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Anand Mahindra
Chairman, Mahindra GroupBirth DetailsMay 1, 1955 | Mumbai, Maharashtra, India
NationalityIndian
LeagueBusiness Leader
EducationMBA, Harvard Business School, Harvard University
Net Worth$1.2 billion (as of May 27, 2020)
Anand Mahindra's assets:
Anand Mahindra’s Journey so far...
Before you go...
- Stake in Mahindra & Mahindra
- Stake in Kotak Mahindra Bank
Anand Mahindra’s Journey so far...
- Anand Gopal Mahindra completed his MBA from Harvard Business School in 1981, and joined the erstwhile Mahindra Ugine Steel Co (MUSCO) as an Executive Assistant to the Finance Director
- He was appointed as the MD of Mahindra & Mahindra Limited (M&M) in 1997, in 2012, he took up the role of Chairman of the Mahindra Group replacing his uncle Keshub Mahindra, who retired after 48 years in service.
- Under his leadership, the Mahindra Group has grown to a $20.7-billion conglomerate and has a presence in various sectors including aerospace, powerboats, automotive, agriculture, hospitality, finance, software and real estate
- Mahindra played an active role in the acquisition of some marque brands across the globe namely Ssangyong Motors, Peugeot Motorcycles, Gippsland Aeronautics, Aerostaff Australia, BSA, Jawa and Pininfarina S.p.A.
- In one of his biggest domestic acquisitions, he helped Tech Mahindra acquire Satyam Computers in 2009 after it was hit by an accounting scandal featuring founder B Ramalinga Raju. Tech Mahindra outbid Larsen & Toubro and WL Ross to acquire Satyam for about Rs 2900 crore.
- With over seven decades in operation, the Mahindra Group now consists of over 150 companies, is present in more than a hundred countries, and employs over 2,50,000 people.
- One of Mahindra's biggest interests is education and he has taken various initiatives on this front. He is a trustee of the K.C. Mahindra Education Trust which provides scholarships, grants and loans to disadvantaged students. In 1996, he Mahindra founded Nanhi Kali, a branch of the trust that provides education to over 3 lakh underprivileged girls in India. He also serves on the board of the Mahindra United World College of India.
Before you go...
- Anand Mahindra was awarded the Padma Bhushan, India's third-highest civilian award, in 2020
- In 2016, he was conferred with one of France's highest awards, 'Knight in the National Order of the Legion of Honour'.
- Right from his early days, Mahindra had interests in visual arts and photography, and filmmaking was one of his majors in college.
- He loves listening to Blues and every year the Mahindra Group organises the Mahindra Blues Festival, which is the largest of its kind in Asia.
- With over 7.5 million followers, Anand Mahindra is one of India Inc's most influential leaders on the social media platform Twitter
Last Updated: 15/02/2021
Anand Mahindra News
- 5 stock market myths in a raging bull market: Kotak EquitiesDespite the ongoing bullish trend on D-Street with frequent new highs, Kotak Institutional Equities has cautioned investors by debunking five prevalent market myths in a recent note. Among these myths are beliefs that Indian markets are currently trading at reasonable valuations and that robust GDP growth guarantees high returns.
- 'Mirzapur 3' release update: Everything you need to know; special cameo, cast, plot'Mirzapur 3', the highly anticipated crime-thriller web series, is set to return on July 5th on Amazon Prime Video. The series continues its intense narrative of power struggles and revenge in the lawless town of Mirzapur, Uttar Pradesh. Led by actors like Pankaj Tripathi and Ali Fazal, the new season promises gripping twists as Guddu Pandit asserts his dominance amidst shifting alliances and the return of formidable adversaries.
- View: Adani will rejoice as Hindenburg case inquiry now turns to Kotak"Now that the SEBI inquiry has gone in the wrong direction, and Hindenburg has dared the watchdog by bringing up Kotak’s name, Adani can go in search of new infrastructure deals — from transport and energy to data centers and building materials. I’m pretty sure he won’t be asking Kotak Mahindra to pony up money."
- Meet 10-year-old Indian guitarist Maya Neelakantan who shines on America's Got Talent auditionMaya Neelakantan, the 10-year-old guitarist from Chennai, gains global fame with her unique blend of rock classics and Carnatic music. Her 'America's Got Talent' performance goes viral, leading to an invitation to the Mahindra Blues Festival. Maya's YouTube covers, including Tool's '7empest,' catch the attention of guitarist Adam Jones.
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Star Health aims to double Gross Written Premium to Rs 30,000 cr in 4 yrs: MDStar Health and Allied Insurance Company Ltd. has set a target to double its Gross Written Premium to about Rs 30,000 crore over the next four years. The company, based in Chennai, has recorded a profit after tax of Rs 845 crore, a 37% increase from the previous financial year. The company has approved claims of about Rs 44,000 crore since its inception in 2006.Industry needs to boost capital investments to capitalise on growth opportunities: Anand MahindraAnand Mahindra, Chairman of Mahindra Group, emphasized the need for Indian companies to increase capital investment to leverage growth opportunities domestically and globally. In the company's annual report for 2023-24, Mahindra highlighted India's strengthened position in global supply chains post-COVID, urging private industry to seize this momentum. He stressed that private investment is crucial for driving economic growth, creating jobs, and stimulating demand.Gold’s 13% uptick beats Nifty's H1CY24 gains. Who could hold the edge in second half?HDFC Bank's shares surged approximately 3% to reach a new 52-week high on Wednesday. Investors reacted positively to news suggesting a potential increase in the bank's weightage in the MSCI Emerging Markets index. Doubling lenders' weightage in the global index can attract FII flows, ranging from $3.2 bn to $4 bn.Fresh twist: Hindenburg gets Sebi notice for ‘shorting Adani shares’Hindenburg termed the Sebi’s notice, dated June 26, as “nonsense, concocted to serve a pre-ordained purpose, an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India”. Apart from the research firm, its founder Nathan Anderson, Mark E Kingdon, Kingdon Capital Management, Kingdon Offshore Master Fund and K- India Opportunities Fund (KIOF) - Class F, too, were served the notice.
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