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  • Zee-Invesco row | Have not taken any call yet: LIC Chairman MR Kumar Nov 02, 2021 02:22 PM IST

    Zee-Invesco row | Have not taken any call yet: LIC Chairman MR Kumar

    Zee has received an injunction order against calling extra ordinary general meeting (EGM) from the Bombay High Court on October 26. The company had also cancelled its board meeting for October 27.

  • Zee Entertainment: Should investors worry as high-decibel dispute drags on? Oct 14, 2021 10:33 AM IST

    Zee Entertainment: Should investors worry as high-decibel dispute drags on?

    Failed merger transaction reaffirms ZEEL’s value in Indian media and entertainment space

  • In Zee saga, shareholders are reduced to bit players Oct 14, 2021 07:50 AM IST

    In Zee saga, shareholders are reduced to bit players

    This strange battle for control is increasingly taking on the curious narrative of pitting the company’s management against its own shareholders

  • Bombay HC to hear Zee entertainment-Invesco case on October 21 Oct 13, 2021 12:55 PM IST

    Bombay HC to hear Zee entertainment-Invesco case on October 21

    The court has asked the company's largest shareholders Invesco and OFI Global China Fund to file affidavit by October 20.

  • Zee's Punit Goenka negotiated potential deal with Reliance, not us, fires back Invesco Oct 13, 2021 09:40 AM IST

    Zee's Punit Goenka negotiated potential deal with Reliance, not us, fires back Invesco

    Zee's 12 October release is tactic to delay AGM. Why will the largest shareholder negotiate a deal detrimental to Zee, asks Invesco

  • Zee vs Invesco: NCLAT to pass order later in the day Oct 07, 2021 03:38 PM IST

    Zee vs Invesco: NCLAT to pass order later in the day

    On October 6, Zee had approached National Company Law Appellate Tribunal seeking more time to file a reply. The matter was heard by the appellate tribunal on October 7.

  • Zee-Invesco case: NCLAT reserves order, will pass it later in the day Oct 07, 2021 01:21 PM IST

    Zee-Invesco case: NCLAT reserves order, will pass it later in the day

    Zee approached the appellate tribunal on Wednesday in a bid to stay the National Company Law Tribunal (NCLT) order that sought its reply by Thursday on a plea moved by shareholder Invesco Developing Market Funds.

  • Goenka-Invesco tussle: Both need a crucial bargaining chip belonging to the other Oct 04, 2021 01:04 PM IST

    Goenka-Invesco tussle: Both need a crucial bargaining chip belonging to the other

    The Zee-Invesco episode seems destined to be decided in the courts as a conflict of interest between the promoters and a large shareholder plays out

  • Explained | The way ahead in the ZEE-Invesco case Oct 04, 2021 08:21 AM IST

    Explained | The way ahead in the ZEE-Invesco case

    Invesco’s notice is disruptive and does not offer a clue as to what next. The ZEE-Sony merger plan gives a roadmap promises financial stability and infusion of funds

  • Zee moves Bombay High Court against Invesco, wants EGM demand declared illegal Oct 02, 2021 02:59 PM IST

    Zee moves Bombay High Court against Invesco, wants EGM demand declared illegal

    The move comes a day after the company's board rejected Invesco and OFI Global China Fund LLC 's demand for EGM, saying it 'suffered from multiple legal infirmities'

  • Invesco says Zee’s failure to take steps within its notice period to call an EGM led to legal action: Read response here Sep 29, 2021 11:04 PM IST

    Invesco says Zee’s failure to take steps within its notice period to call an EGM led to legal action: Read response here

    Invesco has moved NCLT against Zee for its failure to hold an EGM to reconstitute board. Experts suggest Zee still has a few days to comply with EGM rules. Invesco responded to Moneycontrol’s query for taking legal action, following is the full response.

  • Invesco's purpose unclear, say proxy advisory firms on US Fund moving NCLT against Zee Sep 29, 2021 09:56 PM IST

    Invesco's purpose unclear, say proxy advisory firms on US Fund moving NCLT against Zee

    As per rules, the ZEEL board has time up to October 2 to call for an EGM, as requisitioned by Invesco and another 21 days to hold it. EGM has to be called within 45 days with a 21-day notice period. So, the company can push it to a maximum period of 24 days from receipt of investor request.

