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Azim H.

Premji Chairman, Wipro Limited

AzimPremji has led Wipro since 1966. Then a USD 2 million hydrogenated cooking fat company, Wipro Limited is today a USD 5 billion revenue IT, BPO and R&D Services organization with presence in over 50 countries. He started at Wipro with one basic idea - to build an organization which was deeply committed to values, in the firm belief that success in business would be its inevitable, eventual outcome. Unflinching commitment to values continues to remain at the core of Wipro. Premji strongly believes that ordinary people are capable of extraordinary things and that the key to this is creating highly charged teams. He takes a personal interest in developing teams and leaders and invests significant time as a faculty in Wipro¶s leadership development programs. In Premji¶s view, the Wipro brand promise of µApplying Thought¶ is the driving force for delivering value for customers - which is the heart of business success. This has driven Wipro¶s pioneering efforts in Quality, culminating in the µWipro Way¶, which integrates the methods and practices of Six Sigma, PCMM, CMMI and Lean amongst others. It also drives Wipro¶s focus on applying innovation for direct customer benefits - improving their time-to-market, enhancing their predictability and reliability and cutting their costs. He is firmly committed to the belief that business organizations have deep social responsibility and that this must be discharged by conducting ethical and fair business, by involvement with community issues and by building an ecologically sustainable business. Wipro is deeply involved in trying to improve the quality of
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school education through its µWipro Applying Thought in Schools¶ initiative, in local community causes through µWipro Cares¶ and is determinedly committed to a journey which weaves ecological sensitivity in every aspect of its business and organization. Over the years, AzimPremji has received many honors and accolades, which he believes are recognitions for each person who has contributed to Wipro. Business Week listed him amongst the top 30 entrepreneurs in world history (July 2007), and featured him on their cover with the sobriquet ¶India¶s Tech King¶ (October 2003). Financial Times included him in the global list of 25 people who are ³dramatically reshaping the way people live, work or think´ and ³have done most to bring about significant and lasting social, political or cultural changes´ (October 2005, November 2004). Time listed him as one amongst the 100 most influential people in the world (April 2004). He was named by Fortune as one of the 25 most powerful business leaders outside the US (August 20030, Forbes listed him as one of ten people globally, who have the most ³power to effect change´ (March 2003). He was adjudged the Business Leader of the Year 2004 by the Economic Times. In 2005, he became the first Indian recipient of the Faraday Medal. The Indian Institute of Technology, Rookie and the Manipal Academy of Higher Education have both conferred honorary doctorates on him, while XLRI, Jamshedpur has conferred the Sir Jahangir Ghandy Medal for Industrial and Social Peace. In 2000, the Visvesvaraya Technological University conferred the Sir M. Visvesvaraya Memorial Award on him and the Institute of Electronics and Telecommunication Engineers conferred on him its highest honor - the Honorary Fellowship. He is a non-executive Director on the Board of the Reserve Bank of India. He is also a member of the Prime Minister¶s Committee for Trade and Industry in India. In January 2005, The Government of India conferred upon him the Padma Bhushana, one of the highest civilian awards in the country. In the year 2001, Premji established the AzimPremji Foundation, a not-for-profit organization with a vision to significantly contribute to quality primary education for every child, in order to build a just, equitable and humane society. The financial resources to this foundation have been personally contributed by Premji. The current programs of the AzimPremji Foundation engage 2.5 million children in
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more than 17,000 schools across India. In October 2006, the Foundation was recognized as the Corporate Citizen of the year by the Economic Times. AzimPremji is a graduate in Electrical Engineering from Stanford University, USA. AzimHashimPremji is an Indian business tycoon, philanthropist and the chairman of Wipro Limited, a group company that holds Wipro Technologies, India's third largest software development companies. According to Forbes, he is currently the third richest Indian with a personal wealth of US$17 billion in 2010.. In 2000, he was voted among the 20 most powerful men in the world by Asia week. He was also among the 50 richest people in the world from 2001 to 2003 according to Forbes.[2] In April 2004, he was rated among the 100 most influential people in the world by Time magazine. His assets include 74% of Wipro. Wipro Limited, which dealt in hydrogenated cooking fats along with consumer products, grew from a company of US $2.5 million to a giant of $1.4 billion under Premji's leadership. Wipro Technologies, one of its group companies, is one of India's largest software companies and is ranked among the top 100 technology companies globally.

Personal life
Premji was born in Karachi, then British India, to a GujaratiKhoja, ShiaIsmaili Muslim family. His father M. H. Premji owned the Western India products (which later became Wipro Ltd.) which made hydrogenated vegetable oils and fats. His grandfather was the rice king of Burma. His father had declined an invitation from Muhammed Ali Jinnah to go to Pakistan.[6] While he completed his initial education at St. Mary's School, Mumbai, Premji was forced to leave his studies in electrical engineering from Stanford University, California, USA at the age of 21 to take over the family business when his father, M.H. Premji, suddenly died in 1966. He has since after a gap of over thirty years completed his degree in Electrical Engineering. When AzimPremji 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.[8] The Amalner-based vanaspathi manufacturing company, the Western India product later became Wipro Products Ltd, Wipro Technologies and Wipro Corporation. Under Premji¶s leadership Wipro embarked on an ambitious phase of expansion and diversification. The
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with a net worth of $17 billion. Nokia. the couple has two children. under a special license from Sentinel. Wipro works with leading global companies. medical systems. such as Alcatel. In 2000.). shampoos.5 million company in hydrogenated cooking fats grew within a few years to a $662 million diversified. Wipro became involved in manufacturing computer hardware. He drives a Toyota Corolla and flies economy class. Honors and awards Premji has been recognized by Business Week as one of the Greatest Entrepreneurs for being responsible for Wipro emerging as one of the world¶s fastest growing companies. technology products and consumer items with offices worldwide. from the Aligarh Muslim University on the 18th of June. 4 . Wipro Technologies. The company¶s IT division became the world's first to win SEI CMM level 5 and PCMM Level 5 (People Capability Maturity Model) certification.Litt. he was one of the wealthiest people in India. he was conferred an honorary doctorate by the Manipal Academy of Higher Education. an honorary degree. Premji is married to Yasmeen. software development and related items. Wipro Fluid Power business unit manufacturing hydraulic cylinders and truck tippers was started. 2008 on the occasion of 58th Convocation Ceremony of the University. the latest in quality standards. baby care products. As on March 9. But Premji¶s ambitions did not stop there. Thus. Rishad and Tariq. the $1. integrated corporation in services. Rishad is married to Aditi and is currently the Chief Strategy Officer of IT Business. He was awarded a Doctor of Letters (D. In the 1980s Wipro entered the IT field. powder etc. prefers to stay in company guest houses rather than luxury hotels and even served food on paper plates at a lunch honoring his son's wedding. 2010. taking advantage of the expulsion of IBM from the Indian market in 1975. Cisco. A large percentage of the company¶s revenues are generated by the IT division.Company began manufacturing light bulbs with General Electric and other consumer products including soaps. In 1975. Premji is known for his modesty and frugality in spite of his wealth. Ericsson and Nortel and has a joint venture in Medical Systems with General Electric Company. As a result.

