Saturday, 28 May, 2022
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TopicZEE

Topic: ZEE

Zee signs definitive merger pact with Sony amid shareholders’ feud

Sony will own a 50.86% stake in the merged entity while Zee founders will own 3.99%. The merger will help expand Sony's media business in India where Zee commands 17% of the market.

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.

How media mogul Subhash Chandra managed to beat a US activist fund & hold on to Zee

Sony is merging with Zee. It will control the larger empire & infuse an additional $1.4 bn of cash into it. But the combined entity will be presided over by Punit Goenka, Chandra’s son.

Sony India signs deal to buy Zee Entertainment, will own 53% of merged entity

Move came after Zee shareholders sought removal of key officials. However, Zee CEO Punit Goenka, whose removal was sought, will lead the merged entity.

Here’s how Al Jazeera, BBC, CNN reported on Afghanistan. And how Times Now, Zee, Republic did

While CNN, BBC, Al Jazeera showed notes of restraint, Indian news channels threw caution to the winds and said, ‘Terror group wins Game of Thrones’.

Top mutual funds risk SEBI wrath for giving Zee group more time to repay debt

Zee says its money managers have agreed to extend the repayment timelines on obligations due by September-end.

The A to Zee of media mogul Subhash Chandra’s controversial and colourful life

Trouble is no stranger to serial entrepreneur and Zee-founder Subhash Chandra's life.

On Camera

YourTurn

Pakistan Prime Minister Shehbaz Sharif and former PM Imran Khan | Photos from Facebook

Jinnah said Pakistan would be a ‘laboratory’. Experiments by Imran, Shehbaz prove him so right

If Yasin Malik’s sentence is a call for condemnation, then why is the establishment forgetting Hafiz Saeed? But neither Shehbaz nor Imran Khan would take note.

RBI sets aside more money for rainy day, payout drops

The central bank approved the transfer of 303.1 billion rupees to the government from its surplus funds, a third of the 991.2 billion rupees it had given last year.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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