NCLT dismisses IDBI Bank's insolvency plea against Zee EntertainmentThe National Company Law Tribunal on Friday dismissed IDBI Bank's insolvency plea against Subhash Chandra promoted Zee Entertainment Enterp...
19 May, 2023, 11.38 AM IST
Invesco Global exits ZEEL after Rs 1,004 crore-stake sale via block dealHowever, the fund ran into a spat with the company following the latter’s deal to merge business with Sony Pictures. In late 2021, the fund...
17 Apr, 2023, 09.03 PM IST
Zee Ent’s Punit Goenka pays Rs 50 lakh to settle insider trading case with SEBIIndusInd Bank in its plea claimed a default of Rs 83.08 crore against the media and entertainment firm promoted by Subhash Chandra.
13 Apr, 2023, 08.38 PM IST
IndusInd gets nod to withdraw ZEE insolvency process pleaThe Mumbai bench of the National Company Law Tribunal (NCLT) has now posted the matter about the approval of the merger between Zee Enterta...
31 Mar, 2023, 12.04 AM IST
Booster Shot! Settlement with IndusInd Bank lifts Zee Ent shares to 1-month highThe insolvency plea by IndusInd Bank against Zee had raised questions over the smooth merger of the company with Sony Pictures, which was a...
29 Mar, 2023, 01.56 PM IST
Zee Entertainment, IndusInd Bank settle dispute over duesZee Entertainment Enterprises Ltd and IndusInd Bank Ltd told the NCLAT on Wednesday that the two companies have settled a dispute over dues...
29 Mar, 2023, 01.47 PM IST
Zee Entertainment likely to repay IndusInd $10 million to wrap Sony dealZee Entertainment Enterprises Ltd. has agreed to repay dues owed to IndusInd Bank Ltd. as it seeks to resolve insolvency proceedings initia...
16 Mar, 2023, 01.50 PM IST
ZEEL shares slump 10% despite NCLAT relief. Here's whyDuring the proceedings, senior advocate Mukul Rohatgi representing ZEEL, submitted that insolvency was initiated against the media firm for...
27 Feb, 2023, 12.41 PM IST
Zee gets breather as NCLAT stays insolvency processThe appellate tribunal has posted the matter for hearing on March 29. Zee Entertainment managing director Punit Goenka on Thursday petition...
25 Feb, 2023, 06.22 AM IST
Zee Entertainment shares rise 3% after NCLAT stays insolvency proceedingsThe matter pertains to a default of Rs 83 crore by Siti Networks, a sister company owned by Essel Group. IndusInd Bank invoked the guarante...
24 Feb, 2023, 01.46 PM IST
IndusInd taking Zee to NCLT is a joke, appears to be holding it to ransom at moment of merger: Shriram Subramanian"I do not think the Zee-Sony merger will get substantially delayed or delayed at all. If anything, between now and March, when NCLAT hears ...
24 Feb, 2023, 01.38 PM IST
How Zee Ent can salvage its deal with Sony, experts weigh inIn what is likely to complicate merger plans for the Essel Group, the bankruptcy court on Wednesday admitted Zee Entertainment & Siti Group...
23 Feb, 2023, 11.37 AM IST
Zee Entertainment sinks up to 14% on insolvency admissionThe Mumbai Bench of the National Company Law Tribunal (NCLT) on Wednesday admitted an insolvency petition media company Zee Entertainment E...
23 Feb, 2023, 11.36 AM IST
NCLT to hear Zee lenders' pleas against merger in JanuaryThe Mumbai bench of the National Company Law Tribunal (NCLT) consisting of HV Subba Rao and Satya Ranjan Prasad has granted IndusInd Bank, ...
24 Dec, 2022, 01.12 AM IST
IDBI drags Siti Networks to bankruptcy courtSiti owes a group of nine lenders a total of Rs 850 crore. Earlier this year IndusInd Bank and Housing Development Finance Corp Ltd (HDFC) ...
15 Dec, 2022, 08.20 PM IST
Zee asks NCLT to dismiss IndusInd's insolvency pleaThe homegrown entertainment company said it had on Monday filed an interlocutory application before the NCLT for dismissal of IndusInd Bank...
23 Feb, 2022, 01.21 PM IST
IndusInd Bank drags Zee Entertainment to NCLT over Rs 89 crore defaultOn Friday, the company informed the stock exchange in a late evening stock exchange filing that the private sector lender has approached th...
05 Feb, 2022, 11.19 AM IST