Mahindra and Mahindra
Mr. Manoj Bhat (Group Chief Financial Officer)
Mr. Narayan Shankar (Sr. VP, Compliance Officer & Company Sec.)
Summary
Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Hospitality, Real Estate, and Others segments. It offers parts and assemblies for aerospace and defense sectors; passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. The company also provides land and naval systems, defense electronics, and security consulting services for defense industry; pre-owned car and car services; and farm equipment. In addition, it operates M2All, an e-commerce platform for various portfolio of products; approximately 100 resorts; and solar PV projects. Further, the company offers financial services comprising retail and other loans, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; logistics services; information security and risk management, engineering consulting, and business process management consulting services; information technology services; and power backup solutions, such as diesel and gas generators. Additionally, it engages in the development, management, and operation of commercial complexes; sale of timeshare and vacation ownership; and making, processing, and trading of steel for automotive, non-automotive, and power industries. The company was incorporated in 1945 and is based in Mumbai, India.
History
al Mahindra is an Indian billionaire businessman, and the chairman of Mahindra Group, a Mumbai-based business conglomerate. The group operates in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate and retail. Mahindra is the grandson of Jagdish Chandra Mahindra, co-founder of Mahindra & Mahindra.
As of January 2020, his net worth is estimated to be $1.6 billion. He is an alumnus of Harvard University and Harvard Business School. In 1996, he established Nanhi Kali, a non-government organisation that supports education for underprivileged girls in India.He is included by Fortune Magazine among the 'World's 50 Greatest Leaders'. and was in the magazine's 2011 listing of Asia's 25 most powerful businesspeople. Anand was noted by Forbes as their 'Entrepreneur of the Year' for 2013. He was given the Padma Bhushan Award, the third Highest civilian award in India, in January 2020.
Anand Mahindra was born on 1 May 1955 in Bombay, India to the late industrialist Harish Mahindra and Indira Mahindra. Anand has two sisters; Anuja Sharma and Radhika Nath. He completed his early schooling from Lawrence School, Lovedale and then went on to study film making and architecture from Harvard University where he graduated magna cum laude in 1977. In 1981, he completed his MBA from the Harvard Business School
In 1981, Anand joined Mahindra Ugine Steel Company Ltd as an Executive Assistant to the Finance Director.In 1989 he was appointed as President and Deputy Managing Director of the MUSCO. he initiated the Mahindra Group's diversification into the new business areas of real estate development and hospitality management.On 4 April 1991, he took the role of Deputy Managing Director of Mahindra & Mahindra Ltd., a producer of off-road vehicles and agricultural tractors in India.
In April 1997, Anand was appointed as the Managing Director and then in 2001 as the Vice Chairman of Mahindra & Mahindra Ltd.In August 2012, he took on the role of Chairman of the board and Managing Director of the Mahindra Group from his uncle, Keshub Mahindra.In November 2016, Anand was re-designated as Executive Chairman of Mahindra & Mahindra Ltd and continued to be the Chairman of Mahindra Group.Anand was a co-promoter of Kotak Mahindra Bank In 2013, he ceased to be a promoter and stayed on as a non-executive director.Today, the Mahindra Group is a US$19 billion organisation, and one of India's top 10 industrial houses.Anand Mahindra has been tagged as the face of Indian capitalism by The Economist. Forbes India Magazine has recognised him as their 'Entrepreneur of the Year' for the year 2013.
