Vikram Pandit
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Date of Birth – 14 January 1957
Birth Place – Nagpur, Maharashtra
Education - Dadar Parsee Youths Assembly High School, Dadar Mumbai (schooling), B.S. and M.S. in electrical engineering in 1976 and 1977 respectively and a Ph.D. in finance in 1986 from Columbia University
Career – CEO of Citigroup
A brilliant student all throughout his academic life and a go-getter by nature, 51 year-old Indian Vikram Pandit hogged the media limelight worldwide when he was declared as the youngest CEO of the world’s largest conglomerate, the Citigroup in 2008. The group operates as Citi and happens to be a prominent American financial services company having its base in the New York City in the United States.
Vikram Pandit was born on 14 January in 1957 at Nagpur in the state of Maharashtra in India to a reasonably prosperous Marathi Brahmin family. His schooling happened at Dadar Parsee Youths Assembly High School at Dadar in Mumbai. After this, he shifted to United States at the age of 16 and took admission in Columbia University. He acquired B.S. and M.S. in electrical engineering in 1976 and 1977 respectively and a Ph.D. in finance in 1986. Vikram Pandit happens to be a trustee at the Columbia University.
Vikram Pundit also has had a stint as a professor at the Indiana University in Bloomington city in US and thereafter, joined Morgan Stanley. For the next two decades, Vikram Pandit worked for Morgan Stanley. He was anointed the President and Chief Operating Officer (CEO) of the Institutional Securities and Investment Banking Group at Morgan Stanley and was in charge of the total operation of this group. Pandit looked after aspects like the trading, sales and infrastructure of the business from the year 2000 to 2005.
However prior this, Vikram Pandit was the managing director and head of the US Equity Syndicate for Morgan Stanley from the period 1990 to 1994. Then from 1994 till 2000, he worked as the managing director (MD) and head of the Worldwide Institutional Equities Division for the same firm. The accomplished Vikram Pandit finally decided to leave Morgan Stanley Company along with some colleagues to begin a hedge fund, Old Lane Partners that was purchased by the Citigroup in the year 2007 for $800 million.
Vikram Pandit is a part of the board of the Columbia University, Columbia Business School, the Indian School of Business and The Trinity School. He also happens to be a former board member of NASDAQ, the New York City Investment Fund from the year 2000 till 2003. On 11 December in 2007, Pandit was made the new CEO of Citigroup after the term of interim-CEO, Sir Winfried Bischoff. In 2008, Vikram Pandit was also given the coveted Padma Bhushan by the Government of India. He now lives with his wife Swati at Central Park West, New York in a $ 17.85 million-worth apartment bought from late actor Tony Randall.
Vikram Pandit Facts
1957 - Vikram Pandit was born 14 January at Nagpur in the state of Maharashtra in India
1973 –At the age of 16, Vikram Pandit shifted to the United States
1976 - He acquired B.S. in electrical engineering in US
1977 –He acquired M.S. in electrical engineering in US
1986 – Vikram Pandit completed his Ph.D. in finance
1990 – From 1990 to 1994, Vikram Pandit was MD and head of the US Equity Syndicate for Morgan Stanley
1994 - From 1994 till 2000, Vikram Pandit worked as the MD and head of the Worldwide Institutional Equities Division for Morgan Stanley
2000 – He was board member of NASDAQ, the New York City Investment Fund from the year 2000 till 2003
2000 – From 2000 to 2005, he served as the president and CEO of the Institutional Securities and Investment Banking Group at Morgan Stanley.
2005 – Vikram Pandit left Morgan Stanley
2006 – He formed a hedge fund, Old Lane Partners
2007 – Hedge fund was purchased by the Citigroup for $800 million.
2007- On 11 December, Vikram Pandit was made the new CEO of Citigroup
2008 – Vikram Pandit was honored with the Padma Bhushan Award by the Indian Government.
