Career in Newspapers
In 1932, he had took over the loss-making Madras edition of The Free Press Journal, driving the delivery van himself to dispatch the papers. He founded The Indian Express in 1936, and in 1941, he was elected President of the National Newspaper Editors’ Conference. Following this, both The Indian Express and Goenka himself openly challenged the British Raj.
In 1936: Goenka gave Promossory Note of Rs. 5,00,000 ( Rs.Five Lakhs ) on Sept 1, 1936 in favour of Raja Mohan Prasad of Hyderabad his Financing Partner. The Promissory note still remains unpaid even after 75 years. Goenka also gave a declaration in 1936 that he was a trustee of all the properties purchased in his name including the debentures of Free Press of India (Madras) Ltd. and were purchased out of the monies of Raja Mohan Prasad Murliprasad Mohanprasad of Hyderabad,India.
In 1948, Daily Tej partnered with Goenka to publish Indian News Chronicle, an English daily, from New Delhi. After the death of Lala Deshbandhu Gupta, Goenka converted it to The Indian Express. Upon independence he was nominated as a member to the Constituent Assembly of India.
Goenka played a significant role during the "Emergency" in India and challenged Indira Gandhi. His battle with the business tycoon Dhirubhai Ambani is still remembered. His critics believe that his passion for politics was the fire that led the newspapers from Indian Express Group on a blazing trail.
In the first post-independence elections, held in 1952, Goenka was beaten by a candidate who favoured Tamil nationalism and who was supported by the Dravida Munnetra Kazhagam.
Read more about this topic: Ramnath Goenka
Famous quotes containing the words career in, career and/or newspapers:
“They want to play at being mothers. So let them. Expressing tenderness in their own way will not prevent girls from enjoying a successful career in the future; indeed, the ability to nurture is as valuable a skill in the workplace as the ability to lead.”
—Anne Roiphe (20th century)
“Each of the professions means a prejudice. The necessity for a career forces every one to take sides. We live in the age of the overworked, and the under-educated; the age in which people are so industrious that they become absolutely stupid.”
—Oscar Wilde (1854–1900)
“They were more than hostile. In the first place, I was a south Georgian and I was looked upon as a fiscal conservative, and the Atlanta newspapers quite erroneously, because they didn’t know anything about me or my background here in Plains, decided that I was also a racial conservative.”
—Jimmy Carter (James Earl Carter, Jr.)