Page 3 - Punit Goenka

SAT dismisses plea by Zee's ex-chairman Chandra, CEO Goenka over Sebi ban

An Indian tribunal on Monday dismissed an appeal by former Zee Group Chairman Subhash Chandra and Zee Entertainment CEO Punit Goenka to lift the markets regulator's ban

SAT rejects Zee Entertainment promoters' appeal against Sebi order

Tribunal directs founders to respond within two weeks; asks Sebi to appoint new WTM to probe the matter

Sebi asks law firm representing Zee founders against it to return briefs

Economic Laws Practice defended the founders of Zee Entertainment in a case against the regulator in the securities appellate tribunal

LIVE: Supertech promotor RK Arora arrested by ED in money laundering case

Catch all the latest updates from across the globe here

LIVE: Wagner head releases 11-min audio in 1st message since halting mutiny

Catch all the latest updates from across the globe here

Sony-Zee merger to go through, whether I'm CEO or not, says Punit Goenka

Goenka was set to become the merged entity's managing director and CEO, leading a $10 billion TV enterprise

Sony says it's taking Sebi allegations against Zee promoters 'seriously'

Goenka and Chandra have denied the charges and moved the Securities and Appellate Tribunal (SAT), asking it to stay the order where the matter is pending

Monitoring regulatory developments against Zee founder, CEO: Sony

Sony Pictures Entertainment on Wednesday said it took the India markets regulator's order banning Zee Entertainment founder and chief executive officer from holding board positions seriously

Zee Entertainment slips 7% to hit 52-week low amid heavy volumes

The stock quoted its lowest level since September 2021, with over three-fold jumped in average trading volumes

Top headlines: Byju's sacks staff, Zee Ent terms Sebi's order unjustified

Business Standard brings you the top headlines at this hour

Sebi justifies 'urgent action' against Zee Entertainment in 197-page reply

In affidavit to SAT, regulator says move taken to safeguard management, protect investors and stakeholders

No immediate relief to Zee promoters as SAT refuses to stay Sebi order

Tribunal asks markets regulator to file reply within 48 hour, posts matter for June 19

Zee board to review Sebi order on Subhash Chandra and CEO Punit Goenka

The board is currently reviewing the detailed order and appropriate legal advice is being sought in order to take the next steps as required, Zee Entertainment Chairman R Gopalan said

ZEE slips 6% as Sebi bars Punit Goenka, Chandra from holding key positions

The matter pertains to a Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore

Top headlines: Sebi debars Chandra, Goenka; Skymet predicts bleak monsoon

Business Standard brings you the latest headlines at this hour

Sebi debars Subhash Chandra, Punit Goenka from holding key positions

Regulator passes interim order following allegations of fund diversion in Zee Entertainment and other Essel firms

Zee Ent's Punit Goenka pays Rs 50.7 lakh to settle matter with Sebi

The matter dates back to September 2020 when ZEEL announced the launch of pay-per-view service Zeeplex

ZEEL CEO Goenka settles insider trading case with Sebi; pays Rs 50.7 lakh

Zee Entertainment Enterprises Ltd's MD and CEO Punit Goenka on Thursday settled with capital markets regulator Sebi a case of an alleged violation of insider trading norms after paying Rs 50.7 lakh towards the settlement fee. This came after Goenka proposed to the Securities and Exchange Board of India (Sebi) to settle the proceedings "without admitting or denying the findings" through a settlement order. "It is hereby ordered that the instant proceedings initiated against the applicant vide SCN (show cause notice) dated December 22, 2022, are disposed of," Sebi said in its settlement order. The regulator, in its investigation, found that Goenka allegedly failed to put in place adequate internal controls within the company to identify unpublished price-sensitive information (UPSI) and failed to identify the information pertaining to the launch of Cinema 2 Home Service, ZEEPLEX, as UPSI. By doing so, he allegedly violated the provisions of insider trading rules. Following this, a sh

NCLAT stays insolvency against Zee Entertainment on Punit Goenka plea

Goenka moved the NCLAT on Thursday, a day after the Mumbai bench of the NCLT admitted insolvency proceedings against Zee on a plea filed by IndusInd Bank -- a financial creditor of Zee

NCLAT stays insolvency proceedings against Zee; final hearing on March 29

The move came after Punit Goenka, chief executive of Zee, challenged the insolvency proceedings against the company