In April 2014, Anand became a member of the board of U.S.–India Business Council . He helps promote the policy advocacy priorities of USIBC and advises members and senior USIBC staff.In 2011, Anand was invited to join the International Advisory Council of Singapore's Economic Development Board.He is the Chairman of the India Advisory Council at the Lincoln Center, New York. In January 2015, he was appointed on a four-year team as a Trustee of the Natural History Museum of London.An avid advocate of using 'design for human happiness', Anand is the chairman, Governing Council National Institute of Design and President, India Design Council.In 2014, Anand Mahindra with his brother-in-law and sports commentator, Charu Sharma, launched Pro Kabaddi League, a professional-level kabaddi league in India.Anand, along with Mukesh Ambani and Mahesh Samat, was the co-founder EPIC, an Indian television channel in 2014 that showcases Hindi content. In 2016, he became the sole owner after both the co-founders sold their stakes to Mahindra.Anand was featured in Fortune Magazine's list of The World's 50 Greatest Leaders in 2014 and in the list of the top 25 most powerful business people in Asia in 2011. He was the World Economic Forum co-chairman in 2009. He was one of the contributors for the book 'Reimagining India' published by Mckinsey & Company. In 2003, he was elected as the president of the Confederation of Indian Industry.
Knight of the Order of Merit’ by the President of the French Republic – 2004
‘Social Media Person of the Year’ by the Internet and Mobile Association of India - 2016
Anand married Anuradha, who was a journalist and later launched the magazine, Verve. She is currently the editor of magazines Verve and Man's World. They have two daughters, Divya and Aalika.Anand has a keen interest in film making, a subject he pursued as an undergraduate at Harvard. He is a keen photographer with a strong interest in films. He also enjoys listening to the blues and has set up Mahindra Blues Festival held annually in Mumbai since 2011.Anand promotes arts & culture and has set up an awards platform named Mahindra Excellence in Theater Awards and the Mahindra Sanatkada Lucknow Festival, a crafts exhibition and performing arts event held annually in Lucknow.
Anand is an advocate of the study of humanities as he believes it can help address various problems in the world that arise due to interdependency. He donated $10 million to support the Harvard Humanities Center. In recognition of this donation, the center was renamed to Mahindra Humanities Center at Harvard.He is the founder of project Nanhi Kali which aims to provide primary education to underprivileged girls in India. As of September 2017, the project has supported 130,000 underprivileged girls.Anand is also the chairman-for-life and one of the board of directors of Naandi Foundation, an Indian charitable trust that works towards the socio-economic development of India.
Mission
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4 billion company with 107,200+ professionals across 90 countries, helping over 818 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2015 List.
Vision
Educated, skilled and able women and men are a country s true strength. We aspire to see children who are purposefully engaged, youth that is constructively employed and a society that provides equal opportunities to people with different abilities. Through its corporate social responsibility initiatives, the Mahindra Group commits itself to this . The key focus areas for Corporate Social Responsibility at Tech Mahindra Foundation are: Empowerment of girls/women Empowerment of people with disabilities Corporate volunteering
Key Team
Mr. Rajesh Ganesh Jejurikar (Additional Director & Exec. Director of Automotive and Farm Sectors)
Mr. Vinod Sahay (Pres & Chief Purchase Officer)
Mr. Ramesh Ganesh Iyer (VC & MD of Mahindra & Mahindra Finan Servs, Pres of Financial Services Sector and GEB Mem.)
Mr. Ruzbeh Irani (Pres of Group HR & Member of the Group Exec. Board)
Mr. Shriprakash P. Shukla (Chairman of Defense, Aerospace, Steel & Agri. Sector and Member of Grp. Exe Board)
Mr. Ashok Sharma (Pres of Agri. Sector, MD, CEO of Mahindra Agri Solutions Ltd & Member of the Group Exe. Board)
Mr. Kavinder Singh (MD of Mahindra Holidays & Resorts Ind Ltd., Pres of Leisure & Hospitality Sec and GEB Member)
References
https://en.wikipedia.org/wiki/Mahindra_%26_Mahindra
https://www.crunchbase.com/organization/mahindra-mahindra-2ced
https://sec.report/CIK/0001029725
https://finance.yahoo.com/quote/M&M.NS/
https://www.comparably.com/companies/tech-mahindra-americas-inc/mission
https://companiesmarketcap.com/largest-companies-by-revenue/
Mr. Manoj Bhat (Group Chief Financial Officer)
Mr. Narayan Shankar (Sr. VP, Compliance Officer & Company Sec.)