Humara Bajaj wont be the same again, Rahul Bajaj the grand old patriarch is ready to split his business in as amicable way as possible to give his two sons their shares. Rajiv Bajaj and Sanjiv Bajaj will now independently manage the two businesses of two wheelers and financial services. The de-merger will result in three separate entities encompassing its manufacturing, finance and insurance businesses.
While Rajiv will continue to head the manufacturing operations which will be housed in Bajaj Auto, Rahul Bajaj''s younger son Sanjiv will drive the fortunes of the finance and the fast growing life and non-life insurance businesses.
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