Page 4 - Subhash Chandra
Did Subhash Chandra beat a US activist fund with Zee-Sony merger?
It seems the market can't make up its mind if India's largest pvt television network, with a 17% share nationwide, is more valuable with the founders in the driver's seat or out of the wagon entirely
 "Did Subhash Chandra beat a US activist fund with Zee-Sony merger?")
Newsmaker: Meet Essel Group's Subhash Chandra, the restless media mogul
His journey from an 18-year-old who turned around family's food grain processing business to becoming head of an eclectic Rs 30,000 crore (pre-crisis) empire is now part of corporate legend in India
Zee founder Subhash Chandra settles 91.2% of debt with 43 lenders
About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid, he says
 "Zee founder Subhash Chandra settles 91.2% of debt with 43 lenders")
Dish TV promoter Jawahar Goel pledges shares to rescue Essel group
Subhash Chandra says committed to release pledge; won't happen at lower price
 "Dish TV promoter Jawahar Goel pledges shares to rescue Essel group")
Subhash Chandra's net worth sinks below Rs 10 crore amid deluge of debt
Through a major restructuring, the group has been able to pay off over Rs 11,500 crore, albeit at a high cost.
 "Subhash Chandra's net worth sinks below Rs 10 crore amid deluge of debt")
$50 million loan spat: YES Bank plans to appeal against Essel order
YES Bank has Rs 8,000-crore exposure to Essel Group
 "$50 million loan spat: YES Bank plans to appeal against Essel order")
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")
Proxy advisory, governance firm IIAS slams Zee Learn over governance issues
IIAS has said "investors may need to wrestle the company out of the promoters' control and influence."
Coronavirus outbreak puts brakes on corporate fraud investigations
Sources said the probe agencies are planning to move an application, seeking more time with respect to the filing of chargesheet in matters
 "Coronavirus outbreak puts brakes on corporate fraud investigations")
YES Bank probe: ED grills Anil Ambani for 9 hrs, calls him again on Mar 30
The agency has also sent a second summons to Essel Group chairman and Rajya Sabha MP Subhash Chandra to appear before it on March 21
 "YES Bank probe: ED grills Anil Ambani for 9 hrs, calls him again on Mar 30")
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")
YES Bank case: ED summons Subhash Chandra, Naresh Goyal for questioning
DHFL CMD Kapil Wadhawan, recently arrested by the ED in another case, has also been called for questioning
 "YES Bank case: ED summons Subhash Chandra, Naresh Goyal for questioning")
Ambani vs Chandra: Media convergence looks set for a new game of thrones
Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.
 "Ambani vs Chandra: Media convergence looks set for a new game of thrones")
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")
Bankruptcies, jail and even death: The year was bad for some Indian tycoons
Some of the country's biggest and most-storied businessmen saw their fortunes fade in 2019.
 "Bankruptcies, jail and even death: The year was bad for some Indian tycoons")
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
Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more
From RBI keeping rate cut unchanged, tough road for Subhash Chandra's Essel to Saudi Aramco raising $25.6 bn in largest-ever IPO, Business Standard brings you the top headlines of the day.
 "Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more")
After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka
The litmus test for Goenka would be to take the financial investors, who've backed Zee, along with him even as he strives to weather the latest storm
 "After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka")
Three Zee Entertainment directors resign, cite related-party transactions
Zee also said it had a definitive plan in place to recover the outstanding amounts from Dish TV and Siti Cable, and that it was monitoring the situation closely
 "Three Zee Entertainment directors resign, cite related-party transactions")
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