In 2005 the government of India honored him with the title of Padma Vibhushan for his outstanding work in trade and commerce. a learning guarantee programme. six for Orissa. They are: y y y y Friendly Animals and Journey on the Clouds (English) Swatantra Divas Fun with Chinchoo in Mathematics Khel-Mel (Hindi). The Foundation was set up with financial resources contributed by AzimPremji. 14 for Gujarat. he was awarded an honorary doctorate from Wesleyan University in Middletown. AzimPremji Foundation says it "dedicates itself to the cause of Universalization of Elementary Education in India". which can be simultaneously used as if they are three independent computers". three keyboards and three 'mouses'. With these. particularly in rural schools.000 students took part in early 2005). Five new titles of educational CDs for Indian schools were produced earlier in 2005. Programmes of the AzimPremji Foundation focus on "creating effective and scalable models that significantly improve the quality of learning in the school and ensure satisfactory ownership by the community in the management of the school". Connecticut for his outstanding philanthropic work. AzimPremji Foundation The AzimPremji Foundation says it "Aims at making a tangible impact on identified social issues by working in active partnership with the Government and other related sectors of society". the Foundation reported: "Think of a single PC with three display terminals. released in February 2005. Citing a technology initiative. and a policy planning unit in Karnataka.In 2009. 18 for Urdu medium schools. 3 for Punjab and 1 for Kerala. 35 for Tamil Nadu and Pondicherry. There are now 68 titles in Karnataka. The organisation has over the years been instrumental in improving the quality of general education. 42 for Andhra Pradesh. This Foundation is also involved in computer-based assessment in Andhra Pradesh (50. 5 . the total number of master titles available is 70.

After class.In December 2010. This donation billionaire.0 billion according to Forbes magazine. India. where he studied accounting and business at the prestigious St. 6 . Mittal has been the richest person residing in the United Kingdom. He is the President of the Board of Directors and CEO of Arcelor Mittal. This would be shares of Wipro Ltd. in Rajasthan. he pledged to education in India. Xavier¶s College. is the fourth richest person in the world. This London-based Indian billionaire industrialist was named one of the "100 most influential people" by Time magazine in May 2007. the 57 year old nonresident Indian living in Kensington. a village which didn't have electricity until 1960's. donate $2 billion for improving school done by transferring 213 million equity few entities controlled by him. Lakshmi Narayan Mittal alias Lakshmi Niwas Mittal was born on June 15th. the richest person in Asia and the 4th richest person on the planet. London. His family moved to Calcutta in West Bengal. held by a AzimPremji Trust. to the is the first of its kind by any Indian Lakshmi Mittal Chairman and CEO of Mittal Steel Steel Tycoon Lakshmi Mittal. 1950. the world's largest producer of steel. His father Mohan Lal Mittal had set up a small steel mill in Calcutta. Since 2005. The Financial Times named Lakshmi Mittal its 2006 Person of the Year. in Sadulpur. Arcelor and Mittal Steel. Arcelor Mittal is the combination of the world¶s number one and number two steel companies. with a personal fortune of US$45. Mittal used to work in his father's company. He was also listed as the richest person in Britain in the Sunday Times Rich list 2005.

when he turned around a loss-making government-founded steel firm in Trinidad and Tobago which was losing $1 million a day. a partition in the family business group.000. Trinidad and Tobago. Mittal's industrial empire has 7 . It was a risky proposition even by Mittal¶s standards. renaming it IspatKarmet. His success has largely been built on buying up loss-making state-owned mills and quickly turning them around.000 tons a month to 250. transferred all the foreign business into Ispat International. The same year. Mittal moved to Indonesia in 1976 and with his father's backing founded a steel plant. Germany. In 2004. He had one of his most notable successes in the late 1989. Ispat Indo and made the company a success. and Ispat Shipping were formed to provide technical and commercial services to the Group and to meet its growing shipping needs. he went to Mexico and bought the country's third largest steel producer. workers had not been paid for six months. This was followed by an acquisition of Siderurgicadel Balsas SA at Lazaro Cardenas in Mexico and then more companies in Canada. Germany. Meanwhile in 1994. (ISG) an Ohio based company. and took over the state-owned blast furnace steel plant in 1995. But within a year it was profitable and production has doubled from 120. two new companies Ispat International Ltd. Realizing the fact that opportunities in India are limited for him. Mittal followed the same strategy in former Soviet republic of Kazakhstan. the capacity of the group reached to 11. the company that controlled the Group¶s steel making operations in Mexico. Ispat International. under the control of Lakshmi Mittal.After finishing his Bachelor of Commerce degree in business and accounting with first class. Canada and Germany went for listing in 1997 on the New York and Amsterdam stock exchanges. The Indian operations remained with his younger brothers P K Mittal and V K Mittal. Mittal had doubled the output and made the business profitable where US consultants and German experts failed to find a solution. becoming the world's most global steel producer with a net worth of over $22 billion. The Ispat group went on making major acquisitions. Ireland etc. In 1997. With this. Mittal Steel was formed through the merger of Ispat International and LNM Holdings. In 1995. There began a saga of triumphs for the shrewd businessman. Sicartsa for $220 million. he entered into Europe by acquiring a steel plant in Hamburg. Mittal began his career in his father's steel firm in the early seventies. at the same time Ispat International merged with International Steel Group Inc.2 million tonnes. In 1992. Within a year.

doing yoga for an hour every day and trying to catch a swim in his indoor pool.6 percent of the combined group. For the wedding of his son Aditya in 1998. particularly in India. a specialized publication.. in London that he bought in 2003 for a residential record of $129 million. becoming the world's largest 100 million tonne steel entity. with five days of events at some of France's most famous settings. Mittal keeps a disciplined schedule. he was awarded the 'European Business man of the year' by Fortune Magazine. The merged entity would be called Arcelor Mittal with the Mittal family owning 43. they have diversified into shipping and have ventured into coal. leadership and success in global steel development. South Africa and Trinidad. Mittal has received accolades for his achievements. US. His wife Usha runs the Indonesian business and his son Aditya and daughter Vanisha are members of the Board of Directors of Mittal Steel. Mittal is an active philanthropist and a member of various trusts. for outstanding vision. He resides in a palatial home known as Summer Palace. In 2004. from the American Metal Market and Paine Weber¶s World Steel Dynamics. the Mittal family celebrated at Calcutta's Victoria Memorial. after six months of negotiations and major oppositions Mittal steel took over European steel giant Arselor SA for 26 billion Euros ($33 billion). The business empire has also been in the news for showering money on his two children. entrepreneurship. The award was presented by the American Metal Market. Asia and many European countries. On the rare occasions when he is at home. including the 17th century Vaux le Vicomte chateau. and he received the Eighth Honorary Willy Korf Steel Vision Award. In 1996. In 2006. and Paine Weber¶s World Steel Dynamics in New York. His daughter Vanisha's wedding to Delhi-born investment banker Amit Bhatia in 2004 June is reputed to have cost more than $55-million. home to mementos of Britain's rule over India. the highest recognition for worldwide achievement in the steel industry in June 1998.steel making facilities in 14 countries and stretches from Indonesia to Poland. Africa. via Mexico. Although steel manufacturing remains the group¶s mainstream business. he was awarded the title 'Steel maker of the Year' by New Steel Magazine in the USA. North America. power and oil enterprises in Kazakhstan. The LNM Group Foundation was created in 1998 to support health and education needs of the poor. 8 .

