CS RAJIV BAJAJ Newsletter dated 28th december, 2015

1. www.csrajivbajaj.com
THOUGHT OF THE DAY
THOUGHT OF THE DAY
“If we don’t learn to control our thoughts, we will never
learn to control our behavior."
Law Updates:
 Reserve Bank of India to a RTI query said that 9,508 complaints of
deficient services by nationalized and private sector banks are
pending with banking ombudsmen as on 13th
December, 2015.
 Deloitte, KPMG, PWC and four others have been empanelled by
the Reserve Bank of India for conducting audit of information
system of the central bank.
 The Centre and the States have reached a broad consensus on the
issue of bringing the petroleum crude and products under the ambit
of the proposed goods and services tax (GST). The current
agreement is that petroleum is in. Constitutionally, petroleum
(products) will be part of GST, but for a certain period, the States
will have the freedom to determine the tax rate.
PROFESSIONALS INPUTS:
 CESTAT, Allahabad bench in an order stated that for computing
excise duty equal to customs duty on DTA clearances by EOU,
CVD component of notional customs duty would be taken as Nil, if
excise duty in India is exempt on 'no-cenvat condition'.
 The Centre will unveil a complete action plan for ‘Start Up India,
Stand Up India’ on January, 2016.
 CCI in a decision stated that where a drug manufacturer had
unilaterally and voluntarily stopped supply of drugs to informant
distributor for a short span of time due to business exigencies it
could not be said that it was in contravention of provisions of
section 3 of the Competition Act.
MARKET WATCH:
SENSEX: 25964.98 123.88 NIFTY: 7896.65 35.60
SILVER: 34200.00 -145.00 GOLD (MCX): 25189.00 -23.00
USD/INR: 66.09 -0.18 CRUDE OIL: 2514.00 -14.00
CS Rajiv Bajaj
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Bajajr66@gmail.com
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1Bajaj
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Date: 28th
December, 2015

2. www.csrajivbajaj.com
Enam Ali
Founder of restaurant, Le Raj
Enam Ali, MBE, FIH, FRSA is a Bangladeshi-born British businessman. He
is the founder of award-winning restaurant Le Raj, The British Curry
Awards and Spice Business Magazine.
Early life
Ali was born in Sylhet Division, East Pakistan (now Bangladesh). In 1974,
he came to the United Kingdom to study law as his parents wanted him to
become a lawyer, however he instead completed a degree in Hospitality and
Management. In Bournemouth he worked two days a week for an American
food company while completing his studies. Later, he worked part-time for
the Taj Mahal group of restaurants. In 1980, he earned an International
Fellowship from the Institute of Hospitality, and in 1990, a fellowship of the
Royal Society of Arts.
Career
In 1998, Ali launched Spice Business Magazine, a quarterly trade magazine featuring articles in English and
Bengali with information on the restaurant sector and community news which soon maintained an average
quarterly readership of over 100,000.
His extensive research established and promoted the concept of British Curry, not just in the UK but worldwide
as well. His aim has always been to help British consumers distinguish between the different types of cuisine
from the sub-continent of India and he is the pioneered establish "British Curry" as a cuisine in UK. According
to trade journal Spice business magazine. In 2005, Ali founded The British Curry Awards to recognise
excellence and with the intention of generating headlines and features for the best British curry restaurants,
overall and in local categories throughout Britain.
In 2012, the restaurant he founded Le Raj was selected as one of the official food suppliers of the London 2012
Summer Olympic Games. It supplied Bangladeshi halal curry and iftar during Ramadan for 17 days during the
Olympics.
In 2013, Ali became Chief Strategy Advisor to the hospitality-sector led charity Terraque Ltd who were already
committed to the United Nations Millennium@EDU initiative, which funds deliver of computers to 15 million
students by 2015 in the poorest countries, cooperating with Intel and Microsoft to purchase and deliver these at,
or close to, cost price.
Ali is a director of the British-Bangladesh Chamber of Commerce, which was created in 1991. Other countries'
bestselling newspapers have used Ali as a contributor and consultee in writing about the increase in domestic
curry consumption, best cuisine and global trends.
Awards and recognition
In 2009, Ali was appointed a Member of the British Empire (MBE) in the 2009 New Year Honours for his
services to the Indian and Bangladeshi restaurant industry. In 2008, he was a member of the Home Office
Hospitality sector advisory panel to ensure fairness in the treatment of the restaurant industry by that department
and by the Foreign and Commonwealth Office. In 2011, Ali became the first Muslim and the first representative
of the British curry industry to be granted Freedom of the City of London, in recognition of his contribution to
the hospitality industry. In the same year, he was awarded Best Business Personality of the Year by his local
government area (Epsom and Ewell) at their Business Excellence Awards, in recognition of the contribution he
has made to the local community by hosting charitable events, raising over £1.02 million in the previous 26
years.
In January 2013, Ali was nominated for the Arts and Culture Awareness award at the British Muslim Awards.
In 2014, he was named NRB Person of the year by Millennium Global Magazine.