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Assignment 1-EDP

The document profiles three successful entrepreneurs: Narayana Murthy, Mukesh Ambani, and Ratan Tata, highlighting their backgrounds, leadership styles, and significant achievements. Murthy co-founded Infosys, emphasizing ethical business practices and innovation, while Ambani transformed Reliance Industries and revolutionized telecommunications in India with Reliance Jio. Tata, as former chairman of Tata Sons, expanded the Tata Group globally and focused on philanthropy, leaving a lasting impact on Indian society.

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6 views

Assignment 1-EDP

The document profiles three successful entrepreneurs: Narayana Murthy, Mukesh Ambani, and Ratan Tata, highlighting their backgrounds, leadership styles, and significant achievements. Murthy co-founded Infosys, emphasizing ethical business practices and innovation, while Ambani transformed Reliance Industries and revolutionized telecommunications in India with Reliance Jio. Tata, as former chairman of Tata Sons, expanded the Tata Group globally and focused on philanthropy, leaving a lasting impact on Indian society.

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purohithakmaram600
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
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Rahul Kokare Roll no.

102 TYCO-B

Entrepreneurship Development (EDP)


Experiment no. 1

AIM: Submit a profile summary of 3 successful entrepreneur indicating milestone


achievement.

➢ Narayan Murthy: Co-founder of Infosys

Narayana Murthy was born on August 20, 1946, in Mysore, India. He grew
up in a middle-class family, which instilled in him the values of hard work
and education. He earned a Bachelor’s degree in Electrical Engineering from
the National Institute of Engineering, Mysore, and later obtained a Master’s
degree in Computer Science from Cornell University. Before founding
Infosys, Murthy worked at various organizations, including the Indian
Institute of Management, Ahmedabad, and as a systems programmer at a
multinational company in France.

In 1981, he co-founded Infosys with six other engineers, establishing a


company that aimed to provide high-quality software services to clients
globally. Narayana Murthy is a distinguished Indian entrepreneur and the co-
founder of Infosys, a global leader in IT services and consulting. His
visionary leadership and commitment to ethical business practices have
significantly influenced the Indian IT industry and inspired countless
entrepreneurs. Narayana Murthy is recognized for his visionary approach,
focusing on innovation, quality, and customer-centric solutions. He believes
in empowering employees and fostering a culture of teamwork, which has
been instrumental in Infosys's success.
Rahul Kokare Roll no. 102 TYCO-B

Murthy is actively involved in various philanthropic initiatives, focusing on


education, healthcare, and rural development. He has supported numerous
causes aimed at improving the quality of life for underprivileged
communities in India.

Narayana Murthy's journey as an entrepreneur exemplifies the power of


innovation, ethical leadership, and social responsibility. His contributions to
the IT sector and commitment to fostering a culture of excellence have left an
indelible mark on the Indian economy and continue to inspire future
generations of business leaders.

Milestones Achieved:

Under Murthy's leadership, Infosys became a pioneer in the Indian IT services


sector, emphasizing quality, transparency, and customer satisfaction. In 1993,
Infosys became the first Indian company to be listed on the NASDAQ stock
exchange, marking a significant milestone in the globalization of Indian IT. By the
early 2000s, Infosys had grown to become one of the largest IT services companies
in India, with a strong presence in global markets. Murthy is known for his
commitment to ethical business practices and corporate governance, setting a
benchmark for other companies in India.
Rahul Kokare Roll no. 102 TYCO-B

➢ Mukesh Ambani: Chairman and Managing Director of Reliance


Industries Limited (RIL).

