Byrraju Ramalinga Raju

From Wikipedia, the free encyclopedia

Ramalinga Raju

Born

16 September 1954 (age 60)

Bhimavaram, Andhra Pradesh, India

Residence

Hyderabad, Andhra Pradesh, India

Nationality

Indian

Occupation

former Chairman of Satyam Computer Services

Spouse(s)

Nandhini (m. 1976)

Ramalinga Raju (born 16 September 1954) was the former chairman of Satyam Computer
Services from 1987 and till 7 January 2009, stepping down admitting to embezzlement of
financial figures of the company to the tune of Rs 71.36 billion (approximately US$1.5 billion),
including Rs 50.40 billion (approximately US$1 billion) of non-existent cash and bank
balances.[1][2]
Contents
[hide]

1 Early life
2 Career
3 Business and politics
4 Philanthropy

5 Accounting scandal
6 Court proceedings
7 References
8 External links

Early life[edit]
Ramalinga Raju, the eldest of four children, was born on 16 September 1954 to a farming family.
He earned a Bachelor of Commerce degree from Andhra Loyola College at Vijayawada and
subsequently earned an MBA from Ohio University in the United States.[3] After returning to India
in 1977, Raju married at the age of twenty two. He ventured into many businesses including
Dhanunjaya Hotels, Cotton spinning mill named Sri Satyam Spinning funded by Andhra Pradesh
Industrial Development Corporation (APIDC) with an investment of Rs 80 million. As the
businesses failed Raju moved into real estate and started a construction company named
Satyam Constructions.[3]

Career[edit]
In 1987, Raju incubated Satyam Computer Services along with one of his brothers-in-law, DVS
Raju at P&T colony in Secunderabad and 20 employees. In 1991, Satyam won its first fortune
500 client John Deere. Raju navigated Indian bureaucracy to obtain the required clearance to
transmit data from India.[citation needed] Satyam became the pioneer of outsourcing from India.[citation
needed]
The company went public in 1992. Raju was enrolled in the Owner/President Management
(OPM) program at Harvard Business School in the 1990s.[4] In 1999, Raju launched Satyam
Infoway (Sify) as Satyam's internet subsidiary, thereby becoming an early participant in the
Indian internet service market.[3] Sify was later sold to Mr. Raju Vegesna.

Business and politics[edit]

In September 1995, as Raju was building Satyam, Andhra Pradesh had a new Chief
Minister, Chandra Babu Naidu, who wanted to bring in change and saw IT as a strategic industry
to focus on and Mr. Raju became instrumental in shaping the state's information technology
initiatives like 'Mee Kosam'. Raju had unfettered access to the Chief Minister of Andhra Pradesh
at a very personal level. Research into his life has exposed close links between business and
politics. [5]

Philanthropy[edit]
Raju was instrumental in setting up Byrraju Foundation in 2001 with the mission of building
progressive self-reliant rural communities by providing services in the area of healthcare,
sanitation, primary education, adult literacy.[6][7]

Accounting scandal[edit]
Raju resigned from the Satyam board after admitting to falsfiying revenues, margins and over Rs
50 billion of cash balances as the company. The Indian affiliate ofPricewaterhouseCoopers, the
company's auditors, appears to have certified the company had $1.1 Billion in cash when the real
number was $78 million.[8]
Just a few months before the scandal broke out, Mr. Raju tried to persuade investors by claiming
that the company is sound and that past October he surprised analysts with better-than-expected
results, claiming that "the company had achieved this in a challenging global macroencomic
environment, and amidst the volatile currency scenario that became reality"[9]
A botched acquisition attempt involving Maytas in December 2008 led to a plunge in the share
price of Satyam.[10] In January 2009, Raju indicated that Satyam's accounts had been falsified
over a number of years.[10] He admitted to an accounting dupery to the tune of 70 billion rupees or

1.5 Billion US Dollars and resigned from the Satyam board on 7 January 2009.[11][12] Satyam was
purchased by Tech Mahindra in April 2009 and renamed Mahindra Satyam.[13]
In his letter, Raju explained his modus operandi to something that started as a single lie but led
to another as "What started as a marginal gap between actual operating profit and the one
reflected in the books continued to grow over the years. It has attained unmanageable
proportions as the size of the companys operations grew over the years.".[9] Raju described how
an initial cover-up for a poor quarterly performance escalated: "It was like riding a tiger, not
knowing how to get off without being eaten.".[14]
Raju and his brother, B Rama Raju, were then arrested by the CID Andhra Pradesh police
headed by Mr. V S K Kaumudi, IPS on charges of breach of trust, conspiracy, cheating,
falsification of records. Raju may face life imprisonment if convicted of misleading
investors.[15] Raju had also used dummy accounts to trade in Satyam's shares, violating
theinsider trading norm.[16][17]
The Andhra Pradesh government attached 44 properties belonging to the family members of the
promoters of Satyam Computers in the case against Raju.[18]
It has now been alleged that these accounts may have been the means of siphoning off the
missing funds.[19] Raju has admitted to overstating the company's cash reserves byUSD$ 1.5
billion.[19][20] Raju was hospitalized in September 2009 following a minor heart attack and
underwent angioplasty. Raju was granted bail on condition that he should report to the local
police station once a day and that he shouldn't attempt to tamper with the current evidence. This
bail was revoked on 26 October 2010 by the Supreme Court of India and he has been ordered to
surrender by 8 November 2010.[21] The people of his native village, Garagaparru, hail the
development works undertaken by the Byrraju Foundation, the charitable arm of Satyam.[22]
Investigation by the authorities revealed that Raju led a lavish lifestyle including 321 pairs of
shoes, 310 belts, 13 cars including Mercedes and BMWs. His house contained a telescope worth
140,000. It was also claimed that he donated huge quantities of gold to temples in Andhra
Pradesh and possessed villas and properties in 63 countries.[23]

