BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively.
The restructured team at TIC will maintain a sharp focus on offering technology solutions to enhance content creation, distribution and monetization process, the firm said in a statement.
ZEE optimises costs by terminating 50% TIC staff in Bengaluru, focusing on content enhancement and 20% operating margin goal. Management targets loss reduction from various verticals like Margo Networks, Teleplay & Zindagi, and Hipi.