Industrialist and business leader Nand Kishore Goenka has passed away at the age of 96. Remembered for his vision, leadership, and contributions to Indian industry, Goenka leaves behind a lasting legacy that shaped businesses and inspired generations of entrepreneurs.

RSS veteran and industrialist Nand Kishore Goenka passes away 

<p>Billionaire Pankaj Oswal and his wife have locked themselves in a “secret location” as they work to free their daughter from a&nbsp;prison in Uganda, according to a report by&nbsp;Hindustan Times. Their daughter, Vasundhara Oswal, has been detained for over three weeks after being accused of kidnapping and murdering a person, who is alive and well in Tanzania, her family said.</p>

<p>The Indian-origin billionaire feels “immensely guilty” about sending his daughter to Uganda to oversee the family business plant, Riddhi Oswal told HT. Vasundhara was arrested by armed police in Uganda on October 1 in connection to a missing person investigation. Her family has claimed she was detained without a warrant and made to live in adverse conditions without access to basic facilities illegally.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/oswal-family-shares-disturbing-audio-clip-of-vasundhara-in-detention-769423">Oswal family shares disturbing audio clip of Vasundhara in detention</a></strong></p>

<p>Vasundhara has been working in Uganda for three years, developing East Africa’s first grain-based Extra-Neutral Alcohol (ENA) production facility as part of the Oswal Group. On October 1, she was visiting the factory, from where she was taken away for questioning.</p>

<p>“My parents’ hands are tied because they can’t even go to Uganda without facing immediate arrest by the highly corrupt officials there,” Riddhi, Vasundhara's younger sister told HT in an interview.</p>

<p>“As we’ve come to learn, the police in Uganda have too much power and can arrest people on a whim, even without warrants or proper court procedures,” she explained.</p>

<p>She added that her parents won’t be able to fight for her sister if they get arrested too. Vasundhara has been denied any contact with her family and is being treated like a convicted criminal, Riddhi&nbsp;added.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/swiss-indian-billionaire-appeals-to-un-after-daughter-detained-in-uganda-768429">Swiss-Indian billionaire appeals to UN after daughter detained In Uganda</a></strong></p>

<p>Her parents, Pankaj and Radhika Oswal have reportedly locked themselves in a “secret location” and have cut any contact with the outside world. They are only talking to people who are working to help Vasundhara, while Riddhi is attending to all family and business matters.</p>

<p>“My parents have essentially locked themselves in a secret location, devoting all their time to fighting for my sister’s release. They barely eat more than one meal a day and are surviving on the hope and faith that they can get their daughter free,” Riddhi told HT. “They feel responsible for her situation.”</p>

<p><em>(With inputs from agencies)</em></p>


Billionaire Pankaj Oswal and his wife have locked themselves in a “secret location” as they work to free their daughter from a prison in Uganda, according to a report by Hindustan Times.

Billionaire Pankaj Oswal and his wife have locked themselves in a “secret location” as they work to free their daughter from a prison in Uganda, according to a report by Hindustan Times. Their daughter, Vasundhara Oswal, has been detained for over three weeks after being accused of kidnapping and murdering a person, who is alive and well in Tanzania, her family said. The Indian-origin billionaire feels “immensely guilty” about sending his daughter to Uganda to oversee the family business plant, Riddhi Oswal told HT. Vasundhara was arrested by armed police in Uganda on October 1 in connection to a missing person investigation. Her family has claimed she was detained without a warrant and made to live in adverse conditions without access to basic facilities illegally. Also read | Oswal family shares disturbing audio clip of Vasundhara in detention Vasundhara has been working in Uganda for three years, developing East Africa’s first grain-based Extra-Neutral Alcohol (ENA) production facility as part of the Oswal Group. On October 1, she was visiting the factory, from where she was taken away for questioning. “My parents’ hands are tied because they can’t even go to Uganda without facing immediate arrest by the highly corrupt officials there,” Riddhi, Vasundhara's younger sister told HT in an interview. “As we’ve come to learn, the police in Uganda have too much power and can arrest people on a whim, even without warrants or proper court procedures,” she explained. She added that her parents won’t be able to fight for her sister if they get arrested too. Vasundhara has been denied any contact with her family and is being treated like a convicted criminal, Riddhi added. Also read | Swiss-Indian billionaire appeals to UN after daughter detained In Uganda Her parents, Pankaj and Radhika Oswal have reportedly locked themselves in a “secret location” and have cut any contact with the outside world. They are only talking to people who are working to help Vasundhara, while Riddhi is attending to all family and business matters. “My parents have essentially locked themselves in a secret location, devoting all their time to fighting for my sister’s release. They barely eat more than one meal a day and are surviving on the hope and faith that they can get their daughter free,” Riddhi told HT. “They feel responsible for her situation.” (With inputs from agencies)

