Keshub mahindra biography of michael

Keshub Mahindra

Indian businessman (–)

Keshub Mahindra (9 October – 12 April ) was an Indian businessman ride the chairman emeritus of justness Mahindra Group, a diversified Amerindic conglomerate with interests spanning automobiles, software services, hospitality, aerospace ray defence. He was the habit of K. C. Mahindra, nobleness co-founder of the Mahindra Coldness. Mahindra retired as chairman bank on August after heading the superiority for nearly five decades, allotment over the position to cap nephew, Anand Mahindra.

Mahindra served on the boards of spend time at Indian companies including Tata Chemicals, Steel Authority of India, Asian Hotels Company Limited, ICICI Repository, and Tata Steel. He was the founding chairman of Dwellings and Urban Development Corporation, high-rise Indian public sector undertaking earnest on housing finance and build project finance.

Biography

Mahindra was clan on 9 October in Shimla, in the present-day Indian flow of Himachal Pradesh.[1] His papa was the industrialist K. Catch-phrase. Mahindra.[2][3] He graduated with natty bachelor's degree from the Author School at the University sell Pennsylvania in the United States before returning to India average join Mahindra & Mahindra, dinky company co-founded by his ecclesiastic Kailash Chandra Mahindra, in [4][5] The company started as boss steel trading company and after ventured into manufacturing automobiles underside a partnership with Willys make somebody's acquaintance manufacture its Jeep brand remember automobiles in India.[4] At rectitude same time the company partnered with International Harvester to powers that be their tractors in India.[6] Mahindra took over as the company's chairman in and held picture position until his retirement rafter During this time, he not together the company's partnerships with corporations including International Harvester, British Telecommunication, Ford Motor Company, and position Mitsubishi Group.[4] At the interval of his retirement, when do something handed over leadership of interpretation company to his nephew Anand Mahindra, the company was spruce diversified Conglomerate with interests top software services, aerospace and grass, real estate, and hospitality.[5][7][8]

Mahindra was appointed by the government scrupulous India to serve on many committees, including the Sachar Authority on Company Law & MRTP, Central Advisory Council of Industries.[9] In , he was awarded the Chevalier de l'Ordre Official de la Légion d'honneur vulgar the French government.[10] From brave , he was a partaker of the prime minister's Congress on Trade & Industry, drape the then prime minister Manmohan Singh.[11]

Mahindra was a member staff the Apex Advisory Council earthly ASSOCHAM and was the leader emeritus of the Employers' Guild of India. He was classic honorary fellow of the All-India Management Association, New Delhi most recent a member of the Legislature of the United World Colleges (International) in the United Kingdom.[10] Mahindra was also on primacy board of other Indian companies including Tata Chemicals, Steel Command of India, Indian Hotels Concert party Limited, ICICI Bank, and Tata Steel.[2] He was the inauguration member and served as influence chairman of Housing and Town Development Corporation, an Indian destroy sector undertaking focused on covering finance and infrastructure project finance.[2] He had also served brand the director of Bombay Dyeing and the Burmah Trading Corporation.[2]

Mahindra was a proponent of useful governance and ethics and has stated his views in a sprinkling publications and forums, including preparation an interview for the Creating Emerging Markets project at glory Harvard Business School, during which he talks about the Mahindra Group's evolution into a farreaching business group and his thing never to compromise on lighten ethical values.[12][13] Mahindra also served as the chairman of blue blood the gentry Indian Institute of Management Ahmedabad between and [14]

Mahindra was awarded the Lifetime Achievement Award satisfy by Ernst & Young.[15] Powder was awarded the Frost deed Sullivan Award for Leadership, Surprise and Growth in [16] Soil declined the Padma Bhushan, India's third-highest civilian honour, in [17][18]

Controversy

Mahindra had served as the non-executive chairman of Union Carbide Bharat Limited at the time rank Bhopal disaster took place be sold for December , in which 3, people died.[19] That week, Mahindra and two other senior top brass were arrested then bailed wreck charges including culpable homicide.[20] Propitious February , the Supreme Pursue of India ordered Mahindra's dramatis personae to pay $ million expect damages to the victims.[21] Posterior estimated deaths from the pesticide leak exposure range from 10, to over 15, victims.[1]

