesh Ambani

“We will have to move from a model of Corporate Social Responsibility to a model of Continuous Social Business through enterprise and entrepreneurship,” he said. “For that, we will have to create world class institutions with a soul.”

“It is important to get the business of businesses right,” he said, adding that the primary responsibility of business is social improvement.

The Parliamentary Standing Committee on Finance has proposed that companies should spend at least 2 percent of their annual profits on CSR activities, but the industry has opposed the proposal.

Calling for increased spends from the government in healthcare and education, Ambani said that outlays in healthcare formed only 1 percent of India’s GDP, which he said needs to grow at least five-folds.

“Our demographic dividend, the youth and the young, are largely unprotected and uncared for. We will need to radically transform healthcare delivery to all our people,” he said.

“Current food prices justify heavy investment and job creation has to be through agriculture and rural economic growth,” Ambani said. He foresees an additional billion opportunity for India in agriculture output.

The opportunity in Indian agriculture is as big as it is in energy, he said, adding that the country needs more policies like the liberalisation policy of 1991.

Stating that a large untapped opportunity existed for India to boost its under-leveraged consumer class, Ambani said the country’s per capita income is less than one-third of China, while its per capita energy consumption is minuscule.

“Less than 1 per cent of our population uses credit cards for transactions and consumer loans are about 10 percent of the total loan disbursals, representing an under-leveraged consumer class,” Ambani said.

He said that India has grossly under-performed both in expanding access and improving the quality of education.

“In a fast moving world, we have not managed to make our education system contemporary,” he said.

http://www.siliconindia.com/shownews/Continuous_Social_Business_need_of_the_hour_Mukesh_Ambani-nid-79818.html





MySQL Enable Remote Login

2 03 2011

use mysql;
grant all privileges on *.* to ‘root’@’%’ identified by ‘your password’ with grant option;
flush privileges;





Top 10 reasons why start-ups fail

2 03 2011

Have you ever wondered what makes entrepreneurs a rare breed? It’s because very few start-ups actually triumph in their endeavor. According to a research done by the U.S. Bureau of Labor Statistics, nearly six in ten businesses shut down within the first four years of operation. This is surely abstemious for anyone tempted to invest their time and personal savings into launching a new business. So what are the factors that turn out to be the obstacles in keeping a new business afloat in the perilous waters of the entrepreneurial sea? Mentioning below are the top ten reasons that, if not avoided, can sink a start-up.

1. Ignoring customer feedback

feedback1.jpg

For most start-ups, tunnel vision and not gathering user feedback are fatal flaws. If you ignore your users, it will be a tried and true way to fail. Listening to your customers, and more important, acting on the feedback they give is one of the best ways to transform a struggling business into a successful one. Customers are ultimately the ones responsible for the company’s paycheck. By listening to their needs and desires, you can tailor your product and service to better meet their demands.

2. Poor management

poormang.2.jpg

In most cases, new business owners don’t have relevant business and management expertise in key areas like finance, purchasing, selling, production, and hiring and managing employees. It can soon lead them to a disaster. Poor management also results in poor strategic thinking. To avoid that there should be a regular study, planning and controlling of all the operations of a start-up. A successful manager is the key element in a successful company, because he or she is responsible for creating a work climate that encourages productivity.

3. Poor Execution

execution.3.jpg

It’s the fine execution rather than a clever idea that matters the most in avoiding the downfall of most start-ups. In order to make a crisp execution, a start-up needs to evaluate skills and should pursue opportunities that are aligned with its strengths. Not only start-ups, even established companies can also stumble badly when they outgrow the capabilities of the founding team.

4. Lack of funding

nofund.4.jpg

Entrepreneurs mostly underestimate the amount of time and capital necessary to reach cash flow breakeven, which is the reason why many promising ventures shut down prematurely. It’s very important to be conservative with financial projections and then plan for enough funds when you launch to cover all sunk costs, including startup losses, until your company becomes cash flow positive.

5. Failure to manage operating cost efficiently

cost.5.jpg

Many failed start-ups have cited that the question of how to spend money was a frequent challenge and reason for their failure. It’s a really tough act to decide whether to spend significantly upfront to get the product the off the group or to develop gradually over time. If a proper decision is not taken, it’s possible that the start-up will run out of cash to keep going.

6. Going after too small market

small.6.jpg

You may have the best products and services. But, will it make any huge difference if the market is too small or non-existent? Of course not. You should develop product after having researched the market and determining the existing opportunities. Developing a technology looking for a problem can make a start-up hankering after a small market, which is not helpful for it at any cost.
7. Disharmony between founders

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Generally, a start-up is a high-stress environment. Hence, disagreements among the owners about its directions or even division of profits can result into a crack within the tam. And if a key executive leaves in such a situation, it can bring a doomsday for a fledgling organization.

