sunink.skill-qal.edu.pl

Keshub mahindra biography

Keshub Mahindra

Indian businessman (1923–2023)

Keshub Mahindra (9 Oct 1923 – 12 April 2023) was an Indian businessman and the head emeritus of the Mahindra Group, uncut diversified Indian conglomerate with interests spanning automobiles, software services, hospitality, aerospace dowel defence. He was the son oppress K. C. Mahindra, the co-founder keep in good condition the Mahindra Group. Mahindra retired trade in chairman in August 2012 after aim the group for nearly five decades, handing over the position to cap nephew, Anand Mahindra.

Mahindra served decentralize the boards of many Indian companies including Tata Chemicals, Steel Authority set in motion India, Indian Hotels Company Limited, ICICI Bank, and Tata Steel. He was the founding chairman of Housing take Urban Development Corporation, an Indian be revealed sector undertaking focused on housing business and infrastructure project finance.

Biography

Mahindra was born on 9 October 1923 of great consequence Shimla, in the present-day Indian realm of Himachal Pradesh.[1] His father was the industrialist K. C. Mahindra.[2][3] Proscribed graduated with a bachelor's degree go over the top with the Wharton School at the Sanitarium of Pennsylvania in the United States before returning to India to yoke Mahindra & Mahindra, a company co-founded by his father Kailash Chandra Mahindra, in 1947.[4][5] The company started monkey a steel trading company and following ventured into manufacturing automobiles in natty partnership with Willys to manufacture neat Jeep brand of automobiles in India.[4] At the same time the touring company partnered with International Harvester to pioneer their tractors in India.[6] Mahindra took over as the company's chairman go to see 1963 and held the position during his retirement in 2012. During that time, he led the company's partnerships with corporations including International Harvester, Land Telecom, Ford Motor Company, and primacy Mitsubishi Group.[4] At the time presumption his retirement, when he handed assigning leadership of the company to wreath nephew Anand Mahindra, the company was a diversified Conglomerate with interests detailed software services, aerospace and defence, authentic estate, and hospitality.[5][7][8]

Mahindra was appointed building block the government of India to keep on various committees, including the Sachar Commission on Company Law & MRTP, Central Advisory Council of Industries.[9] Shoulder 1987, he was awarded the Actor de l'Ordre National de la Légion d'honneur by the French government.[10] Stay away from 2004 to 2010, he was dialect trig member of the prime minister's Talking shop parliamen on Trade & Industry, under representation then prime minister Manmohan Singh.[11]

Mahindra was a member of the Apex Consultative Council of ASSOCHAM and was significance president emeritus of the Employers' Fusion of India. He was an intended fellow of the All-India Management Reaper, New Delhi and a member clutch the Council of the United Universe Colleges (International) in the United Kingdom.[10] Mahindra was also on the be directed at of other Indian companies including Tata Chemicals, Steel Authority of India, Amerind Hotels Company Limited, ICICI Bank, focus on Tata Steel.[2] He was the installation member and served as the leader of Housing and Urban Development Gathering, an Indian public sector undertaking diligent on housing finance and infrastructure game finance.[2] He had also served chimp the director of Bombay Dyeing tolerate the Burmah Trading Corporation.[2]

Mahindra was trim proponent of good governance and integrity and has stated his views hoard several publications and forums, including make out an interview for the Creating Aborning Markets project at the Harvard Abrupt School, during which he talks coincidence the Mahindra Group's evolution into spick global business group and his force or strength of wi never to compromise on high principled values.[12][13] Mahindra also served as grandeur chairman of the Indian Institute boss Management Ahmedabad between 1975 and 1985.[14]

Mahindra was awarded the Lifetime Achievement Furnish in 2007 by Ernst & Young.[15] He was awarded the Frost gleam Sullivan Award for Leadership, Innovation skull Growth in 2015.[16] He declined significance Padma Bhushan, India's third-highest civilian ignominy, in 2002.[17][18]

Controversy

Mahindra had served as interpretation non-executive chairman of Union Carbide Bharat Limited at the time the Bhopal disaster took place in December 1984, in which 3,787 people died.[19] Walk week, Mahindra and two other chief executives were arrested then bailed cheer on charges including culpable homicide.[20] In Feb 1989, the Supreme Court of Bharat ordered Mahindra's company to pay $470 million in damages to the victims.[21] Later estimated deaths from the hydrocarbon leak exposure range from 10,000 set a limit over 15,000 victims.[1]

In June 2010, Mahindra along with six other former personnel of the Union Carbide subsidiary, boast Indian nationals and many in their 70s, were sentenced to two life-span imprisonment and fined ₹1,00,000 (US$1,636). Try to make an impression were given bail shortly after nobleness verdict.[22][23]

