The legal team of Essel Group Chairman Dr Subhash Chandra told the National Company Law Appellate Tribunal (NCLAT) on Wednesday that a malicious media narrative was manufactured in the last 15 days over Rs 6.5 crore repayment proposal against creditors’ claims of Rs 22,006 crore even though there was no such final NCLT order in effect. The media narrative caused unfair reputational damage to Dr Chandra, the team said.&nbsp;Appearing for Dr Chandra, Senior Advocate Sasmit Patra said the August 25 opinion approving the repayment plan had not crystallised into a final, enforceable NCLT order but led to a media trial that has tarnished Dr Chandra’s reputation across the country.&nbsp;&nbsp;“The fact is that there is no order today standing in this matter. But for the last 15 days, the personal guarantor, Dr Subhash Chandra, has been vilified across this country, saying that only Rs 6.5 crore are being repaid against credit of Rs 22,000 crore,” Patra submitted before the NCLAT coram of Officiating Chairperson Justice Yogesh Khanna and Technical Members Barun Mitra and Ajai Das Mehrotra.&nbsp;The NCLAT observed that it was not passing any order on Patra’s submission and said Dr Chandra could raise his grievance before the National Company Law Tribunal (NCLT), where the insolvency proceedings are pending.&nbsp;<h2>Contests constitution of 5-member NCLT bench</h2>&nbsp;During the hearing, Patra also questioned the constitution of a 5-member NCLT bench to re-evaluate the repayment plan.&nbsp;He argued that Section 419(5) of the Companies Act, read with the Insolvency and Bankruptcy Code (IBC), does not empower the tribunal to form such a bench.&nbsp;“The scope of Section 419(5) is very limited. If there is a differing view, then that differing view has to be taken up by another member or other members. It does not empower the NCLT under the IBC or company law to form a five-member Bench,” Patra submitted.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nclt-case-dr-subhash-chandra-says-claims-not-true-and-inaccurately-represent-facts-over-reports-of-rs-22-000-crore-loan-1787913325091">NCLT case: Dr Subhash Chandra says 'claims not true and inaccurately represent facts' over reports of 'Rs 22,000 crore loan'</a>&nbsp;He also disputed the lenders’ contention that the three NCLT members who considered the repayment plan had completely divergent opinions.&nbsp;&nbsp;Patra said that Judicial Members Ashok Kumar Bhardwaj and Nilesh Sharma had both favoured approval of the repayment plan and were aligned on the eligibility issue under Section 79 of the IBC, and differed only over the treatment of dissenting creditors.&nbsp;“Both are equally on the same page as far as Section 79 is concerned on eligibility. Therefore, to say all these issues have to be re-litigated is completely wrong,” Patra argued.&nbsp;<h2>Opposes lenders’ bid to withdraw appeals for now</h2>&nbsp;Solicitor General Tushar Mehta, appearing for the appellant-lenders, initially sought to withdraw the lenders’ appeals with liberty to revive them if necessary. He said the appeals might no longer require immediate consideration since the 5-member NCLT bench had stayed the August 25 opinion and decided to hear the case afresh.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nclt-case-dr-subhash-chandra-denies-reports-of-rs-22-000-crore-loan-urges-media-to-correct-facts-1787841820299">NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan, urges media to correct facts</a>&nbsp;Patra opposed the withdrawal of appeals with liberty to revive. He pointed out that the lenders’ appeals were defective because no final order had crystallised out of the August 25 opinion.&nbsp;Following opposition from Dr Chandra’s counsel, Mehta decided not to press the withdrawal and requested that the appeals remain pending. The NCLAT agreed and listed them for October 7, 2026.

Appearing for Dr Chandra, Senior Advocate Sasmit Patra said the August 25 opinion approving the repayment plan had not crystallised into a final, enforceable NCLT order but led to a media trial that has tarnished Dr Chandra’s reputation across the country.

The legal team of Essel Group Chairman Dr Subhash Chandra told the National Company Law Appellate Tribunal (NCLAT) on Wednesday that a malicious media narrative was manufactured in the last 15 days over Rs 6.5 crore repayment proposal against creditors’ claims of Rs 22,006 crore even though there was no such final NCLT order in effect. The media narrative caused unfair reputational damage to Dr Chandra, the team said. Appearing for Dr Chandra, Senior Advocate Sasmit Patra said the August 25 opinion approving the repayment plan had not crystallised into a final, enforceable NCLT order but led to a media trial that has tarnished Dr Chandra’s reputation across the country. “The fact is that there is no order today standing in this matter. But for the last 15 days, the personal guarantor, Dr Subhash Chandra, has been vilified across this country, saying that only Rs 6.5 crore are being repaid against credit of Rs 22,000 crore,” Patra submitted before the NCLAT coram of Officiating Chairperson Justice Yogesh Khanna and Technical Members Barun Mitra and Ajai Das Mehrotra. The NCLAT observed that it was not passing any order on Patra’s submission and said Dr Chandra could raise his grievance before the National Company Law Tribunal (NCLT), where the insolvency proceedings are pending. Contests constitution of 5-member NCLT bench During the hearing, Patra also questioned the constitution of a 5-member NCLT bench to re-evaluate the repayment plan. He argued that Section 419(5) of the Companies Act, read with the Insolvency and Bankruptcy Code (IBC), does not empower the tribunal to form such a bench. “The scope of Section 419(5) is very limited. If there is a differing view, then that differing view has to be taken up by another member or other members. It does not empower the NCLT under the IBC or company law to form a five-member Bench,” Patra submitted. Also Read: NCLT case: Dr Subhash Chandra says 'claims not true and inaccurately represent facts' over reports of 'Rs 22,000 crore loan' He also disputed the lenders’ contention that the three NCLT members who considered the repayment plan had completely divergent opinions. Patra said that Judicial Members Ashok Kumar Bhardwaj and Nilesh Sharma had both favoured approval of the repayment plan and were aligned on the eligibility issue under Section 79 of the IBC, and differed only over the treatment of dissenting creditors. “Both are equally on the same page as far as Section 79 is concerned on eligibility. Therefore, to say all these issues have to be re-litigated is completely wrong,” Patra argued. Opposes lenders’ bid to withdraw appeals for now Solicitor General Tushar Mehta, appearing for the appellant-lenders, initially sought to withdraw the lenders’ appeals with liberty to revive them if necessary. He said the appeals might no longer require immediate consideration since the 5-member NCLT bench had stayed the August 25 opinion and decided to hear the case afresh. Also Read: NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan, urges media to correct facts Patra opposed the withdrawal of appeals with liberty to revive. He pointed out that the lenders’ appeals were defective because no final order had crystallised out of the August 25 opinion. Following opposition from Dr Chandra’s counsel, Mehta decided not to press the withdrawal and requested that the appeals remain pending. The NCLAT agreed and listed them for October 7, 2026.

Appearing for Dr Chandra, Senior Advocate Sasmit Patra said the August 25 opinion approving the repayment plan had not crystallised into a final, enforceable NCLT order but led to a media trial that has tarnished Dr Chandra’s reputation across the country.

‘Unfair media trial without order’: Dr Subhash Chandra’s legal team opposes constitution of 5-member NCLT bench

Putting months of speculation to rest, Dr Subhash Chandra addressed key questions surrounding the recent NCLT order and clarified his position on financial matters. Speaking directly to the public and engaging with India's youth on Instagram, Dr Chandra stated that he never took any loans and had only provided guarantees. During the interaction, he responded to a wide range of queries, offering his perspective on the developments and seeking to clear misconceptions. The candid session drew significant attention online, with many viewers tuning in to hear his explanations firsthand.


Essel Group Chairman Dr Subhash Chandra answers all questions on NCLT order 

Dr. Subhash Chandra has presented his side of the NCLT settlement order

In a statement, Chandra said that he has not taken any loans in his personal capacity. He also clarified the reported ₹22,000 crore personal guarantee and provided details about the dues that have already been settled and the amount that remains pending.

NCLT Settlement Row: Subhash Chandra Presents His Side

The office of Dr. Subhash Chandra has issued a detailed statement on the settlement order in his personal insolvency proceedings before the National Company Law Tribunal (NCLT), saying that social media reactions over the past three days have created a “wrong perception” of the matter.&nbsp;Dr. Chandra’s office said the statement intends to explain the financial position of the personal guarantor and the repayment plan prepared during the insolvency proceedings.&nbsp;According to the statement, the total amount disbursed by the lenders listed in the proceedings was approximately Rs 4,808 crore. Borrowers had repaid Rs 3,803 crore, leaving an outstanding balance of about Rs 998 crore. However, claims filed against the personal guarantor amounted to Rs 5,311 crore.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nclt-case-dr-subhash-chandra-denies-reports-of-rs-22-000-crore-loan-urges-media-to-correct-facts-1787841820299">NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan, urges media to correct facts</a>&nbsp;&nbsp;

<blockquote class="twitter-tweet">I have seen &amp; observed social media posts since past 3 days on the issue. Some of the posts also included hashtags like <a href="https://x.com/hashtag/PaiseVapasKaro?src=hash&amp;ref_src=twsrc%5Etfw">#PaiseVapasKaro</a>.There has been a wrong perception &amp; understanding about the matter. Hence,I am giving a detailed account of the entire matter. <a href="https://t.co/UbL5xXFq6L">pic.twitter.com/UbL5xXFq6L</a>&mdash; Subhash Chandra (@subhashchandra) <a href="https://x.com/subhashchandra/status/2094048435175608384?ref_src=twsrc%5Etfw">August 30, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

&nbsp;&nbsp;According to the statement, Dr Chandra signed personal guarantees aggregating ₹22,000 crore. Of these, guarantees worth around ₹4,800 crore were signed when funds were borrowed by the respective entities. The remaining guarantees, it said, were signed after defaults had occurred.The statement emphasised that the underlying loans were taken by various companies and not by Dr Chandra in his personal capacity and it presented a lender-wise account of the claims submitted in the personal insolvency proceedings initiated by Indiabulls Housing Finance Ltd.&nbsp;&nbsp;&nbsp;

According to the figures shared by Dr Chandra’s office, lenders covered in the statement had collectively disbursed ₹4,808 crore to the borrowing entities. Of this, the borrowers had repaid ₹3,803 crore, leaving a balance of ₹998 crore.However, claims totalling ₹5,311 crore were filed against Dr Chandra as the personal guarantor. Following the settlement or payment of claims amounting to ₹1,049 crore, the remaining claims stood at ₹4,262 crore, the statement said.

&nbsp;&nbsp;Dr Chandra maintained that the difference between the amount described as payable and the claims submitted by lenders would need to be reconciled between the lenders and the respective borrowing entities.He further said he had discussed the matter with the borrowers and had received assurances that the remaining ₹4,262 crore would be settled after reconciliation with the lenders.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nclt-case-dr-subhash-chandra-says-claims-not-true-and-inaccurately-represent-facts-over-reports-of-rs-22-000-crore-loan-1787913325091">NCLT case: Dr Subhash Chandra says 'claims not true and inaccurately represent facts' over reports of 'Rs 22,000 crore loan'</a>&nbsp;Dr Chandra’s office added that the borrowing entities had also raised money from foreign funds, domestic funds, non-banking financial companies and corporates. It claimed that most of these borrowings had either been settled or were in the process of being settled.Dr Chandra urged lenders to engage directly with the borrowing entities, reconcile the outstanding accounts and recover the amounts due from them&nbsp;The statement came after posts circulated online, some carrying hashtags such as #PaiseVapasKaro and #PaisaWapasKaro.&nbsp;The statement added that other borrowings from foreign funds, domestic funds, NBFCs and corporates were also being settled or were backed by adequate assets.&nbsp;&nbsp;

<blockquote class="twitter-tweet">Essel Group Chairman Dr. Subhash Chandra (<a href="https://x.com/subhashchandra?ref_src=twsrc%5Etfw">@subhashchandra</a>) announces an Instagram Live on Monday, August 31, from 9 am onwards, where he will directly address the recent NCLT proceedings and his personal insolvency case<a href="https://x.com/hashtag/SubhashChandraLive?src=hash&amp;ref_src=twsrc%5Etfw">#SubhashChandraLive</a> <a href="https://x.com/hashtag/Askmeanything?src=hash&amp;ref_src=twsrc%5Etfw">#Askmeanything</a> <a href="https://x.com/hashtag/AskMeDirectly?src=hash&amp;ref_src=twsrc%5Etfw">#AskMeDirectly</a>… <a href="https://t.co/5k3IgtuW00">pic.twitter.com/5k3IgtuW00</a>&mdash; WION (@WIONews) <a href="https://x.com/WIONews/status/2093966232399782332?ref_src=twsrc%5Etfw">August 30, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

Dr. Chandra also announced an Instagram Live on Monday, August 31, from 9 am onwards, where he will directly address the recent NCLT proceedings and his personal insolvency case.&nbsp;&nbsp;&nbsp;

The statement said that the difference between the amount described as payable and the claims submitted by lenders would need to be reconciled. Dr Chandra discussed with the borrowers and received assurances that the remaining ₹4,262 crore would be settled after reconciliation with lenders.

The office of Dr. Subhash Chandra has issued a detailed statement on the settlement order in his personal insolvency proceedings before the National Company Law Tribunal (NCLT), saying that social media reactions over the past three days have created a “wrong perception” of the matter. Dr. Chandra’s office said the statement intends to explain the financial position of the personal guarantor and the repayment plan prepared during the insolvency proceedings. According to the statement, the total amount disbursed by the lenders listed in the proceedings was approximately Rs 4,808 crore. Borrowers had repaid Rs 3,803 crore, leaving an outstanding balance of about Rs 998 crore. However, claims filed against the personal guarantor amounted to Rs 5,311 crore. Also Read: NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan, urges media to correct facts

The statement said that the difference between the amount described as payable and the claims submitted by lenders would need to be reconciled. Dr Chandra discussed with the borrowers and received assurances that the remaining ₹4,262 crore would be settled after reconciliation with lenders.

Borrowers will settle ₹4,262 crore after reconciliation: Dr Subhash Chandra

Essel Group Chairman Dr. Subhash Chandra has alleged that a network owned by Mukesh Ambani is spreading what he describes as false information about him and his business affairs. In a video message, Chandra said he attempted to contact Mukesh Ambani directly but did not receive a response. He added that he has now written a letter seeking intervention and urging restraint. Chandra maintained that he has nothing to lose and expressed confidence that facts would ultimately prevail.


Essel Group chairman Dr Subhash Chandra writes to Mukesh Ambani over false media reports

Essel Group Chairman Dr Subhash Chandra on Thursday disputed several figures and claims that have appeared in certain media reports over an NCLT loan-settlement order. He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect, and urged media outlets to present the facts accurately.


