#ZeeSonyDeal | Why is Invesco ignoring a deal loved by stock markets, and insisting on an EGM to oust #ZeeEntertainment MD & CEO Punit Goenka and to reconstitute the board?
N Mahalakshmi shares insights 👇
https://www.moneycontrol.com/news/business/companies/zeel-sony-deal-non-binding-nature-new-sebi-regulations-reason-for-invesco-pressing-for-egm-7513821.html?utm_source=telegram&utm_medium=social
N Mahalakshmi shares insights 👇
https://www.moneycontrol.com/news/business/companies/zeel-sony-deal-non-binding-nature-new-sebi-regulations-reason-for-invesco-pressing-for-egm-7513821.html?utm_source=telegram&utm_medium=social
Moneycontrol
ZEEL-Sony deal: Non-binding nature, new Sebi regulations reason for Invesco pressing for EGM
Another reason, and a more important one, is to evaluate other potential suitors for ZEEL, which can be done independently only by a new board. There are other strategic investors who may be interested in buying the company without the Subhash Chandra family…
#MarketsWithMC: #ZeeEntertainment share price was trading lower by over 2% in the morning session today after Sebi confirmed ban on five persons in the company's insider trading case.
Read full story at ⤵️
https://www.moneycontrol.com/news/business/stocks/zee-entertainment-shares-under-pressure-as-sebi-bans-5-persons-in-insider-trading-case-7515491.html?utm_source=telegram&utm_medium=social
Read full story at ⤵️
https://www.moneycontrol.com/news/business/stocks/zee-entertainment-shares-under-pressure-as-sebi-bans-5-persons-in-insider-trading-case-7515491.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zee Entertainment Shares Under Pressure As Sebi Bans 5 Persons In Insider Trading Case
Bijal Shah, Gopal Ritolia, Jatin Chawla, Gomti Devi Ritolia and Daljit Chawla are restrained from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever until further orders," Sebi said.
Amid the boardroom battle, #ZeeEntertainment said an "offer" was presented to them by #Invesco back in Feb 2021 to merge the company with entities linked to a large Indian group but CEO Punit Goenka had turned it down.
Read at ⤵️
https://www.moneycontrol.com/news/business/companies/invesco-proposed-merger-with-large-indian-group-in-feb-2021-wanted-punit-goenka-to-lead-zee-7575661.html?utm_source=telegram&utm_medium=social
Read at ⤵️
https://www.moneycontrol.com/news/business/companies/invesco-proposed-merger-with-large-indian-group-in-feb-2021-wanted-punit-goenka-to-lead-zee-7575661.html?utm_source=telegram&utm_medium=social
Moneycontrol
Invesco proposed merger with large Indian group in Feb 2021, wanted Punit Goenka to lead: Zee
The details shared by the Zee board assume significance as the company is locked in a litigation against Invesco at multiple legal forums over the latter’s demand for an EGM to rejig the board and oust MD and CEO Punit Goenka.
#ICYMI | RIL said it proposed to merge all its media properties with #ZeeEntertainment at fair valuations during discussions in February & March 2021 that US investment firm Invesco helped arrange the MD Punit Goenka.
Read more at
https://www.moneycontrol.com/news/business/companies/zee-invesco-row-reliance-says-regret-being-drawn-into-controversy-7578101.html
#InvescoDeveloping #RelianceIndustries
Read more at
https://www.moneycontrol.com/news/business/companies/zee-invesco-row-reliance-says-regret-being-drawn-into-controversy-7578101.html
#InvescoDeveloping #RelianceIndustries
Moneycontrol
Made Fair Offer For Zee: Reliance
Differences between Invesco and the Goenkas over Zee founders raising stake scuttled deal, says RIL.
#ICYMI: RIL said it proposed to merge all its media properties with #ZeeEntertainment at fair valuations during discussions in February & March 2021 that US investment firm Invesco helped arrange the MD Punit Goenka.
Read more at:
https://moneycontrol.com/news/business/companies/zee-invesco-row-reliance-says-regret-being-drawn-into-controversy-7578101.html?utm_source=telegram&utm_medium=social
Read more at:
https://moneycontrol.com/news/business/companies/zee-invesco-row-reliance-says-regret-being-drawn-into-controversy-7578101.html?utm_source=telegram&utm_medium=social
Moneycontrol
Made Fair Offer For Zee: Reliance
Differences between Invesco and the Goenkas over Zee founders raising stake scuttled deal, says RIL.
