Subhash Chandra
| Subhash Chandra | |
|---|---|
| Born |
30 November 1950 Hisar, Haryana, India |
| Residence | Mumbai, Maharashtra |
| Nationality | Indian |
| Occupation | Founder and Chairman of Essel Group |
| Net worth |
 US$5 billion (November 2015)[1] |
| Website | www.esselgroup.com |
Subhash Chandra (born 30 November 1950), full name Subhash Chandra Goel, is an Indian media mogul, businessman, television personality, motivational speaker and philanthropist.[2] He is chairman of India's largest TV channel network Zee Media, Essel Group and is an Indian conglomerate.[3][4]
Early years
In 1970, Subhash Chandra joined his family business of commission agent and trader in commodity (rice) in Hissar, Haryana.[5] In 1980s he started manufacturing flexible packaging (mainly plastic tubes) for toothpaste, etc. under the name Essel Packaging. He followed up with a leisure park EsselWorld in north Bombay. In 1992, he launched Zee Television, in collaboration with Li Ka Shing and first online lottery and first Dish TV in India.[6]
Business
His channel Zee TV competes with, among others, Sony Entertainment Television and STAR Plus. His TV channels, numbering up to 70, including those in local language Hindi reach 959 millions people spread over 169 countries.[1] He launched India's first satellite TV channel, Zee TV, in 1992.[5] Other interests include packaging, theme parks, lotteries and cinema multiplexes. He started the failed Indian Cricket League, a domestic Twenty20 cricket league intended as a challenge to the Board of Control for Cricket in India, the nation's governing body in Cricket. In November 2009, he took over management responsibility of Daily News & Analysis (DNA), which features among the top 8 English dailies in India and is one of fastest growing English newspapers in the country.
Daily newspaper
In 2005, in collaboration with Dainik Bhaskar group, Subhash Chadra launched an English daily, DNA, in Mumbai to challenge the well settled The Times of India newspaper and the competition was one of the biggest newspaper battles of Mumbai and sustaining earlier losses, the newspaper eventually turned around.[7]
Chandra is the founder-Chairman of the Global Foundation for Civilizational Harmony, an interfaith group.[8] He has donated land for Global Vipassana Pagoda at Borivili and contributed to the spread of this meditation method.[9]
Awards
Emmy award in 2011.[10]
References
- 1 2 "Forbes – Subhash Chandra". Forbes.com. 9 March 2011. Retrieved 15 April 2011.
- ↑ "Essel Group eye global venture, rule out Lalit Modi’s involvement". Indian Express. Retrieved 2 August 2015.
- ↑ "Zee group: Each brother to own 70–80% of business". Times of India. Retrieved 2 August 2015.
- ↑ "Dish TV posts Q1 net profit of Rs 54.21 crore". Economic Times. India Times. Retrieved 2 August 2015.
- 1 2 Adhikari, Anand (25 May 2014). "Passing the Baton". business today.intoday.in. Retrieved 4 August 2015.
- ↑ Khandekar, Vanitha Kohli (25 March 2015). "40 Years Ago... And now: Subhash Chandra's chutzpah shaped his media business". Business Standard. Retrieved 4 August 2015.
- ↑ Ajwani, Deepak (14 March 2014). "At The Zee Group, Son Punit has taken the Baton from Subhash Chandra". Forbes India Magazie. Retrieved 4 August 2015.
- ↑ "Subhash Chandra". gfchindia.com. 22 January 2009. Retrieved 11 February 2011.
- ↑ Nair, Sulekha (30 September 2013). "Remembering SN Goenka, the man who brought Vipassana back to India". firstpost.com. Retrieved 4 August 2015.
- ↑ "Zee TV's Subhash Chandra to Receive Emmy Honor". The Hollywood Reporter. 6 January 2011. Retrieved 14 September 2013.