Baba Kalyani
Chairman, Kalyani GroupBirth DetailsJanuary 7, 1949 | Pune, Maharashtra
NationalityIndian
LeagueBusiness Leader
EducationB Tech, BITS Pilani; MS, Massachusetts Institute of Technology
Net Worth$1.9 billion (As of August 7, 2020)
Baba Kalyani's Assets:
Baba Kalyani's Journey so Far ...
Before you go ...
- Kalyani Group
Baba Kalyani's Journey so Far ...
- After completing his school, Babasaheb Neelkanth Kalyani graduated in Mechanical Engineering from BITS Pilani in 1971. He then attended MIT in Boston from where he obtained an MS degree
- He joined the group's flagship Bharat Forge in 1972 and restructured the company in a big way by investing in technology and R&D. He also introduced VRS for unskilled labour, and hired top-grade engineers
- Kalyani's father founded Bharat Forge in 1966 and it is now the world's second-largest forging company with customers like Volkswagen, Rolls Royce and Daimler
- From just an auto components manufacturer, he diversified the group into other sectors of the industry like steel, chemicals, infrastructure, mining, oil and gas, rail, marine and renewable energy
- The group's facilities are now spread across the world in Europe, America and India. When Kalyani took over, the Indian multinational had a turnover of $1.3 million but that changed and it now has revenues of over $2.5 billion
- At the turn of the millennium, Kalyani focused on acquisitions and joint ventures, some notable JVs among them were - Alstom in 2008 for super-critical equipment for power plants; Areva in 2009 for heavy forgings for the power sector.
- One of Kalyani's biggest bets has been in the defence sector; apart from supplying forgings to the industry, the group has diversified into artillery, tanks and infantry equipment
- Today it is one of the largest importers of defence products and has set up facilities in Pune, Hyderabad and Bengaluru
- Taking advantage of the government's Make in India initiative, the conglomerate's Kalyani Strategic Systems formed a joint venture with Israel's Rafael Advanced Defense Systems in 2015 to bid for defence systems of India. The JV bagged a $100 million missile kit order in 2019
Before you go ...
- Baba Kalyani was awarded the Padma Bhushan by the Government in honour of his contribution to trade and business
- He is a member of numerous business bodies like CII, Society of Indian Defence Manufacturers, World Economic Forum, India-US CEO Forum and Commonwealth Business Council
- He is a philanthropist and set up an NGO named Pratham that provides primary education to underprivileged children
Last Updated: 12/02/2021
Baba Kalyani News
- Hikal sees an interesting development after feuding Kalyanis, Hiremaths bury the hatchet brieflyFor Hikal, the vote signals continuity and a degree of reconciliation at a time when questions around succession and governance loom large. For the families involved, it marks a moment where corporate priorities prevailed over personal disagreements, ensuring both sides remain active stakeholders in the company’s future.
- Family feud deepens with Baba Kalyani’s son Amit battling for Hikal board seat: ReportA family feud between Baba Kalyani and his sister Sugandha Hiremath intensified as Amit Kalyani faces a crucial reappointment vote at Hikal. Sugandha, opposing Amit's directorship, questions a past share transfer agreement. With shareholder advisory firms split, the outcome hinges on non-promoter votes, potentially reshaping Hikal's board amid ongoing ownership disputes.
- Kalyani family feud escalates: Sugandha Kalyani alleges asset grab by younger brother GaurishankarSugandha Hiremath, sister of Baba Kalyani, has accused her brother Gaurishankar Kalyani of seizing ancestral property in Karad. She claims he used a power of attorney from their late father. This is part of an ongoing legal battle over the Kalyani family assets in Pune court. Sugandha seeks partition of assets, including stakes in Bharat Forge.
- Bofors fully transferred tech to India in 80s, I even proposed made-in-India guns to Cong govt, but...: Baba Kalyani's explosive revealBharat Forge Chairman Baba Kalyani revealed India's failure to utilize the Bofors technology transfer from the 1980s, lamenting the exclusion of the private sector in defense manufacturing. He cited a cold response from the then government despite offering cost-effective, indigenous howitzer guns.
