Shobhana Bhartia Explained

Shobhana Bhartia
Birth Date:1957 1, df=yes
Birth Place:Calcutta, West Bengal, India
Nationality:Indian
Father:KK Birla
Spouse:Shyam Sunder Bhartia
Awards:Padma Shri
Party:Indian National Congress
Term:2006–2012
Occupation:Business magnate
Module:
Embed:yes
Office:Member of Parliament, Rajya Sabha
Constituency:Nominated
Termstart:16 February 2006
Termend:15 February 2012

Shobhana Bhartia (born 4 January 1957) is an Indian businesswoman. She is the chairperson and editorial director of the HT Media, one of India's largest newspapers and media houses,[1] which she inherited from her father. She has also recently taken charge as the Chancellor BITS School of Management and Pro-Chancellor of BITS-Pilani (Birla Institute of Technology and Science, Pilani) which was founded by her grandfather G. D. Birla and is the current chairperson of Endeavor India.

Closely associated with the Congress party, Shobhana served as a nominated member of the Rajya Sabha, the upper chamber of the Indian parliament from 2006 to 2012. In 2016, she was listed as the 93rd most powerful woman in the World by Forbes.[2] She is married to Shyam Sunder Bhartia, owner of Noida based Jubilant Bhartia Group.

Background

Born in a Marwari family on 4 January 1957,[3] [4] Bhartia is the daughter of the industrialist and Congress party member KK Birla, and the granddaughter of GD Birla, one of the Birla family patriarchs. The KK Birla family owned 75.36 per cent stake in HT Media, valued at ₹834 crores in 2004.[5] She grew up in Kolkata and had her schooling at Loreto House.[6] She is a graduate of Calcutta University,[7] and is married to Shyam Sunder Bhartia,[8] Chairman of the ₹1400 crore pharmaceutical firm Jubilant LifeScience Limited (a spinoff from the earlier chemicals venture Vam Organics). Shyam Sunder Bhartia is son of Late Mohan Lal Bhartia. She has two sons, Priyavrat Bhartiya, born on 4 October 1976 and Shamit Bhartiya, born on 27 April 1979. Their son Shamit Bhartia is also a Director at the HT Media group, and also looks after lifestyle businesses such as the Domino's Pizza franchise and also convenience store chain Monday to Sunday in Bangalore.[9] In 2013, Shamit Bhartia married Nayantara Kothari, daughter of Bhadrashyam Kothari, a Chennai-based industrialist and Nina, daughter of Dhirubhai Ambani.

Media career

Bhartia joined Hindustan Times in 1986, as a 29 year old and directly as Chief Executive. She was the first woman chief executive of a national newspaper and probably one of the youngest. She is considered to be one of the motive forces behind the transformation of the Hindustan Times "into a bright, young paper."[10] She looks after editorial as well as financial aspects, and is credited with raising ₹400 crore through a public equity launch of HT Media in September 2005.[11]

She has received the Global Leader of Tomorrow award from the World Economic Forum (1996). She is also the recipient ofthe Outstanding Business Woman of the Year, 2001, by PHD Chamber of Commerce & Industry, and National Press India Award, 1992. She has also won the Business Woman award, The Economic Times Awards for Corporate Excellence awards 2007. She was named one of Forbes Asias 50 Women in the Mix.[12] She has received the Delhi Women of the Decade Achievers Award 2013 from the ASSOCHAM Ladies League in recognition for her Excellence in Nation Building through Media & Leadership.

Political career

Shobhana was one of the first Padma Shri award nominees in 2005.[13] The award was given for journalism. The following year, in February 2006, Shobhana was nominated to the Rajya Sabha, the upper house of parliament, on a recommendation by the ruling United Progressive Alliance headed by Sonia Gandhi.[14] The nomination, reserved for eminent people from the fields of literature, science, art and social service, was challenged in the Supreme Court of India[15] on the grounds that she was a "media baron" and not a journalist, and that she was politically affiliated with the Indian National Congress. However, the court dismissed the appeal at the admission stage itself, saying that the scope of "social service" was broad enough to include her. She introduced "The Child Marriage (Abolition) and Miscellaneous Provisions Bill, 2006".[16] Among her close friends included BJP politician Arun Jaitley.[17]

External links

Notes and References

  1. News: 24 September 2019 . India's most powerful women in business: Guess which B'wood celeb is on it? . .
  2. Web site: World's Most Powerful Women . 7 June 2016 . Forbes.
  3. Book: Jain, Gunjan . Shobhana Bhartia: (Penguin Petit) . 2018 . Penguin Random House India Private Limited . 9789353054175 . en . 12 November 2019.
  4. Web site: Members Page . 17 October 2020 . Rajya Sabha Secretariat . The website generates a random link for all members making it difficult to check the source next time. So it can be navigated to using this link "https://rajyasabha.nic.in/rsnew/member_site/alphabeticallist_all_terms.aspx".
  5. News: 28 October 2004 . Business Empires: The Birlas: Hindustan Times . . dead . 19 June 2007 . https://web.archive.org/web/20050707085403/http://economictimes.indiatimes.com/corpbirlashow/902250.cms . 7 July 2005.
  6. News: Naazneen Karmali . 28 August 2008 . Paper Tigress . Forbes . 6 March 2012.
  7. http://www.sebi.gov.in/dp/htmed.pdf HT Media Group Prospectus
  8. News: Bhupesh Bhandari . 27 December 2005 . Hari Bhartia's mantra for success: The Rediff Interview/Hari Bhartia, MD, Jubilant Organosys . . 19 June 2006.
  9. News: Sandhya Iyengar . 2 June 2003 . Temptation is its other name . . dead . https://web.archive.org/web/20030701134847/http://www.hindu.com/thehindu/mp/2003/06/02/stories/2003060200750200.htm . 1 July 2003.
  10. News: Pradyuman Maheshwari . 20 April 2003 . Top 50 power points in the media . .
  11. News: 2 September 2005 . HT Media debuts on BSE at Rs 685 . The Hindu Business Line . 19 June 2007.
  12. Web site: Scott . Mary E. . Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business . 3 March 2013 . Forbes Asia.
  13. Web site: 2015 . Padma Awards . 21 July 2015 . Ministry of Home Affairs, Government of India.
  14. News: 18 February 2006 . Nominated to Rajya Sabha . . dead . 19 June 2007 . https://web.archive.org/web/20060324051528/http://www.hindu.com/2006/02/18/stories/2006021815040900.htm . 24 March 2006.
  15. News: Legal Correspondent . 29 April 2006 . Plea against nomination to Rajya Sabha rejected . . dead . 19 June 2007 . https://web.archive.org/web/20080927000432/http://www.hindu.com/2006/04/29/stories/2006042904821300.htm . 27 September 2008.
  16. Web site: December 2006 . The Child Marriage (Abolition) and Miscellaneous Provisions Bill, 2006 . Parliament of India, Rajya Sabha.
  17. Web site: Dev . Atul . 1 December 2018 . History repeating at Shobhana Bhartia's Hindustan Times . subscription . 15 February 2020 . . en.