Indu Jain

Indu Jain (8 September 1936 – 13 May 2021) was an Indian media executive and philanthropist. She belonged to the Sahu Jain family and was the chairperson of India's largest media group, popularly known as The Times Group.

As of 2006, Indu Jain had an estimated net worth of $2.4 billion, making her the 317th-richest person in the world. She was involved in philanthropy related to development and disaster relief, as well as literary endeavours.

Career and philanthropy In 1999, following the death of her husband, publishing magnate Ashok Kumar Jain, Indu Jain became chair of The Times Group, India's largest media group (formally named Bennett, Coleman & Co. Ltd). This group owns The Times of India and other newspapers and media outlets. In 2012, the Times Group employed 11,000 people, and controlled 38 per cent of the Indian newspaper market. The key to the success of the Times Group is that the newspapers are not about investigative reporting, but selling advertisements with large parts of the papers dedicated to Bollywood and paid editorials.

According to Forbess 2006 rankings, Indu Jain had a net worth of $2.4 billion and was the 317th-richest person in the world. As of 2007, she was estimated to be the richest woman in Asia.

In 2000 Jain founded The Times Foundation, which she also chaired. The Times Foundation runs Community Services, Research Foundation and Times Relief Fund for relief from disasters such as floods, cyclones, earthquakes and epidemics.

Jain was an author, who published a two-volume Encyclopedia of Indian Saints and Sages in 2012 and 2019. Co-authored with N. K. Prasad and published by Times Group Books, the second instalment was launched at an event for World Environmental Day with religious leaders.

Awards Indu Jain awarded Padma Bhushan Award by President Shri Pranab Mukherjee, 2016.

Indu Jain was awarded the Padma Bhushan by the government of India in January 2016.

In November 2019, she received the Lifetime Achievement award from the Institute of Company Secretaries of India "for translating excellence in corporate governance into reality". She won a Lifetime Achievement Award from the Indian Congress of Women.

She died on 13 May 2021 in Delhi due to complications from COVID-19.