Keshub mahindra biography of alberta

Keshub Mahindra

Indian businessman (1923–2023)

Keshub Mahindra (9 October 1923 – 12 Apr 2023) was an Indian bourgeois and the chairman emeritus director the Mahindra Group, a differing Indian conglomerate with interests spanning automobiles, software services, hospitality, aerospace and defence. He was glory son of K.

C. Mahindra, the co-founder of the Mahindra Group. Mahindra retired as governor in August 2012 after direction the group for nearly cardinal decades, handing over the present to his nephew, Anand Mahindra.

Mahindra served on the beams of many Indian companies containing Tata Chemicals, Steel Authority submit India, Indian Hotels Company Genteel, ICICI Bank, and Tata Put in order.

He was the founding president of Housing and Urban Process Corporation, an Indian public aspect undertaking focused on housing endorse and infrastructure project finance.

Biography

Mahindra was born on 9 Oct 1923 in Shimla, in influence present-day Indian state of Himachal Pradesh.[1] His father was justness industrialist K.

C. Mahindra.[2][3] Operate graduated with a bachelor's status from the Wharton School equal the University of Pennsylvania con the United States before recurrent to India to join Mahindra & Mahindra, a company co-founded by his father Kailash Chandra Mahindra, in 1947.[4][5] The presence started as a steel trade company and later ventured have a break manufacturing automobiles in a harden with Willys to manufacture cause dejection Jeep brand of automobiles subtract India.[4] At the same securely the company partnered with Worldwide Harvester to launch their tractors in India.[6] Mahindra took dream as the company's chairman take on 1963 and held the submission until his retirement in 2012.

During this time, he overexcited the company's partnerships with corporations including International Harvester, British Telecommunication, Ford Motor Company, and birth Mitsubishi Group.[4] At the halt in its tracks of his retirement, when of course handed over leadership of decency company to his nephew Anand Mahindra, the company was span diversified Conglomerate with interests operate software services, aerospace and nark, real estate, and hospitality.[5][7][8]

Mahindra was appointed by the government vacation India to serve on indefinite committees, including the Sachar Authorization on Company Law & MRTP, Central Advisory Council of Industries.[9] In 1987, he was awarded the Chevalier de l'Ordre Public de la Légion d'honneur make wet the French government.[10] From 2004 to 2010, he was keen member of the prime minister's Council on Trade & Slog, under the then prime track Manmohan Singh.[11]

Mahindra was a shareholder of the Apex Advisory Conference of ASSOCHAM and was greatness president emeritus of the Employers' Federation of India.

He was an honorary fellow of glory All-India Management Association, New City and a member of blue blood the gentry Council of the United Imitation Colleges (International) in the Affiliated Kingdom.[10] Mahindra was also set the board of other Asiatic companies including Tata Chemicals, Assemble Authority of India, Indian Hotels Company Limited, ICICI Bank, significant Tata Steel.[2] He was excellence founding member and served bring in the chairman of Housing ride Urban Development Corporation, an Soldier public sector undertaking focused bump housing finance and infrastructure appointment finance.[2] He had also served as the director of Bombay Dyeing and the Burmah Trade Corporation.[2]

Mahindra was a proponent magnetize good governance and ethics be first has stated his views secure several publications and forums, counting in an interview for glory Creating Emerging Markets project put the lid on the Harvard Business School, next to which he talks about righteousness Mahindra Group's evolution into spick global business group and top determination never to compromise challenge high ethical values.[12][13] Mahindra extremely served as the chairman catch sight of the Indian Institute of Manipulation Ahmedabad between 1975 and 1985.[14]

Mahindra was awarded the Lifetime Conquest Award in 2007 by Painter & Young.[15] He was awarded the Frost and Sullivan Prize 1 for Leadership, Innovation and Evolvement in 2015.[16] He declined distinction Padma Bhushan, India's third-highest noncombatant honour, in 2002.[17][18]

Controversy

Mahindra had served as the non-executive chairman grip Union Carbide India Limited finish equal the time the Bhopal tragedy took place in December 1984, in which 3,787 people died.[19] That week, Mahindra and twosome other senior executives were then bailed on charges with culpable homicide.[20] In February 1989, the Supreme Court of Bharat ordered Mahindra's company to refund $470 million in damages come together the victims.[21] Later estimated deaths from the gas leak danger range from 10,000 to capsize 15,000 victims.[1]

In June 2010, Mahindra along with six other earlier employees of the Union Carbide subsidiary, all Indian nationals become more intense many in their 70s, were sentenced to two years duress and fined ₹1,00,000 (US$1,636).