  • Will take necessary action as per applicable law: Zee on board reshuffle demand Sep 28, 2021 08:50 AM IST

    Will take necessary action as per applicable law: Zee on board reshuffle demand

    Two investment firms — Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, which together hold 17.88 per cent stake in ZEEL — had earlier this month sought an extraordinary general meeting to remove Goenka and two independent directors Manish Chokhani and Ashok Kurien.

  • Yes Bank-Dish TV scuffle to ouster MD and independent directors: All you need to know Sep 24, 2021 10:46 AM IST

    Yes Bank-Dish TV scuffle to ouster MD and independent directors: All you need to know

    Dish TV said for any change in the CEO or the board of directors of the company, it needs the approval of the Ministry of Information and Broadcasting.

  • Zee Entertainment: More upside after the sharp rally? Sep 23, 2021 10:00 AM IST

    Zee Entertainment: More upside after the sharp rally?

    Zee Entertainment is the original pioneer of India's cable TV business and its merger with Sony would create the biggest entity in the broadcasting space

  • Zee: Does Invesco’s EGM demand lose sheen with proposed Sony merger? Sep 22, 2021 05:09 PM IST

    Zee: Does Invesco’s EGM demand lose sheen with proposed Sony merger?

    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.

  • Zee-Sony merger: Shareholder wanted a Taarak Mehta-like show on Zee, here's how Punit Goenka reacted Sep 22, 2021 12:07 PM IST

    Zee-Sony merger: Shareholder wanted a Taarak Mehta-like show on Zee, here's how Punit Goenka reacted

    Following the proposed merger, SPNI shareholders will hold a 52.93 percent stake in the combined entity and Zee shareholders will own a 47.07 percent stake.

  • Zee-Sony merger includes $1.57 billion fund infusion in Zee Sep 22, 2021 10:28 AM IST

    Zee-Sony merger includes $1.57 billion fund infusion in Zee

    This merger will require shareholder approval for the deal to go through.

  • Zee-Sony merger to create largest entertainment network in India with 26% viewership share Sep 22, 2021 10:13 AM IST

    Zee-Sony merger to create largest entertainment network in India with 26% viewership share

    Zee has a presence in over 173 countries and reaches over 600 million individuals in India every week, while Sony reaches out to over 700 million viewers in India and is available in 167 countries.

  • Zee-Sony Pictures deal takes care of all stakeholders: Sources Sep 22, 2021 09:38 AM IST

    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.

  • Merger with Zee will bring together strongest leadership teams in media business: Sony Pictures Sep 22, 2021 09:31 AM IST

    Merger with Zee will bring together strongest leadership teams in media business: Sony Pictures

    Sony Pictures is committed to investing in India and would hold a majority stake in the merged company, said Ravi Ahuja.

  • Zee Entertainment approves in-principle merger with Sony Pictures India Sep 22, 2021 07:54 AM IST

    Zee Entertainment approves in-principle merger with Sony Pictures India

    Sony Pictures will hold a majority stake in the proposed merged entity, which will be headed by Zee’s Punit Goenka

  • Exclusive | Zee Entertainment: Essel Group may rely on white knight, shareholder votes to combat Invesco Sep 15, 2021 02:21 PM IST

    Exclusive | Zee Entertainment: Essel Group may rely on white knight, shareholder votes to combat Invesco

    Invesco’s demand for an EGM for the removal of Punit Goenka as a Director at Zee Entertainment and re-constitution of the board is likely to open a war between the activist investor and promoter Essel Group. Here’s a look at Essel Group’s possible strategy in this Game Of Thrones.

  • How Zee’s success became a generator of its failures Sep 15, 2021 02:08 PM IST

    How Zee’s success became a generator of its failures

    The media and entertainment business house saw infrastructure and unrelated ventures burden it with debt

  • Before Zee, these companies’ shareholders ousted promoters Sep 15, 2021 10:15 AM IST

    Before Zee, these companies’ shareholders ousted promoters

    Shareholders of Zee have called in for a special meeting seeking removal of MD Punit Goenka along with two other directors from the board. This isn’t the first time when shareholders of a certain company have shown exit door to the promoters. Watch the video to find out about such companies.

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