Two investment firms, together accounting for 17.88 per cent of the paid-up share capital of Zee Entertainment Enterprise Ltd (ZEEL), have sought the removal of the current managing director Punit Goenka from the board of the company. The two investment firms are -- Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, the largest shareholder of ZEEL. The two firms have called an extraordinary general meeting of shareholders seeking to remove Punit Goenka.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Amid the growing tension between Ukraine and Russia, evacuated Indian nationals from the war-torn country have refused to leave their pets behind.
A summary of the Ranji Trophy matches played on Wednesday.
'Rani made it very clear when she signed the film that she would shoot only during her daughter's summer vacation so as not to disturb her role as a real life mother.'
Four people have been booked for making objectionable and inflammatory posts on social media sites, officials said on Friday.
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.
A summary of the first day's proceedings in the Ranji Trophy matches across the country.
Debutant Akash Kumar (54kg) signed off with a bronze medal in the AIBA men's World Boxing Championships after losing to Kazakhstan teenager Makhmud Sabyrkhan in the semi-finals, in Belgrade, on Thursday.
Shah Rukh Khan may have taken a break from acting but he's still making movies!
The Delhi Transport Corporation and cluster buses resumed services with social-distancing norms and safety measures in place like use of sanitisers and masks to check the spread of the deadly coronavirus.
If you pledge market-linked instruments and their value plummets, you will have to provide additional collateral, points out Sanjay Kumar Singh.
Asian Games bronze-winner Satish Kumar (+91kg) kicked off his campaign with an impressive 5-0 win over Moldova's Zavantin Alexel to make the last-four stage and be assured of at least a bronze.
Gaurav Solanki (57kg), Prayag Chouhan (75kg) and Brijesh Yadav (81kg) tested positive for the virus
The Lok Sabha suspended seven Congress members on Thursday for the remaining period of the Budget Session for "gross misconduct" and "utter disregard" for House rules after they snatched papers from the Speaker's table.
The Reserve Bank of India's (RBI) new rules for credit and debit cards came into effect from October 1. These include tokenisation, one-time password (OTP) for activation after 30 days, written permission for enhancement of credit limit, and greater clarity on interest calculation.
Telly folk step out to watch Kehne Ko Humsafar Hai.
About 16,000 Indians, mostly students, are stranded in Ukraine as Russia's invasion of the east European country entered its second day on Friday. Of the students, many studying medicine in Kharkiv and Kyiv, about 2,500 are from Gujarat and 2,320 from Kerala.
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 central agency Wednesday examined Deshmukh's son-in-law Gaurav Chaturvedi and lawyer Anand Daga in over its probe after which an FIR was registered, they said.
Held at Ved Niketan Dham in Haridwar from December 17-20, the Dharma Sansad was organised by Yati Narasimhanand Giri of the Juna Akhada, who is already under police scanner for making hate speeches and inciting violence against Muslims.
8 bogies of Mahakaushal Express derail in UP, 52 injured.
Typically, you can create a basic gym for Rs 50,000, a mid-end for Rs 5 lakh and an advanced one for Rs 10 lakh
Addressing a press conference in New Delhi, BJP spokesperson Gaurav Bhatia cited purported claims of the Pakistani journalist, Nusrat Mirza, to allege that Ansari shared many 'sensitive and highly classified' information with him.
Far from public glare, company is investing in tech firms and providing consultancy.
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.
The reality show Lock Upp requires its celebrity contestants to confess a deep dark secret in order to go ahead in the game and save themselves from being evicted every week. And the contestants, it seems, don't hold back.
Take a look at the arrivals.
Aditi Rao Hydari and Vidyut Jamwal turn showstoppers.
Byju Classes' founder Byju Raveendran, Zomato co-founder Gaurav Gupta, CEO of Antara Senior Living, Tara Singh Vachani, Vinati Organics' MD & CEO Vinati Mutreja and Swapan Mehra, CEO of Iora Ecological Solutions are among 115 young leaders.
The Supreme Court on Wednesday pulled up state governments for failing to disburse claims to the next of kin of COVID-19 victims, and issued a show cause notice to the Andhra Pradesh chief secretary as to why contempt action be not initiated against him.
Hours after Jitin Prasada switched from Congress to Bharatiya Janata Party, party spokesperson Gaurav Bhatia welcomed Prasada to the party asserting that his inclusion would make the BJP stronger in Uttar Pradesh.
Bollywood dazzled on the red carpet of the Hello! Hall of Fame Awards 2019.
Can't get over Deepika Padukone and Ranveer Singh's effortless style? The credit goes to this bunch of talented people.
Debutant Akash Kumar (54kg) secured India's first medal at the AIBA World Boxing Championships in Belgrade on Tuesday after advancing to the semi-finals with a superb win over former Olympic silver-medallist Yoel Finol Rivas of Venezuela.
Officials said Gaurav Arya, who runs a hotel in the coastal state, has been asked to depose before the central probe agency at its office in the Ballard Estate area of Mumbai on August 31.
In the 2018 assembly polls, the Congress shocked the BJP by securing 30 of the 47 ST seats, proving that this vote bank has drifted away from the ruling party over some time. Sandeep Kumar reports.
One needs to carefully tread the thin but solid line between the sublime & the ridiculous.
