Must Read:Indian Billionaire and Business Tycoon: Vijay Mallya
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Top acting schools in India

Published by admin on July 3rd, 2008 | Tagged Career

Do you want to become an actor and join bollywood? Well, Bollywood has become a popular career option in the recent times.Apart from the fact that the industry has become more professional,there are many other reasons such as corporatisation , growth of multiplexes , increasing job opportuities ,new revenue streams and the glamour factor.

The Indian entertainment and media industry will grow at CAGR 18 percent and become worth Rs 115700 crore by 2012.The Filmed Entertainment Sector will grow at CAGR 13 percent and become Rs 17600 in size by 2012. 

Now, which are the best acting schools in India?

I have compiled a list of the top acting schools in India,to the best of my knowledge. The list is not in any particular order. Here we go:

FTII , Pune
Film and Television Institute of India or FTII is located in Pune. The Institute offers 2 year PG Diploma in Acting.

The Barry John Acting studio
The Barry John Acting studio is in Mumbai and offers various courses including the Diploma and Certificate courses in acting.

National School of Drama (NSD),Delhi
NSD offers a 3 year course which leads to PG diploma in Dramatic Arts.

Anupan Kher’s , Actor Prepares
The institute offers full time and part time course in acting.The institute has branches in Mumbai,Ahmedabad and Chandigarh.

Subhash Ghai’s , Whistling Woods International
Subhash Ghai is the chairman of Whistling Woods International,Mumbai.The courses include a 2 year course in acting.

Roshan Taneja Acting Studio
Roshan Taneja Acting Studio in Mumbai offers 6 months course in acting.

AAFT ,Noida 
Asian Academy of Film and Television is located in Noida,UP. AAFT offers 3 months and 1 year programs in acting.

CRAFT
Center for Research in Art of Film and Television is located in Rohini institutional Area,Delhi and has a course in acting.

Kishore Namit Kapoor Acting Institute
Kishore Namit Kapoor Acting Institute in Mumbai offers 3 months course in acting.

R. K. Films & Media Academy
R. K. Films & Media Academy offers 4 months acting course in Delhi.

Delhi Film Institute
Delhi Film Institute is located in South Extension Delhi.The institute offers 2 months acting course in acting.

FILM
FILM Institute is located in Kalkaji, Delhi. The courses include an acting and presentation course.

ZIMA
Zee academy of media arts is located in Mumbai and it offers a 3 month course in acting.

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The Acquisition of Ranbaxy

Published by admin on June 19th, 2008 | Tagged Business, News, Strategic Management


We often witness how the big Indian Companies acquire foreign firms; we hardly get to see the opposite.That is why I was surprised when I got to know that a Japanese company, Daiichi Sankyo, will acquire a controlling stake in Ranbaxy.

The promoters, Malvinder Singh and family will sell their entire stake of 34.82 per cent to Daiichi Sankyo for $2.4 billion or around Rs 10000 crore.The deal values Ranbaxy at $8.5 billion.Daiichi Sankyo will acquire 51 per cent to 62 per cent of Ranbaxy.The total value of the deal will lie somewhere between $3.4 billion to $4.6 billion.

What will Rs 10000 crore be used for ? They will use it for their business of financial services and health-care.

Malvinder Singh will however, continue to be the CEO and MD of Ranbaxy.He will also become the Chairman of the board after the deal.

Ranbaxy is the largest pharmaceutical Company in India. Ranbaxy was started by Ranjit Singh and Gurbax Singh.The Company began its operations as a distributer for a Japanese Company.The word Ranbaxy is derived from the names of Ranjit Singh and Gubax Singh. Bhai Mohan Singh, Grandfather of Malvinder Singh , bought the company from them in the1950s.Ranbaxy went public in the year 1973.

How will this deal help?

