By Vipin Agnihotri
| Azim Premji: No fuss punctiliousness |
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Everyone in Indian business fraternity knows that Azim Premji, 62-year-old Chairman of Wipro is painfully shy of public attention and makes every effort to stay out of the limelight. But in the last few days, Azim Premji is in the glare of publicity for allegedly encroaching on over half an acre of land adjacent to the Belandur Tank, off Bangalore’s Airport Road, purportedly to construct a palm grove and guest house.
As usual, Azim Premji didn’t speak to media in this regard but yes his media managers have issued a press release saying: “Premji bought the land 15 years ago in his private capacity from the government and returned any area that was possibly encroached”.
Just after issuing the press release, Azim Premji ordered his staff to demolish the guest house compound wall. In addition, Premji has returned the land back to the state government.
| Vineet Nayar on top of the world |
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HCL Technologies President Vineet Nayar is on top of the world. After playing a prominent part in the brilliant performance of HCL this year, Harvard Business School has introduced Nayar’s celebrated ‘Employee First, Customer Second’ philosophy as part of its leadership and strategy curriculum.
It is worth mentioning in this regard that students will now study Nayar’s corporate strategy and the subsequent transformation of the HCL in the last two years since he took over. Point to be noted here is that HCL technologies is the only Indian company that has been featured in the London Business School’s annual report on ‘Organizational Innovation’ across 10 notable organizations.
| R Ramaraj to enter venture capital market |
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After blazing a trail first with the cellular services market and later in the Internet with India World, R Ramaraj is now focusing on the venture capital market. The 56-year-old IIM-C alumnus has joined VC biggie Sequoia Capital as a Senior Advisor. Initial signs are that he will focus on investments in the consumer Internet market and to assist portfolio companies find new growth avenues.
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