At the start of the auction on Sunday, Punjab Kings had the highest funds at Rs 110.5 crore, which decreased to Rs 10.9 crore before Day 2 on Monday.
Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.
The upward climb of Network18 and Sony, and the phenomenal growth rates of language newspaper groups are among the other highlights of Business Standard's listing of India's largest media groups.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
A gleefully hammy Madhuri and Vidya's volley of death stares and evil laughs engage in a ruthless glamorous tug of war in Bhool Bhulaiyaa 3, notes Sukanya Verma.
As the feud continues between Zee and Invesco, appellate body NCLAT on Thursday directed the National Company Law Tribunal (NCLT) to give reasonable opportunity to the media major to reply to Invesco's plea for holding a meeting of shareholders, and also remarked that the tribunal made an "error" by not providing sufficient response time. With the order capping a day of fast legal developments at the NCLAT as well as the NCLT within a span of a little over an hour, the spat between Zee Entertainment Enterprises Ltd (ZEEL) and minority shareholder Invesco will now come up for hearing before the NCLT on Friday. Invesco is seeking the ouster of ZEEL MD and CEO Punit Goenka and appointment of six new directors on its board.
Cricket, time travel, artificial intelligence, haunted homes, World War II -- it's all there on OTT this week.
Troubled twins, dangerous cults, portent dreams, telepathic kids, World War III, yakuza clans... Sukanya Verma lists the many options on OTT this week.
The promoters expect to get Rs 9,000-10,000 crore from the sale of their assets
'I will never go against my comfort zone in terms of outfits. So, I refused Housefull.'
Shares of Avenue Supermarts (DMart) have rallied 15 per cent in the past month, even as the benchmark National Stock Exchange Nifty has remained flat. The stock has garnered favourable commentary from both fundamental and technical analysts after three years of poor performance. "DMart has reached its first 52-week high since October 2021, taking off from solid base formations.
The innovation will be on its South Indian channels on September 23-24.
Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.
Sukanya Verma gives you some interesting options.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
Film folk attended a special screening of this week's release, Do Aur Do Pyaar, starring Vidya Balan, Pratik Gandhi, Ileana D'Cruz and Sendhil Ramamurthy.
Zee has launched its sports channel -- Zee Sports -- that would not simply focus on cricket but provide a "multi-genre sports entertainment package to the viewers".\n
Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.
It's a mixed plate in theatres this October, and OTT has a lot of interesting releases coming up as well.
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.
With the rains pouring down on us, August offers yet another reason to stay home!
The Hyundai Venue car had five occupants, four of them students of Delhi University colleges, who were returning from a birthday party at a pub in neighbouring Gurugram.
A spread of eclectic entertainment on OTT for you.
Love, Sitara doesn't flesh out the people or their problems enough to give us a glimpse into their minds, observes Sukanya Verma.
Much better films about the explosive -- if often misdirected -- energy of the young have been made before than Dange, points out Deepa Gahlot.
It's FaFa time and more on OTT this week! Sukanya Verma lists her recommendations.
Television actors looked wow at the Zee Rishtey awards, as they sashayed down the red carpet.
The prime minister and his cabinet will be compelled to do what governments in other democracies must: Listen to criticism from citizens and tolerate it and even learn from it. In doing so, perhaps they can also get a laugh out of the material, as many of us so often do, notes Aakar Patel.
Coming of age dramas, mind twisting thrillers, slice-of-rural life, here's everything you can watch on OTT this week.
Zee Telefilms bounced back from an early low of Rs 73 following reports that OCB, Delgrada, has pledged another 7.6% equity of the company to brokerage CSFB. \n\n
Salaar Actor Sriya Reddy will be seen in the political thriller Thalaimai Seyalagam.
Bigg Boss 18 is all set to return to our screens on October 6. Hosted by Salman Khan, the names of the contestants who will be participating are not revealed yet.
'If tech giants like Amazon, Google, Apple and Meta enter the IPL broadcasting arena, it could further revolutionize sports media in India.'
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
While Hollywood attended the Oscars on Sunday night, film folk back home were busy getting glam for the Zee Cine Awards in Mumbai.
The regulator said violations could not be established against the company.