Billionaire Pankaj Oswal locked himself in ‘secret location’ after daughter’s arrest in Uganda

<p>The billionare Oswal family has released a disturbing audio of their last call made by Vasundhara Oswal while in detention in Uganda. Vasundhara, the daughter of Swiss-Indian billionaire Pankaj Oswal, has been allegedly illegally detained for nearly three weeks.</p>

<p>According to the Oswal family, Vasundhara has been held in prison by Ugandan police since October 1 without a trial. She is facing allegations of kidnapping and murder of a former employee. The individual, who she is accused of murdering, has been found living in Tanzania in state custody her family said.&nbsp;</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/swiss-indian-billionaire-appeals-to-un-after-daughter-detained-in-uganda-768429">Swiss-Indian billionaire appeals to UN after daughter detained In Uganda</a></strong></p>

<h2><strong>Disturbing social media post</strong></h2>

<p>A social media post shared by Vasundhara’s sister, Ridi Oswal details her detention, “My sister, Vasundhara Oswal, has been unjustly imprisoned in Uganda for over two and a half weeks, in a prison meant for those convicted of heinous crimes like murder. Yet, she remains behind bars without any evidence against her, and without any valid reason to hold her.”</p>

<p>An audio recording of Vasundhara’s last phone call with her family was also shared in the post. In the audio clip, Vasundhara can be heard screaming while crying, “They’re taking my phone. They’re taking my phone.”</p>

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<p>Another voice of a woman was heard in the audio protesting, “She’s talking to her family, you cannot deny that. They cannot take your phone.”</p>

<p>“You will hear an audio of how she was stripped of her freedom and denied a single phone call, even though she was being illegally held, this audio was taken when she was 90 hours in and had an unconditional release order,” Ridi wrote about the audio.</p>

<h2><strong>Why is Vasundhara Oswal detained?</strong></h2>

<p>Vasundhara Oswal, 26, was arrested on October 1 from the family business plant Extra-Neutral Alcohol (ENA) facility. Industrialist Pankaj Oswal claims that she has been detained on the charges made by a former employee who took a $200,000 loan from the family. Vasundhara was taken into custody for kidnapping with intent to kill. However, the family said that the former employee made these charges to avoid paying back the loan.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/indian-american-billionaire-and-past-monk-investigated-for-tax-abuse-768017">Indian American billionaire and past monk, investigated for tax abuse</a></strong></p>

<p>“The man she has been accused of kidnapping and murdering, the one on whom this entire case is falsely based, was already found in Tanzania, in state custody,” her sister said as she explained that the man has even provided a notarized affidavit saying Vasundhara or her family never mistreated him. “Despite this, the Ugandan state refuses to acknowledge the truth.”</p>

<p>The family filed an urgent appeal with the United Nations on October 11, seeking intervention.</p>

<p>“I am deeply grateful to the media and the UN for their support, and I pray for a positive resolution soon. I don’t know how much longer she can endure this torment,” said Ridi.</p>

<p><em>(With inputs from agencies)</em></p>


The billionare Oswal family has released a disturbing audio of their last call made by Vasundhara Oswal while in detention in Uganda. Vasundhara, the daughter of Swiss-Indian billionaire Pankaj Oswal, has been allegedly illegally detained for nearly three weeks.

The billionare Oswal family has released a disturbing audio of their last call made by Vasundhara Oswal while in detention in Uganda. Vasundhara, the daughter of Swiss-Indian billionaire Pankaj Oswal, has been allegedly illegally detained for nearly three weeks. According to the Oswal family, Vasundhara has been held in prison by Ugandan police since October 1 without a trial. She is facing allegations of kidnapping and murder of a former employee. The individual, who she is accused of murdering, has been found living in Tanzania in state custody her family said. Also read | Swiss-Indian billionaire appeals to UN after daughter detained In Uganda Disturbing social media post A social media post shared by Vasundhara’s sister, Ridi Oswal details her detention, “My sister, Vasundhara Oswal, has been unjustly imprisoned in Uganda for over two and a half weeks, in a prison meant for those convicted of heinous crimes like murder. Yet, she remains behind bars without any evidence against her, and without any valid reason to hold her.” An audio recording of Vasundhara’s last phone call with her family was also shared in the post. In the audio clip, Vasundhara can be heard screaming while crying, “They’re taking my phone. They’re taking my phone.” View this post on Instagram A post shared by Vasundhara Oswal (@vasundharaoswal) × Another voice of a woman was heard in the audio protesting, “She’s talking to her family, you cannot deny that. They cannot take your phone.” “You will hear an audio of how she was stripped of her freedom and denied a single phone call, even though she was being illegally held, this audio was taken when she was 90 hours in and had an unconditional release order,” Ridi wrote about the audio. Why is Vasundhara Oswal detained? Vasundhara Oswal, 26, was arrested on October 1 from the family business plant Extra-Neutral Alcohol (ENA) facility. Industrialist Pankaj Oswal claims that she has been detained on the charges made by a former employee who took a $200,000 loan from the family. Vasundhara was taken into custody for kidnapping with intent to kill. However, the family said that the former employee made these charges to avoid paying back the loan. Also read | Indian American billionaire and past monk, investigated for tax abuse “The man she has been accused of kidnapping and murdering, the one on whom this entire case is falsely based, was already found in Tanzania, in state custody,” her sister said as she explained that the man has even provided a notarized affidavit saying Vasundhara or her family never mistreated him. “Despite this, the Ugandan state refuses to acknowledge the truth.” The family filed an urgent appeal with the United Nations on October 11, seeking intervention. “I am deeply grateful to the media and the UN for their support, and I pray for a positive resolution soon. I don’t know how much longer she can endure this torment,” said Ridi. (With inputs from agencies)

Oswal family shares disturbing audio clip of Vasundhara in detention

<p>Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20. Instead of hitting the road in style, Singhania has kept the high-end vehicle parked in the garage of his upscale residence in South Mumbai. The MC20, boasting a top speed of over 325 kilometres per hour, was brought to India by Maserati in late-2021, allowing Indian enthusiasts to experience its remarkable performance firsthand.</p>

<h2><strong>A lemon in the garage</strong></h2>

<p>Speaking at an event, he openly referred to the MC20 as the "worst" car he has ever driven, stressing that its performance has been far from satisfactory. He further advised potential drivers against taking the car on the road, describing it as a hazardous proposition. "I paid for a Maserati but I got a lemon instead," Singhania candidly expressed.&nbsp;</p>

<p>He also blamed the company for attributing the football-like bouncing driving experience to the road conditions in India.</p>

<p>In a bid to address his concerns, Singhania took to the microblogging platform X, where he urged Maserati to appoint an independent test driver to evaluate the safety and performance of the MC20.</p>

<p>Also Read | <a href="https://www.wionews.com/world/nigers-new-prime-minister-says-no-harm-will-come-to-captive-president-mohamed-bazoum-626880">Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum</a></p>

<p>However, he reportedly said that his efforts to initiate a dialogue have hit a roadblock, with Maserati's parent company, Stellantis, allegedly showing reluctance to acknowledge the vehicle's shortcomings.</p>

<p>Singhania has gone a step further by expressing his genuine apprehension that the Maserati MC20 poses a significant risk to drivers, prompting him to implore Indian authorities and consumer courts to investigate the matter.</p>

<p>Also Read | <a href="https://www.wionews.com/world/brazil-bolsonaros-legal-troubles-deepen-as-quote-authorises-probe-into-his-finances-626878">Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances</a></p>

<p>"I genuinely believe the Maserati MC20 is a dangerous car and somebody might kill himself in it," Singhania said on X.</p>

<h2><strong>Maserati responds</strong></h2>

<p>In response to Singhania's public dissatisfaction, Maserati posted a message on X,&nbsp;"Hi there, It's regretful to hear that you have had a negative experience. Our customers are our top priority here at Maserati. We would like to address any concerns you may have. Please send us a private message with more detail, so we can best assist you. Thank you. GC".</p>

<h2><strong>Launch of GS design</strong></h2>

<p>Singhania remains an active figure in the automotive industry. He recently inaugurated GS Design, a new subsidiary of the Super Car Club Garage, a personal venture driven by his passion for cars. Singhania reportedly shared his enthusiasm for GS Design's future, revealing that within just 10 days of its soft launch, the initiative has already garnered 20 orders.</p>

<p><strong>Watch | Has China's growth story hit a roadblock?&nbsp;</strong></p>

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<p>"From 25-odd people, I had in Super Car Club Garage, I have over 250 now and given the number of orders I already have, it will go up," he said adding, "As against the 24-36 months that a European or American car design company takes to retrofit a vintage car, I can deliver the product within three months now. The objective is to do so in two months or even less. The Super Club Car Garage (SCCG) is an exclusive one-stop destination for supercars, super bikes and vintage cars, and its new initiative GS Design seeks to elevate the drive experience through customisation."</p>

<p><em>(With inputs from agencies)</em></p>

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Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20.

