Subhash Chandra

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Subhash Chandra
Dr. Subhash Chandra.jpg
Subhash Chandra in 2015
Member of Parliament of Rajya Sabha from Haryana [2]
Assumed office
2 August 2016 [1]
Preceded by Suresh Prabhu, BJP
Constituency Haryana State
Personal details
Born (1950-11-30) 30 November 1950 (age 67)
Hisar district, East Punjab, India
Nationality Indian
Political party Independent
Spouse(s) Sushila Devi
Children (2) Punit Goenka, Amit Goenka
Mother Tara Devi Goenka
Father Nandkishore Goenka
Residence Mumbai, Maharashtra, India
Occupation Chairman of Essel Group
Known for Media mogul
Net worth Increase US$ 4.6 billion[3]
Properties Zee Tv
Website www.drsubhashchandra.com

Subhash Chandra (born Subhash Chandra Goenka on 30 November 1950) is an Indian Billionaire media baron with interests in packaging, media lottery and cinema.[4] He is the chairman of Essel Group, an Indian conglomerate, he was formerly the chairman of India's TV channel network Zee Media, but resigned as Director and Non-Executive Chairman of the company with effect from 24 May 2016.[5][6][7] He was elected to the Upper House of Indian parliament from the Haryana state in the 2016 Rajya Sabha election, he has an honorary degree from UEL.[8]

Early years[edit]

Chandra was born in a village in Hisar district, Haryana in a "baniya" family.[clarification needed] In 1965, he dropped out of 10th grade to join the family business of commission agents and traders who procured and supplied rice to Food Corporation of India.[9]

In the 1980s he started manufacturing flexible packaging (mainly plastic tubes) for goods such as toothpaste under the name Essel Packaging, he followed up with a leisure park EsselWorld in north Mumbai, then known as Bombay.

In 1992, he launched Zee Television in collaboration with Li Ka Shing, and first online lottery and first Dish TV in India.[10][11]

Business[edit]

Chandra launched India's first satellite TV channel, Zee TV, in 1992,[12] the channel competes with, among others, Sony Entertainment Television and STAR Plus. His TV channels, numbering up to 70, including those in local language Hindi, reach 959 million people spread over 169 countries.[3]

His other interests include packaging, theme parks, lotteries and cinema multiplexes, he started the failed Indian Cricket League, a domestic Twenty20 cricket league intended as a challenge to the Board of Control for Cricket in India, the nation's governing body in cricket.

In November 2009, he took over management responsibility of Daily News and Analysis (DNA)), which is among the top eight English dailies in India and one of the fastest growing English newspapers in the country.

Newspaper[edit]

In 2005, in collaboration with Dainik Bhaskar group, Chandra launched an English daily, DNA, in Mumbai to challenge the well settled The Times of India newspaper, the competition was one of the biggest newspaper battles of Mumbai. Sustaining earlier losses, the newspaper eventually turned around.[13]

Honorary doctorate[edit]

Subhash Chandra was awarded an honorary doctorate of Business Administration from the University of East London (UEL), he received the Doctorate from Lord Gulam Noon, the Chancellor of the University of East London, at the ceremony for their Royal Dock Business School graduates.

During the award acceptance speech Chandra thanked the entire senior management team at the Royal Dock Business School, saying,

"It is indeed a privilege to be recognized outside one’s country, and in the presence of such highly acclaimed and respected individuals. I thank you all for bestowing this prestigious award that I feel honoured to receive."[14][15]

Dr. Subhash Chandra Show[edit]

The DSC Show is a platform where Chandra engages with youth from across India and interacts on different topics, the core concept is to motivate the youth, inspire and share ideas, and help young entrepreneurs and aspiring minds for business.[16] The show airs every week on Saturday at 10 pm on Zee News and 7pm on Zee Business, and on Sundays at 11 am on both channels, it is also aired on other channels of Zee Media Corporation Limited.

Autobiography[edit]

The Z Factor: My Journey as the Wrong Man at the Right Time is an autobiography of Subhash Chandra. It was co-edited by Pranjal Sharma, the book was launched on 20 January 2016 by Prime Minister Narendra Modi at 7, Race Course Road, New Delhi.[17][18] The book was also officially unveiled at Zee Jaipur Literature Festival on 21 January 2016.[19]

Awards[edit]

References[edit]

  1. ^ "Dr Subhash Chandra takes oath as Rajya Sabha member". dnaindia.com. 4 August 2016. 
  2. ^ "Subhash Chandra wins RS seat as 12 Cong votes were rejected due to 'wrong pen'". Hindustan Times. 12 June 2016. Retrieved 13 June 2016. 
  3. ^ a b "Forbes – Subhash Chandra". Forbes.com. 9 March 2011. Retrieved 13 May 2017. 
  4. ^ "Essel Group eye global venture, rule out Lalit Modi's involvement". Indian Express. Retrieved 2 August 2015. 
  5. ^ "Subhash Chandra steps down as Zee Media chairman". indiatimes.com. 
  6. ^ "Zee group: Each brother to own 70–80% of business". Times of India. Retrieved 2 August 2015. 
  7. ^ "Dish TV posts Q1 net profit of Rs 54.21 crore". Economic Times. India Times. Retrieved 2 August 2015. 
  8. ^ "Zee chairman Subhash Chandra receives Honorary Doctorate at University of East London". televisionpost.com. [dead link]
  9. ^ "Subhash Chandra Biography- About family, children, education, wife, age, and more". business.mapsofindia.com. Retrieved 2016-03-29. 
  10. ^ Khandekar, Vanitha Kohli (25 March 2015). "40 Years Ago... And now: Subhash Chandra's chutzpah shaped his media business". Business Standard. Retrieved 4 August 2015. 
  11. ^ http://www.forbesindia.com/article/marwari-power/at-the-zee-group-son-punit-has-taken-the-baton-from-subhash-chandra/37359/1
  12. ^ Adhikari, Anand (25 May 2014). "Passing the Baton". business today.intoday.in. Retrieved 4 August 2015. 
  13. ^ Ajwani, Deepak (14 March 2014). "At The Zee Group, Son Punit has taken the Baton from Subhash Chandra". Forbes India Magazine. Retrieved 4 August 2015. 
  14. ^ "Subhash chandra got Doctorate". Retrieved 15 September 2016. 
  15. ^ "Subhash chandra conferred honorary doctrate". Archived from the original on 15 September 2016. Retrieved 15 September 2016. 
  16. ^ "Dr Subhash Chandra Show News, Latest Breaking News on Dr Subhash Chandra Show". dnaindia.com. 
  17. ^ "PM releases". narendramodi.in. 
  18. ^ "PM releases "The Z Factor," a book written by Shri Subhash Chandra". pmindia.gov.in. 
  19. ^ "Dr Subhash Chandra's book 'The Z Factor' launched by PM Modi today". dnaindia.com. 20 January 2016. 
  20. ^ "Zee TV's Subhash Chandra to Receive Emmy Honor". The Hollywood Reporter. 6 January 2011. Retrieved 14 September 2013. 
  21. ^ "Dr Subhash Chandra to receive Canada India Foundation (CIF) Chanchlani Global Indian Award". Zee News. 3 February 2016. Retrieved 13 June 2016. 

External links[edit]