19 Facts About Subrata Roy

Subrata Roy was born on 10 June 1948 and is an Indian businessman who founded Sahara India Pariwar in 1978.

Subrata Roy was born in Bengali Hindu family in Araria on 10 June 1948 to Sudhir Chandra Roy and Chhabi Roy.

Subrata Roy studied at Holy Child Institute in Kolkata and later studied mechanical engineering from Government Technical Institute, Gorakhpur.

Subrata Roy joined Sahara Finance, a struggling company, in 1976, that ran a chit fund and took it over.

Subrata Roy now has interests in financial services, education, real estate, media, entertainment, tourism, healthcare, and hospitality.

Subrata Roy has been planning to foray into online education in India, which is targeted at small towns and villages.

Subrata Roy has put a team in place which consists of members from top universities and colleges across India, and even abroad.

In June 2019, Subrata Roy announced his foray into the automobile sector under the brand name 'Sahara Evols'.

Subrata Roy owned Hotel Sahara Star Mumbai has joined hands with Feeding India to give back to the society.

Subrata Roy received an honorary doctorate in business leadership from the University of East London.

Subrata Roy received the Business Icon of the Year award at the Powerbrands Hall of Fame Awards in London in 2011.

Subrata Roy has received the Global Leadership Award in 2004.

Subrata Roy received Businessmen of the Year Award in 2002, the Best Industrialist Award in 2002, Vishisht Rashtriya Udaan Samman by a daily from one of India's top publication houses, Vocational Award for Excellence by Rotary International, Karmaveer Samman, Udyam Shree, Baba-E-Rozgar Award and the National Citizen Award in 2001.

Subrata Roy was awarded a general jury award by the Indian Television Academy Awards.

Subrata Roy has been awarded honorary degree of D Litt.

In 2012, Subrata Roy was named among the 10 most influential businessmen in India by the news magazine India Today.

On 26 February 2014, the Supreme Court of India ordered the detention of Subrata Roy for failing to appear before it in connection with legal dispute with Market Regulator - SEBI.

Subrata Roy has rejected allegations of misconduct and has alleged Indian National Congress of witch hunt due to his opposition to Sonia Gandhi over becoming the country's prime minister.

Subrata Roy was granted his first bail in May 2017 for four weeks to perform the last rites for his deceased mother, later extended to 24 October.