Articles for Zee

Punit Goenka Resigns As MD Of ZEE, Will Remain CEO

The decision comes after the board approved enhanced performance targets for Goenka, including quarterly consolidated revenue and EBITDA goals for the next four quarters starting October

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Zee, Sony End Merger After Settlement; Axis, IDBI Withdraw Cases
Zee, Sony End Merger After Settlement; Axis, IDBI Withdraw Cases

NCLAT acknowledges settlement-driven withdrawal, officially closing the chapter on the once-promising Zee-Sony media merger

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Zee Rejects Star India's Claim For Damages Amounting To Nearly Rs 8,000 Cr

"The arbitration is at its initial stage and the LCIA Arbitral Tribunal is yet to determine if the Company is liable in any manner," said Zee Entertainment

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NCLT Approves Zee Entertainment's Exit From Sony Merger Agreement
NCLT Approves Zee Entertainment's Exit From Sony Merger Agreement

Both companies agreed to withdraw all claims from arbitration at the Singapore International Arbitration Centre and other legal proceedings

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Subhash Chandra Alleges Sebi's Madhabi Puri Buch As ‘One Of The Negative Forces’
Subhash Chandra Alleges Sebi's Madhabi Puri Buch As ‘One Of The Negative Forces’

Citing SEBI Chairperson as a key obstacle in the failed Zee-Sony merger, Dr Chandra plans court action and questions the integrity of the regulatory process

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Zee, Sony Resolve Merger Disputes Amicably

Under the terms of the settlement, none of the parties will have any outstanding or continuing obligations or liabilities to the other

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Zee Board Approves Raising Rs 2,000 Cr

The company states that it will "enhance its strategic flexibility to pursue future growth opportunities in the evolving media landscape" with the use of the money

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Zee Demands Sony To Pay $90 Mn As Merger Termination Fee

Earlier this week, Zee revealed via a regulatory filing that it had spent Rs 432 crore on the failed merger between 2022-23 and 2023-24

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Failed Merger With Sony Costed Zee Rs 432 Cr

The firm incurred merger-related costs of Rs 256 crore in 2023–24 and Rs 176 crore in 2022–23, according to the documents

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Recovery In FMCG Spending Ups Zee's Ad Revenues: Punit Goenka

The broadcaster's advertising revenue stood at Rs 1,110.2 crore against Rs 1005.8 crore in Q4 FY23, reporting a 10 per cent growth YoY

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