Indian industrialist Gautam Singhania, a known car enthusiast and billionaire, has expressed his dissatisfaction with his recent purchase of $ 0.42 million Maserati's latest supercar, the MC20. Instead of hitting the road in style, Singhania has kept the high-end vehicle parked in the garage of his upscale residence in South Mumbai. The MC20, boasting a top speed of over 325 kilometres per hour, was brought to India by Maserati in late-2021, allowing Indian enthusiasts to experience its remarkable performance firsthand. A lemon in the garage Speaking at an event, he openly referred to the MC20 as the "worst" car he has ever driven, stressing that its performance has been far from satisfactory. He further advised potential drivers against taking the car on the road, describing it as a hazardous proposition. "I paid for a Maserati but I got a lemon instead," Singhania candidly expressed. He also blamed the company for attributing the football-like bouncing driving experience to the road conditions in India. In a bid to address his concerns, Singhania took to the microblogging platform X, where he urged Maserati to appoint an independent test driver to evaluate the safety and performance of the MC20. Also Read | Niger's new Prime Minister says no harm will come to captive President Mohamed Bazoum However, he reportedly said that his efforts to initiate a dialogue have hit a roadblock, with Maserati's parent company, Stellantis, allegedly showing reluctance to acknowledge the vehicle's shortcomings. Singhania has gone a step further by expressing his genuine apprehension that the Maserati MC20 poses a significant risk to drivers, prompting him to implore Indian authorities and consumer courts to investigate the matter. Also Read | Brazil: Bolsonaro's legal troubles mount as SC Justice authorises probe into his finances "I genuinely believe the Maserati MC20 is a dangerous car and somebody might kill himself in it," Singhania said on X. Maserati responds In response to Singhania's public dissatisfaction, Maserati posted a message on X, "Hi there, It's regretful to hear that you have had a negative experience. Our customers are our top priority here at Maserati. We would like to address any concerns you may have. Please send us a private message with more detail, so we can best assist you. Thank you. GC". Launch of GS design Singhania remains an active figure in the automotive industry. He recently inaugurated GS Design, a new subsidiary of the Super Car Club Garage, a personal venture driven by his passion for cars. Singhania reportedly shared his enthusiasm for GS Design's future, revealing that within just 10 days of its soft launch, the initiative has already garnered 20 orders. Watch | Has China's growth story hit a roadblock? × "From 25-odd people, I had in Super Car Club Garage, I have over 250 now and given the number of orders I already have, it will go up," he said adding, "As against the 24-36 months that a European or American car design company takes to retrofit a vintage car, I can deliver the product within three months now. The objective is to do so in two months or even less. The Super Club Car Garage (SCCG) is an exclusive one-stop destination for supercars, super bikes and vintage cars, and its new initiative GS Design seeks to elevate the drive experience through customisation." (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. ×

'Got lemon': Indian billionaire's $ 0.42 million Maserati purchase takes a sour turn

<p>Rahul Bajaj, former chairman of the Bajaj Group, died in India's western Pune city on Saturday. He was 83.</p>

<p>Bajaj had been admitted to the Ruby Hall Clinic hospital in Pune. He had pneumonia and a heart problem.</p>

<p>Dr Parvez Grant, chief cardiologist and managing trustee of Ruby Hall Clinic, said he was admitted to the hospital for the last one month.</p>

<p>"He died due to age-related and heart- and lung-related ailments," Grant added.&nbsp;</p>

<p>He died around 2.30 pm, the official said. The last rites will be held on Sunday.</p>

<p>Bajaj is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj; and daughter Sunaina Kejriwal.</p>

<p>"It is with deep sorrow that I inform you about the passing away of Shri Rahul Bajaj, husband of the late Rupa Bajaj and father of Rajiv/Deepa, Sanjiv/Shefali and Sunaina/Manish. He passed away on the afternoon of February 12, 2022, in the presence of his closest family members," a statement from Bajaj Group read.</p>

<p>He resigned from his position of non-executive director and chairman at Bajaj Auto on April 30 last year.</p>

