Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
The company is also calling for a stay on the proceedings in NCLT till the matter is decided in the appellate tribunal
State-owned CIL on Tuesday said its board has given an in-principle approval to a pre-feasibility report for setting up of an integrated greenfield aluminium project in Odisha
The owner and operator of retail chain D-Mart has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021
The Reserve Bank on Wednesday removed Indian Overseas Bank (IOB) from the Prompt Corrective Action Framework
Negative global market cues and profit taking pushed both Sensex and Nifty lower for the first time in four days
ZEEL board has three weeks to call the EGM
Invesco said newly constituted board supported will be best suited to evaluate and oversee potential for strategic transactions like the one announced on September
Goenka has never discussed how he feels about losing the company that he spent so much time building. Or about needing outside approval to run a company that was one-fifth owned by him and his family
Chandra family to hold 4% stake in merged firm, with option to increase it to 20%
Will support fund's stand, if well defined
Board sidesteps questions on corporate governance lapses
Zee Entertainment Enterprise Ltd is embarking on a new path under 'ZEE 4.0', through which it aims to enhance profitability and continue to grow ahead of the industry, MD Punit Goenka said
Kurien, Chokhani quit Zee Entertainment board a day before AGM
The stock may see a further re-rating if the firm sticks to its pledge on free cash flow and corporate governance
During the March 2020 quarter, its operational cost went up by 47.69 per cent to Rs 1,304.62 crore as against Rs 883.32 crore
Electric equipment maker Aplab on Wednesday said it will reclassify debt-ridden Zee Entertainment Enterprises Ltd (ZEEL) from promoter category to public category. The company's board is scheduled to meet on March 26 to approve the reclassification process, Aplab said in a regulatory filing. For the quarter ended December 31, 2019, stake of ZEEL in Aplab had fallen to 9.50 per cent to 4.75 lakh shares. "We hereby inform you that a meeting of the Board of Directors of the Company will be held on Thursday, March 26, 2020 to approve the reclassification process of ZEEL from Promoter Category to Public Category and other matters," it said. Presently, 'Promoter & Promoter Group' hold 58.97 per cent stake in Aplab. Earlier, ZEEL held 13.21 lakh shares, comprising 26.42 per cent of the paid up capital of Aplab. ZEEL had acquired these share in 2013.
Punit Goenka, managing director and chief executive officer of ZEEL, will continue in his role, even as his remuneration is being reviewed by the board
For Asian Paints keep a stop at Rs 802 and go short
As the big boys of media push for consolidation, scale is emerging as the killer app