US-based investment firm Invesco, through its arm OFI Global China Fund LLC, offloaded the shares in Zee Entertainment Enterprises Ltd (ZEE...

ET had on August 31 first reported that while CCI had raised some queries regarding the proposed merger, noting that the combined entity wo...

The two groups have agreed to divest Big Magic, which is a Hindi general entertainment channel, as well as Zee Action and Zee Classic, whic...

Pointing out that the market share of Zee has fallen in the last two years, he said a lot of consumers have now shifted from TV to OTT. “On...

Citi and JP Morgan were the book runners for the block deals.

The deal, if it goes through, will help Essel Group further deleverage its balance sheet.

VTB has roped in two global advisors, JP Morgan and Citi, for the planned share sale.

The September-quarter performance reaffirms the fact that ZEE remains the most valued asset in the group.

Shares of Zee Entertainment Enterprises Ltd. have steadied since hitting a 5-yr low Monday.

Zee’s stock declined 2.7 per cent to close at Rs 271.9 on the BSE Wednesday.

Some big MFs ready to give Essel promoters three more months to repay, others against it.

The fund has been a financial investor in Zee since 2002 and currently owns a 7.7 per cent stake in the company.

Currently, Zee Entertainment stock is currently trading at Rs 435 a piece.

Currently, Zee Entertainment stock is currently trading at Rs 435 a piece.

The move, Essel Group said, is to address the capital allocation priorities and will allow ZEE shareholders to capture the full value.

The scrip declined 4.08 per cent to hit a low of Rs 420.30 on the BSE early on Wednesday.

Buy Zee Entertainment Enterprises Ltd. at a price target of Rs 638.0 .