Pravinchandra Gandhi passes away
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Last Updated: Tuesday, March 09, 2010, 20:46
  
Mumbai: Pravinchandra V Gandhi, former Chairman of Dena Bank and a leading figure in the print media industry, passed away here today after prolonged illness.

Gandhi (87) was Chairman emeritus of the Saurashtra Trust that publishes the Janmabhoomi group of newspapers and magazine and was also a former Chairman of the Press Trust of India. He had been ailing for over a couple of years.

A member of the Board of PTI for several years, Gandhi was its Chairman during 1994-95.

Gandhi is survived by wife and two sons. The last rites were performed at the Chandanwari crematorium here.

A multi-faceted personality, he was an eminent banker and financial adviser, besides being a media figure. Joining the Dena bank in 1939, Gandhi rose to become Chairman and Managing Director in 1967 taking it to the seventh ranked bank in the nation. He was its custodian in 1969.

He was the past President of FICCI in 1978 and former President of Indian Newspaper Society in 1988.

In a tribute, PTI Chairman Vijay Kumar Chopra, said Gandhi was a leading light of the media industry. "His contribution to the growth of PTI was significant," he said.

Gandhi remained the main guiding force behind the development and growth of Janmabhoomi Group of newspapers which has five dailies, one bi-weekly and one weekly newspaper from Mumbai.

Among them are Gujarati daily Janmabhoomi, Janmabhoomi Pravasi weekly in Gujarat and Vyapaar, business daily in Gujarati and Hindi.

He was awarded Padma Bhushan in 2002 for his contribution to social service.

Gandhi was associated with various public trusts and charitable organisations. He was President of the Bharatiya Vidya Bhavan.

He also headed the Indian Merchants Chamber and was a member of several financial, social, cultural and educational institutions. He was director in renowned business houses like Singhania, Walchand Nagar Group, R P Goenka Group and Shriram Group of Delhi.

Gandhi had also served on 15 public bodies like the Bombay Port Trust, Bombay Customs Advisory Board, Central Taxes Advisory Committee and the Council of the Institution of Chartered Accountants of India.

PTI


First Published: Tuesday, March 09, 2010, 20:46


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