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SITI Networks' Q1FY22 Operating EBITDA jumps 33.1% to Rs 537 Mn

SITI Networks' Q1FY22 Operating EBITDA jumps 33.1% to Rs 537 Mn
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New Delhi , Essel Group , புதியது டெல்ஹி , எசெல் குழு ,

Subhash Chandra settles over 91% debt to lenders


Subhash Chandra settles over 91% debt to lenders
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Chandra shared his next steps in terms of setting up a venture in the video space in the digital ecosystem.
Chairman, Essel Group, Dr. Subhash Chandra issued a second Open Letter , in which he shared the details of the debt resolution process and the steps taken to pay off the lenders. Chandra revealed that over 91 per cent of the debt has been settled to 43 lenders, and the remaining dues are in the process of being paid.
In his first Open Letter issued on January 25, 2019, Dr. Chandra had apologised for the hardships faced by the lenders due to the liquidity crisis triggered by the IL&FS case and committed to repay the monies to the best of his abilities. The asset divestment process certainly took a setback during the pandemic, which slowed down the overall debt resolution process. Chandra aspired to release the mentioned second Open Letter after settling 100 per cent of the debt to the lenders, howeve ....

Subhash Chandra , Essel Group , Open Letter , Print Media , Artificial Intelligence , Machine Learning , சுபாஷ் சந்திரா , எசெல் குழு , திறந்த கடிதம் , பிரிண்ட் மீடியா , செயற்கை உளவுத்துறை , இயந்திரம் கற்றல் ,