Sanjay Gupta (businessman) explained

Sanjay Gupta
Birth Name:Sanjay Raghunathprasad Gupta
Birth Date:1963
Birth Place:Patna Bihar, India
Death Date:2021
Occupation:Promoter of Neesa Group[1]
Alt:Sanjay Gupta

Sanjay Raghunathprasad Gupta (1963–2021) was an Indian businessman and civil servant. He was chairman and founder of Neesa Group of companies.

Career

Sanjay Gupta is a civil engineer from Indian Institute of Technology, Roorkee and a diploma holder in finance from Institute of Chartered Financial Analysts of India (ICFAI University) and an Indian Administrative Service (IAS) officer working with the government of Gujarat for 17 years (1985 to 2002) in various departments at top level positions.

Government

Sanjay Gupta joined IAS[2] at the age of 22 and started his career as Civil servant in Gujarat State.

Since then he has held top level positions in various departments of government[3] of Gujarat.

Later, he was managing director of Gujarat State Petroleum Corporation between 1997 and 2002.[4] While there, he helped set up a 160MW gas-based power plant, promoted the largest distributor of internet bandwidth in Gujarat, and launched a fuel consultancy business.[5]

Private sector

He worked as chief executive officer for Adani Group from 2002 to 2005.[6] [7] In April 2011, he was appointed as executive chairman of the Rs 12,000-crore Metro-Link Express for Gandhinagar and Ahmedabad project,[8] but resigned suddenly in August 2013.[9]

Gupta announced plans in 2012 to launch a national news channel based in Gujarat.

2015 arrest

In May 2015 Gupta and several others were arrested for their alleged involvement in a Rs 113 crore fraud in the Metro-Link project.[10] [11] He was released on bail for health reasons in December 2015.[12] [13]

Notes and References

  1. Web site: Promoter of Neesa Group.'. Indian Express. 13 August 2013.
  2. Web site: Sanjay Gupta joined IAS . Ahmedabad Mirror.
  3. Web site: Departments of Government . Business Standard.
  4. Web site: Gujarat State Petroleum Corporation.'. Babus of India. 5 September 2013.
  5. News: Gujarat's metro man set to start a news channel . 20 September 2012 . Indian Express .
  6. Web site: It's destination Cambay for ex-babu Sanjay Gupta. Times of India. 4 Mar 2011. 24 August 2014.
  7. Web site: Former bureaucrat Sanjay Gupta to launch PE fund, plans to raise USD 1 billion in next 5 years. 2019-09-12.
  8. News: Modi's Metro man Sanjay Gupta quits . 31 August 2013 . Ahmedabad Mirror . 11 October 2019 .
  9. Web site: Ex-IAS officer Sanjay Gupta resigns as MEGA chairman . Epaper Dnaindia. 31 Aug 2013 . 27 August 2017.
  10. Web site: Sports . Ahmedabad metro: Top officer held for 'fraud' . The Indian Express . 15 May 2015 . 27 August 2017.
  11. Web site: TNN . Executive chairman of Metrolink Express for Gandhinagar and Ahmedabad seeks ban on media coverage . The Times of India . 20 May 2015. 27 August 2017.
  12. News: India . Former IAS officer involved in Ahmedabad metro scam released on bail . The Indian Express . 8 December 2015 . 27 August 2017.
  13. News: Metro rail scam: Ex-IAS officer Sanjay Gupta gets bail . The Times of India . 5 April 2016 . 27 August 2017.