Zee Entertainment

Shares of state-run telecom firm MTNL will be in focus as the the government has deferred the merger of BSNL and MTNL due to financial reasons.

Zee has signed a long-term global media broadcasting rights for UAE T20 league. Deal estimated at Rs 800-900 crore for ten years, say industry sources.

Puts 74.32 million shares on the block at Rs 281.46 apiece; Morgan Stanley, Segantii India among buyers

CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent

The stock of Zee Entertainment needs to firmly overcome the hurdle of Rs 298.60 levels to see fresh upside

The counter saw trades of around 124 million shares in the first couple of minutes of trade

Invesco will sell Zee shares at the rate of Rs 270.50-Rs 290.90 per equity share - a discount of up to 7% discount to the last close price of Rs 290.90 on Wednesday on NSE

Supports Sony merger; Zee welcomes move

The stock jumped 16.83 per cent to settle at Rs 299.15 on BSE

CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

The Bombay High Court allowed an appeal by the largest shareholder of Zee Entertainment against a single-judge order granting interim injunction on holding an EGM to remove Zee's CEO Punit Goenka

IndusInd Bank had moved NCLT claiming default of Rs 83.08 crore against the media & entertainment firm.

Markets regulator Sebi on Friday lifted restrictions imposed on ten entities, including individuals, in a matter pertaining to alleged insider trading in the scrip of Zee Entertainment Enterprises Ltd

IndusInd Bank has claimed a default of Rs 83.08 crore against the media and entertainment firm

IndusInd Bank claims to be the financial creditor before the NCLT for initiation of corporate insolvency resolution process against Zee and has claimed a default of Rs 83 crore

Adani Power, Barbeque Nation, Cadila, GAIL, Godrej Properties, HCC, ITC, JK Tyre, Kalyan Jewellers, Lupin, Mahindra Holidays, TBZ and Titan are some of the major companies to announce results today

Zee Entertainment Enterprise Ltd reported a consolidated net profit of Rs 298.98 crore for the third quarter ended December 2021.

ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company

Market wrap: Sensex ends 612 pts higher; RIL, L&T and Bharti Airtel shine

ZEE falls 5% after inking merger pact with Sony Pictures, trims losses later; Metro Brands makes a tepid debut with 13% discount; RateGain Travel Technologies surges 28% in two sessions, hits new high

In the past three months, ZEEL has outperformed the market by surging 35 per cent when compared with a 4 per cent decline in the S&P BSE Sensex