Industrialist Rahul Bajaj, the late Chairman Emeritus of Bajaj Auto, was cremated with full state honours in Maharashtra's Pune on Sunday. The last rites of the Padma Bhushan-awardee, who passed away at 83 on Saturday, were performed by his sons Rajiv Bajaj and Sanjiv Bajaj. Rahul Bajaj breathed his last in a Pune hospital on Saturday due to illness.