Court proceedings[edit]
In November 2010, Raju surrendered after the Supreme Court in August cancelled the bail
granted to him by a lower court in Hyderabad, where Satyam is based.
The Supreme Court on 4 November 2011 granted bail to Raju since the Central Bureau of
Investigation (CBI) failed to file charges on time. According to Indian law, a charge-sheet against
an accused must be filed within 90 days of arrest.[13]
On 28 October 2013, the Enforcement directorate filed a chargesheet against Raju and 212
others. The filed report states that "it transpires that the accused resorted to inter-connected
transactions, so as to ensure that crime proceeds were distanced from its initial beneficiaries,
and laundered the said proceeds under the cover of the corporate veil, with an ulterior motive to
project the properties so acquired as untainted ones". [24]

Mahindra Satyam
From Wikipedia, the free encyclopedia

This article is about Mahindra Satyam prior to its 2013 merger into Tech Mahindra. For the
resulting company, see Tech Mahindra.

Mahindra Satyam

Former type

Public company

Industry

IT services, IT consulting

Fate

Merged into Tech Mahindra

Successors

Tech Mahindra

Founded

2009

Defunct

2013

Headquarters

Hyderabad, India

Services

IT, business consulting and outsourcing services

Mahindra Satyam (formerly Satyam Computer Services Limited) was an Indian IT services
company based in Hyderabad, India. The company was listed on the Pink Sheets, the National
Stock Exchange and Bombay Stock Exchange. It offered a range of services, including software
development, system maintenance, packaged software integration and engineering
design services. In June 2009, the company unveiled its new brand identity Mahindra Satyam
subsequent to its takeover by the $14 billion Mahindra Group's IT arm on 13 April 2009. It
subsequently merged within Tech Mahindra on June 24 2013.[1]
Contents
[hide]

1 Milestones
2 Merger with Tech Mahindra
3 Row with Income Tax Department
4 Turnaround
5 Controversies
o 5.1 Maytas acquisition
o 5.2 Accounting scandal of 2009
6 See also

7 References
8 External links

Milestones[edit]
In a 2000 SEC filing, Satyam Computer Services claimed to be the fourth largest provider of
information technology services in India, based on the amount of export revenues generated.
There were 7,560 technical associates servicing over 300 customers. The five largest customers,
on the basis of revenue, were General Electric Company and its affiliates, State Farm Mutual
Automotive Insurance Company, Megasoft Inc., Caterpillar Inc. and NCR Corporation. They
together accounted for 42.4% of its IT services revenues. About 26.1% of its total IT services
revenues were generated from fixed-price contracts. Satyam also claimed topline growth of 68%
to $164 million at 45% gross profit margin. All of its personnel in the USA were working pursuant
to extended H-1B visas (570 persons) or temporary L-1 visas (574 persons).[2]
In a 2005 SEC filing, Satyam claimed topline growth of 40% to $794 million at 36% gross profit
margin. There were 20,690 technical associates. The five largest customers accounted for 29.5%
of IT services revenues. About 34.2% of its total IT services revenues were generated from fixedprice contracts.[3]

Merger with Tech Mahindra[edit]

Mahindra Satyam's proposed merger with Tech Mahindra may be delayed all because of legal
issues, and ambiguity over jurisdiction between investigating agencies and the
government.[4] The merger has been delayed due to two tax cases pending with the Income Tax
claiming over 27 billion for both.[5] Tech Mahindra announced its merger with Mahindra Satyam
on 21 March 2012,after the board of two companies gave the approval.[6] The two firms have
received the go-ahead for merger from the Bombay Stock Exchange and the National Stock
Exchange.[7] Competition Commission of India(CCI)approved the proposed merger of Mahindra
Satyam and other companies with Tech Mahindra.[8] Mahindra Satyam will hold its annual
general meeting (AGM) on 8 June 2012 to consider the proposal to merge the company
with Tech Mahindra. It is mandatory for the firm to get the AGM nod to go ahead with the
merger.[9] The shareholders of both Tech Mahindra and Mahindra Satyam have unanimously
approved the scheme of amalgamation and merger of Satyam Computer Services Ltd,
Venturbay Consultants, C&S System Technologies, CanvasM Technologies and Mahindra
Logisoft Business Solutions with Tech Mahindra.[10][11] Mahindra Satyam chairman, Vineet Nayyar
said on 2 August 2012, that the merger with Tech Mahindra was at the final stage of getting
approval from the Andhra Pradesh and Maharashtra High Courts.[12] The two firms had received
the go-ahead for merger from the Bombay Stock Exchange and the National Stock
Exchange.[7] On June 11, 2013,Andhra Pradesh High Court gave its approval for the merger of
Mahindra Satyam with Tech Mahindra,after Bombay high court already gave its
approval.[13][14][15][16] Vineet Nayyar said that technical approvals from the Registrar of
Companies(RoC) in Andhra Pradesh and Maharashtra are required which will be done in two to
four weeks,and within 8 weeks,a newly merged entity will be in place. A new organisation chart
would also come into force led by Anand Mahindra as Chairman,Vineet Nayyar as Vice
Chairman and C. P. Gurnani as the CEO and Managing Director.[17][18][19] Tech Mahindra on June
25, 2013 announced completion of Mahindra Satyam's merger with itself to create nation's fifth
largest software services company with a turnover of USD 2.7 billion.[20][21] Tech Mahindra got the
approval from the registrar of companies for the merger late in the night at 11:45 (pm) on June
24, 2013. July 5, 2013 has been determined date on which the Satyam shares will be swapped
for Tech Mahindra shares which was approved by both the boards.[22] Mahindra Satyam (Satyam
Computer Services), was suspended from trading with effect from July 4, 2013, following its
merger with Tech Mahindra .[23] Tech Mahindra completed share swap and allocated its shares to
the shareholders of Satyam Computer Services on July 12, 2013.[24] The stock exchanges have
accorded their approval for trading the new shares effective July 12, 2013.[25][26] On July 24,
2013,a division bench of Andhra Pradesh High Court admitted a petition filed by Ekadanta
Greenfields and Saptaswara Agro Farms private limited challenging the Mahindra Satyam-Tech
Mahindra merger order.The order was given by a single judge of the court in June, allowing the

