A June probe by the regulator found diversion to the tune of Rs 200 crore through related party transactions, a charge contested by Zee before the Securities Appellate Tribunal.
SEBI investigations against Zee predetermined: Subhash Chandra to FM thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Zee-Sony merger appears on the rocks over Goenka issue - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
SEBI has penalised Unitech Advisors (now Auram Asset Management) for failing to wind up three of its real estate funds CIG Realty Fund I, CIG Realty Fund II, and CIG Realty Fund IV on time. SEBI has ordered the company to immediately wind up the firms and return the unitholders’ funds.