Page 7 - Zee Entertainment

Top headlines: Zee CEO breaks silence on Invesco; HCL Tech Q2 net rises 4%

In a letter, Zee MD and CEO, Punit Goenka asked why Invesco was silent when it made the EGM requisition about its role as an investment banker

LIVE: CBSE Class 10 and 12 Term-1 exams in Nov-Dec, Term-2 in Mar-Apr

Live news updates: Reliance says it regrets getting drawn into the dispute between the Indian TV network and the American investment company.

Zee CEO says will continue to take steps to safeguard company, its future

'We will ensure that no one maligns the intrinsic value of this company for their own benefit,' Zee CEO Punit Goenka said, making his first public statement in the dispute with Invesco

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

Invesco says it facilitated tie-up talks between India's Reliance and Zee

"The role of Invesco, as Zee's single largest shareholder, was to help facilitate that potential (Reliance) transaction and nothing more," Invesco said

Zee-Invesco row ended deal talks; no hostile takeover plans: RIL

The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday

Dish TV board cites rules, rejects YES Bank's demands to hold EGM

The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees

Invesco's conduct lacks transparency, says Zee Entertainment

Zee said it is dismayed that in the open letter, Invesco has also cast unsubstantiated aspersions on Zee's management and has made comments in relation to the 'permissive culture' of the Board

Regret being drawn into the dispute between Zee and Invesco: Reliance

'Never resorted to any hostile transactions,' clarifies RIL

BSE m-cap hits Rs 271 trillion as Sensex soars 453 pts; Tata Motors up 21%

Sectorally, all but the Nifty Realty index ended the session in the green led by the Nifty Auto index (up 3.4 per cent).

Invesco rejects Zee Ent's allegation of pushing Indian group's deal

ZEEL says Invesco had approached Punit Goenka, its managing director and chief executive officer, with a merger proposal.

Invesco pushed large Indian group's 'bad' deal: Zee Entertainment

Proposal would have led to Rs 10,000-cr loss to shareholders, says firm

Zee-Sony merger deal not in interest of small shareholders: Invesco

In its letter on Monday, Invesco said the lack of clarity around key aspects of the Zee-Sony announcement should concern all shareholders

Explainer: Why is Invesco entangled in a legal dispute with TV giant Zee

Invesco has in Indian tribunal hearings said it's not against the Zee-Sony plan, but its filing does criticize how the two entered into talks.

NCLT directs Zee Entertainment to file reply to Invesco plea by Oct 22

On October 2, ZEEL said it has moved the Bombay High Court against the requisition of minority shareholders Invesco and OFI Global China Fund, to convene an EGM

NCLAT gives more time to Zee to file reply to Invesco's plea for EGM

NCLAT directs NCLT to allow Zee a reasonable and sufficient opportunity to file reply

Top headlines: HC rejects Srei plea; India opens doors for foreign tourists

Business Standard brings you the top headlines on Thursday

NCLT committed error by not granting more time to Zee to file reply: NCLAT

NCLT order directing Zee to reply within two days violated principles of natural justice, said NCLAT

NCLT adjourns hearing on Zee-Invesco matter to Oct 8

The bench told ZEEL's counsel that they have all the time to appeal before NCLAT that would have required hundreds of pages but did not have the time to reply with 3-4 pages before the NCLT

Sensex rises 488 pts in relief rally; Nifty Realty up 6%; Tata Motors 13%

In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively