A failure to reach an agreement on leadership by December 21 may derail the merger, a news report said.
With this, Goenka can now be appointed as the Managing Director (MD) of the merged entity
The Zee Ent promoter has been barred holding key positions in four group firms and merged entity
With JC Flowers ARC's 24.19% stake in the company, Chandra's total holding in the satellite TV operator will rise to 28.2%, if the transaction goes forth
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Tribunal will soon pronounce if the bar on Chandra & Goenka from holding key positions can be lifted
Catch all the latest updates from across the globe here
CEO Yoshida said that India has become the most populous country in the world and this has created innumerable opportunities for growth and this is especially true for the entertainment industry
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
The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)
Stocks to Watch Today: Shares of oil producers and marketing companies are likely to be in focus following the steep production cut by OPEC+.
In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.
Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.
The Bombay High Court allowed an appeal by the largest shareholder of Zee Entertainment against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka
Smallcaps, sugar stocks and shares of recently listed companies like Paytm, SJS Enterprises, Fino Payments Bank and PolicyBazaar were in demand
The BSE m-cap stood at Rs 272.8 trillion by close
IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings
Analysts positive on institutional shareholders Invesco, OFI Global's call for removal of Goenka as director
His journey from an 18-year-old who turned around family's food grain processing business to becoming head of an eclectic Rs 30,000 crore (pre-crisis) empire is now part of corporate legend in India
Emkay Global believes multiple re-rating of the stock will happen along with the changes in Q1 and consistency in balance sheet improvement