Business

Rajan Raheja

Rajan Biharilal Raheja (born c. 1954) is an Indian billionaire businessman who lives in Mumbai.

Career

Raheja made his start in the construction business. After building a huge presence in the realty market, his Rajan Raheja Group diversified into manufacturing, financial services and media — each venture initiated to assume leadership in core areas. The group is a major media player in India, being the owners of Outlook magazine. They also have a significant stake in the growing convergence business in India, through Asianet Satellite Communications Ltd. and Hathaway Cable & Datacom Ltd. He is of Sindhi origin.

Rajan Raheja group companies

Starting as a construction and real estate development company, the Raheja group now covers a range of business ventures. They include:

Manufacturing companies

  • Prism Cement Ltd., with two cement units, has a combined production capacity of 6.0 million tonnes. Having two divisions namely
  • H&R Johnson (India) Ltd., the top name in ceramic tiles in India.
  • RMC Readymix (India) Pvt. Ltd. was set up in 1996 as a joint venture of the Raheja group with RMC Group Plc of the UK. It is now a division of Prism Cements Ltd. It operates 80 ready-mixed concrete plants in 27 cities/towns across India and is the third-largest concrete manufacturer in the country.
  • Exide Industries : is the strongest brand of batteries in the automotive and industrial field. Indian largest battery manufacturer .The Company has a distribution network comprising over 4000 dealer outlets.The Company has a market share of 72% of Automotive OEM and 70% of Organized Retail. The Company also manufactures submarine batteries.
  • Supreme Petrochem Ltd. is a joint venture of the Raheja group with Supreme Industries Ltd., the largest processor of plastic materials in India.

Media

  • Hathway cable & Datacom limited: Providing Cable TV services & Internet services.has extensive cable network in 13 major cities & towns across India.
  • Outlook publications: is a leading left-wing weekly political news magazine in India
  • Asianet Satellite Communications :owns and operates a fiber optic cable network in Kerala

Insurance

  • Raheja QBE : General insurance company
  • JV with ING in financial services. Later fully acquired by exide industries.Now its called as Exide Life Insurance Company Limited.

Retail and wholesale

  • Tile Bazaar
  • Globus
  • Health & Glow
  • Foodworld

source:https://en.wikipedia.org/wiki/Rajan_Raheja