#ZeeInvesco | A day after Bombay HC ordered #ZeeEntertainment to hold an EGM, the media company has argued that the board cannot give a nod to something that will turn out to be illegal
https://www.moneycontrol.com/news/business/companies/zee-argues-holding-egm-is-illegal-board-cannot-approve-it-7612421.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/zee-argues-holding-egm-is-illegal-board-cannot-approve-it-7612421.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zee Argues Holding EGM Is Illegal, Board Cannot Approve It
The counsel appearing for Zee said that Zee believes that holding EGM is illegal.
#ZeeEntertainment will hold its board meeting on November 11 to consider #Q2FY22 results, the company said in an exchange filing
https://www.moneycontrol.com/news/business/companies/zee-to-hold-board-meeting-to-consider-q2-fy22-results-on-november-11-7675081.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/zee-to-hold-board-meeting-to-consider-q2-fy22-results-on-november-11-7675081.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zee To Hold Board Meeting To Consider Q2 FY22 Results On November 11
On October 26, the company had said that it cancelled its October 27 board meeting due to lack of quorum.
#ZeeEntertainment has acquired the broadcast rights for the Emirates Cricket Board's UAE T20 League for a period of 10 years. 🏏
How will this work in the favour of the media company Here's what analysts have to say ⤵️
https://www.moneycontrol.com/news/trends/sports-trends/uae-t20-leagues-low-media-rights-cost-narrow-time-difference-to-work-in-favour-of-zee-says-analyst-7775451.html?utm_source=telegram&utm_medium=social
How will this work in the favour of the media company Here's what analysts have to say ⤵️
https://www.moneycontrol.com/news/trends/sports-trends/uae-t20-leagues-low-media-rights-cost-narrow-time-difference-to-work-in-favour-of-zee-says-analyst-7775451.html?utm_source=telegram&utm_medium=social
Moneycontrol
UAE T20 League's Low Media Rights Cost, Narrow Time Difference To Work In Favour Of Zee, Says Analyst
The tournament will be like an IPL tournament, having international players. It will feature six teams and 34 matches, says Karan Taurani, Senior Vice-President, Elara Capital
The division bench of the Bombay High Court headed by Justice SJ Kathawalla and Milind Jadhav has kept the Zee Entertainment and Invesco matter for further hearing on December 6. 👀👀
Read more at
https://www.moneycontrol.com/news/business/companies/zee-invesco-court-war-division-bench-to-continue-hearing-case-on-december-6-7784361.html
#ZeeInvesco #ZeeEntertainment
Read more at
https://www.moneycontrol.com/news/business/companies/zee-invesco-court-war-division-bench-to-continue-hearing-case-on-december-6-7784361.html
#ZeeInvesco #ZeeEntertainment
Moneycontrol
Zee-Invesco Court War: Division Bench To Continue Hearing Case On December 6
Invesco has challenged the order by single judge order of Bombay High Court that restrained Invesco and OFI Global China Fund from taking any action in furtherance of their requisition notice to Zee to hold an extraordinary general meeting (EGM).
BARC has elected Shashi Sinha, CEO at IPG Mediabrands India, as its new chairman at a meeting today. He succeeds #ZeeEntertainment MD & CEO #PunitGoenka, who served as the chairman for three years.
Read at 👇
https://www.moneycontrol.com/news/trends/entertainment/ipg-mediabrands-india-ceo-shashi-sinha-takes-over-as-barc-chairman-from-zees-punit-goenka-8276111.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/trends/entertainment/ipg-mediabrands-india-ceo-shashi-sinha-takes-over-as-barc-chairman-from-zees-punit-goenka-8276111.html?utm_source=telegram&utm_medium=social
Moneycontrol
IPG Mediabrands India CEO Shashi Sinha takes over as BARC chairman from Zee's Punit Goenka
Sinha, who also represents the Advertising Agencies Association of India as its Board member, has played a key role in setting up BARC
Coming Up On #SantoAndCJ 🔥
📹 Watch Santo & CJ discuss if bears have the staying power or will bulls keep marching on. Plus hear the duo's thoughts on #ZeeEntertainment, #SRF and #RamcoCement.
