Billionaire businessman Sudhir Ruparelia has started ceding more powers to his only son Rajiv Ruparelia.
According to information coming through, Sudhir has in a bid to groom him for robust decision making, increased his powers to run ‘major projects’ in some of his global businesses.
“These days, the tycoon who loathes the agony of jet lag, sends Rajiv to different countries where he commands businesses to transact on his behalf,” the source said.
Key capitals Rajiv travels to include; London, Abu Dhabi, Tokyo and New Delhi, among others. According the source, Sudhir is playing the role of CEO while Rajiv is the Managing Director of the Ruparelia conglomerate.
“Rajiv has reduced on his partying binges due to tight schedules, when the father appeared before the Parliamentary committee recently, they went together and even when President Yoweri Museveni decorated his father with a medal,” the source added.
Besides, he now supervises most of the construction projects and the recent ones include, the construction of Delhi Public International School structures, Kampala Bravourd building opposite Posta-Uganda on Kampala road, Bukoto Height apartments, among others.
“The good thing he is hard working and cooperative, it’s difficult to find anyone complaining about him. I think he will not shame his father, he will make it,” one of the city businessmen was overheard telling a friend.