During the proceedings, Justice Patel said denying the right to call an EGM would set a "ferocious" precedent. ZEEL said it would inform the court on Friday about the EGM date
YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel
The public battle between the broadcasting giant and a key institutional shareholder has precipitated a high-decibel debate on corporate governance practices
Goenka questioned the intention of Invesco while pointing fingers at the investment firm over corporate governance for not making public a proposed deal Reliance Industries earlier
The war of words between Invesco and ZEEL shows that minority shareholders were not in the loop about the acquisition talks till Tuesday
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
In its letter on Monday, Invesco said the lack of clarity around key aspects of the Zee-Sony announcement should concern all shareholders
The move follows a NCLAT order on Thursday that granted ZEEL more time to file its reply
Tata group firm Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter
Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
The company is also calling for a stay on the proceedings in NCLT till the matter is decided in the appellate tribunal
State-owned CIL on Tuesday said its board has given an in-principle approval to a pre-feasibility report for setting up of an integrated greenfield aluminium project in Odisha
The owner and operator of retail chain D-Mart has reported a 46.6 per cent increase in its standalone revenue from operations at Rs 7,649.64 crore for the second quarter ended September 2021
The Reserve Bank on Wednesday removed Indian Overseas Bank (IOB) from the Prompt Corrective Action Framework
Negative global market cues and profit taking pushed both Sensex and Nifty lower for the first time in four days
ZEEL board has three weeks to call the EGM
Invesco said newly constituted board supported will be best suited to evaluate and oversee potential for strategic transactions like the one announced on September
Goenka has never discussed how he feels about losing the company that he spent so much time building. Or about needing outside approval to run a company that was one-fifth owned by him and his family
Chandra family to hold 4% stake in merged firm, with option to increase it to 20%
Will support fund's stand, if well defined