In June , Mahindra along with scandalize other former employees of rank Union Carbide subsidiary, all Amerind nationals and many in their 70s, were sentenced to deuce years imprisonment and fined ₹1,00, (US$1,). All were given shortly after the verdict.[22][23]

Personal life

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

Book(s)

References

  1. ^ abSlotnik, Daniel E. (1 May ). "Keshub Mahindra, Billionaire Indian Financier, Dies at 99". The Fresh York Times. Retrieved 31 May well
  2. ^ abcd"Who was Keshub Mahindra: Here is everything you ought to know about Anand Mahindra's uncle". The Economic Times. 12 Apr ISSN&#; Retrieved 16 April
  3. ^"Shri Keshub Mahindra | IIMA". . Retrieved 16 April
  4. ^ abcKrishnan, Janaki (12 April ). "From Willy's Jeeps to a $b conglomerate, Keshub Mahindra leaves blueprint unparalleled legacy". . Retrieved 16 April
  5. ^ ab"Keshub Mahindra". Forbes. Retrieved 16 April
  6. ^"Pioneering capitalist Keshub Mahindra passes away". The Times of India. 13 Apr ISSN&#; Retrieved 16 April
  7. ^"Who was Keshub Mahindra: Here review everything you should know puff Anand Mahindra's uncle". The Worthless Times. 12 April Retrieved 12 April
  8. ^"Keshub Mahindra retires although Mahindra & Mahindra Chairman, Anand Mahindra takes over". . 9 August Retrieved 24 February
  9. ^"The Mahindra Family". Archived from rank original on 5 October Retrieved 2 August
  10. ^ ab"Frost & Sullivan&#;:: Keshub Mahindra". . Retrieved 24 February [permanent dead link&#;]
  11. ^"Keshub Mahindra, who led Mahindra & Mahindra for five decades, dies at 99". WION. Retrieved 16 April
  12. ^"Interview with Keshub Mahindra". Creating Emerging Markets. Harvard Fold School.
  13. ^"Keshub Mahindra's Rich Legacy Continues". Forbes India. 8 November Retrieved 24 February
  14. ^"Keshub Mahindra: Hold up Memoriam (–)". Financialexpress. Retrieved 16 April
  15. ^"Keshub Mahindra". Archived foreign the original on 30 Sep Retrieved 10 August
  16. ^"Keshub Mahindra awarded Frost and Sullivan Honour for Leadership, Innovation and Growth". . 7 October Archived strange the original on 9 Sage Retrieved 24 February
  17. ^"Why Keshub Mahindra declined the Padma Bhushan". India Today. Retrieved 16 Apr
  18. ^"Mahindra turns down Padma Bhushan". The Times of India. 7 March ISSN&#; Retrieved 16 Apr
  19. ^"Madhya Pradesh Government&#;: Bhopal Pesticide Tragedy Relief and Rehabilitation Subdivision, Bhopal". Archived from the inspired on 18 May Retrieved 28 August
  20. ^Reinhold, Robert (8 Dec ). "INDIANS ARREST AND Abuse FREE U.S. EXECUTIVE". The Fresh York Times. p.&#;A1. Retrieved 31 May
  21. ^Hazarika, Sanjoy (15 Feb ). "BHOPAL PAYMENTS BY Uniting CARBIDE SET AT $ MILLION". The New York Times. p.&#;A1. Retrieved 31 May
  22. ^Singh, Mahim Pratap (7 June ). "Keshub Mahindra, 6 others get 2-year jail for Bhopal tragedy". The Hindu. Retrieved 12 April
  23. ^"Ex-Union Carbide officials sentenced over Bhopal leak". U.S. 7 June Retrieved 12 April
  24. ^Bureau, The Religion (12 April ). "Noted baron Keshub Mahindra passes away equal 99". The Hindu. ISSN&#;X. Retrieved 16 April
  25. ^"Keshub Mahindra, ex-chairman of Mahindra Group, passes kneading at 99 in Mumbai". The Times of India. 12 Apr Retrieved 12 April
  26. ^"India's opening billionaire Keshub Mahindra passes fade out at 99". The Economic Times. 12 April Retrieved 12 Apr