Zee News on Saturday said it has sent a Rs 150 crore defamation notice to Congress MP and industrialist Naveen Jindal, who too had filed a 200 crore rupees case against the media house claiming the TV channel had tried to extort money from his company.

In a statement, Zee News said, it has given three-day time to Mr Naveen Jindal to withdraw all his allegations against Zee News, failing which Mr Jindal will face civil and criminal actions initiated by Zee News.

At a press conference on October 25, Mr Jindal, who is the Chairman of Jindal Steel and Power Ltd, JSPL had claimed that the Zee News group attempted to extort Rs 100 crore from the firm for not airing stories against it on coal block allocation.

Mr Jindal had released a CD claiming that it has records of attempts by Zee editors to strike a purported deal with JSPL.

On Thursday, JSPL had filed a defamation suit for Rs 200 crore against four executives of Zee at Mumbai High Court. However, Mr Jindal's charges were denied by the Zee group.