He comes from a wealthy Indian steel family . Lakshmi Nivas Mittal was born into a Marwari business family of Rajasthan. As of July 2010. He is a board council member of the Prime Minister of India's Global Advisory Council of Overseas Indians. he was named one of the "100 Most Influential People" by Time magazine. Early life He was brought up in Sadulpur village. but Lakshmi has no connection with it. the family's main assets in India were a cold-rolling mill for sheet steels in Nagpur and an alloy steels plant near Pune. in the Churu district of Rajasthan. the World Economic Forum¶s International Business Council and the International Iron and Steel Institute¶s Executive Committee. Xavier's College. EADS and ICICI Bank and is presently the vice chairman of the World Steel Association. is run by Lakshmi's brothers. the International Investment Council in South Africa. Shortly afterwards he married Usha. and he has been responsible for the development of its businesses ever since. In 1976. the world¶s largest steelmaking company. Mittal started his career working in the family's steelmaking business in India.[2] The Financial Times named Mittal Person of the Year in 2006. he set out to establish its international division.Lakshmi Narayan Mittal an Indian national. mother and brothers. he branched out on his the LNM Group. India. steel tycoon and the chairman and chief executive officer of Arcelor Mittal. Nippon DenroIspat. the family business. when the family founded its own steel business. Today. In May 2007. Mittal is a member of the Foreign Investment Council in Kazakhstan. beginning with the buying of a run-down plant in Indonesia. and in 1976.his father. London Chapter. He is a member in the Advisory Board of the Kellogg School of Management and is part of St.7 billion or £19. Until the 1990s. Pramod and Vinod. the daughter of a well-to-do moneylender. ran a steel business. He serves as a non-executive director of Goldman Sachs. Mohan Lal Mittal. 9 . Mittal Steel is a global steel producer with operations in 14 countries. due to differences with his father. Mittal is the richest man in Europe and the fifth richest in the world with a personal wealth of US$28. including a large integrated steel plant near Mumbai.3 billion. Calcutta Alumni Association.

when a donation he made to the Labour party led to Blair's intervention in a business deal favoring Mittal. with the outstanding £3. entrepreneurship. In 2002. His daughter is Vanisha Mittal London 2012 Olympics and Paralympic Games Arcelor Mittal. Mittal Steel is the largest steelmaker in the world. As such. the sculpture will consist of a continuous looping lattice of tubular steel and offer unparalleled view of the entire Olympic Park and London's skyline from a special viewing platform. The Arcelor Mittal Orbit. and the "Willy Korf Steel Vision Award" in 1998.Also conducting charitable activity at his home town Family Lakshmi Mittal's father is Mohan Lal Mittal and his brother is Pramod Mittal. 10 . Constructed with steel provided by Arcelor Mittal. he was involved in a political scandal with British Prime Minister Tony Blair.1 million tons of steel and profits of over $22 billion in 2004.the largest single artwork ever commissioned for any Olympiad . the sculpture not only represents a significant cultural investment . Mittal was awarded Fortune magazine's "European Businessman of the Year 2004" and also "Steelmaker of the Year" in 1996 by New Steel. leadership and success in global steel development from Metal Market and PaineWebber¶s World Steel Dynamics. led by Chairman and CEO Lakshmi Mittal.Mittal pioneered the development of integrated mini-mills and the use of direct reduced iron or "DRI" as a scrap substitute for steelmaking and led the consolidation process of the global steel industry.1 million project.1 million provided by the London Development Agency. for outstanding vision. the largest artistic commission in the world. It was announced later that he donated £2 million to the LabourParty. with shipments of 42.but will also make a significant financial contribution to the longterm regeneration of East London. will fund £16 million of the £19. will harness state-of-the-art engineering and architectural techniques. His son Aditya Mittal serves as Chief Financial Officer for Arcelor Mittal.

15 million). Mittal decided to set up Mittal Champions Trust with US$9 million to support 10 Indian athletes with world-beating potential. silver. In 2007. His wealth has grown by over US$9 billion compared to 2009 and is up 3 places in the Forbes ranking.[10] In 2008.Personal and growing wealth In 2010. at the 2004 Summer Olympics. for getting India its first individual Olympic gold medal in shooting. In 2009. by Forbes Magazine (up from 61st richest in 2004) up one place since a year before.5 Crore (Rs. The company also operates the Arcelor Mittal Foundation. and the wealthiest in Asia. Dochnal was later arrested for bribing Polish officials on behalf of Russian agents in a separate affair. Forbes magazine listed Mittal the world's fifth richest person with personal wealth of US$28. Forbes magazine listed Mittal the world's eighth richest person with personal wealth of US$19. which provides support to many different community projects around the world in the countries where Arcelor Mittal operates. he matched the money raised (~£1 million) on the celebrity special BBC programme. Criticism and allegations Lakshmi Mittal successfully employed MarekDochnal's consultancy to influence Polish officials in the privatization of PHS steel group. in the 2000 Summer Olympics.3 billion. Mittal awarded AbhinavBindra with Rs. The Mittal family owns a controlling majority stake in Arcelor Mittal. Causes and charity After witnessing India won only one medal.7 billion. 11 . For Comic Relief 2007. Arcelor Mittal also has a very active CSR program under which it sets out its path to produce Safe Sustainable Steel. In 2008. Polish government said it wants to renegotiate the 2004 sale to Arcelor Mittal. 1. which was Poland's largest. Mittal was reported to be the fourth wealthiest person in the world. bronze. The Apprentice. the world's largest steel company. and one medal.

Slave-labour allegations Employees of Mittal have accused him of "slave labour" conditions after multiple fatalities in his mines." Queens Park Rangers Recently. it was closed. Subsequent environmental issues at the site have been a cause for 12 . The Mittal Affair: "Cash for Influence" Main article: Mittal Affair Controversy erupted in 2002 as Plaid MPA dam Price exposed the link between UK prime minister Tony Blair and Mittal in the Mittal Affair. making Mittal the single largest shareholder. and sold further shares in the club to Mittal. The letter from Blair to the Romanian government. a copy of which Price was able to obtain. twenty-three miners died in explosions in his mines in Kazakhstan caused by faulty gas detectors. hinted that the privatization of the firm and sale to Mittal might help smooth the way for Romania's entry into the European Union. Three years later in 2001. also known as 'Garbagegate' or Cash for Influence. The letter had a passage in it removed just prior to Blair's signing of it. Mittal's LNM steel company. leaving 400 people redundant. As part of the investment Mittal's son-in-law. registered in the Dutch Antilles and maintaining less than 1% of its 100. describing Mittal as "a friend. The combined investment in the struggling club sparked suggestions that Mittal might be looking to join the growing ranks of wealthy individuals investing heavily in English football and emulating other similar benefactors such as Roman Abramovich. However on 20 December 2007 it was announced that the Mittal family had purchased a 20 per cent shareholding in Queens Park Rangers football club joining FlavioBriatore and Mittal's friend Bernie Ecclestone. took a place on the board of directors. On 19 February 2010. During December 2004. FlavioBriatore resigned as QPR chairman. Environmental damage Mittal purchased the Irish Steel plant based in Cork from the government for a nominal fee of £1. Amit Bhatia. Mittal had emerged as a leading contender to buy and sell Barclays Premiership clubs Wigan and Everton.000 plus workforce in the UK. sought Blair's aid in its bid to purchase Romania's state steel industry.

