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 Nepali Billionaires & Millionaires
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Posted on 09-23-10 7:08 PM     Reply [Subscribe]
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- With Love from Russia ...
- Money counts ...
- A bit outdated, but inspirational nonetheless ...


Nepali Times
BUSINESS
Nepali billionaires 


During the Soviet era, Russians were not allowed to own private property. Fifteen years after the collapse of the Soviet Union, Moscow has nearly as many multi-millionaires as New York. And some of them are Nepalis. 

Knowledge of English and Russian as well as prior exposure to the free market allowed Nepali students in the Soviet Union to adjust faster to the consumer boom in the post-communist era. So they got married and settled down here. Not even in that bastion of global capitalism, the United States, has the Nepali diaspora struck it as rich as it has in Russia. 

Jiba Lamichhane came to Russia to study engineering in 1986. He used to be a dealer for Sony, LG and Samsung in Russia. "There would be long queues even before we opened the stores, we sold goods worth hundreds of thousands of dollars every day. There was just so much pent-up demand the profit margin was 35-40 percent," recalls Lamichhane of the period just after 1990. 

The Nepalis thrived because locals lacked the business acumen in banking and exposure to the outside world. But now the Russians have learnt fast, and the business is more competitive. Lamichhane is managing director of Techno Trust, a company manufacturing the Elson brand LCD tvs for the Russian market. 

There are more than 150 Nepali entrepreneurs and more than 36 business conglomerates in Russia and the CIS countries which are Nepali-owned. From Moscow to Minsk, Kiev, Kharkov, Odessa, St Petersburg to Volgograd, you will find successful Nepali traders dealing in electronic goods and appliances. Even the newly-arrived are doing well. Dile Lama came here not to study but to do business. He now runs the Tibet and Jhomolungma restaurants in Moscow and Minsk. 

But by far the most successful Nepali in the CIS is Upendra Mahato, who did a PhD, and after 1990 set up a business empire spanning electronics, oil, real estate, banking and heavy machinery. Mahato now has 12,000 employees, 50 of them Nepali. Starting off as an electronics trader, Mahato now owns a television factory in Voronezh, 400 km south of Moscow, making one million sets annually. And he owns the outlets to sell them: a huge electronics mega mall in Gorbushka which sees 80,000 customers a day. He is building a 26-storey $50 million apartment block in a prime residential area in Moscow. 

Russia's Nepali millionaires are now reaping the rewards of the hard work and struggle of their early days here. Most have dachas in the countryside, children attending the most expensive schools in Europe or the United States. They commute to work in limousines. 

But the success is tinged with the fear of violence from extortionists and skinheads.
Last edited: 23-Sep-10 07:13 PM

 
Posted on 09-23-10 8:52 PM     [Snapshot: 282]     Reply [Subscribe]
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- I think he is Nepali (independent verification pending) ...
- More recent ...
- From nepalnews ...

A Non-resident Nepali businessman based in Hong Kong has hugged media limelight in the UK after taking over Portsmouth Football Club, a troubled British Football club.

Chainrai, 51, saved the club last October by providing a £17 million loan to the Portsmouth FC helping the club to meet tax bills.

The Guardian, a leading British newspaper, reported that Balram Chainrai, a British passport holder, seized control of the club from Ali al-Faraj, a Saudi businessman, bcoming the fourth owner of the club in this season. 

Chainrai has taken over the 90% shareholding in Portsmouth that was held by Faraj after becoming frustrated that the club had missed deadlines to repay money he was due for substantial loans he gave to them earlier this season, the news report said.

Balram Chinrai (2nd from right) with other officebearers of the Portsmouth Football Club (Photo courtesy: www.dailymail.co.uk)
Balram Chinrai (2nd from right) with other officebearers of the Portsmouth Football Club (Photo courtesy: www.dailymail.co.uk)
Chainrai had loaned at least £17m to Faraj to keep Portsmouth afloat through Portpin, the company he owns with his Israeli business partner, Levi Kushnir, and their associates. Those loans were secured against the stadium, the club's future television revenue and Faraj's 90% share. Angered by Portsmouth's failure to make repayments on the finance, despite Portpin continually extending the deadlines, Chainrai's patience ran out, and he instructed his lawyers to act. Under the terms of the loan Faraj's 90% shareholding in Portsmouth was frozen and passes to Chainrai. It is understood Faraj may have to instigate court proceedings if he wishes to challenge the move, the Guardian reported.

