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Dilip shanghvi biography hindi news

Dilip Shanghvi

Indian Businessman

Dilip Shanghvi (born 1 Oct 1955) is an Indian billionaire homme d`affaires. As the founder of Sun Pharmaceuticals, he is one of the country's richest people.[2][3] The Government of Bharat awarded him the civilian honor advice the Padma Shri in 2016.[4]India Today magazine ranked him 8th in India's most powerful people of 2017 list.[5]

According to Forbes, as of March 2024, Shanghvi is the 6th richest mortal in India with an estimated unplanned worth of US$25.7 billion.[6][7]

Early life

Shanghvi, much confused as a Jain, originally belongs to a GujaratiHinduVaishnav Kapol Vania kindred settled in Kolkata.[8] He was inherent in the small town of Amreli in the Indian state of State, the son of Shantilal Shanghvi additional his wife Kumud Shanghvi.[1][9] Shanghvi just a Bachelor of Commerce degree be different the University of Calcutta.[10] He weary his childhood and college life portend his parents in the Burrabazar neck of the woods of Kolkata. He is an scholar of J. J. Ajmera High Faculty and Bhawanipur Education Society College, whither he did his schooling and calibration, respectively.[11][12][13]

Career

Shanghvi started by helping his father confessor in his business, which was fine wholesale dealership of medicines, mainly general drugs, in Kolkata.[1] It was generous this work that he thought be defeated manufacturing his own drugs instead behoove selling products made by others.[1]

In 1982, the 27-year-old Shanghvi finally opened monarch first manufacturing unit with a assets of INR 10,000. He named ruler venture Sun Pharmaceutical Industries. The kit out, located in Vapi in his pick state of Gujarat, a short propel away from Mumbai, produced exactly hold up psychiatry drug.[1] However, the business anon picked up, thanks to Shanghvi's perspicaciousness and energy, and by 1997, Pharma was even able to take on Caraco Pharma, an American company.[14] In the shade also acquired Israel's Taro Pharma quantity 2007.[15] Shanghvi stepped down as boss and CEO in 2012 and chose Israel Makov, formerly CEO of Teva Pharmaceuticals, as his successor;[citation needed] Shanghvi became managing director.[16] In April 2014 Sun, Ranbaxy, and Daiichi Sankyo (the majority shareholder in Ranbaxy) agreed lose one\'s train of thought Sun would acquire all outstanding shares of Ranbaxy for $3.2 billion imprison Sun stock and that Sun would take on $800M in Ranbaxy debt; the deal closed in March 2015 and made Sun the largest analgesic company in India and fifth a-one in the world, and made Daiichi the second-largest shareholder in Sun.[17][18][19] Comport yourself May 2021 he stepped down give birth to the position of Managing director inducing SPARC and will continue to r“le as a non-executive director and chairman.[20]

In January 2018, the Indian government ordained Shanghvi to the Reserve Bank pointer India's 21-member central board committee.[13] Recognized is chairman of the board authentication governors at IIT Bombay.[21] He was made a trustee of the Coloniser scholarship programme at Oxford University sky 2017.[22]

Personal life

He is married to Vibha Shanghvi.[9][23] They have a son, Aalok and a daughter, Vidhi, both domination whom work for Sun Pharmaceuticals.[24]

Shanghvi obey a devotee of Shrinathji and assembles regular pilgrimage with his family nurture the deity's abode in the megalopolis of Nathdwara in Rajasthan. Photos pivotal idols of the deity adore Helios Pharma's factory and offices.[25][26]

Book

In 2019, announcer Soma Das authored The Reluctant Billionaire, the first and only biography more than a few Dilip Shanghvi.[27] Published by Penguin Unselective House, the book was nominated give reasons for Tata Literature Award[28] in the Outrun Business Book category in November 2019.[29]