Essel Group Chairman Dr Subhash Chandra: 'An attempt is being made to tarnish my image' 

Essel Group Chairman Dr Subhash Chandra on Thursday disputed several figures and claims that have appeared in certain media reports over an NCLT loan-settlement order. He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect, and urged media outlets to present the facts accurately.&nbsp;Dr Subhash Chandra in a statement said, “False rumours and a figure of ₹22,000 crore was circulated on Mukesh Ambani's network - CNBC TV18. Ambani tried to take over Zee. I also called him. When I did not receive a call back, I wrote him a letter. Mukesh ji, please do not engage in propaganda. Your father, Dhirubhai, was a sensible and composed person. I learned a lot from your father. I have nothing to lose but you have a lot to. Please stop your people from doing this. Ambani has a role in the fall of Zee’s shares. I have not asked the government for anything. A Congress MP took the lie forward. They also have to pursue their politics. Please don’t play this game. I would be happy to see you move forward, but please do not do this in India."&nbsp;Dr Chandra issued an official statement saying that he is issuing a press release in the interest of all stakeholders. “I have to state that certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT. I urge all media platforms to publish the facts and to remove any misinformation that is incorrectly interpreted from the Court order.”&nbsp;&nbsp;A statement from his office said, "This clarification addresses certain allegations and misleading reports claiming that the companies which voted in favour of the repayment plan are associate entities. We would like to state that this claim is not true and inaccurately represents the facts. Some of the associate entities referenced in the reports, belonged to Shri Jawahar Goel, whose business interests were separated from Dr. Subhash Chandra in 2008-09 through a family business separation process. The separation process and subsequent division of the business was duly informed to the stock exchanges and the regulator. Further, the term ‘associate entity’ is well-defined in the Insolvency and Bankruptcy Code statutes. In accordance with the provisions of the Code, the companies concerned do not qualify as associate entities of the Group.”&nbsp;<h2>Watch the full video here</h2>

Dr Chandra said that he had not borrowed any money from any lender and was involved in the matter only in his capacity as a personal guarantor for borrowing entities associated with the Essel Group. He said that the total claims against him in the personal insolvency proceedings, filed by lenders objecting to the repayment plan, stood at Rs 3,992 crore, not Rs 22,000 crore as suggested in some reports.&nbsp;Besides, Rs 620 crore of the Rs 3,992 crore claims has already been settled, he said, adding that the borrowing entities have offered a further settlement of Rs 1,063 crore to the lenders concerned. Dr Chandra said that the borrowing entities for which he had provided personal guarantees had repaid nearly Rs 43,000 crore against total company dues of around Rs 45,000 crore as of January 24, 2019. The borrowing entities have assured that they will settle any remaining amount.&nbsp;He also rejected reports regarding his personal net worth, saying that the market capitalisation of Essel Group companies had been incorrectly treated as his individual wealth. Dr Subhash Chandra NCLT case: Why Rs 22,000 crore claim is not his debt “Certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT,” he said. He said the amounts quoted in reports were taken from documents showing claims filed in the case.<h2>Rs 43,000 crore repaid by borrowing companies</h2>He said the companies for which he had given personal guarantees had total outstanding borrowings of around Rs 45,000 crore as of January 24, 2019. “Out of this, they have returned close to Rs.43000 crores since that day,” Dr Chandra said. Dr Chandra also referred to his declaration of assets made in Parliament in 2016, when he had declared total assets worth Rs 39.08 crore. He questioned how a bank could have accepted a personal net worth of Rs 45,888 crore in 2017 when his parliamentary declaration a year earlier had shown assets worth Rs 39.08 crore.

NCLT case: Dr Subhash Chandra says 'claims not true and inaccurately represent facts' over reports of 'Rs 22,000 crore loan'

Essel Group Chairman Dr Subhash Chandra on Thursday disputed several figures and claims that have appeared in certain media reports over an NCLT loan-settlement order. He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect, and urged media outlets to present the facts accurately. Dr Subhash Chandra in a statement said, “False rumours and a figure of ₹22,000 crore was circulated on Mukesh Ambani's network - CNBC TV18. Ambani tried to take over Zee. I also called him. When I did not receive a call back, I wrote him a letter. Mukesh ji, please do not engage in propaganda. Your father, Dhirubhai, was a sensible and composed person. I learned a lot from your father. I have nothing to lose but you have a lot to. Please stop your people from doing this. Ambani has a role in the fall of Zee’s shares. I have not asked the government for anything. A Congress MP took the lie forward. They also have to pursue their politics. Please don’t play this game. I would be happy to see you move forward, but please do not do this in India." Dr Chandra issued an official statement saying that he is issuing a press release in the interest of all stakeholders. “I have to state that certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT. I urge all media platforms to publish the facts and to remove any misinformation that is incorrectly interpreted from the Court order.” A statement from his office said, "This clarification addresses certain allegations and misleading reports claiming that the companies which voted in favour of the repayment plan are associate entities. We would like to state that this claim is not true and inaccurately represents the facts. Some of the associate entities referenced in the reports, belonged to Shri Jawahar Goel, whose business interests were separated from Dr. Subhash Chandra in 2008-09 through a family business separation process. The separation process and subsequent division of the business was duly informed to the stock exchanges and the regulator. Further, the term ‘associate entity’ is well-defined in the Insolvency and Bankruptcy Code statutes. In accordance with the provisions of the Code, the companies concerned do not qualify as associate entities of the Group.” Watch the full video here

Dr Chandra issued an official statement saying that he is issuing a press release in the interest of all stakeholders. &nbsp;He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect

Essel Group Chairman Dr. Subhash Chandra has pushed back against claims surrounding an alleged ₹22,000 crore loan narrative, urging media organizations to verify facts before reporting. Chandra emphasized the importance of accurate journalism and fact-based reporting, arguing that misleading narratives can distort public understanding.


Dr Subhash Chandra counters ₹22,000 crore loan narrative

Essel Group Chairman Dr Subhash Chandra on Thursday disputed several figures and claims that have appeared in certain media reports over an NCLT loan-settlement order. He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect, and urged media outlets to present the facts accurately.&nbsp;Dr Chandra issued an official statement saying that he is issuing a press release in the interest of all stakeholders. “I have to state that certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT. I urge all media platforms to publish the facts and to remove any misinformation that is incorrectly interpreted from the Court order.”&nbsp;Dr Chandra said that he had not borrowed any money from any lender and was involved in the matter only in his capacity as a personal guarantor for borrowing entities associated with the Essel Group. He said that the total claims against him in the personal insolvency proceedings, filed by lenders objecting to the repayment plan, stood at Rs 3,992 crore, not Rs 22,000 crore as suggested in some reports.&nbsp;Besides, Rs 620 crore of the Rs 3,992 crore claims has already been settled, he said, adding that the borrowing entities have offered a further settlement of Rs 1,063 crore to the lenders concerned.&nbsp;Dr Chandra said that the borrowing entities for which he had provided personal guarantees had repaid nearly Rs 43,000 crore against total company dues of around Rs 45,000 crore as of January 24, 2019.&nbsp;&nbsp;The borrowing entities have assured that they will settle any remaining amount.&nbsp;He also rejected reports regarding his personal net worth, saying that the market capitalisation of Essel Group companies had been incorrectly treated as his individual wealth.&nbsp;&nbsp;“Certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT,” he said.&nbsp;He said the amounts quoted in reports were taken from documents showing claims filed in the case.&nbsp;&nbsp;<h2>Rs 43,000 crore repaid by borrowing companies</h2>&nbsp;He said the companies for which he had given personal guarantees had total outstanding borrowings of around Rs 45,000 crore as of January 24, 2019.“Out of this, they have returned close to Rs.43000 crores since that day,” Dr Chandra said.&nbsp;&nbsp;Dr Chandra also referred to his declaration of assets made in Parliament in 2016, when he had declared total assets worth Rs 39.08 crore. He questioned how a bank could have accepted a personal net worth of Rs 45,888 crore in 2017 when his parliamentary declaration a year earlier had shown assets worth Rs 39.08 crore.&nbsp;&nbsp;

Dr Subhash Chandra said he had not borrowed money from any lender and was involved in the matter only in his capacity as a personal guarantor for borrowing entities associated with the Essel Group. He said that the total claims against him  stood at Rs 3,992 crore, not Rs 22,000 crore.

Essel Group Chairman Dr Subhash Chandra on Thursday disputed several figures and claims that have appeared in certain media reports over an NCLT loan-settlement order. He said in a statement that several reports suggesting that he had personally borrowed money or had guaranteed loans worth Rs 22,000 crore were incorrect, and urged media outlets to present the facts accurately. Dr Chandra issued an official statement saying that he is issuing a press release in the interest of all stakeholders. “I have to state that certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT. I urge all media platforms to publish the facts and to remove any misinformation that is incorrectly interpreted from the Court order.” Dr Chandra said that he had not borrowed any money from any lender and was involved in the matter only in his capacity as a personal guarantor for borrowing entities associated with the Essel Group. He said that the total claims against him in the personal insolvency proceedings, filed by lenders objecting to the repayment plan, stood at Rs 3,992 crore, not Rs 22,000 crore as suggested in some reports. Besides, Rs 620 crore of the Rs 3,992 crore claims has already been settled, he said, adding that the borrowing entities have offered a further settlement of Rs 1,063 crore to the lenders concerned. Dr Chandra said that the borrowing entities for which he had provided personal guarantees had repaid nearly Rs 43,000 crore against total company dues of around Rs 45,000 crore as of January 24, 2019. The borrowing entities have assured that they will settle any remaining amount. He also rejected reports regarding his personal net worth, saying that the market capitalisation of Essel Group companies had been incorrectly treated as his individual wealth. “Certain vested media houses are spreading wrong information about my personal insolvency matter in NCLT,” he said. He said the amounts quoted in reports were taken from documents showing claims filed in the case. Rs 43,000 crore repaid by borrowing companies He said the companies for which he had given personal guarantees had total outstanding borrowings of around Rs 45,000 crore as of January 24, 2019. “Out of this, they have returned close to Rs.43000 crores since that day,” Dr Chandra said. Dr Chandra also referred to his declaration of assets made in Parliament in 2016, when he had declared total assets worth Rs 39.08 crore. He questioned how a bank could have accepted a personal net worth of Rs 45,888 crore in 2017 when his parliamentary declaration a year earlier had shown assets worth Rs 39.08 crore.

Dr Subhash Chandra said he had not borrowed money from any lender and was involved in the matter only in his capacity as a personal guarantor for borrowing entities associated with the Essel Group. He said that the total claims against him &nbsp;stood at Rs 3,992 crore, not Rs 22,000 crore.

NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan, urges media to correct facts

Essel Group Chairman Dr Subhash Chandra has outlined his vision for Zee Network as the Essel Group celebrates 100 years, saying he expects the television network to become the world's number one TV media company within the next 10 years and suggesting that viewers could eventually be paid to watch its programmes.&nbsp;"In the next ten years, TV, especially Zee Network, where will it be? We have set a target that after 10 Years, we will pay viewers for watching our shows instead of taking. In 10 years, Zee Network will grow as the world's number one TV media company," Dr Chandra said.&nbsp;Addressing the gathering in Mumbai, Dr Chandra said television will continue to remain relevant despite the growing shift towards mobile platforms. He said traditional TV will coexist with OTT and short-form content, while immersive formats could give viewers a more interactive role in the future."Many people are saying TV is shrinking, everything will be on mobile, but it is not going to shrink. OTT will be here, short forms will be here, but immersive content is coming in which viewers can be part of; you can give direction to them. Such a future you will see soon," he added.&nbsp;Chandra also reflected on the people who have worked with Zee over the years and gone on to achieve success in their respective fields. He said he feels happiest when he sees former members of the Zee family succeed and grow in their personal and professional lives.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/why-militants-are-targeting-non-local-workers-in-kashmir-decoding-the-kulgam-killings-1785608150650">Why militants are targeting non local workers in Kashmir: Decoding the Kulgam killings</a>&nbsp;"Many people worked with Zee, many became singers, many talents emerged. When I see people who become successful in their lives, when I read and hear about your success stories who worked with us in the past, I am the happiest person to see your success and growth other than oneself," he stated.&nbsp;Eminent personalities from the worlds of politics, media, entertainment and civil society gathered in Mumbai to mark the Essel Group's 100-year journey and celebrate its contribution to India's media and entertainment industry.&nbsp;The group's biggest impact arguably came through broadcasting, where it pioneered a new era in Indian television. In 1992, Essel launched Zee TV, India's first private satellite television channel, transforming the country's media landscape. Three years later, it launched Zee News, India's first private news channel. The group later expanded into cable and direct-to-home services through Siti Cable and Dish TV, helping drive the growth of subscription television across Indian households.&nbsp;Essel's journey began in 1926 in Adampur with a grain trading business before evolving into a diverse global conglomerate. Over the past century, the group has expanded across packaging, entertainment, news, distribution, infrastructure, real estate, education, technology, lifestyle and gold refining.&nbsp;Today, Essel Group has a presence in more than 190 countries and has impacted billions of lives while contributing to India's business landscape and global presence.

Essel Group Chairman Dr Subhash Chandra outlined an ambitious vision for Zee Network to become a global TV media leader within a decade while highlighting the future of television, immersive content and the success of former Zee employees as the group marks 100 years.

Essel Group Chairman Dr Subhash Chandra has outlined his vision for Zee Network as the Essel Group celebrates 100 years, saying he expects the television network to become the world's number one TV media company within the next 10 years and suggesting that viewers could eventually be paid to watch its programmes. "In the next ten years, TV, especially Zee Network, where will it be? We have set a target that after 10 Years, we will pay viewers for watching our shows instead of taking. In 10 years, Zee Network will grow as the world's number one TV media company," Dr Chandra said. Addressing the gathering in Mumbai, Dr Chandra said television will continue to remain relevant despite the growing shift towards mobile platforms. He said traditional TV will coexist with OTT and short-form content, while immersive formats could give viewers a more interactive role in the future. "Many people are saying TV is shrinking, everything will be on mobile, but it is not going to shrink. OTT will be here, short forms will be here, but immersive content is coming in which viewers can be part of; you can give direction to them. Such a future you will see soon," he added. Chandra also reflected on the people who have worked with Zee over the years and gone on to achieve success in their respective fields. He said he feels happiest when he sees former members of the Zee family succeed and grow in their personal and professional lives. Also Read: Why militants are targeting non local workers in Kashmir: Decoding the Kulgam killings "Many people worked with Zee, many became singers, many talents emerged. When I see people who become successful in their lives, when I read and hear about your success stories who worked with us in the past, I am the happiest person to see your success and growth other than oneself," he stated. Eminent personalities from the worlds of politics, media, entertainment and civil society gathered in Mumbai to mark the Essel Group's 100-year journey and celebrate its contribution to India's media and entertainment industry. The group's biggest impact arguably came through broadcasting, where it pioneered a new era in Indian television. In 1992, Essel launched Zee TV, India's first private satellite television channel, transforming the country's media landscape. Three years later, it launched Zee News, India's first private news channel. The group later expanded into cable and direct-to-home services through Siti Cable and Dish TV, helping drive the growth of subscription television across Indian households. Essel's journey began in 1926 in Adampur with a grain trading business before evolving into a diverse global conglomerate. Over the past century, the group has expanded across packaging, entertainment, news, distribution, infrastructure, real estate, education, technology, lifestyle and gold refining. Today, Essel Group has a presence in more than 190 countries and has impacted billions of lives while contributing to India's business landscape and global presence.

Essel Group Chairman Dr Subhash Chandra outlined an ambitious vision for Zee Network to become a global TV media leader within a decade while highlighting the future of television, immersive content and the success of former Zee employees as the group marks 100 years.

