October 15, 2021 12:12 am
Hinting that he will take legal recourse, Goenka said, “I too have a lot of points to put across, but I firmly believe that there is a right time and place for it. Our lawyers will do the needful in the court of law, as deemed necessary.”
October 13, 2021 12:03 pm
Invesco says its role ‘was to help facilitate that potential transaction’
October 13, 2021 3:13 am
In an exchange filing, ZEEL said a deal was presented by Aroon Balani and Bhavtosh Vajpayee, representatives of Invesco.
October 12, 2021 4:09 am
“It is concerning that the current terms of the Sony-Zee announcement gift additional 2 per cent equity to the founding family via a non-compete that seems entirely unjustified, while also providing a pathway for the founding family to raise its stake from 4 per cent to 20 per cent via methods that remain wholly opaque,” Invesco said.
October 08, 2021 3:52 am
The NCLAT asked the National Company Law Tribunal (NCLT) to provide “reasonable and sufficient opportunity” to ZEEL to reply to a plea by Invesco seeking a meeting of the company’s shareholders.
October 07, 2021 5:12 pm
The hearing was adjourned for Friday little over an hour after the National Company Law Appellate Tribunal (NCLAT) said it will pass an order later in the day in connection with the matter.
September 22, 2021 2:20 pm
Zee Entertainment share price: The scrip surged 24.98 per cent to a 52-week high of Rs 319.50 on the BSE, while on NSE it rallied 24.99 per cent to Rs 319.60, its 52-week high.
September 23, 2021 4:47 am
As part of the proposed deal, Zee shareholders will hold about 47.07% stake and the rest of the merged entity will be owned by Sony Pictures Networks India shareholders
August 27, 2021 8:28 pm
Saying that he was the first to conceptualise the idea, writer Chotenlal Saini had moved the Bombay HC seeking to restrain the broadcaster from airing the series
August 04, 2021 10:57 am
Subhash Chandra on Tuesday said that only 8.8 per cent of his overall debt remains to be settled, with 91.2 per cent of the dues having been paid.