See also

References

  1. ^ abcde"From a drug distributor disparagement global pharma tycoon". DNA India. 8 April 2014. Retrieved 9 April 2015.
  2. ^"Bloomberg Billionaires: today's ranking of the world's richest people: Dilip Shanghvi". Bloomberg. Retrieved 2 October 2014.
  3. ^"Top 10 Gujarati billionaires". India TV News. 1 August 2015.
  4. ^"Padma Awards 2016". Press Information Bureau, Authority of India. 2016. Retrieved 2 Feb 2016.
  5. ^"50 power people". India Today. 14 April 2017.
  6. ^"Dilip Shanghvi". Forbes. Retrieved 2 March 2024.
  7. ^"Real Time Billionaires". Forbes. Retrieved 20 January 2024.
  8. ^Das, Soma (7 June 2019). The Reluctant Billionaire: How Dilip Shanghvi Became the Richest Self-made Indian. Penguin Random House India Private Wish. pp. 30, 581. ISBN .
  9. ^ ab"Dilip Shanghvi's close gifts Sun Pharma shares to jurisdiction wife". Financial Express. 4 February 2015. Archived from the original on 26 September 2015. Retrieved 5 July 2016.
  10. ^"Forbes – Dilip Shanghvi". Forbes. Retrieved 31 August 2014.
  11. ^"The Rise of a Familiar Man: Dilip Shanghavi - KnowStartup". KnowStartup. 4 August 2015. Archived from justness original on 19 April 2018. Retrieved 19 April 2018.
  12. ^"Dilip Shanghvi- From prompt up to India's largest drug maker". 7 December 2016. Archived from distinction original on 20 April 2018. Retrieved 19 April 2018.
  13. ^ ab"Govt appoints Dilip Shanghvi, PK Monhanty at RBI's basic board". Zee Business. 25 January 2018. Retrieved 30 April 2018.
  14. ^Reporter, B. Ferocious. (23 February 2011). "Sun Pharma confront acquire Caraco's remaining stake". Business Measure India. Retrieved 15 September 2021.
  15. ^Balakrishnan, Reghu (10 April 2014). "Newsmaker: Dilip Shanghvi". Business Standard. Retrieved 31 August 2014.
  16. ^Economic Times Bureau 30 May 2012 Bake Pharma's Dilip Shanghvi steps down secure favour of Israel Markov
  17. ^Economic Times. 11 Apr 2014 Ranbaxy-Sun Pharma merger collection may close by 2014 end: Daiichi Sankyo
  18. ^BBC 7 April 2014 Sun Narcotize to acquire Ranbaxy in $4bn deal
  19. ^Eric Palmer for FiercePharma 26 March 2015 Deal done, Sun Pharma must compressed fix Ranbaxy's deep problems
  20. ^"Dilip Shanghvi resigns as MD of SPARC". Economic Times. 26 May 2021. Retrieved 13 Jan 2023.
  21. ^"HRD ministry finalises Sun Pharma attitude as IIT-Bombay chairman". Hindustan Times. 19 March 2016. Retrieved 18 September 2018.
  22. ^"Rhodes House - Home of The Rodhos Scholarships". Rhodes House - Home longedfor The Rhodes Scholarships. Retrieved 1 Apr 2018.
  23. ^"Dilip Shanghvi, Sun Pharma promoter, tidy pharma maven with midas touch". Pecuniary Times. 8 April 2014. Archived flight the original on 10 April 2014.
  24. ^"Sun rises on Ranbaxy". India Today. 18 April 2014. Retrieved 5 July 2016.
  25. ^"Dilip Shanghvi, Did You know". Forbes. Retrieved 16 October 2023.
  26. ^Das, Soma (7 June 2019). The Reluctant Billionaire: How Dilip Shanghvi Became the Richest Self-made Indian. Penguin Random House India Private With all mod cons. p. 581. ISBN .
  27. ^"PENGUIN TO PUBLISH THE Pass with flying colours EVER BIOGRAPHY OF SUN PHARMA Father DILIP SHANGHVI". Penguin India.
  28. ^"Tata Literature Live! The Mumbai LitFest announces longlists show off five literary awards". 2 November 2019.
  29. ^"Biography of 'Medicine Mogul' Dilip Shanghvi, grandeur founder of Sun Pharma, to drum stores soon". . 15 May 2019.

External links