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Dish TV - Bharti Airtel deal called off over valuation differences: report

MUMBAI: The deal between direct-to-home (DTH) operator Dish TV’s promoter Essel Group and Bharti Airtel has been called off due to differences over valuation, according to a report in Business Standard. Now, the promoters of Dish TV have begun talks with a global financial investor which does not...

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Zeel issues clarification regarding resignation of 3 directors

Zee Entertainment Enterprises Ltd (ZEEL) announced on Monday that independent directors Neharika Vora and Sunil Sharma along with non-independent director Subodh Kumar resigned and three new independent directors - R Gopalan, Surendra Singh and Aparajita Jain have been appointed. On the request of...

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BlackRock stake in Zeel crosses 5% mark

Despite the debt crisis of the promoter group of Zee Entertainment Enterprises Ltd (Zeel), foreign fund investors aren’t shying away from betting their money. New York-based BlackRock has increased its stake in the Indian media conglomerate. Before 21 November, BlackRock held 4.77 per cent stake...

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ZEEL reconstitutes its board even as chairman Subhash Chandra resigns

MUMBAI : The board of ZEE Entertainment Enterprises Ltd (Zeel) , during the meeting held today, completed the process of reconstitution of the board and appointed three new independent directors in lieu of two independent and one nominee Director of Essel Group, namely Niharika Vora, Sunil Sharma...

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Zeel promoter stake sale gets confidence vote from SBICap and Edelweiss

There’s a sense of relief at Zee Entertainment Enterprises Ltd (Zeel). Chairman Subhash Chandra, and managing director & CEO Punit Goenka said they would go the whole hog to repay their obligations.

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