Friday, December 18, 2009

Naina Lal Kidwai



 

Naina Lal Kidwai, Group General Manager and Country Head, HSBC India. Here is what she says "I have always believed that one must have a dream, set goals, do one's best and not worry about the results." Raised in Mumbai and Delhi, Naina Lal Kidwai did her initial schooling from Shimla. After obtaining her BA degree in Economics (Honours) from Delhi University, she went on to do her MBA from Harvard Business School and is the first Indian woman to graduate from the school. She started her career with ANZ Grindlays Bank (now Standard Chartered Bank) in 1982 and rose through the ranks working on assignments in retail and investment banking. In 1994 she moved to Morgan Stanley to start up their India operations. Through a subsequent joint venture with the London investment bank J. M. Financial, Naina Lal Kidwai expanded Morgan Stanley's impact in the country. She joined HSBC's investment banking and securities business in the year 2002 as the Vice Chairman and Managing Director in India. She has led several landmark deals for Indian Companies such as the NYSE listing of Wipro, privatizations of companies like Maruti, GAIL and several merger and acquisition deals.

Married and a mother of two children, Naina is a devotee of western and Indian classical music, enjoys trekking in the Himalayas, and is passionate about wildlife. For Naina the real mantra for happiness lies in recognizing one's inner strengths and doing one's best.

Naina Lal Kidwai's Specialties:

In 2007, she was awarded the Padma Shri, one of the highest civilian awards bestowed by the Government of India, for her exemplary work in the field of Trade and Industry.

Experience

Naina Lal Kidwai has become the first woman to head the operations of a foreign bank in India. The deputy chief executive officer of the Hong Kong and Shanghai Banking Corporation has taken over as chief executive from Niall SK Booker, who is to move to Dubai as deputy chairman and CEO of HSBC Bank in the Middle East.

Ms Kidwai has been deputy chief executive officer of HSBC in India since June '04. She joined HSBC in November '02 as vice-chairman and managing director of HSBC Securities and Capital Markets India, prior to which, she was vice-chairman at investment bank JM Morgan Stanley.

Ms Kidwai oversees operations spread across 43 branches in 22 cities. As on March '05, the bank had deposits of over Rs 17,000 crore and advances of Rs 12,600 crore.

Mr Booker had shaken up the bank's operations in India, replacing perks and benefits with cash and introducing a pay-for-performance culture in the bank. The bank had also made a play for private sector UTI Bank.

Thursday, December 17, 2009

Mallika Srinivasan




 

Mallika SrinivasanEconomic Times Businesswoman of the year 2006, she is a well known entrepreneur of India. She has always strived hard to reach for skies, but has deeply rooted her foot into the ground. She is a strong headed woman, who is leading the activities of a Company that is involved in macho business such as tractor manufacturing. She has been able to rise and stand out above all others and make a name for herself in the competitive business world of today. Well, we are talking about Mallika Srinivasan, director of the Rs 2500 crores Amalgamations Group Tafe. Mallika Srinivasan is one of the most successful women CEOs in India. In this article, we will present you with the biography of Mallika Srinivasan, so read on…

Life History

Born on November 19, 1959 as the eldest daughter of industrialist A Sivasailam, she is the pride of her parents. She was always brilliant in academics. She did her in MA (econometrics) from Madras University. Thereafter, she went abroad to pursue further studies. She did her MBA from the Wharton School of the University of Pennsylvania. Married to Venu Srinivasan, the CMD of TVS Motor, she is living happily with their two children.

In the year 1986, she planned to join the family business. She was made the General Manager of Tafe (Tractors and Farm Equipment) Company. When she took over the responsibility of furthering the economic wealth and business, the turnover of the Company was Rs 85 cr. Under the expert guidance of her father and the whole hearted support of the team, she brought about a major transformation. She converted Tafe into a hi technology-oriented company, thereby becoming the initial choice of the farmers. There was a period, when the Company had to face a tough time, however; even then, the Company invested a huge amount of over Rs 70 crores in the designing and development of product.

At present, the Company is earning a business over Rs 1,200 cr. It has been a long journey for the Company, which has witnessed many ups and downs. But, it was the strong determination of this courageous woman that slowly and steadily made the firm climb the ladders of success. Today, the Company has not only found a niche for itself as the leading tractor manufacturer, but also expanded its area of operations. It has also entered into others businesses like engineering plastics, panel instruments, automotive batteries gears, hydraulic pumps, and farm implements.

The company has had a long alliance with Massey Ferguson, which is now a part of Agco. The company is looking forward to exporting fully constructed tractors to Agco. Presently, Agro has a stake of 24% in the company and the rest lies with Simpson & Co. Presently, Mallika Srinivasan is serving as the president of premier industrial bodies like Tractor Manufacturers Association and the Madras Management Association. She is the first lady to have assumed the role of a president of the Madras Chamber of Commerce and Industry. She is also a prominent member of the governing board of the Indian School of Business, Hyderabad

Tuesday, December 15, 2009

P C Reddy


Achievement: Founder of the Apollo Hospital Group

Dr. Pratap Reddy is the founder of the Apollo Hospital Group, India's first corporate hospital group. He revolutionized the whole health care scenario of India and inspired others to follow the suit. Today, India has over 750 corporate hospitals all over the country.

Dr. Pratap Reddy came to India after serving as the Chief Resident of the Worcenter City Hospital in the US to start his practice in Madras with a modest earning of Rs 100/- per day. The idea to establish Apollo Group of Hospitals came when Dr. Reddy lost a patient who couldn't make it to Texas for an open heart surgery. This inspired Dr. Pratap Reddy to create world-class medical infrastructure in India and make it more accessible and affordable to common people. Dr. Reddy's efforts bore fruit when he succeeded in setting up the first centre of the Apollo Hospitals Group in Chennai in 1983.

Dr, Pratap Reddy soon followed this with India 's first hospital consultancy body - the Indian Hospitals Corporation - and commissioned two more Tertiary Care Centres in India. Since its inception, Apollo has demonstrated that Indian skills are equivalent to the best centres in the world and has produced world-class results in the most complicated Cadaver Transplant. Today, the Apollo Hospitals Group has over 22 centres in major cities in India and a combined turnover of over US $ 100 million.

Dr Reddy is now spreading Apollo Hospitals Group to other parts of Asia. The group opened its first clinic in Dubai in March 1999 and is coming up with projects in Sri Lanka, Africa, Bangladesh, and Oman. Dr. Reddy is currently looking at secondary health centres in semi urban and smaller cities and has already identified 23 sites for the purpose.

Dr. Pratap Reddy's latest initiatives are "Med Varsity"-a virtual medical university providing total access to experts in the field of medicine anywhere in the world- and "MEDNET" - Hospital Systems Management package. Both the initiatives are expected to transform health care sector in India
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