Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
Last week, Sony Pictures Networks India (now called Culver Max Entertainment) ended its merger proposal with Zee Entertainment Enterprises Ltd (Zee) which was signed on 22 December 2021. The market had already got wind of it and so the stock started weakening from around Rs278 on Monday, 8th January.
India Business News: On September 13, the Serious Fraud Investigation Office (SFIO), in cooperation with the Mumbai Police, arrested Nalin Prabhat Panchal, a chartered acc
SFIO Arrests Hyderabad CA In Demonetisation Fraud Case menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Officials of the Serious Fraud Investigation Office (SFIO), Ministry of Corporate Affairs, in collaboration with the Commissioner of Police, Mumbai, have arrested Nalin Prabhat Panchal, a Chartered Accountant, for failing to honour the summons .