[citation needed] He founded Bharatiya Jnanpith on 18 February 1944 at the suggestion of many scholars who had gathered at Varanasi for the All India Oriental Conference.
[citation needed] In 1947, Ramkrishna Dalmia engineered the acquisition of Bennett, Coleman by transferring moneys from a bank and an insurance company of which he was the Chairman.
In 1955, this came to the attention of the socialist parliamentarian Feroze Gandhi who was part of the ruling Congress party headed by his estranged father-in-law Jawaharlal Nehru.
[1][full citation needed] In the court case that followed, where Dalmia was represented by the leading British attorney Sir Dingle Mackintosh Foot, he was sentenced to two years in Tihar Jail.
Upon his release, Ramkrishna approached his son-in-law Sahu Shanti Prasad Jain to whom he had entrusted running of Bennett, Coleman & Co. Ltd for taking back the command.