Essel Group Zee Entertainment
Zee Entertainment Enterprises to raise $239 million through FCCB
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
 "Zee Entertainment Enterprises to raise $239 million through FCCB")
Zee Entertainment calls report of $10 million repayment 'speculative'
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
 "Zee Entertainment calls report of $10 million repayment 'speculative'")
Zee Entertainment tanks 14% as NCLT admits company to insolvency resolution
The NCLT decision to begin bankruptcy proceedings has overshadowed Zee Entertainment's merger with Culver Max Entertainment (Sony)
 "Zee Entertainment tanks 14% as NCLT admits company to insolvency resolution")
Stocks to Watch: RIL, ONGC, OMCs, DLF, SpiceJet, Zee, BoB, Apollo Hospitals
Stocks to Watch Today: Shares of oil producers and marketing companies are likely to be in focus following the steep production cut by OPEC+.
 "Stocks to Watch: RIL, ONGC, OMCs, DLF, SpiceJet, Zee, BoB, Apollo Hospitals")
Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal
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.
 "Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal")
Stocks to Watch: Infosys, TCS, Zomato, SBI, GMR Power, Zee, Karnataka Bank
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.
HC allows Invesco appeal against order on EGM to remove Zee's Punit Goenka
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
 "HC allows Invesco appeal against order on EGM to remove Zee's Punit Goenka")
Sensex sheds 323pts, Nifty manages to hold 17,400; Infosys, ITC slip 2%
Smallcaps, sugar stocks and shares of recently listed companies like Paytm, SJS Enterprises, Fino Payments Bank and PolicyBazaar were in demand
 "Sensex sheds 323pts, Nifty manages to hold 17,400; Infosys, ITC slip 2%")
Sensex sprints 569 pts, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%
The BSE m-cap stood at Rs 272.8 trillion by close
 "Sensex sprints 569 pts, ends at 61,306; Nifty atop 18,300; IRCTC gains 11%")
Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee
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
 "Stocks to Watch: Infosys, Wipro, HCL Tech, Dish Tv, HDFC Bank, Zee")
Essel Group stocks witness frenzied buying; Zee Entertainment zooms 40%
Analysts positive on institutional shareholders Invesco, OFI Global's call for removal of Goenka as director
 "Essel Group stocks witness frenzied buying; Zee Entertainment zooms 40%")
Newsmaker: Meet Essel Group's Subhash Chandra, the restless media mogul
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
 "Newsmaker: Meet Essel Group's Subhash Chandra, the restless media mogul")
Here's what may trigger re-rating of ZEEL stk post 94% YoY dip in Q1 profit
Emkay Global believes multiple re-rating of the stock will happen along with the changes in Q1 and consistency in balance sheet improvement
 "Here's what may trigger re-rating of ZEEL stk post 94% YoY dip in Q1 profit")
Ambani vs Chandra: Media convergence looks set for a new game of thrones
Reliance announced the merger of its various content, distribution, and media properties in its listed subsidiary Network18 earlier this week.
 "Ambani vs Chandra: Media convergence looks set for a new game of thrones")
Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost
According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.
 "Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost")
Cash cows sold, cash guzzlers remain: Rocky ride ahead for Chandra's Essel
Analysts say the group is now largely left with cash guzzlers like Dish TV, Zee Media, Siti Networks, Shirpur Gold, and Essel Infraprojects
 "Cash cows sold, cash guzzlers remain: Rocky ride ahead for Chandra's Essel")
Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more
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.
 "Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more")
After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka
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
 "After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka")
Subhash Chandra resigns as chairman of Zee Entertainment Enterprises
The company's board has accepted the resignation, ZEEL said in a regulatory filing
 "Subhash Chandra resigns as chairman of Zee Entertainment Enterprises")
Zee Ent slips 3% as Brickwork downgrades preference shares, issuer rating
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
 "Zee Ent slips 3% as Brickwork downgrades preference shares, issuer rating")
