Sad News Sahara Group founder Subrata Roy has passed away

[Shubh_1733]

Sahara Group founder Subrata Roy has passed away at the age of 75 after a prolonged illness . RIP

https://twitter.com/x/status/1724486320641487323

 

[hike]

It was just yesterday I posted about Sahara GEC's most successful television serial Woh Rehne Waali Mehlon Ki.

Om Shanti

 

[Optimus_Prime]

After a glorious start of the career, the life wasted by doing mostly illigal things.
Any way, RIP.

 

[rohitvatsa]

He was suffering from lung cancer from a long time.His rise as well as fall was meteoric.At a time when there was little employment in India beyond govt. jobs,he had a work force of more than 10 lakh people.I know many people who earned their bread working for Sahara and many who made lot of money from its deposit schemes.Anyway as it is with most Indian entrepreneurs,he exceeded his limits and ended up earning notoriety.RIP!

 

[Msingh]

He was suffering from lung cancer from a long time.His rise as well as fall was meteoric.At a time when there was little employment in India beyond govt. jobs,he had a work force of more than 10 lakh people.I know many people who earned their bread working for Sahara and many who made lot of money from its deposit schemes.Anyway as it is with most Indian entrepreneurs,he exceeded his limits and ended up earning notoriety.RIP!

Business men should stay away from politics, his fall started when he made a statement for Sonia Gandhi.

Sahara’s Subrata Roy blames troubles on comment about Sonia Gandhi

Roy claims that his comment on the italian origin of Sonia Gandhi earned him the wrath of RBI

www.livemint.com

 

[rohitvatsa]

Business men should stay away from politics, his fall started when he made a statement for Sonia Gandhi.

Sahara’s Subrata Roy blames troubles on comment about Sonia Gandhi

Roy claims that his comment on the italian origin of Sonia Gandhi earned him the wrath of RBI

www.livemint.com

I am not sure whether his assessment was right but history tells us that the businessmen's lured by early success try to overdiversify,live a larger than life image end up ruining their business.Vijay Mallya is another example.Anyway i feel that once upon a time Subrata Roy was as powerful as Ambani and Adani are now and political parties realize their importance for funding needs and rarely end up in opposite camps unless their is serious personal issues.