06 December 2011

Billionaires in the Making

The elite group of industrialists in India is making it big in the billionaires list. The budding billionaires from wealthy business families are using their potential to bring their business to a whole new level. The potential billionaires from India are listed below.

Shapoor and Cyrus Mistry:  

A common thing between Pallonji Mistry and his sons, Shapoor and Cyrus are known for keeping themselves out of media publicity. Shapoor is a typical risk taker and Cyrus is particularly more systematic and conscious. The two major businesses, the real estate and infrastructure have been divided among two brothers. The diversified group activities have been under the leadership of Shapoor and Cyrus. But Cyrus is the man who is in flying colors as he is picked to succeed Ratan Tata. It’s the decision of Pallonji and Ratan Tata who chose Cyrus for the nomination.

Nandhini Piramal:

The Executive Director of Piramal Healthcare, Nandhini started her career in the company as a general manager of strategic marketing in the year 2006. The lady from Harvard also served Mckinsey as a business analyst. Her father, Ajay Piramal was in news frequently for purchasing small multinational pharmaceuticals one after another. Recently, he was in news for selling his business in a 17,000 crore deal drafted by Ajay and Nandhini together. She got into the operations of the company branched in Canada and London in the year 2006. Nandini will soon acquire a company from her brother Anand and will be facing tough times. In 20 years, Ajay developed the company to be worth more than 3 billion which was started just with an amount of $20 million. For Nandini it is not at all going to be easy. 

Dheeraj Hinduja:

Dheeraj Gop

ichand Hinduja plays a major role in diversifying his family business which has led to the talk that he will be the next big leader. Hinduja family is media shy and are hardly in news let it be anything; family or company issues. Dheeraj has given a remarkable performance till now. The MBA graduate from London University is currently supervising the Hinduja group’s India business. Dheeraj also serves on the Hinduja Global Solutions’ Board. HGS is one of the India’s largest outsourcing companies. The Hinduja family has found the man who would bring the drastic growth and think about developing the group as for the last 16 years he has been involved in the administration. Dheeraj also heads the HR function of the group with a plan of making better transformations.

Rishad Premji:

The new strategy boss of Wipro, Rishad Premji is facing tough times in the company. The task of figuring out what is there in his dad’s mind (Azim Premji) and unifying it with the other two joint CEOs he informs will be a major challenge for him. The Harvard Business School graduate also served blue chip firms like GE capital and Bain and Co. Rishad must come out with new ideas in business to improve the revenue of Wipro and to survive against their competitors without giving up the margins. His present performance will decide his future in Wipro as a successor of Azim Premji after his retirement. The present role of Rishad will give him a whole idea of company’s nature of work, administration and regulation and the total idea about the IT business. Wipro makes 90 percent of the profits and make the company worth $17 billion. Rishad is a very down to earth person and has a firmness of an MNC executive. He maintains a very low profile and loves to spend time with his family.

Tanya Dubash:

The senior ad
professional, Tanya Dubash knows to create a perfect brand name. Economic and Political Science graduate from Brown University has brought remarkable qualities in her. She can grab the attention of people, and is a good observer and listener. She makes final decisions only after consulting with people about the views and opinions in their mind. She has won the heart of both insiders and outsiders by gaining great respect for her way of work. She created a very good brand name for Cinthol. She worked with Godrej to improve their brand name and also led a couple of new business projects like real Good Chicken and Nature’s Basket. Receiving an advanced management program at Harvard business school was also a great advantage for her to get into branding.  Currently she is the President of marketing for Godrej Industries. Her sister Nisa is also playing a dynamic role in business and there are rumors that the sibling rivalry has penetrated.


Sanjay Reddy:

Sanjay Reddy,
the Vice chairman of GVK group is a sturdy boy of the company. The son of G.V. Krishna Reddy is focused now on finding new areas for the group to develop in the coming decades. The company has yearned projects involving SEZ ports, logistics and oil exploration under Sanjay Reddy. Sanjay is making efforts to expand the group business. He is confident that GVK group will be a family owned business even after 25 years. He is now mentoring the 26-year-old nephew Krishna Bhupal who has entered the family business.