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Latest Articles in essel group
In Nearly 40 Years Of My Friendship With Subhash Chandra Always Made Me Feel Proud: Vallabh Bhansali
Noted Investment Banker, Venture Capitalist and Stock-Market expert, Vallabh Bhansali, Co-Founder and Chairman, ENAM was one of the earliest one to comment on Dr Subhash Chandra's open letter.
Read MoreSubhash Chandra Eyes Digital Video Space For Next Venture
After clearing the debt resolution issue Subhash Chandra gearing up for his next entrepreneurial venture
Read MoreNxtdigital, Siti Networks Enter Into Infra Sharing Agreement In MSO Space
Shares of Nxtdigital Ltd on Monday settled at Rs 457 apiece on BSE, down 0.10 per cent from the previous close.
Read MoreGST Officers Arrest Two For Passing Bogus ITC Worth Rs 392 Cr To Essel Group Cos
Investigations indicate that a layer of genuine looking fictitious intermediary companies was created to pass on bogus ITC from non-existent and fake firms to the companies of Essel Group without actual supply of any goods or services.
Read MoreEssel Group Exits Cruise Business
The deal also includes the brand’s entire digital interface and technology backend, the software developed for customer acquisition, the customer data base of existing customers and likely new customers along with travel agents partner network.
Read MoreSubhash Chandra Didn't Leave ED Office Before Completing Entire Set Of Interaction With Officials: Essel Group
The Group also wishes to clarify that Dr Chandra did not leave the ED office before completing the entire set of interaction with the officials, neither did he cite any reason or excuse to leave early as falsely reported by a leading mainline national newspaper's online portal.
Read MoreHimanshu Mody Named As Group Corporate Director Of BCCL
Mody will be based in BCCL’s CST Mumbai office and will report to the Shareholder Group & work closely with the CEOs of group business entities.
Read MoreEssel Group To Further Divest 16.5% Stake In ZEEL
Of the 16.5 percent planned divestment, the group seeks to sell 2.3 per cent stake in ZEEL to OFI Global China Fund/ its affiliates.
Read MoreEssel Group Lenders Agree On Timeline Extension
The lenders have extended complete support to the Group and its Promoters, recognizing the intrinsic value of the assets and the overall asset divestment process undertaken.
Read MoreEssel Group Completes 1st Tranche Of ZEEL’s Stake Sale To Invesco Oppenheimer Developing Markets Fund
The group had entered into an agreement to sell up to 11 per cent promoter stake in ZEEL to the Fund.
Read MoreEssel Group Announces Stake Sale In ZEEL
Essel Group had initiated the process of divesting its key assets, with an aim to repay all the lenders by September 2019. During this divestment process, the group has received positive response from multiple partners expressing interest to buy the stake in ZEEL and the other key non-media assets.
Read MoreInvesco Oppenheimer Fund Buys 11% In Zee At Rs 4,224 Cr
Essel Group had initiated the process of divesting its key assets, with an aim to repay all the lenders by September
Read MoreZee Stake Sale At Advanced Stage, Progressing Steadily: Essel Group
The group cannot share any additional details at this stage due to confidentiality agreements, the statement added.
Read MoreKotak Mutual Fund Works With Essel Group For 'Optimal Recovery' Of Dues
Essel Group remained in six fixed maturity plans (FMPs) and in Kotak Credit Risk Fund to an extent of 0.37 percent of its assets under management
Read MoreEssel Group Issues New Statement; Says, Lenders Have Agreed Not To Declare It Defaulter
Two days after shares of ZEE Group companies had come under massive selling pressure, plummeting up to 33 per cent and the Chairman of the company Subhash Chandra writing an open letter blaming 'negative forces', the company has issued fresh statement.
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