Word: rakesh
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Dates: during 2000-2009
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...always seen myself as a father,” said Rakesh Khurana, an associate professor of business administration at Harvard Business School...
...terrorists' target was a global financial capital at the heart of the fast-growing Asian economy and a popular destination for foreign investment. The similarity to recent attacks on transportation networks in Western financial capitals was not lost on residents of Bombay. "First Madrid, then London, now us," says Rakesh Jhunjhunwala, a well-known Indian investor. "The terrorists were trying to attack the financial backbone of India, but it did not work." Indeed, in the aftermath of the bombs, Bombay's people showed resilience and bravery?just as those in Madrid, London and New York did in similar circumstances...
...Things just happen here," says Sanjay Bhandarkar, managing director of investment bank Rothschild's India. "Because people have to make things work themselves." The rise of China has been the product of methodical state planning, but India's is all about private hustle, a trait that Americans can appreciate. Rakesh Jhunjhunwala, a billionaire trader in Bombay, says initiative represents Bombay's--and India's--advantage over its competitors. "It's people who make countries," he says, "not governments...
There's no guarantee, of course, that any or all of these steps will shelter a new CEO from investor wrath or ensure long-term success. Rakesh Khurana, an assistant professor at Harvard Business School, finds it troubling that even after boards fire a CEO, few engage in self-criticism. "It's not clear whether we'll be witnessing any dramatic reconsideration of what went wrong," says Khurana, author of an acclaimed book criticizing the phenomenon of celebrity CEOs, Searching for a Corporate Savior...
...Last week, police raided Chimatpada, a maze of slum houses, cheap restaurants and noisy industrial workshops, bursting into the pink-walled shanty where the Hanifs lived. Inside, says chief investigator Rakesh Maria, they found 22 detonators, 235 gelatin sticks, 14 timing devices, wires and soldering equipment. As the authorities tell it, the Hanifs collaborated with a 26-year-old embroiderer, Arshat Ansari, to pull off the Aug. 25 bombings that killed 52 and injured 175 in Bombay. While Ansari allegedly placed his bomb in a taxi at Zaveri Bazaar, a crowded jewelry market, police say the Hanifs had packed explosives...