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.
Participating in the 150-minute long debate on Thursday, Chairman of the UK-India Business Council Lord Karan Bilimoria congratulated Lord Paul on his appointment as the Deputy Speaker of the House and said that Non-Resident Immigrants in Britain were now reaching the top positions in every field.
Lord Swraj Paul was on Tuesday appointed by the Queen as a member of her Privy Council, the British monarch's advisory group whose members include the Prime Minister, Cabinet ministers and other eminent personalities.
He said there is no decline in Modi's 'determination'.
NRI industrialist Lord Swraj Paul has asked the youth to seize the immense opportunities offered by globalisation that can benefit all nations.
Speaking at the Anglo-Indian Summit on 'Investing In India', Swraj Paul said every foreign investment decision was a comparative judgement -- an evaluation of geo-risk.
Apparently referring to the 2G Spectrum scam and the Commonwealth Games irregularities, Paul in an interaction with PTI on Monday said, "Corruption should be condemned because it has become a national shame.
His faith in India remains unshaken but steel magnate Lord Swraj Paul has little doubt that it will suffer badly in the current global economic meltdown, a view contrary to that of many economists who feel that the country's strong domestic economy will help it deal with the crisis.
Last week, when Harish Bhasin, the Delhi-based stock broker, made an open offer for DCM Shriram Industries Ltd, he was back in news after almost 25 years.
Observing that there was vast potential for British investment in Tamil Nadu, its Business Ambassador Lord Swraj Paul on Thursday promised full help to facilitate creation of recreation and fashion industries in the state.
Britain's leading Asian businessman was appointed to the Board along with British rowing Olympians Steve Redgrave and Matt Pinsent.
The marriage was solemnised near the statue of Lord Paul's daughter Ambika, who died of leukaemia in 1968.
Leading non-resident Indian industrialist Lord Swraj Paul on Monday said India should stop craving for foreign investments for economic growth as the Indian economy has much more potential and it does not require outside help.
The NRI industrialist said New Delhi has excellent infrastructure and had successfully hosted the Asian Games in 1982.
'In my view, she was the greatest prime minister India has had until today'
NRI industrialist Lord Swraj Paul will undertake a fortnight-long visit to India beginning Friday to take stock of the fast growing operations of Caparo automobile plants and assess further investment prospects in the country.
Growth has no meaning unless India deals with 300 million people living on one dollar and 600 million people on just $2 a day, he said. Lord Paul reaffirmed his commitment to India and said that he would not suspend operations here due to lack of confidence in India's economic future.
M D Jindal, brother-in-law of NRI industrialist Lord Swraj Paul, has been summoned by a Delhi court re in connection with a forgery case filed against him by Caparo Maruti Ltd.
In its first foray into the US West Coast, NRI industrialist Swraj Paul's Caparo Group on Friday opened a $40 million steel plant.
NRI industrialist Lord Swraj Paul said he is "very bullish" about India and his Caparo group is planning to add six new auto ancillary plants in the country in the coming months.
The company, which has opened an exclusive showroom in Gurgaon, plans to open more showrooms in metros and mini metros in the coming months, the company said in a statement.
Leading NRI entrepreneur Lord Swraj Paul has scripted history by becoming the first Asian deputy speaker of the British House of Lords.
NRI industrialist Lord Swraj Paul is the second richest British Asian with business interests largely based in the UK, next only to Mike Jatania, head of the Lornamead cosmetics group.
Lord Swraj Paul's Caparo Group on Monday announced further expansion of its operations in India which will include new automobile spare parts manufacturing plants in Uttar Pradesh, Madhya Pradesh, Rajasthan and Haryana.\n\n
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
Taking on his critics, mostly from the media, the 78-year-old Labour peer requested the House for a probe into the allegations that he claimed 38,000 pounds between 2004 and 2006 for staying in a flat at Oxfordshire which is part of a hotel owned by him.
'Life has been full of rewards, full of sadness.'
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.
A quiz on the big names of the business world.
Mittal, now worth 10 billion pounds, saw the biggest fall in wealth terms.
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.
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 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'.
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