'Zee Network eyes global TV media leadership in a decade': Chairman Dr Chandra outlines vision as Essel turns 100

The Arya Samaj organisation in Hisar, Haryana, is facing serious allegations of corruption including the temple society and schools run by the organisation. In this context, during a press conference held in Hisar, Dr. Subhash Chandra—Chairman of the Essel Group and former Rajya Sabha MP—raised questions regarding the organisation's functioning.&nbsp;He Highlighting the glorious history of the Arya Samaj and its social reforms such as promoting widow remarriage, linking environment with religion, the tradition of performing havan in every household, and the spread of education. Dr. Subhash Chandra remarked that large-scale corruption has now permeated this great institution.&nbsp;<h2>'Case of corruption worth ₹50 crore'</h2>&nbsp;Dr. Subhash Chandra said that the CAV institution is 108 years old and was established with the aim of providing quality education to underprivileged children at a low fee. He stated that the organisation once owned 450 shops, the rental income from which funded the schools; however, a corruption case involving approximately ₹50 crore has now come to light regarding these very shops and other properties. He also stated that several land parcels associated with the organisation have been sold, and corruption amounting to a total of ₹700 to ₹800 crore is suspected.&nbsp;<h2>CM Nayab Saini given incorrect information</h2>&nbsp;It has also come to light that some individuals pressured the Hisar administration by providing incorrect information to Haryana Chief Minister Nayab Singh Saini, causing the administration to refrain from taking action in this matter. Sarpanch Somesh, who was present at this press conference, also announced an agitation regarding this issue. He stated that if an administrator for Arya Samaj is not appointed by July 23, protests will begin on July 24.&nbsp;<h2>Demand for the appointment of an administrator</h2>&nbsp;Sarpanch Somesh demanded the appointment of an administrator for the organisation, the launch of a new membership drive to bring in individuals who believe in the ideals of Swami Dayanand Saraswati, and the formation of a new committee to ensure the organization operates transparently and with the support of the community, just as it did in the past. It was stated that this institution has been doing excellent work in the field of education for years and has produced many successful students, including several IAS officers. He alleged that the Chief Minister was misled and provided with incorrect information regarding the matter concerning the organization.&nbsp;&nbsp;

Dr. Subhash Chandra stated that the organisation once owned 450 shops, the rental income from which funded the schools; however, a corruption case involving approximately ₹50 crore has now come to light regarding these very shops and other properties.

The Arya Samaj organisation in Hisar, Haryana, is facing serious allegations of corruption including the temple society and schools run by the organisation. In this context, during a press conference held in Hisar, Dr. Subhash Chandra—Chairman of the Essel Group and former Rajya Sabha MP—raised questions regarding the organisation's functioning. He Highlighting the glorious history of the Arya Samaj and its social reforms such as promoting widow remarriage, linking environment with religion, the tradition of performing havan in every household, and the spread of education. Dr. Subhash Chandra remarked that large-scale corruption has now permeated this great institution. 'Case of corruption worth ₹50 crore' Dr. Subhash Chandra said that the CAV institution is 108 years old and was established with the aim of providing quality education to underprivileged children at a low fee. He stated that the organisation once owned 450 shops, the rental income from which funded the schools; however, a corruption case involving approximately ₹50 crore has now come to light regarding these very shops and other properties. He also stated that several land parcels associated with the organisation have been sold, and corruption amounting to a total of ₹700 to ₹800 crore is suspected. CM Nayab Saini given incorrect information It has also come to light that some individuals pressured the Hisar administration by providing incorrect information to Haryana Chief Minister Nayab Singh Saini, causing the administration to refrain from taking action in this matter. Sarpanch Somesh, who was present at this press conference, also announced an agitation regarding this issue. He stated that if an administrator for Arya Samaj is not appointed by July 23, protests will begin on July 24. Demand for the appointment of an administrator Sarpanch Somesh demanded the appointment of an administrator for the organisation, the launch of a new membership drive to bring in individuals who believe in the ideals of Swami Dayanand Saraswati, and the formation of a new committee to ensure the organization operates transparently and with the support of the community, just as it did in the past. It was stated that this institution has been doing excellent work in the field of education for years and has produced many successful students, including several IAS officers. He alleged that the Chief Minister was misled and provided with incorrect information regarding the matter concerning the organization.

Dr. Subhash Chandra stated that the organisation once owned 450 shops, the rental income from which funded the schools; however, a corruption case involving approximately ₹50 crore has now come to light regarding these very shops and other properties.

Arya Samaj organisation in Hisar faces corruption allegations, former Rajya Sabha MP Dr Subhash Chandra raises questions

Veteran industrialist and philanthropist Shri Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, was laid to rest with full traditional honours at Goenka Udyan in Agroha Dham in Haryana's Hisar district on Wednesday (July 15, 2026). Before the final rites, his mortal remains were taken to Vaishnav Agrasen Gaushala, an institution that holds special significance as it was established on the foundation stone laid by him. Hundreds of well-wishers, community members and dignitaries gathered at the gaushala to pay their last respects.&nbsp;Dr Subhash Chandra performed the mukhagni during the funeral ceremony and was joined by his brothers Shri Laxmi Narain Goel, Shri Jawahar Goel and Shri Ashok Goel as they bid a final farewell to their father. Union Minister Manohar Lal Khattar, former Union Minister Dr Harsh Vardhan, Haryana Cabinet Minister Ranbir Gangwa, Rajya Sabha MP Subhash Barala, Hansi MLA Vinod Bhayana, former Haryana Minister Kamal Gupta, Adampur MLA Chandraprakash and Rajasthan MLA Amit Chachan were among those who attended the last rites.<h2>Dr Subhash Chandra announces Rs 100 crore university in his father's memory</h2>Following the funeral, Dr Subhash Chandra announced the establishment of Shri Nand Kishore Goenka University in Agroha to preserve his father's legacy of social service and nation-building. The university will be built on 32 acres at an estimated cost of Rs 100 crore.&nbsp;Announcing the initiative at Goenka Park, Dr Chandra said, "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society."&nbsp;He said the institution would be developed in collaboration with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, under a strategic agreement signed by both organisations.<h2>Social service to remain at the heart of the university's vision</h2>Dr Chandra said the university would reflect the values that guided his father's life. The institution will introduce a specialised course on "Social Service and Giving Back to Society", encouraging students to contribute to community welfare while promoting the ideals of compassion, public service and nation building. According to him, the university aims to blend academic excellence with a strong commitment to serving society.<h2>PM Modi, Amit Shah, Yogi Adityanath and others pay tribute</h2>Prime Minister Narendra Modi expressed his condolences to Dr Subhash Chandra and remembered Shri Nand Kishore Goenka's lifelong commitment to national service. He said, "He not only strengthened business traditions but also fulfilled his responsibilities towards society with sincerity. His service to the Rashtriya Swayamsevak Sangh (RSS), his organisational spirit and his commitment to the principle of "Nation First" made his life an example of simplicity and public welfare."&nbsp;Union Home Minister Amit Shah joined the leaders in paying tribute to the veteran philanthropist. In a letter addressed to Dr Subhash Chandra, Shah paid homage to Shri Nand Kishore Goenka, quoting Lord Krishna from the Shrimad Bhagavad Gita.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nand-kishore-goenka-father-of-subhash-chandra-dies-at-96-1783936635528">In loving memory of Nand Kishore Goenka (1930–2026)</a>&nbsp;"I received the sad news of the passing of your father, Shri Nand Kishore Goenka ji. Hearing this news has left me deeply distressed and heartbroken. The void created in one's life by the loss of a father cannot be expressed in words. I offer my deepest condolences and sympathies to your family during this time of grief," he wrote&nbsp;Rashtriya Swayamsevak Sangh (RSS) Sarsanghchalak Mohan Bhagwat and Sarkaryavah Dattatreya Hosabale remembered Shri Nand Kishore Goenka's lifelong involvement in various social causes, including Go-seva (service to cows). They prayed for eternal peace for his soul and strength for the Goenka family and all those grieving his loss.&nbsp;Uttar Pradesh Chief Minister Yogi Adityanath offered his condolences, saying, “The demise of Shri Nand Kishore Goenka ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr Subhash Chandra ji, a social worker, is extremely heartbreaking. Humble tribute! My condolences are with the bereaved family members. I pray to Lord Shri Ram that the departed noble soul be granted a place at His divine feet, and that the grieving family and supporters be bestowed with the strength to bear this profound sorrow. Om Shanti!”&nbsp;Condolences poured in from Haryana Chief Minister Nayab Singh Saini, Union Minister Manohar Lal Khattar, Delhi Chief Minister Rekha Gupta, NCP Working President Supriya Sule, Gujarat Chief Minister Bhupendra Patel, Aditya Birla Group Chairman Kumar Mangalam Birla, former Haryana Deputy Chief Minister Dushyant Chautala, Uttar Pradesh Deputy Chief Minister Brajesh Pathak, Uttar Pradesh Cabinet Minister Bhupendra Singh Chaudhary and former Haryana BJP president Om Prakash Dhankar.&nbsp;Members of the film fraternity paid homage as well. Actor Anupam Kher wrote, "Dearest Subhash ji! Deeply saddened to know about the passing away of your respected father, Shri. Nand Kishore Goenka ji. May God give you and your family the strength to deal with loss. Om Shanti!" Veteran actor Raza Murad, actress Isha Koppikar and actor Danish Iqbal were among those who remembered his contribution to society.<h2>A life devoted to social service and nation-building</h2>Born on September 28, 1930, in Hisar, Haryana, Shri Nand Kishore Goenka built his life on the values of hard work, humility and selfless service. A dedicated Rashtriya Swayamsevak Sangh (RSS) swayamsevak, he devoted decades to social service, cow welfare and community development. He played an important role in strengthening the Vaishya community and contributed significantly to the development of Agroha, the historic capital of Maharaja Agrasen.&nbsp;Though he witnessed and supported the growth of the Essel Group across generations, he remained committed to public service rather than personal recognition. Widely respected for his integrity, simplicity and dedication to society, Shri Nand Kishore Goenka leaves behind a legacy that continues to inspire his family, the business community and generations of social workers.

Tributes poured in from across the political, business and film worlds, with Prime Minister Narendra Modi, Home Minister Amit Shah and several other leaders remembering Nand Kishore Goenka's legacy.

Veteran industrialist and philanthropist Shri Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, was laid to rest with full traditional honours at Goenka Udyan in Agroha Dham in Haryana's Hisar district on Wednesday (July 15, 2026). Before the final rites, his mortal remains were taken to Vaishnav Agrasen Gaushala, an institution that holds special significance as it was established on the foundation stone laid by him. Hundreds of well-wishers, community members and dignitaries gathered at the gaushala to pay their last respects. Dr Subhash Chandra performed the mukhagni during the funeral ceremony and was joined by his brothers Shri Laxmi Narain Goel, Shri Jawahar Goel and Shri Ashok Goel as they bid a final farewell to their father. Union Minister Manohar Lal Khattar, former Union Minister Dr Harsh Vardhan, Haryana Cabinet Minister Ranbir Gangwa, Rajya Sabha MP Subhash Barala, Hansi MLA Vinod Bhayana, former Haryana Minister Kamal Gupta, Adampur MLA Chandraprakash and Rajasthan MLA Amit Chachan were among those who attended the last rites. Dr Subhash Chandra announces Rs 100 crore university in his father's memory Following the funeral, Dr Subhash Chandra announced the establishment of Shri Nand Kishore Goenka University in Agroha to preserve his father's legacy of social service and nation-building. The university will be built on 32 acres at an estimated cost of Rs 100 crore. Announcing the initiative at Goenka Park, Dr Chandra said, "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society." He said the institution would be developed in collaboration with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, under a strategic agreement signed by both organisations. Social service to remain at the heart of the university's vision Dr Chandra said the university would reflect the values that guided his father's life. The institution will introduce a specialised course on "Social Service and Giving Back to Society", encouraging students to contribute to community welfare while promoting the ideals of compassion, public service and nation building. According to him, the university aims to blend academic excellence with a strong commitment to serving society. PM Modi, Amit Shah, Yogi Adityanath and others pay tribute Prime Minister Narendra Modi expressed his condolences to Dr Subhash Chandra and remembered Shri Nand Kishore Goenka's lifelong commitment to national service. He said, "He not only strengthened business traditions but also fulfilled his responsibilities towards society with sincerity. His service to the Rashtriya Swayamsevak Sangh (RSS), his organisational spirit and his commitment to the principle of "Nation First" made his life an example of simplicity and public welfare." Union Home Minister Amit Shah joined the leaders in paying tribute to the veteran philanthropist. In a letter addressed to Dr Subhash Chandra, Shah paid homage to Shri Nand Kishore Goenka, quoting Lord Krishna from the Shrimad Bhagavad Gita. Also Read: In loving memory of Nand Kishore Goenka (1930–2026) "I received the sad news of the passing of your father, Shri Nand Kishore Goenka ji. Hearing this news has left me deeply distressed and heartbroken. The void created in one's life by the loss of a father cannot be expressed in words. I offer my deepest condolences and sympathies to your family during this time of grief," he wrote Rashtriya Swayamsevak Sangh (RSS) Sarsanghchalak Mohan Bhagwat and Sarkaryavah Dattatreya Hosabale remembered Shri Nand Kishore Goenka's lifelong involvement in various social causes, including Go-seva (service to cows). They prayed for eternal peace for his soul and strength for the Goenka family and all those grieving his loss. Uttar Pradesh Chief Minister Yogi Adityanath offered his condolences, saying, “The demise of Shri Nand Kishore Goenka ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr Subhash Chandra ji, a social worker, is extremely heartbreaking. Humble tribute! My condolences are with the bereaved family members. I pray to Lord Shri Ram that the departed noble soul be granted a place at His divine feet, and that the grieving family and supporters be bestowed with the strength to bear this profound sorrow. Om Shanti!” Condolences poured in from Haryana Chief Minister Nayab Singh Saini, Union Minister Manohar Lal Khattar, Delhi Chief Minister Rekha Gupta, NCP Working President Supriya Sule, Gujarat Chief Minister Bhupendra Patel, Aditya Birla Group Chairman Kumar Mangalam Birla, former Haryana Deputy Chief Minister Dushyant Chautala, Uttar Pradesh Deputy Chief Minister Brajesh Pathak, Uttar Pradesh Cabinet Minister Bhupendra Singh Chaudhary and former Haryana BJP president Om Prakash Dhankar. Members of the film fraternity paid homage as well. Actor Anupam Kher wrote, "Dearest Subhash ji! Deeply saddened to know about the passing away of your respected father, Shri. Nand Kishore Goenka ji. May God give you and your family the strength to deal with loss. Om Shanti!" Veteran actor Raza Murad, actress Isha Koppikar and actor Danish Iqbal were among those who remembered his contribution to society. A life devoted to social service and nation-building Born on September 28, 1930, in Hisar, Haryana, Shri Nand Kishore Goenka built his life on the values of hard work, humility and selfless service. A dedicated Rashtriya Swayamsevak Sangh (RSS) swayamsevak, he devoted decades to social service, cow welfare and community development. He played an important role in strengthening the Vaishya community and contributed significantly to the development of Agroha, the historic capital of Maharaja Agrasen. Though he witnessed and supported the growth of the Essel Group across generations, he remained committed to public service rather than personal recognition. Widely respected for his integrity, simplicity and dedication to society, Shri Nand Kishore Goenka leaves behind a legacy that continues to inspire his family, the business community and generations of social workers.

Tributes poured in from across the political, business and film worlds, with Prime Minister Narendra Modi, Home Minister Amit Shah and several other leaders remembering Nand Kishore Goenka's legacy.

