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10.03.2024 / 05:59

India’s Zee Chief Punit Goenka to Work Directly With Broadcast Revenue Team After Unsuccessful Sony Merger

Naman Ramachandran Punit Goenka, MD and CEO of Indian media giant Zee Entertainment Enterprises Ltd, will now work directly with the revenue department of the company’s broadcast business. Ashish Sehgal, chief growth officer, advertisement revenue, will now directly report into Goenka. Rahul Johri, who led the revenue and monetization vertical, has stepped down after a three-year stint with Zee.

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21.06.2023 / 09:17

Sony Taking Indian Regulator Order Over Planned ZEE Merger “Very Seriously”

Sony Pictures Entertainment is taking an interim regulatory order against ZEE Entertainment directors Subhash Chandra and Punit Goenka “very seriously,” despite concerns over what it could mean for the two companies’ merger.

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21.06.2023 / 08:07

Sony Taking ‘Very Seriously’ Indian Regulator’s Order Barring Zee Top Management Ahead of Merger

Zee Entertainment Enterprises (ZEEL) top brass from holding any managerial or directorial positions, Sony has responded. On June 12, SEBI barred Punit Goenka and Subhash Chandra, MD-CEO and chairman emeritus respectively, of media giant ZEEL, from holding any managerial or directorial positions in listed companies. The suspension is while SEBI carries out investigations into allegations of insider trading. ZEE has challenged the SEBI order at the Securities Appellate Tribunal and the matter will be heard on June 26.

Punit Goenka Subhash Chandra India Entertainment reports Inside Sony CEO Enterprise

12.06.2023 / 17:17

Indian Regulatory Body Bars ZEE’s Punit Goenka, Subhash Chandra From Holding Management Positions as Sony Merger Looms

Zee Entertainment Enterprises (ZEEL) MD and CEO Punit Goenka and chairman emeritus Subhash Chandra from holding any managerial or directorial positions in listed companies. The suspension is while SEBI carries out investigations into allegations of insider trading. On Thursday, SEBI, which is set up to “protect the interests of investors in securities and to promote the development of and to regulate the securities market” issued an interim order naming Goenka and Chandra as “noticees.” The detailed 16-page notice, of which Variety has obtained a copy, makes multiple reference to “siphoning” of funds.

Punit Goenka Subhash Chandra India Entertainment Inside Sony CEO Party Enterprise

23.11.2021 / 09:49

Zee Chief Punit Goenka Unpacks Sony Merger Deal, Streaming Growth, IPL Bid Plans – APOS India

Naman Ramachandran Punit Goenka, MD and CEO of India’s Zee Entertainment Enterprises Limited, has shed light on the proposed merger with Sony Pictures Networks India.Delivering the keynote address at media conference APOS India, Goenka revealed that the merger is in the “final stages of stitching up.”“I certainly believe that consolidation is going to benefit the industry overall,” said Goenka. “Zee and Sony will form the largest media entertainment player in the country.

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21.10.2021 / 16:35

Zee Bends to Investor Demand for Shareholder Meeting After Court Ruling

Naman Ramachandran India’s Zee Entertainment Enterprises finally agreed on Thursday to investment firm Invesco’s long-pending demand for an extraordinary general meeting (EGM) of shareholders, after the Bombay high court agreed to allow the group a week to contest the resolution passed.Zee will set a date for the meeting on Friday.The Atlanta-based Invesco fund, which holds 18% of Zee shares has been calling since Sept. 11 for an EGM that would remove CEO Punit Goenka, who, along with his family holds a 4% share in the company, and add six directors of its choosing to the board.However, on Sept.

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