Subhash Chandra, who started off as a vegetable oil manufacturer, now lords over the Zee-Essel group.
The group is an “indigenous” media conglomerate with its hand in practically every media pie. But Zee did have close business links with Rupert Murdoch’s Star group.
Zee’s market capitalisation this year stands at Rs.57,297 million up from Rs.55,358 million last year.
Zee’s latest foray is into newspaper in collaboration with the Hindi daily, Dainik Bhaskar, is to be watched with interest as it takes on the mighty Times of India on home ground. The newspaper is called Daily News & Analysis, which is brought out in Mumbai.
Zee has interests in film production and distribution, television, DTH, cable distribution, satellite broadcasting, music, animation and so on.
Zee is expected to get into the FM radio segment in the second phase of expansion.
