Zee News
Zee Entertainment Q3 profit soars 180% to ₹164 crore, revenue falls
Advertising revenue declines 8% on-year due to the sluggish festive season as a consumption slowdown resulted in lower advertising spends by the FMCG sector.
1 min read23 Jan 2025Zee Media share price gains 2.5% on redeeming non-convertible debentures worth ₹230 crore
Stock Market Today: Zee Media Corporation share price remains in focus on Thursday as it has announced the redemption of Non-Convertible Debentures (NCDs) worth ₹230 crore.
1 min read16 Jan 2025Sebi clubs fund diversion, disclosure violation probes against ZEE, Punit Goenka and Subhash Chandra
The Securities and Exchange Board of India has merged investigations against Zee Entertainment and its top executives over fund diversion and disclosure violations.
1 min read2 Jan 2025NFRA penalises Deloitte for alleged lapses in ZEEL audit, debars two partners
NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.
3 min read24 Dec 2024ZEEL share price surges over 6% as shareholders reject Punit Goenka’s reappointment as director
Zee Entertainment’s shareholders voted against the reappointment of Punit Goenka as a director. While 49.54% of the votes were in favour, 50.46% voted against the resolution, resulting in its rejection.
1 min read29 Nov 2024Shareholders vote out Punit Goenka as Zee director
Goenka will continue as CEO. However, for the first time since Subhash Chandra founded Zee in 1992, none of his family members remain on the board of any of the four listed Zee companies.
2 min read28 Nov 2024Punit Goenka confident about ZEE’s growth amid legal and industry challenges
While television remains the largest contributor to both revenue and margin, Goenka stated that digital and music businesses are poised for faster growth
3 min read28 Nov 2024LIC, mutual funds opposed Punit Goenka as Zee MD
Goenka said he wanted to focus entirely on his operational responsibilities and offered to continue as CEO. The decision followed the view expressed by LIC, its largest shareholder, as well as recommendations by two proxy advisors to reject his candidature.
5 min read27 Nov 2024Zee Entertainment share price surges 8% as Punit Goenka quits as firm’s MD
Zee Entertainment’s shares rose 8% after Punit Goenka resigned as Managing Director while remaining CEO.
2 min read19 Nov 2024IiAS and InGovern recommend investors reject Zee CEO Goenka’s candidature
The opposition from the proxy advisory firms—Institutional Investor Advisory Services (IiAS) and InGovern Research Services—will make it an uphill battle for Goenka to retain the top job at the company his father Subhash Chandra founded in 1992.
1 min read18 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared