Subhash Chandra to take role of chairman emeritus at Zee Entertainment; R Gopalan appointed new chairman
Zee Entertainment Enterprises Ltd on Tuesday posted a consolidated net profit of Rs 29 crore for the quarter ended June, down 95 percent from Rs 530 crore in Q1 FY20
Yes Bank crisis: ED summons Subhash Chandra, Naresh Goyal, Sameer Gehlaut, other top corporate honchos for questioning this week
The Enforcement Directorate (ED) has summoned top corporate honchos, including Essel Group promoter Subhash Chandra, Jet Airways founder Naresh Goyal and Indiabulls chairman Sameer Gehlaut, to appear before it this week in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday
Two former directors of Zee Entertainment - Subodh Kumar and Neharika Vohra - who resigned from its board, had raised concerns over several issues, including Rs 2,200 crore film advance given in 2018-19, according to a regulatory filing by the firm
Zee Entertainment shares down over 7% after Subhash Chandra's resignation; m-cap declines by Rs 2,300 cr
Shares of Zee Entertainment Enterprises on Tuesday plunged over 7 percent after Subhash Chandra resigned as chairman of his flagship company
Zee Entertainment Enterprises Ltd (ZEEL) on Monday said its promoter Subhash Chandra has resigned as chairman of the company's board, with immediate effect
On Thursday, shares of ZEEL zoomed over 12% after Essel Group said it is planning to sell 16.5% stake in its flagship firm to meet its loan repayment obligations.
Shares of Zee Entertainment Enterprises on Thursday zoomed 18.5 percent after Essel Group said it is planning to sell 16.5 percent stake in its flagship firm to meet its loan repayment obligations
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Amid liquidity crunch, DNA downs shutter on its print edition, to go fully digital; cites changing reader preference
Amidst the liquidity crunch the parent Zee Group faces and staggered closure, it's print venture, the Daily News & Analysis (DNA) on Wednesday said it is stopping print edition from Thursday and will go digital, citing changing reader preferences
Essel Group suffers setback as SEBI chief Ajay Tyagi questions extension given by lenders for debt repayment
The fund houses had an outstanding of over Rs 11,000 crore from Essel Group and had done the unprecedented in granting it more time to repay the debts.
Mutual fund houses grant more time to Essel Group for loan repayment; company makes some part payments to creditors
The fund houses had an outstanding of over Rs 11,000 crore from Essel Group and had done the unprecedented in granting it more time to repay even in the face of massive corrections in the share prices of ZEEL.
The shares of Zee Entertainment fell 22 percent in six days from Rs 350 on 13 September to Rs 272 on Monday.
Subhash Chandra-led Essel Group on Tuesday said it has part-completed its promoter stake sale in flagship Zee Entertainment Enterprises, and is working on more divestments to pay off the Rs 13,000 crore owed to lenders
US fund Invesco pays 10% premium to pick 11% more in Zee for Rs 4,224 cr; group to lower debt to Rs 7,000 cr
The price being paid by Invesco, which is a financial investor already holding 7.74 percent in Zee for long, is around Rs 400 a share,
Zee Entertainment Enterprises shares tumbled 9.72 percent to close at Rs 333.30 on the BSE. During the day, it dived 12.66 percent to Rs 322.45
Essel Group promoters open to selling over 50% of their stake in Zee Entertainment, in talks with over 2 buyers
As on 31 December, 2018, promoters held 41.62 percent stake in ZEEL Entertainment Enterprises Ltd
Zee, DHFL, IL&FS crises exemplify poor corporate governance; 'big worry' for investors: Franklin Templeton
Franklin Templeton Investments India, which is the largest foreign fund house operating in the country, Tuesday said recent corporate events exposing the follies in governance are a "big worry" for investors
Aditya Birla Sun Life MF’s debt exposure in the form of loans against Zee group shares was to the tune of about Rs 2,700 crore
Zee Entertainment stake sale process to be completed before April deadline; in talks with US firms: CEO Punit Goenka
Goenka, in an interview, said that the controversy at parent Essel Group has in no way affected Zee's stake sale
The consent was achieved during the second round of a detailed meeting between Essel Group Promoters and lending entities, the group said in a statement.