Monday, February 28, 2011

Salary earners with income till 5 Lakh need not file returns

Salary earners having an income of less than Rs 5 lakhs will not have to file tax returns from this year, a finance ministry official said.

"Salaried people, may be up to Rs 5 lakh...they need not file the (income tax) return," CBDT chairman Sudhir Chandra told reporters at the customary post-Budget press conference.

Salary earners with income till Rs. 5 Lakh need not file returns

The government, he said, is working out a scheme and will notify it "very soon".

The Form 16 issued to salaried employees will be treated as Income Tax Return, he added.

http://www.siliconindia.com/shownews/Salary_earners_with_income_till_Rs_5_Lakh_need_not_file_returns-nid-79726.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Salary earners with income till 5 Lakh need not file returns

Salary earners having an income of less than Rs 5 lakhs will not have to file tax returns from this year, a finance ministry official said.

"Salaried people, may be up to Rs 5 lakh...they need not file the (income tax) return," CBDT chairman Sudhir Chandra told reporters at the customary post-Budget press conference.

In case such a salary earner has income from other sources like dividend, interest etc. and does not want to file returns, he will have to disclose such income to his employer for tax deduction, Chandra said.

The government, he said, is working out a scheme and will notify it "very soon".

The Form 16 issued to salaried employees will be treated as Income Tax Return, he added.

http://www.siliconindia.com/shownews/Salary_earners_with_income_till_Rs_5_Lakh_need_not_file_returns-nid-79726.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Salary earners with income till 5 Lakh need not file returns

http://www.siliconindia.com/shownews/Salary_earners_with_income_till_Rs_5_Lakh_need_not_file_returns-nid-79726.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Sunday, February 20, 2011

T24: India's first unpaid mobile service

Elaborating on what the two way benefit is, Mayur Toshniwal, CEO, T24 said that through this service, customers will reap in shopping benefits as they talk and talk time benefits as they shop.

How the unpaid mobile connection will work is when customers shop at any outlet under the Future Group tag, they will be rewarded with free talk time for every purchase made above

351. A subscriber needs to have a T24 SIM card to avail the unpaid mobile services. The per-second rates for calls will be applicable for the T24 customers on the Tata Teleservices' GSM network.

So the calculation here is simple. If you do a shopping of 3,001 in any Future Gropu store, you stand to get a free talk time of 150 on your T24 SIM card.

The stores covered under the Future Group chain include Big Bazaar, Pantaloons, Central, Brand Factory, Home Town, eZone and Aadhar, wherein you will get exclusive mobile connection and tariff plans under the T24 unpaid mobile service connection.

http://www.siliconindia.com/shownews/T24_Indias_first_unpaid_mobile_service-nid-77317.html

T24: India's first unpaid mobile service

The innovations in the telecom sector continues. Now we have India's first unpaid mobile connection service called T24 (TALK24). The service is brought by Tata Teleservices and Future Group, the retailer. The T24 service has been launched on the GSM platform and provides a two way benefit to the customers.

Elaborating on what the two way benefit is, Mayur Toshniwal, CEO, T24 said that through this service, customers will reap in shopping benefits as they talk and talk time benefits as they shop.

How the unpaid mobile connection will work is when customers shop at any outlet under the Future Group tag, they will be rewarded with free talk time for every purchase made above

351. A subscriber needs to have a T24 SIM card to avail the unpaid mobile services. The per-second rates for calls will be applicable for the T24 customers on the Tata Teleservices' GSM network.

So the calculation here is simple. If you do a shopping of

3,001 in any Future Gropu store, you stand to get a free talk time of

150 on your T24 SIM card.

The stores covered under the Future Group chain include Big Bazaar, Pantaloons, Central, Brand Factory, Home Town, eZone and Aadhar, wherein you will get exclusive mobile connection and tariff plans under the T24 unpaid mobile service connection.

http://www.siliconindia.com/shownews/T24_Indias_first_unpaid_mobile_service-nid-77317.html

IIM Indore student offered 32 Lakh per annum package

A student of Indian Institute of Management (IIM), Indore, has been offered a salary of

32 lakh per annum, the highest ever for the institute here.

