Arbitration case: Zee to contest ₹8,000 crore claims by Star India
Entertainment co says on September 16, Star filed its statement before the LCIA Arbitral Tribunal and sought damages to be determined
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Zee, Sony settle all disputes; terminate $10-bn deal; share up 13%
The companies have "mutually" agreed to withdraw all respective claims against each other
Zee to raise $239 mn via FCCBs
These FCCBs would be issued to Resonance Opportunities Fund, St. John's Wood Fund Ltd. and Ebisu Global Opportunities
Zee posts ₹13 cr profit in Q4; board approves organisation restructuring
The company experienced a 2.7% year-on-year (YoY) revenue growth, reaching ₹2,169 crore.
Zee board approves organisational restructuring
MD & CEO Punit Goenka will assume direct charge of the critical business verticals including the domestic broadcast business.
Zee MD & CEO proposes to lay off 15% staff
The proposed structure is aimed towards arriving at a cost-effective operational model, says ZEE.
Zee Entertainment should focus on cost cuts: Panel
A board-appointed committee advises that the identified business verticals will need to substantially reduce losses and enhance their performance levels.
ZEE forms independent advisory committee to curb 'erosion of investor wealth'
The three-member committee will be headed by former Allahabad High Court judge Dr Satish Chandra and will have Uttam Prakash Agarwal and P V R Murthy as the independent directors.
‘Incorrect, false’: ZEE on reports of missing $241 mn; share tanks 10%
ZEE says it has been in the process of providing all the comments, information or explanations requested by SEBI
ZEE shares zoom 10% amid reports of renewed talks with Sony
Both companies have reportedly engaged in talks in Mumbai in their last-ditch efforts to save $10 billion
