Sunday, October 19, 2008

Mukesh Ambani


Name: Mukesh Dhirubhai Ambani
Born: April 19, 1957 in Yemen
Residence: Mumbai, India
Industry: Petrochemical
Occupation: Chairman of Reliance Group of Companies
Net Worth: US $ 43 billion (source: Forbers)


Mukesh Ambani, the chairman of Reliance Industries was born on April 19, 1957 in Yemen. He is the world's fifth richest man in the world and richest in Asia, with a net worth of approximately US $ 43 billion. His Company Reliance Industries is the India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%.


Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai Indians.

Mukesh Ambani completed his graduation with a bachelors degree in chemical engineering from the University Institute of Chemical Technology (UDCT), Mumbai. Mukesh later pursued an MBA (he did not complete the course) from Stanford University.

Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.


He directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $26 billion USD).

INDRA NOOYI

Profile


Name: Indra Nooyi


Date of Birth: October 28,1955


Education: Graduated from Madras Christian college, 1976


Finished MBA at Indian Institute of Management , 1978


Completed Masters of public and private Management from Yale university,1980


Currently: CEO, PepsiCo





Indra krishnamurthy Nooyi was born in Madras, India and is the current CEO of PepsiCo. The worlds fourth largest food and beverage company, makers of Frito -lay snacks, Pepsi beverages, Gatorade sports drink, Tropicana juices and Quark foods.She Worked at British textile company in India. Then she worked as a product manager for Johnson & Johnson in India. In 1978 she moved to United States to pursue her masters degree in management from Yale university. After graduating from the school she worked at Boston Consulting Group later she joined Motorola 1986. moved to Asea Brown Boveri, 1990; joined Pepsico as strategist, 1994; became CFO of Pepsico, 2000; became president of Pepsico, 2001. Nooyi has been steadily consolidating her power at PepsiCo, one of the largest companies in the world with $35 billion in annual revenue and a $105 billion market capitalization. Nooyi recommended spinning off Taco Bell, KFC and Pizza Hut, arguing PepsiCo couldn't bring enough value to the fast food industry. As a result, she played an inportant role in starting Tricon, currently known as Yum! Brands, the world's largest restaurant company in terms of system restaurants with over 34,000 restaurants in over 100 countries. Among the restaurants Yum! houses are Kentucky Fried Chicken (KFC), Long John Silver's, Pizza Hut and Taco Bell. (source: click here)


According to Forbes list of 100 most powerful women Indra nooyi ranks #3 just behind #2 Sheila c. Bair Chairman, Federal Deposit Insurance Corp and #1 Angela merkel chancellor of Germany. (Source: Click here). Nooyi played a crucial role in expanding PepsiCo to international market especialy with the $1.4billion acquisition of 75% stake in russian juice giant Lebedyansky. Indra Nooyi tops the Forbes list of Americas Highest paid female CEO's taking home $12.7 million and this puts her on 139 out of 500 all chiefs. Her strong determination to take PepsiCo to new heights, her ability to think strategically has made her role model of many and she establishes herself as one of the most successful business leaders of 21st century.