MAM
Times Group’s Vineet Jain conferred lifetime media honour
Managing India award crowns four decades of expansion, ambition and cultural clout
NEW DELHI: Vineet Jain has picked up another trophy, and this one comes with a lifetime tag.
At the 70th foundation day and 20th national management day of All India Management Association in New Delhi, the managing director of The Times Group was conferred the “lifetime contribution to media” award, presented by education minister Dharmendra Pradhan. The honour formed part of AIMA’s 16th managing India awards, themed “Transforming for tomorrow: growth with resilience”.
AIMA’s citation was expansive and effusive. It hailed Jain as a “future-ready leader and agile entrepreneur” who has turned a legacy newspaper business into a diversified media powerhouse. Since the late 1980s, it noted, he has revitalised print while pushing aggressively into television, radio, internet, movies, music, sports, events, outdoor advertising, education and investments across 35 markets.
“He did not just grow a newspaper company; he built a multifaceted media empire that dominates information and entertainment in India and shapes the nation’s political and commercial awareness,” the citation said. “From television and radio to internet, movies, music, sports, events, outdoor advertising, education and investments, his leadership has created influential brands across every platform.”
Under Jain’s stewardship, television brands such as Times Now, ET Now and Zoom have expanded the group’s broadcast heft, while their digital avatars have chased new audiences online. Radio Mirchi, Gaana, Times OOH, Times Music and Magicbricks have emerged as category leaders. Legacy titles such as Femina and Filmfare have been retooled for new generations.
The group has also ventured beyond media. Through Bennett University and TimesPro, it has pushed into higher and executive education, while a national pickleball league signals a foray into the world’s fastest-growing sport.
AIMA credited Jain with balancing mass entertainment and intellectual ambition, citing the reinvention of the Filmfare awards and the Femina Miss India pageant nearly three decades ago, as well as the launch of the Times litfest.
Accepting the award, Jain struck a collective note. “It is a huge honour to receive this award. I dedicate it to my colleagues who have worked tirelessly to make The Times Group, India’s largest multi media company.”
He reiterated the group’s appetite for scale. “The Times Group is number one in every media vertical it has launched, and we will continue striving for excellence,” he said.
Four decades on, the message is clear. In a media market being torn up by technology and attention spans, Jain is still betting on breadth, brands and being number one.
Brands
Dabur buys minority stake in Ras Beauty for Rs 60 crore
Dabur Ventures deal backs fast-growing luxury skincare brand
MUMBAI: Dabur India Limited has dipped into the world of luxury skincare, signing a definitive agreement to acquire a minority stake in Ras Beauty Private Limited for Rs 60 crore. The investment marks the first bet from Dabur Ventures, the FMCG major’s Rs 500 crore platform set up in October 2025 to back high-potential, new-age direct-to-consumer brands.
Founded in Raipur by Shubhika Jain, her sister Suramya Jain and their mother Sangeeta Jain, Ras Beauty has grown from a family-led passion project into a fast-scaling “Farm-to-Face” skincare label. Its range of face elixirs, serums and moisturisers blends essential oils with nature-derived actives, striking a balance between botanical purity and laboratory precision.
The numbers tell their own story. Ras has clocked a three-year Cagr of around 75 per cent and an annual run rate of approximately Rs 100 crore, all while maintaining strong gross margins. That growth has been fuelled by a digital-first approach, in-house R&D and manufacturing, and a sharp focus on clean, sustainable sourcing.
Dabur India executive director and group head corporate strategy Abhinav Dhall, said the company was drawn to Ras’s distinct positioning at the intersection of nature, science and luxury. He added that the premium beauty segment is poised for robust expansion over the coming decade, and that Ras is well placed to capture that opportunity.
For Ras, the partnership is as much about scale as it is about shared philosophy. Co-founder and CEO Shubhika Jain said Dabur’s 141-year legacy of building trusted, purpose-led brands makes it a natural ally. The capital infusion, she noted, will help accelerate the brand’s omnichannel footprint, deepen research capabilities and invest in team and brand building, with an eye on establishing Ras as a leading Indian luxury skincare name both domestically and overseas.
With this move, Dabur is not just investing in a skincare label. It is placing an early wager on India’s growing appetite for premium, conscious beauty, and signalling that heritage FMCG players are ready to play in the new-age D2C arena.
