Page 9 - Zee Entertainment

Zee Entertainment slides 10% on Rs 522 crore investment in tech arm

The additional investment will be used for operational and financial support, ZEEL said

ZEE Entertainment invests Rs 522 crore in tech subsidiary Margo Networks

The additional investment will be used for operational and financial support

Aplab to remove debt-ridden Zee Entertainment from promoter list to public

Electric equipment maker Aplab on Wednesday said it will reclassify debt-ridden Zee Entertainment Enterprises Ltd (ZEEL) from promoter category to public category. The company's board is scheduled to meet on March 26 to approve the reclassification process, Aplab said in a regulatory filing. For the quarter ended December 31, 2019, stake of ZEEL in Aplab had fallen to 9.50 per cent to 4.75 lakh shares. "We hereby inform you that a meeting of the Board of Directors of the Company will be held on Thursday, March 26, 2020 to approve the reclassification process of ZEEL from Promoter Category to Public Category and other matters," it said. Presently, 'Promoter & Promoter Group' hold 58.97 per cent stake in Aplab. Earlier, ZEEL held 13.21 lakh shares, comprising 26.42 per cent of the paid up capital of Aplab. ZEEL had acquired these share in 2013.

Zee Entertainment stock falls 20% a day after ED summons Subhash Chandra

Zee on Tuesday said it had no borrowings from YES Bank at all

Zee Entertainment Enterprises hits over 7-year low, tanks 40% in 2 weeks

In the past two weeks, the stock price has tanked 40 per cent, as compared to 18 per cent decline in the Sensex in the same period

Punjabi to Bangla: TV channels bet on regional languages for success

Bhojpuri, Punjabi, Gujarati, Odia are among the new languages driving growth and action in the television market

MCA inspection may spoil the show for Zee; stock sheds 15% in two sessions

In a clarification to the exchanges, Zee acknowledged that it had received a letter from the MCA, seeking information and inspection

Zee Entertainment slips 7% amid reports govt to probe company's books

In the past two weeks, ZEEL has underperformed the market by falling 23 per cent after reporting disappointing numbers for the quarter ended December 2019 (Q3FY20).

Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost

According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.

Zee Entertainment Q3 profit before tax slips 37% as ad revenues dip

The advertising revenue for the quarter came in at Rs 1,230.8 crore, down 15.8% YoY

Ad growth slowdown, new rules headwinds for Zee Entertainment stock

Valuations appear attractive, but near-term concerns remain

Zee says 3 cable operators of 'illegally blocking' channels in Tamil Nadu

Nearly 70 per cent of share gains for Zee came from its regional network.

Zee picks a cue from its viewership gains, raises bet on regional channels

Almost 15 channels of the 59 within its overall network are regional-language channels, with plans to fill key gaps in the future

The dance of the media elephants

As the big boys of media push for consolidation, scale is emerging as the killer app

After Subhash Chandra's exit from Zee, acid test awaits son Punit Goenka

The litmus test for Goenka would be to take the financial investors, who've backed Zee, along with him even as he strives to weather the latest storm

Zee Entertainment extends fall on resignation of independent directors

independent directors Neharika Vohra and Sunil Sharma stepped down on November 22 and November 24, respectively, the company said

Three Zee Entertainment directors resign, cite related-party transactions

Zee also said it had a definitive plan in place to recover the outstanding amounts from Dish TV and Siti Cable, and that it was monitoring the situation closely

Zee Entertainment falls 9% after Subhash Chandra resigns as chairman

Zee said Chandra would continue to "mentor" the management, coming at a time when the promoter family has retained management control with only 5.9 per cent stake in the company

Top biz headlines today: SC Maharashtra order, Zee chairman quits & more

From DGCA directing IndiGo to replace unmodified P&W engines to Karvy denying fund abuse charges, here are the top headlines of the day.

After stake sale, Subhash Chandra quits as Zee Entertainment chairman

Chandra will be non-executive director and 'mentor' to management