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Subhash Chandra set to lose control over Zee after sale of stake

Nov 21, 2019, at 02:37 pm

Mumbai/IBNS: Essel group will sell 16.5% stake in Zee Entertainment Enterprises Ltd (ZEEL) to pay the dues of some of its lenders, media baron Subhash Chandra, who heads the group, said on Wednesday, media reports informed.

LIC board gives nod to acquisition of 51 pc stake of IDBI

Jul 16, 2018, at 07:35 pm

Mumbai, July 16 (IBNS): The board of Life Insurance of India (LIC) on Monday approved the acquisition of  51 per cent stake in IDBI Bank, Economic Affairs Secretary Subhash Chandra Garg said.