Mayank Srivastava
PGDM 2nd SEM.
Monday, February 22, 2010
Thursday, February 18, 2010
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Mark W.
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David Baxter, President, Sports Licensed Division
As president of the adidas Group’s Sports Licensed Division (formerly OnField), David Baxter is responsible for overseeing all of Reebok’s sports licensed products and partnerships with the National Football League and National Hockey League, and adidas’ partnerships with the National Basketball Association, Women’s National Basketball Association and National Basketball Development League. Under David’s leadership, SLD leverages these League partnerships to significantly enhance both brands and increase their visibility, one of the company’s strategic priorities. He reports to both the President of Reebok and CEO of adidas. David joined Reebok in March 2001 as senior vice president and chief operating officer of OnField. Promoted to president of OnField in October 2002, David assumed additional responsibility for leading the development and implementation of strategies to achieve brand and financial objectives for Reebok’s Sports Licensed Division. With the merger of Reebok’s two apparel groups, OnField and Reebok Apparel, in October 2003, David was named to the position of president of Reebok Apparel. Following the acquisition of Reebok by adidas, David was promoted to his current position in February 2006. David has extensive sporting goods and apparel industry experience. Prior to joining Reebok, he served as president of Logo Athletic. He joined Logo Athletic in 1998 as senior vice president of Sales and Marketing, after serving as director of apparel sales for national accounts for adidas America from 1995-1998.David began his career in 1982 as a clerk and store manager for Hibbett Sporting Goods. He went on to gain considerable industry experience as buyer for Sports a Foot (1990 – 1992) and then as buyer and divisional merchandise manager of apparel for Sports and Recreation (1992 – 1995), both of Florida. David has twice been selected to Sports Business Journal’s annual “Forty under 40” list, which recognizes the most influential executives in the sports industry under the age of 40. A four-year track athlete in college, David enjoys all sports and fitness. A native of Chicago, he currently resides in Boston.
Mayank Srivastava
PGDM 2nd SEM.
As president of the adidas Group’s Sports Licensed Division (formerly OnField), David Baxter is responsible for overseeing all of Reebok’s sports licensed products and partnerships with the National Football League and National Hockey League, and adidas’ partnerships with the National Basketball Association, Women’s National Basketball Association and National Basketball Development League. Under David’s leadership, SLD leverages these League partnerships to significantly enhance both brands and increase their visibility, one of the company’s strategic priorities. He reports to both the President of Reebok and CEO of adidas. David joined Reebok in March 2001 as senior vice president and chief operating officer of OnField. Promoted to president of OnField in October 2002, David assumed additional responsibility for leading the development and implementation of strategies to achieve brand and financial objectives for Reebok’s Sports Licensed Division. With the merger of Reebok’s two apparel groups, OnField and Reebok Apparel, in October 2003, David was named to the position of president of Reebok Apparel. Following the acquisition of Reebok by adidas, David was promoted to his current position in February 2006. David has extensive sporting goods and apparel industry experience. Prior to joining Reebok, he served as president of Logo Athletic. He joined Logo Athletic in 1998 as senior vice president of Sales and Marketing, after serving as director of apparel sales for national accounts for adidas America from 1995-1998.David began his career in 1982 as a clerk and store manager for Hibbett Sporting Goods. He went on to gain considerable industry experience as buyer for Sports a Foot (1990 – 1992) and then as buyer and divisional merchandise manager of apparel for Sports and Recreation (1992 – 1995), both of Florida. David has twice been selected to Sports Business Journal’s annual “Forty under 40” list, which recognizes the most influential executives in the sports industry under the age of 40. A four-year track athlete in college, David enjoys all sports and fitness. A native of Chicago, he currently resides in Boston.
Mayank Srivastava
PGDM 2nd SEM.
