When
you are the head of an important regulatory agency, people tend
to hang on to everything you say. And G.N. Bajpai, Chairman
of SEBI, has a lot to say. In the 30 months as the chief of stockmarket
watchdog, Bajpai, 62, has delivered more than 100 speeches on various
occasions. For the benefit of those who missed the more important
ones, Global Business Press has brought a book comprising 16 of
Bajpai's speeches. Launching the book at the start of this month
was no less than Finance Minister Palaniappan Chidambaram himself.
While CEO-authors may be a rarity, Bajpai is no stranger to the
world of publishing. Previously, as the head of state insurer LIC,
Bajpai penned an inspirational How To Become a Super Successful
Insurance Salesman and Start Winning. Should we expect a page-turning
memoir of his days at SEBI? "That will have to wait till my
retirement (end of February 2005)," declares the man. That's
just as well. Most bureaucrats get interesting only after they have
retired.
Shutterbug
CEO
How many tech CEOs you know are mathematicians
by education, avid gardeners, and photographers to boot, all at
once? If you said just one, then you are talking about Agendra
Kumar, Country Manager, Veritas Software, who last fortnight
put 33 of his favourite photos of heritage sites and places of scenic
beauty on display at an exhibition called "Symphony of Silence"
in Delhi. Says the 43-year-old who hails from Uttar Pradesh: "I
want to prove to the corporate world that despite our heavy schedules,
we can find time to indulge our hobbies." The number of techies
interested in working for Veritas may have just shot up.
To
God, His Dues
One of the regulars at the Shirdi Sai Baba
temple near Chennai en route to Mamallapuram is K.V. Ramani,
CEO of the city-based FutureSoft. Until recently, that was because
he built the temple out of his own money. Now, though, it would
probably be because he simply wants to thank God for a windfall-hard
earned, just the same-that's come his way. In a span of less than
16 weeks, Ramani sold his shares in two companies-Hughes Software,
which he co-founded, and FutureSoft-to hardware manufacturing giant
Flextronics. It's not yet public how much Ramani made in the two
deals, but it's obviously significant enough for him to gift Rs
100 crore worth of Hughes shares to a trust he also manages. Moral
of the story?
Rising
Son
He's just 35 but prefers to spend his after-office
hours watching art house films and reading books on philosophy.
That's possibly one reason why Karan Paul, and not either
of his sisters, Priya and Priti, got anointed recently as the Chairman
of the Kolkata-headquartered Apeejay group, which has interests
in shipping and hospitality, among others. Make no mistake, though.
The Brown University-educated Paul, who succeeds his mother Shirin,
is no weed-smoking philosopher. He's a businessman in a tearing
hurry. "My aim is to make Apeejay the largest privately-owned
group in the country in the next five years," says the Page
3 regular. It seems Paul has hit the ground running. When BT caught
him on his cellphone, he was in London and about to board a flight.
"Bajai"
In Trouble
There's a mini-revolt brewing on the roads
of Jakarta, and the man responsible for it-unwittingly, for sure-is
our very own Rahul Bajaj, Chairman of Bajaj Auto. No, the
66-year-old Bajaj hasn't turned a neo-colonialist. It's just that
the three-wheelers his company made and sold in Jakarta are at the
centre of a battle between rickshaw operators and the city administration.
The latter has banned Bajaj three-wheelers, called Bajai locally,
because they have raised pollution levels in the city to an alarming
level. Therefore, the city, where some 15,000 Bajais ply, wants
to replace them with Indonesian-made Kancil, a four-wheeler. Not
surprisingly, Bajai owners have risen in revolt, and recently blocked
a busy road in Jakarta in protest. Meanwhile, Bajaj is test marketing
its CNG three-wheelers all over Indonesia and waiting for the government's
approval to sell. Will Bajaj prevail? Watch this space.
-Contributed by Roshni Jayakar, Alokesh
Bhattacharyya, Nitya Varadarajan, Arnab Mitra and Abir Pal
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