In Monday s trading session, the following five stocks witnessed a build of fresh short positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh short position or not.
ZEE Entertainment institutional investors seek removal of MD Punit Goenka; call for EGM today : Rashtra News Punit Goenka is the son of Essel Group Chairman Emeritus Subhash Chandra. (Image: REUTERS)Zee Entertainment Enterprises (ZEE) major institutional investors Invesco Developing Markets Fund and its subsidiary OFI Global China Fund LLC have called for the removal of Managing
ZEE said it is focused on adopting a frugal approach, as it moves forward towards the set goals for the future. Goenka said it is imperative to adapt as per the situation and at this point in time, ‘accountability & agility’ is the need of the hour.
Zee Entertainment Enterprises announced on Tuesday the formation of a committee to assess its management s business performance and offer guidance. This follows recent failed entertainment deals, including a scrapped $10 billion merger with Sony India and a $1.4 billion cricket broadcasting agreement with Star India.
RIL will be having a 16.34 per cent stake, Viacom18 46.82 per cent and Disney 36.84 per cent. Viacom18 is a subsidiary of TV18 Broadcast Ltd, which in turn is a subsidiary of Network18 Media & Investments Limited.