News Broadcasting
Essel Group says promoters are poised to clear promoters’ dues to Zee Telefilms
The Subhash Chandra-owned Essel Group issued a press release this evening announcing that its promoters and the promoters of Zee Telefilms Ltd (ZTL) are poised to clear the full dues of Rs 2,200 million that were owed by them to the latter. Last week, the release says, the promoters, led by Chandra, placed nine million shares with a foreign institutional investor (FII) which will help them finally clear all their dues to ZTL once the transaction is settled.
Hitherto, Rs 1,480 million of the amount had been returned by Chandra et al to ZTL, which means the current tranche is likely to have raised Rs 720 million and will free them of any liabilities. Rs 720 million for nine million shares works out to a price of Rs 80 per share for the FII, which is believed to be keen on entertainment and media stocks. This, at a time, when the share is trading above the Rs 100 level.
The press release quotes Essel Group corporate finance president A.C. Saha saying that “we are going to return the entire remaining dues to ZTL during the course of this week. Placement of these shares reestablishes that the promoters of the Essel Group will always stand by their commitment.”
The announcement clarifies speculation on the promoters’ sale that was running rife in the stockmarket on 4 January and posted on indiantelevision.com on 5 January’s Breaking News. (Read: Block shares sale clears promoters’ dues to Zee Telefilms?)
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.
The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”
Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.
The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.
Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.
In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.