merger and dismissing the objections raised by a few parties.After admitting the petition, the
bench comprising N.V. Ramana and Vilas V. Afzulpurkar posted the matter to August 26, 2013.[27]

Row with Income Tax Department[edit]

The Income Tax Department had issued notices to the company seeking 6.17 billion tax for the
assessment years from 200304 to 200809, when the company was run by B Ramalinga Raju
and his team. The Central Board of Direct Taxes has attached the properties of Mahindra
Satyam on 3 February 2012,stating the attachment of properties was according to Section 281 B
of the Income Tax Act. Section 281 B refers to recovery of tax and allows the tax department to
issue provisional orders to the assessee to safeguard revenues accrued to it.The Income Tax
department had slapped notice on the company after disallowing exemptions claimed by the
software firm. The company has received notices of demand for 1,037 crore and 10.75 billion
for assessment years 200203 and 200708, respectively. [28] However, the Andhra Pradesh
High Court granted a breather to Mahindra Satyam, by staying the Income Tax Department's
provisional order to attach properties of the IT firm.[29]

Turnaround[edit]
The company had reported a consolidated net loss of 2.33 billion for the JulySeptember
quarter of 2010. Speaking at a press conference, Vineet Nayyar, chairman of the company said
the consolidate cash and cash equivalents at 300 million compared to 260 million. We will
take three years for a turnaround, he informed.[30] Even though the company got 2.45 billion
profit in Q4 for 20102011, but due to outside payments nearly 5.70 billion for SEK,UPAID and
Class Action Suit in Q4 (Total 6.41 billion for the year 20102011 ),the company had reported a
consolidated net loss of 3.27 billion for the JanuaryMarch quarter of 20102011.IT firm
Mahindra Satyam posted a consolidated net profit of 2252 million for the quarter ended 30 June
2011. During the quarter, the company added 2,172 people (net), taking total headcount to
31,438 as of 30 June 2011.[31]The company added 36 new customers during the quarter. The
total headcount of the company stood at 32,092 as of the quarter ended 30 September 2011
during which net addition of 654 personnel took place.[32] The company added 188 employees in
quarter three ending 31 December 2011 and recorded 29.4% quarter-on-quarter in its
consolidated net profit of 3.08 billion .[33] Mahindra Satyam reported a net profit of 5.34 billion
for the fourth quarter ended 31 March 2012.[34] Mahindra Satyam declared 30 per cent dividend,
signalling a complete turnaround,after declaring Q4 results of 2012-2013 in May 2013.[35][36]

Controversies[edit]
Maytas acquisition[edit]
in 2008, Satyam attempted to acquire Maytas Infrastructure and Maytas Properties, founded by
family relations of company Ramalinga Raju (Maytas is "Satyam" reversed) for $1.6 billion,
despite concerns raised by independent board directors.[37] Both companies are owned by Raju's
sons. This eventually led to a review of the deal by the government,[38] a veiled criticism by
the Vice President of India Hamid Ansari,[39] and Satyam's clients re-evaluating their relationship
with the company.[40] Satyam's investors lost about 3300 crore (equivalent to 50 billion or
US$810 million in 2014) in the related panic selling. The US$1.6 billion ( 80 billion) acquisition
was met with scepticism as Satyam's shares fell 55% on the New York Stock Exchange.[41] Three
members of the board of directors resigned on 29 December 2008.[42]

Accounting scandal of 2009[edit]

Main article: Satyam scandal
In addition to other controversies involving Satyam, on 7 January 2009, Chairman Raju resigned
after publicly announcing his involvement in a massive accounting fraud.

