Essel Group has significant debt on its books, taken by the Indian promoters for privately owned infrastructure firms
Shares of Subhash Chandra's Essel Group tumble after a news website's reported his company was being probed by fraud investigators.
Essel has appointed Goldman Sachs Securities (India) Ltd as their investment banker
According to industry estimates, close to 200,000 people took cruises in 2017 in India. Estimates peg that this year, this number could grow to 296,000
The investment is in line with Essel Infraprojects' foray into electric vehicle segment this year
Essel Corporate LLP will acquire 11 million shares from another promoter group entity Essel International
He launched two social initiatives - Sarthi and DSC Foundation
The company had posted a net profit of Rs 2.27 crore in the third quarter of previous FY
Here's what Subhash Chandra's Rs 22,535-cr Essel Group is up to
The total enterprise value of both assets is Rs 850 crore
The group has forayed into the Rs 16 lakh-crore asset management space by acquiring Peerless fund management
The company has expressed interest to deliver content it owns, to broadband and mobile user of BSNL