Sunday, July 19, 2009

First Black President of USA

Barack Hussein Obama II (pronounced /bəˈrɑːk huːˈseɪn oʊˈbɑːmə/; born August 4, 1961) is the 44th and current President of the United States. The firstAfrican American to hold the office, he served as thejunior United States Senator from Illinois from January 2005 until he resigned after his election to the presidency in November 2008.

Obama is a graduate of Columbia University andHarvard Law School, where he was the first African American president of the Harvard Law Review. He was a community organizer in Chicago before earning his law degree. He worked as a civil rights attorney in Chicago and also taught constitutional law at theUniversity of Chicago Law School from 1992 to 2004.

Obama served three terms in the Illinois Senate from 1997 to 2004. Following an unsuccessful bid for a seat in the U.S. House of Representatives in 2000, Obama ran for United States Senate in 2004. His victory, from a crowded field, in the March 2004Democratic primary raised his visibility. His prime-time televised keynote address at the Democratic National Convention in July 2004 made him a rising star nationally in the Democratic Party. He waselected to the U.S. Senate in November 2004 by the largest margin in Illinois history.

He began his run for the presidency in February 2007. After a close campaign in the 2008 Democratic Party presidential primaries against Hillary Rodham Clinton, he won his party's nomination, becoming the firstmajor party African American candidate for president. In the 2008 general election, he defeated Republicancandidate John McCain and was inaugurated as president on January 20, 2009.



Michael Jackson

Michael Joseph Jackson (August 29, 1958 – June 25, 2009) was an American recording artist, entertainer, and businessman. The seventh child of the Jackson family, he made his debut in 1964 as a member of The Jackson 5, beginning a solo career in 1971. In the early 1980s, he became a dominant figure in popular music and the first African-American entertainer to amass a strongcrossover following on MTV. One of the mostcommercially successful artists of all time, his contributions to music and dance, along with a highly publicized personal life, made him a part of popular culture around the world for four decades.

His inventive music videos, including "Billie Jean", "Beat It" and Thriller, helped to transform the music video into an art form in addition to its original function as a promotional tool. Videos such as "Black or White" and "Scream" made Jackson an enduring staple on MTV in the 1990s. With stage performances and music videos, Jackson popularized a number of physically complicated dance techniques, such as the robot and the moonwalk. His distinctive musical sound and vocal style influenced numerous hip hop, pop and contemporary R&B artists. Referred to as the "King of Pop", his 1982 album Thrillerremains the best-selling album of all time, with four others—Off the Wall (1979), Bad (1987), Dangerous(1991), and HIStory (1995)—also among the world's best selling records.

Jackson's personal life generated significant controversy. His changing appearance was noticed from the early 1980s, as his skin became paler and his facial features became thinner. He was accused in 1993 of child sexual abuse, and though no charges were brought, his health suffered when he started using painkillers to cope with the stress. He married twice, first in 1994 and again in 1996, and brought up three children, one of them born to a surrogate mother, actions that triggered more speculation about his life. In 2005, he was tried and acquitted of different child molestation allegations, which provoked a further decline in his health.

A double-inductee into the Rock and Roll Hall of Fame, his other achievements feature multipleGuinness World Records—including the "Most Successful Entertainer of All Time"—13 Grammy Awards, 13 number one singles, and the sale of over 750 million units. He was also a notablephilanthropist, donating millions of dollars to the record 39 charities he supported, and raising more through his own Heal the World Foundation. Jackson died at the age of 50 on June 25, 2009, in Los Angeles, California after suffering from cardiac arrest. His memorial service was broadcast live around the world.

Saturday, May 16, 2009

Mr Solution


Deepak Parekh is the Chairman of HDFC, the India's leading housing finance company. A pioneer in mortgage finance, he has enabled scores of Indian middle class people owning their houses or apartments through affordable loans.

A chartered accountant, Deepak Parekh began his career with Ernst & Young Management Consultancy Services in New York. After returning to India, he worked with Grindlays Bank and also Chase Manhattan Bank as its assistant representative for South Asia. Deepak Parekh joined HDFC in 1978. He was promoted as its Managing Director in 1985 and appointed its Chairman in 1993. He is instrumental in making the HDFC a premier housing finance institution in the country. Deepak Parekh is also the Non-Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a Government of India enterprise for infrastructure projects in 1997. He is also the Non-Executive Chairman of Glaxo India Ltd & Burroughs Wellcome (India) Ltd and on the Board of Castrol BP India; Hindustan Lever; Siemens Ltd, Mahindra & Mahindra and Indian Hotels Company. He is also a non-executive, independent Director of SingTel.