Despite the last minute change of mind by the US based James Otis owner of Mahatma Gandhi’s personal objects, the items went under the hammer in New York today (Thusrday Afternoon New York time). Indian bussiness tycoon Vijay Mallya bought the memorabilia items for $1.8 million. Bidding began at $20,000 and rose to the final price within seven minutes. The second highest bid was $1.75 million submitted online from Britain. The US justice department has asked the Antiquorum Auctioneers to hold the lot for two weeks pending a resolution between the new owner, the US and Indian Government.
Tony Bedhi - a representative for Mallya did the bidding. He later informed that the items would be returned to India for public display. It is not clear though if the items would be handed over to the Indian government.
It has been reported that confusion prevailed at the Antiquorum Auctioneers. The chairman of Antiquorum Auctioneers Robert Maron announced that despite news that Otis had decided to pull out, the auction would proceed. Shortly afterwards Ravi Batra a lawyer who said he was representing Otis pro bono, entered the auction house and announced that Otis wishes to halt the sale. Within an hour, Batra was escorted out from the auction house by the staff.
Vijay Mallya owns the United Breweries Group and Kingfisher Airlines
The owner James Otis was earlier demanding budgetary increases in India’s spending on the poor in exchange for the memorabilia. New Delhi was irritated with the demands put forward by Mr Otis. Sources said that the government feels Mr Otis cannot dictate terms. Earlier Sant Singh Chatwal an US-Indian businessman had called on the Indian community to join the bid to secure Mahatma Gandhi memorabilia.
Its interesting to note that Mallya had earlier bought the Sword of Tipu Sultan - another item of Indian heritage for Rs 4 crore and brought it back to India.
Tony Bedhi - a representative for Mallya did the bidding. He later informed that the items would be returned to India for public display. It is not clear though if the items would be handed over to the Indian government.
It has been reported that confusion prevailed at the Antiquorum Auctioneers. The chairman of Antiquorum Auctioneers Robert Maron announced that despite news that Otis had decided to pull out, the auction would proceed. Shortly afterwards Ravi Batra a lawyer who said he was representing Otis pro bono, entered the auction house and announced that Otis wishes to halt the sale. Within an hour, Batra was escorted out from the auction house by the staff.
Vijay Mallya owns the United Breweries Group and Kingfisher Airlines
The owner James Otis was earlier demanding budgetary increases in India’s spending on the poor in exchange for the memorabilia. New Delhi was irritated with the demands put forward by Mr Otis. Sources said that the government feels Mr Otis cannot dictate terms. Earlier Sant Singh Chatwal an US-Indian businessman had called on the Indian community to join the bid to secure Mahatma Gandhi memorabilia.
Its interesting to note that Mallya had earlier bought the Sword of Tipu Sultan - another item of Indian heritage for Rs 4 crore and brought it back to India.
In 1867, Henri Nestlé, a pharmacist, developed a food for babies who were unable to breastfeed. His first success was a premature infant who could not tolerate his mother's milk or any of the usual substitutes. People quickly recognized the value of the new product, after Nestlé's new formula saved the child's life, and soon, Farine Lactée Henri Nestlé was being sold in much of Europe.
Inventor:
Henri Nestle (born Heinrich Nestle)
Criteria:
First to invent. First practical. Entrepreneur.
Birth:
August 10, 1814 in Frankfurt, Germany
Death:
July 7, 1890 in Blonay (VD), Switzerland
Nationality:
German
The origins of the Nestle Company go all the way back to 1867, when Henri Nestle created a nutritious product for infants that could be used by mothers who were unable to breast-feed. Henri Nestle made use of his family escutcheon, the "Nest", a graphic translation of his name, little nest, to personify the business. Evocative of security, maternity and affection, nature and nourishment, family and tradition, this symbol remains the central element in the Nestle corporate identity.
The first commercially sold infant formula; the first condensed milk produced in Europe; the first milk chocolate; the first soluble coffee; the first freeze-dried coffee; the first granulated instant coffee -- to name just a few.
