Sahara Group founder Subrata Roy passes away

Subrata Roy, founder of Sahara Group, passed away in Mumbai after prolonged illness. He was 75 years old. He was admitted to Kokilaben Dhirubhai Ambani Hospital and Institute of Medical Research (KDAH) on Sunday due to deterioration in his health.

But it is known that he died without treatment. Sahara India Pariwar has released a press statement in this regard, Sahara India Pariwar is deeply saddened to announce the demise of our respected ‘Saharashri’ Subrata Roy Sahara.
Inspirational leader and visionary Saharashree Ji passed away on November 14, 2023 at 10.30 pm due to cardiac arrest after a prolonged battle with complications from metastatic cancer, high blood pressure and diabetes.

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Born on June 10, 1948 in Araria, Bihar, Subrata Roy established a vast empire spanning various sectors including finance, real estate, media and hospitality. Subrata Roy graduated in Mechanical Engineering from government Institute of Technology, Gorakhpur. He then ventured into business in Gorakhpur before taking over Sahara Finance in 1976.

By 1978, he had transformed it into Sahara India Parivar. It is one of the largest companies in India. The Sahara group started a Hindi language newspaper called Rashtriya Sahara in 1992 and later entered the television sector with Sahara TV.

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Subrata Roy was born in a Bengali Hindu family in Araria on 10 June 1948 to Sudhir Chandra Roy and Chhabi Roy. His father and mother came from Dhaka, Bikrampur, East Bengal (now Bangladesh) from a rich landlord family named Bhagyakul Zamindar.

Roy studied at Holy Child Institute in Kolkata and later studied mechanical engineering at Government Technical Institute, Gorakhpur. Roy started his first business in Gorakhpur.