99.97% haircut? How the scissors worked in the Subhash Chandra caseNCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claim...
How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on orderThe National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writi...
Zee allots Rs 2,639 cr warrants to promoter entity, gets Rs 660 cr upfrontZee Entertainment Enterprises Ltd raised Rs 660 crore through convertible warrants to a promoter group entity. Sunbright Mauritius Investme...
Zee Entertainment allots 20.94 cr convertible warrants to promoter group entityZee Entertainment Enterprises has issued warrants to Sunbright Mauritius Investments Ltd, following the necessary board sanctions and regul...
Stocks in news: Airtel, Paytm, SpiceJet, ONGC and ZEEMarkets extended their losing streak for a fifth consecutive session on Monday. Airtel Payments Bank appointed Shabnam Sinha as its new cha...
SAT allows Zee, Goenka to proceed with warrant issueThe Securities Appellate Tribunal has granted Zee Entertainment and Punit Goenka the go-ahead for a convertible warrants issuance. However,...
Zee Entertainment shares rally 8% after SAT grants interim relief in Sebi orderZee Entertainment's shares experienced a surge following the Securities Appellate Tribunal's grant of interim relief. The tribunal has put ...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended losses as Tata Group stocks tumbled following N Chandrasekaran’s Tata Sons exit, while crude nearing $90 heightened...
Zee seeks clarity on promoter fundraiseZee Entertainment seeks SEBI clarification on its proposed fundraise from promoters. The company also challenged the regulator's market acc...
ETtech Explainer: Why Zee sued Nykaa over Instagram reels and what the fight is really aboutZee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its promotional Instagram reels. In r...
ZEE promoter fundraise plan faces uncertainty after Sebi's market banZee Entertainment's promoter fundraise faces regulatory hurdles after Sebi's market ban. The company and its top executives are prohibited ...
Zee shares tumble 12% after Sebi action against Subhash Chandra, Punit GoenkaZee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one...
Stocks in news: Maruti Suzuki, ITC, ZEE, Persistent Systems, and Muthoot FinanceMarkets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish struct...
Sebi bans Zee's Subhash Chandra, Punit Goenka from markets for a yearSebi has barred Zee founder Subhash Chandra and CEO Punit Goenka from the securities market for one year. This action stems from an unautho...
Zee shareholders approve Rs 3,143 crore promoter fund infusion, ESOP planZee Entertainment shareholders have approved a Rs 3,143.5 crore preferential warrant issue to a promoter group entity, paving the way for h...