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Despite TRAI's new tariff order hiccup in Q4, Zeel numbers up for FY 2019

The Subhash Chandra led Zee Entertainment Enterprises Ltd (Zeel) reported growth across all important parameters for the year ended 31 March 2019 (FY 2019, year, fiscal or period under review) as compared to the previous year FY 2018. The company says in its earnings release that it faced some...

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Zee Entertainment stake sale at an advanced stage

The much-anticipated Zee Entertainment Enterprises Ltd (ZEEL) stake sale is now at an advanced stage, Essel Group has confirmed. "The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group, is in steady progress and at an advanced stage," the group said in a statement on...

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Sony, ZEEL deal scrapped over valuation differences: report

Discussion between Japan’s Sony Corporation buying 20 to 25 per cent stake in the Subhash Chandra-led Zee Entertainment Enterprises Ltd (ZEEL) has been scrapped due to valuation differences, according to a report by Economic Times.

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ZEEL likely to sell 20% to Sony Corp

Japanese multinational conglomerate Sony Corp is in advanced talks with Subhash Chandra-promoted Zee Entertainment Enterprises Ltd (ZEEL) to buy a stake in the firm. As the company has been struggling to raise funds to pay huge debt, Chandra is looking to sell 20-25 per cent stake.

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Comcast, Sony in the running for ZEEL stake?

In the latest financial results, Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka mentioned that the company has narrowed down its search for a partner to divest up to 50 per cent stake in the company, an announcement it made in November 2018.

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