Prominent political and business leaders join family to pay respects as Nand Kishore Goenka's last rites held in Hisar

In today's top world headlines, India's National Security Adviser Ajit Doval urged stronger BIMSTEC cooperation to address shared security and economic challenges, including global supply chain disruptions. Iran warned that any U.S. interference in the Strait of Hormuz would cross a "red line," while explosions were reported near Iran's Jabar Port amid escalating tensions between Washington and Tehran. Israel reaffirmed its military presence in security zones across Lebanon, Syria, and Gaza, and Russian ballistic missile strikes killed civilians in Kyiv. Meanwhile, Toronto recorded the world's worst air quality due to wildfire smoke, Indian stock markets traded flat after a volatile session, and Zee Group Chairman Dr. Subhash Chandra announced the establishment of Sri Nand Kishor Goenka University in Hisar.

Iran threatens U.S. | BIMSTEC summit | Toronto air quality worsens | Kyiv missile attack | WION News

Nand Kishore Goenka, a philanthropist and father of Essel Group Chairman Dr Subhash Chandra, was cremated with full traditional honours on Wednesday afternoon. Before the final rites, his mortal remains were taken to Vaishnav Agrasen Gaushala, an institution he had helped establish by laying its foundation. A large number of well-wishers and members of the community gathered at the gaushala to pay their last respects and bid him a heartfelt farewell. Before the cremation, the funeral procession halted at the Vaishnav Agrasen Gaushala in a symbolic tribute to Goenka's contribution to the institution. The gaushala holds special significance as it was founded on the foundation stone laid by him. Hundreds of local residents and community leaders assembled there to offer their final respects to Goenka, who passed away in Mumbai on July 13, 2026, at the age of 96. Among those present were Union Minister Manohar Lal, former Union Minister Dr Harsh Vardhan, Haryana Cabinet Minister Ranbir Gangwa, Rajya Sabha MP Subhash Barala, Hansi MLA Vinod Bhayana, former Haryana Minister Kamal Gupta, Adampur MLA Chandraprakash and Nohar (Rajasthan) MLA Amit Chachan. Following his demise, PM Modi sent a formal condolence message to Dr Subhash Chandra, deeply mourning the loss of his father, Nand Kishore Goenka. "Deeply saddened to learn about the demise of Shri Nand Kishore Goenka ji. My thoughts are with you and the entire family during this difficult time. I have been fortunate enough to meet him on several occasions, and his warm, affectionate behaviour will always remain in my memory. His passing is an irreparable loss to society, " PM Modi said. In addition, while paying final respects, Union Minister Manohar Lal remarked that the guiding philosophy and values of Goenka would continue to inspire generations. Spiritual leader Yoga Guru Baba Ramdev also paid his tributes and shared the family's grief, stating that he considered himself the "fifth brother" of the Goenka family.&nbsp;Dr Subhash Chandra announces Rs 100-cr university&nbsp;&nbsp;Addressing people at Goenka Park, after the funeral rites, Dr Chandra announced that a university named after Nand Kishore Goenka will be established to carry forward his legacy. He said the university will be built on 32 acres of land at an estimated cost of Rs 100 crore. "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society," Dr Chandra said. Nand Kishore Goenka was born on September 28, 1930, in Hisar, Haryana. He built his life on the foundations of Indian values, hard work and moral principles. The struggles of his early years made him self-reliant, while the values instilled by the Rashtriya Swayamsevak Sangh (RSS) shaped him into a dedicated servant of the nation. He never sought fame and regarded every task as an offering to God and a means of serving the country. He was a guide to society, a trusted organisational worker, a devoted advocate of cow protection, an inspiration to the Agrawal community and a vigilant guardian of national values.

<h3>A life shaped by RSS values</h3>For Goenka, the Rashtriya Swayamsevak Sangh was not merely an organisation but a way of life. He remained a disciplined, dedicated and committed volunteer throughout his life. He lived by the Sangh's guiding principle of "Nation First" with complete sincerity. Patriotism, for him, was not a matter of speeches but an everyday practice. Discipline, punctuality, humility, self-restraint and organisational commitment were integral parts of his personality. As Vice President of the Haryana unit of the Vishwa Hindu Parishad and a member of its Central Cow Protection Committee, Goenka made significant contributions. He believed that organising Hindu society was not solely the responsibility of any institution but of every conscious citizen. He extended his wholehearted support—through his time, effort and resources—to the Parishad's initiatives related to service, values, social harmony and religious awareness. For him, cow protection was not merely a movement but an effort to preserve Indian culture, agriculture, rural life and compassion. He regarded the cow as the foundation of Indian civilisation. His active association with numerous gaushalas and cow protection campaigns reflected this conviction. Paying tribute to him, Vishwa Hindu Parishad International President Shri Alok Kumar said," While Shri Nand Kishore Goenka's mortal body has merged with the five elements today, his virtues, deeds, character and greatness will remain immortal. As a dedicated RSS volunteer, he devoted his entire life to selfless service. As a true descendant of Maharaja Agrasen, he developed Agroha Dham into a pilgrimage centre for the Vaishya community. His contribution as Vice President of the Haryana unit of the Vishwa Hindu Parishad and as a member of its Central Cow Protection Committee will always be remembered. He was a true servant of Gau Mata and dedicated his entire life to Bharat Mata."&nbsp;Also read: 'I am strong...': Sonam Wangchuk breaks silence as health deteriorates; Cong's Shashi Tharoor urges him to end fast<h3>Agroha Dham: Dream and lifelong mission</h3>Maharaja Agrasen, remembered in history and associated with the Mahabharata era, symbolises the Indian tradition of equality, cooperation and public welfare, reflected in the principle of "one brick and one-and-a-quarter rupees." Shri Nand Kishore Goenka resolved to carry this legacy to the masses. His contribution to the development of Agroha Dham was immense. He envisioned it not merely as a temple complex or memorial but as a centre of cultural consciousness, social unity and national resurgence for the Vaishya community. Today, Agroha Dham welcomes lakhs of devotees from across the country as a place of faith, inspiration and social unity. Shri Goenka's role in this achievement will always be remembered with respect. Shri Goenka believed that the highest form of service is one performed without seeking recognition. For this reason, he never publicised his philanthropic work. He consistently supported education, healthcare, religious institutions, social organisations and people in need. He always believed that a society does not become great through economic progress alone but also through values, education and service. Accordingly, he encouraged numerous social and educational initiatives and worked to strengthen community bonds. Despite belonging to a highly respected family, there was no trace of ostentation in his life. He was approachable, humble and warm. Anyone who visited him never felt like an outsider. His speech reflected kindness, his conduct inspired affection, and his decisions demonstrated clarity. He possessed the ability to listen, which earned him deep respect in society.<h3>Values passed on to his family</h3>Behind every great family stands a great source of values, and Nand Kishore Goenka fulfilled that role for the Goenka family. He not only guided his children towards success but also taught them that the true purpose of success is to fulfil one's responsibilities towards society. The diligence, courage, innovation and deep-rooted Indian values reflected in the personalities of Dr Subhash Chandra, Shri Lakshmi Narayan, Shri Jawahar and Shri Ashok Goyal clearly bear the imprint of the values instilled by their father. Nand Kishore Goenka completed his life's journey at the age of 96. As his last rites were performed on the sacred land of Hisar, it was not merely a family bidding farewell but an entire era of society. Countless RSS volunteers, saints, social workers, industrialists, public representatives and ordinary citizens gathered to pay their final respects. This honour was not for a position he held, but for a life of selfless dedication. Nand Kishore Goenka demonstrated through his life that serving the nation and society does not require any official position; it requires selflessness, unwavering resolve and continuous action. Throughout his life, he embodied the dedication of an RSS volunteer, the commitment of a Vishwa Hindu Parishad worker, the compassion of a devotee of cow protection, the social consciousness of an Agrawal and the dignity of an Indian householder. His life was a living example of the Indian ideal in which dharma, service, organisation, compassion, humility and patriotism complement one another.&nbsp;

Union Minister Manohar Lal remarked that the guiding philosophy and values of Goenka would continue to inspire generations. Spiritual leader Yoga Guru Baba Ramdev also paid his tributes and shared the family's grief, stating that he considered himself the "fifth brother" of the Goenka family.

Nand Kishore Goenka, a philanthropist and father of Essel Group Chairman Dr Subhash Chandra, was cremated with full traditional honours on Wednesday afternoon. Before the final rites, his mortal remains were taken to Vaishnav Agrasen Gaushala, an institution he had helped establish by laying its foundation. A large number of well-wishers and members of the community gathered at the gaushala to pay their last respects and bid him a heartfelt farewell. Before the cremation, the funeral procession halted at the Vaishnav Agrasen Gaushala in a symbolic tribute to Goenka's contribution to the institution. The gaushala holds special significance as it was founded on the foundation stone laid by him. Hundreds of local residents and community leaders assembled there to offer their final respects to Goenka, who passed away in Mumbai on July 13, 2026, at the age of 96. Among those present were Union Minister Manohar Lal, former Union Minister Dr Harsh Vardhan, Haryana Cabinet Minister Ranbir Gangwa, Rajya Sabha MP Subhash Barala, Hansi MLA Vinod Bhayana, former Haryana Minister Kamal Gupta, Adampur MLA Chandraprakash and Nohar (Rajasthan) MLA Amit Chachan. Following his demise, PM Modi sent a formal condolence message to Dr Subhash Chandra, deeply mourning the loss of his father, Nand Kishore Goenka. "Deeply saddened to learn about the demise of Shri Nand Kishore Goenka ji. My thoughts are with you and the entire family during this difficult time. I have been fortunate enough to meet him on several occasions, and his warm, affectionate behaviour will always remain in my memory. His passing is an irreparable loss to society, " PM Modi said. In addition, while paying final respects, Union Minister Manohar Lal remarked that the guiding philosophy and values of Goenka would continue to inspire generations. Spiritual leader Yoga Guru Baba Ramdev also paid his tributes and shared the family's grief, stating that he considered himself the "fifth brother" of the Goenka family. Dr Subhash Chandra announces Rs 100-cr university Addressing people at Goenka Park, after the funeral rites, Dr Chandra announced that a university named after Nand Kishore Goenka will be established to carry forward his legacy. He said the university will be built on 32 acres of land at an estimated cost of Rs 100 crore. "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society," Dr Chandra said. Nand Kishore Goenka was born on September 28, 1930, in Hisar, Haryana. He built his life on the foundations of Indian values, hard work and moral principles. The struggles of his early years made him self-reliant, while the values instilled by the Rashtriya Swayamsevak Sangh (RSS) shaped him into a dedicated servant of the nation. He never sought fame and regarded every task as an offering to God and a means of serving the country. He was a guide to society, a trusted organisational worker, a devoted advocate of cow protection, an inspiration to the Agrawal community and a vigilant guardian of national values.

Union Minister Manohar Lal remarked that the guiding philosophy and values of Goenka would continue to inspire generations. Spiritual leader Yoga Guru Baba Ramdev also paid his tributes and shared the family's grief, stating that he considered himself the "fifth brother" of the Goenka family.

Nand Kishore Goenka cremated at Agroha Dham; family, political leaders gather to pay tribute

Nand Kishore Goenka, a revered social worker and the father of Essel Group Chairman Dr. Subhash Chandra, passed away on July 13, at the age of 96. Known for his profound commitment to samaj seva (service to society), gau seva (service to cows), and his lifelong association with the Rashtriya Swayamsevak Sangh (RSS), he leaves behind a legacy of humility and compassion. 


Dr Subhash Chandra announces ₹100 crore university in Goenka's memory 

Essel Group Chairman Dr Subhash Chandra on Wednesday (July 15, 2026) performed the mukhagni (funeral rite) for his father, veteran industrialist and philanthropist Nand Kishore Goenka, who died in Mumbai on July 13. Goenka's last rites were performed at Goenka Udyan in Agroha Dham, located in the Hisar district of Haryana.&nbsp;&nbsp;Addressing people at Goenka Park, after the funeral rites, Dr Chandra announced that a university named after Nand Kishore Goenka will be established to carry forward his legacy. He said the university will be built on 32 acres of land at an estimated cost of Rs 100 crore. "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society," Dr Chandra said.&nbsp;Also read: <a href="https://www.wionews.com/india-news/amarnath-yatra-breaks-records-draws-over-3-lakh-devotees-in-12-days-1784105016072">Amarnath Yatra breaks records, draws over 3 lakh devotees in 12 days</a><h2>Social service and giving back at the heart of the university's vision</h2>Dr Chandra outlined the vision for the upcoming university, saying it will carry forward his father's lifelong commitment to philanthropy through a dedicated academic programme.The university will introduce a specialised course on "Social Service and Giving Back to Society", aimed at encouraging students to contribute to community welfare and uphold the values that guided Shri Goenka's life.&nbsp;He also said the institution will be established in collaboration with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, under a strategic agreement signed by both sides.&nbsp;https://www.wionews.com/videos/dr-subhash-chandra-announces-100-crore-university-in-goenka-s-memory-1784133733976/embed&nbsp;"Our entire family is blessed to have been born to such a noble soul. Agroha is not only a sacred land for the entire Agrawal and Vaishya communities, but it has also sent powerful messages of inspiration across India and the world.&nbsp;Because this region is deeply connected with business, my brothers and I decided to channel resources here. We have signed a strategic agreement with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, to establish this university. It will sit on 32 acres of our family land and will cost around ₹100 crore. Additionally, to carry forward Shri Goenka's legacy of service, we will introduce a dedicated course focused on social service and community welfare."

<blockquote class="twitter-tweet" data-media-max-width="560">Dr Subhash Chandra&#39;s Father Nand Kishore Goenka was laid to rest at Agroha Dham in Hisar, where his last rites were performed with full respect Thousands pay final respects to Nand Kishore Goenka<a href="https://x.com/Rhythmsharmax?ref_src=twsrc%5Etfw">@Rhythmsharmax</a> has more <a href="https://t.co/Xiw7TktAIk">pic.twitter.com/Xiw7TktAIk</a>&mdash; WION (@WIONews) <a href="https://x.com/WIONews/status/2077398599022108797?ref_src=twsrc%5Etfw">July 15, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

<h3>What is the history of Agroha Dham?</h3>Construction of Agroha Dham began in 1976 and was completed in 1984, and it is dedicated to Goddess Mahalakshmi and Maharaja Agrasen. The site extends across nearly 300 bighas, housing the Shakti Sarovar and magnificent temples. Over the years, it has developed into a centre for education, healthcare and cultural advancement.&nbsp;Nand Kishore Goenka has played a key role in the construction and development of Agroha Dham, the historic town associated with Maharaja Agrasen, and is widely credited for his invaluable contribution. His last rites were also performed at Goenka Udyan within Agroha Dham. Bajrang Das Garg, a leader of the Vaishya community and a close associate of the Goenka family, told the media, "Shri Nand Kishore Goenka was one of the principal founders of Agroha Dham. As a patron of the Vaishya community, he made historic contributions to the development of several social and religious institutions in Hisar as well as across the state of Haryana." Goenka was among the key individuals associated with the establishment and expansion of this religious site. Through his efforts, Agroha Dham gained recognition not only across India but also among the Agrawal community living abroad. He also made notable contributions in the fields of education and social development in Hisar. He also served as the patron of the Shri Devi Bhawan Mandir Gaushala Trust and held the responsibilities of President and Patron of the Shri Vaishnav Agrasen Gaushala. Agroha, which was established as the capital of Maharaja Agrasen, had been a centre of trade and prosperity since ancient times. Following the invasion by Muhammad Ghori in 1194, Agroha Dham became deserted. Efforts to rebuild and redevelop the site began again in 1907. In 1907, Saint Brahmanand Brahmachari arrived in Agroha, and in 1908, he inspired the Agrawal community to establish the "Agrawal Darbar." Later, in 1976, a resolution for the revival of Agroha was passed at the All India Agrawal Representatives Conference.

