Ajit Balakrishna | |
---|---|
Born | 22 July 1948 |
Citizenship | India |
Alma mater | IIM Calcutta University of Kerala |
Occupation | Chairman & CEO of Rediff.com |
Ajit Balakrishnan is an Indian entrepreneur, business executive and administrator. [1] He is the founder, current chairman and chief executive officer of Rediff.com, an internet company based in Mumbai. [2] [3] He was chairman of the Board of Governors of Indian Institute of Management Calcutta (IIM Calcutta) for two five-year terms ending in March 2017. [4]
Balakrishnan holds a Bachelor of Science from the University of Kerala and a Post Graduate Diploma in Management with Master in Business studies (MBA) from Indian Institute of Management Calcutta (1971). [5]
Balakrishnan's first business was Rediffusion, now known as Rediffusion DY&R (Dentsu Young & Rubicam), which he co-founded when he was 22. In 1995, he founded Rediff.com, which became a highly successful internet site, and was listed on NASDAQ in 2001. [6]
He writes a column in Business Standard [7] and has written a book published by Macmillan Publishers [8] called The Wave Rider. [9] He has co-authored a research paper, Generic Framework for a Recommendation System using Collective Intelligence, [10] with Alkesh Patel which was presented at the International Conference on Internet Technology and Secured Transactions, 2009.
Balakrishnan served as the Chairman of the Board of Governors of IIM Calcutta for two five-year terms ending in March 2017. [11] He has in the past served on the Governing Council of Centre for Development of Advanced Computing (CDAC). [12] [13] He was named Chairman Emeritus of the Internet and Mobile Association of India (IAMAI). [14] He served as the chairman of the Govt of India, Ministry of Information Technology Working Group on Internet Governance and Proliferation. He chaired a committee appointed by India's Ministry of Human Resource Development on 'Research and Faculty Enhancement at the 7 IIMs'. He was a member of the Central Advisory Board of Education of the Government of India. [15]
The Indian Institutes of Management (IIMs) are Centrally Funded Business Schools for management offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administration. The establishment of IIMs was initiated by Jawaharlal Nehru, the first prime minister of India, based on the recommendation of the Planning Commission of India.
Rediff.com, stylized as rediff.com, is an Indian news, information, entertainment, and shopping website. Founded by Ajit Balakrishnan in 1996, it was the first Indian website to become a mainstream news media organization. Rediff.com is headquartered in Mumbai with offices in Bangalore, New Delhi, and New York City.
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Indian Institute of Management Calcutta is a public business school located in Joka, Kolkata, West Bengal, India. It was the first Indian Institute of Management to be established, and has been recognized as an Institute of National Importance by the Government of India in 2017. Programmes offered by IIM Calcutta include a two-year full-time MBA, a one-year full-time Post Graduate Diploma (PGPEX-VLM), a one-year full-time MBA for experienced executives (MBAEx), Doctor of Business Administration programme, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time programme in Healthcare Management. IIM Calcutta is one of only three triple accredited business schools in India, and the first to get the recognition. It is also the only business school in India which is a part of the CEMS Global Alliance in Management Education.
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