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Subhash Chandra Goyal, Head, Zee TV & B K Modi, Chairman, Spice Global addresses during the launch of ZEE TV’s new serial Buddha in Mumbai on Monday, 02 September 2013.

Subhash Chandra Goyal, Head, Zee TV & B K Modi, Chairman, Spice Global addresses during the launch of ZEE TV’s new serial Buddha in Mumbai on Monday, 02 September 2013.

Subhash Chandra Goyal, Head, Zee TV gestures during Sahara India Pariwar’s party in honour of Sridevi’s Padma Shri award in Mumbai on Tuesday, 23 April 2013.

Bollywood music director Anu Malik with Subhash Chandra Goyal, Head, Zee TV poses during Sahara India Pariwar’s party in honour of Sridevi’s Padma Shri award in Mumbai on Tuesday, 23 April 2013.

Subhash Chandra Goyal, Head, Zee TV arrives for the party hosted for Steven Spielberg in Mumbai on Monday, 11 March 2013.

Subhash Chandra Goyal, Head, Zee TV & Adar Poonawalla, ED, Serum Institute of India interacting during the Ernst & Young Entrepreneur Of The Year India Award 2012 in Mumbai on Thursday, 21 February 2013.

Subhash Chandra Goyal, Head, Zee TV & Onkar Kanwar, CMD, Apollo Tyres gestures during the Ernst & Young Entrepreneur Of The Year India Award 2012 in Mumbai on Thursday, 21 February 2013.

Ajay Bhalwankar, Content Head, Zee TV with actors Ragini Khanna, Sonali Bendre, Vivek Oberoi, director Anurag Basu & Nitin Keni, CEO, Film Division, Zee Telefilms Ltd poses for the photographers during the launch of new reality show India’s Best Dramebaaz on Zee TV in Mumbai on Wednesday, 13 February 2013.

Subhash Chandra Goyal, Head, Zee TV poses at the Zee Cine Awards 2013 in Mumbai on Sunday, 06 January 2013.

Subhash Chandra Goyal, Head, Zee TV poses at the Zee Cine Awards 2013 in Mumbai on Sunday, 06 January 2013.

Subhash Chandra Goyal, Head, Zee TV with his wife poses for the photographers during the premiere of film Dabangg 2 in Mumbai on Thursday, 20 December 2012.

Subhash Chandra Goyal, Head, Zee TV poses during the wedding reception of Abhinav Shukla & Aashima Kumar in Mumbai on Sunday, 16 December 2012.

Subhash Chandra Goyal, Head, Zee TV arrives during his funeral parade in Mumbai on Sunday, 18 November 2012. Thackeray expired due to cardio-respiratory failure on Saturday, 17 November 2012.

Subhash Chandra Goyal, Head, Zee TV during the celebration of ZEE TV India’s 20th anniversary in Mumbai on Saturday, 10 November 2012.

Subhash Chandra Goyal, Head, Zee TV during the celebration of ZEE TV India’s 20th anniversary in Mumbai on Saturday, 10 November 2012. Head of Zee TV, Subhash in black suit, Subhash in black coat, vertical

Subhash Chandra Goyal, Head, Zee TV gestures during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Subhash Chandra Goyal, Head, Zee TV gestures during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Subhash Chandra Goyal, Head, Zee TV & Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd., Subhash Chandra Goyal, Head, Zee TV poses during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd., Subhash Chandra Goyal, Head, Zee TV poses during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Subhadarshi Triparthy, Business Head, ZeeQ Channel, Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd., Subhash Chandra Goyal, Head, Zee TV & Navneet Anhal, CEO, Zee Learn Ltd poses during the launch of ZeeQ channel in Mumbai on Monday, 15 October 2012.

Industrialist and Head of Zee TV Subhash Chandra Goyal; Bollywood Actor Tina Ambani and Chief election commissioner Naveen Chawla share a light moment during the launch of Rupika Chawla’s book ‘Raja Ravi Varma, Painter of Colonial India’ by Mapin Publishing in association with Taj Hotels in Mumbai on Tuesday, 09 March 2010.

