News: Subrata Roy, the luminary responsible for founding Sahara Group, has regrettably departed at the age of 75 after an extended struggle with health challenges. Sahara Group officially announced his passing, disclosing that he had been receiving medical care for metastatic malignancy, hypertension, and diabetes.
In 1976, Roy embarked on his entrepreneurial odyssey by acquiring Sahara Finance, later transforming it into Sahara India Pariwar. This strategic move laid the foundation for Sahara Group’s ascent as a premier conglomerate in India. Under Roy’s visionary leadership, the group spearheaded numerous triumphs, initiating impactful projects such as Rashtriya Sahara, a renowned Hindi newspaper, the Aamby Valley City project, and Sahara TV.
Despite encountering legal hurdles throughout his professional journey, Roy’s noteworthy contributions to the business realm garnered recognition. He received prestigious accolades, including an honorary doctorate in business leadership and the esteemed Business Icon of the Year award. Furthermore, he actively participated in initiatives such as Sahara Evols, emphasizing electric vehicles, and had ambitious plans to enter the online education sector with Edunguru.
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Born on June 10, 1948, in Araria, Bihar, Roy belonged to a Bengali Hindu family. He was married to Swapna Roy, and the couple had two sons named Sushanto Roy and Seemanto Roy. At the time of his demise, his net worth was reported to be INR 5 Crore.
The imprint Subrata Roy left on the business world and his invaluable contributions to the Sahara Group will endure in memory. His legacy encompasses the metamorphosis of Sahara Finance into a flourishing conglomerate, along with a myriad of ventures and initiatives that have left an indelible mark across various industries.
A: Subrata Roy achieved great success in transforming Sahara Finance into Sahara India Pariwar and launching projects such as Rashtriya Sahara, Aamby Valley City, and Sahara TV.
A: Subrata Roy was honored with an honorary doctorate in business leadership and the Business Icon of the Year award.
A: At the time of his passing, Subrata Roy’s net worth was INR 5 Crore.
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