Chainrai hopes to appoint two new members to the Portsmouth board and is intent on stabilising the finances before looking to attract investors, the daily reported.

Who is Chainrai?

Chainrai is said to have made his fortune distributing electronic products and mobile phones, The Times—a leading British newspaper—reported on Friday. “His main company, Hornington, was founded in 1984 to make and rade electronics and toys, distribute computers and related accessories and to provide funding to other business projects,” the news report said.

According to The Times, Hornington owns a string of fitness chains in Hong Kong and also has investments in Australia and Eastern Europe. Last year, the company claimed to have an annual turn over of £260 million.

Chainrai first came to the attention of the UK business press about six or seven years ago, when his property firm snapped up a number of industrial units around UK, the news report added. nepalnews.com



SOURCE:

http://www.nepalnews.com/main/index.php/news-archive/19-general/4002-balram-chainrai-hugs-media-limelight-in-the-uk.html







Last edited: 23-Sep-10 08:56 PM

 
Posted on 09-23-10 9:01 PM     [Snapshot: 329]     Reply [Subscribe]
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- Verified
- This chap has his own Wiki article


Balram Chainrai

From Wikipedia, the free encyclopedia

Balram Chainrai is a Hong Kong based businessman (consumer electronics) and property developer who nominally owns English Championship club Portsmouth Football Club.[1]

Balram was born in Okhaldhunga district in eastern Nepal and migrated with his family to Hong Kong while his father was still serving in British Army.[2]

Chainrai has a Indian wife with whom he has 3 childrens, he is also a leading member of the South Asian society in Hong Kong and can speak NepaleseHindi andCantonese[3]

[edit]Portsmouth FC

In 2010, Balram Chainrai loaned former owner Ali al-Faraj £17 million, secured through collateral on Fratton Park grounds and the club itself. When the owner failed to meet a scheduled loan repayment, Chainrai took over control of the club. While the press calls him the "owner" of the club, Chainrai has until recently rejected this label and still maintains that he is only protecting his security. He intends to sell the club as soon as possible.

[edit]References

  1. ^ "Crisis club Portsmouth have fourth owner of the season". BBC. 4 February 2010. Retrieved 4 February 2010.
  2. ^ "'Nepali' owns English football club". eKantipur. 5 February 2010. Retrieved 5 February 2010.
  3. ^ "I've got nothing to hide, says Chainrai". South China Morning Post. 7 March 2010. Retrieved 7 March 2010.

[edit]External links


 
Posted on 09-23-10 10:18 PM     [Snapshot: 467]     Reply [Subscribe]
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Im next in line , right now I make only a couple thousand dollars but soon ill be counting billions LOL.Im not joking  Im dead serious, Im going to make billions of dollars selling trillions and trillions of MOMO, thats right you heard me MOMO, any one interested. Anybody interested in partnership. Must have the knowledge to wrap the momo. send resume to me.

 
Posted on 09-23-10 10:30 PM     [Snapshot: 501]     Reply [Subscribe]
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@ terobaaje,

- Whatever makes U happy man ...
- MOMO HERO is definitely a possibility ... 

 
Posted on 09-23-10 10:43 PM     [Snapshot: 514]     Reply [Subscribe]
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Terobaaje: I thought about it too. I reminds me old story. Other than Ktm, most cities had Sekuwa low scale but high turnover and high profit. One of my local co-worker asked me I will manage everything but you have to take care of the cash and I have to go join after my job ends at 4;30. When I discussed , a distant relative had a big mouth " How about Bajeko Bat pasal next to bus park".  Even in USA I thought about it, but could not do it.

If you want to do momo business , we have to make it quiet different than TRADITIONAL momo.
We have to create new test from the original test. It must blend with the the AMERICAN way, less spicy and may be little bit cheesy. The sauce ( Chatani) has to be non-spicy.

If you can alter the taste and differentiate from Dumpling then we will be successful.One time I got a chance to eat cream momo with cranberry chatani.

 
Posted on 09-23-10 10:45 PM     [Snapshot: 555]     Reply [Subscribe]
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- Alright ... Lady Luck is definitely smiling down on this fellow.

