Saturday, January 8, 2011

world's youngest ceo

                  So, I wanted to start my own company and show the world that age and academic qualifications are immaterial. I decided then that when I started a company, I would recruit only youngsters and I would not ask for their academic qualifications and marks cards. I follow that in my company.
   

          Gopinath delivering a lecture at the DLD Conference
           On starting his own company at 14
  Soon after my 9th standard summer vacation, I started my own company, Globals Inc. I wanted the name Global or Global Solutions but both were not available, so I named it Globals.
  I registered my company in the US as in India , you will not be able to start a company unless you are 18. It takes only 15 minutes to start a company in the US .
  I became the owner and CEO of the company. My friend, an American who was a university student, became a board member.
  I was very excited because that was what I wanted to do. From that day, I started dreaming of making my company as big as Microsoft.
  ·         On doing badly in school
  In my pre-board CBSE exam, I failed in Mathematics. The school headmistress was shocked because that was the first time I had failed in any subject. She called my mother and said she was horrified by my performance.
  At home, like any typical South Indian mother, my mother made me swear on her head that I would focus on academics.
  I told my mother that the world's richest man Bill Gates had not completed his education. Why do you force me then, I asked her. She then said, I am sure his horoscope and yours are not the same!
I come from a family where entrepreneurship is considered a sin. My mother was quite upset. She wanted me to do engineering, then an MBA and work in a good company.
As per my mother's wishes, I took a four-month sabbatical from my company and studied for my board exam. I passed with a first class.
  I still feel that you cannot restrict yourself to bookish knowledge. I believe that practical knowledge is more important.
  In the first year, the turnover of Globals Inc was Rs 1 lakh (Rs 100,000). The second year, the turnover went up to Rs 5 lakh (Rs 500,000).
   

Suhas receiving the Incredible Europe Innovation Award at Vienna
          On looking at Europe as a market
  Till I was 16 or 17, I didn't tell my parents that I had started a company. I kept it a secret because I thought they would object to it. They only knew that I was a freelancer.
  We used to build websites and also offer online shopping and e commerce solutions. We even gave part time work to a few programmers in the US when we got many projects but we never had any office.
  When I was 16, I saw that there were enormous business opportunities in Europe as a majority of the Indian IT companies were working for American companies.
  When I contacted a Spanish company, it rejected my offer saying Indians do not know Spanish. As an entrepreneur, you can't accept rejection, especially when you are young.
  I hired five student interns from some Spanish universities and told them they would be paid based on their successful sales.
They were the people who met the companies and bagged the projects for us. By now, we decided to have a home office in Spain .
I replicated the same model in Italy . I contacted some Italian university students.
 
    Suhas meeting with Sheikha Nayhan, Minister for Higher Education, the UAE
  ·         On going to Germany to talk about entrepreneurship
  The American newspapers were writing a lot about me as the world's youngest CEO at 14 from India , from a middle class background.
  It was a good story for the BBC also. I never expected to be in the limelight. For me, starting a company was like realising a passion of mine.
  On seeing these stories, a B-school in Germany invited me to talk to its students on entrepreneurship. I was 17 then. By now, I had completed my 12th standard and had joined Engineering in Bengaluru.
  When I was 18, we set up an office -- the European HQ in Bonn . Then, we moved to Switzerland . Six months back, we started our operations in Vienna as well.
  That is how we spread our operations from a small Internet cafe to become a multinational company with significant operations in Europe, Middle East, the US , Canada , the UK , Australia , etc.
  ·         On registering a company in India at 18
  The day I turned 18, I registered our company in India as Globals, opened an office and recruited four people. I opened the office next to the Internet cafe where I started my career.
  By then, he had closed shop and joined a factory as an employee. Whenever I met him, I used to tell him, 'you made me an entrepreneur but you stopped being one.'
  ·         On moving to creating products
We wanted our company also to be a product development company and our focus was on education, like the software that manages everything about a child while in school starting from admission till he/she leaves school and becomes an alumnus.
  It is a nasty software which students are going to be quite unhappy about! This software was aimed only at the Indian market. I want to be the market leader in ICT in education.
Our software is being used in more than 100 schools all over India , Singapore and the Middle East .
We are now in the process of raising funds. Once we do it, we will separate the company into two -- service and product development. I want to concentrate on products as I can't sail on two boats.

