Two-wheeler tycoon Vikram Lal's Eicher Motors makes the iconic Royal Enfield motorbikes.
Eicher, which has three factories in India, sold more than 800,000 bikes in the fiscal year ended March 2023, a 38% growth from the previous year.
His son Siddhartha stepped down as chief executive in April 2019 but stayed on as managing director. In August 2021, shareholders opposed his proposed salary hike.
Eicher has a joint venture with Sweden's Volvo to make trucks and buses.
Vikram's father Man Mohan Lal founded a tractor shop called Goodearth in 1948 and went on to partner with German firm Eicher to make tractors.
Season 2 of Amazon’s The Rings of Power sparked controversy by depicting an orc with a wife and child, which some interpreted as breaking the canon of Tolkien’s books.
In startups, we often hear about startup mafias. New research shows where the next mafias are coming from and how they are defining the next wave of innovation.
Adani, founder and chairman of Adani Group, who fell to No. 2 on this year’s list of India’s richest, pushes ahead with redevelopment, renewable energy projects.