Nand Kishore Goenka has played a key role in the construction and development of Agroha Dham, the historic town associated with Maharaja Agrasen, and is widely credited for his invaluable contribution. 

Essel Group Chairman Dr Subhash Chandra on Wednesday (July 15, 2026) performed the mukhagni (funeral rite) for his father, veteran industrialist and philanthropist Nand Kishore Goenka, who died in Mumbai on July 13. Goenka's last rites were performed at Goenka Udyan in Agroha Dham, located in the Hisar district of Haryana. Addressing people at Goenka Park, after the funeral rites, Dr Chandra announced that a university named after Nand Kishore Goenka will be established to carry forward his legacy. He said the university will be built on 32 acres of land at an estimated cost of Rs 100 crore. "We have decided to build a university in Goenka Ji's name on 32 acres of land. It will cost around Rs 100 crore. To ensure that his legacy continues, we will introduce courses focused on social service and contributing to society," Dr Chandra said. Also read: Amarnath Yatra breaks records, draws over 3 lakh devotees in 12 days Social service and giving back at the heart of the university's vision Dr Chandra outlined the vision for the upcoming university, saying it will carry forward his father's lifelong commitment to philanthropy through a dedicated academic programme. The university will introduce a specialised course on "Social Service and Giving Back to Society", aimed at encouraging students to contribute to community welfare and uphold the values that guided Shri Goenka's life. He also said the institution will be established in collaboration with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, under a strategic agreement signed by both sides. https://www.wionews.com/videos/dr-subhash-chandra-announces-100-crore-university-in-goenka-s-memory-1784133733976/embed "Our entire family is blessed to have been born to such a noble soul. Agroha is not only a sacred land for the entire Agrawal and Vaishya communities, but it has also sent powerful messages of inspiration across India and the world. Because this region is deeply connected with business, my brothers and I decided to channel resources here. We have signed a strategic agreement with the Entrepreneurship Development Institute of India (EDII), Ahmedabad, to establish this university. It will sit on 32 acres of our family land and will cost around ₹100 crore. Additionally, to carry forward Shri Goenka's legacy of service, we will introduce a dedicated course focused on social service and community welfare."

Nand Kishore Goenka has played a key role in the construction and development of Agroha Dham, the historic town associated with Maharaja Agrasen, and is widely credited for his invaluable contribution.&nbsp;

Dr Subhash Chandra performs last rites of father Nand Kishore Goenka, announces Rs 100-cr university in his memory

Nand Kishore Goenka, the father of Essel Group Chairman Dr Subhash Chandra, passed away in Mumbai on Monday at the age of 96. Known for his lifelong commitment to social service, philanthropy and community welfare, Goenka's demise has led to an outpouring of tributes from political leaders, the business industry, as well as members of Bollywood.<h2>Dr Subhash Chandra shares the news</h2>Dr Subhash Chandra took to his social media to share the heartbreaking news. "Today morning our beloved father Nand Kishore Goenka, breathed his last. Though all in family are saddened. My desire is to celebrate his 96 year's life, which was full of samaj seva, cow seva, and national service as RSS sayam sevak," he wrote.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nand-kishore-goenka-father-of-essel-group-chairman-dr-subhash-chandra-passes-away-at-96-1783932843710">Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, passes away at 96</a>&nbsp;

<blockquote class="twitter-tweet">Today morning our beloved father Nand Kishore Goenka, breathed his last. Though all in family are saddened. My desire is to celebrate his 96 year&#39;s life, which was full of samaj seva, cow seva,and national service as RSS sayam sevak.&mdash; Subhash Chandra (@subhashchandra) <a href="https://x.com/subhashchandra/status/2076591893979213894?ref_src=twsrc%5Etfw">July 13, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

&nbsp;As soon as the news surfaced, several Bollywood personalities paid heartfelt tribute to Nand Kishore Goenka and remembered his contribution to society.&nbsp;Actor Anupam Kher remembered him on X and wrote, "Dearest Subhash ji! Deeply saddened to know about the passing away of your respected father Shri. Nand Kishore Goenka ji. May God give and your family the strength to deal with loss. Om Shanti!"&nbsp;

<blockquote class="twitter-tweet">Dearest Subhash ji! Deeply saddened to know about the passing away of your respected father Shri. Nand Kishore Goenka ji. May God give and your family the strength to deal with loss. Om Shanti! 🙏🕉💔<a href="https://x.com/subhashchandra?ref_src=twsrc%5Etfw">@subhashchandra</a> <a href="https://t.co/uWMttJX9LD">https://t.co/uWMttJX9LD</a>&mdash; Anupam Kher (@AnupamPKher) <a href="https://x.com/AnupamPKher/status/2076609442062406058?ref_src=twsrc%5Etfw">July 13, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

&nbsp;Meanwhile, Veteran actor Raza Murad remembered Nand Kishore Goenka, saying, "I am deeply saddened by the news. Nand Kishore Goenka, father of Dr Subhash Chandra is no more but the good work he has done for the nation and its citizens will always be remembered as his living legacy."&nbsp;https://www.wionews.com/videos/pm-modi-remembers-shri-nand-kishore-goenka-s-noble-values-1784088752062/embed&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nand-kishore-goenka-father-of-subhash-chandra-dies-at-96-1783936635528">In loving memory of Nand Kishore Goenka (1930–2026)</a>&nbsp;Actress Isha Koppikar paid tribute on X, and wrote, "Saddened to hear of the passing of Shri Nand Kishore Goenka ji. My heartfelt condolences to Dr. Subhash Chandra ji and the entire Goenka family. May the Almighty grant strength to the family and eternal peace to the departed soul. Om Shanti."&nbsp;

<blockquote class="twitter-tweet">Saddened to hear of the passing of Shri Nand Kishore Goenka ji. My heartfelt condolences to Dr. Subhash Chandra ji and the entire Goenka family. May the Almighty grant strength to the family and eternal peace to the departed soul. Om Shanti. 🙏&mdash; Isha Koppikar (@ishakonnects) <a href="https://x.com/ishakonnects/status/2076665514433409089?ref_src=twsrc%5Etfw">July 13, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

"The loss of a parent leaves an irreplaceable void," actor Danish Iqubal shared on his Instagram Stories. "My deepest condolences to Zee Telefilms Chairman Dr. Subhash Chandra and his family on the passing of his beloved father, Shri Nand Kishore Goenka. May God grant the family strength, courage and peace during this difficult time."&nbsp;"Deeply saddened by the demise of Shri Nand Kishore Goenka. He will be remembered for his unwavering integrity, humility, and the timeless values he embodied throughout his life. My heartfelt condolences to Dr. Subhash Chandra ji and the entire Goenka family, as well as the Zee family, during this profound grief," actor Arjan Bajwa wrote.<h2>Nand Kishore Goenka's final rites</h2>He took his last breath at around 12:30 pm at his residence in Mumbai. Following his demise, family members, friends and well-wishers gathered to pay their final respects at his Marine Drive home.&nbsp;Also Read: <a href="https://www.wionews.com/photos/100-years-of-essel-group-marking-an-impression-of-a-century-through-innovation-and-entrepreneurial-spirit-1779350406250">100 years of Essel Group: Marking an ‘impression of a century’ through innovation and entrepreneurial spirit</a>&nbsp;According to the family, his mortal remains will be flown to Hisar, his hometown, on Tuesday, July 14, by chartered aircraft.&nbsp;They will be placed at Goenka House in Krishna Mandi to allow the public to offer their respects before the funeral ceremonies.&nbsp;His last rites are expected to take place on Wednesday, July 15, at 11 am in Hisar, and the cremation will be held at Goenka Udyan within Agroha Dham, the same location where his wife was cremated.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/tributes-pour-in-as-essel-group-chairman-dr-subhash-chandra-s-father-nand-kishore-goenka-passes-away-1783937072481">Tributes pour in as Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka passes away</a><h2>Legacy of Nand Kishore Goenka</h2>Born on September 28, 1930, in Hisar, Haryana, Nand Kishore Goenka dedicated his life to public service despite being a part of one of India's prominent business families.He is known for his social initiatives, religious activities and community development.&nbsp;Nand Kishore Goenka was also a longtime Rashtriya Swayamsevak Sangh (RSS) volunteer and remained actively associated with various social and cultural causes throughout his life.&nbsp;His contributions extended to education and charitable work in Hisar as well.&nbsp;&nbsp;&nbsp;&nbsp;

Following the demise of Nand Kishore Goenka, the father of Essel Group Chairman Dr Subhash Chandra, social media is flooded with tributes from political leaders, business industry as well as members of Bollywood.

Nand Kishore Goenka, the father of Essel Group Chairman Dr Subhash Chandra, passed away in Mumbai on Monday at the age of 96. Known for his lifelong commitment to social service, philanthropy and community welfare, Goenka's demise has led to an outpouring of tributes from political leaders, the business industry, as well as members of Bollywood. Dr Subhash Chandra shares the news Dr Subhash Chandra took to his social media to share the heartbreaking news. "Today morning our beloved father Nand Kishore Goenka, breathed his last. Though all in family are saddened. My desire is to celebrate his 96 year's life, which was full of samaj seva, cow seva, and national service as RSS sayam sevak," he wrote. Also Read: Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, passes away at 96

Following the demise of Nand Kishore Goenka, the father of Essel Group Chairman Dr Subhash Chandra, social media is flooded with tributes from political leaders, the business industry, as well as members of Bollywood.

Bollywood celebrities pay tribute as Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, dies at 96

Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka, passed away at the age of 96 in Mumbai on Monday. His mortal remains have been kept at A Road, Vasant Sagar, Marine Drive, Mumbai, for family members, friends, and well-wishers to pay their respects. The mortal remains will be flown by chartered aircraft to Hisar, Haryana, at 7 am on Tuesday and will be kept for public homage at his residence, Goenka House, 166, Krishna Mandi, Hisar, and his last rites will be performed on Wednesday morning at Goenka Udyan in Agroha.&nbsp;Tributes started pouring in from all quarters as the news of his demise came.&nbsp;&nbsp;Haryana Chief Minister Nayab Singh Saini said, “We have received the sorrowful news of the passing of Shri Nand Kishore Goenka ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr. Subhash Chandra ji. We pray to God to grant the departed soul a place at His holy feet and provide strength to the bereaved family and well-wishers to bear this grief. Om Shanti.”&nbsp;Union minister Manohar Lal Khattar said, “We have received the sorrowful news of the passing of Shri Nand Kishore Goenka Ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr. Subhash Chandra Ji, and the renowned social worker. His dedicated life of service to society and commitment to human values will forever remain an inspiration. We pray to the Almighty to grant his noble soul a place at His divine feet, and bestow strength and solace upon the bereaved family and all his well-wishers to bear this immense grief. Om Shanti.”&nbsp;https://www.wionews.com/videos/remembering-nand-kishore-goenka-pm-modi-pays-tribute-to-shri-n-k-goenka-1784021230098/embed&nbsp;Delhi Chief Minister Rekha Gupta said, “The news of the demise of former MP and Chairman of the Essel Group, Dr. Subhash Chandra ji’s revered father, social worker Shri Nand Kishore Goenka ji, is extremely heartbreaking. May God grant peace to his soul and provide strength to the bereaved family during this difficult time. Om Shanti”&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nand-kishore-goenka-father-of-essel-group-chairman-dr-subhash-chandra-passes-away-at-96-1783932843710">Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, passes away at 96</a>&nbsp;NCP Working President and Lok Sabha MP Supriya Sule said, “Deeply saddened to learn about the demise of Shri Nand Kishore Goenka, father of Dr. Subhash Chandra, Chairman of Zee Essel Group. My heartfelt condolences to Dr. Subhash Chandra ji and the Goenka family during this difficult time. May his soul rest in peace.”&nbsp;&nbsp;

<blockquote class="twitter-tweet">Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, passes away at 96 READ: <a href="https://t.co/PSj79zv8Cg">https://t.co/PSj79zv8Cg</a><a href="https://t.co/PSj79zv8Cg">https://t.co/PSj79zv8Cg</a>&mdash; WION (@WIONews) <a href="https://x.com/WIONews/status/2076600247112151360?ref_src=twsrc%5Etfw">July 13, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

&nbsp;UP CM Yogi Adityanath said, “The demise of Shri Nand Kishore Goenka ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr. Subhash Chandra ji, a social worker, is extremely heartbreaking. Humble tribute! My condolences are with the bereaved family members. I pray to Lord Shri Ram that the departed noble soul be granted a place at His divine feet, and that the grieving family and supporters be bestowed with the strength to bear this profound sorrow. Om Shanti!”&nbsp;Gujarat CM Bhupendra Patel said, “The news of the passing of Shri Nandkishore Goenka Ji, the revered father of Dr. Subhash Chandra Ji, Chairman of the Essel Group and industrialist, a devoted swayamsevak of the Rashtriya Swayamsevak Sangh, and a renowned social worker, is extremely heartbreaking. May God grant a place at His holy feet to the departed noble soul and bestow strength upon the bereaved family and all his well-wishers to bear this sorrow. Om Shanti.”&nbsp;Aditya Birla Group Chairman Kumar Mangalam Birla said, “Saddened by the passing away of Shri. Nand Kishore Goenka. A respected patriarch, he leaves behind a legacy of integrity, humility and values that have inspired all those who had the privilege of knowing him. My sincere condolences to Shri. Subhash Goenka and the entire Zee parivar.”&nbsp;Maharashtra BJP President Ravindra Chavan said, “It is extremely heartbreaking to learn that Dr. Subhash Chandra, a leading entrepreneur in the Indian media world and Chairman of the Essel Group, has suffered the loss of his father. Shri. Nandkishor Goenka, the father of Subhashji, was a senior swayamsevak who grew up in the lap of the Rashtriya Swayamsevak Sangh. He dedicated his entire life to social service and cow protection. Additionally, he made invaluable contributions to fostering a sense of unity within the Vaishya community.May Nandkishorji's soul attain eternal peace. The BJP Maharashtra family stands in solidarity with the Essel industrial group's grief, alongside the Goenka family. May they find the strength to recover from this sorrow—this is our prayer at the feet of the Lord!”&nbsp;Bihar Chief Minister Samrat Choudhary said, “The news of the demise of Shri Nand Kishore Goenka Ji, the revered father of Dr. Subhash Chandra Ji, Chairman of Essel Group and former Rajya Sabha MP, is extremely heartbreaking. I pray to God that He grants a place at His holy feet to the departed noble soul and bestows upon the bereaved family the strength, patience, and fortitude to endure this unbearable sorrow. Om Shanti.”&nbsp;Haryana’s former deputy Chief Minister, Dushyant Chautala said, “Deeply saddened to learn about the demise of Shri Nand Kishore Goenka ji. My heartfelt condolences to Dr. Chandra and the entire bereaved family during this difficult time. May the departed soul find eternal peace. Om Shanti.”&nbsp;UP deputy CM Brajesh Pathak said, “We have received the extremely sorrowful news of the passing of Shri Nand Kishore Goenka Ji, the revered father of Dr. Subhash Chandra Ji, Chairman of the Essel Group. We pray to Lord Shri Hari Ji to grant the noble soul a place at His divine feet and bestow upon the bereaved family the strength to endure this profound grief. Om Shanti!!!”&nbsp;UP cabinet minister Bhupendra Singh Chaudhary said, “The news of the passing of Shri Nand Kishore Goenka ji, the revered father of Dr. Subhash Chandra ji, Chairman of the Essel Group and the honourable former Rajya Sabha MP, is extremely heartbreaking and soul-shattering. In this hour of grief, my deepest condolences are with the bereaved family. I pray to Lord Shri Ram Chandra ji that He grant a place at His divine feet to the departed noble soul and bestow upon the grief-stricken family members and their well-wishers the strength, patience, and fortitude to bear this immense sorrow. Om Shanti!”&nbsp;Also Read: <a href="https://www.wionews.com/india-news/nand-kishore-goenka-father-of-subhash-chandra-dies-at-96-1783936635528">In loving memory of Nand Kishore Goenka (1930–2026)</a>&nbsp;Former Haryana BJP president Om Prakash Dhankar said, “Respected Nand Kishore Goenka - the one who made the most important contribution in Agroha Tirth - has departed for the other world - heartfelt tribute. The Zee News family is your legacy. I received blessings from this divine soul many times. Goenka ji lived a splendid life of an ascetic. He always kept his sheet spotless. His life will always continue to inspire.”&nbsp;&nbsp;

Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka, passed away at the age of 96 in Mumbai on Monday, and tributes started pouring in from all quarters as the news of his demise came. 

Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka, passed away at the age of 96 in Mumbai on Monday. His mortal remains have been kept at A Road, Vasant Sagar, Marine Drive, Mumbai, for family members, friends, and well-wishers to pay their respects. The mortal remains will be flown by chartered aircraft to Hisar, Haryana, at 7 am on Tuesday and will be kept for public homage at his residence, Goenka House, 166, Krishna Mandi, Hisar, and his last rites will be performed on Wednesday morning at Goenka Udyan in Agroha. Tributes started pouring in from all quarters as the news of his demise came. Haryana Chief Minister Nayab Singh Saini said, “We have received the sorrowful news of the passing of Shri Nand Kishore Goenka ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr. Subhash Chandra ji. We pray to God to grant the departed soul a place at His holy feet and provide strength to the bereaved family and well-wishers to bear this grief. Om Shanti.” Union minister Manohar Lal Khattar said, “We have received the sorrowful news of the passing of Shri Nand Kishore Goenka Ji, the revered father of former Rajya Sabha MP and Essel Group Chairman Dr. Subhash Chandra Ji, and the renowned social worker. His dedicated life of service to society and commitment to human values will forever remain an inspiration. We pray to the Almighty to grant his noble soul a place at His divine feet, and bestow strength and solace upon the bereaved family and all his well-wishers to bear this immense grief. Om Shanti.” https://www.wionews.com/videos/remembering-nand-kishore-goenka-pm-modi-pays-tribute-to-shri-n-k-goenka-1784021230098/embed Delhi Chief Minister Rekha Gupta said, “The news of the demise of former MP and Chairman of the Essel Group, Dr. Subhash Chandra ji’s revered father, social worker Shri Nand Kishore Goenka ji, is extremely heartbreaking. May God grant peace to his soul and provide strength to the bereaved family during this difficult time. Om Shanti” Also Read: Nand Kishore Goenka, father of Essel Group Chairman Dr Subhash Chandra, passes away at 96 NCP Working President and Lok Sabha MP Supriya Sule said, “Deeply saddened to learn about the demise of Shri Nand Kishore Goenka, father of Dr. Subhash Chandra, Chairman of Zee Essel Group. My heartfelt condolences to Dr. Subhash Chandra ji and the Goenka family during this difficult time. May his soul rest in peace.”

Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka, passed away at the age of 96 in Mumbai on Monday, and tributes started pouring in from all quarters as the news of his demise came.&nbsp;

Tributes pour in as Essel Group Chairman Dr Subhash Chandra’s father, Nand Kishore Goenka passes away

Over the course of a century, the company has expanded through multiple phases of Indian economic history, from the pre-liberalisation era to the rise of satellite television and the digital economy.

Over the course of a century, the company has expanded through multiple phases of Indian economic history, from the pre-liberalisation era to the rise of satellite television and the digital economy.

100 years of Essel Group: Marking an ‘impression of a century’ through innovation and entrepreneurial spirit

WION World Pulse summit's purpose is to listen to the pulse of our times and the world order won't be shaped by one nation or one narrative, said Dr Subhash Chandra, Founder and Mentor of Zee group and former Rajya Sabha member, as he opened the Leaders' Confluence at ITC Maurya in the Indian capital New Delhi on Wednesday (Mar 18).&nbsp;Also read: <a href="https://www.wionews.com/world/wion-world-pulse-the-leaders-confluence-the-rhythm-of-the-new-world-order-takes-centrestage-in-new-delhi-1773222456167">Wion World Pulse: The Leaders' Confluence - The Rhythm of the New World Order takes centrestage in New Delhi</a><h2>Dr Subhash Chandra recalls the idea behind WION: World is One&nbsp;</h2>Noting that WION stands for World Is One, he said the channel was designed based on the spirit and inspiration of the Indian spiritual idea of Vasudaiv Kutumbakam (World is One Family). Dr Chandra recalled that Swami Vivekananda had expressed this concept at the World Parliament of Religions. He said WION is anchored in the timeless spirit of Bharat.&nbsp;He said the summit will capture WION's spirit of ‘world is one’, which the world needs in these troubled times. Noting that the envoys from the current conflicts are also present at the event, he said the summit seeks to decode the present moment, as the future is shaped by the present.&nbsp;&nbsp;Also read: <a href="https://www.wionews.com/world/defence-pulse-defence-deterrence-future-warfare-and-strategic-imperatives-1772798608685">Defence Pulse: Defence &amp; deterrence, future warfare and strategic imperatives</a><h2>India is a key player of global geopolitics and economy today: Dr Subhash Chandra</h2>War is dominating today's conversations, in contrast to the concept of WION, Dr Chandra said. New strategic alliances are shaping the world, and the question for global media is, “if world is one family, are we behaving like one?”He noted India's rise in global geopolitics and economy. “India wasn't a key player earlier in geopolitics, but today it is. No one can ignore the 1.4 billion nation, growing its own economy in domestic terms, far better than most countries,” he asserted. &nbsp;There is no part of the world where Indian talent is not involved.&nbsp;&nbsp;Also read: <a href="https://www.wionews.com/world/wion-power-pulse-top-envoys-from-italy-germany-singapore-and-sri-lanka-to-discuss-trust-in-era-of-disruptive-diplomacy-1773197728582">Power Pulse: Top envoys from Italy, Germany, Singapore and Sri Lanka to discuss trust in era of disruptive diplomacy</a>&nbsp;The government and the other three pillars of society should give a fillip to the concept of vasudaiv kutumbakam, which is needed in today's time, Dr Chandra said.&nbsp;<h2>WION is the platform for exchange of dialogue and exchange of ideas: Dr Subhash Chandra to diplomats attending World Pulse summit</h2>Noting that we live in a world of information overload and social media, Dr Chandra said legacy media like WION carry the responsibility to provide clarity and context to the viewers.Addressing several diplomats present at the summit, Dr Chandra said diplomacy needs credible platforms like WION in a fractured world, where dialogue and exchange of ideas can happen.&nbsp;"I &nbsp;hope WION Pulse would give perspectives for you to report back to your counterparts in your respective countries," he added.&nbsp;Dr Chandra said the purpose of WION Pulse is to listen to the pulse of our times. The future of world order, he said, will not be shaped by one nation or one narrative, but by how the world understands itself today.&nbsp;<a href="https://www.wionews.com/videos/wion-world-pulse-people-policies-ideas-shaping-the-future-1773679514037/embed">https://www.wionews.com/videos/wion-world-pulse-people-policies-ideas-shaping-the-future-1773679514037/embed</a><h2>Dr Subhash Chandra recollects the birth of WION</h2>Dr Chandra also recalled the time when Zee was born in 1992, wondering at the time, 'how we are watching CNN during the Gulf War’. To watch the first televised war, Dr Chandra said, friends used to go to hotels, as satellite dishes were only available there.&nbsp;Dr Chandra recalled how he approached the government to create an international news channel. Several years later, the government had allotted funds for an international news channel. But, despite several expressions of interest, eventually the money lapsed.&nbsp;In 2017, WION was launched by Indian Prime Minister Narendra Modi on the 90th year of the Essel Group, he recalled.&nbsp;

WION World Pulse summit's purpose is to listen to the pulse of our times, and the world order won't be shaped by one nation or one narrative, said Dr Subhash Chandra, Founder and Mentor of Zee group and former Rajya Sabha member, as he opened the Leaders' Confluence 

WION World Pulse summit's purpose is to listen to the pulse of our times and the world order won't be shaped by one nation or one narrative, said Dr Subhash Chandra, Founder and Mentor of Zee group and former Rajya Sabha member, as he opened the Leaders' Confluence at ITC Maurya in the Indian capital New Delhi on Wednesday (Mar 18). Also read: Wion World Pulse: The Leaders' Confluence - The Rhythm of the New World Order takes centrestage in New Delhi Dr Subhash Chandra recalls the idea behind WION: World is One Noting that WION stands for World Is One, he said the channel was designed based on the spirit and inspiration of the Indian spiritual idea of Vasudaiv Kutumbakam (World is One Family). Dr Chandra recalled that Swami Vivekananda had expressed this concept at the World Parliament of Religions. He said WION is anchored in the timeless spirit of Bharat. He said the summit will capture WION's spirit of ‘world is one’, which the world needs in these troubled times. Noting that the envoys from the current conflicts are also present at the event, he said the summit seeks to decode the present moment, as the future is shaped by the present. Also read: Defence Pulse: Defence & deterrence, future warfare and strategic imperatives India is a key player of global geopolitics and economy today: Dr Subhash Chandra War is dominating today's conversations, in contrast to the concept of WION, Dr Chandra said. New strategic alliances are shaping the world, and the question for global media is, “if world is one family, are we behaving like one?” He noted India's rise in global geopolitics and economy. “India wasn't a key player earlier in geopolitics, but today it is. No one can ignore the 1.4 billion nation, growing its own economy in domestic terms, far better than most countries,” he asserted. There is no part of the world where Indian talent is not involved. Also read: Power Pulse: Top envoys from Italy, Germany, Singapore and Sri Lanka to discuss trust in era of disruptive diplomacy The government and the other three pillars of society should give a fillip to the concept of vasudaiv kutumbakam, which is needed in today's time, Dr Chandra said. WION is the platform for exchange of dialogue and exchange of ideas: Dr Subhash Chandra to diplomats attending World Pulse summit Noting that we live in a world of information overload and social media, Dr Chandra said legacy media like WION carry the responsibility to provide clarity and context to the viewers. Addressing several diplomats present at the summit, Dr Chandra said diplomacy needs credible platforms like WION in a fractured world, where dialogue and exchange of ideas can happen. "I hope WION Pulse would give perspectives for you to report back to your counterparts in your respective countries," he added. Dr Chandra said the purpose of WION Pulse is to listen to the pulse of our times. The future of world order, he said, will not be shaped by one nation or one narrative, but by how the world understands itself today. https://www.wionews.com/videos/wion-world-pulse-people-policies-ideas-shaping-the-future-1773679514037/embed Dr Subhash Chandra recollects the birth of WION Dr Chandra also recalled the time when Zee was born in 1992, wondering at the time, 'how we are watching CNN during the Gulf War’. To watch the first televised war, Dr Chandra said, friends used to go to hotels, as satellite dishes were only available there. Dr Chandra recalled how he approached the government to create an international news channel. Several years later, the government had allotted funds for an international news channel. But, despite several expressions of interest, eventually the money lapsed. In 2017, WION was launched by Indian Prime Minister Narendra Modi on the 90th year of the Essel Group, he recalled.

WION World Pulse summit's purpose is to listen to the pulse of our times, and the world order won't be shaped by one nation or one narrative, said Dr Subhash Chandra, Founder and Mentor of Zee group and former Rajya Sabha member, as he opened the Leaders' Confluence&nbsp;

World order won't be shaped by one nation: Dr Subhash Chandra opens WION World Pulse summit, says its purpose is to listen to the pulse of our times

One of India’s most incredible media entrepreneurs, Dr. Subhash Chandra, Chairman Emeritus of Zee Entertainment Enterprises Ltd, celebrates his 75th birthday today, and hence it becomes an excellent moment to reflect on the great legacy he has created so far. Dr Chandra is much more than just a successful businessman; he is a visionary who transformed the Indian Broadcasting industry.Dr. Chandra earned worldwide recognition by launching the first private satellite television channel in India, a groundbreaking step at a time when there was no private investment in the industry. His success created a new area of entertainment in India, and that’s why he is often referred to as the Father of Indian Television.&nbsp;Dr. Chandra solely enabled India to become one of the world’s largest entertainment markets after bringing global media content into people’s homes. He also nurtured local creative talent and inspired a new generation of media professionals in the country through his efforts.Zee TV was the first major private Indian television channel when it was launched in 1992, before private broadcasting was an established norm in India.&nbsp;&nbsp;The launch was viewed as novel since it challenged the monopoly of government-run Doordarshan, and besides, the technology-driven satellite transmission was a radical change from terrestrial television. The launch initiated a period of tremendous growth for the television industry.&nbsp;&nbsp;A few years later, Dr. Chandra launched Zee News, India’s first private news service. The path-breaking steps established Dr. Chandra’s reputation as a strategist who shaped the television market in India.&nbsp;Current studies indicate that the sector created by Dr. Chandra currently has job opportunities for over five million employees.&nbsp;Zee, Dr. Chandra’s Crown Jewel, is now one of the leading companies providing content globally for billions of viewers across 190 countries by utilizing numerous different platforms, including Broadcast, Digital, Films, Music, and Live Events. This is a rare achievement for any media company in India.&nbsp;Beyond his innovations in entertainment, Dr. Chandra had an unparalleled desire to establish a successful enterprise under the Essel Group, which encompasses many different industries, including Packaging, Infrastructure, Education, Technology and Leisure. He was elected to the Rajya Sabha from the state of Haryana, signifying his involvement at the national level with policies and development.

Dr. Chandra solely enabled India to become one of the world’s largest entertainment markets after bringing global media content into people’s homes. He also nurtured local creative talent and inspired a new generation of media professionals in the country through his efforts.

One of India’s most incredible media entrepreneurs, Dr. Subhash Chandra, Chairman Emeritus of Zee Entertainment Enterprises Ltd, celebrates his 75th birthday today, and hence it becomes an excellent moment to reflect on the great legacy he has created so far. Dr Chandra is much more than just a successful businessman; he is a visionary who transformed the Indian Broadcasting industry. Dr. Chandra earned worldwide recognition by launching the first private satellite television channel in India, a groundbreaking step at a time when there was no private investment in the industry. His success created a new area of entertainment in India, and that’s why he is often referred to as the Father of Indian Television. Dr. Chandra solely enabled India to become one of the world’s largest entertainment markets after bringing global media content into people’s homes. He also nurtured local creative talent and inspired a new generation of media professionals in the country through his efforts. Zee TV was the first major private Indian television channel when it was launched in 1992, before private broadcasting was an established norm in India. The launch was viewed as novel since it challenged the monopoly of government-run Doordarshan, and besides, the technology-driven satellite transmission was a radical change from terrestrial television. The launch initiated a period of tremendous growth for the television industry. A few years later, Dr. Chandra launched Zee News, India’s first private news service. The path-breaking steps established Dr. Chandra’s reputation as a strategist who shaped the television market in India. Current studies indicate that the sector created by Dr. Chandra currently has job opportunities for over five million employees. Zee, Dr. Chandra’s Crown Jewel, is now one of the leading companies providing content globally for billions of viewers across 190 countries by utilizing numerous different platforms, including Broadcast, Digital, Films, Music, and Live Events. This is a rare achievement for any media company in India. Beyond his innovations in entertainment, Dr. Chandra had an unparalleled desire to establish a successful enterprise under the Essel Group, which encompasses many different industries, including Packaging, Infrastructure, Education, Technology and Leisure. He was elected to the Rajya Sabha from the state of Haryana, signifying his involvement at the national level with policies and development.

