Renowned Businessman Sunjay Kapur Passes Away Peacefully
Sunjay Kapur death News: Industrialist Sunjay Kapur who was once married to Bollywood actress Karisma Kapoor Sunjay Kapur passes away from a heart attack in the United Kingdom on Thursday (June 112, 2025).
Business consultant Suhel Seth revealed to ANI that during a match Kapur swallowed a bee by accident which might have led to the irritation. Sunjay Kapur industrialist obituary passing occurred during his marriage to Priya Sachdev who worked as an entrepreneur and previously modeled.
'Deeply saddened at the passing of @sunjaykapur: Seth reported Kapur's passing earlier today while in England and expressed his deepest condolences to his family and colleagues on his X handle.
Sunjay Kapur passes away at 53
Sunjay and Karisma had a publicized wedding ceremony in 2003. Their relationship encountered difficulties which eventually resulted in their divorce by the year 2016. Together they have two children named Samaira their daughter and Kiaan their son. Sunjay held prominence in business industries as well as Bollywood sectors. His final social media post discussed the recent Air India plane crash in Ahmedabad that resulted in 241 fatalities. The tragic Air India crash in Ahmedabad brings terrible news. I keep all the affected families in my thoughts and prayers. He expressed his wishes for strength to families during this difficult time in correspondence hours before his death.
As a visionary leader and compassionate individual, Sunjay's guidance led to Sona Comstar's success. Karisma Kapoor ex-husband dies had unique vision along with his core values and relentless commitment to excellence established a permanent legacy at the Company. Sona Comstar expresses sincere condolences to his family and friends along with everyone who was touched by his exceptional life through this statement.
Sona Comstar developed into a worldwide leader under his guidance particularly within the electric vehicle market. He recently received his appointment as Chairman of the Confederation of International Industry's Northern Region. Indian business tycoon death managed operations throughout several regions which included Delhi, Punjab, Haryana, Rajasthan among other states. Business associates and close friends have both expressed tributes after his passing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
38 minutes ago
- Time of India
State Bank India cuts SB rate to lowest, FDs' by 25 base points
Representative image (Photo: ANI) MUMBAI: India's largest lender, State Bank of India, has cut returns for depositors again. Effective June 15, the bank reduced interest rates on retail term deposits of up to Rs 3 crore by 25 basis points across tenures. Simultaneously, it brought down the savings account rate to 2.5 per cent, its lowest ever. These cuts apply to both new and renewing deposits, reflecting a wider easing in deposit yields after the RBI reduced the repo rate by 50 basis points earlier this month. The rationale behind the uniform cut is protect the bank's margins. Around 45 per cent of SBI's Rs 36 lakh crore loan book is linked to the repo rate. These include home loans (Rs 8.3 lakh crore) and auto loans (Rs 1.2 lakh crore). The bank's best home loan rates for new loans are now 7.5 per cent. The cut in the benchmark rate is estimated to lower the bank's annual interest income by about Rs 8,100 crore. Reducing savings deposit rates is the most immediate way for SBI to limit that hit. The cut in savings deposit rates, in particular, provides quicker relief. With Rs 23 lakh crore in such accounts, the lower payout enables the bank to save an estimated Rs 5,750 crore annually. SBI is not alone. HDFC Bank recently trimmed its savings account rate on high-value deposits to a flat 2.75 per cent across balances and lowered fixed deposit rates by up to 25 basis points. ICICI Bank, Canara Bank, and YES Bank have also cut fixed deposit rates. These moves aim to protect net interest margins at a time when credit growth is moderating. For depositors, it marks yet another reduction in already low returns. The deregulation of savings rates had raised hopes of more competition among banks, but the trend has gone the other way. SBI's savings rate, which was 4 per cent in the early 2000s, slipped to 3.5 per cent by 2003, fell further over the next decade, and hit 2.7 per cent by 2020. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
PM reaches Cyprus; President Nikos Christodoulides receives Modi at airport
Prime Minister Modi's visit to Cyprus, the first in over two decades, aims to strengthen strategic ties, leveraging Cyprus's location and stance against Turkish expansionism. Discussions focused on Cyprus's role in the India-Middle East-Europe Economic Corridor and energy diversification. Both nations share similar views on international issues and support a UN-backed resolution for the Cyprus issue. Tired of too many ads? Remove Ads On his maiden trip abroad since Operation Sindoor , Prime Minister Narendra Modi on Sunday sought to expand India's strategic ties with Cyprus, taking advantage of its location in the Mediterranean region and its principled position on Turkish a significant gesture, Cyprus President Nikos Christodoulides received Modi at the airport. This is the first visit to Cyprus by an Indian PM in over two the President hosted the PM for the dinner, Modi engaged with business leaders eager to deepen partnership. Cyprus's maritime connectivity and strategic location position it as a potential hub in the India-Middle East-Europe Economic Corridor . Cyprus is a key player in Eastern Mediterranean natural gas exploration and can assist India in diversifying its energy sources. Cyprus' strong ties with Israel, Greece and Egypt could also lead to cooperation in the region. Cyprus will also hold the rotating presidency of the EU Council in whose northern part has been under Turkish occupation since 1974, has been among India's steadfast supporters on the Kashmir issue . Both countries support similar positions on major regional and international issues and have collaborated constructively in the UN, Commonwealth and other has consistently endorsed the solution of the Cyprus issue based on UNSC resolutions, international law and the EU acquis. India supports a bi-zonal bi-communal federation based on UN Resolutions as a solution to the Cyprus problem.
Time of India
an hour ago
- Time of India
Government to 'facilitate' auto companies procure Chinese magnet
This is an AI-generated image, used for representational purposes only. NEW DELHI: The government has stepped in to support the auto and component industry's efforts to procure rare earth magnets from Chin,a with companies submitting End User Certificate (EUC) to Beijing, certifying no diversion of the shipment towards defence or weapons production. The commerce department and the ministry of external affairs have been engaged in the process of seeking time for an interface of the Indian industry with representatives of the Chinese government. "We are mindful of the concerns of the industry, especially as manufacturing schedules are likely to be disrupted if the supplies do not resume in some time," one of the sources said. A senior government official said that commerce secretary Sunil Barthwal recently held consultations with auto sector representatives and over the next few weeks, a delegation of executives from industry bodies is expected to go to China, with the Indian embassy in Beijing facilitating the exercise. The government, however, wants to play the role of a "facilitator" in the process, clearly demarcating it from being seen as a G2G (government-to-government) negotiation. "The idea is to involve the respective stakeholders and ministries for a concerted effort to expedite the approval process. The industry has already submitted the requisite documents related to the matter." Local industry has argued it is working on developing capabilities, but it is seen to be a massive challenge. "Developing indigenous supplies and capabilities is crucial, but it's a complex process requiring large-scale investments. Also, mitigating challenges of radioactive materials during the extraction process is also a critical factor," said Alok Perti, former coal secretary and now a senior board advisor with B2B mining and metal industry body MMPI. "Providing viability gap funding like PLI schemes by the government, encouragement to undertake research with countries like Russia, Australia, is also relevant." Source said that auto industry bodies, the Society of Indian Automobile Manufacturers (Siam), that represents product companies as well as the Automotive Components Manufacturers Association (ACMA), have been carrying out direct interface with government on the matter, even while companies have submitted their petitions through the route mandated by the Chinese government. The applications have reached China, and companies are eagerly awaiting movement, officials of at least four large companies told TOI. The industry is hopeful of a "positive result" following the meetings that Chinese vice foreign minister Sun Weidong, who is on a two-day visit to India, has had with his Indian counterparts. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
