BS annual awards, 2015: High-powered jury selects the best eight
BS Annual Awards 2015 :Vivek Chaand Sehgal, then 18, started his business career as a silver merchant in the early 1970s, launched Motherson along with his mother in 1977 to manufacture power cables and then graduated to auto component manufacturing six years later. A little over two decades later (it was listed in 1993), the company's revenue has grown at a breakneck speed - from Rs 10 crore to Rs 34,600 crore in FY15. Profits have been growing at a compounded annual growth rate of 35 per cent, resulting in super shareholder returns. Motherson has 42,000 employees in India and another 30,000 in other parts of the world and manufactures spare parts used by almost all the famous cars globally. In 2000, Siddhartha Lal was all of 26 when he took over as the chief executive officer of Royal Enfield. Four years later, as chief operating officer of Eicher Motors, Lal took a momentous decision - he decided to divest 13 of the 15 businesses that Eicher was in and decided to ...