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Zee vs Invesco: Goenka says he's 'disappointed' how the current situation is unfolding

Goenka says as a law-abiding citizen and a representative of a responsible corporate citizen, he has complete faith in the judicial and regulatory system. ....

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Invesco refutes Punit Goenka's allegations of pushing Zee's merger with an Indian group

In a statement released on Wednesday, Invesco stated that the assertion made by ZEEL's MD and CEO Punit Goenka "simply defies logic." ....

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Zee - Invesco: Was Only Facilitating Merger Between Zee Entertainment And Reliance Industries Entities: Invesco

It's now clear that earlier in the year a proposal was being discussed to merge Zee Entertainment Enterprises Ltd. with media entities belonging to Reliance Industries.

Punit Goenka had, in a letter to the Zee Entertainment board, released on Oct. 12, alluded to such a proposal brought to him by representatives of Invesco Developing Markets Fund. ....

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In February, Zee Entertainment's largest shareholder had proposed a merger with Reliance Industries

The proposal, which had been refused by CEO Punit Goenka, involved Goenka continuing as MD and CEO of the merged entity. ....

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Reliance had courted Zeel for media business transaction, says Invesco

Reliance had courted Zeel for media business transaction, says Invesco
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