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ZEEL chief executive Punit Goenka and his father Subhash Chandra huffed and puffed and managed to blunt a series of adverse rulings against them by market regulator SEBI and company law adjudicator NCLT at the appellate level. That, however, did not prevent Sony Pictures from calling off its $10-billion merger deal with ZEEL. Here’s a look at the various cases.
A report said on Tuesday that the alleged amount siphoned being investigated by market regulator has risen substantially
In the morning session, the 30-share BSE Sensex declined 133.76 points or 0.19 per cent to trade at 71,289.89, while NSE Nifty fell 0.05 points to trade at 21,561.35.
Securities and Exchange Board of India (SEBI) may have zeroed in on the role of Zee Entertainment Enterprises Ltd (ZEEL)'s managing director and chief executive officer (MD&CEO) Punit Goenka in misuse of funds as key managerial personnel (KMP) in Essel group companies, and the investigation by the market regulator reveal Rs800 crore to Rs1,000 crore may have been siphoned as against its previous finding of Rs200 crore, says a report.
National Consumer Disputes Redressal Commission National Consumer Commission Holds Oriental Insurance Liable For Deficiency In Service The National Consumer Disputes Redressal Commission,...