SAHAJANAND INSTITUTE OF MANAGEMENT

SUBMITTED TO: AMI PANDYA

PREPARED BY: CHIRAG D PANCHOLI

CLASS: A

ENROLMENT NO.:

SUBJECT: SUBRATA ROY

Subrata Roy Sahara

Born:10 June 1948 (age 63)

Araria, Bihar

Residence: Lucknow

Nationality: India

Ethnicity: Bengali

Citizenship: India

Occupation:

Managing Worker & Chairman of Sahara India Pariwar

owner of Pune Warriors India(IPL Team), Grosvenor

House, Aamby Valley City, Sahara Hospital, Samay

News Channels, Sahara One Entertainment Channel,

Filmy Channel, Sahara Star Hotel

Years active: 1948-Present

Subrata Roy Sahara (Born 10 June 1947 at Araria 40 km. North to Poornia, Bihar) is the chairman and Managing Worker of the Sahara Group of

companies based in India. Chairman of the Sahara Group, he is the head of the $10bn (£5.5bn) Sahara Group. Sahara Group has interests in banking, aviation, media and housing.

Subroto Roy began his journey in 1978, when he founded Sahara in 1978 with three workers in the northern state of Uttar Pradesh as a small deposits para-banking business. From an asset base of USD 43 in 1978 when it was founded, the group has today exponentially grown to become a conglomerate with assets having a Market Value of more than INR 2,15,000 crores (USD 50 billion).

Today, the group has diversified into a giant business conglomerate with interests in housing, entertainment, media and aviation. Sahara Group presently runs a private airline, entertainment and news television channels, a newspaper, and claims to own some 33,000 acres of real estate across India. It also sponsors the Indian cricket and hockey teams and intends to move into life insurance, housing finance, consumer products, sportswear, and healthcare.

Sahara Group has come up with one of the most prestigious real estate projects in India, namely Amby Valley Project. The project boasts some of the biggest name in Indian entertainment and sports arena as well as some former international Olympic medal winners as its brand ambassadors. Sahara Airline was recently in news for its merger with Jet Airlines. But the deal fell through.Sahara Group has a huge complex in Lucknow, Uttar Pradesh. The complex is known as Sahara City. Subrato Roy is famous for his flamboyant lifestyle. The wedding of his two sons became talk of the town. The who's who of Indian elite attended it and its expenditure ran into hundreds of crores. Subroto Roy calls himself as the group's "chief guardian".

Mr. Subrata Roy Sahara, age 61 years, is the Chairman and Managing Director of the Company. He holds a diploma in Mechanical Engineering from Government Technical Institute, Gorakhpur]. Mr. Subrata Roy Sahara has over 32 years of experience in entrepreneurship and business devlopment and over 18 years of experience in the real estate industry. Mr. Subrata Roy Sahara has held several important industrial, financial and diplomatic positions and presently, he is the Chairman and Managing Director of the Company. He is the Chairman and a Member of the [Management] and IPO committee of the company.

Mr. Subrata Roy Sahara has been conferred the ITA – TV Icon of the Year (2007), Global Leadership Award (2004), Businessmen of the Year Award (2002), the Best Industrialist Award (2002), National Citizen Award (2001), Karmaveer Samman (1995), Udyamshree (1994), Baba-ERozgar (1992), Noble Citizen Award (1986) among several others. Mr. Subrata Roy Sahara has been successively featured in the prestigious list of 50 Most Powerful People of India in the reputed India Today Magazine since 2003.

Subrata Roy Sahara has written two books 'Shanti, Sukh & Santushti’ and ‘Maan, Samman, Atmasamman’ on the philosophy of life.

In business profit earnings and overall growth of business get the highest priority and are certainly creditable, but ultimate credibility of business enterprise, particularly of larger ones is in the utilization of profit, be it for best possible upliftment of its workforce and for espousing Social, National Development causes or for rendering services to mankind as a whole. Fulfilling the Qualitative aspect of utilization of profit, the world's largest family ‘Sahara India Pariwar' is proud to have reached today new horizons of growth and development.

On the basis of our philosophy of Collective Materialism we have always given importance to the fact that profit earning is the Quantitative aspect whereas the proper utilization of profit is the Qualitative aspect. Ironically, we only recognise and get recognised by the Quantitative aspect.

I, therefore earnestly appeal to one and all in Politics, Media, Business etc. that every action, reaction, selection, appreciation or criticism should be oriented strictly towards the Qualitative aspect. I appeal to anybody and everybody to accord top priority to Qualitative aspect in anything and everything for peaceful, prosperous and progressive co-existence of mankind anywhere and everywhere.

Today, I feel proud of the fact that I am the Guardian of the World's largest family. Perhaps, I am the world's only person whose family is so vast, so disciplined, so dedicated and so committed. Such a vast family as Sahara India Pariwar has a grand and infinite future and I am sure that we will sustain our duty, consciousness, discipline and dutifulness with a sense of dedication, as we have always done in the past, so that together we could build an India full of energy and radiance.

"Saharasri" Subrata Roy Sahara Managing Worker & Chairman Sahara India Pariwar