He was famously called 'Mamata's Billionaire' by a news magazine.
Others called him 'Mamata's Moneybag'.
He used to fly in the sky only in private jets and drove around in snazzy, customised cars on land. (Incidentally, the car designer was arrested recently in an unrelated case)
The family loves cars...really, really digs a fancy set of wheels!
Chandigarh residents would recognise the car in the images below - the super high-end 2008 Arancio Atlas (Pearl Orange) Lamborghini Murcielago LP640 coupe.
It is not just cars.
The family has interests in many businesses incl healthcare, pharma, a republic of chicken shops, townships, infrastructure, tea estates.
But no biz got it as much money (and infamy) as Chit Funds.
The flagship is publicly listed but the share has languished.
Since a Congressman is critical of India's move to not join China-backed RCEP treaty, here's a reporters memory on an Indian commerce ministry led delegation to Pakistan via Attari-Wagah in Feb 2012.
It was supposed to be a historic, breakthrough visit in which Pakistan...(1/2)
..was to bestow Most Favored Nation status on India (we had already granted MFN to Pakistan & imposed no formal trade restrictions on them)
The 80+ Indian delegation was full of excitement. After all, it was the 1st visit by an Indian commerce minister in over 3 decades....
(2/3)
...to our perennially hostile, pain-in-the-arse neighbour.
There were no major outcomes from the visit for India. Even as the Indian minister was speaking at an event in Karachi, the Pakistan Cabinet met in Islamabad and refused to reciprocate with MFN status for India!
(3/4)
Unfortunately, some of the crappiest comments on the impact of the #chineseapp ban are from some very experienced analysts & commentators in India.
Come on, folks!
Pause, think, reflect before you vomit all that ignorance out of your guts!
China BANS every app from overseas!
The Chinese economy has been BUILT on denying market access. Ask FB, ask Twitter, ask Google, ask so many others!
China's BAT economy (Baidu, Alibaba, Tencent) copied successful US & Western co biz models. What wasn't copied, was pilfered.
China blocks access to its mkt& users.
Have you heard about the Great Wall of China? No, I am not talking about that construction marvel. It is the Digital Great Wall. Google it.
India has been one of the MOST OPEN economies.
But, what do you do when data is stolen? What about privacy-is it only required for Aadhaar?
#Breaking
Govt says attempts being made in some quarters to give a mischievous interpretation to remarks by the Prime Minister at the All-Party Meeting (APM) yesterday.
PM’s observations on no Chinese presence on our side of LAC pertained to situation as a consequence of the bravery of our armed forces.
“Those who tried to transgress our land were taught a befitting lesson by our brave sons of soil”, summed up ethos & values of our armed forces.
What is Indian territory is clear from the map of India. This Govt is strongly & resolutely committed to that. Insofar as there is some illegal occupation, the APM was briefed in great detail how over the last 60 years, more than 43,000 sq.km has been yielded...
Thread on what I call 'Project Deep Eyes':
•Even as talks continue with China to further deescalate at the LAC, it bears repetition that India does not go around grabbing territory.
•It is China which has a history of incursions.
•So, how do we preempt these incursions? (1/8)
Recall the latest standoff at 3 points in Galwan Valley & near Pangong Lake, East Ladakh.
Initiated by China's PLA mid-April, the incursion, Indian Express alleges, caught us napping.
But, how could ITBP & Army have got early warning of China’s dirty designs on the LAC?
(2/8)
As is well known, in 2014, twin-engine patrol boats & long-range high-res camera were acquired for surveillance of & across the Pangong Tso.
Military planners wanted this due to past history of various incursions by the Chinese forces.
How did it go & what did it yield?
(3/8)
Here's a sample of social media posts by several Kashmiri Muslims celebrating the cowardly murder of a 35-year old Hindu earlier today.
•His family believed in 'Kashmiriyat'.
•He was 5 years old in 1990 when hundreds of other Hindus were killed similarly in Kashmir.
(1/n)
This is the blood of the Hindus of Kashmir.
•It has spilt long.
•It has spilt too much.
•The terrorists call him a political leech, a stooge & the favourite canard to describe a hapless minority person in Kashmir - a "collaborator".
This is exactly what they said in the 90's.
To those who celebrate yet another murder of a member of the minority in Kashmir, I say:
•"Tum kitne Ajay maroge, har ghar mein Bharti jeeta hain. Tum kitna bhi khoon bahaoge, ek Singh hi kaafi hota hain"
My homage to another martyr at the hands of brutal terrorists of Kashmir.