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While Goenka’s plan included recalibration of cost structure for businesses such as OTT or the implementation of content and tech strategies to drive revenues, certain outputs of the firm will also need to be curtailed to improve revenues and margins. ....
Sony had last month terminated the $10 billion merger of its Indian arm with Zee Enterprises, saying that Zee did not meet the conditions precedent among them financial management and recovery of dues from the related party. ....
Zee Entertainment Limited has denied a media report that the Securities and Exchange Board of India (SEBI) is investigating statements by Zee group founder Subhash Chandra about the promoter family s plans to increase its stake in the company. The company stated that it is not aware of any information that has not been announced to the exchanges, and that the statement quoted in the news article does not represent a decision or proposal that has been considered or approved by the Board. ....