His residence at 18-19 Kensington Palace Gardens which was purchased from Formula One boss Bernie Ecclestone in 2004 for £57 million (US$128 million).5 million at No.6 Palace Greens. Turkish baths and parking for 20 cars. Mittal bought No. Mittal owns three prime properties collectively worth £500 million on the "Billionaire's Row" at Kensington Palace Gardens. Mittal has been a director of Goldman Sachs since June 2008. and rebuilt it as a house. Kensington Gardens. the most exclusive street in the city occupied by embassies and millionaires. Grand Cross of Civil Merit from Spain and "Fellowship from King's College". Mittal's house in Kensington. Personal life He presently lives in Kensington. The extravagant show of wealth has been referred to as the "Taj Mittal". formerly owned by financier Noam Gottesman. Mittal also owns a house called Summer Palace at 46B. The Bishops Avenue. Kensington Gardens. an indoor pool. at £70 million in 2008 for his daughter Vanisha Mittal Bhatia.Aurangzeb Road in New Delhi. The clean up was expected to cost ¼70m.[23] It has 12 bedrooms.criticism. India. 2006: He was awarded International Newsmaker of the year by Time Magazine and the "Person of the year 2006" by Financial Times. Eisenhower Global Leadership Award. which is dubbed as "Millionares Row" and is reportedly for sale at £40 million. the highest civilian award of Kazakhstan for his contribution to the development of Republic of Kazakhstan 2008 : Mr.9a Palace Greens. he also bought a colonial bungalow for $7. at £117 million for his son Aditya Mittal.22. Honors and awards y y y y y 2010: "Dostyk" 1. London.[25] 2007: He was awarded Dwight D. formerly the Filipino embassy. making it the world's most expensive house at the time. London is decorated with marble taken from the same quarry that supplied the TajMahal. The Government tried to sue in the High Court to have him pay for the clean-up of Cork Harbour but failed. Mittal bought No. In 2005. 2007: He was awarded Padma Vibhushan 'second in the hierarchy of civilian awards' by the President of India. 13 .

ShriMukesh D. power generation. He has pursued MBA from Stanford University.New Steel Shri Mukesh D. he steered the setting up of another 27 million tonnes refinery next to the existing one 14 .y y y 2004: He was awarded by Fortune magazine . Further. India. Ambani Chairman & Managing Director Is a Chemical Engineer from University Institute of Chemical Technology (earlier University Department of Chemical Technology). petroleum refining and going up-stream into oil and gas exploration and production. University of Mumbai (earlier University of Bombay).American Metal Market and PaineWebber s World Steel Dynamics 1996: Steelmaker of the Year . He created several new world class manufacturing facilities involving diverse technologies that have raised Reliance's petrochemicals manufacturing capacities from less than a million tonnes to about twenty million tonnes per year. port and related infrastructure. Ambani. with a current capacity of 660.European Businessman of the Year. ShriMukesh D.000 barrels per day (33 million tonnes per year) integrated with petrochemicals. Founder Chairman of the Company joined Reliance in 1981. 1998: Willy Korf Steel Vision Award . Ambani. He initiated Reliance's backward integration journey from textiles into polyester fibers and further into petrochemicals. son of ShriDhirubhai H. Working hands-on. Ambani led the creation of the world's largest grassroots petroleum refinery at Jamnagar. USA.

Ambani is also steering Reliance's development of infrastructure facilities and implementation of a pan-India organized retail network spanning multiple formats and supply chain infrastructure. Conferred the India Business Leadership Award by CNBC-TV18 in 2007. An aggregate refining capacity of 1.in Jamnagar. RIL is set to transform India's energy landscape from the oil & gas flowing from Dhirubhai 1 & 3 Natural gas . In September 2008. Switzerland in 2006. Under his leadership. ShriMukesh D.24 million barrels of oil per day has transformed "Jamnagar" as the 'Refining Hub of the World'.a low carbon. some of the awards and recognition bestowed on him are : y Conferred the 'Indian Corporate Citizen of the Year' by the India Leadership conclave 2009. Shri Manmohan Singh in New Delhi in the year 2006. Conferred 'ET Business Leader of the Year' Award by The Economic Times (India) in the year 2006. ShriMukesh D. Had the distinction and honor of being the Co-chair at the World Economic Forum in Davos. Ambani had set up one of the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited). Ambani's vision of energy security for India was being realized. Over the years. Received the first NDTV-Profit 'Global Indian Leader Award' from Hon'ble Prime Minister of India. low polluting green fuel that will flow from these will create value and be beneficial to a large section of India's society. when the first drop of crude oil flowed from the KrishnaGodavari basin. Honorary Doctorate by the Maharaja Sayajirao University in 2007. ShriMukesh D. Bestowed the US-India Business Council (USIBC) 'Global Vision' 2007 Award for Leadership in 2007. ShriMukesh D. 15 y y y y y y . Ambani's achievements have been acknowledged at national and international levels. Conferred the Degree HonorisCausa.

ShriMukesh D. Advisory Council for the Graduate School of Business. in 2004. Ambani is the Chairman of Reliance Retail Limited and a Director of Reliance Europe Limited and a Private Limited Company. he is a member of the Indo-US CEOs Forum. International Advisory Board of Brookings. 16 . in 2004. y y ShriMukesh D. Board of Governors of the Indian Institute of Management.. and McKinsey Knowledge Advisory Council. Co-Chair of Japan-India Business Leader's Forum and a member of the Advisory Council of the Indian Institute of Technology. Chairman of Pandit Deendayal Petroleum University. ShriMukesh D. Ambani is the Chairman of the Finance Committee and the Employee stock compensation committee.y Ranked 42nd among the 'World's Most Respected Business Leaders' and second among the four Indian CEOs featured in a survey conducted by Pricewaterhouse Coopers and published in Financial Times. Mumbai. At RIL. Shri Ambani has been elected as Vice Chairman of WBCSD Executive Committee in 2008. in 2004. Member of The Business Council. Ambani. Co-Chair of India-Russia CEO Council. Reliance Industries Limited. Conferred the 'Asia Society Leadership Award' by the Asia Society. Washington D. USA. Government of India and the Board of Governors of the National Council of Applied Economic Research. On invitation to ShriMukesh D. became a Council Member of World Business Council for Sustainable Development (WBCSD) in 2007. Bangalore. London.C. Ambani is a member of the Prime Minister's Council on Trade and Industry. Further. Stanford University. He is the Chairman. the International Advisory Board of Citigroup. Conferred the World Communication Award for the 'Most Influential Person' in Telecommunications by Total Telecom. International Advisory Board of Council on Foreign Relations. New Delhi. Gandhinagar. International Advisory Board of the National Board of Kuwait.

0 billion. He has a brother. Anil. Mumbai MukeshAmbani is the eldest son of Dhirubhai Ambani. 17 . he is expected to regain the title of the richest man in the world in 2014. he is the richest man in Asia and the fourth richest man in the world with a personal wealth of US$29. and two sisters. Reliance Anil Dhirubhai Ambani Group.2 billion leaving Bill Gates behind at around $56 billion. The two brothers have had clashes over business. a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalization of all Reliance group companies. On 29 October 2007. and one of the largest private sector conglomerates in the world. the late founder of Reliance Industries. making him for a while the world¶s richest man. The Ambani family lived in a two bedroom apartment in Bhuleshwar. Mumbai until the 1970s. the largest private sector enterprise in India. Anil Ambani is also a billionaire and owns a competing company.As of July 2010. Dhirubhai Ambani then purchased a 14-floor apartment block called 'Sea Wind' in Colaba . with net worth climbing to US$63. His personal stake in Reliance Industries is 48%. a Fortune 500 company.Mukesh Dhirubhai Ambani (born on 19 April 1957) is an Indian business magnate and the chairman and managing director of Reliance Industries. where Anil his family and Mukesh and his family lived on different floors. Family and early life Antilia as seen from Alta mount Road. According to Forbes Magazine forecasts.

