Chandra plays an important role as a philanthropist. [6][27], The Zee Entertainment Enterprises Limited (abbreviated as ZEEL; formerly Zee Telefilms Limited) is the media and entertainment broadcasting company of the Essel Group. Zee TV, back then, had a prime time news show every night as a part of their programming mix. [37] The Zee News channel is the flagship channel of the company. In August,2020, Zee Entertainment Enterprises Ltd (ZEEL) appointed promoter Subhash Chandra as chairman emeritus, following his resignation as non-executive director of the firm. Chandra was born in Adampur, on Hisar district, Haryana. Olympiakos owner Evangelos Marinakis was banned from participating in football related activities Thursday after his seven-hour testimony before a corruption investigating judge who is looking into a major match-fixing scandal. Personal Background of Subhash Chandra Chandra was born in Hissar, a small town in north India. [7] The company was merged with the Swiss tube packaging company Propack in 2000. He has started several organizations that support social causes, one out of which is, TALEEM or Transnational Alternate Learning for Emancipation and Empowerment through Multimedia. It launched its flagship television channel, Zee TV on 1 October 1992. [46] Founded in 1982, the Essel Packaging Limited began commercial production between April–June 1983. [7] By 1973, the control of the company was handed over to Subhash Chandra, the grandson of Jagannath Goenka. Subhash Chandra Goenka, current Chairman of Essel Group. [23], As of 2020, the company has suffered successive reduction in revenue and has been subjected to investigative probes by the Enforcement Directorate. Currently, the Zee TV network, consisting up to 90 channels, reach 1.3 Billion people spread over 174 countries. [54] The group owns and operates the amusement parks of "Essel World" and "Water Kingdom" in Mumbai. The company was written to, seeking confirmation of all the details pertaining to the channel and the Company, via email on the 15th January 2019, and a courier on the 1st February 2019. Eventually, a full scale channel was launched as Zee News in 1999. [7] Essel Packaging was the venture of the Essel Group into the packaging industry with the primary product being laminated tube units. Subhash Chandra, the owner of Zee News, is a lawmaker in the Rajya Sabha (Upper House of the India Parliament). Brazil`s Helio Castroneves won for the first time in nearly a year, capturing Sunday`s Indycar Dual in Detroit race to give team owner Roger Penske a Motor City weekend sweep. During one of the very popular shows on Zee News,- DNA – Daily News and Analysis, spoke of a “revolutionary new chip” that was embedded in every 2000-rupee note, so that it can be tracked. Subhash Chandra Goenka (Born 30 November 1950) is an Indian billionaire media baron. It launched its own private cricket league, the Indian Cricket League which held two seasons between 2007–2009 but the league failed to gain traction. [9] The Essel World was opened in 1989 which became the first amusement park in India. In the 1980s he started manufacturing flexible packaging (mainly plastic tubes) for fast moving consumer goods such as toothpaste under the brand name Essel Packaging. The company has had business interests in mass media, broadcasting infrastructure and packaging.It operates the subsidiaries of Zee Media Corporation, Zee Entertainment Enterprises, Dish TV and Siti Networks. In 1992, he launched Zee TV, the second private commercial television channel in the country in association with Star TV in Hong Kong, and in 2003, Dish TV, the first satellite television provider in India. The Hoot, a media watch company said this about Aaj Tak as far back as 2011. [14][18] The momentary market dominance of Zee News was also broken with the emergence of competition from channels such as Aaj Tak, Star News and later NDTV after its own separation from Star News. He was elected as an Independent from the state of Haryana, with the help of Bharatiya Janata Party (BJP). Exchange4media Indian News Broadcasting Awards (EINBA). Subhash Chandra Goenka (Born 30 November 1950) is an Indian billionaire media baron. Sustaining earlier losses, the newspaper eventually turned around. Updated: Oct 16, 2020, 08.42 AM IST . The agreement for the transponder was signed in April 1992 and the Zee TV began broadcasting from 1 October onward. Most data about Zee Media Corporation Ltd. was available online through the company’s Annual Report and through the Ministry of Corporate Affairs. [9], In 1976, the company was renamed as the Essel Group. The same fact has also been found in Mumbai and Patna police