- Inherited Millionaire (also Nepali)

- From BBC

Page last updated at 18:46 GMT, Thursday, 13 May 2010 19:46 UK

Nepali butler inherits New York fortune

By Salim Rizvi in New York

Indra Tamang with his daughter Zina (photo: Salim Rizvi)
Mr Tamang and his family are coming to terms with the huge windfall

Until a few months ago, he was a butler in one of the more expensive residential buildings in Manhattan. But now, Nepal-born Indra Tamang is the owner of two multi-million dollar apartments in the same building.

The former owner - his former employer, Ruth Ford - died last year and left the apartments in the historic Dakota Building on the Upper West Side to Mr Tamang in her will, along with a valuable Russian surrealist art collection.

The estate is estimated to be worth nearly $10m (£6.8m).

Mr Tamang is happy but quickly points out that his good fortune did not come easily.

"I am happy and have been humbled by the generosity of the Ford family," he says. "I never expected that I will be given the ownership of these apartments.

"But I have been working for the family for the last 36 years, loyally, with honesty and dedication. So my hard work has been rewarded."

Relaxed masters

Mr Tamang was 21 when he was brought from Nepal as a domestic help by Charles Ford, a writer and a photographer.

Mr Ford died in 2002; his sister, actress Ruth Ford, then took charge and told Mr Tamang that he was like a brother to her after Charles's death.

"Charles was like my father," recalls Mr Tamang. "And Ruth has also been very kind to me and I took very good care of her. She used to lovingly call me 'Tamang darling'."

"They were very relaxed masters who treated me like a member of the family. I travelled with them all over the world."

The Dakota building
Beatles star John Lennon once lived in the Dakota building

Mrs Ford died aged 98. During the last five years of her life, she lost her eyesight and also developed speech problems. Mr Tamang looked after her most of the time and took care of her medicines and food.

He also worked with Charles Ford on various photography projects, which he now wants to keep as the photographer's legacy. He hopes to organise exhibitions of Mr Ford's photographs and compile a book of his works.

With the story of Mr Tamang's inheritance doing the rounds, the Dakota Building has seen an increase in visitor numbers. It also has links with the Beatles star John Lennon, who died there.

A doorman at the gate to the mansion block said he had been busy since morning, answering questions from visitors.

Mr Tamang plans to sell the bigger, three-bedroom apartment to pay the taxes he owes to the government on his inheritance.

He has not yet asked the co-operative board of the Dakota building for permission to live in his apartments.

But, he says: "The rules of the co-op might be a problem, as they require a minimum monthly income to qualify to live as owner of apartments."

For now, he plans to live in his modest home in Queens. "I have my small house here but I am happy with it," Mr Tamang says.

'Hard worker'

He first got news of the windfall last August, when the family's lawyers told him about the apartments left in his name.

Indra Tamang's house in Queens
Mr Tamang plans to stay in his house in Queens for now

However, the biological daughter of Ruth Ford challenged the will in court and the case was not settled until April this year.

The story made it into the press only this week. Since then, Mr Tamang has been interviewed by several TV channels from the US and abroad.

The former butler, now 57, insists that he has not changed at all following the unexpected turn in his life.

"I am the same Tamang as I have been before all this happened and I will remain like this in future too."

Friends have been coming from all over the city to congratulate him.

Friend and neighbour Narbada says: "Indra Tamang is a very honest and good person, always ready to help others. I am so happy for him, he deserves every bit of it. He worked very hard for many decades."

'Safety fears'

But one Nepali community activist, who did not want to give her name, said that many members of the community had not treated Mr Tamang well before the news of the multi-million dollar legacy started making the rounds.

'Safety fears'

But one Nepali community activist, who did not want to give her name, said that many members of the community had not treated Mr Tamang well before the news of the multi-million dollar legacy started making the rounds.

 When I get some money from the sale of the apartment, I will try and pay the mortgage of my home in Queens 
Indra Tamang

Mr Tamang's wife, Radhika, is also not entirely happy with the turn of events.

She says that they have not received any money as yet - but they are still being projected as millionaires. She fears for the safety of the family. The couple have a 10-year-old daughter, Zina, who is also trying to figure out what has suddenly changed in their lives.

Mr Tamang says that he will get much less than the estimated $10m value of the legacy after taxes and fees.

But looking forward to receiving a sizeable sum, he says: "When I get some money from the sale of the apartment, I will try and pay the mortgage of my home in Queens. But I will keep my other apartment and use it for exhibitions etc."

Memoir plans

Mr Tamang was born in a small village called Fahil, in the Makanpur district of Nepal.

