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Essel Group celebrates 90 years: As it happened

The journey of Essel Group began in 1926.

LIVE Blog

Delhi: On Sunday the prestigious Essel Group celebrated its 90th anniversary with a mega event at held Indira Gandhi Stadium.

The function was graced by many dignitaries including Prime Minister Narendra Modi and President Pranab Mukherjee.

On the occasion, great initiatives like Saarthi and DSC Foundation were launched. The event was the top trend - #YoungAt90 - on micro-blogging site Twitter.

14 May 2017
22:46 IST

PM tweets:

Also ReadPM Modi hails social initiatives of Essel Group - Here are his top quotes

21:37 IST

Celebrations end with performances by Sa Re Ga Ma Pa and Dance India Dance contestants. 

21:15 IST

Deeepa Malik, Indian athlete and the first Indian woman to win a medal in Paralympic Games tweets:

21:13 IST

However, celebrations continue:

21:11 IST

President and PM Modi leave the venue.

21:08 IST

National Anthem is played.

21:00 IST

Shri Nand Kishore Goenka addresses the gathering.

He blesses and thanks all the individuals who have been a part of the beautiful journey.

20:59 IST

The reach of media is encouraging. You have completed 90 years. Shortly you (Essel Group) will complete 100 years. Remain young at 100 and remain young always, says President.

20:57 IST

At the outset I congratulate, Essel group for its successful journey. I appreciate the adjective 'young at 90', says President.

News may differ but not fact. Truthfulness, accuracy in news is expected. To some extent anti-establishment is fashion of the day but that is not the only thing that contributes to the society. There are many positive things that is happening around us, he adds.

20:55 IST

President begins his speech.

20:51 IST

Dr Chandra ji spoke about Ekal Vidyalayas. The manner in which his family has supported these schools is commendable, says PM.

20:51 IST

Sarthi and DSC Foundation have been inaugurated today. These initiatives reflect values their family believes in, adds PM.

20:49 IST

Essel Group is committed in leaving no stones unturned in community development, says PM.

PM talks about DSC Foundation (launched by the Chairman). DSC Foundation, with a corpus of Rs 5000 crore, is an initiative to empower people in need. 

20:48 IST

'Waste to wealth' is a belief that is gaining momentum. Lot of social entrepreneurship is being devoted towards this, says PM.

In PicsEssel Group Celebrates 90 Years

20:46 IST

PM Modi recalls his earlier meetings with Shri Nand Kishore Goenka and says that the family has always been open to new ideas and has taken every challenge as an opportunity to create a presence in a range of initiatives from 'soil to satellite'. 

Essel Group always thinks of doing something new. They have amazing capacity to handle difficult situations, adds PM.

20:45 IST

PM says that India has had a tradition where successive generations take family values forward and contribute to the family by adding their capacities and capabilities. 

I have known the family of Dr Chandra for years. Their business group is active in so many sectors, adds PM.

20:42 IST

Today's occasion is obviously connected with the Essel Group but it is also connected with values associated with our land, says PM Modi.

20:41 IST

PM Modi begins his speech.

20:33 IST

Earlier, Saarthi, a great employment initiative was launched by Dr Chandra and PM Modi.

Saarthi is a people’s empowerment programme on subjects such as education, health and employment.

20:31 IST

Dr Chandra salutes those who relentlessly support soldiers and talks about #armybehindarmy initiative.

As part of this initiative, we plan to highlight and promote the causes of Armymen's wives through our organisation," he points out.

20:16 IST

Dr Chandra enumerates plans to improve housing and water delivery.

Our Asha 2022 initiative is a low-cost, affordable housing scheme. However, the work is still in progress. Asha means Affordable Shelter and Houses for All, he says.

20:14 IST

40,000-strong Esselites are powering the group to fulfill its vision. It has six-and-a-half lakh shareholders in addition to scores of well-wishers in India and abroad. Today, Zee News and Zee Entertainment have their presence in 172 countries with over 120 crore viewership, says Dr Chandra.

We have launched many pioneering and successful projects in the country. One motivation behind our success is my grandfather Jagan Nath Goenka's counsel - Never be afraid of difficulties and never compromise on your promise and honesty, he adds.

20:13 IST

It is important that along with profit in business, the country should also benefit, says Dr Chandra.

20:13 IST

We started a lot of projects in this country.  We have believed that one shouldn’t be afraid of problems but believe in oneself, says Dr Chandra.

