Managing Worker and Chairman of Sahara India Pariwar, one of the biggest conglomerates of India, Subrata Roy Sahara, fondly called Saharasri, received heart touching tributes from people from all.
The Group, as per the claims made on the official website, has 9 crore investors and customers, a net worth of Rs 259,900 crore, 5,000 establishments and 30,970 acres of land bank.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall.
Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978.
He started with a capital of about Rs 2,000, a peon, a clerk and his father s Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story.
Sahara was not his first venture.