Punit goenka biography of barack

Under Punit Goenka’s stewardship, the Zee bouquet of channels has grown to 33 Indian domestic and 38 international with a viewership of 1 billion spread across 171 countries that covers the gamut of the entertainment, sports and news spectrum. Financially, Goenka has steered the group to a year-on-year growth of nearly 20 percent, with revenues now at $867 million.

Zee’s filmmaking subdivisions Essel Vision Productions and Zee Studios have in the past three years revitalized the Marathi-language film industry and made it a major player in an Indian market otherwise dominated by the Hindi, Tamil and Telugu language industries. Marathi hits include “Lai Bhaari”, “Katyar Kaljat Ghusali” and “Natsamrat”.

In 2016, Marathi cinema was planted firmly on the world map with the selection of “Sairat” at Berlin where it was nominated for a Crystal Bear and the film earned $16 billion, making it the biggest hit in the history of the region.

The group has a library of more than 3000 Hindi, Telugu, Tamil, Malayalam, Punjabi language titles and much of its international profile is repurposing these across world territories with local subtitles or dubbed versions. Goenka’s avowed ambition is to go global and he has launched footprints across the world. In 2016, he and his brother Amit launched Spanish language channel Zee Mundo featuring dubbed Bollywood content as an alternative to Hollywood.

Zee is a Goenka family run business and Punit apprenticed across the group’s divisions before assuming charge in 2008.

Indian billionaire media baron

For the leader in the Indian independence movement popularly known as Netaji, see Subhas Chandra Bose.

Subhash Chandra Goenka (born 30 November 1950) is an Indian billionaire media baron. He is the chairman of the Essel Group, an Indian media conglomerate and founded Zee TV in 1992. He was also the chairman of Zee Media but resigned as Director and Non-Executive Chairman of the company on 24 May 2016. He was elected to the Upper House of the Indian parliament for the Haryana state in the 2016 Rajya Sabha election, as an independent candidate supported by legislators from the Bharatiya Janata Party.

On 31 May 2022, Subhash Chandra filed his nomination from Rajasthan for elections to the Rajya Sabha as an Independent candidate backed by the Bharatiya Janata Party, but he lost the election.

Early years

Subhash Chandra is born in an Agarwal Bania family in Adampur, Hisar district, Haryana.Forbes India notes that Chandra was born in Rajasthan, and moved with his family to Hisar during his childhood. His family had a debt of ₹3.5 lakh, which he had to repay. His family could not afford his higher education, and in 1965 he dropped out of school to join the family business of commission agents and traders who procured and supplied rice to the Food Corporation of India.

In the 1980s, he started manufacturing flexible packaging (mainly plastic tubes) for fast-moving consumer goods such as toothpaste under the brand name Essel Packaging. He followed it up with a leisure park Essel World in north Mumbai.

In 1992, he launched Zee TV, the second private commercial television channel in the country in association with Star TV in Hong Kong, and in 2003, Dish TV, the first satellite television provider in India.

Business

Chandra launched India's first satellite TV channel, Zee TV, i

Managing director and CEO of Zee Entertainment Enterprises

Punit Goenka is the managing director and chief executive officer of Zee Entertainment Enterprises. Goenka is the elder son of Essel Group Chairman Subhash Chandra. Goenka grew up and studied in several and Mumbai—before moving to Institut Le Rosey, a boarding school in Rolle, Switzerland. He was elected as the President of Indian Broadcasting Foundation (IBF) in September 2016 for a period of one year. He holds a bachelor's degree, B.Com from University of Mumbai 1995.

Training initially within the Essel Group, Goenka's first assignment, in 1993, was selling amusement park packages for Essel World to schools in Virar, Mumbai. He was assistant to the head of Essel Packaging, the floor supervisor of a factory, and executive assistant to his father for six months. He then joined Zee Music Company. He was put in charge of organizing funding for Agrani—a programme to launch the group's own satellite. He helped launch Dish TV, working with his uncle, Jawahar Goel, for a year in Delhi. He then moved back to Mumbai and ran Zee Sports. In 2005, he was appointed business head of Zee TV where he ran the content for the entire network. In 2008, he took over as CEO from Pradeep Guha.

Goenka is married to Shreyasi, an art patron and co-director of the Saat Saath Arts Foundation and they have two sons and a daughter.

Family

Punit Goenka's parents are Subhash Chandra and Sushila Devi. His brother is Amit Goenka.

Legal issues

On 12 June 2023, the Securities and Exchange Board of India (SEBI) barred Punit Goenka, along with Subhash Chandra, from holding the directorial positions in any listed company. This action has been taken in response to allegations of siphoning off the funds for their personal benefits from their listed entities, as stated in SEBI's interim order.