Zee Group Subhash Chandra News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shambhavi Thakur
The Zee Group’s audacious diversification into cruise shipping in the form of Jalesh Cruises might have
ended in misfortune, but a new cruise startup has taken birth in Mumbai, drawing “strength” from this recently shut company.
Interestingly, the new undisclosed deal between Zee Group’s Subhash Chandra and US-based billionaire hotelier Sant Singh Chatwal did not involve the company’s only visible asset: a 20-year-old cruise ship called
Karnika.
The ship, named after a mythological
apsara known for her beauty and allure, was caught in a whirlwind of arrests and controversies over nonpayment of crew salaries and dues to vendors and the port. As it began its final voyage to a scrapyard in Gujarat’s Alang in November 2020, the Zee Group sold the brand name under which the ship was operated – Jalesh Cruises – to Cordelia Cruises, the company newly set up by Chatwal. ....

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