18 . port and related infrastructure. Costing aprox. Ambani set up one of the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited (now Reliance Communications Limited). It is claimed to be the most expensive home in history. Anant and Isha. US$500±$700 Million. Ambani directed and led the creation of the world¶s largest grassroots petroleum refinery at Jamnagar. is estimated to be valued at over US$1 Billion to build. with the increasing price of land. India.Personal life He is married to Nita Ambani and has three children. power generation. Akash. the Mumbai Indians. Career He joined Reliance Industries in 1981.000 barrels per day (33 million tonnes per year) integrated with petrochemicals. He initiated Reliance's backward integration journey from textiles into polyester fibers and further into petrochemicals. petroleum refining and going up-stream into oil and gas exploration and production. They live in a private 27 story building in Mumbai named Antilia. with a current capacity of 660.[16] He owns the Indian Premier League team.

Born on August 20. Infosys opened its first international office in U. Infosys was ranked No. In 1999. Narayana Murthy too has grown in stature. transparency. The Economist 19 . N. it set up its first office in Europe in Milton Keynes.Tech from IIT Kanpur (1969). Along with the growth of Infosys. In 1981. He set new standards in corporate governance and morality when he stepped down as the Executive Chairman of Infosys at the age of 60. 1946. Infosys set up development centers across cities in India and in 1996. and moral integrity are not at variance with business acumen. Narayana Murthy founded Infosys with six other software professionals.A.R. Infosys became the first Indian company to be listed on NASDAQ. In 1987.000.Narayana Murthy Narayana Murthy is the Non-Executive Chairman and Chief Mentor of Infosys Technologies Limited. Today (in 2006). Electrical from University of Mysore (1967) and M. In 1995.2003 by Ernst and Young. 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. Infosys has a turnover of more than $ 2billion and has employee strength of over 50.S. He has received many honors and awards. Narayan Murthy began his career with Patni Computer Systems in Pune. With the liberalization of Indian economy in 1990s. Infosys grew rapidly.E. the company came up with its IPO. He was the first recipient of the Indo-French Forum Medal (2003) and was voted the World Entrepreneur of the Year . UK. In 2001. Asia week magazine featured him in a list of Asia's 50 Most Powerful People. Narayana Murthy is a B. In June 2000. Narayana Murthy was named by TIME/CNN as one of the 25 most influential global executives. In 1993. In 2002. He is a living legend and an epitome of the fact that honesty.

Before moving to Mumbai. After IIM Ahmadabad. now known as Tata Motors) in Pune.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 . with an investment of Rs. University of Mysore in 1967 after attending government school. is an Indian businessman. and received his master's degree from IIT Kanpur in 1969. Mr. software engineer and the founder of Infosys Technologies . (Telco.10. Narayana Murthy. Murthy is the brother-in-law of serial entrepreneur Gururaj Deshpande and the uncle of former NASSCOM Chairman and MphasiS chief Jerry Rao. a consulting and IT services company based in India. his lectures delivered around the world have been published as a book A Better India: A Better World Early life Born into a Kannada Madhwa Brahmin family in Mysore. 1946. India on August 20. he then joined Patni Computer Systems in Pune. he has broadened his scope of activities to social services as well as promoting India globally. He was the CEO of the company for 21 years. from 1981 to 2002. Ltd. India from 1992 to 1994. In 1981. In 2009. His estimated net worth is $1. Murthy graduated with a degree in electrical engineering from the National Institute of Engineering. He served as the president of the National Association of Software and Service Companies. he founded Infosys with six other software professionals.6 billion as of 2010. His first position was at IIM Ahmadabad as chief systems programmer[3] where he worked on a time-sharing system and designed and implemented a BASIC interpreter for ECIL (Electronics Corporation of India Limited). He is currently the non-executive Chairman and Chief Mentor of Infosys. After stepping down as CEO in 2002. R. 20 .000 ($250 at the time) from his wife. Murthy met his wife Sudha Murthy in Pune who at the time was an engineer working at Tata Engineering and Locomotive Co. Nagavara Ramarao Narayana Murthy better known as N.2004 and 2005.

Indo-British Partnership. He also serves as a director on the Central Board of the Reserve Bank of India. Rohan is engaged to Venu Srinivasan's (of TVS motors) daughter Lakshmi Venu. Mr. Jayashree Despande is wife of entrepreneur and founder of US-based Sycamore Networks. He is an IT advisor to several Asian countries. as a member of the Asia Advisory Board of British Telecommunications He is the chairman of the governing body of the International Institute of Information Technology . Board of Overseers of the Wharton School of the University of Pennsylvania. Corporate profile Murthy served as the founder CEO of Infosys for 21 years. She is known for her philanthropic work through the Infosys Foundation. India. He also serves on the boards of the Ford Foundation and UN Foundation. designed and implemented the Global Delivery Model which has become the foundation for the huge success in IT services outsourcing from India. In addition.Personal life His wife. Murthy serves as an independent director on the board of the DBS Bank of Singapore. he is a member of the Board of Directors of INSEAD. Board of Trustees. Murthy also sits on the Board of Governors of the Asian Institute of Management (AIM). Her sister. They have two children . and was succeeded by co-founder NandanNilekani in March 2002. as a member of the Prime Minister's council on trade and industry. Asian 21 . Gururaj Deshpande. Ahmadabad. a graduate school of business located in the Philippines and is also the Chairman of the Board of Members of School of Management [3].Bangalore. This is the largest government-owned bank in Singapore. and as a member of the Board of NDTV.Rohan and Akshata. He serves on the boards of various companies and universities across the world. He also serves as an independent director on the board of the European FMCG giant Unilever. Achtmeyer Center for Global Leadership at the Tuck School of Business. Akshata Murthy is married to Rishi Sunak. He is also an Independent Director on the board of HSBC. and was the Chairman of the Governing Body of the Indian Institute of Management. At Infosys he articulated. Business Advisory Council of Great Lakes Institute of Management . is an Indian social worker and accomplished author. as the cochairman of the plc. Sudha Murthy née Kulkarni.Chennai. Singapore Management University Board of Trustees and the Board of Advisors for the William F.

