Subhash Chandra assumes active role in daily operations of DNA

• DecreaseIncrease

Essel Group chairman Subhash Chandra, part-owner of the Mumbai-headquartered broadsheet Daily News and Analysis (DNA) in English has increased his day-to-day role in the operations of the paper. Chandra, through an investment arm, controls a 49 per cent stake in DNA’s publisher Diligent Media Corp., with the Dainik Bhaskar group and one of its promoters holding the rest. Chandra is co-chairman on the board of Diligent Media. Thus far the company’s MD, Sudhir Agarwal, was looking after the paper’s day-to-day affairs representing the promoter group. Agarwal belongs to the promoter family that owns the Hindi broadsheet daily Dainik Bhaskar and is the MD of that paper as well. ...cont´d

• DecreaseIncrease