Sun group

Kalanithi Maran
From Wikipedia, the free encyclopedia

This article may require cleanup to meet Wikipedia's quality standards. The
specific problem is: Some sections of the article take the form of bulleted
lists rather than complete sentences and paragraphs. Please help improve
this article if you can. (September 2013)

Kalanithi Maran
Born

1964[1]
Tamil Nadu, India

Alma mater

University of Scranton (MBA)

Occupation

Chairman & md, Sun Group

Known for

Founder of Sun Group

Net worth

$ 3.5 billion (2011)[2]

Spouse(s)

Kaveri Kalanithi Maran

Children

Kaviya Kalanithi Maran

Kalanithi Maran (Tamil: ; born 1964) is an Indian media baron who is the
chairman and managing director of Sun Group, which was the most profitable television network
in Asia.[3][4]
In June 2010, he acquired Spice Jet which was the most profitable[5] airlines in India.[6][7] While his
television channels and newspapers are primarily concentrated in South India, his FM radio
stations, DTH service and Airlines are spread across the country
Contents
[hide]

1 Early life
2 Business expansion

o 2.1 Business entities

3 Family
o 3.1 Dispute with Karunanidhi's family
o 3.2 Allegations in Aircel-Maxis Deal
4 References
5 External links

Early life[edit]

Born on 24 July 1964

Schooling at Don Bosco, Egmore, Chennai.
In Loyola College, Chennai he became the student's union chairman and led an agitation on
the Sri Lankan Tamils issue [2].
Has an MBA from the University of Scranton.
Returning to India in 1987, he worked for Kungumam Tamil Magazine owned by his family in
the late 1980s.

Business expansion[edit]
In 1990, Maran started a monthly video (VHS) news magazine in Tamil called Poomaalai which
was stopped in 1992 due to piracy.[citation needed] On 14 April 1993, he founded Sun TV with an
investment of US$86,000 from a bank loan.[8][9] Sun TV was listed on the Bombay Stock
Exchange on 24 April 2006 upon raising $133 million[10] and catapulting him into the billionaire
charts.[11] He was among the few representatives at a roundtable with the visiting then US
President Bill Clinton.[12]
By 2010, he was the 17th richest Indian with net worth of US$4 Billion,[13] and he is the highest
paid business man in India.[14] During his visit to Mumbai in 2010, US PresidentBarack
Obama praised Kalanithi Maran's spicejet as one of the job creators in USA[15] Maran and his
wife, Kavery Maran were second in the list of Indian executive pay charts with a package of
62 crore (US$10 million) each for the fiscal 20112012, behind Congress MP Naveen Jindal.[16]
He has won Young Businessman awards from CNBC and ERNST &
Young,[17] and Forbes magazine named him the "Television king of southern India".[18] In 2010 he
won theNews Television Entrepreneur of the Year award.[19][20]

Business entities[edit]

Sun Network South Indian Television Channels

Sun Direct DTH Direct to Home broadcasting Service.
Spicejet Airlines
TTN Internet site
Suryan FM Tamil Radio
Red FM MultiLingual Indian Radio
Sun Pictures Tamil Movie Production house
Dinakaran Tamil daily news paper
Tamil Murasu Tamil evening news papers
Kunkumam, Muthaaram, Vannathirai, Kunguma Chimizh Tamil magazines
Sun 18 to distribute its channels through cable, DTH, IPTV, HITS and MMDSk.
Sunrisers Hyderabad- IPL team from Hyderabad

Family[edit]
He is the son of the Former Union Minister of commerce Murasoli Maran and the brother of
India's former textile minister Dayanidhi Maran. He married Kaveri, a native of Coorg,

(Karnataka) in 1991 and has a daughter named Kaviya (Born 1992).[21] His wife is the Joint
managing director of Sun network. He proved to be successful in spite of his father's political
rivals ruling the state for most of the period since he entered the media business. He also
emerged as No. 1 in neighbouring states where his competitors include politicians and business
men from those states.

Dispute with Karunanidhi's family[edit]

In May 2007 followers of Karunanidhi's son M K Azhagiri attacked Maran's newspaper office after
a survey in the newspaper claimed people prefer M.K.Stalin as a Chief minister Over
Azhagiri.[22] Later in Dec 2008 it was claimed that dispute between Maran and Karunanidhi
Families was resolved.[23]

Allegations in Aircel-Maxis Deal[edit]

The Central Bureau of Investigation filed charges against him and his brother, Dayanidhi Maran,
former Telecom Minister in Manmohan Singh's cabinet from 26 May 2004 to 13 May 2007, for
fraud in the takeover of Aircel by Maxis.[24] In a status report to the Joint Parliamentary Committee
on telecom, CBI said mala fide considerations and an "illegal gratification" of
550 crore (US$89 million) were behind the "active intervention" of Dayanidhi in curbing the
business interests of Aircel's former owner C Sivasankaran. Alleging the Marans of arm-twisting
former Aircel owner, Sivasankaran, into selling Aircel to Maxis, the CBI report states that an
illegal gratification of Rs 5,499,601,793 was accepted as quid pro quo through his brother
Kalanithi Maran in the garb of share premium invested in Sun Direct, owned by Kalanithi
Maran.[25][26][27]

External links[edit]

Sun TV Network
QRZ Ham Radio Callsign Database VU2PUG
Forbes
[hide]

Sun Group

Key people

Telecommunications

Sun TV Network

Kalanithi Maran
W. Hansraj Saxena
Ajay Vidyasagar
Sun Cable Vision
Sun Direct DTH
Sun 18 South

