Business
Dr Subhash Chandra @75th: Harbinger Of Modern Media Boom In India, One Who Brought Paradigm Shift In TV Business
New Delhi: Today is a historic day for the Indian media and the world of media business. Dr Subhash Chandra, Chairman of the Essel Group, also known as the Father of Modern Indian Television, is celebrating his 75th birthday.
Dr Chandra, can very well be touted as the harbinger of the media boom in India, for he augured a complete shift in the media landscape that we witness today.
From starting as a simple grain trader in Haryana’s Adampur Mandi to building a billion-dollar empire, Dr Chandra’s story is not just about success, but about Risk, Revolution, and Resilience. From a business perspective, Dr Chandra is not just a media mogul, but a visionary who gave birth to a new industry in the 90s amidst India’s closed economy.
Dr Subhash Chandra’s early life was full of struggles. Though he had few resources and faced difficult circumstances, his out of the box thinking and revolutionary ideas cemented his position as the top-most media baron of the country. He is known as one of India’s first media entrepreneurs, who took bold risks at a time when business in India was still limited to trading or production. He believed, “If you don’t have an opportunity, create it.”
In the glorious history of a country, some names are etched in golden words. Dr Subhash Chandra is one of the prominent names that come to mind whenever India’s media industry is being discussed. To call him simply a business leader would be an understatement, for Dr Chandra is The Pioneer, The Visionary, and India’s Original Media Baron.
1. The 1992 Revolution: When India started watching its own TV
Dr Subhash Chandra’s greatest contribution is the introduction of private satellite television in India. In the early 1990s, when Doordarshan had the sole monopoly in India, he dreamed of launching Zee TV.
Business masterstroke: At that time, foreign companies were turned down for AsiaSat transponders. Dr Chandra not only leased the transponder, instead he surprised everyone by offering a 5-million-rupee, instead of 1.25-million-rupee, bid. It was a big gamble, but his vision was clear—he knew that Indian audiences were hungry for entertainment.
The upshot? Zee TV was launched on 2 October 1992 and it changed the entire ecosystem of the Indian advertising and content industry.
2. Risk-Taking and Innovation: “Victory lies beyond fear”
The basic mantra of Dr Chandra’s business philosophy is – Be original, don’t just copy.
Essel Propack: Before media, he revolutionized the packaging industry. When the world was using conventional tubes, he brought Laminated Tubes to India, which changed FMCG packaging forever.
This company is one of the world’s largest specialty packaging companies. This is why the Blackstone Group acquired a majority stake in the company in 2019. It is now known as EPL Limited.
Essel World: When the entertainment sector was at its nascent stage in India, he built the country’s first amusement park ‘Essel World’ in 1989, which was a huge infrastructure risk in those days. But Dr Chandra saw an opportunity and made the most of it.
3. A Vast Empire: From ZEEL to Infrastructure
Dr Chandra’s vision wasn’t limited to just one sector. Through the Essel Group, he built a diversified portfolio:
a. Media & Entertainment: ZEEL today delivers content to over 190 countries.
b. Education (Zee Learn): Through Zee Learn, Kidzee, and Mount Litera, he integrated education with a business model (Franchise Model) and took it to tier-2 and tier-3 cities.
c. Technology (Dish TV & Siti Networks): He played a leading role in delivering digital signals to every home through cable and DTH.
d. News and Global Voices (WION): Dr Chandra’s vision was to ensure India’s voice reaches the world, rather than just Western media outlets. WION (World Is One News) is the result of this vision, placing the narrative of a “New India” on a global platform.
4. The Digital Economy and the Pioneer’s Vision
Dr Chandra is called “The Pioneer” because he is ahead of the times. When the internet revolution was just beginning in India, he made a strong foray into the OTT space with ZEE5.
He believes the future is one of convergence—where media, telecom, and technology will converge. His contributions to India’s digital economy have been significant not only in content creation but also in digital infrastructure (cable digitization).
5. Leadership Lessons for Today’s Entrepreneurs
Even at the age of 75, Dr. Chandra’s business mantra is a case study for the youth:
1. Step out of your comfort zone: From trading grains to making toothpaste tubes and then starting a TV channel – this shows that real growth lies in uncharted paths.
