Human memory about policy issues is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor 'doing business' climate, taxtortion, extortionate oil prices, and high dependence on babus and the big State that has kept the enterprise system stifled, observes Debashis Basu.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
After signing the agreement documents on Tuesday night, the Shishir and Rahul Bajaj factions submitted the consent terms of the settlement to the Company Law Board on Wednesday and withdrew the petition.
The meeting chaired by Prime Minister Manmohan Singh was attended by Commerce and Industry Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Industry leaders, including Ratan Tata, Rahul Bajaj, Mukesh Ambani and Sunil Bharti Mittal, who are members of the council, also participated in the discussions.
Bajaj Industries chairman Rahul Bajaj on Thursday said the government should change the archaic land acquisition rules in India to deal with contentious issues like Singur.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
Shishir Bajaj and two other family members have exited Bajaj Electricals by selling their 2.05 per cent stake in the company following a family dispute settlement with elder brother Rahul Bajaj.
Signalling the end of a six-year long dispute, the warring Bajaj brothers have reached an agreement wherein family patriarch Rahul Bajaj has agreed to give control of Bajaj Hindusthan to younger brother Shishir.
Bajaj family members are in the final stages of reaching a peace formula to their six-year-old dispute over the division of group companies and assets. Sources familiar with the developments said an announcement can be expected in the next 10 days, but did not want to divulge details.
The country's second largest two-wheeler manufacturer, Bajaj Auto, on Sunday said there was no case for any layoff in the company even though there has been a cut in production due to a slowdown in demand. According to the figures released by the Society of Indian Automobile Manufacturers, motorcycle sales in the country during October was down by 18.17 per cent at 5,38,353 units, against 6,57,874 units in the same month a year ago.
The Tobin tax, first proposed by Nobel laureate James Tobin in 1972, is a sales tax on cross-border currency trades, aimed at discouraging speculation by making currency trading more costly.
Affirming that even developed countries in the West have acknowledged that the maximum economic activity will be in the East, industrialist Rahul Bajaj on Friday appealed to students from institutions of repute not to leave India as "this is where the action is."
Unlike film stars, who rarely attend sessions and seldom raise questions, industrialists seem to be better Parliamentarians.
Leading industrialists met with Prime Minister Manmohan Singh (not in picture) in New Delhi on Thursday to discuss the general state of the Indian economy and other industry-related matters.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
With the government considering a new Bill to make the Indian Institutes of Management answerable to Parliament, India Inc leaders say the time has now come to grant complete autonomy to these institutes.
An interview with Bajaj Hindusthan Limited CEO Kushagra Bajaj.
Differences still persist between Rahul Bajaj, his brother Shishir Bajaj and others on the issue of transfer of shares for finalisng the split of the Bajaj group, the Company Law Board has been informed by the lawyers.
Shishir, Rahul factions dissent over all-important chairmanship.
Commerce and Industry Minister Kamal Nath has said a hefty cut in the US interest rates will have a positive impact for the Indian exports, but industry leader Rahul Bajaj felt the move will further hit exporters. "The US Fed's decision would rather boost Indian exports to America as it would raise demand in the biggest economy of the world," Nath said at the World Economic Forum annual meet in Davos.
The Bajaj family feud has taken another turn with Rahul Bajaj's Bajaj Auto and its associates increasing stake in Bajaj Hindusthan.
An informal group of volunteers from the same school in Ahmednagar come together to pool resources, prepare food, serve the needy.
Rahul Bajaj, the chairman of steel firm Mukand, is expected to resign on Saturday and continue as a director on the board
Noted industrialist Rahul Bajaj's candidature for the June 15 Rajya Sabha byelection has led to fissure in the Congress-Nationalist Congress Party coalition with Congress on Monday announcing fielding Avinash Pandey.
'Modi wants to go down in history not necessarily as India's first overtly Hindu RSS pracharak prime minister, but as a world statesman who built the idea of India as a great nation.'
Facing the heat over the prospect of Tatas' Rs 1 lakh car affecting the two-wheeler market, Bajaj Auto on Monday said it may build cars to ward off the threat.
Welcoming the settlement of the ownership battle between Ambani brothers Mukesh and Anil, Industry on Saturday said the amicable resolution of the dispute would boost capital markets and uplift the morale of investors.
Rajiv, who is BAL chairman and MD Rahul Bajaj's elder son, had joined the company as officer-on-special duty on December 19, 1990
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Looking to complete its range of vehicles in the automobile sector, two-wheeler major Bajaj Auto has embarked on a four-year programme to develop a quadricycle for the Indian market.\n\n
Bajaj Auto chairman Rahul Bajaj on Tuesday said his company could consider selling its holding in the Firodias-controlled Bajaj Tempo, now rechristened Force Motors.
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