Indra Tamang at his home
Mr Tamang's family in Nepal are unaware of his inherited fortune

He says that his mother, two children from his first marriage and his brothers and sisters who still live in his village have no idea about his multi-million dollar inheritance thousands of miles away in New York.

He now plans to visit his family, whom he has not seen for many years.

He also encourages other Nepalis living in America to work hard and be honest in their work.

One day, he plans to write an autobiography, with some help from others. But for now, Mr Tamang plans to take it easy and relax for a while.

He has learnt his lesson from the life of his employers and plans to use his money with great caution.

"I think one should save money for old age. That's when you need it the most to get care," he says.

Last edited: 23-Sep-10 10:49 PM

 
Posted on 09-24-10 2:26 AM     [Snapshot: 792]     Reply [Subscribe]
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- greetings from the land down under ...



Shesh Ghale - The 176th Richest Person in Australia

Posted 4 June, 2010 – in: AustraliaConsultancy & ServicesNews

Shesh Ghale, 52 a Nepalese-born entrepreneur has done it again this year to be listed in Australian BRW amongst the Australia’s wealthiest 200 people of the year 2010. This is the second time Ghale has been listed in Australian BRW’s 200 wealthiest Australian. Thanks to mainly for his education services Melbourne Institute of Technology (MIT), not to be confused with RMIT, Melbourne or MIT, Massachusetts USA.
Mr Ghale established MIT, Melbourne in the year 1996 six years after he arrived in Australia from Nepal. Since then MIT, which offers degree and master degree courses mainly in technology and accounting has grown to 3,000 students with campuses at Melbourne and Sydney and with plans on the table for more campuses in other Australian cities.
Ghale still keeping his one hand, the right one in the education market also begun to use his left hand in commercial properties market within Melbourne area, many of which properties are occupied by MIT. Ghale who purchased 1920s Argus building in Melbourne’s La Trobe Street for $15 million is planning to convert the building into a $50 million university campus.
Ghale who was worth $208 million last year has increased his wealth and fortune this year to $237 million gaining the place of 176th richest Australian. Ghale, who originally comes from Lumjung in Western Nepal is married with one child and lives in Melbourne, Vic Australia.

NepaleseAbroad.com --- Shesh Ghale, the richest known Nepalese Abroad from Australia!
Ghale as seen in Australian BRW. May 27 - June 30, 2010 Issue

NepaleseAbroad.com --- Shesh Ghale, the richest known Nepalese Abroad from Australia!
List of 200 Wealthiest Australian’s listed in May-June 2010 issue of Australian Business Review

Last edited: 24-Sep-10 02:27 AM

 
Posted on 09-24-10 10:31 AM     [Snapshot: 1069]     Reply [Subscribe]
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what happens to people when they get rich? So many RICH Nepali people who can really make a difference but chose not too? I dont know if they do or not.. Im not rich by any standards or even well off here in the US. Just another struggling Joe who works his arse off to make ends meet. I personally feel that If I get rich I want to help Nepal and all the poor people of Nepal in any small or big way I can. Right  now I am in the receiving end  failing to help myself, what I make is barely enough to survive but I would love to help all Nepalese, but I keep on waiting for the day to get rich so I can stop worrying about my problems and contribute what I can. BUT I feel so guilty and find no reason to complain when I read news from Nepal when  mother kills her Kids and herself due to hunger. We get so caught up in life and trying survive that we sometimes forget how lucky we are compared to the poor people in Nepal. We spend so much money in STUFF and THINGS, throw food and waste water. Are we selfish? Should we feel guilty for not helping, when all these rich people havent done anything SUBSTANTIAL do help poor Nepali people? BUT I dont know what tons of money do to regular people but I wonder what it will do to me.

 
Posted on 09-24-10 12:09 PM     [Snapshot: 1197]     Reply [Subscribe]
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This is inspiring. Thanks for posting!
 
Posted on 09-24-10 8:40 PM     [Snapshot: 1559]     Reply [Subscribe]
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How Could I forget CG (Chaudhary Group) ... 

- What started out as a humble beginning...
- Turned into a mega business ...


1935 - 1943

The catastrophic earthquake of 1933 crippled commerce and social infrastructure in Nepal. This acted as the catalyst, which augmented the need for rebuilding.

Under the Rana Regime, the first row of shops along the popular Juddha Sadak (the present New Road) took shape. 

It was here that the founder Mr.Bhuramull Chaudhary was given a shop on a yearly rental fee of Rs. 200, which eventually increased to Rs 500. It was situated opposite the present Bishal Bazaar and dealt in textiles imported from various parts of India. 

The late Bhuramull Chaudhary having started his business in a humble manner by importing fabrics from India was also one of the few privileged businessmen permitted to enter the then Rana palace of Shri Shri Shri Judha Shumsher Jung Bahadur Rana. 

Mr. Bhuramull Chaudhary along with his son carried items from his shop to the palace with the help of several porters and arranged an open shop in the courtyard for the Queen, courtiers and the King's people. 

This operation functioned under the informal name of Bhuramull Lunkaran Das (those were the days when no registration of private business firms was required).




 
   
 Chaudhary Group, the First Nepalese Conglomerate with over 40 Companies under its umbrella, today commands an investment outlay of over US$250 million. Being the first Nepali organization to have a distribution network spanning the subcontinent, it has made substantial presence in South Asia's fiercely competitive Food and Beverages market. Our Food & Beverages products have been a common household name in Nepal for decades. With ISO 9002 certification, providing the lead, our F&B products have crossed the borders to become a favorite in South Asian cities.

"Quality is never an accident. It is always the result of high intention, sincere effort, intelligent direction and skillful execution. It represents the wise choice of many alternatives and as we entered 21st century, the gleaming horizon awaits our vision towards globalization." 

Binod K. Chaudhary 
President & Managing Director 
Chaudhary Group


Soource:

http://www.chaudharygroup.com/about_cg.php








 
Posted on 09-24-10 8:49 PM     [Snapshot: 1575]     Reply [Subscribe]
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- Even their grandson's (CG, Jyoti & Golchha) are making it BIG ...



Nepali TimesSherpa Adventure Gear
FROM THE NEPALI PRESS
The grandsons also rise 



Nirvan has been learning the ropes as a management trainee at the international department of Chaudhary Group for the last few months. He knows this will give him an advantage as he works his way up the ladder-right to the top. Nirvan is Binod Chaudhary's son, and grandson to Lunkaran Das. 

The third generation of Nepal's business houses are turning their lucrative family operated businesses into corporate empires. The leadership of business groups like Soaltee, Jyoti, Chaudhary and Golchha are gradually being handed over to the next generation which is bringing with it youthful exuberance and new management techniques. This could be viewed as a natural progression-children falling into the family business-except the "family businesses" are massive conglomerates and the "children" are often foreign-educated ambitious youngsters with fresh ideas and strategies that often don't sit well with their elders. 

Nirvan says a certain amount of tension with his seniors is natural. "The difference in approach between my father and me is obvious in activities like dealing with employees and in marketing style," he said. The young entrepreneurs admit that they often have differences of opinion either due to a generation gap or simply different perspectives. Some of them have even gone into new spheres of business, not their families' traditional ones. 

Sanjaya Golchha had to wait for several years before getting permission to float IT Nepal, a private information technology company. He believes the young generation is more aggressive and must acknowledge in good humour the advice from older members in the business. 

Rajendra Khetan, the son of Mohan Gopal Khetan who heads the Khetan Group, admits he has been at loggerheads with his father at times. Vice chairman and spokesman of the FNCCI, the media savvy Rajendra says "When I joined the business, our group had diverse interests. I insisted on running the show alone by doing away with partners but my father wanted to keep the status quo." With the entry of Rajendra and his brothers to the family business, the Khetan portfolio has diversified to include beer, noodles and finance. 

Pravin had no plans of returning home after earning his degree in the US. The son of Shyam Bahadur Pandey of Shangri-la Hotel, Pravin changed his mind and came home at age 24. Within six years, he had developed a reputation as an efficient hotel entrepreneur. Pravin became the youngest person ever to head the travel forum when he was elected chairman of the Pacific Asia Travel Association (PATA). 

Rajan Shakya, 28, has also stepped into the footsteps of his versatile father, Karna Shakya. Rajan is now running the legendary Kathmandu Guest House in Thamel. After taking over as chairman of the renowned Soaltee Group from his father, Prabhakar Shumsher, Siddhartha has also been actively engaged in diversifying his group into dynamic areas like hydropower and textiles. 

Saurav Jyoti takes calculated risks. He would rather have his existing businesses run professionally than diversify into new fields. The grandson of Mani Harsha and son of Padma Jyoti, Saurav assists his businessman-cum-academic father and also heads several enterprises under the Jyoti Group including the Philips account, the Himal Iron and Steel and Honda. 

