Page 65 - Zee News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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The Zee-Sony merger in India has taken a dramatic turn. Neither the resignations of independent directors nor the demands raised by institutional investor Invesco prevented the merger agreement from being inked in 2021. However, an interim order from SEBI based on the past complaints raised by the independent directors has the potential to derail or delay the merger. While Zee has appealed against the order, its MD Puneet Goenka has shown a willingness to step down for the merger s success. The drama surrounding the Zee-Sony merger is intense, with high stakes involved. Host Kiran Somvanshi delves into the fate of the merger and the potential consequences of a failed deal and sheds light on the financial, legal, and governance aspects. We speak to - Hetal Dalal, President & Chief Operating Officer - Institutional Investor Advisory Services India Limited; Ashish Kumar Singh, Managing Partner, Capstone Legal; Karan Taurani, Senior Vice President - Research Analyst (Media, Consumer Di ....
The Securities Appellate Tribunal (SAT) on Tuesday reserved order in the Zee Entertainment Enterprises plea, challenging market regulator Sebi s interim order. SAT had deferred the hearing of the plea on Monday to June 27. ....
On June 19, the SAT had refused to give any interim relief to Chandra and Goenka after the markets regulator barred them from holding the position of a director or key managerial personnel in any listed company or allegedly siphoning off funds of the media firm. ....