Zee shares were locked at 10% lower circuit in the opening trade on Wednesday on report that Sebi has found irregularities worth ₹2,000 crore in the accounts of the company. In a setback for Zee Entertainment Enterprises Ltd (ZEEL), capital market regulator Securities and Exchange Board of India (SEBI) has unearthed a financial discrepancy exceeding … Read more
Shares of Zee Entertainment Enterprises Ltd climbed nearly 7 per cent on Wednesday after reporting their biggest single-day drop during the previous session. The stock today rose 6.70 per cent to settle at Rs 166.35. Yesterday, it had crashed 32.73 per cent on termination of $10 billion merger agreement by Japan’s Sony Pictures. Rumours of … Read more
Shares of ZEE Entertainment Enterprises Ltd could see significant downside in case the proposed ZEE-Sony merger is called off, said Emkay Global. As per a report, Sony is likely to issue a termination notice by January 20 as the decision on who would be at the helm of the merged company is the contentious issue, … Read more
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