<p>Rahul Bajaj was awarded India's third-highest civilian award Padma Bhushan in 2001. Bajaj also served as an MP in Rajya Sabha, India's upper house.</p>

<p>Till February 2021, Rahul Bajaj was ranked 421 on the Forbes list of the world's billionaires with a net worth of USD 8.2 billion.</p>

<p>Reacting to Bajaj's demise, Indian politicians and ministers paid tributes to the celebrated entrepreneur.</p>

<p>Union Minister of Road Transport and Highways Nitin Gadkari said, "My heartfelt tributes to Rahul Bajaj ji, a successful entrepreneur, philanthropist and former chairman of Bajaj. I have had a personal relationship with Padma Bhushan awardee Rahul ji for many years."</p>

<p>Maharashtra Cabinet minister Nawab Malik said, "Grieved to learn about the demise of Rahul Bajaj Ji, chairperson of Bajaj Group. Condolences and strength to his family and close ones."</p>

<p>Nationalist Congress Party chief Sharad Pawar said he lost a close friend, while the country lost an industrialist, a philanthropist and a lighthouse for young entrepreneurs.&nbsp;</p>

<p>"I am deeply shocked to learn about the sad demise of Padma Bhushan Shri Rahul Bajaj! The grandson of eminent freedom fighter Jamnalal Bajaj brought transformation in society especially in poor and middle-class people with his two-wheel technology - a Bajaj Bike!</p>

<p>“The affordable vehicle increased mobility, eased struggle for getting means of livelihood and became the tool of socio-economic change! We Indians are deeply indebted for his immense contribution to the industry,” Pawar further wrote on Twitter.</p>

<p><em>(With inputs from agencies)</em></p>


Rahul Bajaj, former chairman of the Bajaj Group, died in India's western Pune city on Saturday. He was 83. Bajaj had been admitted to the Ruby Hall Clinic hospital in Pune.

Rahul Bajaj, former chairman of the Bajaj Group, died in India's western Pune city on Saturday. He was 83. Bajaj had been admitted to the Ruby Hall Clinic hospital in Pune. He had pneumonia and a heart problem. Dr Parvez Grant, chief cardiologist and managing trustee of Ruby Hall Clinic, said he was admitted to the hospital for the last one month. "He died due to age-related and heart- and lung-related ailments," Grant added. He died around 2.30 pm, the official said. The last rites will be held on Sunday. Bajaj is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj; and daughter Sunaina Kejriwal. "It is with deep sorrow that I inform you about the passing away of Shri Rahul Bajaj, husband of the late Rupa Bajaj and father of Rajiv/Deepa, Sanjiv/Shefali and Sunaina/Manish. He passed away on the afternoon of February 12, 2022, in the presence of his closest family members," a statement from Bajaj Group read. He resigned from his position of non-executive director and chairman at Bajaj Auto on April 30 last year. Rahul Bajaj was awarded India's third-highest civilian award Padma Bhushan in 2001. Bajaj also served as an MP in Rajya Sabha, India's upper house. Till February 2021, Rahul Bajaj was ranked 421 on the Forbes list of the world's billionaires with a net worth of USD 8.2 billion. Reacting to Bajaj's demise, Indian politicians and ministers paid tributes to the celebrated entrepreneur. Union Minister of Road Transport and Highways Nitin Gadkari said, "My heartfelt tributes to Rahul Bajaj ji, a successful entrepreneur, philanthropist and former chairman of Bajaj. I have had a personal relationship with Padma Bhushan awardee Rahul ji for many years." Maharashtra Cabinet minister Nawab Malik said, "Grieved to learn about the demise of Rahul Bajaj Ji, chairperson of Bajaj Group. Condolences and strength to his family and close ones." Nationalist Congress Party chief Sharad Pawar said he lost a close friend, while the country lost an industrialist, a philanthropist and a lighthouse for young entrepreneurs. "I am deeply shocked to learn about the sad demise of Padma Bhushan Shri Rahul Bajaj! The grandson of eminent freedom fighter Jamnalal Bajaj brought transformation in society especially in poor and middle-class people with his two-wheel technology - a Bajaj Bike! “The affordable vehicle increased mobility, eased struggle for getting means of livelihood and became the tool of socio-economic change! We Indians are deeply indebted for his immense contribution to the industry,” Pawar further wrote on Twitter. (With inputs from agencies)

Industrialist Rahul Bajaj, former chairman of Bajaj Group, passes away

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