Sahara shree
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SAHARA SHREE
SUBRATO ROY SAHARA
INTRODUCTION Subrato Roy was born
in Araria in Bihar, India on 10th of June in 1948.
He studied at Holy Child School in Kolkata and later studied diploma in mechanical engineering from Government Technical Institute, Gorakhpur.
Roy started his first business in Gorakhpur.
SUBRATO ROY Father: Mr. Sudhir Chandra Roy Mother: Srimati Chhavi Roy Wife: Swapna Roy Children:
Mr Sushanto Roy- Chief Executive Officer
Mr Seemanto Roy- Executive Director
Promoters and Directors Mr. Subrata Roy Sahara - Chairman & Managing Director Mrs. Swapna Roy - Non - Executive Director Mr. Om Prakash Srivastava - Non - Executive Director Mr. Joy Broto Roy - Non - Executive Director Mr. Sushanto Roy - Executive Director and CEO Mr. Seemanto Roy - Executive Director
Independent Directors Mr. Amitabh Ghosh - Former Dy. Governor of Reserve
Bank of India Mr. Rajeev Ratna Shah - Retired Indian Administrative
Services Officer Justice Kamal Narain Singh - Former Chief Justice of
India Mr. Madhukar - Former Member of SEBI/Former Banker Mr. D.P. Bagchi - Retired Indian Administrative Services
Officer Mr. Devi Dayal - Retired Indian Administrative Services
Officer
BUSINESS CAREER Roy joined Sahara Finance, a struggling
company, in 1978, that ran a chit fund and took it over. He changed its financial model.
They are termed residuary non-banking companies (RNBCs) that accept deposits of very low amounts.
In 1990s, Roy moved to Lucknow which became the base of his empire.
His Sahara City project covering 170 acres was launched in 1990.
The company now has interests in real estate, media, entertainment, tourism, healthcare, and hospitality.
SAHARA SHREE with his employees
The Hindi newspaper Rashtriya Sahara was started in 1992.
In 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).
AAMBY VALLEY CITY (LONAVLA)
Land area=10,000 acreWater surface=421 acre
In 2010, Sahara purchased the iconic Grosvenor House Hotel in London,
and in 2012 the historic Plaza Hotel in New York City.
In 2013, Sahara made a bid for Oakley Court Hotel, in Windsor, but was not successful.
Sahara has 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 the India's national anthem, setting a world record.
121,653 employees gathered in Lucknow to sing the India's national anthem.
Sahara is said to have 29.6 million investors.
Sahara collected sums as small as Rs. 20 rupees a day from people like rickshaw pullers, dhobis and tire repairmen.
SWOT ANALYSIS
Strength 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 2nd largest employer in India after the Indian Railways.
910,000 workers/ employees and no trade union.
Holds the Guinness world record for planning 125,256 trees by 1400 volunteers in 6 hours and 35 minutes on 5th June 1988 at Aamby valley city.
Hold the record in India for 25%-50% hike in the gross salary of all of its employees at one go.
Conducts mass marriage ceremony of 101 underprivileged girls every year.
Weakness Lack of Innovative Plans as they are
comparatively new in the insurance industry.
Lack of Infrastructure as compared to bigger insurance players.
Lack of advertising causing low brand visibility.
Opportunity High earning Urban Youth looking for
investment options. Educated people are looking for
investment options in diverse portfolios.Threats Fluctuating economic scenarios. Entry of new NBFCs (non banking
financial companies) in the sector, increasing competition.
HUMANITARIAN EFFORTS 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 provided by them.
There were 25 medical health unit vans equipped with doctors and free medicines made available.
They contribute to the rehabilitation programme by constructing 10,000 pre-fabricated houses.
AWARDS AND HONORS Subrato Roy Sahara has 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 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.
He has been featured regularly in the India Today (India’s leading magazine) list 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, the company was termed by Time magazine as "the second largest employer in India" after Indian Railways.
He has written two books. "Shanti, Sukh, Santushti" 1994, Essays
on peace of mind and happy living. "Maan, Samman, Atmasamman"
CURRENT SCENARIO Sahara chief Subrato Roy has been taken
into custody in the month of March, 2014 as he was unable to appear in the court due to his 92 year old mother's illness.
The court demanded for huge money for his bail and hence many property selling proposals have been sent to big company's and sheikhs but many of them refused it.
As per the current scenario, he faced a lot of problem in bid to sell Sahara Group's US, UK hotels that doesn't allow him to get bail as early as possible.
SAHARA SHREE in police custody
THANKS!!!!
www.sahara.in