Sahara India Pariwar founder Saharasri Subrata Roy is no more
Exceptionally ambitious, Saharasri built up one of India's largest
conglomerates from scratch, and wielded unchallengeable financial power
during good times.
NEW DELHI, Nov 14: Founder and chairman of Sahara India Pariwar Subrata Roy,
fondly called by welll-wishers as Saharasri passed away on Tuesday evening at
Kokilaben Dhirubhai Ambani Hospital in Mumbai, where he was admitted on Sunday
when his health deteriorated. He had been ill for quite some time and died of
cardiorespiratory arrest. He was 75.
Starting with a capital of Rs 2,000, Subrata Roy's business story began when
he launched Sahara India Pariwar in 1978. The company climbed steep heights
to become the biggest employer in the private sector in India providing jobs
to over ten lakh workers in a span of a decade.
In quick succession it became one of India's largest conglomerates, diversifying
into sectors like finance, infrastructure, automobile, retail, media, real estate,
aviation and insurance, and a frontrunner in entrepreneurship. The company has
more than 9 crore investors.
His enterprise acquired properties like New York's Plaza Hotel and London's
iconic Grosvenor House.
Sahara also sponsored the Indian cricket and hockey teams and owned a Formula
One racing team.
Of late, 'Saharasri' had been fighting legal battles over what has come to be
known as 'Sahara chit fund scam', which led to his incarceration for some time
in the recent past. The Securities and Exchange Board of India (SEBI) had accused
Sahara of raising funds without proper approvals. The Supreme Court ordered
refund of the deposits.
"Sahara India Pariwar is committed to upholding Saharasri's legacy and will
continue to honour his vision in driving our organisation," the company said
in a statement.
Born in Bihar's Araria on June 10, 1948, his family later moved to Gorakhpur
in Uttar Pradesh. From there he shifted to Lucknow in the 1990s and that remained
as his headquarters.
Subrata Roy is survived by wife Swapna Roy and two sons, Sushanto Roy and Seemanto
Roy, who live abroad.
An anatomy of NEET 2024: From the start till finish NEET will stay put as a conundrum jinxed as it is. What if it was thought angels would come down from the heaven to conduct the entrance exam if done at the Centre and if in the States, they would be conducted by the corrupt mortals. So NEET was born... It's 'guaranteed' that no party will ever be able to do what is required to be done in the country. Because of their genetics. Frauds will only multiply. Is there anything worse? Yes. Shoot the messenger!
A video shows the terrifying scene of the chopper swirling and dropping nose down mid-air around the helipad. In fact, the rear rotor had gone for a toss and the pilot was performing autorotation for a crash-landing. He pulled it off! Congrats!
True or false, Savitri claimed her husband had told her to throw Vinod into the canal as all that he does is eat. "How much torture can my son endure?" She picked him up when he was asleep.
Marking a decisive stage in the ongoing tussle between Governors and the Governments in some States, the Governor of Bengal has thrown down the gauntlet to the State police, asking the Raj Bhavan staff to refuse any enquiry from the cops in the sexual harassment case filed by a woman employee against him.
COMMENT: In many a case complaints can be frivolous, made under certain circumstances. So it is more in the interest of the accused that there is an investigation to clear his name. Denial may only mean acceptance of the guilt. Besides, quoting Constitutional immunity in sexual harassment cases is nothing short of a vulgarity of the feudal landlord. Nobody is above the law.
While the universal apprentice scheme will enable the educated youth to stand up (literally) in a country where the people are trampled by wretched politicians, and look about for avenues to earn a living confidently, the provision of student credit cards of up to Rs 10 lakh will ensure each and every student of this country receives equal opportunities to fulfil their aspirations of higher education irrespective of their financial conditions. It will be a game changer. These are on the lines of what US Vice-President Kamala Harris visualised to be happening to the Third World when she hailed Ajay Banga as a transformative World Bank President.
Peter Higgs is the father of the mysterious Higgs boson, otherwise called 'God Particle', which gives mass to all elementary particles, and created our universe. His contribution helped other scientists understand how the Big Bang created something out of nothing 13.8 billion years ago. The equations of particle physicists which did not have a leg to stand on till then, the 'God Particle' came as a Godsend. The theories so far to describe the universe did not hold water.
It was only by 2012, after 50 years of the boson discovery, that scientists at CERN could make the big announcement that they had finally found a Higgs boson using the Large Hadron Collider.
Higgs instantly broke into tears, tears of profound satisfaction, in the lecture hall where the announcement was made.
LEGAL REMEDIES: Last year, on the directive of the Supreme Court, the Governor granted assent to one Bill, and referred seven Bills to the President. The petition against the President also challenges the Governor's action of referring the Bills to her.
