Page 3 - Zee

Chandra's exit from Zee is an example of how to handle crisis with dignity

It is so very rare for Indian media businesses to grow out of their founding family's shadow, however, benevolent it may be

From rice to Zee, Chandra bludgeoned his way into one new biz after another

Chandra made his way through packaging, publishing, leisure parks, broadcasting, cable, DTH, electronic lotteries, and so on

Zee Entertainment management reassures lenders on stake sale plan

The promoters of Essel group have got further extension from the lenders

Zee's Q2 net profit misses estimates on ICD write-off worth Rs 170 cr

Rs 170-cr exceptional item provided for as related parties delayed payment

90% of promoters' stake in Zee pledged with financial institutions

The Zee management indicated that the delay in closing the balance sale was due to restrictions on insider trading window

Zee's search for a partner

It has neither got the money nor a strategic investor. Zee's disappointing deal with Invesco, however, could be a precursor to a better strategic foray

Zee stake sale at advanced stage, progressing steadily: Essel Group

Essel Group said Tuesday the stake sale process of Zee Entertainment Enterprises is at an advanced stage. "The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group, is in steady progress and at an advanced stage," Essel Group said in a statement. The group cannot share any additional details at this stage due to confidentiality agreements, it added. Zee Entertainment Enterprises had announced in November last year that its promoters, led by Subhash Chandra, planned to sell up to 50 per cent of their equity stake in the company to a strategic partner. On January 25, Essel group companies had come under massive selling pressure, plummeting up to 33 per cent, and suffered a combined erosion of Rs 13,352 crore in market valuation. On January 26, Essel group Chairman Chandra said that his company is in a financial mess and has blamed the same for the aggressive bets on infra, which has gone out of control since the IL&FS crisis and also the acquisition of .

Mukesh Ambani, Sunil Mittal consider competing for stake in Zee: Report

Zee, which is controlled by media mogul Subhash Chandra, is seeking a strategic investor to help fend off competition.

Has Zee Entertainment finally cracked the code for online success?

The broadcaster's fourth attempt at digital seems to be paying off, but it remains to be seen if it can turn it into a sustainable business

ZEE enters Poland; expands European footprint

Channel's schedule, adapted to the local market, will be created by the Polish team

Zee Group likely to acquire TV9

TV9 runs 7 news channels including the TV9 Kannada, TV 9 Marathi and the popular TV 9 Gujarati news channels

Valuations overshadow strong outlook for Zee

Stable ad revenue growth and subscription upsides are positives

Zee Media to acquire 80% stake in India Today companies

By June, Zee Media will acquire 49% stake and have managerial and operational control over the target companies