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November 26, 2019 5:31 am
Chandra, who started the Zee TV network in 1992, expressed his intent to step aside as the Chairman of the company, which he founded way back in 1992, at the board meeting on Monday.
January 29, 2019 1:39 am
The stock closed with a gain of 16.64 per cent to end at Rs 372.50 on the BSE. Intra-day, it surged 19.24 per cent to Rs 380.80.
January 28, 2019 7:24 am
In a statement issued on Sunday, the Essel Group said that the promoters of the Essel Group had a detailed meeting with the lending entities comprising mutual funds, NBFCs and banks, in which it was decided that there would not be any event of “default declared due to the steep fall in price.
January 25, 2019 9:49 pm
Apologising to lenders, Chandra also alleged that some negative forces are out to sabotage his efforts to raise money through a strategic sale in the flagship company Zee Entertainment Enterprises.
November 07, 2017 2:09 am
Asked to provide the certificate, Appleby top brass decided against it. One email said Rory Gorman, then managing director of Appleby Fiduciary Business (Bermuda), “has an objection and is not prepared to sign the attached form”.
November 07, 2017 5:27 am
The loan, Appleby records state, was “indirectly backed by 46 million fully paid up equity shares” of Zee held by Essel Holdings Limited (EHL), making prepayment necessary “upon fall in stock price of Zee by more than 40% since inception”.
May 28, 2017 2:22 am
Leader of the Opposition in the Gujarat Assembly Shankersinh Vaghela has made his unhappiness clear to his party.
March 05, 2016 1:16 am
Subhash Chandra’s journey up the corporate ladder can be a lesson for all business management students.
February 07, 2016 12:05 am
In his biography The Z Factor, television mogul Subhash Chandra has been extraordinarily candid about his past.
February 22, 2015 6:32 am
Sources said he quit in 2011, and joined Jubilant Energy as a senior executive the next year, with a monthly salary of Rs 1.5 lakh.