Kiran Mazumdar Shaw

D Sundaram appointed lead independent director of IT services company

It's a high growth phase for us in Biocon Biologics: We crossed the Rs 1,500-crore mark in revenue for the first time this quarter. We will exit this year (FY23) at Rs 2,000-crore level

Biocon Chief Kiran Majumdar-Shaw, who lost her husband, stated that she is devastated. Sharing her thoughts on social media, she maintained that she will always be guided by her husband John Shaw

Biocon founder Kiran Mazumdar-Shaw said she was devastated to lose her husband and will miss him profoundly. John Shaw, who had served the Bengaluru-headquartered biopharmaceutical company as the Vice-Chairman and Non-Executive Director for over 22 years, passed away at a private hospital here on Monday. "I am devastated to lose my husband, my mentor and soul mate. I will always be spiritually guided by John as I pursue my purpose. Rest in Peace my darling John. Thank you for making my life so very special. I will miss you profoundly," Mazumdar-Shah said. John Shaw, a Scotsman and Indophile, headed a leading textiles MNC Madura Coats as Chairman and Managing Director before joining Biocon in 1999. "He has contributed majorly to the transformation of Biocon from a small enzymes company to a globally recognised biopharmaceutical company and has played an important role in ensuring the highest levels of corporate governance in the company, as well as, in the financial and strategic .

Biocon executive chairperson Kiran Mazumdar Shaw's husband John Shaw passed away on Monday morning in a private hospital, family sources said. He was 73. Shaw was admitted to the hospital where he was undergoing treatment, they said. The exact reason behind the death was not known. Shaw was the former vice chairman of the Bengaluru-headquartered Biocon Limited. He was an MA (Economics Honours) in History and Political Economy from the University of Glasgow in United Kingdom. He was also the former chairman of Madura Coats Limited and former finance and managing director of Coats Viyella Group.

Biotechnology industry veteran Kiran Mazumdar-Shaw has suggested penalising city civic body Bruhat Bengaluru Mahanagara Palike (BBMP) and Bangalore Development Authority (BDA) for giving permissions leading to encroachments of storm water drains (SWDs) that resulted in the recent floods. The Executive Chairperson of Bengaluru-headquartered biopharmaceuticals company Biocon said the anti-encroachment drive launched by the BMMP this week to clear illegal structures sitting on SWDs, is a long overdue measure to address water logging which caused unprecedented havoc in parts of Bengaluru two weeks ago. "The question that begs to be answered is whether there will be a parallel investigation into how the BBMP and BDA gave permissions in the first place", she told PTI. "Moreover, we need to go beyond knee jerk quick fixes and find holistic long term solutions. For example, razing buildings will impact helpless and innocent homeowners. Why not penalise developers and BDA/BBMP and use that

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

The arterial roads which are dug for various civic works are not being repaired. The potholes have resulted in several deaths in Bengaluru, triggering public outrage.

Sir James Dyson and his family are third on the list with wealth estimated at GBP 23 billion.

The BJP used the signing of MoU for setting up the largest semiconductor fabrication unit in Karnataka to hit out at Shaw

The BJP accused her of imposing personal and 'politically coloured' opinion and conflating it with India's leadership in Information technology and biotechnology sectors

The University of Glasgow has honoured John Shaw and Kiran Mazumdar-Shaw by naming its new research centre after them.

Mazumdar-Shaw, who is also the Executive Chairperson of Biocon Biologics, will be joining RSE's current fellowship of around 1,700 fellows, the company said in a statement

Biocon arm buys Viatris biosimilars biz for $3.2 billion

Governance experts call for further probe into the matter

India needs to incentivize industries to invest more in academic research for creating a better ecosystem of research and innovation, Biocon chairperson Kiran Mazumdar-Shaw said on Wednesday. Speaking at a book launch event organised by the Centre for Social and Economic Progress (CSEP), Mazumdar-Shaw further said as the government has come up with incentives for production, it should also come up with incentives for research. "India needs to incentivize industries to invest more in academic research to create a better ecosystem of research and innovation," she said. Speaking at the event, former Niti Aayog Vice-Chairman Arvind Panagariya said due to economic reforms India's growth accelerated from 3 per cent (before liberalisation) to 7-8 per cent. Former deputy chairman of erstwhile Planning Commission Montek Singh Ahluwalia said the difference between 1991 and now is that in 1991, there was a global consensus on what to do. "We (India) were the only odd guys out. But today, tha

According to a company statement, the Deanstone Trust, which was mentioned as part of a leak of offshore tax haven files called the 'Pandora Papers,' was set up for philanthropic endeavours

Kiran Mazumdar-Shaw on Monday said media reports on the 'Pandora Papers' leak have wrongly implicated her husband's offshore trust, and termed the organisation as "bonafide" and "legitimate". The industry veteran noted that both she and her husband are law abiding citizens. Anil Ambani, Vinod Adani, Jackie Shroff, Kiran Mazumdar-Shaw, Niira Radia, Sachin Tendulkar and Satish Sharma are among the many Indians who figure in the 'Pandora Papers' that have uncovered financial assets of leaders across the world. "Media stories reporting on Pandora Papers wrongly implicate my husband's offshore trust, which is a bonafide, legitimate trust and is managed by Independent Trustees. No Indian resident holds the key to the trust as alleged in these stories," Mazumdar-Shaw, the executive chairperson of biotechnology major Biocon, said in a tweet. Later, in a regulatory filing, she elaborated on the offshore trusts. "My husband, John Shaw is a UK national who from his foreign currency earnings

Kiran Mazumdar-Shaw, executive chairperson of Biocon denied any impropriety

Kiran Mazumdar-Shaw on Monday said the 'Pandora Papers' have wrongly implicated her husband's offshore trust, and termed the organisation as "bonafide" and "legitimate"