  • This will get Daiichi Sankyo-Ranbaxy into the category of the top 15 pharma companies in the world
  • They will be able to offer better products
  • This will make best use of the strong Research & Development capabilities of both firms
  • Ranbaxy will be free from $ 500 debt
  • The inflow of funds will help Ranbaxy with growth and expansion
  • Both the companies will be able to explore new markets

Well, I guess the owners know what is best for the company and its shareholders.They must have taken an accurate decision keeping in mind all the important factors. Malvinder Singh called this a strategic deal and not a sell-out.

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Sameer Gehlaut : Youngest self made billionaire of India

Published by admin on June 5th, 2008 | Tagged Entrepreneurship, Achievers, Business, Billionaires

Billionaire Sameer Gehlaut of Indiabulls :

Young entrepreneur Sameer Gehlaut established Indiabulls in 2000, after acquiring  Inorbit Securities, a stock brokerage company in Delhi. The group started its operations from a small office near Hauz Khas bus terminal in Delhi.The office had a tin roof and two computers.

In less than 10 years the group has become one of the leading financial services and real estate company in India,they have a land bank of 4000 acres.

Sameer Gehlaut is India’s youngest self made billionaire at just 34 years of age. According to Forbes , he has a net worth of $1.2 billion.He is the 962nd richest person in the world and 45th richest in India.

Sameer Gehlaut completed his Mechanical Engineering from IIT Delhi in 1995 .He worked for Halliburton in the United States. He came back to India to start an earth moving and mining business ,which is presently run by his family.

In 2000 Sameer Gehlaut was only 26 when he started Indiabulls with the help of Saurabh Mittal and Rajiv Rattan.Mittal and Rattan were his friends at IIT Delhi.

Indiabuls were the pioneers in the online brokerage business segment. The company had a young management team and were able to raise money from time to time. Its investors included LN Mittal and Farallon Capital . In September 2004 the company came out with its IPO.

Indiabulls started as an online brokerage company but over the years they have added new products and services .They also entered into new business segments.The group’s business interests include real estate ,consumer finance ,mortgages, retail and power.They have a market capitalization of more than Rs. 25000 crores.

We can recall that Indiabulls acquired 7.8 acres of land from NTC for Rs 441.75 crore,this was the Elphinstone Mills land in Lower Parel,Mumbai.They also acquired 11 acres of the Land from NTC for Rs 276.6 crore,this was the land of Jupiter Mills in Lower Parel,Mumbai.

Indiabulls acquired more than 115 acres of land in Sonepat,Haryana for developing residential real estate.

Indiabulls entered into a joint venture with Sogecap for its foray into the Life insurance business. Sogecap is the Life insurance subsidiary of the French company Societe Generale.

Saurabh Mittal and Rajiv Rattan have a net worth of around $ 500 million each.

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Ambani’s Entry into Hollywood

Published by admin on May 20th, 2008 | Tagged Business, News, Billionaires

Indian Billionaire Anil Ambani enters Hollywood :

Anil Ambani’s Reliance Big Entertainment or RBE has signed deals with leading production houses in Hollywood, which include:

Nicolas Cage’s Saturn Productions

Brad Pitt’s Plan B Entertainment

Tom Hanks’s Playtone Productions

Jim Carrey’s JC 23 Entertainment

George Clooney’s Smokehouse Productions

Chris Columbus’s 1492 Pictures

Jay Roach’s Everyman Pictures

Reliance Big Entertainment is the entertainment arm of the Anil Dhirubhai Ambani Group or ADAG , the company will provide development funds to the production houses.A total of around 30 scripts will be considered, out of which 10 scripts will go into production by 2010.The value of the movies will be worth $1 billion.

The company has ambitious plans to become worth $ 10 billion in the times to come.

In February Global Financer and Billionaire, George Soros had bought 3% stake for $100 million in the company.The company was valued at $ 3 billion.

