Some lenders sold pledged shares of Zee promoters while others triggered margin money calls as most group companies reported their biggest single-day declines on the bourses. Zee chairman Subhash Chandra admitted servicing the group’s over-Rs 11,000-crore debt was challenging but vowed to repay every lender. He apologised in an open letter.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Wjudwl
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