GCC insurers will also benefit from the expansion of compulsory insurance
business4 days ago
Vikram S Kirloskar, the Vice Chairman of Toyota Kirloskar Motor passed away on Tuesday at the age of 64, as per an ANI report.
"We are extremely saddened to inform the untimely demise of Mr Vikram S Kirloskar, Vice Chairman, Toyota Kirloskar Motor on 29th November 2022," a company statement informed about the demise.
"At this time of grief, we request everyone to pray that his soul rests in peace. We extend our deepest sympathies to his family and friends. Last respects can be paid at Hebbal Crematorium, Bengaluru, on 30th November 2022 at 1pm," the statement added.
Reuters could not immediately verify the cause of death, but the Mint newspaper said Kirloskar, a big name in India's automotive industry, suffered a heart attack.
Vikram S Kirloskar was a fourth-generation member of the Kirloskar Group, which started in 1888, and manufactures pumps, engines, compressors and related products.
He was the President of the industry body Confederation of Indian Industry (CII) during 2019-20.
ALSO READ:
GCC insurers will also benefit from the expansion of compulsory insurance
business4 days ago
Addressing the affordability challenge faced by providers is paramount in combating financial exclusion
business4 days ago
DIFC has helped position Dubai as the top city in the Middle East, Africa and South Asia region
business4 days ago
The Abu Dhabi-based bank continues to maintain strong liquidity and robust operational efficiencies
business4 days ago
DP World has been actively expanding its footprint across the region
business5 days ago
Nation allocated Dh200 billion to investments in clean energy projects locally until 2030
business5 days ago
In the past, several ‘post box’ entities operated out of Mauritius only to secure the tax benefit in India
business5 days ago
77% wouldn’t engage with a brand using AI, for at least some services
business5 days ago