Havells India Ltd is a billion-dollar-plus electrical equipment company founded in 1958.

In 1971 Qimat Rai Gupta purchased existing company Havells brand name from Haveli Ram Gandhi for INR 700,000. Today Havells is among the top five lighting brands of the world with market cap of above $3 billion.

Till today, it is named after its first owner Haveli Ram Gandhi.

source: https://en.wikipedia.org/wiki/Havells