An investment bank has made this offer to a student of 2009-11 batch, with a posting in India, institute sources said.

Last year, the highest offer was Rs 28 lakh per annum. The average package offered to the 'Post Graduate Diploma in Management' (PGDM) students this time around was 27 per cent higher than the last year, the sources said.

Over 100 employers from India and abroad participated in the final placement round.

http://www.siliconindia.com/shownews/IIM_Indore_student_offered_Rs_32_Lakh_per_annum_package-nid-79255.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

IIM Indore student offered 32 Lakh per annum package

A student of Indian Institute of Management (IIM), Indore, has been offered a salary of

32 lakh per annum, the highest ever for the institute here.

An investment bank has made this offer to a student of 2009-11 batch, with a posting in India, institute sources said.

Last year, the highest offer was Rs 28 lakh per annum. The average package offered to the 'Post Graduate Diploma in Management' (PGDM) students this time around was 27 per cent higher than the last year, the sources said.

Over 100 employers from India and abroad participated in the final placement round.

http://www.siliconindia.com/shownews/IIM_Indore_student_offered_Rs_32_Lakh_per_annum_package-nid-79255.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

IIM Indore student offered 32 Lakh per annum package

A student of Indian Institute of Management (IIM), Indore, has been offered a salary of

Over 100 employers from India and abroad participated in the final placement round.

http://www.siliconindia.com/shownews/IIM_Indore_student_offered_Rs_32_Lakh_per_annum_package-nid-79255.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Saturday, February 19, 2011

True life of a NRI (Non resident Indian) in USA

http://www.youtube.com/watch?v=clRgupTDuW4

True life of a NRI (Non resident Indian) in USA

http://www.youtube.com/watch?v=clRgupTDuW4

My working partner in relationship with
HSBC London has concluded that our working
partner has helped us to send you first payment of US$5,000 to you as
instructed by Malaysia government and will
keep sending you $5000 twice a week until
the payment of (US$820,000 ) is completed
within six months and here is the information

MONEY TRANSFER REFERENCE:2116-3297

SENDER'S NAME: Mike Marx
AMOUNT: US$5000
To track your funds forward money gram
Transfer agent Mr Allan Davis

Your Name.__________________________
Phone .__________________________

Contact Allan Davis for the funds clearance
certificate neccessary for the realise of your funds

E-mail:mrallan_davis1@yahoo.co.jp
D/L: Tel:+601-635-44376

Please direct all enquiring to:
money gram
Alex Rogers: Please direct all enquiring to:
dmr.allan@yahoo.com.hk

Best Regards,
Mr Allan Davis

Tuesday, February 15, 2011

UK to exempt high earners from immigration cap

High-earning non-European professionals, including Indians, will be exempted from an annual UK immigration cap which will come into effect in April.

The government yesterday announced that employers filling a vacancy that attracts a salary of 150,000 pounds or more will not be subject to the limit.

Home Office Minister Damian Green made clear that the decision to exempt those earning more than 150,000 pounds a year from the annual limit was intended to make it as business-friendly as possible and to dispel claims that Britain was not open for business.

"This shake up is part of the government's new annual limit on non-EU workers, which will take effect on April 6, " the British Home Ministry said.

The David Cameron government last year had announced a permanent immigration quota intended to slash the number of non-EU nationals permitted to work in the country to around 20,700.

Under the new system, employers will have to apply for a Certificate of Sponsorship (COS) from the UK Border Agency for a specific post if they wish to bring someone to the UK.

Green said: "Britain needs to attract the brightest and the best to fill jobs gaps but this should never be at the expense of workers already here.

"We have worked closely with businesses while designing this system, and made it clear employers should look first to people who are out of work and who are already in this country.

"And those that do come here to work must know that we intend to make the route to settlement tougher. It can not be right that people coming to fill temporary skills gaps have open access to permanent settlement."

The annual limit of 20,700 COS will be divided into 12 monthly allocations. Due to the likely demand in the first month, 4,200 COS will be made available in April.

After that the limit will be set at 1,500 places per month. Any places that are unused each month will be rolled over to the following month.

