TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    PM Modi Targets Mamata Government Over Misrule

    “Remove TMC, Save Bengal”: PM Modi Targets Mamata Government Over Misrule

    The Enforcement Directorate (ED) recently arrested Chaitanya Baghel, son of former Chief Minister Bhupesh Baghel

    Why Did ED Arrest Bhupesh Baghel’s Son? A Detailed Look at the Chhattisgarh Liquor Scam

    Rajiv Gandhi Buckled to U.S. Pressure in 1986 Cabinet Reshuffle

    Rajiv Gandhi Buckled to US Pressure in 1986 Cabinet Reshuffle: Nishikant Dubey

    Madras High Court Bars Nama Sankeerthanam in Residential Area

    Madras High Court Bars Nama Sankeerthanam in Residential Areas Without Collector’s Permission

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Successfully Tests Prithvi-II and Agni-I Ballistic Missiles

    India Successfully Tests Nuclear Capable Agni-I & Prithvi-II Ballistic Missiles in Odisha, Strengthens Strategic Deterrence

    Successful Test of ‘Akash Prime Air Defence System’ in Ladakh

    Successful Test of ‘Akash Prime Air Defence System’ at 15,000 Feet in Ladakh

    CDS Chauhan: India Needs Tomorrow’s Tech to Win Today’s Wars

    India Needs Tomorrow’s Tech to Win Today’s Wars, Says CDS Anil Chauhan; Urges Indigenous Tech Push

    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    TRF Ban a Win for India: Renewed Momentum to Greylist Pakistan at FATF

    TRF Sanctioned: Will Pakistan’s Terror Nexus Drag It Back to FATF Grey List?

    US Declares Pakistan’s Lashkar Proxy TRF a Terror Outfit,

    Pahalgam Massacre: US Declares Pakistan’s Lashkar Proxy TRF a Terror Outfit, Cites Trump’s Justice Call

    Baloch Insurgents Kill 29 Soldiers: Pakistan Army Losing Control in Balochistan

    Is Balochistan Slipping Away from Pak? 29 Soldiers Killed as BLA, BLF Launch Simultaneous Attacks

    Khalistani Sympathiser with Anti-India Stance: Jasmeet Bains

    Khalistani Sympathiser with Anti-India Stance, Jasmeet Bains Aims for California Congress Entry

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Karnataka Govt Blames RCB for Chinnaswamy Stampede

    Congress- led Karnataka Govt Blames RCB for Chinnaswamy Stampede, Cites Kohli’s Video in HC

    Ace Alliance: Accelerating Growth in the European iGaming Market

    Ace Alliance: Accelerating Growth in the European iGaming Market

    Addiction Recovery in India: Breaking Stigmas and Building Support Systems

    Addiction Recovery in India: Breaking Stigmas and Building Support Systems

    How Under Armour’s Women’s Sports Shoes Are Reinventing Women’s Fitness Experience

    How Under Armour’s Women’s Sports Shoes Are Reinventing Women’s Fitness Experience

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    PM Modi Targets Mamata Government Over Misrule

    “Remove TMC, Save Bengal”: PM Modi Targets Mamata Government Over Misrule

    The Enforcement Directorate (ED) recently arrested Chaitanya Baghel, son of former Chief Minister Bhupesh Baghel

    Why Did ED Arrest Bhupesh Baghel’s Son? A Detailed Look at the Chhattisgarh Liquor Scam

    Rajiv Gandhi Buckled to U.S. Pressure in 1986 Cabinet Reshuffle

    Rajiv Gandhi Buckled to US Pressure in 1986 Cabinet Reshuffle: Nishikant Dubey

    Madras High Court Bars Nama Sankeerthanam in Residential Area

    Madras High Court Bars Nama Sankeerthanam in Residential Areas Without Collector’s Permission

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    AI Appreciation Day Celebrated Globally, Spotlight on Innovation and Ethical Progress

    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Successfully Tests Prithvi-II and Agni-I Ballistic Missiles