Mukesh Ambani was born on April 19, 1957, in Aden, Yemen. He is the son
of Dhirubhai Ambani, the founder of Reliance Industries. He completed his
Bachelor’s degree in Chemical Engineering from the Institute of Chemical
Technology, Mumbai, and pursued an MBA from Stanford University,
although he left the program to join his family business. Mukesh Ambani is a
prominent Indian entrepreneur and the chairman and managing director of
Reliance Industries Limited (RIL), one of the largest conglomerates in India.
His leadership has significantly transformed the Indian business landscape,
particularly in the telecommunications and petrochemical sectors. Mukesh
joined Reliance Industries in 1981, where he initially worked on the
company’s petrochemicals division.

In 2002, he became the chairman of Reliance Industries after the death of his
father, Dhirubhai Ambani. Mukesh Ambani is known for his visionary
approach, focusing on innovation, technology, and customer-centric
strategies. His initiatives have aligned with the Indian government's vision of
a Digital India, promoting digital access and connectivity. Mukesh Ambani is
also committed to social causes through the Reliance Foundation, which
focuses on education, healthcare, rural development, and disaster response,
contributing to the welfare of communities across India.

Mukesh Ambani's journey as an entrepreneur exemplifies the potential of


visionary leadership and innovation in transforming industries. His
contributions to the telecommunications sector and commitment to social
responsibility position him as a key figure in India’s largest economy.
Rahul Kokare Roll no. 102 TYCO-B

Milestones Achieved:

Under his leadership, RIL diversified into various sectors, including


telecommunications, retail, and digital services. In 2016, Mukesh launched Reliance
Jio, which revolutionized the Indian telecommunications market by offering
affordable data and free voice calls. This initiative led to a significant increase in
internet penetration across India and disrupted the existing telecom landscape. By
2021, Reliance Industries became the first Indian company to cross a market
capitalization of $200 billion, reflecting its substantial growth and influence in the
global market.
Rahul Kokare Roll no. 102 TYCO-B

➢ Ratan Jamshedji Tata: Former Chairman of Tata Sons

Ratan Tata was born on December 28, 1937, in Mumbai, India. He hails from
the Tata family, known for its significant contributions to Indian industry and
philanthropy. He completed his Bachelor’s degree in Architecture from
Cornell University and also attended the Harvard Business School for an
advanced management program. Ratan Tata joined the Tata Group in 1962,
initially working at Tata Steel, where he gained valuable experience in the
manufacturing sector. In 1991, he became the chairman of Tata Sons,
succeeding J.R.D. Tata, and began a transformative journey for the group.

Ratan Tata is a prominent Indian industrialist and the former chairman of


Tata Sons, the holding company of the Tata Group, one of India's largest and
oldest conglomerates. His leadership has been instrumental in expanding the
Tata Group's global footprint and diversifying its business interests across
various sectors. Ratan Tata is known for his visionary approach, focusing on
innovation, sustainability, and ethical business practices. His leadership style
emphasizes empathy, inclusiveness, and a commitment to improving the lives
of people in the communities where the Tata Group operates. Ratan Tata has
been actively involved in various philanthropic initiatives through the Tata
Trusts, focusing on education, healthcare, rural development, and social
welfare. His commitment to giving back to society has made a significant
impact on the lives of many in India.
Rahul Kokare Roll no. 102 TYCO-B

Ratan Tata's journey as an entrepreneur exemplifies the principles of ethical


leadership, innovation, and social responsibility. His contributions to the Tata
Group and his commitment to philanthropy have not only transformed the
conglomerate into a global powerhouse but have also made a lasting impact
on Indian society. His legacy continues to inspire future generations of
business leaders and entrepreneurs.

Milestones Achieved:

Under Ratan Tata's leadership, the Tata Group expanded its operations
internationally, acquiring several global brands, including Jaguar Land Rover in
2008, which significantly enhanced the group's presence in the automotive
sector. He spearheaded the launch of the Tata Nano in 2008, aimed at providing
an affordable car for the masses, although it faced market challenges. He also
promoted diversification into sectors such as IT, telecommunications, and
consumer goods. Ratan Tata has been a strong advocate for corporate social
responsibility, ensuring that the Tata Group contributes to social causes and
community development.

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