CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Essel group withdrew its proposal from buying _________ company after its scam.
A
AgriGold
B
Reliance Broadcast
C
Peerless fund
D
Zee media
Explanation: 

Detailed explanation-1: -Encumbered with severe debt, Essel has sold off several of its assets, including Essel Propack and stakes of Zee Entertainment Enterprises. Founded in 1926 as the Messrs Ramgopal Indraprasad by Jagannath Goenka, the company was expanded and converted into the Essel Group of Industries by his grandson, Subhash Chandra.

Detailed explanation-2: -Zee Media Corporation Limited (abbreviated as ZMCL; formerly Zee News Limited) is the news broadcasting company of the Essel Group, which is owned by Subhash Chandra.

There is 1 question to complete.