In the event that the monthly allocation is over subscribed, COS applications will be ranked using a points system designed to favour jobs on the shortage occupation list, scientific researchers and those with a higher salary.

Once a COS has then been granted to an employer it must be assigned to the prospective employee within three months.

Workers from outside the EU who want to come to Britain will need to have a graduate level job, speak an intermediate level of English, and meet specific salary and employment requirements.

http://economictimes.indiatimes.com/news/news-by-industry/services/travel/visa-power/uk-to-exempt-high-earners-from-immigration-cap/articleshow/7507043.cms

UK to exempt high earners from immigration cap

High-earning non-European professionals, including Indians, will be exempted from an annual UK immigration cap which will come into effect in April.

The government yesterday announced that employers filling a vacancy that attracts a salary of 150,000 pounds or more will not be subject to the limit.

Home Office Minister Damian Green made clear that the decision to exempt those earning more than 150,000 pounds a year from the annual limit was intended to make it as business-friendly as possible and to dispel claims that Britain was not open for business.

"This shake up is part of the government's new annual limit on non-EU workers, which will take effect on April 6, " the British Home Ministry said.

The David Cameron government last year had announced a permanent immigration quota intended to slash the number of non-EU nationals permitted to work in the country to around 20,700.

Under the new system, employers will have to apply for a Certificate of Sponsorship (COS) from the UK Border Agency for a specific post if they wish to bring someone to the UK.

Green said: "Britain needs to attract the brightest and the best to fill jobs gaps but this should never be at the expense of workers already here.

"We have worked closely with businesses while designing this system, and made it clear employers should look first to people who are out of work and who are already in this country.

"And those that do come here to work must know that we intend to make the route to settlement tougher. It can not be right that people coming to fill temporary skills gaps have open access to permanent settlement."

The annual limit of 20,700 COS will be divided into 12 monthly allocations. Due to the likely demand in the first month, 4,200 COS will be made available in April.

After that the limit will be set at 1,500 places per month. Any places that are unused each month will be rolled over to the following month.

In the event that the monthly allocation is over subscribed, COS applications will be ranked using a points system designed to favour jobs on the shortage occupation list, scientific researchers and those with a higher salary.

Once a COS has then been granted to an employer it must be assigned to the prospective employee within three months.

Workers from outside the EU who want to come to Britain will need to have a graduate level job, speak an intermediate level of English, and meet specific salary and employment requirements.

http://economictimes.indiatimes.com/news/news-by-industry/services/travel/visa-power/uk-to-exempt-high-earners-from-immigration-cap/articleshow/7507043.cms

UK to exempt high earners from immigration cap

http://economictimes.indiatimes.com/news/news-by-industry/services/travel/visa-power/uk-to-exempt-high-earners-from-immigration-cap/articleshow/7507043.cms

Fastest wireless radio developed

Researchers, several of them of Indian origin, have developed the first wireless radio that can send and receive signals at the same time. This makes them twice as fast as existing technology.

"Textbooks say you can't do it," said Philip Levis, assistant professor of computer science and electrical engineering at Stanford University. "The new system completely reworks our assumption of how wireless networks can be designed," a Stanford statement quoted him as saying.

A trio of electrical engineering graduate students, Jung Il Choi, Mayank Jain and Kannan Srinivasan, began working on a new approach when they came up with a seemingly simple idea.

In most wireless networks, each device has to take turns speaking or listening. "It's like two people shouting messages to each other at the same time," said Levis. "If both people are shouting at the same time, neither of them will hear the other."

It took the students several months to figure out how to build the new radio, with help from Levis and Sachin Katti, assistant professor of computer science and of electrical engineering.

The group has a provisional patent on the technology and is working to commercialise it. They are currently trying to increase both the strength of the transmissions and the distances over which they work.

http://www.siliconindia.com/shownews/Fastest_wireless_radio_developed-nid-79015.html

India,Japan sign free trade agreement

Japan and India signed a bilateral free trade agreement that would abolish duties on more than 90 percent of trade for 10 years.
Japanese Foreign Minister Seiji Maehara and Indian Commerce and Industry Minister Anand Sharma concluded the pact in a ceremony at the foreign ministry in Tokyo.
The pact will "promote a strategic partnership between the two countries so that they can establish win-win relations and achieve growth", Maehara said.

