Within days of announcing that he would step down as the chairman of Bajaj Auto, Rahul Bajaj on Thursday said he expects the family feud with younger brother Shishir to be settled by June this year.
Not ready to be bogged down by competitive pressures despite strain on margins, Bajaj Auto has said it was ready to meet any kind of price war "head-on" and could even afford a further reduction in prices.
Rahul Bajaj has reached an 'in-principle' agreement with his brother Shishir Bajaj on the division of the Bajaj empire, but the mercurial chairman of the two-wheeler major said the settlement had been delayed due to tax implications.
Partnership between Israel and India is doing wonders, the visiting prime minister tells business leaders.
Bajaj Auto's Rahul Bajaj, Sunil Mittal of Bharti and Oil and Natural Gas Corp's Subir Raha are among the 20 finalists announced by Ernst and Young for the E&Y Entreprenuer of the Year award.
Bajaj hit out at banks for not passing the entire benefits to consumers.
'You should raise your voice even at the cost of being called a deshdrohi. 'This country is built because of the raising of voices of the people and no one can silence such voices,' says Kannan Gopinathan who resigned from the IAS to protest against revocation of Article 370 in Kashmir.
Bajaj Auto chairman Rahul Bajaj said on Wednesday that plans are afoot to demerge the company, which is India's second largest two-wheeler maker, into two separate companies.
Bajaj Auto Ltd has no plan to offer the Japanese company Kawasaki an equity stake in Bajaj Auto or any of its subsidiaries, Rahul Bajaj, chairman and managing director of the company, said in Pune on Saturday.
A host of high-profile personalities from the world of politics and business on Sunday paid homage to late Shiv Sena supremo Bal Thackeray on his first death anniversary at the ShivajiPark grounds in Mumbai.
The two factions of Bajaj business family with Rahul Bajaj on one side and his brother Shishir on the other have yet to agree upon a final price for sale of the younger siblings 6% stake in Bajaj Auto Ltd.
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
'What stood out at these meetings between industry representatives and government leaders was how the equation between the ministers and industry had undergone a subtle and qualitative change,' points out A K Bhattacharya.
Claiming that 70 per cent of new autorickshaw permits were given to non Marathis, Maharashtra Navnirman Sena chief Raj Thackeray has threatened that his party workers will set on fire these autos if they are seen plying on roads.
'India Inc has been afraid to criticise the government of the day for many years now, and it is perhaps unfair to blame the current one alone,' says Shyamal Majumdar.
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Scooters such as those from Kinetic Motors had become gearless by then and were no more family rides, but peppier individual modes of transport.
The Andhra Pradesh Raj Bhavan sex scandal and the paternity suit a love child filed against Tiwari dogged him in his 80s.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
The targeted budget for the project was reportedly projected at 750,000.
Netanyahu will cap his hectic schedule by attending the 'Shalom Bollywood' event.
India Inc on Saturday cheered the road map for lowering corporate taxation.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
German Chancellor Angel Merkel, French President Francois Hollande, Chinese Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Switzerland President Simonetta Sommaruga would be participating in the 45th edition of the meet.
Rajan has a great track record abroad.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
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