Murthy started a new venture capital fund called Catamaran Venture Fund with the money he got by selling 800. and in 1996-97. In December 2005. BusinessWeek named him one of the nine entrepreneurs of the year and he was also featured in the BusinessWeek's 'The Stars of Asia' (for three successive years . one of the premier institutes of higher learning in India. the Corporate Governance initiative at the Harvard Business School.000 Infosys shares worth 174 Crores. He was awarded the Dean's medal by the Wharton School in 2001. he was awarded the Padma Vibhushan. he continues as the Non-Executive Chairman of the board [4]. most influential global executives. the highest civilian award awarded by France. a civilian award by the Government of India. he was named by TIME / CNN as one of the twenty-five. he was awarded the Padma Shri.2003 by Ernst & Young. Yale University and the University of Tokyo¶s President's Council. a group selected for their lasting influence in creating new industries and reshaping markets. However. He was awarded the Max Schmidheiny Liberty 2001 prize (Switzerland). Asia Business Council. Narayana Murthy was voted as the 7th most admired CEO/Chairman in the world in a global study conducted by Burson-Marsteller with the Economist Intelligence Unit The list included 14 others with distinguished 22 . He was one of the two people named as Asia's Businessmen of the Year for 2003 by Fortune magazine. In 2001. a second highest civilian award by India and Légiond'honneur. Sudha Murthy does it again by helping him in setting up his VC Fund by giving him Rs. Kanpur. Accolades Murthy has been the recipient of numerous awards and honors. He was voted the World Entrepreneur of the Year . He is the chairman of the [4]. an organization headquartered in Hong Kong. the Indian Institute of Technology.6% in Infosys. Cornell committee on academic affairs and committee on alumni affairs and development. In 2000. Thailand. 1999 and 2000).430 Crores which she got by selling quarter of her stake 1. conferred on him the Distinguished Alumnus Award. he was awarded the JRD Tata Corporate Leadership Award. In 2008.1998.Institute of Technology (AIT) located in Bangkok. In 1999. In 1998. in recognition of his promotion of individual responsibility and liberty. He is also a member of the Advisory Boards and Councils of various well-known universities ± such as the Stanford Graduate School of Business. Murthy retired from his executive position at Infosys on 20 August 2006.

Government of France[6] Order of the British Empire. He was awarded the IEEE Ernst Weber Engineering Leadership Recognition in 2007.Government of India Officer of the Legion of Honor . ISBN 978-06-7008283-4 23 .Government of India Padma Vibhushan . for the fifth year running. Narayana Murthy has. in what is considered to the be the highest professional distinction for an engineer.names such as Bill Gates. 2009.[7] Books by Narayana Murthy y A Better India. emerged the most admired business leader of India in a study conducted by Brand-comm. TIME magazine again voted him as one of the Asian heroes who have brought about revolutionary changes in Asia in the last 60 years. He was the first recipient of the Indo-French Forum Medal (2003). In May 2006. the American National Academy of Engineers (NAE) elected Murthy as a foreign member. Muhammad Ali Jinnah etc. awarded by the Indo-French Forum in recognition of his role in promoting Indo-French ties. The list featured people who have had a significant impact on Asian history over the past 60 years and it included others such as Mahatma Gandhi. Dalai Lama. A Better World. Steve Jobs and Warren Buffett. Penguin Books. In 2010. Advertising and PR firm. He was recently awarded the Commander of the British Order (CBE) by the British government. a leading Brand Consulting.Government of United Kingdom. Murthy also holds over 26 honorary doctorates from universities across the world. Mother Teresa. The Economist ranked him 8th among the top 15 most admired global leaders (2005). Awards y y y y Padma Shri . He topped the Economic Times Corporate Dossier list of India's most powerful CEOs for two consecutive years ± 2004 and 2005.[5] In 2010 the board of directors of the IEEE elected him as an honorary fellow of the IEEE. In November 2006. He was ranked 28th among the world's most-respected business leaders by the Financial Times (2005). TIME magazine¶s ³Global Tech Influentials´ list (August 2004) named Murthy as one of the ten leaders who are helping shape the future of technology.

Mr Tata serves on the board of directors of Fiat Spa and Alcoa. since 1991. 24 . After serving in various companies. totaling $67. In 1981. He is also the Chairman of the major Tata companies. He is the Chairman of two of the largest private-sector-promoted philanthropic trusts in India. Rolls Royce. Tata Global Beverages. During his tenure. the promoter company of the Tata group. the American International Group. Tata Consultancy Services. he was appointed director-in-charge of the National Radio and Electronics Company in 1971. he was named Chairman of Tata Industries. and a promoter of new ventures in high technology businesses. Mr Tata is associated with various organisations in India and overseas.Ratan Naval Tata Ratan N Tata has been the Chairman of Tata Sons. He also serves on the board of trustees of Cornell University and the University of Southern California. JP Morgan Chase. the group¶s other promoter company.4 billion in 2009-10. He is the President of the Court of the Indian Institute of Science and of the Council of Management of the Tata Institute of Fundamental Research. He is a member of the Prime Minister¶s Council on Trade and Industry. Temasek Holdings and the Monetary Authority of Singapore. where he was responsible for transforming it into a group strategy think-tank. Indian Hotels and Tata Teleservices. and is a member of the Global Business Council on HIV/Aids. including Tata Motors. Tata Power. Mr. He is also on the international advisory boards of Mitsubishi Corporation. Tata Steel. Tata joined the Tata group in 1962. the group s revenues have grown nearly 12-fold. Tata Chemicals.

has lived for years in a book-crammed. Ratan Tata. 1937. a shy man. Tata received a BS degree in architecture from Cornell in 1962. Tata with its second-highest civilian award. British India) is the present Chairman of Tata Sons and therefore. in architecture with structural engineering from Cornell University in 1962. dog-filled bachelor flat in Mumbai's Colaba district and is considered to be a gentleman extraordinaire. His simplicity and generosity have been the most important parameters of his life. He is a part of the Alpha Sigma Phi fraternity. His childhood was troubled. Ratan is the grandson of Tata group founder Jamsedji Tata. later that year. Early career Ratan Tata completed his B. He worked briefly with Jones and Emmons in Los Angeles before returning to India. He is also the chairman of major Tata companies such as Tata Steel. Tata Group[2]. Tata Motors. a prominent family belonging to the Parsi community. the Padma Vibhushan. Tata Chemicals. He has also received honorary doctorates from several universities in India and overseas. The Indian Hotels Company and Tata Teleservices. in Bombay. in 2008. shoveling limestone and handling the blast furnaces.S. Their mother moved out and both Ratan and his brother were raised by their grandmother Lady Navajbai. Tata Power.[4] He joined the Tata Group in December 1962. and the Advanced Management Program from Harvard Business School in 1975. The Government of India honored Mr. Ratan Naval Tata (born December 28. rarely features in the society glossies. Bombay Presidency. Tata Tea. India's largest conglomerate founded by Jamsedji Tata and consolidated and expanded by later generations of his family. 25 . He completed the Advanced Management Program at Harvard Business School in 1975. He was first sent to Jamshedpur to work at Tata Steel. after turning down a job with IBM on the advice of JRD Tata. Tata Consultancy Services.Mr. He worked on the factory floor along with other blue-collar employees. Early life Ratan Tata was born into the famous Tata family. with his parents separating in the mid-1940s when he was merely seven and his younger brother Jimmy was five years old.

26 . Cornell University. valuing his personal holding at approximately US $1 Billion. He has never been married. University of Southern California and of his alma mater. which were created by the families of the sons of Jamshedji Tata. JP Morgan Chase and Booz Allen Hamilton.[8] He sometimes likes to pilot his private Falcon Jet himself. The biggest two of the owning trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust (different Ratan Tata). if encashed.Personal life Mr. He is also a member of the board of trustees of the RAND Corporation. Ratan Tata's foreign affiliations include membership of the international advisory boards of the Mitsubishi Corporation. His share in the whole group is 1%. Ratan Tata has a metallic blue Maserati and Ferrari California. the advisory board of RAND's Center for Asia Pacific Policy and serves on the program board of the Bill & Melinda Gates Foundation's India AIDS initiative. Ratan Tata is on the board of trustees of the Sir Ratan Tata Trust. He is a dynamic and vibrant businessman and is considered as one of the best managers never compromising on ethics and customer care. Ratan Tata is also best known as the face behind changing India's automotive industry into global climate change era. He likes to wear Hermès ties and matching handkerchiefs. 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the original Jameshedji family and the largest share is with Shapoorji Pallonji Mistry (18. the American International Group. Quotes y y "Question the unquestionable" "A promise is a promise" Awards and recognition Ratan Tata serves in senior capacities in various organisations in India and he is a member of the Prime Minister's Council on Trade and Industry. Tata is on the board of governors of the East-West Center.[13][14] He also serves as a board member on the Republic of South Africa's International Investment Council and is a member of the Asia-Pacific advisory committee for the New York Stock Exchange. and is the chairman of the board of trustees of the Sir Dorabji Tata Trust. or a little less.5%).

[17] He was one of the recipients of the NASSCOM Global Leadership Awards 2008.[16] In March 2006 Tata was honored by Cornell University as the 26th Robert S. One lakh car 'Nano'. Ratan Tata is the first Indian to receive this honor. he joined BMB Group as an advisory board member. Again in 2010. Tata was hailed for unveiling his tiny Rs. considered the highest honor the university awards to distinguished individuals from the corporate sector. Tata made it to the Time magazine's 2008 list of the World's 100 most influential people.[18][19] He was listed among the 25 most powerful people in business by Fortune magazine in November 2007. In May 2008 Mr. an honorary doctorate in technology by the Asian Institute of Technology. He has also been conferred an honorary doctorate in business administration by the Ohio State University. 2008 in Mumbai.y y y y y y y y y y y y y On the occasion of India's 50th Republic Day on 26 January 2000. In 2010. the Government of Singapore conferred honorary citizenship on Ratan Tata. 2005. bestowed the 'Businessman of the Decade' honor upon Ratan Tata. given at a ceremony on February 14. the second highest civilian decoration. In 2010. in recognition of his abiding business relationship with the island nation and his contribution to the growth of high-tech sectors in Singapore. On 26 January 2008. the third highest decoration that may be awarded to a civilian. and an honorary fellowship by the London School of Economics. an honorary doctorate in science by the University of Warwick. He has recently received an honorary Doctor of Law from the University of Cambridge. Bangkok. he has been named among the most powerful people in the world by Forbes in its this year¶s list of 68 people "who matter". In 2010. 27 . he was awarded the Padma Vibhushan. Hatfield Fellow in Economic Education. On 29 August 2008. Los Angeles. on August 6. Ratan Tata was named one of the '50 People Who Matter 2010' by the New Statesman magazine. he won the Legend in Leadership award from Yale In 2010. In 2009 he was appointed an honorary Knight Commander of the British Empire. one of the leading research universities in the United States.[15] On August 30. Ratan Tata was honored with the Padma Bhushan. The Federation of Indo-Israeli Chambers of Commerce. In 2006 he received the FIRST Award for Responsible Capitalism. it was announced that Ratan Tata was elected to the Board of Trustees of the University of Southern California. Ratan Tata accepted the Carnegie Medal of Philanthropy in 2007 on behalf of the Tata family.[12] In February 2004. Ratan Tata was conferred the title of honorary economic advisor to Hangzhou city in the Zhejiang province of China.

he received the 2010 Business Leader of the Year award at the Asian Awards in London. has a separate programme for small grants and gives grants to individuals for education and medical relief.y In 2010. It focuses its grants towards organisations that it can partner to undertake innovative and sustained initiatives with the potential to make a visible difference. The trust seeks to be a catalyst in development through giving grants to institutions in various areas. Institutional grants The bulk of the trust s institutional grants are in the areas of rural livelihoods and communities. addressing core issues aimed at alleviating poverty among tribal communities in a sustainable manner. 28 . and education. Kharash Vistarotthan Yojana (KVY): This initiative tackles issues related to seawater ingress on the Gujarat coastline through field projects and coordination with the state government. Sir Ratan Tata Trust Established in 1919 in accordance with the will of Sir Ratan Tata. the trust is a grant-bestowing public foundation. HimmothanPariyojana: The initiative addresses some of the key rural development issues confronting the inhabitants of the Himalayas. the younger son of group founder Jamsetji Tata. It also provides grants for endowments. on a systematic basis. Rural livelihoods and communities The trust focuses on the following key initiatives within the broad areas of land and water development and microfinance: y y y Central India Initiative (CInI): CInI involves a series of livelihood projects across the central India region.

improved agricultural practices.y y y y y Drought proofing in West Rajasthan: The objective is to develop replicable models for drought proofing in the desert regions of Rajasthan. soil and water conservation and alternative livelihood options. development of market linkages. SukhiBaliraja Initiative: The initiative addresses the recurrent issue of farmers suicides in six distress districts located in Vidharbha region of Maharashtra through promoting sustainable. Nagaland. Reviving the Green Revolution: The initiative involves a series of interventions encouraging crop diversification in Punjab and Tamil Nadu to tackle the negative impact of the rice-wheat cropping system. Sikkim and Tripura. the trust is also supporting a large community-based microfinance programme in South India. North East Initiative: The initiative addresses livelihood issues of the Northeastern states comprising Arunachal Pradesh. Education The trust s grants in the field of education follow a focused approach in the following areas: y y y y Reforming elementary education Nurturing education as a discipline Alternative education Higher education Health The trust focuses its efforts in the following areas: y y y y Rural health programmes Specialized healthcare services Health training and capacity building Clinical establishment 29 . Mizoram. Sakh Se Vikas: The initiative consolidates and expands community-based micro-finance in Rajasthan by strengthening livelihoods and reducing vulnerabilities. Meghalaya. Assam. microfinance. While strengthening linkages between micro-finance and development. Manipur.

and those needing support to implement innovative ideas. It has a formal endowment strategy with well-set norms and clearly defined criteria that enable it to identify and appraise deserving institutions. researching culture industries. conservation and archiving and independent publishing in India on bringing arts practice into the classroom Endowment grants The trust has developed and used endowments to sustain mission-driven institutions that influence positive change in society.Enhancing civil society and governance The trust s grants are based on the three sub-themes of: y y y Citizenship and participation Human rights and governance Governance in civil society Arts and culture Here. which revolves around regenerating institutions. focused research activities or strengthening internal systems. Grants are also given to large organisations that need funding for strategic planning. theatre infrastructure and advanced learning in the arts Arts and the public domain. revolving around urban spaces and new design pedagogy Arts and the culture industries focusing on new media practices. the trust s grants are focused around the following: y y y Arts institutions and infrastructure. Individual grants The Individual Grants Programme of the trust provides financial help for: y y Medical contingencies Scholars pursuing higher education in India and assistance for educationrelated overseas travel 30 . Small grants These cater to the needs of small. welfare-oriented organisations.

