16-557: Vineet Jain (Managing Director) Bennett Coleman and Company Limited (abbreviated as B.C.C.L. and d/b/a The Times Group ) is an Indian media conglomerate headquartered in Mumbai , Maharashtra . The company, which is a family-owned business , publishes The Times of India newspaper, which is the highest selling daily English-language newspaper in India, in addition to several radio stations, television channels such as Times Now ,
32-550: A bank and an insurance company of which he was the Chairman. In 1955, this came to the attention of the socialist parliamentarian Feroze Gandhi who was part of the ruling Congress party headed by his estranged father-in-law Jawaharlal Nehru . In December 1955, he raised the matter in the Parliament , documenting extensively the various fund transfers and intermediaries through which the acquisition had been financed. The case
48-578: A division of BCCL in 2004 to create an exchange for job seekers and employers on the internet. With the growth of internet attaining rapid speed and being a highly profitable venture, Times Business Solutions – A division of Times Internet Limited was born as the " Internet Initiatives " of BCCL. Times Group, others put $ 20 million into Square Yards in September 2019. Times Internet is an Indian company which owns, operates and invests in various Internet-led products, services and technology . Radio Mirchi
64-589: A legacy of 180+ years and publishes leading Indian general and business newspapers – The Times of India and The Economic Times. Vineet Jain was born in Kolkata. He graduated from the American College of Switzerland and joined the Times Group in 1987. Vineet Jain handles the day to day operations of Times Group's entertainment and TV businesses. Jain is the great-grandson of Ramkrishna Dalmia,
80-583: Is a nationwide network of private FM radio stations in India . Vineet Jain Vineet Jain (born 1966) is an Indian entrepreneur and current Managing Director of Bennett, Coleman & Co. Limited, India’s oldest and largest media group in India, also known as Times Group. The Times Group is present across the media spectrum with a presence in Print, TV, Internet, Radio, Events and OOH. The Times Group has
96-913: The FERA ( Foreign Exchange Regulation Act ). Again, the Times was accused of distorting facts pertaining to the case, even giving Ashok's indictment by the Enforcement Directorate the tint of a larger conspiracy against the Jain community in general. Adding to the controversy were sacked editor H.K. Dua's claims that his dismissal was retaliation for his refusal to comply with Ashok Jain's request to help him out by using his editorial position to build up public support besides lobbying with politicians. The ED, Delhi, arrested Jain from his Carmichael Road residence in Mumbai after 18 months in various courts. Jain
112-509: The Times of India Group, was taken over from its British owners in 1946 by industrialist Ramkrishna Dalmia. Ramkrishna Dalmia (7 April 1893 – 26 September 1978) was a pioneer industrialist and founder of the Dalmia-Jain group or Dalmia Group and The Times Group. The name is variously written as Ram Krishan Dalmia and Ram Kishan Dalmia. In 1947, Dalmia engineered the acquisition of the media giant Bennett, Coleman by transferring monies from
128-572: The company, died in a helicopter crash in 2001. Jain is divorced. He splits his time between homes he shares with his brother in New Delhi and Mumbai. Ashok Kumar Jain Ashok Jain (1934 – 4 February 1999) was the Chairman of Bennett, Coleman & Co., the parent company of The Times of India and other large newspapers. Ashok Jain was indicted and arrested in 1998, a year before his death, in connection with an alleged violation of
144-665: The company. Jain would buy the company a few years later and the company would be primarily run by his family in the years after. The company expanded its presence in the Indian media sphere by founding different papers and local editions of The Times of India . The Times of India press published a number of influential English (e.g. Illustrated Weekly of India 1880-1993) and Hindi magazines (e.g. Dharmyug 1949-1997, Sarika, Dinaman 1965-1990s, Parag 1958-1990s), edited by distinguished authors including Khushwant Singh , Dharmveer Bharti , Agyeya and Sarveshwar Dayal Saxena . However,
160-485: The film magazine Filmfare , and the women's magazine Femina . The Sahu Jain family continues to own a majority of the stake in the group, and in May 2023 the Times Group was split into two separate business entities between brothers Vineet Jain and Samir Jain, such that its radio and broadcast properties would remain with Vineet Jain and its print properties would be under Samir Jain. The Bombay Times and Journal of Commerce
176-410: The founder of The Times Group and Dalmia Group . His grandfather, Shanti Prasad Jain , took over the company from Ramkrishna Dalmia. Shanti Prasad's son, Ashok Jain , took control of the company in the 1960s and was chairman of B.C.C.L. until his death in 1998 from heart failure. Jain's mother, Indu Jain , used to hold the title of chairman of B.C.C.L. His sister Nandita Judge, who also worked at
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#1732782370642192-610: The organisation faced financial difficulties, and most of them were closed down during the 1990s. The sons of Sahu Ashok Jain , Sahu Samir Jain and Vineet Jain are credited with reviving the financial success of the group with newer and more profitable ventures. The Times Group owns the following channels. Times Business Solutions – A division of Times Internet Limited is a limited company, wholly owned by Bennett Coleman Company Limited (The Times Group). TBS develops web sites within areas such as recruitment , real estate and matrimonials such as SimplyMarry.com. TBS started as
208-471: The paper saw its ownership change several times until 1892 when an English journalist named Thomas Jewell Bennett along with Frank Morris Coleman (who later drowned in the 1915 sinking of the SS Persia ) acquired the newspaper through their new joint stock company, Bennett, Coleman & Co. Ltd . (BCCL). At the time, some 800 people were employed by the paper. The company, by that time consolidated in
224-463: Was first published on 3 November 1838 as a predecessor to what would become The Times of India . While starting as a biweekly paper, it was converted to a daily in 1850. In 1859 the paper was merged with two other papers into the Bombay Times and Standard under editor Robert Knight . Two years later, in 1861, the paper got a more national scope with the title The Times of India . Subsequently
240-676: Was investigated by the Vivian Bose Commission of Inquiry. In the court case that followed, where he was represented by the leading British attorney Sir Dingle Mackintosh Foot , he was sentenced to two years in Tihar Jail . But for most of the jail term he managed to spend in hospital. During this period the company was run by his son-in-law Sahu Shanti Prasad Jain. Upon his release his son-in-law Sahu Shanti Prasad Jain to whom he had entrusted running of Bennett, Coleman & Co. Ltd. rebuffed his efforts to resume command of
256-536: Was married to Indu Jain by whom he had two sons, Samir Jain , Vineet Jain and a daughter Nandita. He died on 4 February 1999 in Cleveland , United States at age of 64, following a heart transplant on 10 January. Even after his death, his contribution to the society was noted as the managing trustee of the Bharatiya Jnanpith, which is a leading organisation devoted to the promotion and recognition of
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