Kiran Mazumdar-Shaw (chairman & managing director of Biocon Limited)

Kiran Mazumdar-Shaw (chairman & managing director of Biocon Limited) Kiran Mazumdar-Shaw (born 23 March 1953) is an Indian entrepreneur. She is the chairman & managing director of Biocon Limited a biotechnology company based in Bangalore (Bengaluru), India. She is on the Forbes list of the world's 100 most powerful women and the Financial Times’ top 50 women in business list Kiran Mazumdar-Shaw's pioneering efforts in biotechnology...

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Industry

Industry:- 1. The manufacturing or technically productive enterprises in a particular field, country, region, or economy viewed collectively, or one of these individually. A single industry is often named after its principal product; for example, the auto industry. For statistical purposes, industries are categorized generally according a uniform classification code such as Standard Industrial Classification (SIC). 2. Any general business activity or commercial enterprise that can be isolated from others, such as the tourist industry or the entertainment...

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Angela Merkel (German chancellor )

Angela Merkel (German chancellor ) Angela Dorothea Kasner, better known as Angela Merkel, was born in Hamburg, West Germany, on July 17, 1954. Trained as a physicist, Merkel entered politics after the 1989 fall of the Berlin Wall. Rising to the position of Chairwoman of the Christian Democratic Union party, Merkel became Germany’s first female chancellor, and one of the leading figures of the European Union, following the 2005 national elections.  ...

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Insurance

Insurance :- Risk-transfer mechanism that ensures full or partial financial compensation for the loss or damage caused by event(s) beyond the control of the insured party. Under an insurance contract, a party (the insurer) indemnifies the other party (the insured) against a specified amount of loss, occurring from specified eventualities within a specified period, provided a fee called premium is paid. In general insurance, compensation is normally proportionate to the loss incurred, whereas in life insurance usually a fixed sum is paid. Some...

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Prasoon Joshi (songwriter, screenwriter and advertising copywriter)

Prasoon Joshi  (songwriter, screenwriter and advertising copywriter) Prasoon Joshi (born 16 September 1971)  is a National Award winning Indian . A prolific writer and poet, he published the first of his three books, Main Aur Woh, when he was just 17. He has won the Filmfare Best Lyricist Award twice consecutively: in 2007 and 2008. Prasoon has been feliciated with the prestigious National Award by the President of India, in 2007 for...

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Control group

Control group :- 1. A group of subjects or conditions that is matched as closely as possible with an experimental group, but is not exposed to any experimental treatment. The results are then compared to determine the changes that may occur due to the experimental treatment. 2. The people in an organization who have the power to make and implement decisions...

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Piyush Pandey (Ad Guru)

Piyush Pandey Piyush Pandey is the Executive Chairman & National Creative Director Ogilvy & Mather India (its first creative head to occupy this post) and the winner of over 600 awards for advertising from all over the world. He is also Vice Chairman of O&M South Asia. Under Pandey, Oglivy & Mather has become the third largest advertising agency in India. Born in Jaipur, India, Pandey did his schooling from the famous St. Xavier's...

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Nitin Paranjpe (CEO of HUL)

Nitin Paranjpe (CEO of HUL) Nitin Paranjpe is an Indian mechanical engineer and business executive. He is MD and CEO of Hindustan Unilever. Paranjpe served as Executive director of Hindustan Unilever since June 1, 2007        In his early years in Hindustan Unilever, Paranjpe worked as Area Sales Manager - Detergents and then Product Manager - Detergents. In April 1996, he became the Branch Manager - Chennai and in February...

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http://www.changemakers.com/SustLiving

http://www.changemakers.com/SustLivi...

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Jeff Bezos (founder and CEO of Amazon.com)

Jeff Bezos (founder and CEO of Amazon.com) Jeffrey Preston "Jeff" Bezos( born January 12, 1964) is an American internet entrepreneur and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet...

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Negligence

Negligence:- Breach of duty of care which results in loss or injury to the person or entity the duty is owed. Negligence usually includes doing something that an ordinary, reasonable, and prudent person would not do, or not doing something such a person would do considering the circumstances, situation, and the knowledge of parties involved. In civil liability (see tort), an aggrieved person or entity is entitled to claim damages in a court. In criminal liability, it is usually an unacceptable defense to claim that one was doing one's best to...

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Boom

Boom:- Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflatio...

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Tim Cook (Apple's CEO)

Tim Cook (Apple's CEO) Timothy Donald "Tim" Cook (born November 1, 1960) is an American business executive, and is the CEO of Apple Inc. Cook joined Apple in March 1998 as SVP of Worldwide Operations and also served as EVP of Worldwide Sales and Operations and was COO until he was named the CEO of Apple on August 24, 2011, succeeding Steve Jobs. Cook had previously served as acting CEO of Apple after Jobs began medical leave in January 2011. In...

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Empowerment

--------Term of the day--------- Empowerment :- A management practice of sharing information, rewards, and power with employees so that they can take initiative and make decisions to solve problems and improve service and performance. Empowerment is based on the idea that giving employees skills, resources, authority, opportunity, motivation, as well holding them responsible and accountable for outcomes of their actions, will contribute to their competence and satisfaction. BORN ON THIS DAY Joan Jett Born: 1958 | 55 years old As front woman...

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Born on Today

Born on Today:- Stephen King Born: 1947 | 66 years old Best-selling writer Stephen King made his name with terrifying books like Carrie, The Shining and Misery that went on to become horror movie classi...

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Salient

Salient:- Noticeable, clear to see; obvious. "In his letter, he claimed that he just wanted to say hello, but the more salient message to me was that he was lonely and badly needed a friend to talk to....

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Attrition

Attrition :- 1. The unpredictable and uncontrollable, but normal, reduction of work force due to resignations, retirement, sickness, or death. 2. Loss of a material or resource due to obsolescence or spoilage. ...

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Attitude:-

Attitude:- A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation. Attitude influences an individual's choice of action, and responses to challenges, incentives, and rewards (together called stimuli). Four major components of attitude are 1) Affective: emotions or feelings. 2) Cognitive: belief or opinions held consciously. 3) Conative: inclination for action. 4) Evaluative: positive or negative response to stimul...

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Money:-

Money:- Anything of value that serves as a (1) generally accepted medium of financial exchange, (2) legal tender for repayment of debt, (3) standard of value,  (4) unit of accounting measure, and (5) means to save or store purchasing powe...

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Business Terms

Dynamic:- 1. Capable of changing or being changed; in a state of flux, not static. 2. Characterized or distinguished by continuous change or vigorous activity, high effectiveness, energy, or force. 3. Causative or motivating agent or force, underlying an event or phenomenon ...

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