AICC general secretary Rahul Gandhi has abandoned his entrepreneurial venture.
- In 2002 launched a consultancy engineering firm, Backops Services Private Limited
- an M.Phil degree in Development Studies from Cambridge University
- A stint as financial consultant in London
- holding 83 per cent shares in it. A close family friend and aide Manoj Muttu, one of the two Directors of the company
- As per his affidavit to the Election Commission of India during the 2004 elections, he held 83 per cent shares in Backops Services in which he had made a capital investment of Rs 2.5 lakh.
- He had 100 shares of Intel,
- 52 shares of Palm
- 10 shares of Ericsson.
- The main objective of Backops Services was to provide, among other things, back-office and advisory support service to international and domestic clients across different industry segments, to carry on business as programmer, developer, consultant and advisor in the field of IT, and to provide market and product services, web solutions and set up web sites for e-commerce activities.
- The company had an authorised share capital of Rs 25 lakh divided into 25,000 equity shares of Rs 100 each. Gandhi was the largest shareholder with 2,500 shares while Muttu held 250 shares.
Anil Thakur, son of Madhya Pradesh Governor Rameshwar Thakur, held 150 shares and another Delhi resident, Ranvir Sinha, had 100 shares. Both Thakur and Sinha resigned as Directors of the company in March 2006 due to "personal reasons". Gandhi and Muttu remained the only two Directors.
reference: http://in.news.yahoo.com/48/20100321/814/tnl-before-elections-last-year-rahul-gav.html
