News Broadcasting
11 subsidiaries to go as Zee board clears restructuring plan
In the end it went through 21 days later than initially announced but the pieces appear to be falling in place for a strategic investor to come on board. Subhash Chandra’s Zee Telefilms Ltd (ZTL), at its board meeting today, cleared a corporate restructuring proposal whereby 11 of its subsidiaries would either be merged with ZTL or wound up.
After this exercise is completed (expected to take six to eight months) there will remain only 12 companies under the ZTL umbrella. An official statement says the revised corporate structure will result in better utilisation of resources besides being simple and efficient from the point of view of compliance of tax laws, accounting and legal compliances.
The move by Zee Telefilms to further rationalise its large number of subsidiaries follows divestment of its stake last year in three subsidiaries Buddha Films LTD, Zee Sports LTD and Zee Publishing Ltd.
ZTL currently has eight wholly-owned subsidiaries in India including Patco, EL-Zee Television LTD, Siti cable, ZIML, e-Connect India, ZILS besides two regional channel companies in Dakshin Media LTD (Tamil) and Kaveri Entertainment LTD (Kannada).
Its overseas subsidiaries include Zee Multimedia Worldwide LTD British Virgin Islands (ZMWLBVI) which is the holding company of ZMWL Mauritius and others. ZTL holds 50 per cent stake each in Winterhealth Company LTD which is the holding company for Asia Today Ltd.
Other ZTL subsidiaries functioning abroad include Expand Fast Holding BVI (which is the broadcasting company for Zee Music, Alpha and English channels) and Zee Multimedia Worldwide, Mauritius.
Companies proposed to be wound up:
1. E-Connect India Ltd
2. Programme Asia Trading Company Ltd
3. Elzee Television Ltd
4. Kaveri Entertainment Ltd
5. Dakshin Media Ltd
6. Winterhealth Company Ltd, Mauritius
7. Hokushan Trading Ltd, Hong Kong
8. Expand Fast Holdings Ltd, BVI
9. Zee Multimedia Worldwide Ltd, BVI
10. Asia TV, USA
11. Zee TV SA (Proprietary) Ltd South Africa
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
