Tag: Rahul Bajaj

  • Industrialist Rahul Bajaj cremated with complete state honours in Pune

    Via PTI

    PUNE: The closing rites of former Bajaj Staff chairman, Rahul Bajaj, have been carried out in Pune on Sunday with complete state honours with representatives of India Inc, politicians and not unusual other people bidding a last adieu to the veteran industrialist.

    The closing rites have been carried out by means of Rahul Bajaj’s sons Rajeev and Sanjiv on the electrical crematorium at Vaikunth Smashanbhoomi in Pune town.

    Bajaj, the Chairman Emeritus of the Bajaj Staff, breathed his closing in a personal clinic right here on Saturday because of sickness. He was once 83.

    Previous, Bajaj’s mortal stays have been saved at his place of dwelling in Akurdi close to Pune for the closing ‘darshan’.

    NCP leader Sharad Pawar, Maharashtra cupboard minister Aaditya Thackeray amongst others paid homage to the economic mogul.

    Bajaj was once the person at the back of the long-lasting ‘Bajaj’ emblem that grew with the aspirations of the center magnificence in a pre-liberalised India.

  • Hamara Bajaj: The ultimate trip in combination

    Via Categorical Information Provider

    He was once the doyen of India’s auto trade however was once higher identified for his outspokenness than possibly his trade acumen. Rahul Bajaj, who known as himself “born anti-establishment”, had had his justifiable share of brush with the may of the federal government, without reference to whichever birthday celebration was once in energy. Born in Kolkata, Bajaj’s entrepreneurship adventure was once eventful. An alumnus of Harvard Trade College, he took over because the CEO of Bajaj Auto in 1968 and was once appointed MD in 1972. 

    It was once below his management that Bajaj’s scooters archived a stardom like no different product in India. Within the Seventies and Eighties, Bajaj Chetak scooter turned into an aspirational image for the middle-class, with the ‘Humara Bajaj’ song changing into synonymous with their hopes of a higher long term.

    Below his management, Bajaj Auto noticed its turnover develop from a measly 17.2 crore to Rs 12,000 crore with the company’s scooters changing into the mainstay. The industrialist for many years additionally suggested the gang’s different companies reminiscent of normal and existence insurance coverage, funding and shopper finance, house home equipment, electrical lamps, wind power, particular alloy and chrome steel, subject material dealing with apparatus and trip. 

    Whilst his achievements in company international is bizarre, it was once his braveness to boost problems that have been uncomfortable to the ruling dispensation that made him stand aside. In accordance to a few, Bajaj equipped the much-needed backbone to India Inc. “The ‘backbone’ of Indian trade cracks. An in depth circle of relatives pal, he was once a visionary, directly speaking and really revered for his worth methods,” stated Harsh Goenka, chairman of RPG Team.Uday Kotak, MD of Kotak Mahindra Financial institution, described Bajaj as daring and fearless. “A unprecedented businessman who spoke reality to energy,” stated Kotak.

  • ‘Hamara Bajaj’! Rahul Bajaj a lighthouse for younger marketers: NCP leader Sharad Pawar

    By way of PTI

    MUMBAI: NCP leader Sharad Pawar on Saturday remembered former chairman of the Bajaj Team, Rahul Bajaj, as a philanthropist who was once like a “lighthouse” for younger marketers.

    “I’m deeply surprised to be told in regards to the unhappy dying of Padma Bhushan Shri Rahul Bajaj! The grandson of eminent freedom fighter Jamnalal Bajaj introduced transformation in society particularly in deficient and middle-class folks along with his two-wheel era – a Bajaj Motorcycle!,” Pawar tweeted.

    Pawar stated he was once grieved with the passing of his very shut good friend.

    “India has misplaced an industrialist, a philanthropist and a lighthouse for younger marketers! Hamara Bajaj,” Pawar stated.

    The inexpensive automobile larger mobility, eased the combat for purchasing way of livelihood and turned into the instrument of socio-economic exchange, he added.

