Negative forces caused today's Zee stock crash: Subhash Chandra

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After Zee group stocks took a heavy beating on Friday, Subhash Chandra, Chairman of ZEE and Essel Group in an open letter said that certain “negative forces” attacked the stock of Zee Entertainment to sabotage the company’s strategic sale process. In the letter, Chandra said that buying D2H from Videocon was a wrong investment decision and he made some incorrect bids in the infra space..

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