Page 4 - Zee Group

Subhash Chandra, ZEEL MD & CEO move SAT to challenge Sebi's order

Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka have moved the Securities Appellate Tribunal challenging the Sebi interim order that barred them from holding the position of a director or key managerial personnel in any listed company, sources said. Market regulator Sebi took action against Chandra and Goenka for allegedly siphoning off funds of Zee Entertainment Enterprises Ltd (ZEEL). They have challenged the Sebi order at Securities Appellate Tribunal (SAT) and the hearing is slated for Thursday (June 15), sources in the know of the development said. As per their plea, there was no show cause notice issued to them and the principles of natural justice were not followed, the sources added. Comments from ZEEL could not be obtained as an e-mailed query remained unanswered. In its interim order, Sebi noted that Chandra and Goenka alienated the assets of ZEEL and other listed companies of Essel Group for the benefit of associate ...

SAT to take up Zee Ent promoter plea against Sebi order on June 15

'Principles of natural justice' not followed, say legal representatives

Sony aims to expand creations rooted in Indian culture via merger with Zee

Japanese conglomerate Sony Group Corporation aims to expand creations rooted in local culture in India through the expected merger of its arm Sony Pictures Networks India with Zee Entertainment Enterprises Ltd, its Chairman and CEO Kenichiro Yoshida said on Thursday. The group, which is present in India through electronics, music, media and entertainment, expects to close the merger with Zee Entertainment Enterprises Ltd (ZEEL) within the first half of fiscal year, he said while speaking at Sony Corporate Strategy Meeting 2023 in Tokyo. Under the long-term vision of expanding the number of people directly connected to the Sony Group to 1 billion people, Yoshida said, "I would like for us to continue delivering Kando (Japanese word for emotion) in specific areas such as anime, games, and in India, and make use of them in our creations." He asserted that Sony has been working to spread 'Kando' in India since the 1980s with Sony India, which leads the electronics business, "providing .

Sebi's Shirpur Gold Refinery order raised before NCLT, may bite Goenkas

Bourses NSE, BSE brought up the issue during Zee-Sony merger hearing

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

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 insolvency: NCLAT to hear Punit Goenka's appeal today

Goenka had appealed the NCLT's decision to allow IndusInd Bank to file for insolvency proceedings against Zee

CCI gives conditional nod to Zee-Sony merger, formal order awaited

Sony and Zee confirm development, say awaiting remaining regulatory approvals

Zee Media moves Delhi High Court against I&B Ministry on Ku-Band issue

I&B Ministry had asked Zee Media to remove its ten regional news channels from the Ku-Band (a form of satellite frequency) on the GSAT-15 Satellite, that was making these accessible on DD Freedish

Zee is in talks with CCI to get approval for merger with Sony Entertainment

As per the BARC data for the ongoing financial year (2023), the merged entity has 36 per cent TV viewership market share in the Hindi GEC segment, and 33 per cent in the Hindi movies channels.

ICC media rights: Winner for 2023-31 cycle to be announced on Saturday

Broadcasters Disney-Star, Sony, Zee and Viacom18 have submitted their bids, it is reliably learnt, after protesting about the lack of transparency in a closed-loop exercise

Zee-Sony merger gets BSE, NSE nod after agreement signed last December

Merged entity to retain Zee's stock market listing, though Sony would provide large cash injection and hold 51% stake

Zee News' Rohit Ranjan detained for airing misleading video of Rahul Gandhi

Zee News TV anchor Rohit Ranjan was detained on Tuesday from his home near Delhi after the channel reportedly broadcast a misleading video of Congress leader Rahul Gandhi

IPL media rights auction: Companies pad up for big cricket battle today

Telecast ownership is worth nearly Rs 60,000 crore: compared to the Rs 16,347.50 crore Disney-Star paid in 2017 for the 2018-22 period.

Stocks to Watch: Adani Ports, Strides, Metropolis, RITES, Zee, Balrampur

Stocks to Watch Today: Sugar and FMCG stocks likely to be in focus as govt limits sugar exports and exempts customs duty on agri cess. Apollo Hospitals, Bata, Coal India and Nalco to report results.

Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon

The counter saw trades of around 124 million shares in the first couple of minutes of trade

Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal

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.

Sebi lifts restrictions on 10 entities in Zee Ent insider trading case

Markets regulator Sebi on Friday lifted restrictions imposed on ten entities, including individuals, in a matter pertaining to alleged insider trading in the scrip of Zee Entertainment Enterprises Ltd

Tata's Air India win to Zee-Sony deal: 2021, year that was for businesses

After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it

After mega media deal, how will Zee-Sony partnership unfold?

Zee Entertainment and Sony Pictures have finalised their merger after 90 days of negotiations. This deal is likely to change the country's entertainment landscape. Find out how the future will unfold