Subhash Chandra

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Subhash Chandra
Born (1950-11-30) 30 November 1950 (age 73)
Hisar, Haryana, India
Residence Mumbai, Maharashtra
Nationality Indian
Occupation Founder and Chairman of Essel Group
Net worth Increase 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

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External links