Stocks to watch out for today: ZEE Entertainment, LTI Mindtree, Eureka Forbes, Tejas Network and more
Sensex fell 434 points to 72,623 and Nifty lost 142 pts to 22,055. BSE investor wealth fell to Rs 388.87 lakh crore.
Source: businesstoday.in
Page 16 - Subhash Chandra News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Subhash Chandra Today - Breaking & Trending Today
Securities and Exchange Board of India (Sebi) | Zee Entertainment Enterprises shares sink over rumours of SEBI probe into fund diversion worth $241 million
The ZEEL shares sank almost 15 per cent in a skittish market already edgy over rumours that the Securities and Exchange Board of India was planning to widen the investigation by summoning former directors of the company for questioning over transactions with various entities in recent years
Source: telegraphindia.com
Subhash Chandra, Punit Goenka may face Sebi questioning over 'fund diversion'
A June probe by the regulator found diversion to the tune of Rs 200 crore through related party transactions, a charge contested by Zee before the Securities Appellate Tribunal.
Source: businesstoday.in
zee share price: Zee shares rally 3% despite negative news flow. Is it a dead cat bounce?
The upside comes in Zee stock after it ended Wednesday's session 15% lower after Bloomberg reported that Sebi had found that about $241 million (Rs 2,000 crore) might have been diverted by the company promoters.
Source: indiatimes.com
Sebi finds $241 mn 'missing' from Zee's accounts, Subhash Chandra, Punit Goenka asked to explain
Sebi’s latest findings add to Goenka’s woes, as the Zee CEO tries to reassure investors after its $10 billion merger plan with Sony fell apart. The transaction, two years in the making, was terminated in January after a months-long stalemate on who’ll lead the new entity.
Source: businesstoday.in