Oct 13, 2021 12:55 PM IST
The court has asked the company's largest shareholders Invesco and OFI Global China Fund to file affidavit by October 20.
- Oct 11, 2021 04:09 PM IST
"The depth of talent within Zee gives us conviction that if the company were properly managed, it has the potential for tremendous growth and success," said Invesco's Justin Leverenz, Chief Investment Officer, Developing Markets Equities.
- Sep 25, 2021 10:50 PM IST
The demands of Invesco in the EGM are in contrast to the terms of the Zee-Sony non-binding merger announcement which leaves Punit Goenka in charge as MD & CEO.
- Sep 24, 2021 09:13 PM IST
Madison World Chairman Sam Balsara on his outlook for the festive quarter. Plus, his views on the week’s mega merger.
- Sep 23, 2021 09:00 PM IST
The Sony-Zee alliance, with about 75 news, entertainment, sports and movie channels in more than 10 languages, stands to become India's biggest player, with a market share of 27% outstripping that of Disney's Star India, at 24%.
- Sep 22, 2021 08:18 PM IST
Punit Goenka noted that while the deal is subject to due diligence and the necessary documentation that needs to take place, beyond that he doesn't see any risk in the transaction.
- Sep 22, 2021 06:24 PM IST
The group, promoter of ZEE Entertainment, to hold 4% in the merged company between Sony and Zee. Sony will transfer 2% stake to Essel Group post dilution due to merger as part of non-compete agreement between the companies, MD & CEO of Zee Entertainment Punit Goenka said.
- Sep 22, 2021 05:14 PM IST
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.
- Sep 22, 2021 05:09 PM IST
Now that a white knight has come to the rescue of Zee MD & CEO Punit Goenka from investors who sought his removal from the board, the company’s shareholders may get influenced by the announcement of a proposed merger with Sony to make a media behemoth.