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The Economic Times
The Economic Times
Business

Subhash Chandra drops mention of Mukesh Ambani allegations, shifts focus to settling Essel debt

New Delhi: Two days after launching an unusually sharp attack on billionaire Mukesh Ambani and accusing Reliance-linked media outlets of running a campaign against him, Zee founder Subhash Chandra has, in his now near-daily public statements, dropped further mention of those allegations and shifted his focus to settling outstanding dues and defending his personal insolvency plan.

Chandra, during an 18-minute interaction with followers on Instagram, attended by about 560 people at its peak, made little fresh reference to his allegations against Ambani, instead telling viewers that borrowers linked to his Essel Group had agreed to settle their outstanding obligations with lenders.

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