City based industrialist Deepak Khaitan (60), passed away on Monday after a prolonged spell of illness. He was 60 and is survived by his wife, son and daughter.
He was the eldest son of B.M. Khaitan and had in his fold major companies like Eveready Industries, Mcnally Bharat and Kilburn Engineering. He is perhaps best known for the acquisition of the Eveready brand from the Union Carbide. The turnover of the group is around Rs. 6,000 crores.