In a bid to strengthen the executive management Zee Telefilm's Subhash Chandra has relinquished the post of managing director and appointed Pradeep Guha as chief executive officer.
Days before Sony Group pulled the plug on the $10 billion deal, Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for trying to "scuttle" the merger of its flagship media firm Zee Entertainment Enterprise with the Japanese firm and subsequent investment in the merged entity. Alleging market regulator Sebi is "acting with a predetermined mind", the Zee group patriarch requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of Zee". Chandra in his letter dated January 16, seen by PTI, said Zee and all other people have been cooperating in the investigation related to the alleged fund diversion by promoters and expressed concern over a new notice issued by the market regulator to former directors of Zee.
Sunil Khanna, the chief executive officer of Zee Turner, has been named as the new president of Subhash Chandra-promoted Zee Telefilms Ltd.
The fire was noticed at around 9.10 pm and it was doused within half an hour, officials said adding that no arrival flight was affected.
The busts of the trio were installed on August 20 by outgoing DUSU president Shakti Singh without taking permission from the varsity authorities. They were removed on the intervening night of Friday and Saturday.
Several ministers, including Parsadi Lal Meena, B D Kalla, Mamta Bhupesh and some independents like Suresh Tak, are present at the hotel in the lake city.
The suggestions have been part of the final position paper on social sciences, which is a key perspective document that helps in the development of new NCERT textbooks on the subject. The proposal has yet to get a final nod from NCERT.
Garg had refused to sign on the report finalised by the former Reserve Bank of India governor Bimal Jalan-led committee reviewing the central bank's economic capital framework (ECF).
The mobile phones of some of these people were switched off while many of the last given addresses were found to be locked.
The University Grants Commission (UGC) on Friday declared 21 universities as "fake" and not empowered to confer any degree, majority of which are in Delhi followed by Uttar Pradesh.
Rifleman Adarsh Negi spoke to his father over the phone on Sunday. The next day, Dalbir Singh Negi got another call, informing him about his son's death in the terror attack in Jammu and Kashmir's Kathua.
A state health department official, however, said that the baby boy was alive when his parents took him out of the hospital even as doctors asked them not to do so as the child's condition was serious.
Former Central Bureau of Investigation joint director Amit Kumar, who is now posted as Chhattisgarh police ADG, led the probe into the coal scam that resulted in convictions in a number of cases.
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India). This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country. The tribunal also dismissed all objections regarding the merger.
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 broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.
Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray on Sunday claimed a "Godhra-like" incident may take place during the "return journey" of the large number of people expected to converge at Ayodhya in Uttar Pradesh from across the nation for the inauguration of the Ram temple.
West Bengal Chief Minister Mamata Banerjee on Friday announced that 64 files on Netaji Subhash Chandra Bose lying with the state's home department would be declassified and put in public domain from next Friday.
A day after his expulsion from the Congress, Acharya Pramod Krishnam on Sunday said leaders like Sachin Pilot and Priyanka Gandhi Vadra are being disrespected in the party where people need 'chamchagiri' (sycophancy) to survive.
During the procession that lasted for more than three-and-half hours, he passed through 14 assembly constituencies.
The Securities Appellate Tribunal (SAT) on Thursday questioned market regulator Sebi's credibility on completing its investigation within a stipulated time in the Zee Entertainment Enterprises' (ZEEL) matter. SAT was hearing Zee's plea against Sebi's order baring Zee Entertainment Enterprises' Punit Goenka and Subhash Chandra from holding any key managerial positions in the company and other organisations for allegedly siphoning off funds of the media firm. "There is no certainty that these eight months won't be extended. ...past record of Sebi is that they have always extended it (investigation).
The Congress has decided to shift its MLAs in Rajasthan to a Udaipur hotel, with party sources saying they fear that the Bharatiya Janata Party will poach them ahead of the June 10 Rajya Sabha elections.
Rajendra Gudha, Sandeep Yadav, Wajib Ali, Lakhan Meena, (Bahujan Samaj Party turned Congress MLAs), Girraj Singh Malinga and Khiladi Lal Bairwa met Gehlot, the sources said.
Subhash Chandra is not happy with the way television, a business he pioneered in India, looks today. He thinks an independent regulator would do the business a lot of good.
12 of the 20 MPs with the highest winning margins in the 2019 Lok Sabha polls have not been re-nominated by their parties for the 2024 general elections.
Over the past few months, Chandra, whose family also owns Essel, a leading packaging company for consumer products, has bought a massage clinic chain, launched an ayurvedic skin and health products brand and rejigged his US TV channel into a health platform.
A Delhi court on Friday extended till December 20 the interim protection from arrest granted to Zee Group Chairman Subhash Chandra and his son in the case of alleged Rs 100 crore extortion bid from Congress MP Naveen Jindal's firm by two editors of the news channel.
Zee Group Chairman Subhash Chandra, named in the FIR lodged in the alleged Rs 100 crore extortion bid from Naveen Jindal's firm, on Wednesday agreed before a court in New Delhi to undergo lie-detector test but his two arrested editors refused to do so.
Zee Group Chairman Subhash Chandra on Monday informed the police that he is prepared to appear before them in connection with the alleged extortion bid by two senior editors of his channel within four days of notice.
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
A court in New Delhi told the police to give ten working days time to Zee Group Chairman Subhash Chandra and his son if it wants to arrest them in the case of alleged Rs 100 crore-extortion bid from Congress MP Naveen Jindal's firm by two editors of the news channel.
Gehlot exuded confidence that all the three candidates of the Congerss will comfortably win.
The Delhi police on Thursday refused to give any assurance in a court here that Zee Group Chairman Subhash Chandra and his son will not be arrested, if their complicity comes up during probe in connection with the alleged Rs 100 crore extortion bid from Naveen Jindal's firm by two editors of his channel.
Zee News on Tuesday demanded the immediate release of its two senior journalists arrested in an extortion case filed by Congress MP Naveen Jindal, alleging that the police action was "illegal" and "designed for something else".
Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.
The 26-member Cabinet, including the Chief Minister, has three women members; two from the Scheduled Castes and one from the Scheduled Tribes.
The Zero Hour saw members from opposition and treasury benches coming together to condemn Justice Katju's remarks in his blog with the entire House later unanimously adopting a resolution by a voice vote.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
A row has erupted over a portrait of Netaji Subhash Chandra Bose which was unveiled by the President at Rashtrapati Bhavan, with people on social media stating that the artwork is that of an actor who played him in a biopic.
Former finance secretary Subhash Chandra Garg went on to say that the 2020-21 fiscal will go down in the history of India as the year when India got way-laid from its story of three decadal outstanding growth.
