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January 13, 2020

For the first time, legal persons and other entities are obliged to declare their Ultimate Beneficial Owners (UBO) to the Central Register of the Ministry of Finance (MFA).

For the first time, legal persons and other entities are obliged to declare their Ultimate Beneficial Owners (UBO) to the Central Register of the Ministry of Finance (MFA).

January 13, 2010

Jamnalal Bajaj, founder of The Bajaj Group, was a close confidant and disciple of Mahatma Gandhi. The family is known for the major contributions it made during India’s independence movement as well as industrialisation. Unfortunately, the family is also known for infighting over ownership and control of different businesses, writes Kavil Ramachandran

Jamnalal Bajaj, founder of The Bajaj Group, was a close confidant and disciple of Mahatma Gandhi. The family is known for the major contributions it made during India's independence movement as well as industrialisation. Unfortunately, the family is also known for infighting over ownership and control of different businesses.

The latest spat arose when fifth-generation managing director Rajiv Bajaj announced that the company would discontinue the production of their famous scooters from 2010.

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