ESSEL GROUP OFFICE
Sebi to continue probe against ZEEL and its promoters, Subhash Chandra and Punit Goenka
The regulator has also rejected settlement applications dated September 2, 2022, filed by ZEEL and Punit Goenka. These applications were related to the SCN, which pertained to alleged siphoning of funds from ZEEL to other promoter entities.
MCA asks Sebi to share details on Zee, could summon Puneet Goenka
The ministry's preliminary probe had found appropriation of ZEEL's fixed deposits (FDs) by Yes Bank, for squaring off loans of related entities of Essel Group. ZEEL is part of the Essel Group promoted by Subhash Chandra and his family.
ED searches Essel Group companies in RFL money laundering case
The Essel Group is promoted by media baron Subhash Chandra and owns stake in leading media and entertainment companies which includes - Zee Entertainment Enterprises Ltd, Zee Media Corporation and Dish TV.
ED conducts search at Essel Group office in Mumbai
The Enforcement Directorate (ED) on Wednesday conducted searches at Essel Group Continental office in Mumbai, reported ET Now, citing sources.
Indiabulls Housing Finance moves NCLT against Subhash Chandra to recover loans
It has claimed that Chandra provided a guarantee for a loan to Gnex Projects that obtained a Rs 190 crore loan from Indiabulls Housing Finance in September 2020 alongwith Essel Home, which was the co-borrower, the sources said.
GST officers arrest two for passing bogus ITC worth Rs 392 crore to Essel Group companies
Investigations indicate that a layer of genuine looking fictitious intermediary companies was created to pass on bogus ITC from non-existent and fake firms to the companies of Essel Group without actual supply of any goods or services.
- Go To Page 1
HDFC AMC pays Rs 4.2 crore to market regulator Sebi to settle Essel Group case
The regulator has settled this dispute with HDFC Mutual Fund after it said that it has already compensated investors of the affected mutual fund schemes for Rs 4.4 crore and that the settlement amount would be paid out of the funds of HDFC AMC and that the liability would not be passed on to the unit holders.
Essel set to repay MFs Rs 2,600 crore this week
About 6 fund houses have an exposure of nearly Rs 6,300 cr with shares of Essel Group entities.
Singapore based First Degree to buy Essel para banks
The asset manager is likely to buy 100 percent equity in Essel Finance Business Loans Ltd and Essel Finance Home Loans Ltd. The deals are likely valued at Rs 150 crore.
In largest office space deal, Blackstone pays Rs 2,500 crore to Radius for half of One BKC
Blackstone has been pumping money across sector and of the total investment, USD 6.6 billion were pumped in the past four years alone.
Reliance MF sells pledged ZEE shares worth Rs 410 crore
Reliance Mutual may have unwound all the pledged shares of Zee after the sale.
Sebi offers no opinion on MFs’ breather plan for Zee Entertainment
Regulator puts onus on funds holding Essel debt to do what is best for unit holders.
How did it all go this bad at Zee? Here's what you need to know
It all started when a merger between the DTH arms of Videocon and Essel groups landed in Delhi High Court.
Essel group denies link with Nityank lnfrapower over money laundering allegations
Zee Entertainment Enterprise Ltd (ZEEL), in a regulatory filing, said Nityank lnfrapower and Multiventures Ltd is an "independent company and does not belong to Essel Group".
Zee founder Subhash Chandra says sorry after stock market rout
The wrong infrastructure bets had left the company with nonperforming assets, Subhash Chandra admitted.
No DeMo-related SFIO probe in Zee, Dish: Jawahar Goel
SFIO had started probe seven-eight months and yet to give clean chit, says Goel
Essel-Videocon DTH merger in High Court now
The legal tussle started after Nityank Infrapower approached NCLT to prevent allotment of shares to Videocon group company Domebell in the merged Dish TV entity on the grounds that it had a pledge on Videocon D2H shares owned by Domebell.
Essel, Videocon DTH merger in legal dispute over pledged shares
In a case filed on August 31, 2018, a Videocon group company has claimed that Essel group unlawfully invoked pledges on certain Videocon D2H shares that were placed in their custody.
Essel Green-backed ZipGo acquires Pune-based Supreme Trans Concepts in cash-and-stock-deal
The development comes a little less than three months after Essel Green Mobility invested Rs 300 crore in ZipGo Technologies, in August earlier this year.
Essel Group unit leads Rs 300-crore round in ZipGo
In December 2016, the startup had raised $6 million in funding, in a round led by Ventureast and Omidyar Network.
Essel MF eyes Rs 10K crore in assets by next March
The latest entrant in the mutual fund market, Essel MF currently has an asset base of nearly Rs 1,600 crore.
Essel Finance acquires Bimadirect operator for Rs 25-30 crore
The transaction is being carried out in two tranches: it comprises an upfront payment of 75% of deal value and the rest in milestone payments over two years.
Essel Infraprojects appoints Ashutosh Agarwala as chief financial officer
Prior to joining Essel Infraprojects, Agarwala was president, finance and chief financial officer at Reliance Power Limited.
Zee Media Corporation Group CEO Bhaskar Das quits
Zee Media Corporation today said its Group CEO - News Cluster Bhaskar Das has quit following his transfer to another Essel Group entity.
Essel Finance to buy majority stake in VKC Credit & Forex
The finance company, which is less than a year old, has an investment banking vertical, private equity fund and provides finance to small and medium-sized companies.
Essel Group acquires Rs 400 crore worth property in Mumbai
“Essel Group has identified certain premises in Marathon Futurex at Lower Parel. This is still under process,” said Mukund Galgali.
IVRCL shares climb 4.5% on Essel open offer buzz
Essel Group may buy 20% more shares in IVRCL through an open offer priced at 110 for a share triggered hectic activity in the stock.
IVRCL rallying support from Andhra infra companies to avert takeover by Essel
Half a dozen AP infra cos have shown solidarity with Sudhir Reddy & are willing to lend the money he could need to fend off Essel.
Essel group acquires 10.2% in IVRCL
The Essel Group, which acquired 10.2% through secondary market transactions, said it was keen to increasing its stake.
Load More