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Indian Billionaire and Business Tycoon: Vijay Mallya

Published by admin on May 14th, 2008 | Tagged Achievers, Business, Billionaires

Indian Billionaire and Liquor Tycoon , Vijay Mallya has always been known for his charismatic personality,flamboyance and lavish lifestyle.The stylish business tycoon is known for sporting diamond ear studs.Mallya does not think twice before flaunting his wealth.Mallya owns yachts,private jets,a customized boeing 727,around 250 vintage cars and a stud farm with 200 horses.Mallya’s Indian Empress is a Rs 450 crore, 311 feet yacht. Kalizma is a 165 feet yacht, this was owned by actor Richard Burton at one time.

vijaymallya.jpg

Vijay Mallya is the Chairman of the UB Group and according to Forbes, his net worth is US $ 1.2 billion.United Breweries is the second largest sprits group in the world.We can recall that The UB Group acquired Whyte and Mackay for £ 595 million in 2007.The UB group has a market capitalization of around US$ 12 billion.

Vijay Mallya was born on December 18 ,year 1955.He studied at La Martiniere School in Kolkata.Mallya went to St Xavier’s college, University of Calcutta for his Bachelor’s Degree.He started working while he was in college.He worked for his company for Rs 400 per month.Later,Mallya went to the US and worked for American Hoechst Corporation.

Vijay Mallya became the Chairman of the UB Group at age 28 in the year 1983, after his father Vittal Mallya passed away. Since that time he has led the group and turned it into a multi billion dollar business.Today the company has annual sales of more than US$ 4 billion.Vijay Mallya holds an honorary Doctorate of Philosophy in Business Administration,conferred by University of California,Irvine. Mr. Mallya likes to take on new challenges and live life to the fullest.

Vijay Mallya entered into the aviation sector when he launched Kingfisher Airlines in 2005. In Just about 3 years Kingfisher has become one of the leading Airlines in India.Mallya owns 46 per cent stake in low cost airline Air Deccan.His company appointed accenture to look at the possibility of integrating the operations of Kingfisher and Air Deccan.Accenture recommended the merger of the two Airlines.With this merger Kingfisher will be able to fly on international routes since Air Deccan becomes eligible to fly abroad this year.Kingfisher plans to start international operations by August 2008.

Kingfisher gives competition to Naresh Goyal’s Jet Airways. Naresh Goyal and Vijay Mallya were in the Forbes’ battling billionaires list since both of them have ambitious plans for their Airlines.Billionaire Naresh Goyal has a net worth of $1.4 Billion.

Vijay Mallya is the owner of The Bangalore Royal Challengers Team of the IPL. Mallya paid Rs 464.3 crore for the team.The team is led by Rahul Dravid and has Players such as Zaheer Khan,Anil Kumble,Praveen Kumar,Mark Boucher,Virat Kohli and Jacques Kallis.Mallya and Dutch Businessman Michiel Mol are the owners of a Formula One Team , Force India.Force India was earlier called spyker.They bought the team for 88 million euros.

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Karsanbhai Patel and the success of nirma

Published by admin on April 25th, 2008 | Tagged Advertising and Marketing, Entrepreneurship, Achievers, Business, Management

The nirma success story of how an Indian Entrepreneur took on the big MNCs and rewrote the rules of business :

It was in 1969 that Dr. Karsanbhai Patel started Nirma and went on to create a whole new segment in the Indian domestic detergent market.During that time the domestic detergent market only had the premium segment and there were very few companies , mainly the MNCs , which were into this business.

Karsanbhai Patel used to make detergent powder in the backyard of his house in Ahmedabad and then carry out door to door selling of his hand made product.He gave a money back guarantee with every pack that was sold.Karsanbhai Patel managed to offer his detergent powder for Rs. 3 per kg when the cheapest detergent at that time was Rs.13 per kg and so he was able to successfully target the middle and lower middle income segment.

Sabki Pasand Nirma…

Nirma became a huge success and all this was a result of Karsanbhai Patel’s entrepreneurial skills.

