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Zee Entertainment

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs
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ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs

ZEE’s managing director and chief executive officer (CE), Punit Goenka ZEE Entertainment Enterprises Ltd (ZEEL) on Friday has initiated a 15 per cent cut in its workforce, the company…
Posted by Xavier April 5, 2024
Zee Entertainment lays off 50% employees at Bengaluru’s tech unit
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Zee Entertainment lays off 50% employees at Bengaluru’s tech unit

Punit Goenka, MD & CEO, ZEEL Zee Entertainment Enterprises has laid off 50 per cent of its staff at its Technology & Innovation Centre (TIC), Bengaluru in order to optimise…
Posted by Xavier March 29, 2024
Zee MD & CEO Punit Goenka revamps revenue vertical, Rahul Johri resigns
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Zee MD & CEO Punit Goenka revamps revenue vertical, Rahul Johri resigns

Zee’s MD and CEO Punit Goenka Zee Entertainment Enterprise Ltd on Saturday announced the resignation of Rahul Johri and changes in the revenue vertical of the broadcast business implemented by…
Posted by Xavier March 9, 2024
Another blow to Zee Entertainment: Sebi uncovers 1 mn accounting issue
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Another blow to Zee Entertainment: Sebi uncovers $241 mn accounting issue

By Anto Antony and Saikat Das   India’s market regulator has found a hole of more than $240 million in the accounts of Zee Entertainment Enterprises Ltd., dealing…
Posted by Xavier February 21, 2024
NCLT issues notice on Zee’s plea seeking directions for Sony merger
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NCLT issues notice on Zee’s plea seeking directions for Sony merger

National Company Law Tribunal (NCLT) on Tuesday issued notice in a plea filed by Zee Entertainment Enterprises Ltd (ZEEL), which sought directions to enforce its merger with Sony, according to…
Posted by Xavier February 6, 2024
We are free to go to India tribunal to enforce Sony merger deal: Zee
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We are free to go to India tribunal to enforce Sony merger deal: Zee

Zee Entertainment can ask an Indian tribunal to enforce a $10 billion merger with Sony's Indian unit after a Singapore arbitration centre rejected an emergency petition by the Japanese…
Posted by Xavier February 5, 2024
We are free to go to India tribunal to enforce Sony merger deal: Zee
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SIAC cites lack of jurisdiction, rejects Sony’s plea against Zee Ent

The Singapore International Arbitration Centre on Sunday rejected the emergency arbitration petition filed by Japanese major Sony against Zee Entertainment Enterprises over their failed merger, citing lack of jurisdiction,…
Posted by Xavier February 4, 2024
We are free to go to India tribunal to enforce Sony merger deal: Zee
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Sony scraps $10 bn merger as Zee failed to meet financial terms: Report

Zee was "unable to realistically assess the timeline required to resolve all the outstanding issues," Sony's termination notice stated | Photo: Bloomberg Sony scrapped the $10 billion merger of its…
Posted by Xavier January 29, 2024
We are free to go to India tribunal to enforce Sony merger deal: Zee
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Before Sony merger collapse, Chandra blamed Sebi for trying to scuttle deal

He further said: "If the mentioned parties continue to influence the investigations, especially by SEBI, it will lead to a huge financial loss for the minority shareholders of ZEE" |…
Posted by Xavier January 24, 2024
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