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Business News: Axis Finance sends legal notice to ZEE, seeks ₹146-crore in dues

Axis Finance sends legal notice to ZEE, seeks ₹146-crore in dues : Rashtra News #Axis #Finance #sends #legal #notice #ZEE #seeks #146crore #dues Axis Finance, a subsidiary of private sector lender Axis Bank, has sent a legal notice to Zee Entertainment Enterprises (ZEE) and its promoters, Subhash Chandra and his son Punit Goenka, seeking to

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Zee MD and CEO Punit Goenka to take 20% salary cut

"Frugality, Optimization, and a sharp focus on quality content are the three key tenets of the plan implemented by Goenka to drive the company to the targeted goals; and the above-mentioned voluntary decision, is in line with this approach," Zee said in an exchange filing.

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MCA asks Sebi to Share Details on Zee, Could Summon Goenka

The Ministry of Corporate Affairs (MCA), which is investigating Zee Entertainment Enterprises Ltd (ZEEL) over alleged corporate governance violations, has written to the Securities and Exchange Board of India (Sebi) seeking details on its latest findings on fund diversion that have been cited in media reports, said people aware of the matter.

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SEBI finds $241 million 'missing' from Zee Entertainment's accounts: Report

Market regulator SEBI alleged that there is a $241 million discrepancy in Zee Entertainment accounts. after its collapsed merger with Sony Group.

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SEBI Unearths $241 Million Discrepancy In Zee Entertainment's Accounts: Report

India's Securities and Exchange Board (SEBI) has uncovered a significant discrepancy exceeding 20 billion rupees ($241.36 million) in the accounts of Zee Entertainment Enterprises, according to the Bloomberg sources. SEBI had previously accused Zee Group's founders, Chairman Subhash Chandra and CEO Puneet Goenka, of actively diverting company funds to other listed entities., Companies News, Times Now

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SEBI finds $241 million irregularity in Zee Entertainment's accounts: Report | Business News

The amount flagged by SEBI was roughly 10 times higher than investigators had initially estimated, the Bloomberg report said. The amount calculated was not final and could be revised after SEBI reviewed responses from the company's executives, the report added.

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Zee share price: Zee Entertainment refutes report of Rs 20,000 cr accounting gaffe, says its 'false'

Zee Entertainment denies media reports of a $240 million 'accounting hole,' calling them incorrect and false. The embattled Indian broadcaster asserts cooperation with SEBI and states they are addressing comments requested. SEBI reportedly uncovers a potential diversion of around Rs 2,000 crore, ten times higher than initial estimates, according to Bloomberg News sources

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SEBI unearths irregularities worth $241 mn in Zee's accounts

India's market regulator has made a preliminary finding that 20 billion rupees ($240 million) has been diverted out of Zee Entertainment Enterprises' books, and Zee ......

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