BUSINESS
ZEEL-Sony deal: Non-binding nature, new Sebi regulations reason for Invesco pressing for EGM
Another reason, and a more important one, is to evaluate other potential suitors for ZEEL, which can be done independently only by a new board. There are other strategic investors who may be interested in buying the company without the Subhash Chandra family in the equation.
BUSINESS
Rakesh Jhunjhunwala makes Rs 62 crore in just nine trading sessions
With governance issues over, and with a stronger competitive position in the broadcasting space, a good movie distribution business, and a finger in the high-growth OTT pie, Zee now has a long runway ahead for growth
BUSINESS
Why the Zee-Sony deal is a win-win for all
With governance issues over, and with a stronger competitive position in the broadcasting space, a good movie distribution business, and a finger in the high-growth OTT pie, Zee now has a long runway ahead for growth.
BUSINESS
Zee-Sony Pictures deal takes care of all stakeholders: Sources
The announcement comes a week after Zee Entertainment saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka.
BUSINESS
Evergrande is part of a deliberate move by China: Devina Mehra of First Global
“The Chinese government wants to let a few businesses fail to rein in a bigger problem ... The situation is similar to a controlled detonation. For all practical purposes, a default of Evergrande has already been priced in,” says the co-founder of the brokerage.
