ITC chairman Y.C. Deveshwar, 72, who stepped down from executive role in 2017 but remained as a chairman in non-executive capacity, passed away this morning at a private hospital in Gurugram. Deveshwar, Chairman ITC," ITC MD Sanjiv Puri said in a statement. Deveshwar joined ITC in 1968 and was appointed a director on the ITC board on April 11, 1984. An alumnus of IIT Delhi and Harvard Business School, Deveshwar had also led Air India as chairman and managing director between 1991 and 1994.

Source: The Telegraph May 11, 2019 09:10 UTC