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Zeel News

IPRS files insolvency case against ZEEL, details here
Business

IPRS files insolvency case against ZEEL, details here

IDBI Bank had also filed an application which sought initiation of the insolvency proceedings against ZEEL in December last year

The Sound of Music, Hairspray, Peter Pan and Billy Elliot  musicals making way to Indian television
Entertainment

The Sound of Music, Hairspray, Peter Pan and Billy Elliot musicals making way to Indian television

In conversation with Shailja Kejriwal, Chief Creative Officer - Special Projects, ZEEL on bringing the musicals The Sound of Music, Hairspray Live, Peter Pan Live and Billy Elliot to Indian television

Bidding for IPL TV, digital rights for 2023-2027 cycle goes past Rs 42,000 crore
Sports

Bidding for IPL TV, digital rights for 2023-2027 cycle goes past Rs 42,000 crore

This year, global giants like Zee Entertainment Enterprises Limited (ZEEL), Reliance-Viacom 18, Disney Star Network and Sony Network are in the fray to grab the rights to the event

Zee Entertainment approves merger with Sony Pictures Networks India: all you need to know
Business

Zee Entertainment approves merger with Sony Pictures Networks India: all you need to know

According to news reports, Punit Goenka would head the new venture as its CEO and Managing Director.

Subhash Chandra to take role of chairman emeritus at Zee Entertainment; R Gopalan appointed new chairman
India

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

Two former directors of Zee Entertainment flagged issues; company says matter discussed, acted upon
Business

Two former directors of Zee Entertainment flagged issues; company says matter discussed, acted upon

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
Business

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

Subhash Chandra resigns as chairman of Zee Entertainment Enterprises with immediate effect
Business

Subhash Chandra resigns as chairman of Zee Entertainment Enterprises with immediate effect

Zee Entertainment Enterprises Ltd (ZEEL) on Monday said its promoter Subhash Chandra has resigned as chairman of the company's board, with immediate effect

Subhash Chandra retains control of ZEE despite founder's stake in company reduced to 5%
Business

Subhash Chandra retains control of ZEE despite founder's stake in company reduced to 5%

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.

Essel Group suffers setback as SEBI chief Ajay Tyagi questions extension given by lenders for debt repayment
Business

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
Business

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.

Zee Entertainment continues to fall for straight sixth day, plunges nearly 10% to five-year low
Business

Zee Entertainment continues to fall for straight sixth day, plunges nearly 10% to five-year low

The shares of Zee Entertainment fell 22 percent in six days from Rs 350 on 13 September to Rs 272 on Monday.

Essel group completes first tranche of stake sale in ZEEL, will divest more to meet MF commitments
Business

Essel group completes first tranche of stake sale in ZEEL, will divest more to meet MF commitments

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

Zee Entertainment shares plummet 10% amid concerns over stake sale by promoters
Business

Zee Entertainment shares plummet 10% amid concerns over stake sale by promoters

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

No concerns over financial statements for FY19, board to consider results on 27 May: Zee Entertainment
Business

No concerns over financial statements for FY19, board to consider results on 27 May: Zee Entertainment

Zee said it has been informed that "there are certain rumours floating in the market raising concerns about the audit of the financial statements of the company

Essel Group promoters open to selling over 50% of their stake in Zee Entertainment, in talks with over 2 buyers
Business

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

ZEEL launches country's first interactive movie channel
News & Analysis

ZEEL launches country's first interactive movie channel

Zee Entertainment Enterprises Ltd (ZEEL) Thursday announced the launch of '& Pictures', the country's first interactive Hindi movie channel, going on air Aug 18...