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Delhi HC seeks Zee’s reply on Aditya Birla Finance plea in ₹134-cr loan disputeThe Delhi High Court is reviewing a dispute between Aditya Birla Finance (ABFL) and Zee Entertainment over a Rs 134 crore loan to Siti Netw...- Star can't stop TV signals to Essel-backed Siti, for nowRohit Mehra, the resolution professional (RP) managing the insolvency proceedings against Siti, moved the NCLT, seeking directions to restr...
- Aditya Birla Finance-Siti dispute: SC upholds Delhi HC's order, refers Rs 150 cr dispute to arbitrationThe Supreme Court has upheld the Delhi High Court's order in the Aditya Birla Finance-Siti Networks Ltd dispute, requesting arbitration. Th...
- NCLT admits Aditya Birla Finance's insolvency plea against Siti Broadband ServicesIn 2020, Siti Broadband had availed of a loan of ₹5 crore from Aditya Birla Finance, to be repaid in 19 quarterly instalments after a morat...
- ZEE, Standard Chartered ink pact to settle Siti loan default issue"We wish to inform that Standard Chartered Bank (the Bank) had sanctioned certain credit facilities to Siti Networks Limited (the Borrower)...
- Zee enters into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti NetworksZee Entertainment Enterprises Ltd (ZEEL) on Thursday said it has entered into a one-time settlement agreement with Standard Chartered Bank ...
- HC refers Siti Networks' Rs 150-cr loan default case to arbitrationIn 2017, Aditya Birla Finance had extended a term loan of ₹150 crore to Siti Networks under a credit arrangement letter. According to the l...
- 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...
- 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) ...
- SITI Network's total default at Rs 913 crore in second quarter of FY23SITI Networks, previously known as SITI Cable Network, is a part of the Essel Group. "...the company is in discussions with its bankers for...
- HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr"The company has received the notice of the said case on April 13, 2022," the Essel group firm said adding it "is compiling information to ...
- Siti Networks Q3 Results: Net loss at Rs 61.56 crIts revenue from operations was down 6.16 per cent to Rs 365.22 crore during the quarter under review as against Rs 389.20 crore in the cor...
- Siti Network posts loss of Rs 103.94 cr in Q4Total expenses of the Essel group company were at Rs 471.27 crore in Q4/FY 2020-21.
- Hinduja Group's HITS platform signs infrastructure sharing deal with Siti NetworksThe deal will allow Siti Networks to deliver their services in markets where conventional connectivity remains a challenge
- Siti Networks Q1 results: Firm posts nest loss of Rs 46 croreIts total income during the quarter under review stood at Rs 382.84 crore. It was Rs 394.67 crore in the corresponding quarter last fiscal,...
- Essel group firm Siti Cable Network Q4 net profit at Rs 24 croreThe company had posted net loss of Rs 34.12 crore in the corresponding quarter of the previous fiscal, 2014-15.
- SITI Cable in talks to acquire DEN; deal pegged at Rs 2,000 crore"SITI wants to expand its footprints via inorganic route and is talks with DEN. This will give it a strong foothold in Delhi and Uttar Prad...
- Siti Cable plans to raise up to Rs 680 croreIt will also acquire 49 per cent equity stake each in Siti Faction Pvt Ltd and Siti Jony Digital Cable Network Pvt Ltd, respectively.
- Siti Cable seeks shareholders' approval to raise up to $100 millionSiti Cable Network Ltd has sought shareholders' approval to raise up to Rs 642 crore through issuance of equity shares.
- Siti Cable's loss widens to Rs 34.12 crore in January-March quarterEssel group firm Siti Cable today reported widening of its consolidated net loss to Rs 34.12 crore for the quarter ended March 31, 2015.
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