Sahu Shanti Prasad Jain
Indian businessman (1911–1977)
Sahu Shanti Prasad Jain was an Indian industrialist and philanthropist. He was the son-in-law of Ramkrishna Dalmia and former chairman of Bennett, Coleman.2
From Wikipedia’s article on Sahu Shanti Prasad Jain (this version), CC BY-SA 4.0.
Born May 22, 1911, died Oct 27, 1977.1
About
His family, Sahu Jains, owns the Times of India newspaper group.
From Wikipedia’s article on Sahu Shanti Prasad Jain, shared under CC BY-SA 4.0.2
Companies
- Bharatiya JnanpithFounder8
Early life and education
- Date not recordedBanaras Hindu University3
He was born in the Sahu Jain Family at Najibabad in what is now Uttar Pradesh on 22 May 1911.
From Wikipedia’s article on Sahu Shanti Prasad Jain (this version), CC BY-SA 4.0.
Career
Occupation: entrepreneur.5
- Date not recordedFounded Bharatiya Jnanpith4
He founded Bharatiya Jnanpith on 18 February 1944 at the suggestion of many scholars who had gathered at Varanasi for the All India Oriental Conference. Since 1965 Bharatiya Jnanpith has been awarding an annual literary award, the Jnanpith Award, for the best creative Indian literary work of a specified period.
Bennett Coleman
In 1947, Ramkrishna Dalmia engineered the acquisition of Bennett, Coleman by transferring moneys from 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 parliament, documenting extensively the various fund transfers and intermediaries through which the acquisition had been financed. The case was investigated by the Vivian Bose Commission of Inquiry.
In the court case that followed, where Dalmia was represented by the leading British attorney Sir Dingle Mackintosh Foot, he was sentenced to two years in Tihar Jail. Upon his release, Ramkrishna approached his son-in-law Sahu Shanti Prasad Jain to whom he had entrusted running of Bennett, Coleman & Co. Ltd for taking back the command. But Sahu rebuffed Ramkrishna's efforts to resume command of the company.
From Wikipedia’s article on Sahu Shanti Prasad Jain (this version), CC BY-SA 4.0.
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2WikipediaSahu Shanti Prasad Jain on Wikipedia
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- 8WikidataBharatiya Jnanpith, Founder