Zee Bollymovies and Zee Bollynova will broadcast on Africa's Kwese TV
Lower ratings and slowing ad revenue growth following the note ban point to muted outlook for FY17
This now enables ZEE provide an extensive media solution to its partners through television, radio and digital media
The stock up 3% to Rs 544 after the company announced the sale of sports broadcasting biz to Sony for USD385 million.
Move will lead to higher operating-profit margins
After denying any talks of sale, the company said it is in advanced talks to sell the sports business
Ten Sports was bought by Zee Entertainment from Dubai based Abdul Rahman Bukhatir's Taj Group in 2006
The stock hit a high of Rs 493.65 in intraday trade so far, which is 52-week high for the counter
Consolidated revenue increased 18% to Rs 1,571 cr
Viewers would be able to watch all content of Zee Entertainment on OZEE
Awards ceremony will be held on March 18 at the Dubai International Stadium