Lack of corporate governance widens trust gap
The trust gap for Indian companies is a negative 55, while it is negative 58 for Chinese companies.
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February 2024
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February 2023
‘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-Sony merger: Talks to continue till Jan 20
Sony Group says it is engaged in ongoing talks regarding a potential merger between its Indian subsidiary and Zee
Zee stock plunges 9% amid director's exit ahead of AGM
Zee shares fall to an intra-day low of ₹259.10 before recovering losses and settling at ₹278.25, down 2.06% compared to the previous session
Zee case: SEBI replies to SAT; seeks urgent action against promoters
SEBI reiterates Zee promoters were involved in schemes and transactions via which vast amounts of public money were diverted to their private entities
Invesco sells entire stake in ZEEL for ₹1,004 cr; stock rises 2%
Invesco offloaded 5.11% stake in ZEEL at an average price of ₹204.50 apiece, which was acquired by Goldman Sachs Singapore, Morgan Stanley Asia Singapore, and Segantii India Mauritius.
ZEE enters settlement with IndusInd Bank; stock jumps 5%
ZEE and IndusInd Bank have mutually entered into the settlement agreement under which all disputes and claims have been settled between the parties.
ZEE settles ₹211 cr dues dispute with IPRS; insolvency plea withdrawn
In January this year, the artistes’ body filed a petition at the NCLT to initiate an insolvency process against Zee Entertainment, seeking payment of ₹211.41 crore.
ZEE snaps 6-day losing streak, rises 8% on re-inclusion in NSE F&O segment
The stock had fallen 15% in the last six sessions after the NCLT last week allowed initiation of insolvency proceedings against the Essel Group company.
ZEEL shares extend fall despite NCLAT relief; slump 14% in three sessions
The NCLAT has stayed bankruptcy proceedings against ZEEL initiated by the NCLT on IndusInd Bank’s plea under the Insolvency and Bankruptcy Code (IBC).
