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I am fine, punish rumour-mongers: Subrata Roy
Publish Date : 6/11/2005 8:44:00 AM   Source : Business News Expressnewline.com

Three months after he vanished from public eye, Subrata Roy, founder and managing worker of the Rs.500-billion ($10.87 billion) Sahara group, resurfaced Friday in a recorded video clip shown by several channels.



"Some petty-minded people have been spreading all kinds of rumours about me," Roy, who turned 58 Friday, said in the clip.

"While I have urged the central government to enact a law to punish rumour- mongers, I would also ask you all to teach them a lesson of their life," he said in the clip, addressing employees of his group.

Roy - who has founded a group with interest that spans para-banking and aviation to broadcasting and real estate - also sought to explain why he had kept himself away from public eye for three months and the reason for not meeting anyone.

"I was trying to utilize all these months to recuperate and revitalize my energies so that I could life a healthy life for the next 20-25 years," said Roy, who maintained he was earlier suffering from blood pressure surges.

"I chose not to meet anyone because I do not like to discriminate between people wanting to see. I could not have allowed a close friend and denied audience to others," he said.

"I am among the one per cent disease-free people in this country."

For the past three months, there had been intense speculation in the media and the corporate world over the health of the flamboyant business tycoon who claims to have built his $10.87-billion business empire in just 27 years.

This had led to a habeas corpus petition in the Allahabad High Court, claiming some family members and officials had kept Roy in detention to siphon off his money. The petition was summarily dismissed last month.

Roy also gave an interview to two leading dailies that was published Friday in which he also sought to end speculation over a succession struggle within the group, adding that the empire would be handled by a trust he is forming.

The businessman was also shown doing a workout, practising yoga and playing cricket in photos that accompanied the interview.

The Sahara founder, who prefers using the title of managing worker, was in the limelight last year for spending billions of rupees in the wedding of his two sons, Sushanto and Seemanto.





Harvard students condemn Oxford University         Publish Date : 3/5/2007 7:11:00 AM  
Two Harvard students, including an NRI, have condemned Oxford University, where they are Rhodes scholars, as "outdated" and "frustrating" and dismissed its world famous Bodleian library as "less than inspiring".

Indian embassy to outsource jobs to American firm         Publish Date : 3/5/2007 7:10:00 AM  
After taking thousands of American jobs through outsourcing, India is planning to give a few back. The Indian embassy in the US capital is planning to outsource processing of visas to a US-based company.

Badal heads 18-member coalition ministry in Punjab(Final lead: Badal)         Publish Date : 3/3/2007 7:29:00 AM  
Octogenarian leader of the Shiromani Akali Dal (SAD) Parkash Singh Badal, on Friday took oath as Punjab's new Chief Minister and will lead an 18-member SAD-Bharatiya Janata Party (BJP) coalition ministry.

Bareilly eunuch adopts a girl child         Publish Date : 3/3/2007 7:22:00 AM  
It was a day of celebration for Saroj, a eunuch in Bareilly in Uttar Pradesh, as 'she' has become a 'mother' by adopting a baby girl.

Kalam offers prayer at Fatehpuri Masjid         Publish Date : 3/3/2007 7:16:00 AM  
Keeping a promise made two years ago, President A P J Abdul Kalam today offered prayers at the historic Fatehpuri Masjid in Chandni Chowk here along with thousands of Muslims.

Union Budget directionless, says Modi         Publish Date : 3/1/2007 8:41:00 AM  
Gujarat Chief Minister Narendra Modi today criticised the Union Budget by terming it as "directionless".

Centre allocates over Rs 100 crore for minority zones         Publish Date : 3/1/2007 8:38:00 AM  
Unfazed by the BJP's criticism over its welfare schemes for Muslims, the Congress-led Central Government has allocated over Rs 100 crore for development programmes in select districts with a sizeable population of minorities.

Kins of political bigwigs fail to find voters' favour         Publish Date : 3/1/2007 8:27:00 AM  
The assembly polls in Punjab turned out to be unkind for several kins of political bigwigs as voters rejected most of them barring some of Shiromani Akali Dal (SAD) supremo Parkash Singh Badal's near and dear ones.

High Court order on age of nursery admission tomorrow         Publish Date : 3/1/2007 8:24:00 AM  
The Delhi High Court today observed that the city Government's submission that a child should be four-years-old to get admission in nursery class was contrary to the law.

Parliament session may be stormy tomorrow on Quattrocchi issue         Publish Date : 3/1/2007 8:18:00 AM  
After the lull, it is going to be storm again in Parliament tomorrow.

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