The unprecedented step by the State may also establish that it always upholds the Constitution and the rule of law in order to pre-empt any eventuality of getting dismissed on flimsy grounds invoking provisions of the Constitution later on; and, also provide a thrust to an emerging platform of regional forces pitted against the ongoing centralisation of every subject and activity in the country under one umbrella where the States will ultimately 'wither' away (for some time).
OPINION: Made to happen as it does just weeks ahead of the general elections, the arrest may signal, if not the cause of, far-reaching consequences in the course of Indian politics. The Opposition charges that the ruling party at the Centre has unleashed the police to catch a leader every other day for corruption allegedly indulged in in the present or the remote past in order to incapacitate any concerted opposition to the ruling dispensation.
The “My way or the highway" man, Trump has predicted 'apocalypse' for Americans if he is not elected the President in the upcoming election. He sounds “extremism, affection for violence." As always, he is also seeing what others don't, and repetitively using words like "(2020) election was stolen"! And that's a symptom! Delivering a no-holds-barred speech at a rally in Ohio, he also predicted the US won't see another election if he did not win the November battle against the incumbent President. With his savage push against the God-fearing Catholic, and the heap of criminal cases pending in the courts, the unpredictable Trump's nomination exposes a season of drought of leadership of calibre in the United States.
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The manager has defended himself saying that dry ice got mixed with mouth freshener by the negligence of the staff...After taking the mouth freshener the customers felt a burning sensation and started vomiting blood. Five of them were hospitalised. Two are in critical condition.
Harmful effects of dry ice: Ingested, dry ice can burn your mouth, esophagus and stomach as it sublimates on contact with the moisture of the organs and turns into CO2, apart from other damaging physical and chemical changes it induces. The pressure building up in the stomach due to sublimation can also rupture the stomach muscles. It turns lethal. In normal direct handling it leads to frostbite due to the cold temperature.
One of them is seen in CCTV being shot at close range. The motive is suspected to be personal enmity.
TAILPIECE: Almost every other day we hear of shootings in one place or other in the country. India will very soon replace the US as the world's No 1 in the incidence of mass shooting. It will eclipse terrorism as a source of concern. Who can help? At least, has it occurred to anyone's mind?
'This Moment' of Shakti fusion won the Best Global Music Album at the Grammys. Zakir Hussain has won two other awards too. In a great victory for Indians, five of them have won the Grammys this time. In other sections, Taylor Swift got her fourth Album of the Year award and Miley Cyrus got an award for the first time.
The Government scheme provides ₹ 51,000 per wedding of which ₹ 35,000 goes to the girl, ₹ 10,000 for wedding materials and ₹ 6,000 towards expenses for the ceremony.
“Two activists from the environmental movement ‘Riposte Alimentaire’ sprayed pumpkin soup on the armoured glass protecting the Mona Lisa, this Sunday, January 28, 2024, around 10 am (4aET),” a statement from the museum said.
It is not understood how undesirable elements are allowed to get so close to her
and play havoc with the artwork. Several times over this has happened in the
past, deranged minds masquerading as tourists and cultists venting their frustration.
A Spicejet passenger had a harrowing experience inside a tiny claustrophobic lavatory aboard a Mumbai-Bengaluru flight when he found to his bewilderment that the door was not opening.
Two days earlier, in a similar incident in the area, a domestic help was bitten by a pet dog in the lift when she was going for work.
Tailpiece: Sometimes appearing to outnumnber men and women on the streets, the stray dogs are turning more and more daring with sections of anti-social elements out there to feed and protect them in order to find a window for their unfulfilled love! There is an all-pervading feeling of lack of authority.
Ankit Tiwari had told the employee that “instructions had been received
from the Prime Minister’s Office to conduct an enquiry” and reopen the
“already disposed of” case and asked him to appear before the ED office
at Madurai on October 30, DVAC said. The doctor was allegedly
threatened with arrest and told to pay a bribe of Rs 3 cr to avoid the ED
probe, which was later negotiated down to Rs 50 lakh.
Tailpiece: We are made to believe RBI, CBI, ED, Judiciary as sacrosanct
and all others like railways, transport, revenue, education, PWD
departments are composed of us the mortals, absolutely corrupt! As if in
the sacrosanct places the angels descend from the heavens to work in the
night and fly away before day-break! Let's be true to ourselves, we are all
cut from the same cloth.
Apart from cash, Gill had also taken three planes as bribe and two of them
were leased out to Redbird Aviation Academy. With the result, flying
schools compromised on safety requirements and trainers met with
accidents several times.
Five people were arrested from a banquet hall in Sector 51 Noida on Thursday
where they were called to hold a rave party in a trap laid by the animal
rights group, PFA. They named Yadav but he was not present.