Vikram Kirloskar

Vikram Kirloskar's daughter Manasi takes over as Toyota Kirloskar Motor VC

The resolution, passed in its board meeting, comes after the untimely demise of Late Vikram S Kirloskar, former Vice Chairman of Toyota Kirloskar Motor

Kirloskar Systems announces appointment of Manasi Tata on board of JV firms

Kirloskar Systems on Monday said it has appointed Manasi Tata, daughter of late Vikram Kirloskar, as Director on the board of the company's joint-venture firms with immediate effect. These joint ventures include Toyota Industries Engine India Pvt Ltd, Kirloskar Toyota Textile Machinery Pvt Ltd (KTTM), Toyota Material Handling India Pvt Ltd (TMHIN), and Denso Kirloskar Industries Pvt Ltd (DNKI), the company said in a statement. Her appointment as Director, comes after the untimely passing of her father, late Vikram S Kirloskar, former Chairman & Managing Director, KSPL. His wife, Geetanjali Kirloskar, has already taken charge as the new Chairman & Managing Director at KSPL, it added. A fifth-generation scion of the Kirloskar empire, Tata is a graduate from the Rhode Island School of Design in the US, trained in Toyota manufacturing processes and the Japanese work culture. She runs an NGO 'Caring with Colour' and works with government schools in three districts of ...

Kirloskar Bros shareholders to vote on forensic audit starting Tuesday

Kirloskar Industries, a key investor in KBL, had sought the audit over legal fees of Rs 70 crore incurred by the latter. An EGM to consider this issue will be held on Dec 8

Vikram Kirloskar remade Indian manufacturing; his legacy is everlasting

Vikram Kirloskar, vice chairperson of Toyota Kirloskar Motor, passed away at age 64 on Tuesday

Great loss to industry: Chidambaram 'shocked' over Vikram Kirloskar's death

Rajya Sabha MP and former Union Finance Minister P Chidambaram on Wednesday expressed shock over the demise of Toyota Kirloskar Vice Chairman, Vikram S Kirloskar and said his contribution to the automobile sector would be remembered forever. Kirloskar died due to cardiac arrest at a hospital in Bengaluru on November 29, the automaker said. "Vikram Kirloskar's sudden passing away is a shock and a great loss to industry in India. Few business persons possessed his qualities of leadership, compassion and genuine friendship," Chidambaram said in a tweet. "His contribution to the automobile industry will be remembered forever. I offer my sincere and heartfelt condolences to his wife, daughter and the other members of his family." Toyota Kirloskar Motor is a joint venture between the Japanese auto maker Toyota Motor Company and the 130-year-old diversified conglomerate Kirloskar Group. The company, which sells a range of vehicles, unveiled a new variant of its highly popular sports ...

Toyota Kirloskar Motor Vice Chairman Vikram Kirloskar passes away at 64

Vikram Kirloskar, a pioneer of India's automotive industry, played a key role in bringing Japan's Toyota Motor Corp to India in the late 1990s

Reducing taxes on automobiles can benefit economy: Vikram Kirloskar

A roadmap to reduce taxes on automobiles by half over a 10-year period to make the Indian auto industry more competitive globally and provide large scale employment to benefit the economy needs consideration, according to Toyota Kirloskar Motor Vice Chairman Vikram Kirloskar. Although at the moment India cannot afford to slash the tax rate on automobiles drastically, he said a plan to reduce cess on the industry can be looked at considering the sector's contribution to the overall GDP of the country. "The auto industry is highly taxed. If we look at a car by the time it's produced and by the time it's sold, in most cases it is 30 to 50 per cent more than the ex-factory prices (after adding) GST and all the other taxes, including road taxes," he told PTI in an interview. He further said, "We as an industry are very competitive. I think in the world, cost wise, quality wise, we have become quite competitive. So I think a plan to reduce taxes over a period of time will really benefit t

Carbon reduction hinges on share of renewables in energy: TKM's V Kirloskar

The share of renewable energy as a percentage of total generation is only 30 per cent. Unless this goes up I don't see carbon emission coming down, Kirloskar said

Toyota Kirloskar Motor focussing on hybrid vehicles: VC Vikram Kirloskar

Toyota Kirloskar Motor will bring electric vehicles in India in future, but at the moment it is focussing on hybrid vehicles keeping in mind the objective of meeting holistic carbon reduction, company Vice Chairman Vikram Kirloskar said. The company, which on Friday unveiled Innova Hycross -- the new hybrid version of its popular multi-purpose vehicle Innova -- also expects full capacity utilisation at its two manufacturing units in Bengaluru by the middle of next year. "I think the country's objective is to reduce carbon (emission). You have to look at it holistically and (on a) scientific basis and that's what we are doing," he told PTI here, when asked about Toyota Kirloskar Motor's strategy of focussing on hybrids at a time when electric vehicles (EVs) have started gaining traction in India. Kirloskar argued that considering the current low level of renewable energy sources in India, EVs do not necessarily serve the purpose of reducing carbon emissions. He cited a recent study

Extraordinary general meeting brings focus back on Kirloskar Brothers' deed

Each signatory of the DFS is mandated to follow the rules and implement the deed with the approval of the respective board of directors

A family at war: Kirloskar siblings await SC judgement on arbitration

The Kirloskars are fighting a legal war over group assets with Sanjay Kirloskar chairman of Kirloskar Brothers Ltd on one side, and his brothers, Atul, 66, and Rahul, 59, on the on the other side

Kirloskar family feud: SC to hear KMD CMD's plea on March 15

The Supreme Court will hear on March 15 a plea by Kirloskar Brothers Ltd (KBL) CMD Sanjay Kirloskar challenging a Bombay High Court order directing arbitration in a family feud related to assets.

Take measures to improve ease of doing business: India Inc to Sitharaman

India Inc leaders, including Bharti Enterprises Chairman Sunil Bharti Mittal, CII President Vikram Kirloskar and Assocham President Balkrishna Goenka, on Thursday asked the government to take measures to augment ease of doing business to "create more freedom for the industry to perform". In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level. "I have come here today to discuss only one thing -- make doing business easy in the country. That was what my thrust was," Bharti Airtel Chairman Sunil Bharti Mittal told reporters after the meeting. He said some suggestions around mergers and acquisitions (M&As), demerger, NCLT process, about certain sections of income tax which were coming in the way of M&A or slowing them down ..

SC may hear appeal challenging proceedings against CII president Kirloskar

A division bench of justices Indu Malhotra and R Subhash Reddy, who had earlier stayed the proceedings, in September issued notice to complainant Sri Muniyappa, who is based in Bengaluru

Auto cos face structural issues, affordability a problem: Toyota Kirloskar

Kirloskar said while the government has done a lot of things such as increasing and improving roads,"Some things they have done, which I believe have created headwinds for auto sector."

Being punished for following the law: Vikram Kirloskar

Toyota Kirloskar managed to garner bookings of over 35,000 units of the Innova Crysta, which can't be launched in Delhi-NCR due to NGT ban