Sun TV
K TV
Sun Music
Tamil
Sun News
Adithya TV
Chutti TV
Sun Life

Sun Action
Sun TV RI

Gemini TV
Gemini Movies
Gemini Music
Gemini News
Telugu
Gemini Comedy
Kushi TV
Gemini Action
Gemini Life
Surya TV
Kiran TV
Malayalam
Kochu TV
Surya News
Surya Action
Udaya TV
Udaya Movies
Udaya Music
Kannada
Udaya News
Udaya Comedy
Chintu TV
Suriyan TV
Radio stations

Publications

Production

Airlines

Sports

Red FM 93.5
Suryan FM 93.5
Dinakaran
Tamil Murasu
Kunkumam
Sun Pictures

SpiceJet

Sunrisers Hyderabad

Categories:

Indian businesspeople

Tamil billionaires

Living people

Television executives

Tamil businesspeople

Indian billionaires

University of Scranton alumni

Indian amateur radio operators

1965 births

Loyola College, Chennai alumni

Businesspeople in aviation

Don Bosco schools alumni

Sun Group
From Wikipedia, the free encyclopedia

This article needs additional citations for verification. Please

help improve this article by adding citations to reliable sources. Unsourced
material may be challenged and removed. (April 2012)

Sun Group

SUN GROUP

Type

Private

Industry

Conglomerate

Founded

1992

Headquarters

Chennai, Tamil Nadu, India

Area served

India

Key people

Kalanidhi Maran, (Chairman)

Products

Books, cable programming, films, magazines,

newspapers, satellite television, sporting events,
television, websites, Airlines

Divisions

Sun TV
Spicejet
Dinakaran
Tamil Murasu

kungumam
Red FM 93.5
Suryan FM 93.5
Sun Pictures
Sun Direct DTH
Sunrisers Hyderabad

Website

www.sun.in

Sun Group is an Indian conglomerate group, based in Chennai, Tamil Nadu, India. The group
was founded by Indian billionaireKalanithi Maran and his family members including his wife
Kaveri Maran. In a short span, Sun Group's Sun TV Network became one of the largest media
networks of India. It also entered the aviation business with Spicejet also owns Indian IPL cricket
team Sunrisers Hyderabad.
Sun Group is divided in two holdings: Kal Media Services Pvt. Ltd. and Kal Airways Pvt. Ltd..
While Kal Media Services manages the TV, Radio, Newspaper and Magazine business, Kal
Airways focuses on the development of its airline Spicejet.

Divisions[edit]
Kal Media Services Pvt. Ltd.

33 TV Channels across Indian languages

8 SD Channels and 3 HD Channels in Tamil
8 SD Channels and 1 HD Channel in Telugu
7 SD Channels in Kannada
6 SD Channels in Malayalam
45 Radio stations across all India
2 Daily newspapers in Tamil
5 Magazines in Tamil
Sun Pictures, one of the leading film production and distribution company
Sun Direct, one of India's leading DTH companies, also first to carry HD channels in India.
Sumangali Cable Vision (SCV) - Multi System Operators (MSO).
Sun Distribution Services Private Limited - to distribute its channels.
Sunrisers Hyderabad, Hyderabad IPL (Cricket) Franchise

Kal Airways Pvt. Ltd.

V-Guard Industries Ltd

From Wikipedia, the free encyclopedia

V-Guard Industries Ltd

Traded as

NSE: VGUARD

Founded

1977

Founders

Kochouseph Chittilappilly

Headquarters

Kochi, India

Key people

Mithun Chittilappilly, Managing Director (from 2012)

Products

volatge stabilizers , power back up invertors and UPS

sysytems, water pumps, electric & solar water
heating , Electrical Appliances

Revenue

15.16 Billion INR

Net income

701 Million INR

Employees

1850

Website

vguard.in

V-Guard Industries Ltd is a major electrical appliances manufacturer in India, and the largest in
the state of Kerala with an annual turnover of 13.65 billion.[1][2] It manufactures voltage
stabilizers, wiring cables, electric pumps, electric motors, geysers, solar water heaters, electric
fans and UPSs. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer
manufacturing unit. Kochouseph Chittilappilly also founded other establishments such asV Star a
indian manufacture of innerware for mens,kids&womans. Wonderla, a chain of amusement parks
in South India.[3][4]

History[edit]
V Gaurd was an industry which was started by Kochouseph Chittilappilly in 1977 with two
employees.He started a manufacturing unit for voltage stabilizer with a vision and a capital of
100000 which was borrowed from his father and soon established V-Guard a household name.
V-Guard became the synonym for voltage stabilizers across South India.

References[edit]
wonderla, V Star
1.
2.
3.
4.

Jump up^ The Hindu. V-Guard turnover.

Jump up^ The Hindu. 'V-Guard registers increase in profit'.
Jump up^ V-Guard Industries Official Website.
Jump up^ The Hindu BusinessLine. Stock Insight: V-Guard Industries.

This article about an Indian company is a stub. You can help Wikipedia by expanding it.
Categories:

Indian company stubs

Companies based in Kerala

Companies based in Kochi

Download as PDF
Printable version
Languages
Edit links

This page was last modified on 11 November 2014 at 13:58.

Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. By using this
site, you agree to the Terms of Use and Privacy Policy. Wikipedia is a registered trademark of the Wikimedia
Foundation, Inc., a non-profit organization.

Apollo Hospitals
From Wikipedia, the free encyclopedia

It has been suggested that Apollo Munich Health Insurance Company

Limited be merged into this article. (Discuss) Proposed since November 2014.

