Essel Group Zee Entertainment

The opening of the issuance of FCCBs is Tuesday, and the conversion price of Rs 160.20 per equity share includes an equity premium of Rs 159.20 a share

In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it

The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)

Stocks to Watch Today: Shares of oil producers and marketing companies are likely to be in focus following the steep production cut by OPEC+.

In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.

Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.

The Bombay High Court allowed an appeal by the largest shareholder of Zee Entertainment against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka

Smallcaps, sugar stocks and shares of recently listed companies like Paytm, SJS Enterprises, Fino Payments Bank and PolicyBazaar were in demand

The BSE m-cap stood at Rs 272.8 trillion by close

IT stocks will be in focus this morning, as market participants react to Infosys, Wipro and MindTree numbers. Thereafter, the focus will shift to HCL Technologies earnings

Analysts positive on institutional shareholders Invesco, OFI Global's call for removal of Goenka as director

His journey from an 18-year-old who turned around family's food grain processing business to becoming head of an eclectic Rs 30,000 crore (pre-crisis) empire is now part of corporate legend in India

Emkay Global believes multiple re-rating of the stock will happen along with the changes in Q1 and consistency in balance sheet improvement

Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.

According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.

Analysts say the group is now largely left with cash guzzlers like Dish TV, Zee Media, Siti Networks, Shirpur Gold, and Essel Infraprojects

From RBI keeping rate cut unchanged, tough road for Subhash Chandra's Essel to Saudi Aramco raising $25.6 bn in largest-ever IPO, Business Standard brings you the top headlines of the day.

The litmus test for Goenka would be to take the financial investors, who've backed Zee, along with him even as he strives to weather the latest storm

The company's board has accepted the resignation, ZEEL said in a regulatory filing

The downgrade in the rating inter alia factors the deteriorating financial flexibility of the group marked by an increased pledge of promoter holding and continuous volatility in share price movement