Sharma said the pact "provides an overarching framework to promote our economic cooperation, both trade and investment, which will be rewarding for both India and Japan".
"We have noted in our mind that this will usher in a new era of economic engagement, which will bring development, innovation and also prosperity in both of our societies," he said.
The deal would eliminate tariffs on 90 percent of Japanese exports to India, such as auto parts and electric appliances, and 97 percent of imports from India, including agricultural and fisheries products, until 2021, the Japanese government said.
The two countries have been negotiating since January 2007.
Japan and India are also to continue talks on lifting employment restrictions to allow Indians to work in Japan as nurses and care givers. Japan, which is bracing itself for increasing health care requirements as its population ages, hopes to conclude the talks within two years, the government said.

http://www.siliconindia.com/shownews/IndiaJapan_sign_free_trade_agreement_-nid-79014.html

Fastest wireless radio developed

Researchers, several of them of Indian origin, have developed the first wireless radio that can send and receive signals at the same time. This makes them twice as fast as existing technology.

"Textbooks say you can't do it," said Philip Levis, assistant professor of computer science and electrical engineering at Stanford University. "The new system completely reworks our assumption of how wireless networks can be designed," a Stanford statement quoted him as saying.

Cell phone networks allow users to talk and listen simultaneously, but they use a workaround that is expensive and requires careful planning, making the technique less feasible for other wireless networks, including Wi-Fi.

A trio of electrical engineering graduate students, Jung Il Choi, Mayank Jain and Kannan Srinivasan, began working on a new approach when they came up with a seemingly simple idea.

In most wireless networks, each device has to take turns speaking or listening. "It's like two people shouting messages to each other at the same time," said Levis. "If both people are shouting at the same time, neither of them will hear the other."

It took the students several months to figure out how to build the new radio, with help from Levis and Sachin Katti, assistant professor of computer science and of electrical engineering.

The group has a provisional patent on the technology and is working to commercialise it. They are currently trying to increase both the strength of the transmissions and the distances over which they work.

http://www.siliconindia.com/shownews/Fastest_wireless_radio_developed-nid-79015.html

India,Japan sign free trade agreement

Japan and India signed a bilateral free trade agreement that would abolish duties on more than 90 percent of trade for 10 years.

Japanese Foreign Minister Seiji Maehara and Indian Commerce and Industry Minister Anand Sharma concluded the pact in a ceremony at the foreign ministry in Tokyo.

The pact will "promote a strategic partnership between the two countries so that they can establish win-win relations and achieve growth", Maehara said.

Sharma said the pact "provides an overarching framework to promote our economic cooperation, both trade and investment, which will be rewarding for both India and Japan".

"We have noted in our mind that this will usher in a new era of economic engagement, which will bring development, innovation and also prosperity in both of our societies," he said.

The deal would eliminate tariffs on 90 percent of Japanese exports to India, such as auto parts and electric appliances, and 97 percent of imports from India, including agricultural and fisheries products, until 2021, the Japanese government said.

The two countries have been negotiating since January 2007.

Japan and India are also to continue talks on lifting employment restrictions to allow Indians to work in Japan as nurses and care givers. Japan, which is bracing itself for increasing health care requirements as its population ages, hopes to conclude the talks within two years, the government said.

http://www.siliconindia.com/shownews/IndiaJapan_sign_free_trade_agreement_-nid-79014.html

Corruption kills the confidence of Indian investors

Corruption and the inflation are the major concern for Indian investors, according to a survey done by Value Note revealed. Arun Jethmalani, Managing Director Value Note said that the worries over inflation are still dominant but corruption has emerged as a major issue, and this kept the investors's confidence level low .

This survey was conducted in eight cities, Mumbai, Delhi/NCR, Kolkata, Chennai, Ahmedabad, Bengaluru, Pune and Hyderabad. The survey says that corruption has come out as a new confidence killer with 19 percent retail investors, eight percent companies and 16 percent advisors stating that it was the most negative economic indicator in the current scenario. It became the major cause of concern over past four quarters.

