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The pay cut comes as the broadcaster tries to trim losses in some of its businesses, including its English TV channels, and reduce costs to meet a key profit target, as instructed by a newly formed review panel last week ....
Zee Entertainment Enterprises CEO & MD Punit Goenka and the promoter family can continue to call the shots with a tiny equity stake. Financial institutions may wait for Goenka to find a white knight and for Sebi s final report and court decision. Depromoterisation is voluntary, but the promoters and CEO of Zee want to continue. Shareholders rarely push for change due to a lack of activism in the corporate landscape. ....
The SAT found that continuing the interim order was harsh and unwarranted, especially given SEBI's "track record" of not completing investigations on time. ....
Best Media Info: Punit Goenka, CEO of Zee Entertainment Enterprises, has approached the National Company Law Appellate Tribunal seeking relief against the company's admission to insolvency| Television News ....
Best Media Info: The Mumbai Bench of the National Company Law Tribunal (NCLT) Wednesday admitted private sector lender IndusInd Bank's insolvency plea against Zee Entertainment Enterprises| Television News ....