Page 2 - Essel Group News Today

Indiabulls Housing Finance moves NCLT against Subhash Chandra to recover loans : Rashtra News #Indiabulls #Housing #Finance #moves #NCLT #Subhash #Chandra #recover #loans Indiabulls Housing Finance has moved the National Company Law Tribunal (NCLT) against media baron Subhash Chandra claiming he had personally guaranteed payment for loans given to companies that were co-borrowers with Essel

ZEE Entertainment institutional investors seek removal of MD Punit Goenka; call for EGM today : Rashtra News Punit Goenka is the son of Essel Group Chairman Emeritus Subhash Chandra. (Image: REUTERS)Zee Entertainment Enterprises (ZEE) major institutional investors Invesco Developing Markets Fund and its subsidiary OFI Global China Fund LLC have called for the removal of Managing

Axis Finance drags Essel promoters to HC over unpaid dues : Rashtra News #Axis #Finance #drags #Essel #promoters #unpaid #dues Axis Finance, a subsidiary of Axis Bank, has moved the Bombay High Court against Essel Group promoter Subhash Chandra and his sons Punit and Amit, seeking recovery of ₹61.64 crore that it said was due

Dish TV board rejects Yes Bank’s request for EGM : Rashtra News Dish TV, which had earlier convened an AGM for September 27, cancelled it a day before, after the government provided an extension of two months to all companies for holding the shareholders’ meeting.Dish TV India’s board on Wednesday expressed its inability to convene an

Revelations about Santiago Martin’s huge donations to political parties through electoral bonds might revive an ethical debate on lottery. Parliament has debated the matter for 50 years. Will his beneficiaries, opposed to the BJP, end up as his liabilities?

The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcasters books. An orde...

The Ministry of Corporate Affairs (MCA), which is investigating Zee Entertainment Enterprises Ltd (ZEEL) over alleged corporate governance violations, has written to the Securities and Exchange Board of India (Sebi) seeking details on its latest findings on fund diversion that have been cited in media reports, said people aware of the matter.

The ministrys preliminary probe had found appropriation of ZEELs fixed deposits (FDs) by Yes Bank, for squaring off loans of related entities of Essel Group. ZEEL is part of the Essel Group promoted by Subhash Chandra and his family.

Zee Entertainment Enterprises on Friday constituted an independent advisory committee headed by Satish Chandra, retired judge of Allahabad High Court, to curb erosion of its investor wealth in the wake of speculations, leading to negative public opinion of the company.

On Thursday, February 22, 2024, some stocks are expected to perform well in India after a sharp fall in the...