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Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka has moved the Securities Appellate Tribunal (SAT) against the Securities Exchange Board of India's (SEBI) confirmatory order barring him and his father Subhash Chandra Goenka, the entertainment company's Chairman Emeritus, from holding any directorship or managerial position in any listed company or their subsidiaries.

AI's potential to generate content and disrupt traffic and jobs is a double-edged sword.

Geojit is bullish on Zee Entertainment Enterprises has recommended buy rating on the stock with a target price of Rs 312 in its research report dated August 21, 2023.

IDBI Bank had filed the plea in December 2022 before the Mumbai bench seeking insolvency proceedings against Zee Entertainment.

Sebi earlier modified its order against Punit Goenka and Subhash Chandra, and barred them from holding the post of director or key managerial personnel in at least four Zee group companies as well as in the merged entity of Zee and Sony Pictures Networks India till further directions