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Essel Group enters i-banking, PE space

 The $4-billion Essel Group, a media conglomerate, has made a foray into the financial services sector.The Subhash Chandra-owned group has set up a new arm, Essel Financial Services Ltd.It has......

Essel group set to double its offshore realty fund

 The financial services firm promoted by media baron Subhash Chandra’s Essel Group is looking at doubling the size of its maiden offshore realty fund due to increased investor interest.The......

Subhash Chandra gets breather to repay Essel loans

 The company has kicked off sale of infrastructure assets as well as sale of a part of the promoter holding in Zee to repay loans. Subhash Chandra-led Essel Group on Sunday said it had secured a......

The Mystery of ZEE and DIIs

 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. Photograph: Kind courtesy ZEE5......

IDBI Bank files insolvency plea against Zee

 IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60......

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