business 💥 Zee Chairman clashes with Ambani over misinformation
Subhash Chandra of Zee Entertainment accused Mukesh Ambani and RIL media entities of running a misinformation campaign against him. This accusation was made during a video message aired on Zee News on Friday, August 28, 2026, in Mumbai. Chandra pointed out a report claiming his ₹22,000 crore debt was reduced to ₹6.5 crore, which RIL has strongly denied. He alleged Ambani tried to acquire Zee improperly and that his stock price dropped 40% on the same day he sought help. Moving forward, Chandra warned Ambani to stop the 'witch hunt' as he has nothing left to lose. 😤