Vineet Jain

Vineet Kumar Jain is the Managing Director of Bennett, Coleman & Co. Ltd. (B.C.C.L.),[2] commonly known as The Times Group, India's largest media group.[1] He runs B.C.C.L along with his brother Samir Jain who is vice-chairman.[1]

For the cricketer, see Vineet Jain (cricketer).

Vineet Jain
Born1967/1968 (age 52–53)[1]
New Delhi, India
NationalityIndian
CitizenshipIndian
OccupationMD of
The Times Group
Parent(s)Indu Jain
Ashok Kumar Jain
RelativesSamir Jain
Sahu Ramesh Chandra Jain
Sahu Shanti Prasad Jain
Ramkrishna Dalmia

Career

Vineet Jain graduated from the American College of Switzerland and joined B.C.C.L. as the deputy managing director in 1993.[3]

Vineet has focussed on transforming B.C.C.L. into a multimedia company, making investments in radio with Radio Mirchi; television with Zoom and Times Now; the Internet with Indiatimes, Bombay Times and Delhi Times; movie production and out-of-home advertising.[4] In 2003, he conceived and launched Media.net, B.C.C.L.'s venture which allows advertorials to be written about the entertainment industry and celebrities. Under this program, B.C.C.L. accepts ads in exchange for real-estate ownership or equity in a company.[3][5]

In 2018, Vineet Jain, and Sanjeev Shah, executive president of B.C.C.L., were caught on camera as part of an undercover sting operation by Cobrapost agreeing to promote Hindutva content through the group's many media properties for a proposed spend of ₹500 crore, some of which the client said could only be paid with black money.[6] B.C.C.L. has responded to the sting claiming that the video that was released by Cobrapost was incomplete and doctored and that Vineet Jain was engaged in a counter-sting of his own to expose the undercover reporter during the filming of the video.[7]

Family and personal life

Vineet Jain is the great grandson of Ramkrishna Dalmia, the first Indian owner of B.C.C.L. His grandfather, Shanti Prasad Jain, took over the company from Ramkrishna Dalmia. Shanti Prasad's son, Ashok Jain, took control of the company in the nineteen-sixties and was chairman of B.C.C.L. until his death in 1998 from heart failure.[3]

Jain's mother, Indu Jain, holds the title of chairman of B.C.C.L.[3] His sister Nandita Judge, who also worked at the company, died in a helicopter crash in 2001.[8]

Jain is divorced.[3] He splits his time between homes he shares with his brother in New Delhi and Mumbai.[3]

Awards
  • In 2009, Jain received the Rajiv Gandhi Award.[9]
  • He was conferred Impact Person of the Year Award in 2013.[10]
  • In the same year, Vineet received the Entrepreneur of the Year Award from The Bombay Management Association.[11]
  • He also won Media Person of the Year award from International Advertising Association in 2015[12][13]
  • In 2018, he received Art Karat Award.[14]
  • In the same year, he won the ITA Sterling Icon of Indian Entertainment Award in Media category.[15] [16]

References
  1. "India's 50 powerful people". India Today. 14 April 2017.
  2. "Company Overview of Bennett Coleman & Co. Ltd".
  3. "Citizens Jain". New Yorker.
  4. "Master of the fifth estate - Vineet Jain". Business Today.
  5. "50 Powerful People". IndiaToday.
  6. "At the Times Group, Cobrapost Sting Shows How Cash is King". The Wire. Retrieved 25 October 2020.
  7. "Times Group Says Vineet Jain Was Conducting 'Reverse Sting' on Cobrapost". The Wire. Retrieved 25 October 2020.
  8. "Probe ordered into copter crash". The Hindu.
  9. "Vineet Jain wins Rajiv Gandhi Award". 20 August 2009. Retrieved 18 April 2019.
  10. "Vineet Jain wins Impact Person of the Year Award". The Times of India. 7 December 2013. Retrieved 8 April 2019.
  11. "Times Group MD Vineet Jain is Entrepreneur of the Year – The Times of India". The Times of India. 11 March 2013. Retrieved 8 April 2019.
  12. "Vineet Jain, Aroon Purie, Uday Shankar and CVL Srinivas bag top honours at 3rd IAA Leadership Awards – Exchange 4 Media". Exchange 4 media. 20 April 2015. Retrieved 8 April 2019.
  13. "IAA Leadership Awards 2015". Retrieved 18 April 2019.
  14. "Art Karat celebrates its 30th anniversary". Millennium Post. 9 February 2018. Retrieved 8 April 2019.
  15. "Indian Television Academy Awards Winners 2018". Retrieved 18 April 2019.
  16. "World's greatest leaders 2017-18". Retrieved 18 April 2019.
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