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Essel Group chairman Subhash Chandra settles 91% debt to 43 lenders

Mumbai: Essel Group chairman Subhash Chandra has issued a second Open Letter sharing details of the debt resolution process and the steps taken to pay off the lenders. The Zee founder revealed that over 91 per cent of the debt has been settled to 43 lenders, and the remaining dues are in the...

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No such transaction being undertaken, Zeel refutes reports of merger

New Delhi: Putting speculation to rest, the entertainment giant Zee Entertainment Enterprises Ltd (Zeel) on Monday said, there are no merger talks underway with Viacom18, as reported by a leading English daily. “We herewith confirm that there is no such transaction being undertaken and the matter...

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Viacom18 and Zeel eyeing a merger?

New Delhi: It’s the season for mergers. Following in the footsteps of  big media mergers globally, two entertainment giants back home- Viacom18 Media Pvt Ltd and Zee Entertainment Enterprises Ltd (Zeel) are now reportedly looking to join hands to create a large firm, according to an unconfirmed...

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Subhash Chandra denies rumors related to Dish TV India

KOLKATA: Dish TV India promoter and managing director Jawahar Goel has offered a substantial portion of his equity in the DYH operator as security for the credit facilities availed by Essel Group (Subhash Chandra Group). The group will return the security cover soon, Subhash Chandra Group official...

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What will James Murdoch and Uday Shankar invest in?

James Murdoch and Uday Shankar have announced a new joint initiative to invest in health care, online education and digital media initiatives in India. We all know that. For James, the partnership is expected to be a major priority and the centre of gravity for his $2 billion Lupa Systems,...

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