Shekhar Golchha joined the Golchha Organisation, set up by his grandfather Ram Lal Golchha, 14 years ago with a management degree from the UK. Today he is considered a major entrepreneur as the managing director of Him Electronics, where he has 300 employees and oversees a business worth Rs 1 billion annually

At the Chaudhary Group office that overlooks the capital, Nirvan's cousin Megha is dividing her time between studies and business. A student of commerce at Poona in India, Megha is a "trainee director" at Norvic hospital that offers state-of-the arts services to heart patients. Megha may soon be the first woman to head a Nepali business house. 

It is easy to dismiss these scions of business. After all, they were all born with silver spoons in their mouths. But their birth did not guarantee a berth in the upper echelons of their family businesses, they had to earn it like everyone else through hard work, attention to detail and by being street-smart. "The Golchha organisation is a platform rather than a paternal gift," says Sanjaya Golchha, who worked his way up from the accounts department through marketing and operations at Hulas Steel. No one cut him any slack just because he was the boss' son, he says. While in London, Nirvan Chaudhary worked as a waiter in a Nepali restaurant for experience. Pravin Pandey still has the ?24 that he earned at the Nepali-run Montis Restaurant.


Last edited: 24-Sep-10 08:58 PM

 
Posted on 09-25-10 12:36 AM     [Snapshot: 1707]     Reply [Subscribe]
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nice ones...
particulary the last one was gr8 and inspiring ..
DESPITE current political situation of the country... Its good to read YOUTH is taking over business houses.
We would wish same could have taken place in politics where GANGAN THAPA and his peers are happy just being members rather than coming forward for the change..

Dammn, same old 70+ koirala clan leads Congress
Jhalu, Oli and Makune leads UML
MAD DOG prachanda leads Maoist...
Corrupted Indian Spies lead Forum
...
May now its time to turn to PARAS SARKAR for the change in political scenario...



 
Posted on 09-25-10 11:10 PM     [Snapshot: 2099]     Reply [Subscribe]
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- Another hotshot ...

- He is 50/50 - i.e. was born at the border between Nepal & India ... (according to Wiki)

- Proclaimed to be richest in North America ... - Lives in Canada ...

- Working with Banepa IT Park (in Nepal) ... (according to Wiki)

-------------------
& the Man is  ...

Aditya Jha

From Wikipedia, the free encyclopedia
Aditya Jha
ResidenceTorontoCanada
NationalityCanadian
EducationHonorary LL.D., Ryerson University; M.Sc. Mathematical Statistics, Post Graduate Diploma in Computer Science, Research Scholar at School of Computer & Systems Sciences, Jawaharlal Nehru University (JNU)
Alma materCentral School, Bihar,
Hans Raj CollegeUniversity of Delhi,
Jawaharlal Nehru University,
Kurukshetra UniversityRyerson University, Toronto, Canada
EmployerKarma Candy Inc.
Known forBusiness & philanthropic philosophy, active giving, business success and political involvement
TitlePresident & CEO
Website
aditya.ca

Early life

Aditya Jha was born in village situated on border of India and Nepal. He was brought-up in a landed upper middle class family of three brothers and two sisters. His father was lawyer by profession and practiced law in district court (Sitamarhi, India). Upon completion of his secondary education in a village near Nepal India border, Aditya went on to pursue post-secondary education in Delhi, India. After receiving a bachelors degree in sciences from Hans Raj College Delhi University, he went on to do M.Sc. Mathematical Statistics at Kurukshetra University and PG Diploma in Computer Science fromKurukshetra University. He further invested four and a half years from 1979 to 1984 as a Research Scholar at the School of Computer and Systems Sciences, Jawaharlal Nehru University before visiting Paris, France for Mainframe computer training with CIT Alcatel for six months. He was recipient of University Grants Commission's Junior and Senior scholarship and Research Associateship from Council of Scientific and Industrial Research. He was very active in student politics and student union activities and worked underground with those who were working against when Emergency measures suspending democratic rights in India were promulgated. He played leadership role with the largest student organization in India as General Secretary for Delhi and Haryana state and was on the National Executive of the national student organization when he was just 22 years old.[4] His Mother tongue is Maithili and he belongs to Mithilanchal, India.