  World Bank president Robert Zoellick
  ·         On meeting former President Abdul Kalam
  I met Dr Abdul Kalam when he was the President of India. I was 17 or 18 then. My meeting was scheduled for 15 minutes but we had such an intense conversation that it went on for one-and-a-half hours.
  I didn't feel that I was talking to the President of India. We talked like two friends. He was sitting in his chair across the table but after some time, he came and sat next to me. He isi such a modest person that it was a learning experience for me.
  ·         On being on the board of the World Bank
As per the wishes of my parents, I joined engineering but didn't complete my engineering: like Bill Gates! When I was in my 5th semester, the World Bank invited me to attend their board meeting. I am the only Indian on the board of the World Bank.
The objective was to explore how ICT can improve the quality of education in the emerging economies, by bringing in accountability and transparency in their financial deeds.
  Robert B. Zoellick, the president of the World Bank, decided that they could not have only Americans on the board and needed people from across the world. As they were focusing on education, they wanted young minds to add value to the work.
  He preferred a young mind from an emerging country and that was how I got the invitation in 2005. Not even in my wildest dreams did I imagine that I would be on the board of the World Bank. The invitation was the most unforgettable moment in my life. I report directly to Robert B Zoellick!
Some of the others on the board are the CEO of Cisco, the vice president of Microsoft and the CEO of SAP; all Fortune 500 companies and me, the only Indian!
  I am helping the World Bank set policies on ICT in university education so that employability can be enhanced. My aim is to reduce the number of unemployed eligible youth in the world.
  Right now, we are concentrating on Africa . Soon, I want to shift the focus on to India . It has been an amazing experience for me.
  But I had to discontinue my engineering education at the time I joined the board, as I didn't have enough attendance in college!

                                                 Suhas Gopinath
  ·         On his dreams for his company
I have always believed that IT is not just technology but a tool that can solve the problems of people.
That is what I want to do in my company.
  I want my company to be a market leader in software solutions concentrating on education.
  When I was younger, I didn't care about money. Now that I am responsible for my employees, I care about what we make. If I am not bothered about money, we cannot scale up our business.
  When I started my company from a net cafe in Bengaluru, I never ever imagined that one day my company would be a multi-million dollar company and I would be on the World Bank board as a member.
 
"What drives me is my passion and it has been an amazing journey so far."


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Saturday, December 25, 2010

ITC -products

 ITC-products

  FMCG:   



SUNFEAST WORLD:




                          

Aashirvaad:





Fiama:     





Aim: 



and 
               many more products.........   

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Nokia bags contract from Idea Cellular

Nokia 500 4.3-Inch Bluetooth Portable GPS Navigator      
                   Nokia Siemens Networks has bagged an order from private telecom operator Idea Cellular to deploy equipment and services to provide 3G services in four circles. “Idea Cellular has commissioned Nokia Siemens Networks (NSN) to supply equipment, and build and manage its high speed packet access (HSPA) networks in Uttar Pradesh (East), Uttar Pradesh (West), Kerala and Haryana.


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HILTON signs agreement with TCS

Hilton Worldwide, the leading global hospitality company, and Tata Consultancy Services (TCS), (BSE: 532540) (NSE: TCS), a leading IT services, consulting and business solutions firm,announced a multi-year agreement to help accelerate and enhance Hilton Worldwide's technology strategy as part of the Hilton Worldwide Innovation Collaborative.
The Innovation Collaborative will evolve Hilton Worldwide’s technology infrastructure and accelerate innovation across the company’s portfolio of ten brands. TCS will leverage its extensive experience in running large transformational initiatives and modernizing legacy systems to help develop a platform that keeps Hilton Worldwide in the forefront of the business and technology landscape.
    TCS is spearheading the transformation and management of a core group of application platforms, which will deliver enhanced product offerings. To better align technology solutions to the businesses’ needs and to ensure Hilton Worldwide remains the leading innovator in hospitality.
   TCS is managing the corporate suite of applications in the areas of property information management, learning management, quality assurance, business intelligence, financial systems and intranet applications.

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100 years for CBS

         The Central Bank of India which is marking its centenary celebrations starting from today(21-12-2010), plans to open branches overseas and achieve core banking solution (CBS) in all its existing branches, a top company official has said. The bank plans to open branches in Hong Kong, Bhutan, Tanzania and Mozambique, Central Bank of India's Executive Director Rajeev Kishor Dubey.
Banking in India: Palai Central Bank, List of Banks in India, Banking in Karnataka, Grama Vidiyal, Oriental Bank of Commerce

         
         "The bank will provide banking services to 3,000 villages in the country having less than 2,000 population by 2012 as a part of government's directives on implementing Financial Inclusion programme using mobile telephone technology," Dubey said adding "the bank will develop a software in local languages so that it becomes easier for people to get banking facilities."

         The Central Bank has targeted to achieve a total business turn over of Rs 3,00,000 crore (Rs 3 trillion) by the end of this fiscal year, as compared to Rs 2,46,000 crore (Rs 2.46 trillion)  target which it achieved last fiscal.

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