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Latest Articles in essel group

Nxtdigital, 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.

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GST 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.

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Essel 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.

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Subhash 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.

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Himanshu 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.

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Essel 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.

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Essel 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.

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Essel 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.

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Invesco 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

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Zee 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.

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Kotak 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

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Essel 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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Our Vision Is To Become A Global Media Company, Says Subhash Chandra

Annurag Batra, Editor-in-Chief of BW Businessworld, spoke to Subhash Chandra, Chairman, ZEE & Essel Group, about Zee’s plans ahead.

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Zee Surges; Promoter Essel Mulls Selling Stake, Strategic Review

Zee yesterday said that conglomerate Essel Group, which runs the company, intended to divest up to 50 percent of their stake in the television broadcasting and digital media company to a strategic partner

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