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Page 30 - Zee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ZEE shares crash further, down 30% as brokers cut target prices on Sony development

Against a closing value of Rs 231.75 on Friday, ZEE shares fell 29.98 per cent to hit a low of Rs 162.25 on BSE. This was the fresh 52-week low level for the stock, which hit a 52-week high of Rs 299.50 last month on December 12.

Sony puts India s advertisers in a tight spot

The Japanese media giant’s local unit has sent a termination letter to Zee Entertainment Enterprises Ltd. What probably sank the deal was the insistence by Punit Goenka, Zee’s chief executive officer, that he should lead the post-merger entity.

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