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May 15, 2017 · Also Read - Essel Group Celebrates 90 Years: IN PICS "Waste to wealth is a belief that is gaining momentum. Lot of social entrepreneurship is being devoted towards this," PM Modi said. At the same time, Prime Minister described the commemoration of 90 years of Essel Group as an illustration of Indian traditions.
Jun 13, 2023 · Securities and Exchange Board of India (SEBI), in an interim order, has barred Essel Group Chairman Subhash Chandra and his son Punit Goenka, Managing Director and CEO of Zee Entertainment Enterprises Ltd (ZEEL), from holding directorial or key management personnel positions in any listed entity, as a result of an alleged diversion of funds of Essel Group companies for their own benefit.
Sep 1, 2023 · Essel Group promoters own a 15.05% stake in Zee Learn. The group is selling off its unlisted infrastructure assets, which are still with the group. “The group hasn’t been able to unlock the value of those assets in the last 3–4 years, and the time is right for good realisation to get some equity value around those assets,” said an ...
Dec 11, 2023 · The Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on the appeal against a National Company Law Appellate Tribunal's (NCLAT) September order that rejected its insolvency plea against the firms. The NCLAT dismissed an insolvency petition against Direct Media Ventures and two days later, the insolvency petition against Cyquator Media, a promoter group company of Zee Entertainment Enterprises.
Jun 1, 2023 · Dr Subhash Chandra Exclusive interview: Dr Subhash Chandra, the chairman of the Essel Group, in an exclusive interaction with Zee Business' Managing Editor Anil Singhvi, said the group will soon become debt-free. The chairman said that the aim is to service debt by selling assets, and till now, the company has repaid Rs 40,000 crore to the lenders.
Zee Media Corporation Limited (formerly Zee News Ltd.) was founded by Essel Group and it was incorporated on 27 August 1999, as Zee Sports Ltd. It was a subsidiary of Zee Telefilms Ltd (later renamed Zee Entertainment Enterprises). The company was reincorporated on 27 May 2004, as Zee News Ltd. [5] It was demerged as a separate company of the ...
Jun 1, 2023 · New Delhi: Essel Group Chairman Dr Subhash Chandra in an exclusive interview to with Zee Business' Managing Editor Anil Singhvi, said the group will soon become debt-free. The chairman said that the aim is to service debt by selling assets, and till now, the company has repaid Rs 40,000 crore to the lenders along with Rs 50,000 crore in interest as well.