Dr. Chandra solely enabled India to become one of the world’s largest entertainment markets after bringing global media content into people’s homes. He also nurtured local creative talent and inspired a new generation of media professionals in the country through his efforts.

Dr. Subhash Chandra: An entrepreneur whose unique business and tech ideas paved way for New India

Dr Subhash Chandra Life Story: India has produced countless role models and great personalities, whose lives serve as a source of inspiration for the nation. Today is the birthday of Dr Subhash Chandra, one such figure who has inspired millions, especially the youth, to make their future brighter. Dr Subhash Chandra is a visionary thinker and leader who has mastered the art of anticipating future challenges well in advance.<h2>‘Media Mogul’</h2>Dr. Subhash Chandra is the founder of India's first private television channel. He gave Indian television viewers a new era of serials, entertainment channels, music channels, movie channels, and news channels. It's his vision that brands like Zee TV, Zee Cinema, and Zee News have become household names in India over the past 25 years. He is a self-made entrepreneur and is considered a trendsetter in the TV industry. He has also served as a Rajya Sabha MP.<h2>‘Visionary Leader’</h2>Satellite TV has completed 33 years in our country. Zee Entertainment Enterprises Limited, also known as ZEE, launched the first satellite TV channel in the country. Founded in November 1982, Zee Entertainment Enterprises launched its first flagship television channel, Zee TV, in 1992. This was the country's first private satellite TV service, laying the foundation for the satellite TV industry in the country.This entire venture, with the vision of Dr. Subhash Chandra, is still providing quality entertainment to its millions of viewers as the country's most trusted and leading news channel.<h2>‘The challenges were not small’</h2>In his biography, ‘The Z Factor: My Journey as the Wrong Man at the Right Time’, Dr Subhash Chandra wrote that reaching the position where he is today wasn't easy. Dr Chandra boldly shared his difficult times with the world. In the book, he wrote that when he was fifty-four or fifty-five years old, his business began to crumble after decades of success. Two reasons for his losses were the decline of the speculative market and the extreme volatility in cotton prices. The speculative market was a futures trading market for grains and commodities. This wasn't an illegal activity; rather, participating in the speculative market was commonplace for established businessmen. Unfortunately, some of his grandfather's cotton trades went against his expectations, losing over Rs 50 lakh. Another major reason was the family's investment in an oil mill. Dr Subhash Chandra had invested Rs 35 lakh in the oil mill, but it sank them. Operating the oil mill required high working capital, which they couldn't arrange. The family took a loan of Rs 20 lakh, but invested all that money in it.Amidst many such challenges and adverse circumstances, he managed his business and emerged victorious. With his extraordinary leadership ability and vision, a boy from Haryana’s Hisar has become a media mogul, bringing glory not only to his family but the entire country on a global stage.<h2>‘Guide and Mentor’</h2>Dr. Subhash Chandra is an exemplary thinker who, with his knowledge and skills, overcame the most difficult situations. By challenging himself to various standards, he refined his personality to become extraordinary. Dr Subhash Chandra's insights on how India can progress and how a nation or institution should develop have guided millions of people. Through his show, "Sach Kahun," he is working to shape the future of students.<h2>‘Down to earth philanthropist’</h2>Even after becoming a Rajya Sabha MP, Dr Subhash Chandra set many examples of service to the nation. He adopted five villages in the Adampur area of ​​Haryana and played a vital role in their transformation. During the COVID-19 pandemic, when the entire world came to a standstill, the Essel Group, under Dr Subhash Chandra's guidance, fulfilled its social responsibility by donating medical equipment, including ambulances, to several state governments. He established the Subhash Chandra Foundation for his philanthropic activities, which often assists those in distress.<h2>One must live in the present: Dr Subhash Chandra</h2>Dr Subhash Chandra often celebrates his birthday among the general public. On this occasion, he shares his experiences and interacts with young people, offering them career-related tips. He has repeatedly stated in public forums: to move forward, we must live in the present. With hard work and dedication, every goal can be achieved.Dr Subhash Chandra was born on November 30, 1950. After completing his schooling, he joined the family business. His passion for innovation and ability to take risks have helped him take the family business to new heights. His associates celebrate his birthday with great fanfare every year. Numerous organisations, including the Subhash Chandra Foundation and youth organisations, cut cakes on his birthday, wishing him a long life, and learning from his life.

Today marks the 75th birthday of Dr Subhash Chandra, former Rajya Sabha MP and chairman of the Essel Group. Hailing from an ordinary family in Haryana, he overcame extraordinary challenges to become a media mogul. His story has been a source of inspiration for millions of young people.

Dr Subhash Chandra Life Story: India has produced countless role models and great personalities, whose lives serve as a source of inspiration for the nation. Today is the birthday of Dr Subhash Chandra, one such figure who has inspired millions, especially the youth, to make their future brighter. Dr Subhash Chandra is a visionary thinker and leader who has mastered the art of anticipating future challenges well in advance. ‘Media Mogul’ Dr. Subhash Chandra is the founder of India's first private television channel. He gave Indian television viewers a new era of serials, entertainment channels, music channels, movie channels, and news channels. It's his vision that brands like Zee TV, Zee Cinema, and Zee News have become household names in India over the past 25 years. He is a self-made entrepreneur and is considered a trendsetter in the TV industry. He has also served as a Rajya Sabha MP. ‘Visionary Leader’ Satellite TV has completed 33 years in our country. Zee Entertainment Enterprises Limited, also known as ZEE, launched the first satellite TV channel in the country. Founded in November 1982, Zee Entertainment Enterprises launched its first flagship television channel, Zee TV, in 1992. This was the country's first private satellite TV service, laying the foundation for the satellite TV industry in the country. This entire venture, with the vision of Dr. Subhash Chandra, is still providing quality entertainment to its millions of viewers as the country's most trusted and leading news channel. ‘The challenges were not small’ In his biography, ‘The Z Factor: My Journey as the Wrong Man at the Right Time’, Dr Subhash Chandra wrote that reaching the position where he is today wasn't easy. Dr Chandra boldly shared his difficult times with the world. In the book, he wrote that when he was fifty-four or fifty-five years old, his business began to crumble after decades of success. Two reasons for his losses were the decline of the speculative market and the extreme volatility in cotton prices. The speculative market was a futures trading market for grains and commodities. This wasn't an illegal activity; rather, participating in the speculative market was commonplace for established businessmen. Unfortunately, some of his grandfather's cotton trades went against his expectations, losing over Rs 50 lakh. Another major reason was the family's investment in an oil mill. Dr Subhash Chandra had invested Rs 35 lakh in the oil mill, but it sank them. Operating the oil mill required high working capital, which they couldn't arrange. The family took a loan of Rs 20 lakh, but invested all that money in it. Amidst many such challenges and adverse circumstances, he managed his business and emerged victorious. With his extraordinary leadership ability and vision, a boy from Haryana’s Hisar has become a media mogul, bringing glory not only to his family but the entire country on a global stage. ‘Guide and Mentor’ Dr. Subhash Chandra is an exemplary thinker who, with his knowledge and skills, overcame the most difficult situations. By challenging himself to various standards, he refined his personality to become extraordinary. Dr Subhash Chandra's insights on how India can progress and how a nation or institution should develop have guided millions of people. Through his show, "Sach Kahun," he is working to shape the future of students. ‘Down to earth philanthropist’ Even after becoming a Rajya Sabha MP, Dr Subhash Chandra set many examples of service to the nation. He adopted five villages in the Adampur area of Haryana and played a vital role in their transformation. During the COVID-19 pandemic, when the entire world came to a standstill, the Essel Group, under Dr Subhash Chandra's guidance, fulfilled its social responsibility by donating medical equipment, including ambulances, to several state governments. He established the Subhash Chandra Foundation for his philanthropic activities, which often assists those in distress. One must live in the present: Dr Subhash Chandra Dr Subhash Chandra often celebrates his birthday among the general public. On this occasion, he shares his experiences and interacts with young people, offering them career-related tips. He has repeatedly stated in public forums: to move forward, we must live in the present. With hard work and dedication, every goal can be achieved. Dr Subhash Chandra was born on November 30, 1950. After completing his schooling, he joined the family business. His passion for innovation and ability to take risks have helped him take the family business to new heights. His associates celebrate his birthday with great fanfare every year. Numerous organisations, including the Subhash Chandra Foundation and youth organisations, cut cakes on his birthday, wishing him a long life, and learning from his life.

Today marks the 75th birthday of Dr Subhash Chandra, former Rajya Sabha MP and chairman of the Essel Group. Hailing from an ordinary family in Haryana, he overcame extraordinary challenges to become a media mogul. His story has been a source of inspiration for millions of young people.

How a boy from Hisar overcame financial struggle to become a media mogul: Dr Subhash Chandra’s incredible journey

Every individual seeks a life of purpose, meaning and success. Yet the road to success is never shaped by hard work and talent alone. Building a life of consequence demands the ability to manage stress while keeping your hunger alive, especially when life presents a mountain of challenges.The life of Dr Subhash Chandra, the media pioneer who founded Zee TV and built the Essel Group, is a testament that mastering stress can turn an ordinary individual into an extraordinary leader. Today, he is recognised globally as a successful businessman, but his journey has been marred by lots of setbacks, including debt, criticism, political pressure, and financial crises. But what remains constant amidst all these challenges is his ability to take on every crisis with a calm mind and a positive attitude.&nbsp;Here are Dr Subhash Chandra’s ‘Billionaire Brain Hacks’, which offer guidance on staying balanced, calm, and focused even under pressure.<h2>1. Understand emotions</h2>Dr Chandra has often said Do not run away from emotions, try to understand the meaning of a certain feeling. &nbsp;He added that people who fail to understand emotions remain vulnerable in decision-making.&nbsp;Early in his career, every failure would leave him emotionally shaken. Over time, he learnt to read, understand, and channel his emotions in a positive direction. He believes that once you recognise your emotions clearly, they become a source of strength rather than weakness.<h2>2. Be solution-oriented</h2>Dr Chandra has faced crises that many would consider career-ending. His approach to problems is simple but powerful: no matter how big the challenge, break it into smaller parts. Write down one solution for each part and tackle the easiest one first. He says this method reduces pressure and restores clarity.&nbsp;Also Read: <a href="https://www.wionews.com/photos/dr-subhash-chandra-at-75-7-inspiring-quotes-from-the-visionary-media-czar-1764504915329/1764504915330">Dr. Subhash Chandra at 75: 7 inspiring quotes from the visionary media czar</a><h2>3. Be a lifelong student</h2>In a fast-changing world, updating oneself is essential, Dr Chandra often says, “If you stop learning, you have stopped living.” This philosophy led him to find a new direction even during crises. Learning new skills and new perspectives keeps the mind active and naturally reduces stress.<h2>4. Practice spirituality</h2>Spirituality and meditation play a central role in Dr Chandra’s life. He has repeatedly said that big decisions require a calm mind that can be achieved through these practices. He recommends meditating for 10 to 15 minutes every morning and practising deep breathing before sleep.<h2>5. Failures are opportunities in disguise</h2>One of Dr Chandra’s strongest traits is his ability to treat failure not as an end but as a new beginning. When several of his projects failed, he avoided self-blame and instead extracted lessons that fuelled his next ideas.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/dr-subhash-chandra-75-the-visionary-who-rewrote-india-s-media-story-zee-media-pioneer-private-television-essel-group-lisence-raj-1764506468505">Dr Subhash Chandra @75: The visionary who rewrote India's media story</a>&nbsp;Dr Subhash Chandra’s approach shows that success is not defined by what happens to you, but by how your mind responds. His strategies continue to inspire entrepreneurs seeking clarity, resilience, and growth in an increasingly demanding world.

Despite facing debt, criticism, political pressure, and major financial crises, Dr Chandra’s journey stands out for one reason: his remarkable ability to stay calm and approach every challenge with a constructive, positive mindset.

Every individual seeks a life of purpose, meaning and success. Yet the road to success is never shaped by hard work and talent alone. Building a life of consequence demands the ability to manage stress while keeping your hunger alive, especially when life presents a mountain of challenges. The life of Dr Subhash Chandra, the media pioneer who founded Zee TV and built the Essel Group, is a testament that mastering stress can turn an ordinary individual into an extraordinary leader. Today, he is recognised globally as a successful businessman, but his journey has been marred by lots of setbacks, including debt, criticism, political pressure, and financial crises. But what remains constant amidst all these challenges is his ability to take on every crisis with a calm mind and a positive attitude. Here are Dr Subhash Chandra’s ‘Billionaire Brain Hacks’, which offer guidance on staying balanced, calm, and focused even under pressure. 1. Understand emotions Dr Chandra has often said Do not run away from emotions, try to understand the meaning of a certain feeling. He added that people who fail to understand emotions remain vulnerable in decision-making. Early in his career, every failure would leave him emotionally shaken. Over time, he learnt to read, understand, and channel his emotions in a positive direction. He believes that once you recognise your emotions clearly, they become a source of strength rather than weakness. 2. Be solution-oriented Dr Chandra has faced crises that many would consider career-ending. His approach to problems is simple but powerful: no matter how big the challenge, break it into smaller parts. Write down one solution for each part and tackle the easiest one first. He says this method reduces pressure and restores clarity. Also Read: Dr. Subhash Chandra at 75: 7 inspiring quotes from the visionary media czar 3. Be a lifelong student In a fast-changing world, updating oneself is essential, Dr Chandra often says, “If you stop learning, you have stopped living.” This philosophy led him to find a new direction even during crises. Learning new skills and new perspectives keeps the mind active and naturally reduces stress. 4. Practice spirituality Spirituality and meditation play a central role in Dr Chandra’s life. He has repeatedly said that big decisions require a calm mind that can be achieved through these practices. He recommends meditating for 10 to 15 minutes every morning and practising deep breathing before sleep. 5. Failures are opportunities in disguise One of Dr Chandra’s strongest traits is his ability to treat failure not as an end but as a new beginning. When several of his projects failed, he avoided self-blame and instead extracted lessons that fuelled his next ideas. Also Read: Dr Subhash Chandra @75: The visionary who rewrote India's media story Dr Subhash Chandra’s approach shows that success is not defined by what happens to you, but by how your mind responds. His strategies continue to inspire entrepreneurs seeking clarity, resilience, and growth in an increasingly demanding world.

Despite facing debt, criticism, political pressure, and major financial crises, Dr Chandra’s journey stands out for one reason: his remarkable ability to stay calm and approach every challenge with a constructive, positive mindset.

