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Wednesday, September 3, 2025
TopicZee Entertainment

Topic: Zee Entertainment

Sony-Zee merger to create media giant valued at $10 billion, Punit Goenka says

Zee’s managing director and CEO Goenka said the revenue will certainly approach almost $2 billion & that he expects all the necessary approvals to come in 8-10 months.

Why Invesco versus Zee could be another shareholder activist challenge to falter in Asia

Indian business landscape favours firms that are either substantially owned by a family, or controlled by a multinational. To come out ahead, Invesco might need to tweak its tactics.

In relief for Zee, Bombay HC restrains Invesco from requisitioning shareholders meeting

Investors Invesco and OFI Global China had sent a requisition to call for an extraordinary general meeting of shareholders for the removal of CEO Punit Goenka from the company’s board.

How Subhash Chandra is fighting to keep control of his media empire

The 70-year-old tycoon risks losing control just as Zee’s prospects are looking up. The media mogul is looking for ways to raise his family’s shareholding.

Zee’s biggest shareholder Invesco explores deal with Reliance to revive television network

The move by Invesco comes amid a bitter battle between share-holding firm and Zee CEO Punit Goenka, with the former trying to oust the latter.

Invesco trying to take over Zee in clandestine manner, founder Subhash Chandra alleges

SEBI and corporate affairs ministry must probe the intentions of Invesco and OFI Global China, Chandra said in an interview to Zee News, a channel owned by his firm.

Zee will not hold shareholders meeting, risks escalating standoff with Invesco

Zee said the requisition notice is not valid, as it suffers from multiple legal infirmities. The refusal sets the stage for a legal tussle.

Zee sells 11% stake to clear debt, still short of Rs 6,800 crore

Zee’s stock value is dropping as tycoon Subhash Chandra and his Essel Group work to clear an outstanding debt of about Rs 11,000 crore with shares pledged as collateral.

James Murdoch’s Comcast consortium eyes stake in Zee Entertainment

A deal would give Comcast, Lupa & Blackstone control of Zee’s content & its online platform ZEE5, which offers films & over 90 tv channels.

Mukesh Ambani and Sunil Mittal to compete for stake in Zee’s online content

A successful deal will help the winning bidder add a slew of video services to their OTT platforms as the government prepares to auction 5G airwaves this year.

On Camera

On Arundhati Roy, mother-daughter conflicts, and the burden of being a ‘good mother’

When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Loyal wingman’ to full ICBM triad & air defence, China’s show of power at Victory Day parade

China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.