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Subrata
Roy
Subrata Roy (born 10 June 1948) is an Indian businessman. He is the founder
and chairman of the Sahara India, an Indian conglomerate with diversified
businesses and ownership interests that include London's Grosvenor
House, New York's Plaza Hotel, Aamby Valley
City and Force India. Roy founded the company in 1978. He was named
among the 10 Most Powerful People of India in 2012 by India Today. In 2004, the group was termed by the Time magazine
as ‘the second largest employer in India' after the Indian
Railways. He has
been in Tihar Jail since 2014.
Childhood
& Early Life
· Subrata Roy was born in Araria in Bihar, India 1948 to Sudhir Chandra
Roy and Srimati Chhabi Roy. He studied at Holy Child School in Kolkata and later studied mechanical engineering from
Government Technical Institute, Gorakhpur. Roy started his first business
in Gorakhpur.
Career
·
Roy joined Sahara Finance, a struggling company, in
1978, that ran a chit fund and took it over. He changed its
financial model. Sahara is said to have used the financial model of much
older Peerless Group. They are termed residuary non-banking companies
(RNBCs) that accept deposits of very low amounts.
·
In the 1990s, Roy moved to Lucknow which became the base of
his empire. His Sahara City project covering 170 acres was launched in the
1990s. From there, it went on to become the largest conglomerate of India
with a diversified range of business interests. The company now has interests
in real estate, media, entertainment, tourism, healthcare, and hospitality.
·
The Hindi newspaper Rashtriya Sahara was started in 1992. In the
late 1990s, the ambitious Aamby Valley City project near Pune was
initiated. In 2000, Sahara TV was launched which was later renamed Sahara One. In 2003, Sahara started three weeklies: Sahara Time
(English), Sahara Samay (Hindi) and Sahara Aalmi (Urdu).
·
In 2010, Sahara purchased the iconic Grosvenor House Hotel in London, and 2012 the historic Plaza Hotel in New York City.
·
Sahara claims to have a workforce of more than a million,
including salaried employees and field workers. In 2013, 121,653 of its
employees gathered in Lucknow to sing India's national anthem, setting a world
record.
·
Sahara is said to have 29.6 million investors, representing
about 8.5% of all households in India.
Major
Works
· In 2013, Sahara contributed to the
relief efforts in flood hit Uttarakhand region wherein one lakh bottles of drinking water,
juice bottles and food packets along with candles and match boxes were said to
be provided by them. There were 25 medical health unit vans equipped with
doctors and free medicines made available and It was said by the group that,
they will contribute to the rehabilitation programme by constructing 10,000
pre-fabricated houses.
· Post Kargil War, the then Prime Minister of India Atal Bihari Vajpayee quoted Sahara India led by him for providing financial support to the 127
families of martyrs.
Awards
& Achievements
·
Subrata Roy received an honorary doctorate in business
leadership from the University of East London (2013).
·
He also received the Business Icon of the Year award at the
Powerbrands Hall of Fame Awards in London in 2011. He has been the ITA –
TV Icon of the Year 2007. He has received the Global Leadership Award in 2004.
·
He received Businessmen of the Year Award in 2002, the Best
Industrialist Award in 2002, Vishisht Rashtriya Udaan Samman (2010) by a daily
from India’s top most publication house, Vocational Award for Excellence (2010)
by Rotary International, Karmaveer Samman (1995), Udyam
Shree (1994), Baba-E-Rozgar Award (1992) and the National Citizen Award in
2001.
·
He was awarded a general jury award by the Indian Television
Academy Awards. He has been also awarded with honorary degree of D. Litt. by Lalit Narayan
Mithila University, Darbhanga. Moreover, he has been featured regularly in
the India Todaylist of 50 Most Powerful People of India, since 2003.
·
In 2012, Roy was named among the 10 most influential
businessmen in India by the news magazine India Today.
·
In 2004, Sahara India was termed by Time magazine as "the second largest employer in
India" after Indian Railways.
Personal
Life & Legacy
·
Since March 2014 he is under judicial custody with a bail
amount of 100 Billion Indian Rupees, Sahara India Pariwar - Issuance of
Optionally Fully-Fully-Convertible Debentures, by his two group companies,
Sahara India Real Estate Corporation Ltd. (SIRECL) and Sahara Housing &
Investment Corporation Ltd. (SHICL).
Guruji. A. Sivaguru Swamy
Whatsapp Skype IMO 9963334337 Facetime 9346346956
Skype – sivaguruswamy29
45/2, Opp.Railway Station, Sirkali Tq, Vaitheeswaran Koil,
Naagai Dist, Tamilnadu–609 117
Email – sivaguruswamy1@gmail.com
Our Bangalore Branch Office :
House No.20, Nagamma Layout, Kullappa Circle, Nehru Main Road, Near Om Shakthi Temple, Bangalore, Karnataka - 560084.
Mob : +91 - 99633 34337
Our Bangalore Branch Office :
House No.20, Nagamma Layout, Kullappa Circle, Nehru Main Road, Near Om Shakthi Temple, Bangalore, Karnataka - 560084.
Mob : +91 - 99633 34337
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