Lord Paul, founder of the UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.
From the bylanes of Jalandhar to a regular name in the annual 'Sunday Times Rich List', Lord Swraj Paul, who died on Thursday evening in London aged 94, was one of the most well known NRI entrepreneurs and philanthropists.
NRI industrialist Lord Swraj Paul on Wednesday said that the Indian government should first target containing inflation rather than focus on growth. Lord Paul said that it is necessary that India should focus more on containing runaway inflation witnessed at the moment, which hit the poor people hard. Referring to the recent acquisitions made by the Tatas in UK, he said that UK was delighted to welcome the Tatas there. Relationship between India and UK was at its peak now.
He has been appointed a member of the Science and Technology Select Committee of the House of Lords.
Leading UK-based NRI industrialist Lord Swaraj Paul has said that he proposed to make investments in Madhya Pradesh.
About the problems faced by manufacturing industry in the UK, Lord Paul, who recently scripted history by becoming the first Asian deputy speaker of the House of Lords, expressed hope that the Banking Bill would end the uncertainty surrounding lending terms and conditions.
Lord Swaraj Paul has been appointed the first Chancellor of the prestigious University of Westminster.
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.
Lord Paul, a member of the Lords Economic Affairs Committee, said he had strong reservations about the Committee's recommendation that immigration should be measured by the impact on income per head of resident population. He said other peers had doubts about the proposal but had not been in a majority. "The report does really concentrate on the benefits of immigration per capita, which I don't really agree with myself.
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.
"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.
Under the project, The World in London, the Photographers' Gallery commissioned 204 photographic portraits of Londoners, each originating from one of the nations competing at the London Olympics and Paralympic games from Friday.
The debate comes in the wake of Barclays chief executive Bob Diamond's resignation after the bank was fined 290 million pounds last week after some of its derivatives traders were found to have attempted to rig Libor -- the London inter-bank lending rate.
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.
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.'
"We are of the opinion that the G8 countries should do away with subsidies to their farmers," Lord Paul, who is heading a four-member delegation of the Commonwealth Parliamentary Association to this university township, said in Shantiniketan in West Bengal.
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.
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.
The 79th British Academy Film Awards (BAFTAs) were held at the Royal Festival Hall in London.
Paul is among the wealthy who hold legal accounts in Swiss HSBC Bank.
Paul, who will soon lead a British Parliamentary delegation to India, said: "The CPA wants Commonwealth governments to respond to the needs of people -- to build communities, to address the challenges arising from the growth of urbanisation, to agree a global trade deal and to tackle the greatest threat to us all -- climate change." "There remains more work to be done in Pakistan, Bangladesh and Fiji, but the pressure is on," Paul said on Monday night.
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.
England lost both matches by eight wickets and will relinquish all hopes of regaining the Ashes if they are unable to win the third Test, which begins at Adelaide Oval on Wednesday.
Lord's has a tradition of rewarding those who give their best, asserts veteran cricket correspondent K R Nayar.
Lord Paul, who is also the Chancellor of the University of Wolverhampton and University of Westminster, quoted a recent report which pegged the annual economic output generated by universities in England at 73 billion pounds.
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."
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.
'Whenever India bowls, Reiffel feels it's not out. Whenever India bats, he feels it's out.'
Swami Ramdev in his address advocated vegetarianism and healthy life through the practice of Pranayama, the ancient yogic science.
In a series finale defined by pressure and fine margins, the Indian dressing room found its anchor in an unexpected source - the Shri Shiva Rudrashtakam.
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.
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.
From Royal Challengers Bengaluru's historic first IPL title to star javelin thrower Neeraj Chopra finally breaking the iconic 90-meter mark to India women winning their first cricket World Cup, this was the year of long-awaited victories and record-breaking feats.
Lord Swraj Paul, business ambassador of Britain, on Monday called upon Indian businessmen to capitalise on the goodwill and respect the country enjoys in the United Kingdom to further enhance an already flourishing Indo-British trade.
From Jasprit Bumrah's much-anticipated return to the all-rounder conundrum, the playing XI could very well hold the key to seizing control of this historic series.
Coming off a commanding 336-run win at Edgbaston, Team India not only ended their winless streak at the historic venue, but also levelled the five-match series 1-1 in stunning fashion thanks to Shubman Gill's twin hundreds and a rousing spell from pacer Akash Deep.
Jofra Archer will play his first Test in more than four years as he replaces fellow seamer Josh Tongue for the third Test at Lord's.
With the emergence of their battery of fast bowlers, India have turned the tide at Lord's with two of their victories coming from their last three Tests -- in 2014 and 2021.
Former wicketkeeper Deep Dasgupta highlighted the slope at Lord's as a significant factor, especially for the Indian players, who have never played before at this venue.
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