The $10 billion merger of Zee entertainment enterprises and and Japan's Sony corp would have created one of the India's largest media networks. But, this deal collapsed with an acrimonious ending, sending Zee's stock plummeting and Sony standing with a $90 million termination fees demand. Watch.
24 Jan 2024The stock was at ₹250.10, down 5.5% on the BSE. During the day the stock fell to ₹239.85 a shareAnalysts still have a buy rating on the stock as they find valuations of Zee Entertainment attractive
2 min read18 Oct 2019PNB, Sun Pharma, SpiceJet, Adani Transmission, IRB Infrastructure, NMDC will declare their March quarter earnings todayTrade concerns also remain high on investors’ list of concerns
1 min read28 May 2019Zee Entertainment Enterprises shares closes at ₹409.40, up ₹12.75 or 3.21%, on TuesdayBrokerage firm Macquarie says presence of five suitors, mostly global, reaffirms its view that there is a lot of interest in Zee at current valuations
2 min read23 Apr 2019“Negative forces have attacked the price, with an intention of sabotaging ZEE Entertainment’s sale process,” says Chandra “The debt burden is purely at the promoter level, which is reflecting negatively on the companies,” wrote Chandra
4 min read26 Jan 2019Realizing that the broadcasting business is changing rapidly, Zee seeks to embrace a global technology partner. Will it work?
9 min read10 Dec 2018A decline in costs led to the profitability surprise, as overall revenue growth was just 3.4% compared to a year ago
2 min read26 Jan 2017The 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