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Page 2 - Essel Group

YES Bank board may take a call on Monday to raise Rs 10,000 cr via FPO

The bank is likely to file for its offer document soon after the board clears the fundraising plan.

YES Bank board may take a call on Monday to raise Rs 10,000 cr via FPO
Updated On : 21 Jun 2020 | 9:54 PM IST

YES Bank acquires 24.19% stake in Dish TV through pledged shares

The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.

YES Bank acquires 24.19% stake in Dish TV through pledged shares
Updated On : 31 May 2020 | 12:37 AM IST

Huge scam in YES Bank for many years, says Enforcement Directorate

Rana Kapoor's wife also charged with abetting crime

Huge scam in YES Bank for many years, says Enforcement Directorate
Updated On : 26 May 2020 | 9:46 AM IST

Only knowledge of the product can protect you against mis-selling

It's important to question the intermediary so that you know more about the product

Only knowledge of the product can protect you against mis-selling
Updated On : 16 May 2020 | 10:17 PM IST

To avoid Sebi action, HDFC AMC pays Rs 4 cr to settle Essel case

Impact on FMP investors from 'standstill' pact with Essel group put fund house in scrutiny

To avoid Sebi action, HDFC AMC pays Rs 4 cr to settle Essel case
Updated On : 21 Apr 2020 | 9:23 PM IST

YES Bank fiasco: ED asks Anil Ambani to appear again on March 30

Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor

YES Bank fiasco: ED asks Anil Ambani to appear again on March 30
Updated On : 20 Mar 2020 | 2:12 AM IST

Newsmaker: Ravneet Gill and the big bet on the wrong bank

Gill had the unenviable task of steering a troubled entity with legacy issues. But he could have been more proactive

Newsmaker: Ravneet Gill and the big bet on the wrong bank
Updated On : 07 Mar 2020 | 4:32 PM IST

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years
Updated On : 06 Mar 2020 | 3:56 PM IST

Essel Group's NBFC arm sells Rs 145-crore MSME loan book to Adani Capital

The Essel Finance has a secured loan book of around Rs 145 crore comprising 1,100 customers, employs 40 and present in 10 cities, a statement from Adani Capital said

Essel Group's NBFC arm sells Rs 145-crore MSME loan book to Adani Capital
Updated On : 23 Jan 2020 | 1:00 AM IST

Punit Goenka to remain Zee Entertainment chief, remuneration to be reviewed

Punit Goenka, managing director and chief executive officer of ZEEL, will continue in his role, even as his remuneration is being reviewed by the board

Punit Goenka to remain Zee Entertainment chief, remuneration to be reviewed
Updated On : 22 Jan 2020 | 9:36 PM IST

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants

10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants
Updated On : 31 Dec 2019 | 6:24 AM IST

Franklin MF takes 50% haircut on exposure to Essel group-backed firm

The NCDs held by the fund house's schemes will mature in June, 2020

Franklin MF takes 50% haircut on exposure to Essel group-backed firm
Updated On : 16 Dec 2019 | 10:30 PM IST

Cash cows sold, cash guzzlers remain: Rocky ride ahead for Chandra's Essel

Analysts say the group is now largely left with cash guzzlers like Dish TV, Zee Media, Siti Networks, Shirpur Gold, and Essel Infraprojects

Cash cows sold, cash guzzlers remain: Rocky ride ahead for Chandra's Essel
Updated On : 06 Dec 2019 | 4:13 PM IST

Aditya Birla Sun Life MF side-pockets exposure to Essel Group company

The fund house said Adilink's failure to repay was on account of "extension of originally anticipated timelines for the monetisation of road assets"

Aditya Birla Sun Life MF side-pockets exposure to Essel Group company
Updated On : 28 Nov 2019 | 3:34 PM IST

Chandra's exit from Zee is an example of how to handle crisis with dignity

It is so very rare for Indian media businesses to grow out of their founding family's shadow, however, benevolent it may be

Chandra's exit from Zee is an example of how to handle crisis with dignity
Updated On : 27 Nov 2019 | 12:40 PM IST

ICICI Pru MF, HDFC MF receive payments from Essel Group; exposure reduced

With this repayment, ICICI Prudential Mutual Fund's exposure to Essel Group has come down to nil

ICICI Pru MF, HDFC MF receive payments from Essel Group; exposure reduced
Updated On : 26 Nov 2019 | 9:05 PM IST

CARE downgrades Dish TV's short term ratings on weak liquidity position

The company also has sizeable debt repayments in the near term

CARE downgrades Dish TV's short term ratings on weak liquidity position
Updated On : 26 Nov 2019 | 9:50 AM IST

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder

Will sell 16.5% stake and retain 5.9%; promoters to retain management control

Subhash Chandra to sell 16.5% stake in Zee, become minority shareholder
Updated On : 21 Nov 2019 | 2:24 AM IST

Hire hard, manage easy: Essel Propack's Blackstone makeover starts

Finding the right CEO fast, and expanding segments are key

Hire hard, manage easy: Essel Propack's Blackstone makeover starts
Updated On : 18 Nov 2019 | 10:23 PM IST

Punit Goenka to remain Zee's MD as lenders prepare for share sale

Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.

Punit Goenka to remain Zee's MD as lenders prepare for share sale
Updated On : 06 Nov 2019 | 12:31 AM IST