DNA – India reports that Rajul Bajaj has been backed by a coalition of parties for a vacant seat on the Rajya Sabha, the upper legislative house of the Indian government (roughly parallel to the U.S. Senate). Rahul Bajaj is the grandson of Jamnalal Bajaj, a close friend of Ghandi who was active in the fight for Indian independence. Jamnalal Bajaj founded the Bajaj group of companies in the ’30s. Rahul Bajaj became CEO of Bajaj in 1968, passing the title to his son Rajiv in April 2004. Rahul was ranked the 20th richest person in India in 2005, even after the Bajaj empire was split between Rahul and his brother Shishir Bajaj.