The Confidence Index in December 2010 quarter is 146.3 that is 0.9 points higher from September 2010 quarter. The retail ICI stands at the highest points at 159.5 wheras the advisor confidence index and the corporate confidence index comes after ICI at 147.2 and 132.2 respectively.

http://www.siliconindia.com/shownews/Corruption_kills_the_confidence_of_Indian_investors-nid-78974.html

Corruption kills the confidence of Indian investors

The Confidence Index in December 2010 quarter is 146.3 that is 0.9 points higher from September 2010 quarter. The retail ICI stands at the highest points at 159.5 wheras the advisor confidence index and the corporate confidence index comes after ICI at 147.2 and 132.2 respectively.

http://www.siliconindia.com/shownews/Corruption_kills_the_confidence_of_Indian_investors-nid-78974.html

China orders curbs on international conferences

China's government has called for a reduction in the number of international conferences and forums held in the country, apparently out of fear the proliferating meetings are squandering public funds.

Officials across the country have been asked to restrict the number of international meetings they host and stop holding events with no "substance", according to the finance and foreign ministries.

Conferences with the same or similar themes must not be held at the same time or even at short intervals, the ministries said in a joint statement issued over the weekend.

State media reports on Monday suggested the new restrictions took aim at the spiralling costs of some gatherings.

Organisers should also refrain from inviting Communist Party officials or Chinese leaders to their events, the statement added, without giving a reason for the new rules.

The clampdown appears to be aimed at restricting wasteful spending on costly conferences that often rely on local government funding.

China has seen a surge in the number of international gatherings in recent years as it seeks to flaunt its rising soft power.

According to the International Congress and Convention Association, China was the ninth-most popular country in the world to host conferences in 2009, putting it in the top 10 for the first time, with 245 international forums held that year.

http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20110214-263472.html

China orders curbs on international conferences

Officials across the country have been asked to restrict the number of international meetings they host and stop holding events with no "substance", according to the finance and foreign ministries.

Conferences with the same or similar themes must not be held at the same time or even at short intervals, the ministries said in a joint statement issued over the weekend.

State media reports on Monday suggested the new restrictions took aim at the spiralling costs of some gatherings.

Organisers should also refrain from inviting Communist Party officials or Chinese leaders to their events, the statement added, without giving a reason for the new rules.

The clampdown appears to be aimed at restricting wasteful spending on costly conferences that often rely on local government funding.

China has seen a surge in the number of international gatherings in recent years as it seeks to flaunt its rising soft power.

http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20110214-263472.html

China orders curbs on international conferences

Officials across the country have been asked to restrict the number of international meetings they host and stop holding events with no "substance", according to the finance and foreign ministries.

Conferences with the same or similar themes must not be held at the same time or even at short intervals, the ministries said in a joint statement issued over the weekend.

State media reports on Monday suggested the new restrictions took aim at the spiralling costs of some gatherings.

Organisers should also refrain from inviting Communist Party officials or Chinese leaders to their events, the statement added, without giving a reason for the new rules.

The clampdown appears to be aimed at restricting wasteful spending on costly conferences that often rely on local government funding.

China has seen a surge in the number of international gatherings in recent years as it seeks to flaunt its rising soft power.

http://news.asiaone.com/News/Latest%2BNews/Asia/Story/A1Story20110214-263472.html

Thursday, February 10, 2011

Android Application to run on other phones

Myriad, a mobile technology company, announced new software Alien Dalvik that will allow Android applications to run on non-Android platforms.

With this, a much wider range of devices and platforms will be able to host Android applications, making it available for new audiences. The software can be installed without any user disruption. The users won't have to restrict to the applications, OS of their device can hosts, and instead they will have the options of android applications on their devices as well.

The software lets the application run unmodified and hence letting the app store owners and mobile operators to start their services just by repackaging Android Package (APK) files.

The software will be unveiled for the first time at Mobile World Congress 2011 in Barcelona.

http://www.siliconindia.com/shownews/Android_Application_to_run_on_other_phones-nid-78633.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Android Application to run on other phones

Myriad, a mobile technology company, announced new software Alien Dalvik that will allow Android applications to run on non-Android platforms.