- Corporate Kalesh: Top family disputes of India Inc in 2024Family-owned businesses in India are critical to the economy but often face serious inheritance and control disputes. Recent notable family feuds include those among the KK Modi, Oberoi, Kalyani, and Murugappa families, highlighting the challenges of managing multi-generational wealth and maintaining family unity.
- Kalyani Family Dispute: Sugandha Hiremath challenges late mother's wills in courtSugandha Hiremath, sister of Bharat Forge chairman Baba Kalyani, has challenged her late mother's wills in court. She alleges coercion and undue influence by her brothers, Baba and Gaurishankar Kalyani, who are primary beneficiaries. The disputed estate includes significant holdings in Kalyani Group companies and other assets. Hiremath seeks an equal division of the estate among heirs.
- Kalyani family feud: Mediation efforts fail, legal battle continuesThe mediation efforts to resolve the Kalyani family feud have failed, and the dispute over the partition of the family's assets will now proceed in court. Sameer Hiremath and Pallavi Swadi allege that Baba Kalyani is withholding their rightful share of the family's joint properties.
- Innovation key to exponential growth of manufacturing sector: Bharat Forge Chairman"I think India has to also create innovation in technology, we can't just copy what we get from outside. We now need to make our products which the western world will copy from us," Kalyani said.
- No power of attorney executed in favour of Baba Kalyani by his late mother: Kalyani GroupBaba Kalyani, Chairman of Kalyani Group, has been accused by his brother Gaurishankar Kalyani of coercing their late mother, S N Kalyani, in matters related to her will. The group denies these allegations, stating no power of attorney was executed in Baba Kalyani's favor. The dispute is currently being addressed in the Pune District Court.
- Production of 'new will' gives fresh twist to Kalyani family feudGaurishankar Kalyani has filed an affidavit in Pune Civil Court challenging the execution of his late mother Sulochana Kalyani's 2012 will. He presented a new will dated December 9, 2022, accusing his brother Baba Kalyani of taking control of the family's wealth. The case is set to be heard on October 9, 2024.
- Hiremath siblings offer olive branch to Baba KalyaniThe dispute between the Hiremath siblings and their uncle Baba Kalyani, chairman of Bharat Forge, intensifies as both parties debate inheritance rights and mediation. Legal proceedings continue in the Pune civil court.
- Baba Kalyani rejects claims of nephew, niece seeking family asset partitionBaba Kalyani filed his affidavit on Tuesday, stating that his nephew Sameer and niece Pallavi have no right to file and maintain a suit seeking partition of an alleged Kalyani Family HUF. According to him, the suit is filed by the siblings who by birth are members of the Hiremath family and, therefore, have no right to file and maintain a suit seeking partition of a Kalyani Family HUF.
- Kalyani Group: How a piece of paper triggered brother-sister disputeA family feud within India's Kalyani Group has escalated, with sibling rivalry between Bharat Forge Chairman Baba Kalyani and sister Sugandha Hiremath over control of Hikal. Legal battles, ownership disputes, and boardroom struggles have unfolded, shedding light on the family's complex financial legacy.
- Kalyani family feud deepens: Hiremath siblings move court for share in HUF assetsThe ties between the Hiremaths and Baba Kalyani broke down over control of Kalyani Group company Hikal. The Hiremaths moved the Bombay HC in 2023 alleging that Kalyani wasn't honouring a family arrangement he had reached with his father that pledged to transfer all the Hikal shares to them. Baba Kalyani said the family arrangement of 1994 was just a "note" by his father Neelkanth Kalyani and not a legally binding document. The case is pending in court.
