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Times Group chairman Indu Jain succumbs to Covid

Jain had also set up the Times Foundation in 2000.

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New Delhi: Times Group chairman Indu Jain passed away on Thursday night due to Covid-related complications. She was 84.

The group owns the Times of India and other newspapers.

Jain had also set up the Times Foundation in 2000 with sustainable development as its key goals. The non-profit organisation provides community services and runs the Times Relief Fund to offer assistance during extreme weather events and other crises.

She was also the founder president of FICCI Ladies Organisation (FLO), set up in 1983 to promote entrepreneurship and professional excellence among women in India. She also served as the chairperson of Bharatiya Jnanpith Trust to promote literature in Indian languages. The Jnanpith Award, conferred by the Trust annually, is considered to be among the most prestigious honour for authors writing in Indian languages.

She was awarded the Padma Bhushan in January 2016 and an award for Lifetime Contribution to Media by the All India Management Association in 2018.

Tributes poured in for Jain, who was also widely recognized for her philanthropist work. Prime minister Narendra Modi also condoled her demise and said that Jain will be remembered for her contribution to the country's progress.

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