The broadcaster flew into a perfect storm that was its founder Subhash Chandra’s doing. While he ended up losing control over it, the new owners are letting his son undo the mess.
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In alleging that the SEBI chief can be bribed, Subhash Chandra has thrown caution to the wind. He has also shown that this is his last throw of the dice.
The chairman emeritus of the troubled media conglomerate is once again calling the shots—firing people and overturning business plans.
The Zee CEO has a plan to fix the media company’s plummeting profits and a stock in freefall. Will he be around to see it through?