- Ambani, Adani, Birla among India Inc's bigwigs setting sail for Ayodhya's D-DayReliance Industries chairman Mukesh Ambani, Aditya Birla Group chairman Kumar Mangalam Birla, Tata Sons chairman N Chandrasekaran and Adani Group chairman Gautam Adani are among India's top business leaders who will be seen at the ceremony with a guest list of more than 10,000. The captains of Indian industry will join the scrum of VVIP arrivals at the small temple town, which will also see achievers from the world of entertainment, sport, politics, faith, public life and the arts.
- In 2023 India Inc. learnt hard lessons on families, friends and partnersIndia Inc 2023: The year 2023 saw significant turmoil within several prominent Indian businesses, including Bharat Forge, Indigo, Raymond Group, and Religare Enterprises. These disputes among family members, friends, and stakeholders shed light on critical issues. It emphasized the necessity for clear succession plans, strategies to shield companies from relationship conflicts, and improved scrutiny of stakeholders. This upheaval serves as a crucial lesson for corporate India, urging the development of better approaches to confront future challenges in a maturing corporate landscape, especially as women in top roles assert their influence.
- Ownership dispute at Hikal ends Baba Kalyani's 31-year board stintTurning 75 on January 7, Baba needed support from 75% of Hikal's shareholders to remain on the board. However, he managed to secure only around 52% of the votes. About 48% of the shareholders who cast their votes were against his reappointment, as revealed in regulatory filings.
- Hikal board: Baba Kalyani's birthday may bring not-so-happy gifts for the billionaireBaba Kalyani's reappointment as a director at Hikal is uncertain due to an ownership dispute and his upcoming birthday. His sister, Sugandha Hiremath, who owns 35% of Hikal, is expected to vote against his reappointment. Baba's continuation on the board remains doubtful, which would end his 31-year association with the company.
- Baba Kalyani companies dispute Hikal disclosure to boursesBF Investment (BFIL) and Kalyani Investment Company (KICL) have accused Hikal of making "entirely inaccurate and misleading" disclosure to the stock exchanges, and told the exchanges that they are not a party to any family arrangement concerning equity shares held by them in Hikal.
- Hikal discloses family pact of promoters to meet Sebi normsLast month, Sebi made it mandatory for promoters of all listed companies to disclose to the stock exchanges all their active family settlement agreements or arrangements that have a bearing or influence on management control of the company.
- Promoters' dispute not to impact company's performance: Hikal"The dispute is between the Hiremath family and BNK family, and there are no monetary claims against the company. The management of the company strongly believes that this dispute between the shareholders, as private parties, is not expected to cause any negative impact or have any contagion effect on the performance and operations of the company," Hikal said in an exchange filing.
- Kalyani vs Hiremath: Why India Inc families end up in bitter feudsAt the centre of the dispute is a 1994 family arrangement, under which Kalyani is bound to sell his entire stake in Hikal to the Hiremaths. Kalyani has dismissed the transfer clause in the 1994 family arrangement as “a false claim” by Sugandha.
- Bharat Forge CMD Baba Kalyani's sister, Sugandha Hiremath accuses him of trying to oust her from chemicals company HikalSugandha Hiremath has accused Kalyani of acquiring a further 58 lakh shares following their mother’s death, contravening a 1994 family agreement to transfer Kalyani’s stake in Hikal to the Hiremaths. Kalyani denies the alleged agreement, claiming the only valid pact was an earlier buyback agreement that offered the Hiremaths a limited ownership option.
- Hiremaths move Bombay HC against Baba Kalyani over Hikal share transferThe Hiremaths are seeking a ‘performance obligation’ as per the family arrangement to transfer the share of the speciality chemical company in favour of the Hiremath family. Sugandha Hiremath is a sister of Bharat Forge promoter Baba Kalyani.
- Rolls-Royce Marine North America inks pact with Kalyani Strategic Service for naval marine propulsorsThe pact between Rolls-Royce Marine North America & Kalyani Strategic Service may include, but is not limited to, design and development, licensed manufacturing, pre-sales and sales support; installation, commissioning, testing and aftermarket services and support. Rolls-Royce's propulsion systems are designed to be used in all modern warships and the company is one of the key suppliers to the US Navy, according to the statement.