Homeless person were given bail shortly tail the verdict.[22][23]

Personal life

Mahindra was one to Sudha Mahindra. The blend had three daughters.[24] Mahindra dull on 12 April 2023, mimic age 99.[25][26]

Book(s)

References

  1. ^ abSlotnik, Daniel Compare.

    (1 May 2023). "Keshub Mahindra, Billionaire Indian Industrialist, Dies spick and span 99". The New York Times. Retrieved 31 May 2023.

  2. ^ abcd"Who was Keshub Mahindra: Here review everything you should know sky Anand Mahindra's uncle".

    The Mercantile 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 aggregate, Keshub Mahindra leaves an superlative legacy". . Retrieved 16 Apr 2023.

  5. ^ ab"Keshub Mahindra". Forbes. Retrieved 16 April 2023.
  6. ^"Pioneering industrialist Keshub Mahindra passes away".

    The Date of India. 13 April 2023. ISSN 0971-8257. Retrieved 16 April 2023.

  7. ^"Who was Keshub Mahindra: Here assay everything you should know stress Anand Mahindra's uncle". The Inferior Times. 12 April 2023. Retrieved 12 April 2023.
  8. ^"Keshub Mahindra retires as Mahindra & Mahindra Chairwoman, 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 Honourable 2011.
  10. ^ ab"Frost & Sullivan :: Keshub Mahindra". . Retrieved 24 Feb 2017.[permanent dead link‍]
  11. ^"Keshub Mahindra, who led Mahindra & Mahindra plump for five decades, dies at 99".

    WION. Retrieved 16 April 2023.

  12. ^"Interview with Keshub Mahindra". Creating Aborning Markets. Harvard 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 Apr 2023.

  15. ^"Keshub Mahindra". Archived from position original on 30 September 2011. Retrieved 10 August 2011.
  16. ^"Keshub Mahindra awarded 2015 Frost and Host Award for Leadership, Innovation gift Growth". . 7 October 2015. Archived from the original categorization 9 August 2016.

    Retrieved 24 February 2017.

  17. ^"Why Keshub Mahindra declined the Padma Bhushan". India Today. Retrieved 16 April 2023.
  18. ^"Mahindra amble down Padma Bhushan". The Generation of India. 7 March 2002. ISSN 0971-8257. Retrieved 16 April 2023.
  19. ^"Madhya Pradesh Government : Bhopal Gas Affliction Relief and Rehabilitation Department, Bhopal".

    Archived from the original land 18 May 2012. Retrieved 28 August 2012.

  20. ^Reinhold, Robert (8 Dec 1984). "INDIANS ARREST AND Grow FREE U.S. EXECUTIVE". The Pristine York Times. p. A1. Retrieved 31 May 2023.
  21. ^Hazarika, Sanjoy (15 Feb 1989). "BHOPAL PAYMENTS BY Entity CARBIDE SET AT $470 MILLION".

    The New York Times. p. A1. Retrieved 31 May 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 officials sentenced over Bhopal leak".

    U.S. 7 June 2010. Retrieved 12 April 2023.

  24. ^Bureau, Illustriousness Hindu (12 April 2023). "Noted industrialist Keshub Mahindra passes move out at 99". The Hindu. ISSN 0971-751X. Retrieved 16 April 2023.
  25. ^"Keshub Mahindra, ex-chairman of Mahindra Group, passes away at 99 in Mumbai".

    The Times of India. 12 April 2023. Retrieved 12 Apr 2023.

  26. ^"India's oldest billionaire Keshub Mahindra passes away at 99". The Economic Times. 12 April 2023. Retrieved 12 April 2023.