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NAINA LAL KIDWAI: New place, new deals |
When
the international media toasts you as one of the most powerful businesswomen
of the region (if not the world) any move you make is certain to
be noticed. Just ask Naina Lal Kidwai, the fortyish Vice-Chairman
of JM Morgan Stanley, who has just announced her move to hsbc as
head of its investment banking business in India. Kidwai, a graduate
in economics (from Delhi University) and a chartered accountant
to boot, has several firsts to her credit: in 1982, she became the
first female Indian citizen to graduate from Harvard Business School,
and in 1994, she became Morgan Stanley's first Indian recruit. Morgan
Stanley's first Indian offering, a mutual fund, flopped, but by
1999 the firm, which had since forged an alliance with Mumbai-based
JM Financial, had become India's leading investment bank. "There
is a certain sense of satisfaction in leaving a stable ship when
it is right at the top," says Kidwai. Well, the lady, largely
responsible for JM Morgan's technology and privatisation practices,
played no small part in that. The move to HSBC, where she will also
oversee the firm's securities trading and research practices, will
necessitate relocation to Mumbai, a city that Kidwai, a Western
Classical music buff, says she loves. "But I'll miss Delhi,"
she adds. Notch up another first for Ms Kidwai.
The Other Side
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SYEDA IMAM & SAMIR MODI: Aiding a
cause |
Addressing a social cause can do wonders to a company's
image. Only, Samir Modi, Modicare's prez and MD, maintains
the cause is more important than anything else. The cause is aids
and Modi is the moving force behind The Positive Side-described
by the man himself as "the first coffee table book on aids
in the world". A product of the Modicare Foundation, the book,
created and designed by Contract Advertising, "brings a feeling
of empathy and humaneness to an issue cloaked in secrecy",
says Modi. Adds Contract's Executive Vice President Syeda Imam,
"the illiteracy about aids is dangerous." The Positive
Life is the first in a series by the Modicare Foundation to
probe into the positive side of life. The next book, intones Imam,
"may deal with children". Meanwhile, preparations are
on at Modicare to launch the 134-page book by the end of the month.
Preview: it is a designer's treat. Now, if people can take this
coffee table book seriously...
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VIJAY JINDAL: Can he change DD's karma? |
All For A Good Cause
Surely, Vijay Gopal Jindal, the 44-year-old
former head honcho of Zee and Bennett, Coleman & Co, must believe
in karma. One, his company is called Karma Networks. And two, the
man explains his Doordarshan connection-splashed all over media
last week-simply as an effort ''to give back to the nation in my
own way''. For the record, Jindal heads a honourary 10-member marketing
advisory committee that is changing the way Doordarshan markets
itself. Among the typical VG recommendations: bundling of airtime,
flexible tariffs to offload inventory, even the hiring of a pr outfit.
All this, the man reckons, should be enough to ''unleash the power
of DD's platform''. As for the buzz about Karma and Videocon coming
together to launch a channel, Jindal believes his ''commercial plans''
can wait another two-to-three months to go public while he helps
the public service broadcaster clean out its stables. Now, if that
isn't altruism, what is?
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