Industrialist and Head of Zee TV Subhash Chandra Goyal during the grand celebration of 1000th episode of Zee Sa Re Ga Ma Pa Mega Challenge in Mumbai on Friday, 11 December 2009. The 1000th episode is also the conclusion of Hero Honda SaReGaMaPa MegaChallenge, the competition was between West Bengal (Abhijit Ghoshal, Keka Ghoshal and Sanchita Bhattacharya) and Maharashtra (Vaishali Made, Kaushik Deshpande and Rohit Raut) where the latter team was declared as a winner. Sonu Nigam, Suresh Wadkar and Pyrelal were seen as the panel of judges for the grand night.

Industrialist and Head of Zee TV Subhash Chandra Goyal during the grand celebration of 1000th episode of Zee Sa Re Ga Ma Pa Mega Challenge in Mumbai on Friday, 11 December 2009. The 1000th episode is also the conclusion of Hero Honda SaReGaMaPa MegaChallenge, the competition was between West Bengal (Abhijit Ghoshal, Keka Ghoshal and Sanchita Bhattacharya) and Maharashtra (Vaishali Made, Kaushik Deshpande and Rohit Raut) where the latter team was declared as a winner. Sonu Nigam, Suresh Wadkar and Pyrelal were seen as the panel of judges for the grand night.

Industrialist and Head of Zee TV Subhash Chandra Goyal during the grand celebration of 1000th episode of Zee Sa Re Ga Ma Pa Mega Challenge in Mumbai on Friday, 11 December 2009. The 1000th episode is also the conclusion of Hero Honda SaReGaMaPa MegaChallenge, the competition was between West Bengal (Abhijit Ghoshal, Keka Ghoshal and Sanchita Bhattacharya) and Maharashtra (Vaishali Made, Kaushik Deshpande and Rohit Raut) where the latter team was declared as a winner. Sonu Nigam, Suresh Wadkar and Pyrelal were seen as the panel of judges for the grand night.

Industrialist and Head of Zee TV Subhash Chandra Goyal presents trophy to Bollywood Singer Suresh Wadkar while Yesteryear Music Director Pyarelal Ramprasad Sharma and Sonu Nigam look on during the grand celebration of 1000th episode of Zee Sa Re Ga Ma Pa Mega Challenge in Mumbai on Friday, 11 December 2009. The 1000th episode is also the conclusion of Hero Honda SaReGaMaPa MegaChallenge, the competition was between West Bengal (Abhijit Ghoshal, Keka Ghoshal and Sanchita Bhattacharya) and Maharashtra (Vaishali Made, Kaushik Deshpande and Rohit Raut) where the latter team was declared as a winner. Sonu Nigam, Suresh Wadkar and Pyrelal were seen as the panel of judges for the grand night.

Nitin Vaidya, COO of ZEEL and Business Head of ZEE TV; TV Actors Namrata Thape; Tarun Mehta; Suhasi Dhami; Aloknath; Smita Jaykar; Navnnen; Kavita, Irshad Kamil; Bollywood Director Sooraj Barjatya and Manish pose for the photographers during the launch of new serial of Zee TV ‘Yahan Mein Ghar Ghar Kheli’ in Mumbai on Tuesday,10 November 2009.

Industrialist and Head of Zee TV Subhashchandra Goyal and Shivsena Executive President Uddhav Thackeray at the launch of the book ‘NOON, With A View- Courage and Integrity’ in Mumbai on Wednesday, 03 June 2009.

Industrialist and Head of Zee TV Subhashchandra Goyal and Author Gulam Noon at the launch of the book ‘NOON, With A View- Courage and Integrity’ in Mumbai on Wednesday, 03 June 2009.

Industrialist and Head of Zee TV Subhashchandra Goyal and Shivsena Executive President Uddhav Thackeray with Nana Chudasama display the newly launched book ‘NOON, With A View- Courage and Integrity’ by Gulam Noon in Mumbai on Wednesday, 03 June 2009.

Industrialist and Head of Zee TV Subhashchandra Goyal outside Hinduja Hospital,Mumbai on Saturday,22 April 2006.Goyal paid a visit to Bhartiya Janata Party (BJP) National Leader Pramod Mahajan who was shot at by his younger brother Pravin on Saturday morning.

Tarun Mehera, Business Head of ZEE TV; Bollywood Singers Sonu Nigam and Aditya Narayan with Participants of Sa Re Ga Ma Pa L’il Champs at the announcement of nine finalists for L’il Champs by ZEE TV in Mumbai on Thursday, 03 January 2008.