Entrepreneurship• The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses.• In economics, entrepreneurship combined with land, labor, natural support.• resources and capital can produce profit. Entr epreneurial spirit is characterized by innovation and risk-taking.
Qualities of entrepreneurship• 1. Disciplined• 2. Confidence• 3. Open Minded• 4. Self Starter• 5. Competitive• 6. Creativity• 7. Determination• 8. Strong people skills• 9. Strong work ethic• 10. Passion
ProfileBorn On: November 14, 1943Born In: Kolkata, West BengalDied On: October 1, 1995Career: IndustrialistNationality: Indian
History• The grandson of the legendary G.D. Birla, Aditya Vikram Birla was one of the most inspirational and outstanding industrialists that India has ever had. His innovative ideas and marvelous abilities helped India to expand trade to foreign countries, thereby leaving an indelible mark on the corporate landscape. He was one of the first Indian industrialists to set up the largest multinational empire, thereby creating India’s first truly global corporation
Early life• Aditya Vikra Birla was born to the industrialist Basant Kumar Birla and Sarala Birla in Kolkata in West Bengal. He was the grandson of the legendary G.D. Birla, a prominent industrialist and founder of the vast Birla industrial empire.
Career LifeAfter Aditya completed his degree course inchemical engineering, he returned to Indiaand was handed over a part of Birla Companyto run. Not to be satisfied with just that, hestarted his own textile business with EasternSpinning Mills that became an instant hit inKolkata. With this, he put the company’ssinking rayon and textile business back ontrack.
Contribution to India• before the word globalization was included in India’s dictionary, Aditya set up a global business empire, thereby placing India on the world map in 1969. Under his guidance, the companies were making immense profits in key sectors of textiles, cement, aluminum, chemicals, fertilizers, fiber, financial services, sponge iron, software, and petro-refinery.
Conti…• Though his companies had over 70,000 employees, Aditya was actually generating indirect employment for more than 2 lakh people. Such was the contribution and prosperity brought to India that Aditya helped in earning respect for the “Made in India” quality stamp.
Personal LifeAditya Vikram Birla was married toRajshree. The couple had two kids,daughter Vasavadatta(married toKushagra Nayan Bajaj), and son KumarMangalam (current head of the AdityaBirla Group).
Honors & Awards• Lifetime Achievement Award by All India Association of Industries, January 1996• Award for Outstanding Contribution to the Phenomenal Growth of the Indian Cement Industry by All India Management Association, September 1996• Outstanding Young Person Award by Bombay Metropolitan Jaycees, 1978• Outstanding Citizen Award by North Bombay Jaycees, 1984
Products• Metals, cements, textiles,chemicals, agri business,carbon black, mining, wind power, insulators,telecommunications, fi nancial services, information technology, retail,
• Timeline 1943: Born in Kolkata, West Bengal 1965: Completed chemical engineering from Massachusetts Institute of Technology and returned to India 1965: Started Eastern Spinning Mills in Kolkata 1969: Set up Indo-Thai Synthetics Company Ltd. in Thailand 1973: Established P.T. Elegant Textiles in Indonesia 1974: Incorporated Thai Rayon in Thailand 1975: Launched The Indo Phil Group of companies in Philippines 1977: Set up the world’s largest single-location palm oil refinery, Pan Century Edible Oils in Malaysia
• 1978: Established Thai Carbon Black in Thailand 1982: P.T. Indo Bharat Rayon launched in Indonesia 1985: Conferred upon the Man of the Year Award by Amravathi Chamber of Commerce & Industry 1990: Awarded Businessman of the Year Award by Business India 1995: Died on October 1 from prostate cancer in Baltimore, USA, aged 51 1996: Bestowed with Lifetime Achievement Award by All India Association of Industries
Profile• Born On: 2nd December, 1947• Born In: Mangalore, Karnataka• Career: Non-Executive Chairman of ICICI Bank
History• Kundapur Vaman Kamath, popularly known as K.V. Kamath is a leading personality of the finance sector in India. He is very intelligent and has modernized the banking sector in India with his excellent and innovative concepts of Universal Banking and proper management of employees• Thus, with his hard work, devotion and intelligence he achieved popularity on both national and international levels. Claim to fame: K.V.Kamath is the first non-founder to become the Chairman of Infosys. Read on!
Early life• Mr. Kamath belongs to a Gaud Saraswat family. He finished his primary and intermediate education from St. Aloysius School and then pursued his Mechanical Engineering from the Karnataka Regional Engineering College, Surathkal which is presently known as the National Institute of Technology, Karnataka.• He married Rajalaxmi and the couple has two children, a son Ajay Kamath and a daughter Ajnya Kamath Pai. Kamath presently resides in Mumbai.
Career• K.V.Kamath started his career serving the ICICI Bank in the finance division project and then shifted to several departments for gaining experience in establishing new businesses such as venture capitalism, leasing, credit rating and also to be on the position of General Manager. When he became the General Manager, he started and executed the Computerization Programme of ICICI. In 1988, he joined the Private Sector Department of the Asian Development bank, Manila and was the delegate of the Asian Development Bank on the boards of many companies.• K.V.Kamath has also been a Co-Chairman of the World Economic Forums Annual Meeting in Davos and is a member of the Board of the Institute of International Finance.
Contribution to IndiaMr. Kamath has contributed a lot for the progressof the ICICI Bank and after his leadership thebalance sheet of this bank has maximized eighttimes over the last eight years. In present times,the bank has around millions of safety bondinvestors. Thus, he has played a very importantrole in the growth of ICICI, which is the secondlargest bank in India, providing a variety ofbanking and financial services. that this bank hasbecome the first Indian and second Asian bank tobe listed on the New York Stock Exchange.
Timeline• 1947: Born in Mangalore, Karnataka• 1969: Pursued his MBA from IIM-Ahmedabad• 2005: Businessman of the Year award by Business India• 2006: Outstanding Business Leader of the Year award from CNBC-TV18• 2007: Business Leader Award of the Year by the Economic Times• 2008: Honored with Padma Bhushan• 2011: Chairman of Infosys