Essel Group

The remaining 50% of the equity shares will continue to be held by the government of Rajasthan

Adoption of FY21 and FY22 financial statements and new statutory auditors not accepted at AGM

The DTH market has been facing major challenges as the market evolves steadily. Linear television is making way for digital services, forcing players to reinvent quickly.

A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal

YES Bank has over 440 million shares (or around 25 per cent) in the direct-to-home company and has been seeking a change in management for some time now

Essel Group chairman Subhash Chandra is currently a Rajya Sabha member from Haryana and his term is going to expire on August 1

SITI Networks has received a notice issued by the Mumbai bench of the National Company Law Tribunal over the petition filed by HDFCL, the Essel group firm said in a regulatory filing on Thursday

Family's settlement offer is in Yes Bank's court, says Zee founder

Group promoter entities that have appealed against the transfer of pledged shares in lenders' names

Zee had said it was unwilling to hold an extraordinary general meeting of shareholders as requested by Invesco, its largest shareholder.

YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel

The Moving Average Convergence Divergence (MACD) has crossed the zero line almost after 2 years in Zee Learn stock

About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid, he says

Subhash Chandra says committed to release pledge; won't happen at lower price

Their total dues and debt in the firm will now go up to Rs 2,500 crore, leaving them with no option but to raise liquidity, according to sources

The Zee Group has exited its fledgeling cruise business and sold the cruise line brand Jalesh Cruises to Waterways Leisure for an undisclosed sum. Zee was running the business under Zen Cruises, which in fact was the India's general sales agent for Jalesh Cruises of Mauritius, according to a statement. Like hotels, airlines and cinemas, cruise shipping has also been shut since the coronavirus pandemic hit the world early February. On top of that, the Zee group has been facing liquidity problems at some of the group entities. Waterways Leisure is part of the US-based NRI Sant Chatwal-promoted Dreams Hotel Group. The deal also includes the sale of Jalesh's entire digital interface and technology backend, the software developed for customer acquisition, and the database of customers, travel agents and partner network. Waterways has also hired existing executives and employees of Zen and Jurgen Bailom will continue as the president & chief executive. Vijay Kher, country head of Drea

Through a major restructuring, the group has been able to pay off over Rs 11,500 crore, albeit at a high cost.

The JV company has completed this transfer of the assets at an enterprise valuation of Rs 1,632 crore

Essel group firms -- Cyquator Media, Direct Media and Khoobsurat Infra -- had appealed to the division bench after the single-bench of Delhi HC had declined any relief

YES Bank has Rs 8,000-crore exposure to Essel Group