Karsanbhai Patel had good knowledge of chemicals and he came up with Nirma detergent which was a result of innovative combination of the important ingredients.Indigenous method was used ,and also the detergent was more environment friendly.

Consumers now had a quality detergent powder , having an affordable price tag.

The process of detergent production was labour intensive and this gave employment to a large number of people.Nirma focused on cost reduction strategies to make a place for itself in the market.Nirma has always been known for offering quality products at afforbable prices and thus creating good value for the consumer’s money.

In the 1980s nirma moved ahead of Surf , a detergent by HLL , to caputre a large market share.Later, Nirma successfully entered in the premium segment of soaps and detergents.Nirma went on to become the largest detergent and the second largest soap company in India.Nirma had more than 35% market share in the detergent segment and around 20 % market share in the toilet soap segment.The company got listed on the stock exchanges in the year 1994.

Nirma adopted backward integration strategy for the regular supply of raw materials,90 % of which they manufacture themselves.Nirma also gave due importance to modernization ,expansion and upgradation of the production facilities.The company also made sure that it uses the latest technology and infrastructure.

As far as Corporate social responsibility (CSR) is concerned, Nirma has made some good efforts by starting Nirma Education & Research Foundation (NERF) in the year 1994 for the purpose of running various educational institutes.Nirma has also set up Nirma labs , which prepares aspiring entrepreneurs to effectively face the different business challenges.Nirma also runs Nirma Memorial Trust ,Nirma Foundation and Chanasma Ruppur Gram Vikas Trust as a part of their effort as a socially responsible corporate citizen.

The company that was started in 1969 with just one man who used to deliver his product from one house to the other,today employs around 14 thousand people and has a turnover of more than $ 500 million. In 2004 Nirma’s annual sales were as high as 800000 tonnes.According to Forbes in 2005 Karsanbhai Patel’s net worth was $ 640 million.

Inspired?

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India’s entertainment and media industry to witness huge growth

Published by admin on April 5th, 2008 | Tagged Business, News

Bright future for the entertainment and media or E & M industry of India:

According to study by Ficci and PricewaterhouseCoopers or PWC,India’s entertainment and media industry is projected to grow at 18 percent annually over the next 5 year period.

The Entertainment and media industry or E & M industry will become more than double of its size by the year 2012! India’s E and M industry was worth Rs 51,300 crore in 2007 and it is expected to touch Rs 115700 crore by 2012.

All this seems to be really good news for people who are associated with the E & M business and also for anybody who is looking forward to make a career in this sector.

Here are some interesting findings made by Ficci and PricewaterhouseCoopers :

Filmed Entertainment:

The segment is expected to grow at compound annual growth rate or CAGR of 13 percent for the next 5 years.The projected size of the film industry in 2012 is Rs 17600 crores.The overseas cumulative growth of industry is estimated at around 19 percent over the next 5 year period.

Biggest Contribution will be by the TV industry:

The television industry is expected to grow from Rs 22600 crore in 2007 to Rs 60000 crore in the year 2012.The CAGR for this segment is 22 percent for the next 5 years.

Advertising over the Internet will boom :

Online advertising will become a Rs 1,100 crore industry by 2012 from Rs 270 crore in the year 2007.This segment is expected to grow at CAGR of 32 percent over the next 5 year period.

Radio:

The Radio segment is expected to become Rs. 1800 crorein size by 2012.Around 560 new radio stations may be added in 5 years time.

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India all set to have more mobile phone users than the US

Published by admin on March 27th, 2008 | Tagged Business, News

According to a study by Telecom Regulatory Authority of India or TRAI, India will soon leave behind the US to become the second largest mobile phone market in the world after China.

Towards the end of Feb 2008, China stood at the number one position with 540.5 million mobile phone subscribers, the US was at the second position with 256 million mobile phone subscribers and India was third with 250.93 million mobile subscribers.