With this, a much wider range of devices and platforms will be able to host Android applications, making it available for new audiences. The software can be installed without any user disruption. The users won't have to restrict to the applications, OS of their device can hosts, and instead they will have the options of android applications on their devices as well.

The software lets the application run unmodified and hence letting the app store owners and mobile operators to start their services just by repackaging Android Package (APK) files.

The software will be unveiled for the first time at Mobile World Congress 2011 in Barcelona.

http://www.siliconindia.com/shownews/Android_Application_to_run_on_other_phones-nid-78633.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Android Application to run on other phones

http://www.siliconindia.com/shownews/Android_Application_to_run_on_other_phones-nid-78633.html?utm_campaign=Newsletter&utm_medium=Email&utm_source=Subscriber

Wednesday, February 2, 2011

Indian students who became best CEOs

India's best students who became CEOs

Narayana Murthy got through IIT but his father couldn’t afford the fees.

NARAYAN MURTHY

As a boy, Nagavara Ramarao Narayana Murthy was someone who could easily go unnoticed in a crowd. He was short, but sharp. Often, his seniors in school came to him for solving Science problems.

Murthy came from a lower middle class, Brahmin family from Mysore. His father, a school teacher, was fond of English literature. And like all the boys of his class, he too had dreams of going to IIT. So he worked hard, studied in the shade of boulders close to Chamundi hills, and helped many in his class to prepare for the entrance exam.

Murthy wasn’t surprised when he got through. When he broke the news of his success to his father, it is said his words were: ‘Anna, I have passed the exam…I want to join IIT.” Proud he was of his son’s achievement but he couldn’t afford the fees and so Murthy had to relinquish his IIT dreams. Murthy stayed back in Mysore. When asked about his decision to stay back, he said to his friends, "It is not the institution but you alone who can change your life with hard work".

He lived up to his own words. Several years afterwards, Narayana Murthy revolutionised India’s software industry by founding Infosys. And this has made him the icon of middle class dreams. He redefined India in the eyes world. India was no longer a third world country, but a fast developing nation. In the process, he promoted thousands of young, creative Indian minds to the world and made Infosys and India a hub of talent.

It is known to the world that he founded Infosys along with six others with just a few thousand rupees which his wife, Sudha Murthy gave. It was an incredible risk to take, but Murthy knew it was going to work, just as he knew he would get through IIT. Which he did, eventually. After Murthy graduated from the National Institute of Engineering, Mysore, he joined IIT, Kanpur.

Thanks to IT and its development, the little known romance of Murthy and Sudha Kulkarni is talked about everywhere. It is hard to believe reading from Sudha’s account of an introvert, quiet Murthy, that he is the same person to have revolutionised the IT industry.

When Murthy was asked by Sudha’s father about his ambitions, he said he wanted to become a politician in the communist party and wanted to open an orphanage.

While he has opened several orphanages since, his dream of becoming a politician still remains unfulfilled. After retiring from Infosys, Murthy was hoping to become President of India after the term of Dr. Abdul Kalam. Even though he denied having political ambitions, his supporters would like to see him on the throne.

Our Mysore Murthy is, no doubt, a visionary who has ignited millions of young minds.

Education

B E (1967)

MTech (1969)

Honours and Awards

Padma Vibushan- 2008

Officer of the Legion of Honor- 2008

World Entrepreneur of the Year- 2003

Business India’s “Businessman of the Year- 1999

JRD Tata Corporate Leadership Award- 1996-97

INDRA NOOYI

Chairman & CEO, PepsiCo

Chairman of PepsiCo's Board of Directors, Indra is the highest-ranking Indian-born woman in corporate America, and she attributes much of her success to her upbringing in India. "Being a woman and being foreign-born, you've got to be smarter than anyone else," says Nooyi, who often dons a sari at PepsiCo events.

Education

She completed schooling at Holy Angels AIHSS, Chennai, has a BSc (Chemistry) from Madras Christian College in 1974 and a PGDM from IIM Calcutta. In 1978, Nooyi earned a Master's degree in Public and Private Management from Yale School of Management. At Yale, she worked as a receptionist from midnight to 5 a.m. to earn some money.