🔴LIVE at 3 pm: https://www.youtube.com/watch?v=6-hitgCzyJU
📹 Watch Santo & CJ discuss if bears have the staying power or will bulls keep marching on. Plus hear the duo's thoughts on #ZeeEntertainment, #SRF and #RamcoCement.
🔴LIVE at 3 pm: https://www.youtube.com/watch?v=6-hitgCzyJU
Coming Up On #MorningTrade🔥 LIVE NOW!
👉 We analyse technicals & fundamentals of #ZeeEntertainment, #AsterDM & #SpandanaSphoorty.
👉 We also answer your stock queries LIVE with Gaurav Bissa, InCred Capital.
https://www.youtube.com/watch?v=OcuV1ERzs7M
👉 We analyse technicals & fundamentals of #ZeeEntertainment, #AsterDM & #SpandanaSphoorty.
👉 We also answer your stock queries LIVE with Gaurav Bissa, InCred Capital.
https://www.youtube.com/watch?v=OcuV1ERzs7M
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Coming Up On #MorningTrade🔥 LIVE NOW!
👉 We analyse technicals & fundamentals of #ZeeEntertainment, #AsterDM & #SpandanaSphoorty.
👉 We also answer your stock queries LIVE with Gaurav Bissa, InCred Capital.
https://www.youtube.com/watch?v=OcuV1ERzs7M
👉 We analyse technicals & fundamentals of #ZeeEntertainment, #AsterDM & #SpandanaSphoorty.
👉 We also answer your stock queries LIVE with Gaurav Bissa, InCred Capital.
https://www.youtube.com/watch?v=OcuV1ERzs7M
#ZeeEntertainment which saw some improvement in advertising revenues on a sequential basis has concerns about headwinds in Q3 of FY23.
Read here 👇🏻
https://bit.ly/3UOdqyZ
Read here 👇🏻
https://bit.ly/3UOdqyZ
Moneycontrol
Zee Entertainment cautiously optimistic on ad revenue for H2, yet to see sustained recovery
Improvement in ad revenue is gradual, Rohit Gupta, chief financial officer (CFO), Zee Entertainment, told Moneycontrol.
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Coming Up On #MorningTrade🔥
European stocks were mixed on Friday as the buoyance triggered by a softer-than-expected US consumer price index reading fizzled out. Meanwhile, S&P500 closed out its best week since June while Nasdaq added about 1.9% as investors snapped up tech shares on hopes that interest rates would ease.
#AurobindoPharma may come under pressure after Q2 profits drop over 40%. Remember the shares had seen a massive selloff last week on concerns over corporate governance.
#Stocks in the spotlight today – #LIC, #GlenmarkPharma and #ZeeEntertainment.
🔴Live @ 8.30 AM: https://www.youtube.com/watch?v=oS08T5Q_eUY
European stocks were mixed on Friday as the buoyance triggered by a softer-than-expected US consumer price index reading fizzled out. Meanwhile, S&P500 closed out its best week since June while Nasdaq added about 1.9% as investors snapped up tech shares on hopes that interest rates would ease.
#AurobindoPharma may come under pressure after Q2 profits drop over 40%. Remember the shares had seen a massive selloff last week on concerns over corporate governance.
#Stocks in the spotlight today – #LIC, #GlenmarkPharma and #ZeeEntertainment.
🔴Live @ 8.30 AM: https://www.youtube.com/watch?v=oS08T5Q_eUY
#TradeSetup for February 28th ⚡️ #ZeeEntertainment, #Mastek, #NHPC & #FilatexFashions: Top stocks to watch on Tuesday
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://bit.ly/3m9Kup8
Check out this curated list of buzzing #stocks and why they are in the news 📹👇
https://bit.ly/3m9Kup8
#MarketsWithMC | #ZeeEntertainment witnessed an increase in its shares, this surge came after the successful completion of the proposed merger with #Sony.
Know more details 👇
https://bit.ly/46gSzL4
Know more details 👇
https://bit.ly/46gSzL4
Moneycontrol
Zee climbs 1.5 pc after Goenka says merger with Sony on track
The merger between Zee Entertainment and the Indian unit of Japan's Sony will go through, whether or not he is the CEO of the merged company, Punit Goenka said.