8. Lack of vision

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Lack of proper vision or focus is another vital reason for failure. Get one thing out on the market and focus on the product is very important. Otherwise you risk ending up with too many almost finished products that are not valuable to customers or you.
9. Poor marketing

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For a start-up to become successful, it’s very important to know its target audience and the trick to get their attention and convert them to ultimate customers. In almost 30 percent of start-up failures, ineffective marketing was a primary cause of failure. Every start-up should ensure that it has someone who can find distribution channels and develops business relationships for the company.

10. Product that never comes out of development

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Developing the right product in accordance with the market need and releasing it in the market in time is very crucial for any company to survive. If the product never comes out of the development phase, it can easily lead the start-up to the verge of its end.
http://www.siliconindia.com/shownews/Top_10_reasons_why_startups_fail-nid-79809.html





Top five destinations for tech lovers

2 03 2011

Are you a Geek? Do you want to go for a holiday? Which place you would love to visit? Well, you must be thinking, the places where you want to go should have all the elements that fulfills your intellectual needs as well as your holiday purpose. IT professionals usually prefer to visit places where they may find something related to technology, places that are epitome of technological research and inventions and that have captured and preserved the remains of tech innovations and history. They will find these places interesting and would love to visit such places.

Kennedy Space Center (KSC): The NASA’s John F Kennedy space center is located on Merritt Island, Florida. The space center manages and operates America’s astronaut launch facilities. It can be the best attraction for the IT professionals. There is option for one day trip to Kennedy Space center from Orlando. There are options while get into the center, there will be “Dine with an astronaut” option and also the shows of IMAX films. People can visit the NASA’s launch headquarters as well.

KENEDYFINA.jpg

European Organization for Nuclear Research (CERN): CERN is founded in 1954, located astride the Franco ,Swiss border near Geneva. This center is one of the most respected centers for scientific research. World’s largest and most complex scientific instruments are used to study the basic constituents of matter at CERN. World Wide Web (WWW) was created in the same place.

So IT professionals have lots to see and learn from this place where all the things are related to technology.

CERNFINAL.jpg

International Spy Museum: This museum is located in Washington DC. It is one of the few museums in Washington that charges admission fees. Here visitors can learn about Microdots and invisible ink, buttonhole cameras and submarine recording. Technical people will be very much benefited from this visit to the museum.

The Computer History Museum: The Computer History Museum was built in 1996, it’s located in California. This Museum has three key exhibits, “Mastering the Game”, “history of computer chess”, and “Innovation in the valley.”The place also has some rare objects like Cray-1 supercomputer, Cray-2, Cray-3. There is lot of things to explore in this place. People will get to know much technical information here.

COMPFINAL.jpg

Jet Propulsion Laboratory (JPL): JPL is located in the outside of Los Angeles. The key function of the JPL is to construction and operation of robotic planetary spacecraft. The lab also conducts Earth-orbit and astronomy missions. JPL also operates the NASA’s Deep Space Network. It offers free tour that includes a multimedia presentation on JPL, visits to the Spacecraft Assembly Facility and live demonstrations of JPL science and technology.

JPLFINAL.jpg

You just got a glimpse of the five places that we presented to you.If you want to explore more here are some of the similar places, Chicago Museum of Science and Industry, German Museum of Technology, Bletchley Park, England.

http://www.siliconindia.com/shownews/Top_five_destinations_for_tech_lovers-nid-79771.html





Salary earners with income till 5 Lakh need not file returns

1 03 2011

Salary earners having an income of less than Rs 5 lakhs will not have to file tax returns from this year, a finance ministry official said.

“Salaried people, may be up to Rs 5 lakh…they need not file the (income tax) return,” CBDT chairman Sudhir Chandra told reporters at the customary post-Budget press conference.

Salary earners with income till Rs. 5 Lakh need not file returns

The exemption from filing tax returns come into effect from the assessment year 2011-12.
In case such a salary earner has income from other sources like dividend, interest etc. and does not want to file returns, he will have to disclose such income to his employer for tax deduction, Chandra said.

The government, he said, is working out a scheme and will notify it “very soon”.

The Form 16 issued to salaried employees will be treated as Income Tax Return, he added.

http://www.siliconindia.com/shownews/Salary_earners_with_income_till_Rs_5_Lakh_need_not_file_returns-nid-79726.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber








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