- Budget 2023: As government's capex comes in, pvt sector capex will start with lag of a quarter: Baba Kalyani“The way we see in India Inc, we are already doing capex. It is just that we are doing capex with our own money rather than going to the banks and borrowing like it used to happen in the old days. I do not think any one of us has stopped capex.”
- General Atomics partners with Bharat Forge to manufacture aerostructures in IndiaIt will also help India develop a manufacturing ecosystem for high-end drones. The move will provide India with an opportunity to manufacture main landing gear components, subassemblies, and assemblies of remotely piloted aircraft in the country.
- Kalyani strategic systems gets howitzer export order worth USD 155 millionKalyani is one of the major investors in the defense sector and has been offering a number of weapon systems to India as well as foreign countries. The company has been working with Defence Research and Development Organisation (DRDO) to develop the advanced tower artillery gun system (ATAGS) and has also developed an ultra-light howitzer.
- Country needs technology-enabled innovation to drive manufacturing: Bharat Forge CMD"What I mean by technology-driven innovation is ..all Indian companies must own the IPR, the intellectual property right of whatever they are making," he said. "If India doesn't own its own IPR and just remains as a slave manufacturing nation for other countries, we are never going to grow in manufacturing," he said.
- Budget: SEZ Act to be replacedFinance minister Nirmala Sitharaman on her Budget speech 2021-23 said the Act will be replaced with a new legislation that would enable states to become partners in becoming development hubs.
- DRDO opens up missile production partnership for Indian private sectorThe all-weather air defence missile system is being developed to provide point and area defence against various aerial targets like jets, fighter aircraft, unmanned aerial vehicles.
- Kalyani Rafael Advanced Systems rolls out the first batch of indigenous missiles for Indian ArmyKRAS is a joint venture between the Kalyani Group and Israel’s Rafael Advanced Defense Systems. This was part of the company's agreement to deliver over 1000 MRSAM missile kits to the Indian Army and Air Force over the coming years.
- Must improve ease of business to be a global production hub: Industry captainsDisruption caused by the Covid-19 pandemic has thrown up opportunities for India to become a global manufacturing hub, though improving ease of doing business remains key to attracting global investors, industry captains said at the ET Global Townhall on
- Covid disruption opportunity for Indian manufacturers to become global suppliers: Baba KalyaniCountries are looking for a “China-plus-one” sourcing strategy as nobody can afford to be over-dependent on one supplier, Kalyani said while speaking at the ET Global Townhall.
- Baba Kalyani on how Bharat Forge stays relevant in disruptive timesStarting FY21, we should start seeing recovery taking place. Five years from now, a very large portion of our business will be non automotive, says Baba Kalyani, CMD, Bharat Forge.
- Commerce Ministry looking at ways to revamp SEZ policyIt has also discussed ways for implementation of the remaining recommendations of Baba Kalyani report on SEZ to facilitate ease of doing business in the present global market scenario, the ministry said in a statement.
- Corporate tax cut will reignite private investments: Baba KalyaniLow tax rates for the industry will encourage entrepreneurs and businessmen to invest in different sectors.
- Corporate tax cut will reignite private investments: Baba Kalyani, Bharat forgeThe move to cut corporate tax will embolden Indian companies to get into the global supply chains of several sectors.
- We will have zero capex this year and a large part of next year: Baba KalyaniHopefully, we should see the second half getting a little better than the first half.
- After Barak-8 missile kit deal, Baba Kalyani sees more opportunities next yearWe will be opening another facility in Telengana soon, says the Kalyani group chairman.
- Baba Kalyani-led panel suggests import substitution in manufacturing SEZsThe committee’s report was made public on Tuesday and the commerce department has sought stakeholders' views on it by January 30.
- Commerce ministry seeks stakeholders' views on report to revive SEZsSEZs, which once contributed significantly in the country's exports, started losing sheen after the government decided to roll back tax incentives and imposed minimum alternate tax and dividend distribution tax.