    India Successfully Tests Nuclear Capable Agni-I & Prithvi-II Ballistic Missiles in Odisha, Strengthens Strategic Deterrence

    Successful Test of ‘Akash Prime Air Defence System’ in Ladakh

    Successful Test of ‘Akash Prime Air Defence System’ at 15,000 Feet in Ladakh

    CDS Chauhan: India Needs Tomorrow’s Tech to Win Today’s Wars

    India Needs Tomorrow’s Tech to Win Today’s Wars, Says CDS Anil Chauhan; Urges Indigenous Tech Push

    India-U.S. Set to Strike Javelin Deal

    India Seeks Javelin Missile Co-Production Deal with U.S. Under ‘Make in India’ Push

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    TRF Ban a Win for India: Renewed Momentum to Greylist Pakistan at FATF

    TRF Sanctioned: Will Pakistan’s Terror Nexus Drag It Back to FATF Grey List?

    US Declares Pakistan’s Lashkar Proxy TRF a Terror Outfit,

    Pahalgam Massacre: US Declares Pakistan’s Lashkar Proxy TRF a Terror Outfit, Cites Trump’s Justice Call

    Baloch Insurgents Kill 29 Soldiers: Pakistan Army Losing Control in Balochistan

    Is Balochistan Slipping Away from Pak? 29 Soldiers Killed as BLA, BLF Launch Simultaneous Attacks

    Khalistani Sympathiser with Anti-India Stance: Jasmeet Bains

    Khalistani Sympathiser with Anti-India Stance, Jasmeet Bains Aims for California Congress Entry

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Karnataka Govt Blames RCB for Chinnaswamy Stampede

    Congress- led Karnataka Govt Blames RCB for Chinnaswamy Stampede, Cites Kohli’s Video in HC

    Ace Alliance: Accelerating Growth in the European iGaming Market

    Ace Alliance: Accelerating Growth in the European iGaming Market

    Addiction Recovery in India: Breaking Stigmas and Building Support Systems

    Addiction Recovery in India: Breaking Stigmas and Building Support Systems

    How Under Armour’s Women’s Sports Shoes Are Reinventing Women’s Fitness Experience

    How Under Armour’s Women’s Sports Shoes Are Reinventing Women’s Fitness Experience

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

In a world of Mallyas and Niravs, Subhash Chandra shows how to exit a business gracefully

Good businessman, great man

Amit Agrahari by Amit Agrahari
28 November 2019
in Business, Opinions
Subhash Chandra, Zee media, Essel
Share on FacebookShare on X

Subhash Chandra, former Chairman of Zee Group, resigned from the company’s leadership position on Tuesday. The 68-year-old businessman has shown the way how to exit a company, if the bets go wrong. The country has seen businessman like Vijay Mallya, Lalit Modi and Mehul Choksi, who fled the country after the companies promoted by them, started making loss. It is also very rare in the country’s business horizon that promoter family sheds the control to investors.

However, Subhash Chandra did not leave the country after making wrong bets, paid every single penny, and also left the company’s control to strategic investors. This is what makes Chandra a unique business personality, and this is the reason behind business community trust in his entrepreneurship skills. 

RelatedPosts

US-based Invesco tries to derail Zee-Sony merger as it attempts a hostile takeover of Zee

How a government panel led by Uday Kotak solved the IL&FS Debt Crisis

“DeMo destroyed him”, National Herald’s story on Subhash Chandra is the most stupid thing you’ll read today

Load More

“Subhash Chandra saw the future of Indian Television single-handedly created the country’s first media entertainment empire. One stumble will not deter him his entrepreneurial courage has always been admirable. May he steer his ship to safe harbour,” said veteran businessman Anand Mahindra.