20:09 IST

I am speaking here but the voice is of our employees. People used to think that Essel Group is only 30-40 years old. We have scaled new heights due to people's blessings, says Dr Chandra.

20:08 IST

Dr Chandra extends his and his family's greetings to everyone and thanks President and PM Modi for gracing the occasion.

PM Modi is always working for the country, says Dr Chandra.

20:05 IST

Earlier, Zee Family Legacy Business Awards were given to - 

- Dr Anand C Burman – Dabur Chairman.

- Piyush Desai – Wagh Bakri Tea Group.

- Murtaza Khorakiwala - Wockhardt Limited.

20:04 IST

Dr Chandra addresses the gathering.

19:59 IST

President and PM felicitated.

 

 

19:54 IST

Another fact - In 2003 Essel Group ventured into the education space, by launching the pre-school chain KIDZEE that currently touches the lives of more than 400,000 children. 

And after crossing regulatory hurdles and the absence of a legal framework, Essel Group launched India’s first and currently largest DTH service Dish TV.

19:49 IST

Did you know - ZEE was born on October 2, 1992, initially with only two hours of content. Despite focusing on inexpensive programming Zee became an overnight success.

19:49 IST
19:44 IST

Swami Avdheshanand Giri Maharaj takes the stage.

19:37 IST

Union Textiles Minister Smriti Irani addresses the gathering. Irani congratulates Essel group on the momentous occasion.

She also points out as to how many youngsters have realised their dreams because of Essel Group. 

 

19:29 IST

Shri Ashok Goel and Sudhir Chaudhary address the gathering. 

19:27 IST

Vande Mataram by Sare Ga Ma Pa’s Little Champs:

 

 

19:23 IST

You can watch the celebrations here:

19:19 IST

19:16 IST

President Mukherjee and PM Modi arrive for the celebrations.

19:13 IST

A blast from the past:

 

 

19:08 IST

Meanwhile a look at the awards and recognition:

- Essel Propack's North America wins three spots in the Tube Council's 2013 Tube of the Year Awards.

- Dr Subhash Chandra received the 2011 International Emmy Directorate Award in New York City.

- Dr Subhash Chandra, Chairman, Essel Group and ZEEL honoured with the International Writers Award 2014.

- EsselWorld - India's Largest Amusement Park bagged awards in three categories at the 10th IAAPI's (Indian Association of Amusement Parks & Industries) National Award for Excellence 2011.

- Essel Infra Ahmedabad Godhra Toll Road Project Pvt Ltd felicitated by IIFCL (India Infrastructure Finance Company) in association with World Bank/Asian Development which qualifies for "Environmental Sustainability".

- DishTV voted as the 'Most Trusted Brand' by Trust Research Advisory (TRA) in their 2014 Brand Trust Report.

- ZEE - the only media brand to feature in Interbrand's 30 Best Indian Brands, 2015.

- Zee Institute of Creative Art (ZICA) won "Asia's Fastest Growing Education Institute Award, 2013" under the "Best Graphic and Animation Design" training institute category by World Consulting & Research Corporation (WCRC).

- Dr Subhash Chandra, Chairman of the Essel Group and ZEE, received the prestigious Canada India Foundation (CIF) Chanchlani Global Indian Award on 22nd April 2016, instituted by Canada India Foundation.

19:06 IST

Look who is here to take part in celebrations:

19:03 IST

Haryana CM Manohar Lal​ Khattar arrives to celebrate 90 incredible years of Essel Group.

18:52 IST

As we wait for celebrations to begin, a picture for you:

18:51 IST

In reply to PM Modi, Dr Chandra had tweeted the following:

18:50 IST

This is what PM Modi had tweeted yesterday -

18:48 IST

President Pranab Mukherjee, Prime Minister Narendra Modi and other dignitaries will be taking part in the celebrations.

18:46 IST

This is India’s only business conglomerate, which has been efficiently managed by five generations. 

 

18:45 IST

A quote from Dr Subhash Chandra, Chairman of the group, on this momentous occasion - "It is a moment of pride for us to see the group grow from a Mandi in Adampur to a multi-billion dollar conglomerate even after having gone through five downturns. We look forward to serving the nation for the coming years and taking India to the world."

 

 

18:43 IST

14th May 2017 is a big day for the prestigious Essel Group. Today the group has completed 90 years of it's existence.

The Group has presence in 169 countries across the globe and is a multi-billion dollar conglomerate.

 

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