An impressive 21st century home for students and faculty of the prestigious Massachusetts Institute of Technology (MIT) was opened in the US, thanks to $1 million assistance provided by Ambika Paul Foundation headed by NRI industrialist Lord Swraj Paul.
A philanthropist, Lord Paul has made large donations to many organisations, including a million pound to save the London Zoo from closure. He has also worked to develop strong Indo-British relations.
Paul is among the wealthy who hold legal accounts in Swiss HSBC Bank.
Brown, his wife Sarah and their two children were among some 1,200 guests who came together at the London zoo to remember Ambika, Lord Paul's daughter, who passed away 41 years ago after she was brought to London for treatment of leukaemia.
The Calcutta high court on Friday quashed a criminal case against NRI industrialist Lord Swraj Paul and his son Angad Paul in relation to shares of Caparo Maruti Limited.
NRI business tycoon Lord Swraj Paul has suggested that industrialisation is key to improving economic prosperity of locals. Singur was a good beginning for the industrialisation process of West Bengal. The car project will be beneficial for the local people as it would generate employment. Caparo Engineering India, the Indian subsidiary of Caparo Group UK, is putting up an auto component plant near the main plant of Tata Motors. It will make the body structure for Tata Nano.
The leading NRI industrialist said, 'What happens to the poorest citizen in the poorest country can directly affect the richest citizen in the richest country.'
Terming the investment climate in India as 'very favourable,' NRI industrialist Lord Swraj Paul has said that 'too much' was being made out of the criticism by Left party allies of the United Progressive Alliance government policies.
The group issued a statement clarifying its financial health. It said the reports in the UK media questioning its financial health were based on 2008 calendar year results and its current state had improved significantly.
Paul, Chairman of the Caparo Group of industries, said he was delighted to announce that the police "has informed me that after due consideration, it will no longer be proceeding with any investigation or inquiry in relation to my House of Lords expenses."
"As we look to 2050 we see climate change with unprecedented levels of CO2 in the atmosphere, a looming water crisis that governments across the globe are failing to acknowledge, and a health and poverty disaster with 65 per cent of the world's projected 8.5 billion population living in mega-cities," he said.
The 82-year-old chief of the Caparo group and a Labour Party Peer appealed the UK government for making the visa system 'pro-talent and pro-merit'.
Swami Ramdev in his address advocated vegetarianism and healthy life through the practice of Pranayama, the ancient yogic science.
Britain's business ambassador and leading non-resident Indian Lord Swraj Paul has said South Asia should move towards a single currency to unleash the region's potential and accelerate economic growth.
The 78-year-old NRI industrialist announced earlier this week that he had been cleared by the police of allegations that he had wrongly claimed Parliamentary expenses and that he had decided to give up his non-domicile status, which means that he will have to pay taxes in this country on his overseas expenses also.
India cannot be rich by its service sector alone but will have to improve its manufacturing industry and make world-class products to compete in the international market, Lord Swraj Paul, leading non-resident Indian industrialist has cautioned.
Eminent NRI industrialist Lord Swraj Paul on Saturday stressed that the country should speed up privatisation, tax reforms and reduce corruption.
Observing that India is making remarkable progress, Lord Swraj Paul has said that if it continued to do so, it would emerge as a developed nation on the strength of its economic progress as also its human rights record.
Angad Paul, son of NRI industrialist Lord Swraj Paul, has died after falling from his penthouse home in central London.
From June this year, Ambar Paul, the older son of British-Indian industrialist Swraj Paul, will be able to turn that taste for steak and lobster into a business opportunity courtesy his purchase of Christopher's American Bar and Grill, one of London's most trendy restaurants.
Caparo India, part of the Caparo Group owned by Lord Swraj Paul, is keen on entering the aerospace sector in a big way, a top company official said in Chennai on Thursday.
While India has to curtail its side, those who do business in India have to be more conscious that they should be less part of the problems and more part of the solution, the business magnate said.
A quiz on the big names of the business world.
Lord Paul made reference to Caparo's factory in Singur.
Mittal, now worth 10 billion pounds, saw the biggest fall in wealth terms.
A leading British University -- the University of Wolverhampton -- has welcomed the election of veteran politician and one of its honorary graduates Pranab Mukherjee as the new President of India.
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
There is an Indian hand in the successful bid and holding of the London Olympics beginning on Friday.
In a controversial turn to the election to a top Commonwealth parliamentary post involving high-profile Labour peer Swraj Paul and a Malaysian minister, the British delegation on Thursday alleged that India and the host country were involved in "shocking deals".
'Life has been full of rewards, full of sadness.'
Malaysian Unity and Culture Minister Mohammedd Shafie Apdal was on Saturday elected chairman of the Commonwealth Parliamentary Association in a bitter contest defeating British Parliamentarian of Indian origin Lord Swraj Paul.
Keith Vaz, the Indian-origin Labour member of Parliament, has emerged as Britain's most influential Asian in a list of 101 powerful people from the region, which includes the likes of steel tycoon Lakshmi Mittal, the billionaire Hinduja Brothers and leading NRI industrialist Lord Swraj Paul.
The Indian community in Britain on Sunday mourned the death of Marxist patriarch Jyoti Basu, with leading NRI industrialist Lord Swraj Paul saying that the veteran leader was the 'great prime minister India never had'. "In Basu, we have lost a great son of Bengal, a great Indian and for me a great friend and a great prime minister India never had," Lord Paul said in his heartfelt condolences.
For the first time in the 900-year history of the Westminster Hall, a Bharatanatyam performance was held in the British Parliament as part of a unique series of programmes being staged there ahead of the Olympic games.
"She was a great prime minister.. and a greater human being. She gave nationhood for India and she would stand up to the erstwhile USSR or the USA or anybody else," Lord Paul, who had written a book on Gandhi and was considered a close friend of her, said while paying tributes to her at the Nehru Centre in London on Wednesday night as part of the International Women's Festival, 'Sakhi'.
Lord Swraj Paul promoted Caparo Engineering India has entered into a joint venture with Japan-based Marubeni Itochu Steel Inc to set up an automotive blank manufacturing unit near New Delhi.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances