At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.
The auction is being conducted through web portal pmmementos.gov.in and it has one section that lists items under the head 'Most Participated Auction'.
The Congress on Wednesday cancelled its four marathon races listed this week and also decided not to hold any big rallies in poll-bound Uttar Pradesh amid rising cases of the novel coronavirus infection.
Claiming that the BJP is "planning to change Bengal into Gujarat", she said, "I am ready to go to jail but will not allow it to happen."
Muhammed Muhsin (posthumous) of Kerala has been named for the Sarvottam Jeevan Raksha Padak 2020.
If the six MLAs voted against the party whip, they were liable for disqualification from the assembly.
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
As vice president and ex-officio chairman of the Rajya Sabha, Jagdeep Dhankar is inheriting a troubled legacy. Although the government faces no real numerical challenges in the Upper House, political and legal challenges are there aplenty.
Seeking to consolidate its position in Rajya Sabha, the Bharatiya Janata Party is banking on independents for four additional seats and is seeking to capitalise on the infighting within the Congress in as many states in the June 10 biennial election.
Rescuers on Monday recovered 20 bodies from the wreckage site of the Tara Air plane that crashed in Nepal's mountainous Mustang district on Sunday with 22 people on board, including four Indians, minutes after taking off from the tourist city of Pokhara, officials said.
Zee Entertainment Enterprises Ltd on Wednesday approached the National Company Law Appellate Tribunal (NCLAT) against the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of managing director Punit Goenka. The media major has challenged the orders of Mumbai-bench of the National Company Law Tribunal, which had on Tuesday directed Zee Entertainment Enterprises Ltd (ZEEL) to filed reply over the petition filed by its minority shareholders by October 7 (Thursday), the next date of hearing. Confirming the development, a ZEEL Spokesperson said: "The company has moved NCLAT in accordance with the due process available under the law."
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
Entertainment may be its raison d'etre but the tears brought about by cinema are no less significant.
One person was confirmed dead after a private boat heading to Majuli sank on Wednesday evening, following a head-on collision with a government-owned ferry near Nimati Ghat in Jorhat district.
RLD sources said that the party chief was "taken aback" by the SP's delay in announcing his name as the candidate for the Rajya Sabha elections.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
Members of allies, the Bharatiya Janata Party and Lok Janshakti Party, were left out from the cabinet expansion.
In some Bihar constituencies, candidates named Ram are fighting each other.
G C Murmu rarely speaks in public and when he does, his statements are always in lockstep with the thinking within this government.
Rajasthan Assembly Speaker C P Joshi confirmed that disqualification notices have been sent out Tuesday on the basis of the complaint made by the party. The dissidents have to reply by Friday.
The polls were deferred due to the spread of coronavirus.
The Bharatiya Janata Party on Sunday unveiled its manifesto for the West Bengal elections, promising to build a 'Sonar Bangla' by providing employment, strengthening social security schemes and vowing to clear the implementation of the Citizenship Amendment Act in the first cabinet meeting of the new government.
Gehlot and Pilot, however, dismissed suggestions that there was any infighting among the state leaders and asserted that they will unitedly take on the BJP.
Apprehending that some of its MLAs may not toe the party line, especially as BJP-backed Chandra had claimed support of at least two INLD MLAs, a dozen-odd legislators of the party were on Monday sent off to the hill station in Uttarakhand.
Lavasa said, 'My view is very clear that transparency is important ... minority view should be included and there should be time-bound procedures'.
The BJP-led alliance in Assam is all set to form the government for the second successive term winning 72 of the 102 seats declared so far and is leading in three others.
Patnaik, won his his home turf Hinjili by over 60,000 votes, while he was leading from Bijepur till early on Friday morning.
Delhi police on Friday filed a charge sheet in a city court against six Delhi University professors in the 2010 Mayapuri radiation case for endangering lives by auctioning an radioactive gamma irradiator without following mandatory precautions.
Mentioning the chief minister's statement about people surrounding the Raj Bhawan over Mishra not summoning a session of the state assembly, the BJP said it was an attempt to "terrorise" the governor's office.
The farm bills passed by Parliament mark the watershed in the liberation of India's farming community from the shackles of exploitative practices that slow-pedaled their progress, the former civil servants said.
Amazon Prime Video has doubled its content investments in India and announced as many as 41 new titles in Hindi, Tamil, Telugu and English, thereby throwing an open challenge to their streaming competitor, Netflix.
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
Chief Minister Mamata Banerjee had last week announced the scheme, and said many priests were reeling under financial crisis and her government was doling out sops to support them. "The Cabinet has given its nod to the 'Rajya Purohit Kalyan Prokolpo' which the chief minister had announced a few days ago," state home secretary Alapan Bandyopadhyay said at the secretariat.
As results pour in for the four states -- West Bengal, Tamil Nadu, Kerala and Assam -- and one Union Territory -- Puducherry - here's a glimpse at the leaders who are trailing and those who are leading.
The fourth phase of the Lok Sabha elections will go to polls on April 29. The voting will be held for 71 seats spread across 9 states.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
In an online chat, overseas education consultant NNS Chandra shared career advice with readers.
The letter from the Uttar Pradesh veterans comes days after 23 senior Congress leaders wrote to Gandhi, saying uncertainty over the party leadership has 'demoralised Congress workers'.
