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The bench consisting of Justice Hrishikesh Roy said they found no infirmity with the Bombay High Court order of August 14, which had dismissed Goenka's plea
Zee said it will use the funds to "enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape"
Meanwhile,Essel Group said the search conducted by the ED was related to an enquiry regarding Religare Group
Hathway Digital and IndusInd Media & Communications did not wish to comment on the development
Dish TV India, a direct-to-home broadcaster, is facing intense competition from OTTs and cable TV
Chandra will also get back three properties, one of which is a bungalow in central Delhi
Tribunal asks markets regulator to file reply within 48 hour, posts matter for June 19
'Principles of natural justice' not followed, say legal representatives
The regulator has directed them to not dilute or sell their holdings in the company
Capital markets regulator Sebi on Tuesday issued interim order-cum-show-cause notices against Shirpur Gold Refinery, its erstwhile chairman Amit Goenka, promoter Jayneer Infrapower and Multiventures, and five others for allegedly siphoning off funds from the company and violating other rules. Shirpur is a part of the Subhash Chandra Goenka led-Essel Group and has been taken to NCLT under IBC by its lenders. Amit Goenka was non-executive chairman and director of Shirpur till 2021-22. The interim order has been passed against Shirpur Gold Refinery Ltd (SGRL), its promoter Jayneer Infrapower and Multiventures, and six individuals -- Amit Goenka (chairman), its directors Mukund Galgali, Vipin Choudhary, Dineshkumar Kanodia, and its CFOs Shravan Kumar Shah and Ashok Sanghvi. The family members of Subhash Chandra, including his son Amit Goenka, are the shareholders in Jayneer, as per Sebi. In its order, Sebi directed Goenka, Galgali, Choudhary, Kanodia, Shah, Sanghvi and Jayneer not to s
The remaining 50% of the equity shares will continue to be held by the government of Rajasthan
Adoption of FY21 and FY22 financial statements and new statutory auditors not accepted at AGM
The DTH market has been facing major challenges as the market evolves steadily. Linear television is making way for digital services, forcing players to reinvent quickly.
A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal
YES Bank has over 440 million shares (or around 25 per cent) in the direct-to-home company and has been seeking a change in management for some time now
Essel Group chairman Subhash Chandra is currently a Rajya Sabha member from Haryana and his term is going to expire on August 1
SITI Networks has received a notice issued by the Mumbai bench of the National Company Law Tribunal over the petition filed by HDFCL, the Essel group firm said in a regulatory filing on Thursday
Family's settlement offer is in Yes Bank's court, says Zee founder
Group promoter entities that have appealed against the transfer of pledged shares in lenders' names
Zee had said it was unwilling to hold an extraordinary general meeting of shareholders as requested by Invesco, its largest shareholder.