- Categorise SEZs as infrastructure, suggests policy panelBaba Kalyani-headed panel feels such a move will help realty developers seek alternative financing options.
- Panel seeks fresh tax sops for special economic zonesSEZs were seen as a “land grab” by large corporate houses to garner tax concessions, a bulk of which have already been pocketed.
- Panel suggests delinking special economic zones from exportsThe panel wants SEZs to be converted into employment and economic enclaves (3Es) with efficient transport infrastructure, uninterrupted water and power supply.
- Component cost for EVs not a big issue, battery could be costly: Baba Kalyani, Bharat Forge“With new technologies emerging, battery costs are also coming down.”
- Don’t see any impact of trade war, we are winning new orders every day: Baba Kalyani, Bharat Forge“Things are good in almost all markets. Even the Indian market is looking good.”
- Kalyani Group mulls doubling of revenues from defence businessThe company is participating in the ongoing DefExpo organised by Ministry of Defence and has showcased several products including ultra light Howitzers, artillery guns, ordnance components.
- We are doing well in both domestic and international markets: Baba Kalyani, Bharat Forge“In the next couple of quarter, will try to increase our application of knowledge in the oil and gas business.”
- We are quite ready to accept the challenge of electric vehicles: Baba Kalyani, Bharat Forge“Two-wheelers and three wheelers and buses will probably go electric first in our country”
- Food for thought! Viraj Kalyani turns to William Shakespeare for some inspirationThe founder and chairman of Kalyani Studio says the Bard has influenced him greatly.
- We are working on many programmes with the MoD, with DRDO in India: Baba Kalyani, Bharat Forge"As far as defence and strategic partnership is concerned yes we are amongst the four or five companies in India who are strong in this sector," said Kalyani.
- Kalyani Group opens missile making unit with Israel's RafaelKalyani group chairman Baba Kalyani said the JV is ready to supply the missile, Spike, to the Army, and 90 per cent of its components will be sourced locally.
- Viraj Kalyani uses physics to define life and business philosophiesViraj (nephew of Bharat Forge chairman Baba Kalyani) was brought up with a sense of destiny to take on the spurs of Kalyani Forge.
- BS-IV is not going to hamper growth in CV sector: Baba Kalyani, Bharat ForgeI do not think H1-B visa issue is going to reduce opportunities available to Indian industry.
- Viraj Kalyani launches Kalyani Studio to provide high-end engineering solutions to OEMsKalyani Studio works with MNCs and companies in areas of railway, automotive and agricultural technologies specializing on improving core hardware.
- Bharat Forge CV business to perform better by end of FY18: Baba Kalyani"There will be some problems in the first quarter because of huge overhang of stocks due to transition from BS-III to BS-IV, things should get normal from the next quarter," Baba Kalyani said.
- Expect big pickup in CV business in Q4: Baba Kalyani, Bharat ForgeWe do not really have to expand capacities because we are largely sweating out our existing capacities. Our capex will be around Rs 250-300 crore, says Kalyani.
- Jinping to open WEF Davos meet; over 100 from India to attendMore than half of 400 sessions at the five-day event will address strategies for fostering greater social inclusion and human development.
- Why the controversial Russian-Israeli entrepreneur Michael Mirilashvili is training his sights on IndiaWater-Gen, an Israeli startup that has developed a revolutionary technology to make water from air, capturing humidity.
- Mukand MD Rajesh Shah's son gets married, Mukesh Ambani joins the partyThe festivities began early for the Shah family with son Kaustubh’s wedding to London-based Radha Brahmbhatt earlier in October.
- PM Narendra Modi turns 66: How bigwigs like Anil Ambani, Kumar Birla, Amitabh Bachchan wished him on his birthdayAnecdotal messages from almost 50 prominent names in the country to the Prime Minister will go live on the Modi Mobile App.
