The founder of Sahara India Pariwar passed away due to cardiorespiratory arrest following prolonged illness.
Sahara India Pariwar (family) had become one of India's most successful companies over the past three decades with this kind of financial alchemy, turning tiny deposits into dreams for small farmers, rickshaw pullers and food vendors with little financial knowledge.
Roy was arrested on Friday after failing to appear at a Supreme Court hearing - which he says he missed to attend to his ailing mother - related to a multi-billion-dollar Sahara investment scheme that was later ruled to be illegal.
Sahara Q manufactures and sells 895 products in categories of staple, processed food, water and beverages, home care, personal care, home appliances and kitchenware, it said.
Meet the winners of the first Storyboard Awards while Indian companies get ready for the ride of their life with India's first Formula 1 extravaganza!
Business conglomerate Sahara India today announced a mega expansion plan in the fast-moving consumer goods retail space, with plans to launch a range of food and non-food items at over 10,000 retail outlets across 285 cities in India.