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Zee Entertainment Enterprises

Zee Entertainment gains 7% as board to consider fund raising on July 16

On June 3, ZEEL's the board had considered and given its in-principle approval for raising funds by up to Rs 2,000 crore.

Zee Entertainment gains 7% as board to consider fund raising on July 16
Updated On : 12 Jul 2024 | 11:56 AM IST

Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr

The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments

Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
Updated On : 26 Jun 2024 | 11:53 PM IST

Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media

Maverick Media is promoted by Vistaar Entertainment and focuses on expanding the large-screen cinema experience across India

Zee Entertainment CEO Punit Goenka buys majority stake in Maverick Media
Updated On : 24 Jun 2024 | 6:03 PM IST

ZEE can withdraw its merger implementation application: NCLT

ZEEL had filed the application following the termination of the merger agreement by Culver Max and Bangla Entertainment on January 22, citing a breach of the merger cooperation agreement

ZEE can withdraw its merger implementation application: NCLT
Updated On : 24 Jun 2024 | 3:09 PM IST

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'

Mukund Galgali, the head of Zee's commercial and strategic initiatives, has been with the group for 17 years. He will assume responsibilities as acting CFO from Wednesday

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'
Updated On : 19 Jun 2024 | 12:25 AM IST

Zee Entertainment faced Rs 432 crore merger costs in failed Sony deal

The merger agreement between Zee Entertainment and Culver Max Entertainment (Sony's India unit) was terminated on January 22 due to issues over leadership and unmet closing conditions

Zee Entertainment faced Rs 432 crore merger costs in failed Sony deal
Updated On : 22 May 2024 | 10:05 AM IST

NSE to stop issuance of new futures and options contracts for ZEE

On April 16, the NSE said contracts for new expiry months for Zee Entertainment will not be issued once the existing contract months expire

NSE to stop issuance of new futures and options contracts for ZEE
Updated On : 17 Apr 2024 | 10:34 AM IST

NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17

Axis Finance and IDBI had challenged the merger in NCLAT

NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17
Updated On : 15 Apr 2024 | 9:04 PM IST

No action against Subhash Chandra on summons till April 30: Sebi to HC

The court had earlier given Sebi two weeks to file its reply. The bench led by Justice G.S. Kulkarni and Justice Firdosh Pooniwala on Wednesday directed Chandra to file a rejoinder in the matter

No action against Subhash Chandra on summons till April 30: Sebi to HC
Updated On : 10 Apr 2024 | 8:06 PM IST

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs

Zee Entertainment Enterprises has proposed the implementation of a lean and streamlined management structure to the Board

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs
Updated On : 06 Apr 2024 | 12:17 AM IST

ZEE Entertainment's Punit Goenka to lay off 15% of workforce to cut costs

In the new lateral structure, Punit Goenka, MD & CEO, has proposed the elevation of certain team members across businesses

ZEE Entertainment's Punit Goenka to lay off 15% of workforce to cut costs
Updated On : 05 Apr 2024 | 11:15 PM IST

Sebi to question Subhash Chandra, Punit Goenka on fund diversion: Report

This comes just a day after media reports suggested that Sebi has found an accounting 'hole' of Rs 2,000 crore in Zee's books

Sebi to question Subhash Chandra, Punit Goenka on fund diversion: Report
Updated On : 22 Feb 2024 | 11:26 AM IST

Zee refutes report of Rs 2,000 crore accounting 'hole', calls it 'false'

A report on Wednesday said that the market regulator has found a "hole" of more than Rs 2,000 crore in the accounts of Zee Entertainment Enterprises Ltd

Zee refutes report of Rs 2,000 crore accounting 'hole', calls it 'false'
Updated On : 21 Feb 2024 | 11:13 AM IST

Zee, Sony in discussions to save the called off $10 billion merger: Report

Sony-Zee merger: Punit Goenka, managing director and chief executive officer at ZEEL, has agreed to Sony's demand of him not becoming the CEO of the merged entity

Zee, Sony in discussions to save the called off $10 billion merger: Report
Updated On : 20 Feb 2024 | 9:10 AM IST

What next for Zee Ent: The answer will only unfold in the coming months

But just getting margins back to 20 per cent does not address the real, structural changes in the market that made this merger imperative

What next for Zee Ent: The answer will only unfold in the coming months
Updated On : 15 Feb 2024 | 11:55 PM IST

Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr

Star also accused Zee of violating the ICC TV rights agreement by failing to make the first instalment payment of $203.5 million

Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr
Updated On : 14 Feb 2024 | 11:18 PM IST

Zee shareholder files fresh plea in NCLT against Sony's move on merger pact

Mad Men Film Ventures, a shareholder of Zee Entertainment Enterprises (ZEEL), on Friday filed a fresh application in the National Company Law Tribunal seeking an order to refrain Sony from proceeding contrary to the NCLT's earlier decision sanctioning merger of the two media companies. Sony had last month terminated the agreement with ZEEL to merge its two Indian entities -- Culver Max Entertainment (earlier known as Sony Pictures Network India) and BEPL-- with the Indian media company. The termination notice came months after the Mumbai bench of NCLT on August 10, 2023 approved the scheme of merger of ZEEL with Sony group entities. In its fresh plea on Friday, Mad Men Film Ventures sought the Mumbai bench of NCLT's urgent intervention to restrain Sony Pictures India Networks from proceedings against the tribunal's order dated August 10 as the matter is scheduled for hearing on March 12. The fresh plea came after Sony initiated an arbitration proceedings before Singapore-based ...

Zee shareholder files fresh plea in NCLT against Sony's move on merger pact
Updated On : 09 Feb 2024 | 9:53 PM IST

Large shareholders may nudge Zee Entertainment board on action plan

Share prices of Zee nosedived after collapse of its merger agreement with Sony Pictures Networks

Large shareholders may nudge Zee Entertainment board on action plan
Updated On : 28 Jan 2024 | 9:59 PM IST

Rs 8 trillion wiped out as markets shed 1.5%; Zee shares slump 30%

Selloff led by banks, oil and gas stocks, FMCG, and metals

Rs 8 trillion wiped out as markets shed 1.5%; Zee shares slump 30%
Updated On : 23 Jan 2024 | 11:25 PM IST

The merger drama in television

With India hardly being a hot destination for media investments, the twists and turns in the Sony-Zee merger deal is bad news for the industry

The merger drama in television
Updated On : 16 Jan 2024 | 10:14 PM IST