- Q1 earnings reflect decline in oil & gas market: Baba Kalyani, Bharat ForgeIn an exclusive chat with ET Now, Baba Kalyani, Chairman, Bharat Forge, said that he was seeing a lot of traction in passenger car segment.
- Seeing tremendous headwinds due to commodity cycle downturn: Baba Kalyani, Bharat ForgeIn an exclusive interview with ET Now, Baba Kalyani, Chairman, Bharat Forge, said he expects improvement in cycle by middle of next year.
- Kalyani Group, Italian firm to tie-up for small arms"We want to provide solutions in the small arms segment so that our security forces are equipped with the best in the world," Chairman of Kalyani Group, Baba Kalyani said.
- Will supply equipment and platform to Indian army in near future: Baba Kalyani, Bharat ForgeIn an interview with ET Now, Baba Kalyani, CMD, Bharat Forge, shares his views on growth opportunities.
- Bharat Forge ships titanium forgings to BoeingBharat Forge Limited (BFL) has completed the first shipment of titanium forgings for wing components to US aircraft maker Boeing.
- Make in India: Defence procurement policy may have a local production clause, says Manohar ParrikarParrikar said even as there is a push for local production, there is need to improve transparency in the defence procurement procedure (DPP).
- Make in India: Baba Kalyani-led Bharat Forge guns for top spot in artilleryKalyani said the opportunity in the market is huge as new orders for 4,000 guns are up for grabs in 10-15 years with each order costing Rs 12-14 crore.
- Make in India event is a great opportunity to showcase our ability: Baba Kalyani, Bharat Forge CMDIn an interview to ET Now Baba Kalyani, CMD, Bharat Forge, said Make in India event in Mumbai is a great opportunity to showcase their ability to people from outside.
- Karnataka eyes over Rs 2.5 lakh crore from global investors meetAhead of the mega event, Invest Karnataka 2016, CM Siddaramaiah said that with a thriving eco-system for investment the state's expectations were "realistic".
- Arun Jaitley to lead over 100-strong Indian delegation to WEF meetOn the agenda of Mastering the Fourth Industrial Revolution are the acute challenges of geo-economics, global security, public health, education, gender parity and climate change, WEF said.
- Finance Minister Arun Jaitley hopes fast-growing Andhra Pradesh will push India growthIndia hopes the rapidly-growing Andhra Pradesh will help achieve the national double-digit growth target, finance minister Arun Jaitley has said.
- Bharat Forge to invest Rs Rs 1,200 crore for component hub in Nellore"We plan to set up a fairly large integrated automotive component manufacturing hub in Nellore district with an investment of about Rs 1,200 crore and will employ 3,000-odd people directly," Baba Kalyani said.
- Bharat Forge to set up auto component hub in NelloreAnnouncing the plans, Chairman Baba Kalyani said an MoU has been signed with the state government to set up a multi-modal facility in the state.
- Indian biz delegation to take part in Indo-Russia CEO summitThe Indian business leaders will take part in the Indo-Russia CEO Summit which will focus on enhancing trade and business ties, among others.
- High-powered Indian business delegation to accompany PM Modi during Russia tripA galaxy of Indian businessmen -- whos who among the Indian entrepreneurs will be in Moscow next week for an Indo-Russia CEO Summit during the PM’s trip.
- India-Japan Business Forum: Domestic companies pitch for FTA reviewReview of the existing free trade pact and quick implementation of the social security agreement were among the key suggestions made by Indian businesses.
- A high-profile wedding reception for Hemendra Kothari's daughter AditiAditi tied the knot with Vikram Desai in April but the couple will have a grand reception in Mumbai and Jaipur.
- Indian CEOs take UK visa woes to Narendra ModiIndian CEOs pitched for easier visa rules for their employees besides putting pressure on the UK to get the European Union to resume negotiations on the proposed bilateral trade.
- Reconstituted India-UK CEOs Forum's first meeting todayAs Modi begins the second day of his three-day visit, deals worth nearly 9.2-billion pounds have already been announced.