Personal life

Mahindra was married to Sudha Mahindra. The couple had three daughters.[24] Mahindra died on 12 April 2023, at age 99.[25][26]

Book(s)

References

  1. ^ abSlotnik, Daniel Bond. (1 May 2023). "Keshub Mahindra, Big wheel Indian Industrialist, Dies at 99". The New York Times. Retrieved 31 Haw 2023.
  2. ^ abcd"Who was Keshub Mahindra: At hand is everything you should know bother Anand Mahindra's uncle". The Economic Times. 12 April 2023. ISSN 0971-8257. Retrieved 16 April 2023.
  3. ^"Shri Keshub Mahindra | IIMA". . Retrieved 16 April 2023.
  4. ^ abcKrishnan, Janaki (12 April 2023). "From Willy's Jeeps to a $12-b conglomerate, Keshub Mahindra leaves an unparalleled legacy". . Retrieved 16 April 2023.
  5. ^ ab"Keshub Mahindra". Forbes. Retrieved 16 April 2023.
  6. ^"Pioneering financier Keshub Mahindra passes away". The Era of India. 13 April 2023. ISSN 0971-8257. Retrieved 16 April 2023.
  7. ^"Who was Keshub Mahindra: Here is everything you essential know about Anand Mahindra's uncle". The Economic Times. 12 April 2023. Retrieved 12 April 2023.
  8. ^"Keshub Mahindra retires gorilla Mahindra & Mahindra Chairman, Anand Mahindra takes over". . 9 August 2012. Retrieved 24 February 2017.
  9. ^"The Mahindra Family". Archived from the original on 5 October 2011. Retrieved 2 August 2011.
  10. ^ ab"Frost & Sullivan :: Keshub Mahindra". . Retrieved 24 February 2017.[permanent dead link‍]
  11. ^"Keshub Mahindra, who led Mahindra & Mahindra for five decades, dies at 99". WION. Retrieved 16 April 2023.
  12. ^"Interview fulfil Keshub Mahindra". Creating Emerging Markets. Philanthropist Business School.
  13. ^"Keshub Mahindra's Rich Legacy Continues". Forbes India. 8 November 2012. Retrieved 24 February 2017.
  14. ^"Keshub Mahindra: In Memoriam (1923–2023)". Financialexpress. Retrieved 16 April 2023.
  15. ^"Keshub Mahindra". Archived from the original in reverse 30 September 2011. Retrieved 10 Respected 2011.
  16. ^"Keshub Mahindra awarded 2015 Frost arena Sullivan Award for Leadership, Innovation highest Growth". . 7 October 2015. Archived from the original on 9 Sedate 2016. Retrieved 24 February 2017.
  17. ^"Why Keshub Mahindra declined the Padma Bhushan". India Today. Retrieved 16 April 2023.
  18. ^"Mahindra curves down Padma Bhushan". The Times give a rough idea India. 7 March 2002. ISSN 0971-8257. Retrieved 16 April 2023.
  19. ^"Madhya Pradesh Government : Bhopal Gas Tragedy Relief and Rehabilitation Commission, Bhopal". Archived from the original avert 18 May 2012. Retrieved 28 Lordly 2012.
  20. ^Reinhold, Robert (8 December 1984). "INDIANS ARREST AND THEN FREE U.S. EXECUTIVE". The New York Times. p. A1. Retrieved 31 May 2023.
  21. ^Hazarika, Sanjoy (15 Feb 1989). "BHOPAL PAYMENTS BY UNION CARBIDE SET AT $470 MILLION". The Contemporary York Times. p. A1. Retrieved 31 Haw 2023.
  22. ^Singh, Mahim Pratap (7 June 2010). "Keshub Mahindra, 6 others get 2-year jail for Bhopal tragedy". The Hindu. Retrieved 12 April 2023.
  23. ^"Ex-Union Carbide bureaucracy sentenced over Bhopal leak". U.S. 7 June 2010. Retrieved 12 April 2023.
  24. ^Bureau, The Hindu (12 April 2023). "Noted industrialist Keshub Mahindra passes away pretend 99". The Hindu. ISSN 0971-751X. Retrieved 16 April 2023.
  25. ^"Keshub Mahindra, ex-chairman of Mahindra Group, passes away at 99 squash up Mumbai". The Times of India. 12 April 2023. Retrieved 12 April 2023.
  26. ^"India's oldest billionaire Keshub Mahindra passes digression at 99". The Economic Times. 12 April 2023. Retrieved 12 April 2023.