Along with his brother Ravi. offshore engineering and oil exploration.Shashi Ruia Born Bombay Founded Essar Group Occupation entrepreneur Net Worth $15. He has made invaluable contributions toward strengthening the core and infrastructure sectors in India and has steered the Essar Group to a premier position in global industry. is a first generation entrepreneur industrialist.000. Today.000 (February 11th 2008 onwards) Key Employee of Essar Group (September 15th 2009 onwards) Residence India (February 26th 2010 onwards). Shashi Ruia's vision saw the Essar Group gain a first mover advantage in many of these businesses. Essar Group. steel. This has enabled the group unleash unique synergies across its businesses. the late Nand Kishore Ruia. power. Chairman. Mr.000. Ruia has masterminded the group's business strategy and consolidated a range of activities through backward and forward integration. marine construction. Ruia was instrumental in Essar's foray into businesses that were the domain of multinational giants or Indian public sector units: Shipping. Mr. Bombay (February 26th 2010 onwards) Nationality indian (February 26th 2010 onwards) Shashi Ruia. telecom. Mr. the Essar Group is a multinational conglomerate and a leading player in the 31 . Ruia began his career in the family business in 1965 under the guidance of his father.

with revenues of USD 15 billion. Oil & Gas. Projects and Minerals. Power. The Essar Group (BSE: 500630. 32 . It is India's largest exporter of flat steel with 14 MTPA (million tons per annum) of capacity. Mr. Essar is managed by Shri. India. Shashi Ruia has a passion for education and mentoring young talent. Communications. With operations in more than 20 countries across five continents. services and retail. Shipping. Widely regarded as one of the architects of modem India. a group of world renowned personalities who have joined hands to tackle the world's most difficult problems. Energy. Mr. Shashi Ruia.sectors of Steel. Essar began as a construction company in 1969 and diversified into manufacturing. Shipping Ports & Logistics as well as Construction headquartered at Mumbai. Mr. BSE: 500134) is a multinational conglomerate corporation in the sectors of Steel.000 people. Ravi Ruia. In 2007. Ruia joined an elite list of achievers who will independently fund The Elders. Essar Steel is fully integrated from mining to retail and has strong downstream capability with a global retail capacity of over 3 MTPA. the Group employs 60. Steel Essar Steel is a global steel company with strong presence in intensive steel consuming markets in Asia and North America. Ruia is also on several important national bodies and industry associations. Chairman ± Essar Group and Shri. Ports & Logistics. Communications. Vice Chairman Essar Group. including the Federation of Indian Chambers of Commerce and Industry (FICCI) the Indo-US Joint Business Council and the Indian National Ship-owners Association (lNSA). The Group's annual revenues were over USD 15 billion in FY08-09. Power.

The company is building a 1. lime plant and oxygen plant.4 MTPA cold rolling complex Additionally. Essar had hired banks JPMorgan Cazenove and Deutsche Bank to organisethe share listing. The Essar Steel complex at Hazira in Gujarat. Sanjay Mehta a senior board member of Essar Global Limited was identified in the Economic Times of India* as the person who led the transaction. Essar announced that it had signed a deal to buy US coal producer Trinity Coal Partners from US private equity group Denham Capital for $600m. The company is building a 6 MTPA pellet plant. an 8 MTPA pellet complex at Visakhapatnam. In Indonesia. and Minnesota Steel. making it the largest private steel company in that country. 2010.5 MTPA hot briquetted iron plant in Hazira 1. 7 March 2010.6 MTPA pipe mill in Hazira. a concentration plant and a direct reduced iron plant in Minnesota. a 5. Essar global limited the holding company of the Ruia brother raised up to £1. India has a complete infrastructure setup. with a capacity of 10 MTPA at Hazira. which has iron ore reserves of over 1. it operates a 400. Orissa. The Indian operations also include an 8 MTPA beneficiation plant at Bailadila. Products and services Essar Steel produces customized products catering to a variety of product segments and is India's largest exporter of flat products to the US and European markets] and to those of South East Asia and the Middle East] Energy Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to oil 33 . Gujarat. Chhattisgarh. Essar Energy Plc is a FTSE 50 company.000 TPA. Indian operations Essar Steel is the largest steel producer in western India.4 billion tons. Essar Steel acquired Algoma Steel in Canada.3bn by floatation of Essar Energy Plc on the London Stock Exchange.000 TPA cold rolling complex with a galvanizing line of 150. which has a current capacity of 4 MTPA.5 MTPA plate mill and a 0. Essar is setting up a 12 MTPA pellet plant in Paradip. including a captive port.[ As of May.Global footprint In 2007.

a co-generation plant in Vadinar and a coal-based plant in Visakhapatnam. and two more exploration blocks in Assam. Essar Energy holds a controlling stake in Essar Oil. This includes the Ratna and R-Series fields and one shallow water offshore exploration block. approximately 76% owned by Essar Group. It has also entered the transmission and distribution sectors in India where it has quickly built a strong presence]It is market leader in western India. The business also has interests in an exploration block in Mehsana . Essar Energy is among the lowest cost power producers.000-bpd refinery operated by Kenya Petroleum Refineries Ltd in Mombasa. coal and liquid fuel based power plants. Exploration and production The Exploration and Production business of the company has participating interests in several hydrocarbon blocks for exploration and production of oil & gas. one onshore block in Indonesia. telecom retail. Kenya Power Essar Energy. It additionally owns a Coal Bed Methane (CBM) block at Durgapur in West Bengal. is today India's second largest power generation company in the private sector. 34 .200 MW is being expanded to 6.000 MW With a portfolio of gas. Existing and upcoming plants Essar Power operates five power plants with a combined capacity of 1.000 km2 available for exploration. Its current generation capacity of 1. which in currently under commercial production. two offshore blocks in Australia and one offshore block each in Vietnam and Nigeria Essar also owns a 50 percent stake in an 88. Communications Essar Communications is in the communications sector with presence in telecom services.retail. with about 70.200 MW in three locations across India. both in proximity to the Mumbai High field in the Mumbai offshore basin. Gujarat. telecom tower infrastructure and business process outsourcing. Including two gas-based plants and one liquid fuel based plant in Hazira. The overseas exploration assets include two onshore oil & gas blocks in Madagascar-Africa. It has a portfolio of onshore and offshore oil & gas blocks worldwide. India.

Essar Communications has launched a new cellular services brand called ³yu´. becoming the country¶s fourth telecom operator. 35 . but also cater to the needs of the upcoming Essar SEZ units. The operations include an oil terminal in Vadinar and upcoming bulk terminals in Hazira and Salaya. It provides crude oil and petroleum products transportation. all in the state of Gujarat. of about 20 MTPA capacity. logistics and oilfields services. It is one of India's largest operators of ports and are building a cargo handling capacity of over 150 MTPA Sea transportation The Sea Transportation business provides transportation management services for crude oil and petroleum products. Essar is also venturing into emerging markets in Africa and South Asia. This will be enhanced to 30 MTPA through building a shipping channel that can berth larger vessels.Ports & Logistics is a comprehensive sea logistics company with presence in sea transportation. steel and power industries. at Salaya comprising a bulk and liquid terminal with container handling facilities. and dry bulk cargo to the global energy. The terminal has crude receiving capacity of 32 MTPA (being expanded to 50 MTPA) and sea-based product dispatch capacity of 14 MTPA. Vadinar. which is an all-weather. In Kenya. It has a diversified fleet of 25 vessels. It is one of India's largest cellular service companies. serves major oil refineries and independent cargo traders in the region. and has placed orders for 12 new ships. The business is also building a port. Shipping Ports & Logistics Essar Shipping was started in 1945.Vodafone-Essar Vodafone-Essar is a joint venture of Essar Communication Holdings Ltd and the UK-based Vodafone Group. It owns a shipping fleet of 25 vessels. product tankers and cape-sizes. deep-draft port. The port at Hazira has a capacity to handle 8 MTPA of bulk cargo. including Very Large Crude Carriers. ports & terminals. The enhanced capacity will not only serve the expansion in the Hazira steel plant. transportation management services and integrated dry bulk transportation services Ports and terminals The Ports & Terminals business is among India's largest owners and operators of ports and terminal facilities. with a subscriber base of over 90 million.

36 .