merger
The lender has said that the approval for the merger is a “contravention" of a regulatory order against Punit Goenka
e4m Staff Sep 18, 2023 9:05 AM
Axis Finance is one of the lenders or creditors of Zee Entertainment Enterprises Limited (ZEEL) whose objections were dismissed by NCLT on August 10
e4m Staff Sep 14, 2023 4:42 PM
ZEE and Sony together are expected to secure an audience of over 700 million in the TV and digital verticals, enhancing their market presence and share in advertising
Aditi Gupta Aug 11, 2023 8:36 AM
The court reportedly said the merger should not be held to ransom by the case pending with the Securities and Exchange Board of India
The tribunal reserved its order on July 10 after the arguments were concluded by all parties
This will be in terms of market share, according to an Elara Capital report
Subhash Chandra and Punit Goenka mulling over moving the SC against SAT’s dismissal of their appeal against Sebi
Post NCLT approval, the process shall take 2.5-3.5 months, states a report from Dolat Capital
ZEEL has informed the court that the scheme of arrangement between ZEEL and Sony has been approved by 99.9% shareholders
NCLAT posited that Zee should have been heard by NCLT before directing both the exchanges to review the NOC, adding that there was no occasion for Zee to respond to concerns raised
The report also claims there is a possibility that the BCCI may not sell the rights for four years but instead for a different tenure
The MD & CEO of ZEE Entertainment Enterprises Ltd, Goenka, who controls one of the largest media empires of India, is an industry leader who focuses on value creation for shareholders
The exchanges have been asked to issue no-objection certificates before the next hearing on June 16
While Danish Khan will serve as Business Head for Sony LIV and Studio NEXT, Neeraj Vyas will oversee SPNI's Hindi language entertainment as Business Head for SET, SAB, PAL, and Hindi Movies
e4m Desk May 15, 2023 11:30 AM
The broadcaster has reportedly offered to repay the Rs 1.49 billion loan to IDBI Bank in tranches
The existing shareholders of Haldiram Snacks and Haldiram Foods have acquired a 56% and a 44% stake, respectively, in the new company Haldiram Snacks Food
Dr. Annurag Batra explains how an insolvency plea is being used to derail the Zee-Sony merger
Annurag Batra Mar 6, 2023 9:03 AM
