Markets watchdog Sebi on Thursday said it will slap a fresh show cause notice on ZEEL founder chairman Subhash Chandra, and his son Punit Goenka as it vowed to continue the investigation into alleged violation of listing norms against the media baron and his company. The order passed by Sebi's adjudicating officer said the contents of the earlier Show Cause Notice (SCN) issued to them will also be incorporated "in the SCN to be issued in the instant matter".
'If they said the shift is at 9, I would reach by 9. But no one came until 12. Slowly over the time, I felt very disappointed with the whole thing.'
Virat Kohli's wax statue unveiled in Jaipur Wax Museum
Zee Group Chairman Subhash Chandra's plea for undergoing lie detector test on the advice of his doctors and in the presence of his lawyer was allowed by a Delhi court in a case of alleged Rs 100 crore extortion bid from Congress MP Navin Jindal's firm.
The termination led to chaotic scenes at the Netaji Subhas Chandra Bose International Airport as the 211 passengers on the Boeing 777-200 LR tried to convince officials to let them reach their destination at the earliest.
Seers in Ayodhya announce a boycott of the upcoming Ram Leela, objecting to its 'unrestrained' and 'cinematic' presentation, citing concerns about the actors' lifestyles and the sanctity of the epic.
'The BSP does not agree with the policies of the Congress and the BJP, and therefore opposes their candidates. The party has issued a whip directing the MLAs to vote for the Independent candidate'
Japan's Sony Corporation, which is merging its Indian television content company with Zee Entertainment Enterprises, is likely to seek a fresh forensic audit of the company after market regulator Sebi levelled fund diversion charges against Zee promoters, top lawyers said. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director. "As the Sebi has made fund diversion charges, which may change the nature of audited reports already filed, the acquirer (Sony) can seek a fresh forensic audit," said H P Ranina, a corporate lawyer.
The Noapara police station in West Bengal holds a unique historical connection to Netaji Subhas Chandra Bose, who was briefly detained there in 1931. The police station commemorates this event every year on Netaji's birth anniversary. The station preserves the cup and saucer used to offer Netaji tea, which he refused, as well as a memorial room with photographs and books about his life. Visitors can pay homage to Netaji at the memorial room and a statue of him stands proudly outside the station.
A threat about the presence of bombs on an Akasa Air flight at Biju Patnaik International Airport in Bhubaneswar was received on social media, but it later turned out to be a hoax, an official of the airport said on Thursday.
A trial court in Tamil Nadu's Kumbakonam on Tuesday convicted international antique dealer Subhash Chandra Kapoor and five of his accomplices to 10 years imprisonment in the Udayarpalayam burglary and illegal export of 19 antique idols valued over Rs 94 crore to the Art of the Past Gallery, New York, USA, the state idol wing CID said on Tuesday.
In its reply to the Securities Appellate Tribunal (SAT), the Securities and Exchange Board of India (Sebi) said urgent action was warranted against the promoters of Zee Entertainment Enterprises Limited (ZEEL) in the alleged fund diversion case to safeguard the management and protect investors and other stakeholders. It termed the applications made by Essel Group Chairman Subhash Chandra and ZEEL managing director (MD) and Chief Executive Officer (CEO) Punit Goenka as "completely false and misleading" in its response submitted to SAT on June 17. "We have a situation before us where the chairman emeritus and the MD and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons.
The fate of the $10 billion merger between Zee Entertainment Enterprises and Culver Max Entertainment, formerly Sony Pictures Networks India, is hanging by a thread, with the two parties unable to finalise an agreement as the end of the one-month grace period looms. The two parties are yet to come to an agreement over Zee Entertainment Enterprises Ltd (ZEEL) MD and CEO Punit Goenka leading the merged entity after Sony expressed concerns after market regulator Sebi barred him from holding managerial posts in Zee and any of the entities in a fund-diversion case.
While Air India cancelled six international flights due to aviation regulator DGCA subjecting its Dreamliner fleet to enhanced checks, the Ahmedabad-London Gatwick one was cancelled due to unavailability of aircraft, the airline said.
Some elements are creating obstacles in the path of India's development and are fearful of its rise on the global stage, but they will not succeed, he asserted.
The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan.
She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
The Congress alleged Chandra and the BJP were adopting 'delaying tactics'.
Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.
Members of the film industry trouped in to say their last goodbyes to Manoj Kumar at a prayer meet held on Sunday evening.
BJP president JP Nadda said on Sunday that the party does not seek to control the Waqf Board but wants to ensure that those managing it operate within the bounds of law and adhere to established rules. He said the properties and funds of the Waqf Board should be dedicated to promoting education, providing healthcare and employment opportunities for the Muslim community. Nadda also highlighted the BJP's growth and achievements, emphasizing its commitment to national unity and cultural heritage.
In terms of market capitalisation, Zee alone has a market cap of Rs 24,000 crore compared to Rs 15,000 crore of the merged Reliance entity.
Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. A day after Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their proposed $10-billion merger, the Subhash Chandra family-promoted media firm said it has received a communication from Sony group for discussing an extension of the deal which was announced almost two years ago.
The direct-to-home television service of Zee TV will be operational in India in the second half of next month, Subhash Chandra, chairman, Zee Network has said.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
Megha Engineering had emerged as the second-biggest buyer of electoral bonds and donated the highest amount of about Rs 586 crore to the Bharatiya Janata Party, according to the data released by the Election Commission on March 21.
'I wouldn't have called myself an athletic person growing up. But training for this film changed that.' 'It pushed me in ways I didn't expect and made me discover a strength I didn't know I had.'
This comes days after another Jain monk, Sugyeysagar Maharaj (72), fasting to protest the Jharkhand government's decision died at the temple on Tuesday.
Were the remains of Netaji Subhash Chandra Bose brought back from Japan to India under intimation of Prime Minister Manmohan Singh in 2006?
Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.
Shah said the decision was taken to free the nation from colonial imprints as the Andaman and Nicobar Islands had an "unparalleled place" in the country's freedom struggle and history.
Rediff.com's Vicky Nanjappa speaks to Author Anuj Dhar about his latest book on Subhash Chandra Bose and uncovers some of the CIA's long-lost records, along the way.
Zee TV is expected to start airing its programmes in China as soon as it gets the downlinking rights.
'It is true Manoj Kumar was an excellent director with an unbeatable music sense.' 'But I had a bad experience regarding the song Hai Hai Yeh Majboori.'