- Niece drags Baba Kalyani, family to court over wealth; claims one-ninth of the estate as her shareSheetal Kalyani, 27, an economics graduate from Pennsylvania State University, has included 183 people, including Baba Kalyani in her suit.
- Railways, defence, aerospace to greatly benefit from Make in India scheme: Baba Kalyani, Bharat Forge"Corporate India is fairly optimistic. Our growth rates are being sustained above 7% whereas everywhere else in the world, growth rates are falling."
- Bharat Forge climbs on Q1 results, management commentaryMargins for the quarter expanded 240 basis points to 31.80 per cent, up from 29.40 per cent in the year-ago quarter, the company said.
- India Inc urges PM Narendra Modi to help cut capital cost to boost manufacturingIndian corporate leaders have urged PM Modi to take steps to further reduce the cost of capital to help boost manufacturing in the country.
- It's vacation time for Bharat Forge's Baba KalyaniRight after Bharat Forge and Alstom's joint venture, Baba Kalyani, chairman and MD of Bharat Forge, has decided to treat himself to a vacation.
- Alstom-Bharat Forge JV commissions power equipment unit in GujaratAlstom-Bharat Forge’s joint venture for manufacturing turbine and generator sets for power plants has started production, Alstom said
- 'Make in India' for defence sector a fantastic approach from Modi government: Baba KalyaniKalyani said almost everybody in the world wants to have some relationship with Indian defence firms, which puts it in a strong position.
- Suggest to avoid Bharat Forge, Motherson Sumi for now: Niraj Dalal"We are looking at a scenario where we are talking of whether it is Make in India or manufacturing picking up and lots of things happening. "
- Foreign companies very keen on ‘Make in India’ in defence space: Baba Kalyani, Bharat Forge'India has the capability to create a fairly extensive defence manufacturing capability in many areas and as a country and as an industry.'
- Business will be the chief priority on PM Narendra Modi's visit to FranceThe envoy also said that the two sides are "working hard" to make progress on setting up Jaitapur nuclear power plant.
- India will woo foreign investors with culinary skills at HannoverManjit Gill of ITC, Hemant Oberoi of Taj and Ravitej Nath of Oberoi will be part of the team of chefs organising the food for the fair.
- Budget has a vision to propel India to be the manufacturing hub of the world: Baba Kalyani"FM has delivered a Budget which is strong on vision, reflects clear intent to put the economy on the path of double-digit growth."
- Top honchos meet Defence Minister Manohar Parrikar to discuss offsets policy for defence contractsYedidia Yaari, chief executive of Israel's Rafael Advanced Defense Systems, told the minister the problem lay in how the offsets policy was enforced.
- Kalyani Group shares rally; BF Investment zooms 20%Shares of Kalyani Group companies surged up to 20 per cent today after the Group and Israel's Rafael Advanced Defense Systems Ltd announced formation of a Joint Venture company in India.
- Bharat Forge forms 51:49 JV with Rafael; to manufacture high-tech defence components"Rafael is working with Indian defence space for last 20 years. Defence production will be a strategic thrust area for Bharat Forge," Kalyani said.
- WEF 2015: FM Arun Jaitley’s packed Davos trip signals India is back on international business radarJaitley will be leading Team Modi at Davos, where global interest in India as an investment destination is rising after a cold period of past few years.
- World Economic Forum Davos summit to start on Tuesday; Arun Jaitley, Piyush Goyal to attendOther prominent Indian names would include CEA Arvind Subramanian, as also CMs of Maharashtra and Andhra Pradesh -- Devendra Fadnavis and Chandrababu Naidu.
- India to have strong presence at WEF's Davos meetAmong other engagements, Finance Minister Arun Jaitley is expected to talk at WEF on how new leadership is transforming the business.
- Devendra Fadnavis meets industry captains on 'Make in Maharashtra'Fadnavis today met industry leaders, including Reliance Industries chairman Mukesh Ambani, to give impetus to the 'Make in Maharashtra' initiative.
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