Brijmohan Lall Munjal was a perfectionist, who empathised with people who worked for him.
Brijmohan Lall Munjal, 92, who recently became chairman emeritus of Hero MotoCorp, single-handedly rewrote the rules of the motorcycle business
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
Brijmohan Lall Munjal had business rivals but no enemies.
Recognising the importance of small scale entrepreneurship, Prime Minister Manmohan Singh on Monday lauded Brijmohan Lall Munjal of the Hero Group, which has emerged the world's largest two-wheeler manufacturer.
Brijmohan Lall Munjal, chairman of the Hero Group, has become the first Indian to be selected to the international panel of judges for the Ernst & Young World Entrepreneur of the Year.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
B M Munjal positioned motorcycles as more fuel efficient than scooters, which struck a chord with the cost-conscious Indian buyers.
Eight others, including Bajaj Auto Managing Director Rajiv Bajaj and Tractor & Farm Equipment Chairman Mallika Srinivasan, received awards across categories at an award ceremony attended by over 350 people in New Delhi on Monday.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
Buoyed by growing sales and good monsoon, India's biggest motorcycle maker Hero Honda Motors is again considering setting up a third plant.
Ruling out setting up its third plant in the near future, India's biggest motorcycle maker Hero Honda said on Thursday that production capacity was sufficient to clock double digit growth this fiscal.
India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.
Easygoing and affable, he was the quintessential relationships man.
Industry watchers attribute a lot of the current successes of the $6 billion Hero Group to how B M Munjal planned and executed succession in HeroCorp, balancing the interests of other family-owned businesses.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
Two-wheeler major Hero Honda on Wednesday announced launch of its first scooter 'Pleasure' which would hit the market by mid November.
Flipkart co-founders Sachin Bansal and Binny Bansal, who were ranked 86th last year dropped out of the list
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
Hero today sells its products in 19 countries across Asia, South and Central America and Africa.
In peace and at war, firms remain tethered to promoter families in a uniquely Indian way.
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The street leading to the Golden Temple gets a makeover that takes you back in time.
Three businessmen disclose their success mantras: One belongs to an old Marwari family, another is a second generation industrialist whose father scripted an amazing rags-to-riches story and the third was a professional till one day he succumbed to the charms of entrepreneurship.
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