industry veteran Uday Kotak on Monday said most businessmen are cautious about speaking truth in front of those in power and do not speak their mind on pertinent issues. Speaking at the launch of a book titled 'Hamara Rahul', based on the life of Bajaj Group's former chairman emeritus Rahul Bajaj, Kotak reminisced how the late billionaire had shown the rare ability of speaking out multiple times.
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«Most businessmen have been very cautious about how they speak,» Kotak, the founder of private sector lender Kotak Mahindra Bank, said.
He recounted two specific instances when Bajaj displayed his «outstanding» ability. One of the occasions was at an award function, where Bajaj, in the presence of Union Home Minister Amit Shah, raised the concern about the fear of speaking out among businessmen.
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«He (Bajaj) spoke what no one had the courage to speak, but which everyone had it in their minds. We have to salute Rahul Bajaj for being that icon of indian industry who was never scared about speaking truth,» Kotak said.
Pheroza Godrej, the founder of Cymroza