2. Integrity is Capital: In recent years, when the group faced a debt crisis, Dr Chandra publicly acknowledged his liabilities and repaid more than 90% of his debt by selling his valuable assets. His move is an excellent example of corporate governance and the true value of words.
3. Don’t be afraid of failure: They often say, “I’m not afraid of failure, because it teaches you more than success.” Failure is the greatest teacher.
Factors That Cement His Position As The Pioneer Of Indian Media
Dr Chandra didn’t just lead the way, he paved the way. The Indian media industry would probably be 10–15 years behind if it was not for Dr Chandra.
Business Icon: What Every Entrepreneur Should Learn
Dr Chandra’s life, when studied closely can become a business education for people wanting to set into entreprenual journey. Here are five things every entrepreneur can learn:
1. Risk-Led Growth
If you don’t take risks, you won’t be recognized.
2. Look for the trend even before it starts trending
He took up satellite TV when no one else understood it.
3. Don’t be afraid of failures
He saw ups and downs in his journey, but never stopped.
4. India First Approach
Every business of his is related to the Indian audience, youth and the development of the country.
5. Talent First Leadership
He always said, “People, not systems, make companies.”
Dr Chandra –The legacy of a legend
Dr. Subhash Chandra’s 75-year journey proves that if the vision is big and the intentions are strong, resources are automatically gathered. He not only taught India how to watch TV, but also inspired thousands of entrepreneurs to believe that an Indian company could become a global media powerhouse.
On Dr Chandra’s 75th birthday, one can certainly remark –he didn’t just build a company, he created a legacy!
Business
Those with MGNREGA cards to get work during transition to G RAM G Act – The Times of India
NEW DELHI: People with job cards assigned under Mahatma Gandhi National Rural Guarantee Scheme will be able to get work without disruption when transition takes place to new rural employment framework under Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act.Even though exact timeframe is not known yet, rural development ministry officials said the VB-G RAM G scheme will come into force in the coming financial year after the Centre frames and notifies the rules. After govt notifies the Act’s commencement date, states will get six months to make their schemes to enable implementation of the law.To ensure there is no disruption and job guarantee is upheld during transition from MGNREGA, it has been proposed to enable workers to use the same job cards issued under MGNREGA with Aadhaar-based eKYC.The officials said that as of now, around 75% of job cards have been verified with eKYC under the ongoing scheme. Moreover, ongoing projects under MGNREGA, if incomplete when the transition happens to the new scheme, would stay on course.Meanwhile, work is on to frame rules, lay out regulations on normative allocations, fund flow plan, IT framework, a national-level steering panel and social audits.Under the new law, focus will be on transparency to weed out leakages and duplicacy of work,the social audit system will be strengthened, and technology leveraged to create systems to establish work progress, timely wage payment and accountability through ‘e-measurement’ books, sources said. Demand for work will have to be entered on a digital platform. Officials made it clear the new law in no way interferes with demand-driven character of the scheme.
Business
Gurugram Attracts Rs 86,588 Crore In Real Estate Investments In 2025 As RERA Clears 131 Projects
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Alongside rising investments, Gurugram RERA strengthened regulatory oversight to safeguard homebuyer and investor interests
Gurgaon Real Estate (Representative Image)
Gurugram emerged as one of India’s top real estate investment destinations in 2025, with projects worth Rs 86,588 crore receiving regulatory approvals during the year, according to data from the Gurugram Real Estate Regulatory Authority (Gurugram RERA).
Market observers said the numbers reflect strong investor confidence in the NCR’s largest commercial and residential hub.
Gurugram RERA registered 131 projects in calendar year 2025, representing development potential of 35,455 units across housing and commercial segments.
A striking feature of the data was the dominance of large-ticket projects. Just 28 major developments accounted for investments worth Rs 59,360 crore, highlighting the growing influence of institutional capital and large developers in shaping Gurugram’s property market.
