Rahul Bajaj
This biography of a living person needs additional citations for verification. (May 2012) |
Rahul Bajaj | |
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Born | |
Alma mater |
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Occupation | Chairman emeritus, Bajaj Group |
Political party | Indian National Congress |
Spouse(s) | Rupa Bajaj (1961–2013) |
Children | 3, including Rajiv Bajaj |
Parent(s) |
|
Relatives | Jamnalal Bajaj (grandfather) Tarang Jain (nephew) Anurang Jain (nephew) |
Awards | Padma Bhushan |
Rahul Bajaj (born 10 June 1938) is an Indian billionaire businessman.[2] He is the chairman emeritus[1] of the Indian conglomerate Bajaj Group and a member of parliament. Bajaj comes from the business house started by Jamnalal Bajaj. He was awarded the third-highest civilian award Padma Bhushan in 2001.[3] In a recent interview for the Creating Emerging Markets project at the Harvard Business School, Bajaj provides a devastating critique of Indian industrial policies before the liberalisation in the 1990s.[4] In 2008, he split Bajaj Auto into three units - Bajaj Auto, finance company Bajaj Finserv and a holding company. His sons Rajiv Bajaj and Sanjiv Bajaj are now managing the day to day affairs of the company.[5]
Early life[]
He was born on 10 June 1938 in a Agrawal family and is the grandson of Indian independence fighter, Jamnalal Bajaj.[6][7] Bajaj is an alumnus of Harvard Business School in the US, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon School.[8][9]
Career[]
He took over the Bajaj Group in 1965.[10] In 2005, Rahul Bajaj stepped down from his role and his son Rajiv became the Group's managing director.[11] Bajaj got elected to the Rajya Sabha, India's Upper House of Parliament in the 2006-2010 period.[12] On the Forbes 2016 list of the world's billionaires, he was ranked No. 722 with a net worth of US$2.4 billion.[1]
Rahul Bajaj was elected as the president of the Confederation of Indian Industry (CII) twice in 1979-80 and 1999-2000. [13] For his outstanding work to the Indian industry, the then President of India, Pranab Mukherjee presented him CII President’s Award for Lifetime Achievement in 2017. [14]
In April 2021, Bajaj stepped down as non-executive chairman of Bajaj Auto, ceding the position to his cousin, Niraj Bajaj. He remains with the company as chairman emeritus.[1]
Personal life[]
His sons Rajiv Bajaj and Sanjiv Bajaj are involved in the management of his companies. His daughter Sunaina is married to Manish Kejriwal, the former head of Temasek India.[15][16]
References[]
- ^ a b c d "Forbes profile: Rahul Bajaj". Forbes. Retrieved 1 July 2021.
- ^ "Who Is Rahul Bajaj". Business Standard. Retrieved 6 July 2020.
- ^ "Rahul Bajaj conferred Padma Bhushan". Business Line. 22 March 2001. Archived from the original on 6 July 2013. Retrieved 25 December 2012.
- ^ "Interview with Rahul Bajaj". Creating Emerging Markets. Harvard Business School.
- ^ Master, Ammar; Staney, Nesil (26 May 2008). "Restructuring over, two Bajaj companies to be listed today". Livemint. Retrieved 2 April 2020.
- ^ "Rahul Bajaj Story - Bio, Facts, Home, Family, Net Worth - Famous Chairmans- SuccessStory". successstory.com. Retrieved 5 July 2018.
- ^ Taknet, D. K. (2016). The Marwari Heritage. IntegralDMS. p. 254. ISBN 9781942322061. Retrieved 12 November 2019.
- ^ "Alumni Achievement Awards – Rahul Bajaj, MBA 1964". Archived from the original on 13 November 2012. Retrieved 25 December 2012.
- ^ Khan, Iram (10 June 2018). "Birthday Special : The motivational businessman, Rahul Bajaj". News Track. Retrieved 7 February 2021.
- ^ Natay, Lola (24 March 2017). "Rahul Bajaj, Bajaj Group". Outlook India. Retrieved 6 July 2018.
- ^ "Learning from emerging markets: An interview with Bajaj Auto's Rajiv Bajaj". McKinsey & Company. Retrieved 6 July 2018.
- ^ PTI (13 March 2019). "Rahul Bajaj resigns as Bajaj Finserv Chairman". The Economic Times. Retrieved 7 February 2021.
- ^ "CII Past Presidents". Retrieved 23 October 2020.
- ^ "Rahul Bajaj bagged CII President's Award for Lifetime Achievement". United News of India. Retrieved 23 October 2020.
- ^ "Billion Dollar Dealer". Business Today. Archived from the original on 13 October 2008. Retrieved 7 February 2021.
- ^ "LUNCH WITH BS: Manish Kejriwal". Business-standard.com. 11 November 2008. Archived from the original on 10 October 2012. Retrieved 28 January 2011.
External links[]
Wikimedia Commons has media related to Rahul Bajaj. |
- Interview with Karan Thapar for CNN IBN
- Lufthansa CNBC TV18 All for this one moment – Interview Rahul Bajaj
- Living people
- 1938 births
- Businesspeople from Mumbai
- Indian billionaires
- Marwari people
- Harvard Business School alumni
- Rajya Sabha members from Maharashtra
- Recipients of the Padma Bhushan in trade and industry
- Bajaj Auto executives
- University of Delhi alumni
- Bajaj Group
- Cathedral and John Connon School alumni
- Indian expatriates in the United States
- Bajaj family
- Indian business biography stubs