Chandra is a visionary business leader. He moved from one business to another (Grain Policing, packaging, publishing, leisure parks, broadcasting, cable, DTH, electronic lotteries), and built a 30,000 crore rupees business empire in 5 decades-long career. The crown jewel of Essel Group is Zee Entertainment Enterprises

Chandra took to his family’s business in the early 1970s and built up a thriving 250 crore rupees revenue company by 1990. He came up with the idea to start a television while watching the Gulf War on CNN at a Kuwait hotel.

He founded Zee Entertainment Enterprises Ltd (ZEEL) in early 1990s, to make foray into the television business. The company has become in pioneer of in private television channels with 19.7 per cent of share in all India TV viewership.

The TV business of the Essel Group is performing exceptionally well. It posted revenue of 7,933 crore rupees in FY 19, growing at 12.4 per cent annually and profit-after-tax of 1,567 crore rupees. The only competitor to ZEE’s media domination is STAR news which made entry to India’s private television business in 1992.

Subhash Chandra’s venture into media business paid very well and is paying so far. But, other ventures of the company have not performed very well.

The hardest blow to Chandra’s came from his venture into infrastructure has proved completely fatal. “As most of the infra companies, even we have made some incorrect bids … My obsession of not walking away from the situation has made me bleed Rs 4,000 crore to Rs 5,000 crore,” said Chandra. One wrong move cost the Chandra the controlling stake in the company.

The major lenders from Mutual Funds industry to Zee group include Aditya Birla Sun Life MF, HDFC MF, Franklin Templeton, and ICICI Prudential MF.

When the infrastructure bet of the company went wrong, and the creditors threatened to sell the shares of the ZEEL, to which the loan amount was hedged, Chandra gave ‘personal guarantee’ to the creditors, to save the share prices from nosedive dive.

After Chandra sold the almost three fourth (15 per cent out of 20) of the promoter’s share, to pay back the creditors, he gracefully exit from the company.

Chandra has shown the way on how the promoters of the family-owned firms should resolve the business issues, if the bet goes wrong. “Unlike many other Indian businessmen, he hasn’t fled, tried to hang on to the business by any means or wrangle out of the debt by using his closeness to the current government,” wrote the veteran journalist Vanita Kohli Khandekar, who has decades of experience in covering the Media and Entertainment industry of the country.

After Chandra paid back, and left the Chairman position, the shares of the company rose by 12 per cent. The 5 per cent shares of the company, which Chandra is left with, will now pay 12 per cent more. Given his extensive experience in various industries, he is expected to make a comeback very soon, with a new venture.

Tags: EsselSubhash ChandraZee media
Share1939TweetSend
Previous Post

Group of reformist Christians demand Church Act be implemented but powerful priests, CM Vijayan say no

Next Post

No Muslim can be the Chairperson of Char Dham Management Board, Uttarakhand govt takes a Dharmic decision

Related Posts

How Manusmriti Differs from the Epics
Opinions

How Manusmriti Differs from the Epics

17 July 2025

Ancient Indian texts are among humanity’s richest intellectual and moral legacies. From the Vedas and Upanishads to the Mahabharata,...

Western Media’s Civilizational Insecurity Against India
Opinions

Western Media’s Civilizational Insecurity Against India Masked as Journalism

16 July 2025

Western media's relentless bias against India stems from deep-rooted civilizational jealousy and colonial guilt. Unable to accept a rising,...

India Built Gardens Long Before Babur Dreamt of Charbagh
History

Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

16 July 2025

While Mughal-era gardens like Shalimar Bagh and Humayun’s Tomb are widely celebrated as the epitome of horticultural art in...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

India’s ULRA Bomber: 12,000-km Beast That Can Strike Anywhere Without Refueling

India’s ULRA Bomber: 12,000-km Beast That Can Strike Anywhere Without Refueling

00:07:39

The Shocking Truth About Mass Conversions in Tamil Nadu

00:07:26

The Butcher of Pahalgam: Sulaiman — Trained by ISI, Pakistan’s Commando-Turned-Terrorist

00:04:13

Congress’s Rohith Vemula Bill: Caste Polarization Masquerading as Reform

00:07:33

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

00:06:06
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited