Page 13 - Zee Entertainment

Invesco sells 5.11% stake in Entertainment Enterprises for Rs 1,004 crore

Among the buyers were Segantii India and Morgan Stanley, block deal data released by BSE showed

Zee Entertainment falls 3% as nearly 6% equity change hands via block deals

At 9:15 am; around 54.77 million equity shares, which represented 5.7 per cent of total equity of ZEEL changed hands on the BSE

Stocks to Watch: Infosys, HDFC Bank, Zee Ent, Tata Motors, VA Tech Wabag

Stocks to Watch: Infosys delivered a weak performance in Q4 as its profit declined 6.9 per cent on a sequential basis, while revenue dropped 2.3 per cent QoQ

Zee Music Company renews its licensing agreement with YouTube, Meta

Zee Music Company, a division of media firm Zee Entertainment Enterprises Ltd (ZEEL), on Friday announced the renewal of its licensing agreement with YouTube and Meta, earlier known as Facebook. The deal with two of the world's largest digital content-streaming companies will allow them to access music content from Zee Music's catalogue of over 11,000 songs, said a statement. As part of the deal, users can continue to use Zee Music Company's entire catalogue to create multiple social experiences across YouTube as well as Meta platforms, such as Facebook and Instagram, it added. "With an increasing number of audiences tuning in to Indian music from across the globe, the inclusion of the latest music libraries from India will allow users and YouTube Shorts creators to stay up to date with the latest music trends and styles," it noted. With its massive user base, YouTube is one of the largest digital content platforms, and the ongoing collaboration is set to elevate the music experien

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

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Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders

Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank

Zee Entertainment calls report of $10 million repayment 'speculative'

In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it

Zee Entertainment set to repay IndusInd $10 million to wrap Sony deal

The settling of dues of about Rs 837 million ($10 million) to the lender could happen as early as Friday and the Mumbai-based bank has agreed to withdraw its insolvency proceedings

Zee Entertainment up 8% on report that it will pay $10 mn to IndusInd Bank

The settling of dues of about Rs 83.7 crore to the lender could happen as early as Friday, and IndusInd Bank could withdraw its insolvency proceedings against the media company

ZEE settles dispute with IPRS, insolvency petition withdraw by artist body

Leading broadcaster ZEE Entertainment Enterprises Ltd (ZEEL) on Monday said it has "mutually" settled disputes with the Indian Performing Rights Society (IPRS) and the insolvency petition filed against by the latter has been withdrawn before NCLAT. "The Company and IPRS have mutually entered into the settlement agreement today on such agreed terms by which all disputes and claims have been settled between the Company and IPRS and accordingly IPRS has agreed to withdraw the aforesaid insolvency petition filed by them," a regulatory filing by ZEEL said. Though ZEEL has not shared the terms and conditions of settlement but said it is "as per the settlement agreement entered into by the Company and IPRS. "There is no penalty paid and no material impact on the financial position of the Company," it said. Earlier this January, IPRS moved the insolvency tribunal NCLT against ZEEL claiming a default of Rs 211.41 crore. IPRS, which is a non-profit society comprising authors, composers and

Superstar Amitabh Bachchan injured on sets of 'Project K', returns home

In a post on his personal blog, the 80-year-old actor said his "rib cartilage popped broke" and there is a "muscle tear to the right rib cage"

Zee Entertainment jumps 6% as NSE reincludes stock in F&O segment

The stock of TV broadcasting & software production had dipped 15 per cent in past six trading days between February 17 and February 27.

NSE withdraws decision to drop Zee Entertainment from F&O segment

NSE said post the NCLAT order, ZEEL will move out of IBC framework, hence the surveillance action in the stock shall be reverted and the F and O contracts with May 2024 will be available

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

Stocks to Watch: Adani Green, Sonata Software, HG Infra, Zee Entertainment

Stocks to Watch: NCLT has admitted IndusInd Bank's Insolvency Plea against Zee Entertainment; Sri Lanka's Board of Investment have approved two wind power plants by Adani Green Energy

Merger with Sony will get stuck in insolvency proceedings: Zee group

India's Zee Entertainment Enterprises Ltd told a tribunal on Friday its merger with a local unit of Japan's Sony Group Corp will "get stuck" due to the initiation of insolvency

Bear run enters sixth day as Sensex fall 142 pts, Nifty near 17,450

CLOSING BELL: Sectorally, the Nifty Metal index plunged 3 per cent, dragged by Adani Enterprises, which tumbled nearly 5 per cent

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

How to trade Zee Entertainment as NCLT places it under insolvency process

Death Cross on the Zee Entertainment may push stock in the bear grip