Career graph

Starting her career in India, Nooyi held different positions at Johnson & Johnson and textile firm Mettur Beardsell. In the US, Nooyi worked with BCG, Motorola and ABB. Nooyi joined PepsiCo in 1994, and became chairperson in 2007.

Childhood memories

As a child, Indra’s grandfather insisted on academic excellence from his grandchildren. According to Indra, when she did not figure in the top three ranks in class, she preferred to throw herself under a bus than face her grandfather.

Awards

2007, Padma Bhushan

2008 Elected as Fellow, American Academy of Arts and Sciences

ARUN SARIN

Former CEO, Vodafone

Born on October 21, 1954 at Panchmari, Madhya Pradesh, Sarin was an academically bright student. He was equally good at sports like field hockey, boxing and various extracurricular activities. He wanted to follow his father's footsteps into the military by pursuing a career as a pilot, but when his mom protested, he applied and was accepted at IIT, Kharagpur.

He graduated from the IIT in 1975 with a Bachelor of Science degree in engineering in the top 10 percent of his class and received the BC Roy gold medal for academic excellence. He received a full scholarship to the University of California, Berkeley, Graduate College of Engineering.

In the year 2003, Sarin became the Chief Executive Officer of Vodafone. When he resigned in 2008 from his post Vodafone was the world's largest mobile phone company by revenue. It was the firm’s large market presence in India that catapulted Sarin into the limelight. Currently he serves on the boards of Cisco and Safeway, Inc.

Academics

BTech (IIT)

MBA (Haas UC,Berkeley)

Awards

University of California at Berkeley, Haas School Business Leader of Year- 2002

University of California Trust (UK) Award- 2003

Born in Nagpur, Pandit was the Citigroup’s youngest CEO when he took over in 2007. The first Indian to achieve this feat, the job was touted as the toughest in the world due to the company’s poor performance.

A brilliant boy in school, he moved to US when he was 16. After finishing his Master’s in electrical engineering and MBA from Columbia University, he was determined to get a PhD in a different subject. In those days, students preferred to either study medicine or engineering. And that was the time when his guide advised him to take up finance, as it was a good field. He followed the advice, and switched to finance.

For a brief span, he taught at Indiana University Bloomington, Columbia’s Business School. He stepped into the corporate world in 1994, as a head of Morgan Stanley. His administrative and technical skills, plus an ability to make himself indispensable to bosses like John J. Mack and Phillip J. Purcell, fuelled his career at Morgan Stanley, where he became the president. He dealt with the Institutional Securities Division, Worldwide Institutional Equities Division. For him, this was an interesting area to work on

“To do well you have to put a lot of yourself into it.”

BS, Electrical Engineering, Columbia University (1976)

MS, Columbia University (1977)

MBA, Columbia Business School, Columbia University (1980)

PhD, Columbia Business School, Columbia University (1986)

SABEER BHATIA

Pioneer of web-based e-mail

Sabeer Bhatia has done the unconventional ever since he decided to study abroad at the age of 19; two years into undergraduate education at the Birla Institute of Technology and Science, he qualified for a transfer scholarship at Caltech, considered to be the world's most competitive scholarship. After graduating from Caltech in 1989, he pursued an MS in Electrical Engineering at Stanford University.

At the age of 27, Bhatia was no longer interested in working for others, and together with Smith, began chasing what many people in Silicon Valley deemed a “crazy idea” – a free e-mail service. They raised about $300,000 for their venture - Hotmail. Within a year, Hotmail had one million subscribers. So revolutionary was it that Microsoft bought it for $400 million after 18 months.

Did you know?

* He was rejected by 20 venture capitalists before Draper Fisher Juvetson bought his idea.

* The original spelling was HoTMaiL

Award

TR100 by the MIT, given to 100 young innovators who are expected to have the greatest impact on technology.

Qualifications

BTech, BITS Pilani

BSc(Honours) California Institute of Technology, US

MS Electrical Engineering (Stanford)

Thanks

by Careers360 - Tue, Feb 1, 02:03 AM

http://in.education.yahoo.com/news/yeducareers360/indias-best-students-who-became-ceos-20110201