ZEE Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), and Bangla Entertainment Pvt. Ltd. (BEPL) have reached a comprehensive non-cash settlement to resolve all disputes related to their Merger Co-operation Agreement...
ZEE Entertainment Enterprises Ltd. (ZEE), Culver Max Entertainment Pvt. Ltd. (CMEPL) operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment Pvt. Ltd. (BEPL), have arrived at a comprehensive non-cash settlement, amicably resolving all disputes related to the Merger Co-operation Agreement and the Composite Scheme of Arrangement.
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.
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.
If this goes on, Zee will face more losses and shall probably face a hostile takeover from a foreign media company.
And God forbid if this hostile takeover happens, neither Punit Goenka nor his pacifiers will have any say over the decision and they will ultimately have to quit.
If this goes on, Zee will face more losses and shall probably face a hostile takeover from a foreign media company.
And God forbid if this hostile takeover happens, neither Punit Goenka nor his pacifiers will have any say over the decision and they will ultimately have to quit.
Zee group patriarch Subhash Chandra has made serious allegations against SEBI Chairperson Madhabi Puri Buch, accusing her of corruption and bias. Chandra claims this bias influenced the Zee-Sony merger and has halted cooperation with SEBI. Chandra is exploring legal action and calls on other...