Today, the Nestle Company has grown and expanded to include the widest range of wholesome foods for people throughout the world.
Nestle now produces the world's favorite brands in 489 factories worldwide. In 130 years of growth and diversification, we have never lost sight of our core business: improving the quality of people's lives through high-quality, nutritious, and convenient prepared foods and beverages. Today, Nestle brands are known on every continent, and some products -- like Nescafe, Carnation and Maggi -- are sold in more than 100 countries.
Mayank Srivastava
PGDM 2st SEM.
Inventor:
Henri Nestle (born Heinrich Nestle)
Criteria:
First to invent. First practical. Entrepreneur.
Birth:
August 10, 1814 in Frankfurt, Germany
Death:
July 7, 1890 in Blonay (VD), Switzerland
Nationality:
German
The origins of the Nestle Company go all the way back to 1867, when Henri Nestle created a nutritious product for infants that could be used by mothers who were unable to breast-feed. Henri Nestle made use of his family escutcheon, the "Nest", a graphic translation of his name, little nest, to personify the business. Evocative of security, maternity and affection, nature and nourishment, family and tradition, this symbol remains the central element in the Nestle corporate identity.
The first commercially sold infant formula; the first condensed milk produced in Europe; the first milk chocolate; the first soluble coffee; the first freeze-dried coffee; the first granulated instant coffee -- to name just a few.
Today, the Nestle Company has grown and expanded to include the widest range of wholesome foods for people throughout the world.
Nestle now produces the world's favorite brands in 489 factories worldwide. In 130 years of growth and diversification, we have never lost sight of our core business: improving the quality of people's lives through high-quality, nutritious, and convenient prepared foods and beverages. Today, Nestle brands are known on every continent, and some products -- like Nescafe, Carnation and Maggi -- are sold in more than 100 countries.
Mayank Srivastava
PGDM 2st SEM.
Nissan's all new global compact car
Nissan has been sighted many times undergoing tests in Chennai and its launch is awaited. Nissan has been heard referring to the next-gen Micra as the "all new global compact car".
This has fuelled rumours that the name Micra could be dropped in favour of a newer name. Micra is being considered an important model of Nissan and would be showcased at the Geneva Motor Show.
Micra has been built on the much acclaimed V-platform, which boasts of special features like less number of parts and extensive use of plastic parts in the powertrain making it a light vehicle.
It would be interesting to see how the company prices its product to beat the competition.
Apart from Micra, Nissan would also showcase Juke at the motor show. This car with its 1.6L turbocharged 190bhp engine and designing could be a good option for Indian market.
The other cars in the Nissan stable at the show include Nissan Leaf, updated Nissan Qashqai, refreshed Nissan Pathfinder and Navara and the Nissan 370Z Roadster.
Unconfirmed news is also there about the next-gen Renault Clio that could be made in India , sharing the same V-platform as Micra. But before all this, Nissan needs to strengthen its dealership network to support its products well.
Sandeep kumar sah
PGDM 2ND SEM
This has fuelled rumours that the name Micra could be dropped in favour of a newer name. Micra is being considered an important model of Nissan and would be showcased at the Geneva Motor Show.
Micra has been built on the much acclaimed V-platform, which boasts of special features like less number of parts and extensive use of plastic parts in the powertrain making it a light vehicle.
It would be interesting to see how the company prices its product to beat the competition.
Apart from Micra, Nissan would also showcase Juke at the motor show. This car with its 1.6L turbocharged 190bhp engine and designing could be a good option for Indian market.
The other cars in the Nissan stable at the show include Nissan Leaf, updated Nissan Qashqai, refreshed Nissan Pathfinder and Navara and the Nissan 370Z Roadster.
Unconfirmed news is also there about the next-gen Renault Clio that could be made in India , sharing the same V-platform as Micra. But before all this, Nissan needs to strengthen its dealership network to support its products well.
Sandeep kumar sah
PGDM 2ND SEM
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