Debashis Basu: The Mystery of ZEE and DIIs - Rediff.com Business
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
Source: rediff.com
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Consumer Cases Monthly Digest: January 2024
National Consumer Disputes Redressal Commission National Consumer Commission Holds Raheja Developers Limited for Deficiency in service The National Consumer Disputes Redressal Commission...
Source: livelaw.in
Singapore arbitrator lets Zee Entertainment approach NCLT to enforce Sony merger deal | India Business News
India Business News: In a recent turn of events, a Singapore arbitrator has allowed Zee Entertainment to ask NCLT to enforce a $10 billion merger deal with Sony's India unit. Zee Entertainment contests Sony's claims and accuses the market regulator, Sebi, of trying to scuttle the merger.
Source: indiatimes.com
IPru MF sells 2.15% stake in Zee Entertainment amid Sony merger failure fallout
Shares sold between January 20 and January 30. Considering the average stock price of Rs177.11 apiece in this period, IPru MF has sold approximately Rs365.7 crore worth of shares.
Source: moneycontrol.com
Zee's largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding
ICICI Prudential Mutual Fund is now the third-largest shareholder in Zee Entertainment behind Nippon Mutual Fund and LIC
Source: livemint.com