The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders
Members are not involved in monetary policy, four of them will end their terms in August-September.
No point in time did our business rivalry or some of the issues that we had between our companies came in way of him giving me a smile, says Venu Srinivasan
Srinivasan will continue to be the Managing Director of the company post April, and will be designated as Chairman Emeritus
Srinivasan is credited for the transformation of TVS from a 50cc moped maker in the 1980s to the third largest two-wheeler manufacturer in India
Sales of commercial vehicles in FY21 were the worst in 11 years; for three-wheelers, they were the lowest in 19 years
Venu Srinivasan says Speth, an industry veteran, will mentor company in its international plans.
The government has given loans and ensured that companies, SMEs in particular, dont sink due to the crisis
Majority of the stakeholder approved the reappointment of Srinivasan as CMD of the company for a further period of five years from April 24, 2020
We are hoping that by January-March quarter, we should see a revival in demand, says TVS Motor Chairman Venu Srinivasan
The court said he should appear whenever needed for enquiry
BS ReporterFollowing a First Inforamtion Report (FIR) filed against him related to an alleged idol theft case in Tamil Nadu, TVS Motor Company Ltd Chairman Venu Srinivasan has received more support from various political parties on Sunday, including from Union Minister of State for Finance and Shipping, Pon Radhakrishnan.In a statement issued today, Radhakrishnan said that the FIR against Venu Srinivasan would raise doubts among public that whether this is a move to save the original culprits or to divert the course of investigation. He said that Srinivasan has been spending his own funds for the maintenance of temples and helping the poor.He also demanded the government to conduct investigation honestly and bring in the actual culprits and punish them, to prevent similar theft from the temples further.R Mutharasan, state secretary of Communist Party of India (CPI), Tamil Nadu has also condemned the move to book Srinivasan in such a case. He added that there should be probe on who ...
Srinivasan said he was appointed the Chairman of the Board of Trustees at the ancient Srirangam Temple, claiming he had spent Rs 25 million (Rs 25 crore) for the renovation of the complex