India’s monthly addition of wireless connections is the highest in the world. In India, every month around 8 to 9 million wireless connections are being added, as compared to the US where the monthly additions are only 2 to 3 million. China adds about 6 to 7 million wireless subscribers every month.

India added 8.53 million wireless subscribers in Feb 2008.By April this year, India will move ahead of the US to occupy the second spot.

The total numbers of connections, both wireless and fixed phone, are going to cross 300 million by the month of April.

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Richest people in the world

Published by admin on March 15th, 2008 | Tagged Achievers, Business, News, Billionaires

Who are the world’s richest people?

Warren Buffett has moved ahead of Bill Gates and Carlos Slim Helu to become the richest man on the planet.Warren Buffett has a net worth of $ 62 billion.It has been after 13 years that Bill Gates is not the richest billionaire , the title now belongs to Warren Buffett.

Here is the Forbes’ 2008 list of the top ten billionaires :

1.Warren Buffett : $ 62 billion

2.Carlos Slim Helu : $ 60 billion

3.William Gates III : $ 58 billion

4.Lakshmi Mittal : $ 45 billion

5.Mukesh Ambani : $ 43 billion

6.Anil Ambani : $ 42 billion

7.Ingvar Kamprad : $ 31 billion

8.KP Singh : $ 30 billion

9.Oleg Deripaska : $ 28 billion

10.Karl Albrecht: $ 27 billion

Indian Billionaires in the top ten:

We can notice that there are 4 Indians in the list of the top ten billionaires.They are Steel Tycoon Lakshmi Mittal,Ambani brothers- Mukesh and Anil Ambani and the richest real estate tycoon in the world-K P Singh of DLF.

Lakshmi Mittal’s wealth has increased by $13 billion from last year.

K P Singh of DLF had a net worth of $ 10 billion last year and now it has increased to $ 30 billion

Ambani Brothers :

Mukesh Ambani’s net worth increased by $22.9 billion and the the net worth of younger brother Anil Ambani increased by $23.8 billion.

Indian Billionaires :

There are a total of 53 Indian billionaires in the forbes’ list,this is the highest number in Asia and fourth highest in the world.China has 42 billionaires.

The US has the highest number of 469 billionaires,followed by Russia having 87 billionaires and Germany with 59 billionaires.

The combined wealth of the Indian billionaires is $ $340.9 billion.

Youngest Self made billionaire from India is Sameer Gehlaut,age 34, with a net worth of $ 1.2 billion.

The richest new comer of Asia is Gautam Adani with a net worth of $9.3 billion

Indian billionaires in the Forbes’ list include:

Ramesh Chandra of Unitech : $9.6 billion
Sunil Mittal and family : $11.8 billion
Ravi and Sashi Ruia : $15 billion
Azim Premji : $12.7 billion
Kumar Birla : $ 10.2 billion

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Year 2050:India to become 90% of the size of the US Economy

Published by admin on March 11th, 2008 | Tagged Business, News

Future of the Indian Economy:

A PriceWaterhouseCoopers or PWC report has made some interesting predictions which indicate that the Indian Economy has a very bright future as it is going to become 90 % of the size of the US economy by the year 2050.

The growth rate of the Indian Economy is about 8.5 per cent,this is higher than that of China, which is 6.8 per cent.

China to become the largest economy on the world:

According to PriceWaterhouseCoopers,by 2025,China will be move ahead of the US to become the largest economy in the world and another thing that will happen is that, by 2050, China will be 130 per cent of the size of the US economy.

Growth rates of Asian Countries:

The PWC report indicates that, Vietnam has the highest growth rate of 9.8 per cent and it will be 70 per cent of the UK economy size by 2050.India is growing at 8.5 per cent ,which is higher than China’s growth rate of 6.8 per cent.

Largest economy in Africa:

According to the PWC report, Nigeria will become the largest economy in the African Continent by 2050,currently South Africa is the largest economy in Africa.

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