Zee entertainment

ZEE launches technology, innovation centre in Bengaluru

The 80,000 sq ft centre will be the company's epicentre to build a strong cohort of tech, data and talent.

published on : 14th May 2022

Invesco to pare down Zee exposure by 7.8 per cent

US-based investment firm Invesco has decided to pare down its stake in Zee entertainment by up to 7.8% after it announced a share sale plan on Wednesday.

published on : 7th April 2022

Zee Entertainment shares rally nearly 17 per cent; mcap jumps Rs 4,139.83 crore 

The stock jumped 16.83 per cent to settle at Rs 299.15 on BSE. On NSE, it rallied 16.89 per cent to close at Rs 299.30.

published on : 24th March 2022

Zee stock hits upper circuit as Invesco not to pursue EGM

Invesco said that it retains the right to requisition a fresh EGM if the merger is not completed as proposed. 

published on : 24th March 2022

ZEE Entertainment moves application in NCLT for dismissal of IndusInd Bank's insolvency plea 

IndusInd Bank had moved to National Company Law Tribunal claiming default of Rs 83.08 crore against the media & entertainment firm.

published on : 23rd February 2022

After the Zee-Sony merger, entertainment is a 3-cornered fight

The takeover of Zee and the emergence of a unified programming of over 100 channels, with combined revenues of over USD 2 billion will be a game changer.

published on : 26th December 2021

Sony, Zee finalise India merger despite Invesco spat

Analysts say the Sony-Zee arrangement could create the country's second-biggest entertainment network, rivalling market leaders Disney.

published on : 22nd December 2021

Zee Entertainment, Sony Pictures Networks India sign definitive agreements for merger

The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence.

published on : 22nd December 2021

Traders pile up hefty bets on Zee counter

A total of 4.68 crore shares were traded on Tuesday against the three-month daily average of 2.84 crore, NSE cash market data shows.

published on : 22nd December 2021

Zee battles to stave off a proxy takeover

Counsel for ZEEL, Gopal Subramaniam, told the court Invesco was attempting to run a profitable company to the ground.

published on : 31st October 2021

Zee gets HC relief; no extra-ordinary general meeting for now

In a strongly worded judgement in favour of Zee, the High Court said that sometimes a company must be saved from its own shareholders, however well-intentioned.

published on : 27th October 2021

Bombay High Court reserves order on ZEEL's plea against EGM as requested by Invesco

A single bench of the high court presided over by Justice GS Patel had asked the media company if it was willing to hold such a meeting.

published on : 22nd October 2021

ZEE CMD Punit Goenka says will continue to take steps to safeguard company, its future

'Why didn't Invesco make its plans public earlier? Does good corporate governance only apply to corporates and not their institutional investors?,' Goenka said in a statement.

published on : 14th October 2021

Reliance Industries reveals proposal to merge media arm with Zee Entertainment, not interested now

It also clarified that differences arose between ZEEL MD Punit Goenka and Invesco over the founders' bid to raise stake by subscribing to preferential warrants.

published on : 14th October 2021

Invesco says tried to facilitate deal between ZEEL, Reliance

The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential transaction and nothing more.

published on : 13th October 2021
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