Apollo Hospitals

Type

Private

Industry

Healthcare

Founded

1983

Headquarters

Chennai, India

Key people

Prathap C. Reddy, Founder and chairman

Preetha Reddy, Managing Director
K. Hari Prasad, CEO - Central Region

Revenue

31.73 billion(US$510 million) (2012)

Employees

10,000 +

Website

www.apollohospitals.com

Apollo Hospital, Hyderabad

Apollo Hospitals is an Indian hospital chain based in Chennai, India. It was founded by
Dr Prathap C. Reddy in 1983 and has hospitals in India, Sri
Lanka, Bangladesh, Ghana, Nigeria, Mauritius, Qatar, Oman and Kuwait[citation needed]. Several of the

group's hospitals have been among the first in India to receive international healthcare
accreditation by America-based Joint Commission International (JCI).[1]
The group has developed services in telemedicine, after starting a pilot project in 2000 in Pratap
Reddy's home village.[2] It is now the largest telemedicine provider in India with 71 centers[citation
needed] [3]
. The success of Apollo Hospitals has made it a topic forHarvard Business School case
study.[4]
Contents
[hide]

1 Group Companies
2 Projects and tieups
3 Awards and Recognition
4 See also
5 References
6 Further reading
7 External links

Group Companies[edit]

Apollo Munich Health Insurance, joint venture with Munich Health

Apollo Health Street Limited, BPO and IT services company
Apollo Pharmacy, largest retail pharmacy chain in India
Apollo Health and Lifestyle Limited, lifestyle clinic service
Apollo Telemedicine Enterprises Limited, telemedicine service provider
Equipment World, medical equipment advisory
Family Health Plan Limited, health insurance and third party administrator
Keimed, pharmaceutical procurement and supply chain management company
MedVarsity Online Limited, developed over 1500 hours of medical content along with NIIT

Projects and tieups[edit]

Apollo Hospitals India Representative Office is a medical tourism service provider in Sri Lanka for
the patients who travel to Apollo Hospitals India for medical treatment.[5] It has set up a medical
center at the Rajiv Gandhi International Airport at Shamshabad.[6]

Awards and Recognition[edit]

A stamp was released on 2 November 2009 to commemorate the service of Apollo
Hospitals[7] The group's "Billion Hearts Beating" campaign,[8] a national communication campaign
of the Apollo Hospitals Group and the Times of India, won the "Global Award for Brand
Excellence" of the "Campaign of the Year Award" at the World Brand Congress 2010
at Mumbai.[9]

NDTV
From Wikipedia, the free encyclopedia

For the English news-channel owned by NDTV, see NDTV 24x7

New Delhi Television Limited

Type

Public company

Traded as

(BSE: 532529,NSE: NDTV)

Industry

Media

Founded

1988

Founders

Radhika Roy, Prannoy Roy

Headquarters

New Delhi, India

Area served

India

Key people

Prannoy Roy (Co-chairperson)

Radhika Roy (Co-chairperson)
K. V. L. Narayan Rao(Executive Vice-chairperson)
Vikramaditya Chandra (CEO)

Products

Revenue

Broadcasting, website, mobile applications

4.96 billion (US$80 million) (2014)[1]

Employees

1,491 (2014)

Website

www.ndtv.com

New Delhi Television Limited (NDTV) is an Indian commercial broadcasting television network
founded in 1988 by Radhika Royand Prannoy Roy. NDTV is an acronym for the original name of
the company, New Delhi Television.[2] Vikramaditya Chandra is the chief executive officer of the
NDTV Group. KVL Narayan Rao is the Executive Vice Chairperson.[3]

New Delhi Television is among India's top broadcasters and has offices and studios across the
country. Its three national news channels NDTV 24x7 (English), NDTV India (Hindi) and NDTV
Profit (Business news) form the core of the company. Each year the channel also gives
the NDTV Indian of the year awards. In December 2013, it awarded 25 global Indians.
Contents
[hide]

1 Channels of NDTV Group

o 1.1 International
2 Notable personalities
3 Initiatives
4 Controversies
o 4.1 Allegation of corruption and criminal conspiracy
o 4.2 Radia tapes controversy
o 4.3 Allegation of tax fraud
o 4.4 Commonwealth Games Contract
o 4.5 Suit against TAM India
5 See also
6 References
7 External links

Channels of NDTV Group[edit]

Channels of NDTV Group are:

NDTV 24x7 English News channel.

NDTV India Hindi News channel.
NDTV Profit Business News channel.
NDTV Good Times Lifestyle channel

International[edit]

ATN NDTV 24x7

NDTV Worldwide
NDTV Convergence Website, Mobile Applications
Indianroots Indian Ethnic e-commerce venture.[4]

Notable personalities[edit]

Vikram A Chandra, Group CEO[5]

Barkha Dutt[6]
Sonia (Verma) Singh, Editorial Director
Pankaj Pachauri (former senior editor of NDTV India, left NDTV to join PMO as Media
Advisor)[7]
Ravish Kumar, editor of NDTV India.
Abhigyan Prakash,executive editor of NDTV India
Rajiv Makhni,managing editor of technology

Initiatives[edit]
NDTV organises campaigns through its channels to support education, rural electrification, and
awareness on climate change. Some of its campaigns are as follows:

Greenathon: An event to generate money to spread awareness on climate change and rural
electrification. It was supported by many actors such as Priyanka Chopra, Shah Rukh
Khan, Karan Johar. There have been two successful seasons of Greenathon campaign in
2010 and 2011 resulting in donations of more than 130 million Rupees. It is also sponsored
by automaker Toyota.
Save Our Tiger Campaign: This campaign was launched on 30 January 2010 by Indian
telecom company Aircel in partnership with NDTV and WWF-India. The goal was to create
awareness among Indians about the rapidly decreasing tiger population in India. The first
year of the NDTV campaign culminated in a 12-hour telethon. During the telethon, people
appealed to political leaders and the masses to do whatever they could to help safeguard the
Indian tiger. As a result of the campaign, several prominent political leaders came on air and
pledged to protect the forests of their respective states.[8][9] During the telethon 19.9 million
rupees were raised through donations. The funds collected were donated to "Rapid
Response Units (RRU)" to equip and train forest departments to respond during emergency
situations like man-animal conflict, anti-poaching patrolling, fire-fighting among others.[10]
Support My School Campaign: On 24 January 2011 NDTV in partnership with Coca-Cola
India, CAF and UN-Habitat launched the "Support My School" campaign.[11] The motive of
this telethon was to create awareness on water and sanitation, environment and healthy
active living. Indian cricketer Sachin Tendulkar was the brand ambassador of this
campaign.[12] On 18 September 2011 an event was organised to support education in rural
India. It was supported by Sachin Tendulkar and Bollywood Actor Sanjay Dutt. The event
generated more than 72 million Rupees to fund the needs of more than 140 schools.[13]
Fit India Movement: On 16 March 2011 NDTV and Nirmal Lifestyle launched a long-term
campaign: Fit India Movement. The purpose of this movement is to change the way Indians
think about their fitness and make India a healthy nation. The "Mission-1" of this movement
was "Marks for Sports".[14]
Marks for Sports: This initiative was launched on 16 March 2011 under the "Fit India
Movement" of NDTV and Nirmal Lifestyle. The goal of is to push for inclusion of sports in the
school curriculum, hoping that this will make parents encourage their children to take up
sports. Actor Ranbir Kapoor, Dr. Prannoy Roy, chairman, NDTV and Dharmesh Jain,
chairman and managing director of Nirmal Lifestyle launched this initiative in New Delhi.[14]
Save India's Coasts: This campaign was an initiative of NDTV and Toyota Etios. NDTV's
crew travelled the entire coast of India, starting in western Gujarat and ending in West
Bengal in six weeks, reporting on the issues facing the coast along the way.[15]

Controversies[edit]
Allegation of corruption and criminal conspiracy[edit]
On 20 January 1998 Central Bureau of Investigation filed cases against New Delhi Television
(NDTV) managing director Prannoy Roy, former director general of Doordarshan R. Basu and
five other top officials of Doordarshan under Section 120-B of the Indian Penal Code (IPC) for
criminal conspiracy and under the Prevention of Corruption Act. According to the CBI chargesheet, Doordarshan suffered a loss of over Rs 35.2 million due to the "undue favours" shown to
NDTV as its programme The World This Week(TWTW) was put in 'A' category instead of 'special
A' category.[16][17][18][19][20][21]

Radia tapes controversy[edit]

Main article: Radia tapes controversy
In November 2010, OPEN magazine carried a story which reported transcripts of some of the
telephone conversations of Nira Radia with senior journalists, politicians, and corporate houses,
many of whom have denied the allegations. The Central Bureau of Investigation has announced
that they have 5,851 recordings of phone conversations by Radia, some of which outline Radia's
attempts to broker deals in relation to the 2G spectrum sale.[22] The tapes appear to demonstrate
how Radia attempted to use some media persons including NDTV's Barkha Dutt to influence the

decision to appoint A. Raja as telecom minister.[23] She always denied her role in this episode
with stating her role as simply error of judgment. Barkha Dutt is being investigated by the CBI.

Allegation of tax fraud[edit]

NDTV, through its foreign subsidiaries, is alleged to have violated Indian tax and corporate
laws.[24] NDTV has denied these allegations.
The Sunday Guardian ran a story which exposed the NDTV's financial misdemeanours and
malpractices in connivance with ICICI Bank. "NDTV-ICICI loan chicanery saved Roys" provides
details of how NDTV's major stake holders raised funds by misdeclaration of the value of shares
in NDTV. NDTV has denied the allegations and the NDTV CEOreplied to the Sunday Guardian
along with the threat of "criminal defamation".