Residential assets continued to attract the bulk of investment interest. Of the total units approved, 31,455 were residential, underscoring sustained end-user demand and long-term confidence in the city’s housing fundamentals.
According to Authority data, the residential mix included 17,405 group housing units, 5,720 mixed land use units, 4,040 residential floor units, 2,122 affordable group housing units, 1,954 units under the Deen Dayal housing scheme, and 214 residential plotted colony units.
Market observers said this diversified supply pipeline indicates capital deployment across both premium and mass segments, helping reduce concentration risk and deepen market resilience.
On the commercial side, Gurugram RERA approved about 4,000 commercial units, of which 168 were dedicated to IT parks, reinforcing Gurugram’s position as a preferred hub for technology firms and Global Capability Centres.
Analysts noted that the combination of office-led employment growth and residential expansion continues to make Gurugram attractive for long-term capital deployment.
Industry experts said the scale of investments approved in 2025 highlights Gurugram’s ability to attract capital despite global uncertainty, supported by infrastructure growth, a strong corporate base and an improving regulatory environment.
“With a large pipeline of approved projects and sustained interest from developers and institutional investors, Gurugram is expected to remain a key real estate investment destination in the coming years,” a Gurugram-based real estate expert said.
Tighter regulatory checks
Alongside rising investments, Gurugram RERA strengthened regulatory oversight to enhance transparency and safeguard homebuyer and investor interests.
“These steps included stricter scrutiny of developer submissions, mandatory site inspections by domain experts, and public consultation through mandatory notices before project registration,” an Authority official said.
January 16, 2026, 07:44 IST
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Business
National Startup Day 2026: How India’s Startups Are Shaping The Future
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National Startup Day highlights India’s thriving startup ecosystem, celebrating innovation, entrepreneurship and job creation driven by founders, unicorns and Startup India mission
National Startup Day 2026 honours Indian startups, entrepreneurs and innovators driving economic growth and job creation.
National Startup Day 2026: India’s startup ecosystem has evolved into one of the world’s most vibrant and promising innovation hubs. To recognise the contribution of entrepreneurs, founders and startups transforming ideas into impactful solutions, National Startup Day is observed every year on January 16 across the country.
Launched by Prime Minister Narendra Modi in 2022, the day celebrates visionary entrepreneurs who play a crucial role in economic growth, employment generation and technological advancement.
National Startup Day serves as a reminder that innovation, backed by determination and policy support, can reshape society and create global impact.
National Startup Day 2026 Theme
The official theme for National Startup Day 2026 is yet to be announced. However, the core focus areas are expected to revolve around:
- Innovation and emerging technologies
- Entrepreneurship and leadership
- Self-reliance (Atmanirbhar Bharat)
- Startup India Mission
- Youth empowerment
- Job creation
How Startups Are Shaping India’s Future
India currently ranks as the third-largest startup ecosystem globally, with over 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of early 2025. Backed by 100+ unicorns, the ecosystem continues to grow rapidly.
Metro cities such as Bengaluru, Hyderabad, Mumbai and Delhi-NCR lead this expansion, while Tier-2 and Tier-3 cities are emerging as new innovation centres, adding diversity and scale to India’s entrepreneurial journey.
Startups across fintech, edtech, health-tech, e-commerce and deep-tech are addressing real-world challenges and gaining global recognition. Technologies like artificial intelligence, blockchain and IoT are increasingly driving innovation, according to Startup India ecosystem reports.
Industry-Wise Startup Impact
DPIIT-recognised startups have generated over 16.6 lakh direct jobs across sectors as of October 31, 2024, strengthening India’s employment landscape.
- IT Services: 2.04 lakh jobs
- Healthcare & Life Sciences: 1.47 lakh jobs
- Commercial & Professional Services: 94,000 jobs
Through the Startup India initiative, the government continues to focus on skill development, funding access, ecosystem collaboration and global outreach.
Key Initiatives Under Startup India
- Capacity building and mentorship
- Outreach and awareness programmes
- Ecosystem development events
- International exposure and global linkages
- Collaboration between startups, corporates and institutions.
January 16, 2026, 07:00 IST
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