Business leader Rahul Bajaj passes away at 83

Rahul Bajaj, 83, a former chairman of Bajaj Auto and one of India's most powerful businessmen, died on Saturday. Last year, Bajaj Auto stated that Rahul Bajaj has resigned as the company's chairman and non-executive director. With effect from May 1, he was named Chairman Emeritus of the auto major for a five-year period.