Merger synergies, traction in OTT, and margins key for gains in medium term
Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive
The firm had reported net profit of Rs 94 crore in the same period a year ago
Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price
Aggressive, no-holds-barred shareholder activism has met with plenty of cultural resistance in Asia
The 70-year-old tycoon, known for his distinctive black-and-silver hairstyle, risks losing control of his media empire
The fight between Zee and Invesco is showing no signs of abating. The two parties have dragged each other to court. And, in a new twist, Reliance Industries has also been drawn to the scene
What led to the Zee -Invesco rift and what's the RIL angle? How does CEO Thierry Delaporte view the high attrition level at Wipro? What are PLI schemes and how do they work? Get all answers here
NCLAT completed the hearing on a petition filed by Zee Entertainment Enterprises Ltd seeking more time to reply to Invesco's demand for convening a shareholders' meeting.
Bankers say the options before Invesco are to sell its shares to any other rival TV network company and let the incoming shareholder make a counter-offer to the Zee-Sony transaction
Business Standard brings you the top stories from today
Zee Entertainment CEO Punit Goenka kept smiling even when investors sought his removal from the board of a company founded by his father Subhash Chandra. Let's look at how he is 'different'
Chandra family to hold 4% stake in merged firm, with option to increase it to 20%
As part of the transaction, Punit Goenka will continue to be the managing director and chief executive officer (CEO) of the merged entity
Shares of NDTV were locked in the 10 per cent upper circuit band for the third straight day, at Rs 96.35 today, amid rumours of buyout by Adani Group.
Zee Learn stock is anticipated to gain over 50 per cent to Rs 30 once it manages to conquer Rs 20-level with strong volumes
Regulator's alert system detected a suspicious trading pattern in the scrip around the announcement of financial results for Q1FY20 declared post trading hours on August 18, 2020
About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid, he says
The post-pandemic list tells just one story - that of utter devastation