Deepak Parekh has been a member of various Committees set up by the Government of India. He was appointed Chairman of the high level expert committee, formed to recommend measures for strengthening the Unit Scheme – 1964. The Reserve Bank of India appointed him Chairman of the Advisory Group for Securities Market Regulation, which was tasked to compare the level of adherence to international standards in India with that in other countries. He was also Chairman of the Expert Committee constituted by the Ministry of Power to look into the reform efforts in the power sector.

Deepak Parekh has won several awards including Businessman of the Year 1996 by Business India and the JRD Tata Corporate Leadership Award by All India Management Association (AIMA). He was the first recipient of the Qimpro Platinum Award for Quality for his contributions to the services sector and the youngest recipient of the prestigious Corporate Award for Life Time Achievement by the Economic Times. He was also conferred Padma Bhushan by the Government of India.

The Frugal Billionaire

Azim Hasham Premji, founder of Wipro Limited, India's biggest and most competitive IT company based in Bangalore, was born on July 24th 1945 in Bombay. Premji was forced to leave his studies in computer science from Stanford University, California, USA at the age of 21 to take over the family business of vegetable oils when his father M.H. Premji, suddenly passed away in 1966. He has since after a gap of over thirty years completed his degree in Electrical Engineering. The Amalner-based vanaspathi manufacturing company, the Western India Vegetable 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 Company began manufacturing light bulbs with General Electric and other consumer products including soaps, baby care products, shampoos, powder etc. In 1975, Wipro Fluid Power business unit manufacturing hydraulic cylinders and truck tippers was started. But Premji's ambitions did not stop there. In the 1980s Wipro entered the IT field, taking advantage of the expulsion of IBM from the Indian market in 1975. Thus, Wipro became involved in manufacturing computer hardware, software development and related items, under a special license from Sentinel. As a result, the $1.5 million company in hydrogenated cooking fats grew within a few years to a $662 million diversified, integrated corporation in services, medical systems, technology products and consumer items with offices worldwide. 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, the latest in quality standards. Wipro works with leading global companies, such as Alcatel, Nokia, Cisco and Nortel and has a joint venture in Medical Systems with General Electric company.

Premji's story of success and prominence clearly shows how determination and perseverance, when coupled with knowledge, clear vision and proper planning, enable one to reach the peak of success and leadership. A straight forward person, he doesn't believe in resorting to bribery or corruption to get things done and associates quality with integrity. He leads a quiet life with his wife Yasmin Premji who had worked for 'Inside Outside' (editorial) in Mumbai and his two sons in a simple, but elegant villa in Bangalore. The elder son, Rishad, works in the USA for GE and the younger one, Tariq, has co-founded a dotcom and works from Bangalore. Mr. Premji who holds 78% stakes in the company does not believe in naming one of his sons as his successor just for the norms.

Over the years, Azim Premji has been privileged with many honors and accolades. He was chosen as the Business India's 'Businessman of the Year 2000', He was named by Fortune (August 2003) as one of the 25 most powerful business leaders outside the US, Forbes (March 2003) listed him as one of ten people globally, Business Week featured (October 2003) him on their cover with the sobriquet 'India's tech king'. The Indian Institute of Technology, Roorkee and the Manipal Academy of Higher Education have both conferred honorary doctorates on him. He is also a member of the Prime Minister's Advisory Committee for Information Technology in India. In the year 2001, Premji established Azim Premji Foundation, a not-for-profit organization with a vision of influencing the lives of millions of children in India by facilitating the universalisation of elementary education. The foundation works closely with the state governments of Karnataka, Andhra Pradesh, Madhya Pradesh etc and the programs cover over 5000 rural schools. Premji contributes the financial resources for the foundation.

Monday, April 27, 2009

Made in Bharat

Anand Mahindra (Born on 1 May, 1955) is the Vice Chairman and Managing Director of one of India’s largest companies, Mahindra & Mahindra. He now resides at his home town Mumbai.

Anand graduated from Harvard College, Cambridge, Massachusetts, Magna cum Laude (High Honours). Following completion of his MBA from Harvard Business School, Boston, Massachusetts in 1981.

Mahindra returned to India and joined Mahindra Ugine Steel Company (MUSCO) where he became President and Deputy Managing Director in 1989. During this time he initiated the Mahindra Group’s diversification into the new business areas of real estate development and hospitality. In 1991, he was appointed Deputy MD of Mahindra & Mahindra Ltd. He became the Managing Director in 1997 and took on the additional responsibility of Vice Chairman in 2003.

Mahindra was a co-promoter of Kotak Mahindra Finance Ltd., which in 2003 was converted into a . Kotak Mahindra Bank is one of the foremost private sector banks today.

Under Anand Mahindra, the company launched India’s best loved SUV, the Scorpio, which today has gone global.