India Business News: The Securities Appellate Tribunal (SAT) set aside an April 2021 order passed by Securities And Exchange Board of India (SEBI) that had levied a Rs 25
Zee Entertainment Enterprises on Monday said it formed an interim committee to run operations after ex-chairman Subhash Chandra and CEO Punit Goenka failed to overturn the market regulator s ban on them holding board positions.
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Zee founder Subhash Chandra and his son Punit Goenka used an intricate web of entities to fake recovery of loans and siphoned off funds "for their own benefit", markets regulator Securities And Exchange Board Of India (SEBI) has alleged.