Philanthropic work in Nepal

Aditya Jha donates laptops at NWFs Arya Tara School of Tibetan nuns outside Kathmandu,Nepal on October 16, 2008

Since Fall of 2008, Aditya has been involved with the One Laptop Per Child project. He has since then distributed more than 100 laptops to rural village schools in Nepal, including Nuns' Welfare Foundations Arya Tara School [26].[27] This project is an addition to the hundreds of computers and printers he donated to dozens of schools in Kathmandu valley in Nepal[28] In 2001, Aditya proposed to develop and fund a world class Institute of Information Technology Nepal (IIT-N) modelled after India's IIT. The institute was to be established within a government sponsored IT Park in the Greater Kathmandu area (Banepa IT Park).[29]. Just before the parliament of Nepal was set to approve the proposal, the government fell and proposal was delayed, and later withdrawn by Aditya.[30][31].

[edit]Philanthropic work in India

Jha chairs the India AIDS Campaign within UNICEF Canada's Unite For Children, Unite Against Aids campaign. "As part of the larger Canadian Unite for Children, Unite against AIDS campaign, a special India HIV and AIDS Campaign has been established to support AIDS prevention, awareness and treatment projects for children and youth in India."[32]. Working with Canadian organization 'Aim for Seva', Aditya has donated a 50 student residence for kids from landless families in Bihar,India.[33]

Last edited: 25-Sep-10 11:12 PM

 
Posted on 09-25-10 11:31 PM     [Snapshot: 2139]     Reply [Subscribe]
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- More on the elusive Aditya ...


Aditya JhaA philanthropist at heart and an entrepreneur with passion, Aditya Jha's life journey in Canada is a living example of how one can build a successful career/ venture and in the process help cause of Canada, a land of dreams for new migrants.  Through his entrepreneurial feats of actualizing one's dream even with high risk taking, as well as his acts of generous giving to those outside his community; he has demonstrated a rare sensitivity towards the needs of the country he emigrated to and adopted as his own.  

 

An entrepreneur in pursuit of excellence
 
Aditya is President & CEO of Karma Candy Inc, one of North America's largest contract manufacturer of branded and premium private label chocolate and candy products. It manufactures for some of the top national and international confectionery brands, as well as for global retailers. He acquired this highly reputed, large confectionery manufacturing business in Hamilton, Ontario (formerly of Cadbury Adams Canada). Within first year of acquisition, this business (http://www.karmacandy.ca/) is a major turn-around story. Prior to this, he co-founded a software company, Isopia Inc., Canada after having a successful career at Bell Canada as General Manager, eBusiness and Product Marketing. In July 2001, despite the downturn in the technology industry, Isopia was a major acquisition by Sun Microsystems Inc., USA. Subsequently, he co-founded another software product company, Osellus Inc., Canada and Osellus Asia Pacific Company Limited, Thailand. A bon vivant, his newest exciting acquisition is one of Toronto's longest established fine-dining restaurant in Yorkville called Prego Della Piazza (http://www.pregorestaurant.ca/). He also has business interest in hotel, real estate and fast-food industry.


Making the foundation strong by catching them young
 
Most recently, Aditya has undertaken an initiative working closely with
Non Resident Nepalese Association and Friends of Nepal and his Nepalese charitable organization Knowledge Nepal 2020 and provided 100 laptops & over 50 desktops to schools in Janakpur and Kathmandu in Nepal. 


Source:

http://www.adityajha.com/people/aditya_jha.html 





 
Posted on 02-04-19 2:22 PM     [Snapshot: 38340]     Reply [Subscribe]
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Why are all Billionaires and Millionaires aged 50, 55 and over?
 
Posted on 04-07-19 7:27 PM     [Snapshot: 39933]     Reply [Subscribe]
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Posted on 04-07-19 9:36 PM     [Snapshot: 40063]     Reply [Subscribe]
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There is a recent news out how mahoto and other nrnas has evaded taxes in Nepal. Their money belong to the poors of Nepal who are forced to eat 1 meal a day if they are lucky.
 
Posted on 04-07-19 10:21 PM     [Snapshot: 40110]     Reply [Subscribe]
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Not just poor people. All the millions and billions they accumulated abroad evading tax and paying so less to poor Nepalese workers should be returned back to Nepal. Nepal government should take this case to International Courts. Those dollars should be used for building infrastructures in Nepal like Roads, Airports, Hydropowers.
 


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