From crisis to clarity: Five stress-management lessons from Dr Subhash Chandra’s journey

Today, league cricket is immensely popular around the world. League cricket has become huge, and everyone connects it to the Indian Premier League (IPL). But, in fact, even a year before the IPL began, another league was launched. That league was the first of its kind and perhaps no one in India could have thought about it at the time. It was the Indian Cricket League (ICL), which can be rightly called the initiator of league cricket in India, and the idea behind it was of Dr. Subhash Chandra, Chairman of the Essel Group.&nbsp;It was the time when India had been eliminated in the first round of the One Day Cricket World Cup. While cricket lovers in the country were in grief, Dr. Chandra decided to introduce the fans to a new flavour and spirit—league cricket and the Indian Cricket League (ICL). ICL had teams based on cities, and the same concept was adopted in IPL later. Players from different countries, colourful clothing, floodlights, and a white ball, the first T20 cricket league was launched. The doyens of cricket, like Kapil Dev and Brian Lara, were associated with the Indian Cricket League (ICL).&nbsp;The BCCI wasn’t enthusiastic about T20 cricket at that time and not sure about its success. But Dr. Chandra’s foresight saw that this was the future of cricket. No one had imagined that league cricket would not just transform T20, but the world of cricket itself. At the time, no one thought that this new format could become so huge.&nbsp;Dr. Chandra also mentioned this in 2016. He said, “Yes, the IPL became successful because of the ICL. And the Board of Control for Cricket in India has made a lot of money from it.”&nbsp;As per ICL format, each team could have four foreign players, eight junior players, and two international players. The format was specifically designed to give junior Indian players the opportunity to play with players from Indian teams as well as other countries and learn from their experience.&nbsp;The IPL was launched in 2008 and has grown exponentially since then. Now, the BCCI earns thousands of crores of rupees from broadcast rights alone. But when the ICL launched in 2007, no one had even thought about it. In fact, ICL initiated league cricket which has transformed cricket and given it the eminence and popularity it now commands.

It was the time when India had been eliminated in the first round of the One Day Cricket World Cup. While cricket lovers in the country were in grief, Dr. Chandra decided to introduce the fans to a new flavour and spirit—league cricket and the Indian Cricket League (ICL).

Today, league cricket is immensely popular around the world. League cricket has become huge, and everyone connects it to the Indian Premier League (IPL). But, in fact, even a year before the IPL began, another league was launched. That league was the first of its kind and perhaps no one in India could have thought about it at the time. It was the Indian Cricket League (ICL), which can be rightly called the initiator of league cricket in India, and the idea behind it was of Dr. Subhash Chandra, Chairman of the Essel Group. It was the time when India had been eliminated in the first round of the One Day Cricket World Cup. While cricket lovers in the country were in grief, Dr. Chandra decided to introduce the fans to a new flavour and spirit—league cricket and the Indian Cricket League (ICL). ICL had teams based on cities, and the same concept was adopted in IPL later. Players from different countries, colourful clothing, floodlights, and a white ball, the first T20 cricket league was launched. The doyens of cricket, like Kapil Dev and Brian Lara, were associated with the Indian Cricket League (ICL). The BCCI wasn’t enthusiastic about T20 cricket at that time and not sure about its success. But Dr. Chandra’s foresight saw that this was the future of cricket. No one had imagined that league cricket would not just transform T20, but the world of cricket itself. At the time, no one thought that this new format could become so huge. Dr. Chandra also mentioned this in 2016. He said, “Yes, the IPL became successful because of the ICL. And the Board of Control for Cricket in India has made a lot of money from it.” As per ICL format, each team could have four foreign players, eight junior players, and two international players. The format was specifically designed to give junior Indian players the opportunity to play with players from Indian teams as well as other countries and learn from their experience. The IPL was launched in 2008 and has grown exponentially since then. Now, the BCCI earns thousands of crores of rupees from broadcast rights alone. But when the ICL launched in 2007, no one had even thought about it. In fact, ICL initiated league cricket which has transformed cricket and given it the eminence and popularity it now commands.

It was the time when India had been eliminated in the first round of the One Day Cricket World Cup. While cricket lovers in the country were in grief, Dr. Chandra decided to introduce the fans to a new flavour and spirit—league cricket and the Indian Cricket League (ICL).

A Visionary Par Excellence: Dr Chandra’s concept of league cricket was a marvel, led to IPL’s success

Zee group founder Dr. Subhash Chandra levelled several allegations against SEBI Chairperson Madhabi Puri Buch and said he will stop cooperating the capital markets regulator.

Dr. Subhash Chandra levels serious charges against SEBI Chief

While speaking to WION, Former MP Dr. Subhash Chandra said that, 'In Ram Rajya, there was a freedom of speech, no one would hurt anyone's sentiments'.

'In Ram Rajya, no one would hurt anyone's sentiments', says Dr. Subhash Chandra

On the occasion of the much-awaited Ram Mandir consecration ceremony on Monday (Jan 22), Chairman of the Essel Group and former Rajya Sabha MP Subhash Chandra launched an artificial intelligence-driven hyperlocal news&nbsp;app called PINEWZ.&nbsp;

<h2>What is PINEWZ?</h2>

The newly launched app is set to show news updates from every village in India, said Chandra, speaking about&nbsp;<a href="https://www.pinewz.com/">PINEWZ</a>. He said that anyone nationwide can contribute to this app and become a journalist by providing hyperlocal news from their villages or towns.

WATCH |&nbsp;'In Ram Rajya, no one would hurt anyone's sentiments', says Dr. Subhash Chandra

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/in-ram-rajya-no-one-would-hurt-anyones-sentiments-says-dr-subhash-chandra-682262/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

“Crores of journalists can now become News Creators using this AI-driven news app. And users can get instant news using their PIN code,” said the Essel group chairman. He also congratulated the team for launching the app which he described as a “new revolution in the news and digital space”.&nbsp;

The app will be tailored according to the users’ location through its unique pin-code-based delivery system. Additionally, with the help of artificial intelligence (AI), the app will curate and deliver news content, ensuring a personalised and relevant user experience.

PINEWZ can also be used by professional journalists who can create their own accounts and post their stories and videos.&nbsp;

<h2>Subhash Chandra in Ayodhya</h2>

The former Rajya Sabha MP was among the 7,000 people invited from different walks of life to witness the historic Ram Mandir consecration ceremony in the north Indian city of Ayodhya on Monday (Jan 22).&nbsp;

ALSO READ |&nbsp;<a href="https://www.wionews.com/india-news/former-rajya-sabha-mp-dr-subhash-chandra-expresses-joy-over-ram-temple-construction-682178">Former Rajya Sabha MP Dr Subhash Chandra expresses joy over Ram temple construction</a>

During his conversation with Zee News earlier this week, he recounted his visit to Ayodhya 45 years ago and expressed how when he last visited the holy city, he lamented over the absence of a temple dedicated to Lord Ram.&nbsp;

He also outlined similarities between Lord Ram’s reign and the principles of freedom and harmony in contrast to the divisive atmosphere he witnessed in the past few years.

(With inputs from agencies) 
 
Follow this link to download the app:&nbsp;https://play.google.com/store/apps/details?id=com.mai.pinewz_user&amp;pli=1

On the occasion of the much-awaited Ram Mandir consecration ceremony on Monday (Jan 22), Chairman of the Essel Group and former Rajya Sabha MP Subhash Chandra launched an artificial intelligence-driven hyperlocal news app called PINEWZ.

On the occasion of the much-awaited Ram Mandir consecration ceremony on Monday (Jan 22), Chairman of the Essel Group and former Rajya Sabha MP Subhash Chandra launched an artificial intelligence-driven hyperlocal news app called PINEWZ. What is PINEWZ? The newly launched app is set to show news updates from every village in India, said Chandra, speaking about PINEWZ. He said that anyone nationwide can contribute to this app and become a journalist by providing hyperlocal news from their villages or towns. WATCH | 'In Ram Rajya, no one would hurt anyone's sentiments', says Dr. Subhash Chandra “Crores of journalists can now become News Creators using this AI-driven news app. And users can get instant news using their PIN code,” said the Essel group chairman. He also congratulated the team for launching the app which he described as a “new revolution in the news and digital space”. The app will be tailored according to the users’ location through its unique pin-code-based delivery system. Additionally, with the help of artificial intelligence (AI), the app will curate and deliver news content, ensuring a personalised and relevant user experience. PINEWZ can also be used by professional journalists who can create their own accounts and post their stories and videos. Subhash Chandra in Ayodhya The former Rajya Sabha MP was among the 7,000 people invited from different walks of life to witness the historic Ram Mandir consecration ceremony in the north Indian city of Ayodhya on Monday (Jan 22). ALSO READ | Former Rajya Sabha MP Dr Subhash Chandra expresses joy over Ram temple construction During his conversation with Zee News earlier this week, he recounted his visit to Ayodhya 45 years ago and expressed how when he last visited the holy city, he lamented over the absence of a temple dedicated to Lord Ram. He also outlined similarities between Lord Ram’s reign and the principles of freedom and harmony in contrast to the divisive atmosphere he witnessed in the past few years. (With inputs from agencies) Follow this link to download the app: https://play.google.com/store/apps/details?id=com.mai.pinewz_user&pli=1

Essel Group chairman Subhash Chandra launches PINEWZ news app on occasion of Ram Mandir consecration

Essel Group Chairperson Dr. Subhash Chandra gives an exclusive interview speaking on debt repayment and how they are close to hitting 100% debt repayment soon. "We have made some payments, so debt is lesser than 8% now," said Dr. Subash Chandra adding on. Watch this interview to know more.

Dr. Subhash Chandra exclusive: Essel Group Chairperson speaks on debt repayment

Chairman of the Essel Group Dr Subhash Chandra, in an exclusive interview with Zee Business, stated that the group will soon become debt-free.

The chairman added that the company's aim is to service debt by selling assets, and till now, it has successfully repaid Rs 40,000 crore ($4.8 billion) to the lenders.

"So far, we have paid Rs 50,000 crore ($6 billion) in interest as well," Dr Chandra stated.

He further added that the debt has been repaid by the group by selling some highly valuable assets and that his home has also been mortgaged to repay the debt. Dr Chandra said that they have pledged to repay everyone's debt with humility.

ALSO READ |&nbsp;<a href="https://www.wionews.com/world/brahmos-missile-misfiring-into-pakistan-cost-india-rs-240-million-598251">'BrahMos missile misfiring into Pakistan cost India Rs 240 million'</a>

He further informed that Dish TV is now&nbsp;debt-free and the Zee Enterprises-Sony merger process is also expected to get completed soon.

The chairperson said that he has been mentoring startups these days. Speaking about the ups and downs of life, Dr Chandra said, "A strong person never runs away from the problem but fights it.”

He further added that bad times taught him a lot.

<h2>When did the debt-repayment process begin?</h2>

The chairman of Essel Group, which has finished its 97 years, said that the group started repaying debt in January 2019. "It was our aim to repay all our debts by March 31, 2023; however, it couldn't be executed as the assets couldn't be sold due to some reasons," said Dr Chandra. He, however, added that some assets will be sold, after which the debt will be repaid.

WATCH |&nbsp;India: A truly 'bright spot' in world economy | Business News

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/india-a-truly-bright-spot-in-world-economy-business-news-598938/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

<h2>Dr Subhas Chandra on lenders</h2>

Speaking about some lenders who are creating controversies around debt, Dr Chandra said that Essel Group has received a lot of support from&nbsp;its lenders. In his words, "Lenders know that Essel Group has repaid the debt by selling valuable assets." The chairman further stated that Essel Group has never defaulted from 1967 to 2019.

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Chairman of the Essel Group Dr Subhash Chandra, in an exclusive interview with Zee Business, stated that the group will soon become debt-free. The chairman added that the company's aim is to service debt by selling assets, and till now, it has successfully repaid Rs 40,000 crore ($4.

Chairman of the Essel Group Dr Subhash Chandra, in an exclusive interview with Zee Business, stated that the group will soon become debt-free. The chairman added that the company's aim is to service debt by selling assets, and till now, it has successfully repaid Rs 40,000 crore ($4.8 billion) to the lenders. "So far, we have paid Rs 50,000 crore ($6 billion) in interest as well," Dr Chandra stated. He further added that the debt has been repaid by the group by selling some highly valuable assets and that his home has also been mortgaged to repay the debt. Dr Chandra said that they have pledged to repay everyone's debt with humility. ALSO READ | 'BrahMos missile misfiring into Pakistan cost India Rs 240 million' He further informed that Dish TV is now debt-free and the Zee Enterprises-Sony merger process is also expected to get completed soon. The chairperson said that he has been mentoring startups these days. Speaking about the ups and downs of life, Dr Chandra said, "A strong person never runs away from the problem but fights it.” He further added that bad times taught him a lot. When did the debt-repayment process begin? The chairman of Essel Group, which has finished its 97 years, said that the group started repaying debt in January 2019. "It was our aim to repay all our debts by March 31, 2023; however, it couldn't be executed as the assets couldn't be sold due to some reasons," said Dr Chandra. He, however, added that some assets will be sold, after which the debt will be repaid. WATCH | India: A truly 'bright spot' in world economy | Business News Dr Subhas Chandra on lenders Speaking about some lenders who are creating controversies around debt, Dr Chandra said that Essel Group has received a lot of support from its lenders. In his words, "Lenders know that Essel Group has repaid the debt by selling valuable assets." The chairman further stated that Essel Group has never defaulted from 1967 to 2019. You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. WATCH WION LIVE HERE

Essel Group will be debt-free soon, says Chairman Dr Subhash Chandra

Indian member of parliament in the upper house Dr Subhash Chandra extended his best wishes to the students of the Mount Litera School International in Mumbai. He expressed his gratitude to the parents and gave a success mantra to the graduating class of 2022.

Dr Subhash Chandra shares success mantra & words of advice for students

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‘Unfair media trial without order’: Dr Subhash Chandra’s legal team opposes constitution of 5-member NCLT bench

Essel Group Chairman Dr Subhash Chandra answers all questions on NCLT order

NCLT Settlement Row: Subhash Chandra Presents His Side

Borrowers will settle ₹4,262 crore after reconciliation: Dr Subhash Chandra

Essel Group chairman Dr Subhash Chandra writes to Mukesh Ambani over false media reports

Essel Group Chairman Dr Subhash Chandra: 'An attempt is being made to tarnish my image'

NCLT case: Dr Subhash Chandra says 'claims not true' of 'Rs 22,000 crore loan'

Dr Subhash Chandra counters ₹22,000 crore loan narrative

NCLT case: Dr Subhash Chandra denies reports of Rs 22,000-crore loan in media

'Zee to lead world in a decade': Dr Chandra outlines vision as Essel turns 100

Dr Subhash Chandra questions Arya Samaj organisation in Hisar over 'corruption'

Prominent leaders pay respects as Nand Kishore Goenka's last rites held in Hisar

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Nand Kishore Goenka cremated at Agroha Dham; family, political leaders gather to pay tribute

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Dr Subhash Chandra announces Rs 100 crore university to honour father's legacy

Bollywood celebs pay tribute to Dr Subhash Chandra's father Nand Kishore Goenka

Tributes pour in as Dr Subhash Chandra’s father, Nand Kishore Goenka passes away

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From financial struggle to a media mogul: Dr Subhash Chandra’s journey

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The Pioneer: Dr Chandra’s marvellous idea of league cricket led to IPL’s success

Dr. Subhash Chandra levels serious charges against SEBI Chief

'In Ram Rajya, no one would hurt anyone's sentiments', says Dr. Subhash Chandra