Shobhana Bhartia

Shobhana Bhartia (born 1957) is the Chairperson and Editorial Director of the Hindustan Times Group, one of India's newspaper and media houses, which she inherited from her father. She has also recently taken charge as the Pro Chancellor of Birla Institute of Technology and Science, Pilani (founded by her grandfather) and is the current chairperson of Endeavor India. Closely associated with the ruling Congress party, Shobhana served as a nominated member of the Rajya Sabha, the upper chamber of the Indian parliament from 2006 to 2012. Her name is sometimes written Shobhana Bharatiya or Bhartiya, but the preferred spelling is Bhartia.

Background

Bhartia is the daughter of the industrialist KK Birla, industrialist and Congress party loyalist, and the grand-daughter of GD Birla, one of the Birla family patriarchs. The KK Birla family owned 75.36 per cent stake in HT Media, valued at Rs 834 crore in 2004.^[1] She grew up in Kolkata and had her schooling at Loreto House.^[2] She is a graduate of Calcutta University,^[3] and is married to Shyam Sunder Bhartia,^[4] Chairman of the Rs. 14-billion pharmaceutical firm Jubilant LifeScience Limited (a spinoff from the earlier chemicals venture Vam Organics). Shyam Sunder Bhartia is son of Late Mohan Lal Bhartia. Their son Shamit Bhartia is also a Director at the HT Media group,^[3] and also looks after lifestyle businesses such as the Domino's Pizza franchise and also convenience store chain Monday to Sunday in Bangalore.^[5] In 2012, Shamit Bhartia married Nayantara Kothari. daughter of Bhadrashyam Kothari, a Chennai-based industrialist, and his wife Nina, daughter of Dhirubhai Ambani.

[edit]Media career

When Bhartia joined Hindustan Times in 1986, she did so directly as the chief executive. She was the first woman chief executive of a national newspaper and probably one of the youngest.^[1] She is considered to be one of the motive forces behind the transformation of the Hindustan Times "into a bright, young paper."^[6] She looks after editorial as well as financial aspects, and is credited with raising Rs. 400 crore through a public equity launch of HT Media in September 2005.^[7]

She has received the Global Leader of Tomorrow award from the World Economic Forum (1996). She is also the recipient of the 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.^{[citation needed]} She was named one of Forbes Asia's 50 Women in the Mix.^[8]

[edit]Political career

Shobhana was one of the first Padma Shri award nominees in 2005. 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.^[9] The nomination, reserved for eminent people from the fields of literature, science, art and social service, was challenged in the Supreme Court of India^[10] 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.^[10] She has been quite active in the Rajya Sabha, asking frequent questions and also introducing "The Child Marriage (Abolition) and Miscellaneous Provisions Bill, 2006".^[11]

[edit]References

1. ^ ^a b "Business Empires: The Birlas: Hindustan Times". The Economic Times. 2004-10-28. Retrieved 2007-06-19.^{[dead link]}
2. ^ Naazneen Karmali (August 28, 2008). "Paper Tigress". Forbes. Retrieved March 6, 2012.
3. ^ ^a b HT Media Group Prospectus 2005-08-12
4. ^ Bhupesh Bhandari (December 27, 2005). "Hari Bhartia's mantra for success: The Rediff Interview/Hari Bhartia, MD, Jubilant Organosys". rediff.com. Retrieved 2006-06-19.
5. ^ Sandhya Iyengar (June 2, 2003). "Temptation is its other name". The Hindu.
6. ^ Pradyuman Maheshwari (2003-04-20). "Top 50 power points in the media". Mid Day.
7. ^ "HT Media debuts on BSE at Rs 685". The Hindu Business Line. 2005-09-02. Retrieved 2007-06-19.
8. ^ Scott, Mary E. "Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business". Forbes Asia. Forbes. Retrieved 3 March 2013.
9. ^ "Nominated to Rajya Sabha". The Hindu. 2006-02-18. Retrieved 2007-06-19.
10. ^ ^a b Legal Correspondent (2006-04-29). "Plea against nomination to Rajya Sabha rejected". The Hindu. Retrieved 2007-06-19.