    “We Indians are deeply indebted for his immense contribution to the business,” he stated.

    Rahul Bajaj died at a clinic in Pune on Saturday afternoon.

    He was once 83.

    Pawar additionally stated Bajaj Team got here to Wardha the place the (Mahatma) Gandhi’s circle of relatives lived with the Bajajs.

    They’d trade in that house the place the massive trade was once purchasing and promoting cotton.

    “However the later generations made up our minds to move a distinct method. In an actual sense, Rahul Bajaj has completed a really perfect task within the business sector, particularly within the automotive sector,” he stated in a remark.

    “Rahul Bajaj’s trade began from Pune. Some individuals of his earlier era have been main the business in Mumbai. When Rahul Bajaj took over the accountability after finishing his upper training, he made the primary choice to not run a manufacturing facility from Mumbai,” Pawar recalled.

    The NCP leader stated Rahul Bajaj was once the one persona who spent his whole existence and had a place of dwelling in Akurdi (in Pune) at the premises the place his staff paintings.

    He spent his existence status with the manufacturing facility and its staff, the previous Maharashtra leader minister stated.

    He mentioned that the position of the state govt was once to step up industrialisation within the Aurangabad district.

    “Bajaj gave a large reaction to the state govt in long run with out restricting the growth of the manufacturing facility to Akurdi,” Pawar added.

    The NCP leader additional stated that during the most efficient passion of the rustic and society, Bajaj used to precise his perspectives obviously, even though the federal government disagreed with them.

    “Bajaj additionally confirmed his mettle through taking the accountability given to him in some establishments of the Maharashtra govt. He was once outspoken. We made up our minds at the moment to make use of his perspectives extra on the nationwide degree and unanimously made up our minds to nominate him within the Rajya Sabha. Regardless that his time period was once restricted, his paintings within the Rajya Sabha can be remembered,” Pawar recalled.

    He stated Bajaj’s contribution to the Higher Space at the financial and nationwide problems was once very good and that his speech by no means had political connotations.

    “As a chum within the business sector in Pune, my friendship with Bajaj remained intact. He supported me in many stuff. He by no means failed to precise his opposition to the dissenting opinion. Many, together with me, gladly accredited his grievance,” Pawar added.

  • Industrialist Rahul Bajaj passes away at 83

    By way of PTI

    MUMBAI: Former chairman of the Bajaj Team Rahul Bajaj died in Pune on Saturday, an organization reputable mentioned. He was once 83.

    Bajaj have been admitted to the Ruby Corridor Sanatorium sanatorium in Pune. He died round 2.30 pm, the reputable mentioned.

    The closing rites might be hung on Sunday. Bajaj is survived by way of two sons, Rajiv Bajaj and Sanjiv Bajaj; and daughter Sunaina Kejriwal.

    He resigned from his place of non-executive director and chairman at Bajaj Auto on April 30 closing 12 months.

    Dr Parvez Grant, leader heart specialist and managing trustee of Ruby Corridor Sanatorium, mentioned he was once admitted to the sanatorium for the closing month. “He died because of age-related and heart- and lung-related illnesses,” Grant added.

    In the meantime, NCP leader Sharad Pawar remembered former chairman of the Bajaj Team as a philanthropist who was once like a “lighthouse” for younger marketers.

    “I’m deeply surprised to be told in regards to the unhappy death of Padma Bhushan Shri Rahul Bajaj! The grandson of eminent freedom fighter Jamnalal Bajaj introduced transformation in society particularly in deficient and middle-class other folks together with his two-wheel era – a Bajaj Motorbike!,” Pawar tweeted.

    Pawar mentioned he was once grieved with the passing of his very shut pal. “India has misplaced an industrialist, a philanthropist and a lighthouse for younger marketers! Hamara Bajaj,” Pawar mentioned.

    The inexpensive car larger mobility, eased the combat for buying manner of livelihood and was the software of socio-economic exchange, he added.

    “We Indians are deeply indebted for his immense contribution to the trade,” he mentioned.