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SEBI bans Subhash Chandra and Puneet Goenka from holding key positions
Mumbai: The Securities and Exchange Board of India (SEBI) in an unprecedented action has passed an interim order against Subhash Chandra chief of Essel group and Punit Goenka, managing director & CEO of ZEE Entertainment Enterprises Ltd (ZEE) . The order states that they cease to hold any directorial positions in any of the listed companies or its subsidiaries until further orders.
An objection can be filed within 21 days and this SEBI order will be placed before the board within 7 days.
The capital market regulator has alleged that Chandra and Goenka as Directors abused their positions and siphoned off funds. The promoter family is only holding 3.99 per cent shares in Zee, Subhash Chandra and Punit Goenka continue to be at the helm of affairs of Zee.
In a 16-page order, Ashwani Bhatia, whole time member of SEBI said, “Considering the above, I am of the opinion that, while the investigation is still underway, their continuation as a director/KMP in any listed company or its subsidiaries is likely to be prejudicial to the interest of those companies, particularly its investors.’’
‘’Therefore, I am convinced that, pending completion of investigation by Sebi, interim directions need to be issued to safeguard the management of such companies and protect their investors and other stakeholders.”
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
