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Essel Group chairman Subhash Chandra settles 91% debt to 43 lenders

Mumbai: Essel Group chairman Subhash Chandra has issued a second Open Letter sharing details of the debt resolution process and the steps taken to pay off the lenders. The Zee founder revealed that over 91 per cent of the debt has been settled to 43 lenders, and the remaining dues are in the...

Television TV Channels GECs
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Subhash Chandra denies rumors related to Dish TV India

KOLKATA: Dish TV India promoter and managing director Jawahar Goel has offered a substantial portion of his equity in the DYH operator as security for the credit facilities availed by Essel Group (Subhash Chandra Group). The group will return the security cover soon, Subhash Chandra Group official...

DTH DTH Operator
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Siti Networks reports improved numbers for FY 2020

The Essel group’s MSO major Siti Networks Limited reported 5.3 percent higher consolidated simple EBIDTA for the year ended 31 March 2020 (FY 2020, year or period under review) as compared to the previous year FY 2019.

Cable TV Local Cable Operators
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Despite revenue drop ZMCL EBITDA up in FY 2020

The Essel Group’s News media arm Zee Media Corporation Ltd (ZMCL) reported an eight percent decline in revenue from operations to Rs 631.75 crore for the year ended 31 March 2020 (FY 2020, year or period under review) as compared to Rs 686.92 crore reported for the previous year FY 2019.

Television TV Channels News Broadcasting
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Digital arm of LF hits 3.2-million user mark

MUMBAI: livingfoodz.com, the digital arm of food and lifestyle channel from the Essel Group LF, has hit the 3.2-million user mark in March 2020. The fastest-growing web portal, with over 7.2 million page visits according to Google Analytics, focuses on food, travel, culture and lifestyle. This has...

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