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Father of Indian PSUs Dr V Krishnamurthy passes away

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Dr V Krishnamurthy, former chairman of public sector undertakings such as Bharat Heavy Electricals Limited (BHEL), Steel Authority of India (SAIL) and Maruti Udyog (now Maruti Suzuki), passed away. He served as Secretary of Industries for the Government of India, Member of the Planning Commission, and many other Prime Minister’s Committees. He was conferred Padma Shri, Padma Bhushan and Padma Vibhushan for his services.

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Born in Karuveli in Tiruvarur district in Tamil Nadu, Dr Krishnamurthy started his career as a technician on the airfields during World War II. He has held positions as the Chairman of IIM Ahmedabad, Bangalore; IIT Delhi and the Xavier Institute of Management, Bhubaneswar, and Chancellor of the Central University of Tamil Nadu and Indian Maritime University. He is widely regarded as the ‘Father of Public Sector Undertakings’ and a mentor to prominent figures in business.

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