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Subhash Chandra, Punit Goenka Barred From Company Boards By Regulator
- Tuesday June 13, 2023
- Business | Press Trust of India
Markets regulator Sebi on Monday barred Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm.
- www.ndtv.com/business
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Why No Action Against Essel Group For Bank Loan Default: Congress To Centre
- Saturday December 25, 2021
- India News | Press Trust of India
The Congress alleged on Friday that there is a nexus between the Centre and its "corporate friends", and questioned why action has not been taken against Dish TV promoters Essel Group, which defaulted on repayment of loans to the Yes Bank.
- www.ndtv.com
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YES Bank-Dish TV Dispute: Top Court Stays Notice To Freeze Voting Rights
- Tuesday November 30, 2021
- Business | Press Trust of India
The Supreme Court on Tuesday stayed the criminal proceedings in the FIR lodged by Essel Group against the Yes Bank saying it cannot allow the police sitting in Gautam Buddha Nagar in Uttar Pradesh to freeze voting rights of shareholders of a company.
- www.ndtv.com/business
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Two Arrested For Defrauding Government Exchequer Of Over Rs 392 Crore In Delhi
- Friday March 5, 2021
- Delhi News | ANI
Central Goods and Services Tax (CGST) East Delhi Commissionerate on Friday arrested two men after unearthing a big network of fictitious firms working to generate and avail fake Input Tax Credit (ITC) of the GST.
- www.ndtv.com
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In More Trouble For Mutual Funds, Franklin Templeton Hit By New Default
- Sunday May 24, 2020
- Business | Edited by Abhik Deb
The maturity value of the NCDs, including redemption premium, was Rs 616 crore but it is only valued at a market value of Rs 92 crore.
- www.ndtv.com/business
-
Industrialist Subhash Chandra Questioned In Yes Bank Case
- Saturday March 21, 2020
- India News | ANI
Essel Group Chairman Subhash Chandra on Saturday reached the Enforcement Directorate (ED) office for questioning in connection with a money laundering case related to Yes Bank founder Rana Kapoor.
- www.ndtv.com
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Zee Tanks 9% After Subhash Chandra Quits As Chairman
- Tuesday November 26, 2019
- Business | IANS
Subhash Chandra, who ushered the cable and satellite revolution, announced late Monday that he would step down as Zee's chairman. The shares of Zee tanked nine per cent to hit an intra-day low of Rs 312.5 apiece on the BSE before recovering slightly to trade at Rs 322.40, down 6 per cent.
- www.ndtv.com/business
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Global Players Invest In Zee Entertainment; Issue Oversubscribed: Report
- Thursday November 21, 2019
- Business | Indo-Asian News Service
Earlier this year, Essel Group had sold up to 11 per cent in Zee Entertainment to Invesco Oppenheimer Developing Markets Fund for Rs 4,224 crore.
- www.ndtv.com/business
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Zee Entertainment Shares Zoom As Promoters Sell Stake
- Thursday November 21, 2019
- Business | Edited by Peter Noronha
ZEEL's promoter Essel Group had announced post market closing on Wednesday that it was looking to sell up to 16.5% stake to repay loan obligations to certain lenders of the group. Prior to Wednesday's announcement, Mr Chandra's Essel Group companies held a 22.37 per cent promoter stake in Zee.
- www.ndtv.com/business
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Subhash Chandra "At Home", "Not One To Run Away": Son Rejects Reports
- Monday September 30, 2019
- India News | ANI
Essel Group chairman Subhash Chandra has not left the country and is "very much in Mumbai" at his home, said his son Punit Goenka on Sunday.
- www.ndtv.com
-
Countdown For Subhash Chandra, Anil Ambani Firms As Debts Threaten Stocks
- Tuesday September 24, 2019
- Business | Ronojoy Mazumdar, Bloomberg
Essel Group's Subhash Chandra is seeking to sell assets ranging from a stake in the nation's most valuable publicly traded TV network to roads.
- www.ndtv.com/business
-
Adani Green Energy To Buy Essel Group's Solar Assets
- Friday August 30, 2019
- Business | Edited by Abhishek Vasudev
Gautam Adani-led by Adani Group's Adani Energy has signed an agreement to buy solar assets of Essel Group, Adani Green Energy said in an exchange notification.
- www.ndtv.com/business
-
Nifty Breaks 11,000, Sensex Drops Over 500 Points On Broad-Based Selloff
- Thursday August 1, 2019
- Business | NDTV Profit Team
Zee Entertainment was top loser in the Nifty 50 basket of shares after Essel Group said it will sell 11% stake in Zee to Invesco Oppenheimer.
- www.ndtv.com/business
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Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body
- Monday July 8, 2019
- Business | Press Trust of India
In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL
- www.ndtv.com/business
-
Blackstone-Backed Funds To Buy Majority Stake In Essel Propack
- Monday April 22, 2019
- Business | Thomson Reuters
Blackstone will buy the stake from the Ashok Goel Trust at Rs 134 per share, representing a premium of 1.1 per cent over the company's Monday closing price
- www.ndtv.com/business
-
Subhash Chandra, Punit Goenka Barred From Company Boards By Regulator
- Tuesday June 13, 2023
- Business | Press Trust of India
Markets regulator Sebi on Monday barred Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka from holding the position of a director or key managerial personnel in any listed company for siphoning off funds of the media firm.
