Keshub Mahindra
Encyclopedia
Keshub Mahindra is the Chairman of the Mahindra Group
, including Mahindra & Mahindra Limited
. As per Forbes
Mar 2011 rankings, Keshub Mahindra has networth of $615 Million and is ranked #82nd richest person in India. Keshub Mahindra is uncle of Anand Mahindra
. He handed charge to nephew Anand Mahindra
14 years ago in 1997.
, University of Pennsylvania
, USA. He joined Mahindra & Mahindra Limited
in 1947 and in 1963 he took over as Chairman. He is also a philanthropist
.
Keshub Mahindra has also been appointed by the Government of India
to serve on various committees, including the Sachar Commission on Company Law & MRTP, Central Advisory Council of Industries etc.
Philanthropy
).
In June 2010, seven former employees of the Union Carbide
subsidiary, all Indian nationals and many in their 70s, were convicted of causing death by negligence and each sentenced to two years imprisonment and fined Rs.1 lakh ($2,124). All were released on bail shortly after the verdict.
Mahindra Group
The Mahindra Group is an Indian multinational conglomerate company headquartered at Mahindra Towers in Mumbai, India, with operations in over 100 countries across the globe...
, including Mahindra & Mahindra Limited
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. The company was set up in 1945 in Ludhiana as Mahindra & Mohammed by brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed...
. As per Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
Mar 2011 rankings, Keshub Mahindra has networth of $615 Million and is ranked #82nd richest person in India. Keshub Mahindra is uncle of Anand Mahindra
Anand Mahindra
Anand Mahindra is the Vice Chairman and Managing Director of one of India’s largest enterprise, Mahindra & Mahindra. His grandfather KC Mahindra co-founded the company from his hometown Ludhiana, Punjab...
. He handed charge to nephew Anand Mahindra
Anand Mahindra
Anand Mahindra is the Vice Chairman and Managing Director of one of India’s largest enterprise, Mahindra & Mahindra. His grandfather KC Mahindra co-founded the company from his hometown Ludhiana, Punjab...
14 years ago in 1997.
Early life
Keshub Mahindra is a graduate from WhartonWharton
-Academic institutions:*Wharton School of the University of Pennsylvania*Wharton Center for Performing Arts, at Michigan State University-Places:*Wharton, Cheshire, England*Wharton, Cumbria, England*Wharton, New Jersey*Wharton, Ohio*Wharton, Texas...
, University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
, USA. He joined Mahindra & Mahindra Limited
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. The company was set up in 1945 in Ludhiana as Mahindra & Mohammed by brothers K.C. Mahindra and J.C. Mahindra and Malik Ghulam Mohammed...
in 1947 and in 1963 he took over as Chairman. He is also a philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...
.
Keshub Mahindra has also been appointed by the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...
to serve on various committees, including the Sachar Commission on Company Law & MRTP, Central Advisory Council of Industries etc.
Membership of organizations & committees
- Prime Minister’s Council on Trade & Industry
- Employers’ Federation of India (President Emeritus)
- Chairman of Centre for Research in Rural & Industrial Development Society
- President of the Bombay Chamber of Commerce & Industry (1966–67)
- President of the Indo-American Society (1991–92)
- Chairman, India Nominating Committee “Single Nation Programme” – Eisenhower Exchange Fellowships, USA (1998–2005).
PhilanthropyPhilanthropyPhilanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...
- Chairman: Mahindra Foundation.
- Vice President: National Society for Clean Cities.
- Director: Pratham (Indian education initiative, 2003–08).
Awards
- Businessman of the year, IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
(1989) by Business IndiaBusiness IndiaBusiness India is a fortnightly business news magazine founded by Ashok Hotchand Advani. It was founded in 1978 and is published out of Mumbai, India. , the magazine had a circulation of 88,100 copies....
. - RotaryRotary-Engineering and Machinery:* Rotary motion* Rotary engine, a type of internal combustion engine from the early 20th century* Rotary engine , other engines called "rotary"** Wankel engine* Rotary latch...
award for Vocational Excellence (1992). - Lifetime Achievement Award (2007) by Ernst & YoungErnst & YoungErnst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....
.
Controversy
Keshub Mahindra was amongst the convicted in the infamous Bhopal Gas Tragedy. He had served as the non-executive chairman of Union Carbide India Limited at the time the incident took place in 1984 in which 3,787 people died in Bhopal (as per Govt of Madhya PradeshMadhya Pradesh
Madhya Pradesh , often called the Heart of India, is a state in central India. Its capital is Bhopal and Indore is the largest city....
).
In June 2010, seven former employees of the Union Carbide
Union Carbide
Union Carbide Corporation is a wholly owned subsidiary of The Dow Chemical Company. It currently employs more than 2,400 people. Union Carbide primarily produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume...
subsidiary, all Indian nationals and many in their 70s, were convicted of causing death by negligence and each sentenced to two years imprisonment and fined Rs.1 lakh ($2,124). All were released on bail shortly after the verdict.