investigations. [51] Zee Learn founded the private school chains of Kidzee preschools and Mount Litera Zee K–12 schools. As of 2019, it had more than 1,900 Kidzee preschools and 120 Mount Litera Zee schools across India and three institutes of higher education; the Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and the Himgiri Zee University, Dehradun (HZU). In the past he has been with Sahara Samay, a Hindi news channel that he launched, and then on to India TV, for a brief period. [5][6] Founded in 1926 as the Messrs Ramgopal Indraprasad by Jagannath Goenka, the company was expanded and converted into the Essel Group of Industries by the his grandson, Subhash Chandra. Subhash Chandra Goenka (Born 30 November 1950) is an Indian billionaire media baron.He is the chairman of the Essel Group, an Indian media conglomerate, and founded Zee TV in 1992. [10] Though the amusement park did not provide sufficient returns, it marked the beginning of the group's venture into the entertainment industry. [12] However, he still continues as a non-executive director of the company. Establishing the final beneficiary, that is the, ownership of the company was slightly tricky because there were many companies through which the final owner held stake in Zee Media Corporation Limited. [50] Incorporated in 1958, the company did not begin operating until 2010. Following which, the new units began operating in Hisar and were able to turn consistent profits by selling polished whole grains to Gujarat and South India. © 1998-2020 Zee Media Corporation Ltd (An Essel Group Company), All rights reserved. Schools in Punjab to reopen from October 19, only class … Los Angeles Clippers owner Donald Sterling, banned from the NBA for racist remarks, has handed controlling interest in his team to his wife, the co-owner, and she is negotiating with the league to sell the club, a source with knowledge of the situation said on Friday. [7] Chandra is part of the Goenka (Goel) family which owns and operates the group, he is also the chairman of the company and a Bharatiya Janata Party backed member of the Rajya Sabha. Zee group Chairman Subhash Chandra Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. [55] The Shirpur Gold Refinery uses the brand name of Zee Gold in a joint venture with the Essel Group for the marketing of the refinery's products; the Essel Group gets royalties of 20% on the net profit for the brand usage. Australian Navy to join annual Malabar naval exercises alongside India, US, Japan, Hyderabad floods: Tamil Nadu contributes Rs 10 cr as a token of support to Telangana, Bihar Assembly polls: PM Modi to address 12 rallies; CM Yogi will start campaign from October 20, Eighth grader Indian-American Anika Chebrolu bags $25,000 for possible COVID-19 cure, No pandal hopping for Durga Puja revellers: Calcutta High Court orders pandals to be made into ‘no entry’ zones, Delhi fire tragedy: Owner of gutted floor is AAP worker, says BJP leader Manoj Tiwari, Russell Simmons steps down after new sexual misconduct allegation, Loyal companion: Dog turns fierce, saves woman from getting raped, Delhi: Video editor shot dead by gym owner for objecting to loud music, Man's best friend always! Chandra was also honored with the title of 'Business Standard's Businessman of the Year' in 1999. In 2008, he joined a little-known Hindi news channel called Live India. Again, ZMC owned by Essel Group. [11], On 25 November 2019, Chandra had to resign as chairman of his company Zee Entertainment Enterprises, as per the SEBI Listing Regulations. He was elected as an Independent from the state of Haryana, with the help of Bharatiya Janata Party (BJP). Following the acquirement of the storage contract with the FCI in the same year, the firm under Subhash Chandra set up the Lamina Packers as a manufacturer of packaging materials. However, on the basis of the above, it was clearly observed that Mrs. Sushila Goenka, wife of Dr. Subhash Chandra owns 35.24% share of Zee Media Corporation Limited and Dr. Subhash Chandra 5.65% (traceable) which together stands at 40.89%, Shashi Gupta owns 9.46% shares, public holds 30.89% shares and the remaining 18.76% shares are more than likely held by Dr. Subhash Chandra and Shashi Gupta. Managing Director, Zee Media Corporation Limited, has a Bachelor of Technology from the Bombay (now Mumbai) University. Malcolm Glazer, the controversial American owner of English Premier League giants Manchester United, died Wednesday. BJP lawmaker Manoj Tiwari on Monday claimed that Rehan, owner of the floor of the building which was engulfed by a massive fire in Anaj Mandi area here, is said to be an Aam Aadmi Party (AAP) worker. You can find out more by clicking