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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.
Feb 26, 2021 · Essel Group (alternatively referred to as the Zee Group) was founded by Subhash Chandra and has had business interest in mass media, broadcasting infrastructure and packaging. The journey of a thousand miles began with a single step in 1926 with a commodity trading and export company by Jagannath Goenka. With its ardent passion and a focused ...
Apr 22, 2019 · Over the 90 years of the Essel Group’s journey, this is the third downturn I am seeing — first was in 1967, then in 2008 and now the current one. I firmly believe that because we remained focused, we could overcome from the so-called valleys of death and I am 100% confident that this time also we will emerge as strongly as we did previously.
May 14, 2017 · In Pics - Essel Group Celebrates 90 Years. 20:46 IST. PM Modi recalls his earlier meetings with Shri Nand Kishore Goenka and says that the family has always been open to new ideas and has taken every challenge as an opportunity to create a presence in a range of initiatives from 'soil to satellite'.
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 ...
Jan 26, 2024 · The Enforcement Directorate (ED) on Thursday said it conducted search operations on companies of Essel Group in Mumbai and recovered "incriminating" documents as part of its ongoing money laundering investigation linked to the alleged diversion of funds worth over Rs 2,000 crore from Religare Finvest Limited (RFL).
Jun 1, 2023 · Founded in 1926, the Essel Group today is in the process of repaying its debtors. The group started servicing its debt obligations in January 2019 and plans to be completely debt-free soon. "Rs 40,000 crore has been paid to lenders so far... The group has paid Rs 50,000 crore in interest itself," said the Essel Group Chairman.
