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People
Vikings In India
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ARNE
KNABEN: overwhelmed by India, but feels at home |
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LARS WALAN:
a Indophile working on a turnaround act |
Actually,
it's unfair to call any Scandinavian that. For one, the word Viking was
never meant to describe a set of people, but only their action (that bit
about them looting and plundering is true nevertheless). But more
importantly, the Scandinavians that BT knows of in India (incidentally,
all in Bangalore)-Bob Hoekstra, CEO, Philips Software; Lars Walan, CEO,
Astra Zeneca; Johan Wilson, Managing Director, Telelogic; Inge Gandshoel,
Managing Director of Ericsson India; Keon Wentink of Avestha Gengraine,
and Arne Knaben, marketing chief of Volvo India-are the corporate variety,
and on foreign soil on very different kinds of missions.
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BOB
HOEKSTRA: making the most of the abundant Indian talent in
software |
While Hoekstra and Wentink are making sure
that their respective companies tap the best of Indian talent in it and
biotechnology, Walan is here to turn around Astra Zeneca, and Knaben is
trying to convince fleet operators in India that modern truck technology
may actually be better for their bottomlines. Gandshoel's company, of
course, needs no introduction and Wilson's Telelogic, while no household
name like Ericsson, does the high-end work of making tools for software
and systems engineering. But how are our Scandinavian friends taking to
the heat and dust of India? ''One tends to get overwhelmed by India
initially because there are people everywhere,'' confesses Knaben. ''But
there's a small club of people from my part of the world, besides which
the natural warmth of Indians is helping me feel at home.''
His compatriots find themselves equally at
ease. Says Walan of Astra Zeneca: ''Although some would consider a
deputation to India as a punishment posting, I look at it very
differently.'' For good reason. Walan hasn't just been involved in
charities in the country for the last 10 years; his adopted daughter is of
Indian birth.
Life In Death
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SANJAY
BHATNAGAR: back with big bucks |
Lights may
be going out for ENRON in India, but its former country manager, Sanjay
Bhatnagar, is shining bright. Recently, the Harvard-grad, who spent over
seven years getting Enron's $2.7 billion Dabhol Power Co. up and running,
returned to India with $500 million in his pockets as a venture
capitalist. His new fund, Thot Capital, will primarily invest in
distressed, but essentially good, companies and then turn them around. The
40-year-old Bhatnagar, who spends most of his time between Delhi and New
York, has already acquired stakes in Droplets (an emerging internet
technology company) and Legital (a company working in the digital
signature space), both in the US, and is also scouting for some deals at
home. But is VC still a good business to be in? ''In the last two to three
years, the business models of companies have changed substantially. That
is why they need all the more help,'' is how Bhatnagar sees it. He has
company in Rajesh Jog, CFO of e-Ventures, who's also putting together a
fund to invest in troubled companies. Last fortnight, Jog was in Europe
trying to talk a $100-million-plus out of investors. Having worked at
Enron and e-Ventures respectively, Bhatnagar and Jog should know a thing
or two about companies in distress, right?
Chip Warrior
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P.
WARRIOR: there's no stopping this super girl |
It wasn't
her surname that influenced embattled tech-giant Motorola to name
Padmasree Warrior general of its prestigious chip development business in
Illinois, USA. The 39-year-old chemical engineer from IIT-Delhi has more
than earned her spurs at the $37-billion communications major. Joining
Motorola in 1984, Warrior worked her way up to become the Director of
Semiconductor Products Sector, whose army of 1,300 engineers have filed
for 270 patents in emerging communication technologies. Now, as the head
of the jealously guarded chip team, Warrior isn't just the highest ranking
Indian woman techie in the US, but also Motorola's top-most woman
executive. But that's not really what excites this pottery and painting
enthusiast about her new job. It is this: she has been entrusted with the
task of turning into reality Motorola's dream of developing a new kind of
compound semiconductor and silicon-based chip, which will be 40 times
faster than those currently available. Obviously, Motorola believes that
if there is anybody who can win this battle, it is this warrior.
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