Mumbai: Indu Jain, the Chairperson of India’s largest media group, Bennett, Coleman & Co. Ltd., is no more. She passed away on Thursday at 9:35 PM due to Covid19 related complications.
Popularly known as the Times Group, the group owns the Times of India and other large newspapers and News Media Networks.
Indu Jain is regarded as a prominent Indian media personality who belongs to the Sahu Jain family. She was awarded the Padma Bhushan by the Government Of India in January 2016
She founded The Times Foundation, which runs Community Services, Research Foundation and Times Relief Fund for disaster reliefs like floods, cyclones, earthquakes and epidemics.
According to Forbes 2015 rankings, Indu Jain had a net worth of $3.1 billion and was ranked 57th-richest person in India and 549th-richest person in the world.
Indu Jain was married to Late Mr.Ashok Kumar Jain by whom she had two sons, Samir Jain, Vineet Jain and a daughter.
Indu Jain is also founder President of the Ladies wing of FICCI (FLO) as of March 2017. She is also the Chairperson of Bharatiya Jnanpith Trust, which awards the prestigious Jnanpith award.