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Page 3 - Subhash Chandra

Zee Entertainment jumps up to 19% on promoter stake sale, pares gain later

Around 142.87 million equity shares (representing 14.87 per cent stake of ZEEL) changed hands on the NSE through block deals, the exchange data shows.

Zee Entertainment jumps up to 19% on promoter stake sale, pares gain later
Updated On : 21 Nov 2019 | 10:48 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

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

Zee lenders begin strategic sale, promoter shares moved to escrow accounts

Sources familiar with the developments said following the sale of stake to a strategic investor, the promoters might have only 12 per cent, including the 10 per cent stake with VTB

Zee lenders begin strategic sale, promoter shares moved to escrow accounts
Updated On : 02 Nov 2019 | 2:19 AM IST

M&A deals set to surge as founders face acute cash squeeze: Axis Capital

The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further

M&A deals set to surge as founders face acute cash squeeze: Axis Capital
Updated On : 23 Oct 2019 | 8:24 AM IST

Mutual funds grant more time to Essel Group for repayment of loan

The fund houses had an outstanding of over Rs 11,000 crore from Essel Group

Mutual funds grant more time to Essel Group for repayment of loan
Updated On : 25 Sep 2019 | 11:19 PM IST

Hope floats for Essel Group, may get more time to repay Rs 7,000 crore debt

Subhash Chandra-led group is fighting to avert a crisis as selling pressure on the Zee stock continues

Hope floats for Essel Group, may get more time to repay Rs 7,000 crore debt
Updated On : 25 Sep 2019 | 2:13 AM IST

India tycoons running out of time with debt dagger hanging over stocks

Shares of publicly traded firms with a large portion of equity pledged as collateral risk abrupt declines should lenders move to recover their dues

India tycoons running out of time with debt dagger hanging over stocks
Updated On : 24 Sep 2019 | 1:09 PM IST

Invesco Oppenheimer buys 11% of Essel group's stake in ZEEL for Rs 4224 cr

After the additional stake buy, the fund's shareholding in ZEEL will rise to 19 per cent, while the promoters' stake will come down to 25 per cent

Invesco Oppenheimer buys 11% of Essel group's stake in ZEEL for Rs 4224 cr
Updated On : 01 Aug 2019 | 2:30 AM IST

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent plan to snap up a 51% stake in the media company.

Comcast, partners make offer for stake in Subhash Chandra's Zee Ent
Updated On : 30 Jul 2019 | 4:32 PM IST

Reality check for Subhash Chandra: Ensuring the show goes on at Zee

The crisis at Essel might precipitate the future proofing one of India's largest media companies.

Reality check for Subhash Chandra: Ensuring the show goes on at Zee
Updated On : 26 Apr 2019 | 7:51 AM IST

My first choice would be a foreign partner: Zee Entertainment MD & CEO

The challenge is how to counter the irrational behaviour some companies - the likes of Netflix and Amazon - are displaying, says Punit Goenka

My first choice would be a foreign partner: Zee Entertainment MD & CEO
Updated On : 04 Feb 2019 | 2:15 AM IST

Videocon, Subhash Chandra's Essel Group cross swords over d2h merger

According to the deal, if the merger failed, the advanced amount of Rs 1,626 crore becomes payable

Videocon, Subhash Chandra's Essel Group cross swords over d2h merger
Updated On : 28 Jan 2019 | 11:05 PM IST

Subhash Chandra alleges 'negative forces' hampering ZEEL's stake sale

Says he can service debt only after ZEEL stake sale, accepts mistakes made

Subhash Chandra alleges 'negative forces' hampering ZEEL's stake sale
Updated On : 26 Jan 2019 | 9:19 AM IST

Read the full text of Essel Group chairman Subhash Chandra's open letter

Chandra said that he would be able to repay the entire dues of the Essel Group only after he sells his stake in ZEEL

Read the full text of Essel Group chairman Subhash Chandra's open letter
Updated On : 25 Jan 2019 | 9:01 PM IST

Subhash Chandra's cruise business to set sail from Mumbai in April

The first ship under the brand will sail from Mumbai in April 2019, following the traditional naming ceremony of the 2,000 passenger vessel

Subhash Chandra's cruise business to set sail from Mumbai in April
Updated On : 07 Jan 2019 | 7:56 PM IST

Essel Group's Subhash Chandra enters cruise tourism with new firm

With investment of $100-125 mn, Zen Cruises to make maiden journey by 2019

Essel Group's Subhash Chandra enters cruise tourism with new firm
Updated On : 03 Sep 2018 | 12:26 AM IST

What explains media baron Subhash Chandra's aggression in news

Mix of politics, business imperatives seems to be driving media baron's current aggression of news

What explains media baron Subhash Chandra's aggression in news
Updated On : 21 Jul 2017 | 2:04 PM IST

Complaints against me in RS polls frivolous: Subhash Chandra

Chandra also said that the complaints were based on "whimsical assumptions" without a shred of evidential backing

Complaints against me in RS polls frivolous: Subhash Chandra
Updated On : 21 Jun 2016 | 11:57 PM IST

Media baron Subhash Chandra elected to Rajya Sabha

Chandra, an independent candidate supported by the BJP, scraped through amid political drama during the vote count

Media baron Subhash Chandra elected to Rajya Sabha
Updated On : 11 Jun 2016 | 8:05 PM IST