The bid is part of its ambitious turnaround strategy
Vikram S Kirloskar, the Vice Chairman of Toyota Kirloskar Motor passed away on Tuesday at the age of 64, as per an ANI report.
"We are extremely saddened to inform the untimely demise of Mr Vikram S Kirloskar, Vice Chairman, Toyota Kirloskar Motor on 29th November 2022," a company statement informed about the demise.
"At this time of grief, we request everyone to pray that his soul rests in peace. We extend our deepest sympathies to his family and friends. Last respects can be paid at Hebbal Crematorium, Bengaluru, on 30th November 2022 at 1pm," the statement added.
Reuters could not immediately verify the cause of death, but the Mint newspaper said Kirloskar, a big name in India's automotive industry, suffered a heart attack.
Vikram S Kirloskar was a fourth-generation member of the Kirloskar Group, which started in 1888, and manufactures pumps, engines, compressors and related products.
He was the President of the industry body Confederation of Indian Industry (CII) during 2019-20.
ALSO READ:
The bid is part of its ambitious turnaround strategy
Resorts World One seeks to boost inbound and outbound cruise travel in Dubai and across the Gulf
First restaurant to open with an investment of Dh5 million in Dubai
Labour has been consulting investors about closing a tax break on carried interest ahead of a wider budget announcement in October
Interior design is about creating spaces that enhance human well-being
Hotel occupancy rates at 80% were the highest in the region
GCC banks have consistently maintained a higher return on equity
FCA asks senior leaders to take personal responsibility for ensuring rules have been complied with