Lesser-known and interesting facts about Rahul Bajaj

Rahul Bajaj is an Indian billionaire entrepreneur who is both a philanthropist and a Member of Parliament.

Lets check out lesser-known and interesting facts about Indian businessman Rahul Bajaj.

Rahul Bajaj is an Indian billionaire entrepreneur who is both a philanthropist and a Member of Parliament. He was born in Kolkata on June 30, 1938. The Bajaj Group changed into created by Rahul’s grandfather Jamnalal Bajaj in 1926, and his father Kamalnayan Bajaj accompanied him in 1942. Kamalnayan founded the organization that later turn out to be Bajaj Auto. He moved into additional companies which includes cement, electrical home equipment, and scooters within 3 years. In 1979, Bajaj became elected President of the Confederation of Indian Industry, and then again in 1999. Padma Bhushan changed into bestowed upon him in 2001. The French authorities also bestowed the Legion of Honour upon him. Bajaj changed into also honoured by way of Harvard Business School with an Alumni Achievement Award. CNBC TV18, Ernst & Young, and the Economic Times honoured Bajaj with Lifetime Achievement awards. Here are some unknown and interesting records about Rahul Bajaj:

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1.Birth

On June 10, 1938, Rahul Bajaj became born. His start befell in a Marwari household, and he turned into the son of an Indian freedom warrior named Jamnalal Bajaj.

2. Elected to the Upper House

Between 2006 and 2010, Rahul Babaj turned into elected to the Upper House of the Parliament.

3. Rahul Bajaj spoke approximately the advertising situation in India

In an interview for a Harvard Business School undertaking called Creating Emerging Markets, Rahul Bajaj mentioned the advertising scenario in India in depth and harshly attacked the united states’ industrial policies previous to liberalisation within the Nineteen Nineties.

4. Ranked 722nd function within the list

He is placed 722nd on Forbes magazine’s listing of the sector’s billionaires earlier in 2016.

5. His stakes in corporations

Bajaj Holdings & Investments, an investment business, and Bajaj Finserv, a giant coverage and client financing business in India, are a few of the businesses wherein the Pune-primarily based manufacturer holds a hobby.

6. Bajaj Auto constitutes 3 units

In 2008, he divided Bajaj Auto into three entities to be able to boom shareholder returns and give his sons Rajiv and Sanjiv greater authority over the corporation’s operations.