- www.ndtv.com/business
-
Why No Action Against Essel Group For Bank Loan Default: Congress To Centre
- Saturday December 25, 2021
- India News | Press Trust of India
The Congress alleged on Friday that there is a nexus between the Centre and its "corporate friends", and questioned why action has not been taken against Dish TV promoters Essel Group, which defaulted on repayment of loans to the Yes Bank.
- www.ndtv.com
-
YES Bank-Dish TV Dispute: Top Court Stays Notice To Freeze Voting Rights
- Tuesday November 30, 2021
- Business | Press Trust of India
The Supreme Court on Tuesday stayed the criminal proceedings in the FIR lodged by Essel Group against the Yes Bank saying it cannot allow the police sitting in Gautam Buddha Nagar in Uttar Pradesh to freeze voting rights of shareholders of a company.
- www.ndtv.com/business
-
Two Arrested For Defrauding Government Exchequer Of Over Rs 392 Crore In Delhi
- Friday March 5, 2021
- Delhi News | ANI
Central Goods and Services Tax (CGST) East Delhi Commissionerate on Friday arrested two men after unearthing a big network of fictitious firms working to generate and avail fake Input Tax Credit (ITC) of the GST.
- www.ndtv.com
-
In More Trouble For Mutual Funds, Franklin Templeton Hit By New Default
- Sunday May 24, 2020
- Business | Edited by Abhik Deb
The maturity value of the NCDs, including redemption premium, was Rs 616 crore but it is only valued at a market value of Rs 92 crore.
- www.ndtv.com/business
-
Industrialist Subhash Chandra Questioned In Yes Bank Case
- Saturday March 21, 2020
- India News | ANI
Essel Group Chairman Subhash Chandra on Saturday reached the Enforcement Directorate (ED) office for questioning in connection with a money laundering case related to Yes Bank founder Rana Kapoor.
- www.ndtv.com
-
Zee Tanks 9% After Subhash Chandra Quits As Chairman
- Tuesday November 26, 2019
- Business | IANS
Subhash Chandra, who ushered the cable and satellite revolution, announced late Monday that he would step down as Zee's chairman. The shares of Zee tanked nine per cent to hit an intra-day low of Rs 312.5 apiece on the BSE before recovering slightly to trade at Rs 322.40, down 6 per cent.
- www.ndtv.com/business
-
Global Players Invest In Zee Entertainment; Issue Oversubscribed: Report
- Thursday November 21, 2019
- Business | Indo-Asian News Service
Earlier this year, Essel Group had sold up to 11 per cent in Zee Entertainment to Invesco Oppenheimer Developing Markets Fund for Rs 4,224 crore.
- www.ndtv.com/business
-
Zee Entertainment Shares Zoom As Promoters Sell Stake
- Thursday November 21, 2019
- Business | Edited by Peter Noronha
ZEEL's promoter Essel Group had announced post market closing on Wednesday that it was looking to sell up to 16.5% stake to repay loan obligations to certain lenders of the group. Prior to Wednesday's announcement, Mr Chandra's Essel Group companies held a 22.37 per cent promoter stake in Zee.
- www.ndtv.com/business
-
Subhash Chandra "At Home", "Not One To Run Away": Son Rejects Reports
- Monday September 30, 2019
- India News | ANI
Essel Group chairman Subhash Chandra has not left the country and is "very much in Mumbai" at his home, said his son Punit Goenka on Sunday.
- www.ndtv.com
-
Countdown For Subhash Chandra, Anil Ambani Firms As Debts Threaten Stocks
- Tuesday September 24, 2019
- Business | Ronojoy Mazumdar, Bloomberg
Essel Group's Subhash Chandra is seeking to sell assets ranging from a stake in the nation's most valuable publicly traded TV network to roads.
- www.ndtv.com/business
-
Adani Green Energy To Buy Essel Group's Solar Assets
- Friday August 30, 2019
- Business | Edited by Abhishek Vasudev
Gautam Adani-led by Adani Group's Adani Energy has signed an agreement to buy solar assets of Essel Group, Adani Green Energy said in an exchange notification.
- www.ndtv.com/business
-
Nifty Breaks 11,000, Sensex Drops Over 500 Points On Broad-Based Selloff
- Thursday August 1, 2019
- Business | NDTV Profit Team
Zee Entertainment was top loser in the Nifty 50 basket of shares after Essel Group said it will sell 11% stake in Zee to Invesco Oppenheimer.
- www.ndtv.com/business
-
Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body
- Monday July 8, 2019
- Business | Press Trust of India
In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL
- www.ndtv.com/business
-
Blackstone-Backed Funds To Buy Majority Stake In Essel Propack
- Monday April 22, 2019
- Business | Thomson Reuters
Blackstone will buy the stake from the Ashok Goel Trust at Rs 134 per share, representing a premium of 1.1 per cent over the company's Monday closing price
- www.ndtv.com/business