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The Bombay High Court on Thursday asked Subhash Chandra-founded Zee Entertainment Enterprises to call an EGM or a shareholders’ meeting as requisitioned by the company's largest shareholder Invesco.
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Tag: zee
Zee announces channel rates; keeps Zee TV, some driver channels out of bouquets
Zee Entertainment announced Sunday the rates of its TV channels to conform to regulator TRAI’s tariff regime (NTO 2.0), but has priced some driver channels like Zee TV and Zee Bangla (both SD and HD versions) o...
Punit Goenka: There was ‘valuation imbalance’ in earlier merger proposal
Punit Goenka, the soft-spoken chief of Zee Entertainment, on Thursday said he did not agree to an earlier merger proposal brought in by foreign investor Invesco as there was imbalance in valuations of ...
Reliance admits was in talks earlier with Zee for merger; denies hostile takeover bid
In the season of statements, the latest one has come from billionaire Mukesh Ambani’s Reliance Industries Ltd. (RIL), followed by another one from Invesco that owns around 18 percent of Zee Entertainment.
Reliance on Wednesday admitted, earlier in the year, it was in fact in talks wi...
Zee accuses Invesco for hypocrisy
India's Zee Entertainment on Tuesday said top shareholder Invesco's opposition to a proposed merger of the TV network with Sony's India unit is hypocritical because the U.S. investment firm pitched a deal with similar terms earlier this year. Invesco's "stance... runs contrary to the very deal Invesco was proposing itself a few months ago," Z...
Zee gets two weeks to reply in case relating to investors’ demands
India's companies court NCLT on Friday gave Zee Entertainment two weeks to file its reply in a case brought by two institutional investors for a meeting of shareholders to discuss an overhaul of top management and the board of directors.
Invesco Developing Markets Fund and OFI Global...