Mail Today, the tabloid daily from the India Today group, reports today on Ravindra Kishore Sinha, the Patna businessman worth Rs 3,000 crore who is about to gain entry into India’s most exclusive club, the Rajya Sabha, courtesy the BJP.
Sinha, who runs a security firm called SIS, has declared his net assets at Rs 564 crore, while his spouse has declared Rs 230 crore.
“A self-made man, the 62-year-old leader started his career as a trainee journalist with The Searchlight and Pradeep (now defunct) dailies in Patna in 1971. He quit his job in 1974.
“In the course of his job, he was assigned to cover the Bangladesh war, where he came in contact with some army men who inspired him to set up his maiden entrepreneurial venture, SIS, for the ex-servicemen.
“With a paltry sum of Rs 250, Sinha launched his business and went on to script the proverbial rags-to-riches tale with his sharp business acumen.”
For the record, The Searchlight, which was launched by a group of luminaries led by Syed Hasan Imam, built its reputation as an “anti-colonial newspaper“.
Its first editor was a Muslim, Syed Haidar Husain, and its rolls later boasted of such stellar names as T.J.S. George, who later founded Asiaweek magazine in Hong Kong.
The paper was published from 1918 to 1986, before it was subsumed by the Birla-owned Hindustan Times. India’s first President, Dr Rajendra Prasad, was a founder-director of The Searchlight.
Photograph: courtesy Mail Today
Read the full report: India’s richest MP