Commonwealth Games Contract[edit]

On 5 August 2011 Comptroller and Auditor General of India's report on XIX Commonwealth
Games was tabled in Parliament of India. In section 14.4.2 of the report, CAG alleged that while
awarding contracts worth Rs 37.8 million for production & broadcasting of commercials for
promoting CWG-2010 to NDTV & CNN-IBN, the Commonwealth Games Organizing Committee
followed an arbitrary approach. Proposals were considered in an ad hoc manner, as and when a
proposal was received; no form of competitive tendering was adopted. The CAG further said in
its report that, "We had no assurance about the competitiveness of the rates quoted by these
channels and the need and usefulness of these proposals. From March 2010 to June 2010, the
entire pre games publicity and sponsorship publicity was done only on NDTV & CNN-IBN."[25][26][27]

Suit against TAM India[edit]

News broadcaster company sued television audience measurement company, TAM India and its
global parent firms for over a billion dollars in the Supreme Court of New York, alleging TAM of
manipulating ratings in return for bribes to its officials.[28]

Prannoy Roy
From Wikipedia, the free encyclopedia

This article appears to be written like an advertisement. Please

help improve it by rewriting promotional content from aneutral point of
view and removing any inappropriate external links. (September 2012)

Prannoy Roy

Born

Prannoy Lal Roy

15 October 1949 (age 65)
Kolkata, West Bengal, India

Education

The Doon School

Queen Mary University of London,
Delhi University

Occupation

News Journalist,
Psephologist,
Economist

Years active

1984 present

Notable

World This Week"Election Specials" "Govt Budget

credit(s)

Analysis" "Co-author: India Decides"

Title

Executive Co-ChairpersonNDTV

Spouse(s)

Radhika Roy

Children

Tara Roy

Website

Prannoy on ndtv.com

Prannoy Lal Roy (born 15 October 1949) is an Indian journalist and media personality.[1] He is
the co-founder and executive co-chairperson of New Delhi Television (NDTV) along with his
wife Radhika Roy.
Contents
[hide]

1 Early life
2 Career
o 2.1 NDTV group
o 2.2 Other accomplishments
o 2.3 Controversies
o 2.4 Books
3 Personal life
4 Awards

5 Social initiatives
6 References
7 External links

Early life[edit]
Roy was born in Kolkata to a Bengali father who was the Chief Executive of the Indian unit of a
British company and an Irish mother who was a teacher. He is cousin of Indian author Arundhati
Roy. He attended The Doon School, Dehradun.[2] [3] He later won a scholarship to Haileybury and
Imperial Service College in the UK for his A-levels and qualified as a Chartered Accountant, a
Fellow of the Institute of Chartered Accountants (England and Wales) and has a PhD in
Economics from the Delhi School of Economics.[2] [4]
Graduating with First Class Honours from Queen Mary College, London, Roy continued his
academic career to earn a PhD from theDelhi School of Economics. His academic awards
include the Leverhulme Trust (UK) Fellowship, Queen Mary College Prize for results at BSc and
an OPOS Scholarship at the Doon School to study at Haileybury College.[citation needed]
His paternal grandfather Paresh Lal Roy was called the 'father of Indian Boxing'. Paresh Lal
Roy's younger brother Indra Lal Roy was the first Indian Ace, the first Indian pilot of Royal Flying
Corp during World War I.

Career[edit]
Prannoy Roy is a professional Chartered Accountant and Economist and works as a TV anchor
in India. He has been the lead anchor for election analysis and budget specials on India's
national television network Doordarshan and for BBC World News' Question Time India.[citation needed]

NDTV group[edit]
In 1988, Roy, along with his journalist wife Radhika, launched a television production house
called New Delhi Television.[5] Roy started his career with televised coverage of India's general
elections.[citation needed] On Doordarshan, he hosted news programs "The News Tonight" and "The
World This Week" (which were nominated as one of India's 5 best television programs since
independence.[citation needed]) He also started India's first 24-hour English news channel NDTV
24x7.[citation needed]

Other accomplishments[edit]
He has been an Economic Advisor in the Indian government's Ministry of Finance and an
Associate Professor at the Delhi School of Economics, where he developed a macroeconometric forecasting model for the Indian economy.[citation needed] He has also been a consultant
to the India division of international accountancy firmPricewaterhouseCoopers.
In 2009 Roy was, along with billionaire Mukesh Ambani, one of two Indians serving on the
International Advisory Board of Council on Foreign Relations in Washington. [6]

Controversies[edit]
The CBI had filed a case of criminal conspiracy against NDTV managing director Prannoy Roy in
1998 for alleging fraud in Doordarshan upgrade.[7] In July 2013, Roy and NDTV were cleared by
the courts and found not-guilty of all charges involving cases filed against Roy by the CBI under
Section 120-B of the Indian Penal Code (IPC) for criminal conspiracy and under the Prevention
of Corruption Act. Roy said, "finally the courts have proven that the charges were fabricated and
false. We have always known the truth and have believed that justice will win in the final analysis.
Those who thought the false charges would make us pliable must be very disappointed. They
should be ashamed of themselves."[8] [9]

Books[edit]
He has co-authored "A Compendium of Indian Elections" [10] and "India Decides: Elections 19521991" [11] with David Butler.

Personal life[edit]
Prannoy Roy married his school friend Radhika Roy[12] and they have a daughter Tara Roy
together.[13]

Awards[edit]
In addition to winning international and national awards for his programmes, Roy has been
adjudged the "Television Personality of the Millennium" by an Indian Express poll.

Social initiatives[edit]
Prannoy's network has focused on a number of social issues through campaigns like the annual
"Greenathon", "7 Wonders of India" and the "Save Our Tigers campaign", which won the Best
Public Service Campaign for a Brand by a News Channel in 2011, and "Support My School" and
"Marks for Sports" campaigns in 2010 and 2011. The "Jeene ki Aasha" campaign, which focuses
on maternal and childcare issues around the country was launched in 2011 with the Bill &
Melinda Gates Foundation. NDTV also honours deserving people from all walks of life with its
"Indian of The Year" Awards.