V Krishnamurthy, hailed as the 'Father of Indian PSUs', passes away aged 97

Padma Vibhushan awardee Dr Venkataraman Krishnamurthy, who is hailed as the 'Father of public sector undertakings in India', has passed away at the age of 97. Krishnamurthy served as the Chairman of government-owned companies such as SAIL, GAIL (India) and BHEL between 1972 and 1990. He was also the Founding Chairman of Maruti Udyog, now known as Maruti Suzuki India.