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17.12.2023 / 13:45

Zee Asks for Date Extension to Complete Merger With Sony

Zee Entertainment Enterprises and Sony‘s Indian TV businesses, which has been nearly two years in the making, is likely to be delayed further. The merger agreement was signed in December 2021 and the cut-off date for completion was Dec. 21, 2023.

Subhash Chandra India Entertainment reports information Sony CEO Enterprise Cooper

02.09.2024 / 13:28

Zee Group’s Subhash Chandra Accuses Indian Regulatory Chief of Sinking Company’s Merger With Sony

Subhash Chandra, chairman emeritus of Indian media giant Zee Entertainment Enterprises Ltd (ZEEL), has accused Madhabi Puri Buch, chair of regulator Securities and Exchange Board (SEBI) of scuppering the Sony-ZEEL merger. In a press conference on Monday, Chandra alleged that Buch is “corrupt” and “vindictive” and that Zee’s issues with SEBI was the “main reason” that the merger fell apart. In June 2023, SEBI barred ZEEL MD-CEO Punit Goenka and Chandra from holding any managerial or directorial positions in listed companies.

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23.02.2024 / 13:15

India’s Zee Appoints Advisory Committee to Curb ‘Misinformation’ and ‘Erosion of Investor Wealth’ After Reports of Financial Irregularity

Naman Ramachandran Indian media giant Zee Entertainment Enterprises Limited (ZEEL) is setting up an advisory committee in the wake of recent allegations about the company’s financial transactions. In 2023, Indian regulator Securities and Exchange Board (SEBI) barred MD-CEO Punit Goenka and ZEEL chair emeritus Subhash Chandra from holding management positions in listed companies while it carried out investigations into allegations of insider trading and fund siphoning. Goenka appealed the order with India’s Securities Appellate Tribunal (SAT) and the ban was lifted.

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31.10.2023 / 13:05

Zee-Sony Merger Back On Track; JFK Doc Set For Channel 5/Paramount+; BBC Studios Doc Unit Hire; Alauda Ruiz De Azúa Series For Movistar Plus+ — Global Briefs

Zee-Sony Merger Back On Track

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29.09.2023 / 06:29

Sony-Zee Merger Delayed – Global Bulletin

Naman Ramachandran The proposed merger between Indian powerhouse Zee Entertainment Enterprises and Sony‘s Indian TV businesses, which has been nearly two years in the making, is likely to be delayed further, Sony said in a filing on Friday. The companies cleared a key regulatory hurdle in August, but there are other matters pending, especially that of leadership. The original plan had foreseen that Zee’s CEO Punit Goenka would be its captain, while Sony would own a 51% controlling stake.

Subhash Chandra India Entertainment reports Sony CEO Progressive Enterprise Oscar

14.08.2023 / 13:29

Will the Sony-Zee Merger Be a Turning Point in Indian Media, or Another Milestone in the Decline of Linear TV?

Zee Entertainment Enterprises and Sony’s Indian TV businesses has been nearly two years in the making, but finally cleared a key regulatory hurdle on Thursday. The combined companies have the potential to create a giant in broadcast TV — a sector that is still paramount in India — and are valued at $10 billion. Last week’s other tremblor was news from Burbank that Disney+ Hotstar, India’s streaming market leader, had lost 12.5 million subscribers, following the loss of key sports rights to a competitor.

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10.08.2023 / 08:39

Mega Merger Of Sony & Zee In India Given Greenlight

The Indian mega-merger between Sony’s TV operations in India and Zee Entertainment has been given the greenlight, paving the way for a $10B TV partnership.

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21.06.2023 / 07:17

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 / 06:07

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 / 15:17

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.

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manchestereveningnews.co.uk

29.08.2022 / 09:51

What is 'tomato flu' as little-known illness infects 82 children

Medics have warned of a new virus appearing to infect children and result in a painful rash. Named the "tomato flu", the virus is reported to have already infected 82 children, mostly under the age of five, says the Daily Record .

Subhash Chandra India reports virus infection

Facts About Subhash Chandra

Who is Subhash Chandra?

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