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KAPIL KAPOOR:
Managing East by moving West |
Three
years ago, Kapil Kapoor returned to India from Bausch & Lomb
in Bangkok to take charge as the Managing Director of Timex India.
With the American watch major floundering in the Indian market after
a broken JV with Titan, he had the daunting task of pulling Timex
out of the mire. Not only did Kapoor successfully break the international
mould by positioning Timex in the lower segment, he also managed
to outsource manufacturing to a great extent. The impressive performance
has earned Kapoor an expanded role as the Regional Director for
India and South Pacific, which covers Australia, New Zealand, Thailand,
Malaysia and the Philippines. And what's more, he will be working
out of Timex's HQ in Middlebury, US. The good times for Kapoor have
just started to tick.
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AMRISH KUMAR: Waiting to
grow big |
Fashioning A Change
For someone who is just 25, Amrish Kumar has
quite an eventful life. By the time this economic grad from Bristol
University, UK, turned 23, he had worked for two major financial
services companies, Kotak Securities and HDFC Bank. But in 2002,
Kumar chucked up a bright career to join his fashion designer mom
Ritu Kumar's eponymous 15-store apparel chain business. "I had a
couple of consultants to look at our business and we found that
by using technology we could become pioneers in an area that is
very niche," Kumar says. With an investment of around Rs 10 lakh,
he's implemented a globally popular customer relationship management
(CRM) software SalesLogix. "For a small business that has limited
but high-value transactions, effective CRM is critical," he adds.
Kumar isn't restricting himself to just implementing technology.
He has also convinced his mother to introduce a cheaper pret line
called Label to reach out to the younger lot and broaden the customer
base. There aren't any immediate expansion plans, instead Kumar's
focus will be on modernising the chain. Way to go.
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KARAN BILIMORIA: Brimming over |
Frothy Success
It's tough to keep the 42-year-old UK-based
brewer Karan Bilimoria out of news. Weeks after he was elected
co-chairman of Indo-British Partnership, which fosters trade and
investment between the two countries, Ernst & Young, in July, named
Bilimoria as "London's Entrepreneur of the Year for Consumer Products".
Commenting on the award, the Law graduate from Cambridge gushes:
"After creating Cobra from scratch, in the most competitive beer
market, I've learnt that if you have the passion and drive to succeed,
the sky is the limit." We hope there aren't any burps for Bilimoria.
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SUBHASH GHAI: Betting on technology to
cut piracy |
Digital Designs
Hollywood icon Steven Spielberg hates it, George
Lucas of Star Wars fame swears by it. But in Subhash Ghai the
latter has found a high-profile proponent of the digital moviemaking
movement in Bollywood. For those not in the know, a digital movie
can be filmed and stored in small diskettes, reducing the chances
of both piracy and wear and tear. Ergo, Ghai's Mukta Arts, a production
house and Manmohan Shetty's Adlabs Films, a movie processing and
infrastructure company, have tied up to create a new film distribution
company that will help around 400 theatres in rural centres and
B-cities to support the digital format. "It's a big step towards
backward integration in the film industry through technology. It
will allow us to widen our reach and cut down on piracy," says Ghai.
Spielbergs be damned.
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Y.V. REDDY:
A new innings |
Reddy Reckoner
Exactly a year after 60-year-old Yaga Venugopal
Reddy left RBI as its Deputy Governor to make it to the rarefied
echelons of IMF in Washington, he looks all set for a second innings
at the central bank's 18th floor office in Mumbai's Mint Street-this
time in the gubernatorial role. A career bureaucrat, Reddy is remembered
most for his speech delivered in 1997, during his six-year stint
as RBI's Deputy Governor, on forex management that actually brought
the markets down. That, according to Reddy, was to see how the market
reacted to a statement from the RBI. Seems like he wouldn't want
to be forgotten as just another signatory on the currency notes.
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RAJESH HUKKU: Weathering the storm |
Survival Secrets
With a successful software product like Flexcube
and a Citigroup parentage to boot, i-flex Solutions' pedigree was
never in doubt. In a year when tech stocks took a collective beating,
its shares rose by more than 150 per cent. For the company's 46-year-old
Chairman and MD Rajesh Hukku, success would taste sweeter
as Time magazine acknowledged him as one of the 15 "tech leaders
of the world who survived the crash". "The key to success," says
Hukku "is our committed team and a leadership that's focussed on
making a difference in our chosen niche." Nirvana for it companies,
if you still haven't figured out, lies in products.
-contributed by Roshni Jayakar, Moinak
Mitra, Priya Srinivasan & Shib Banerjee
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