Punit Goenka

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IBF questions need for new tariff order revisions

The broadcasters of India came in support of each other under the shelter of Indian Broadcasting Federation (IBF) to voice their concerns against the new TRAI amendments of the new tariff order. All the top bosses of the major networks have agreed to the fact that this revision is going to leave...

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2019: Media and entertainment deals that did not happen

MUMBAI: Can the mainstream media get it right? That’s a question we, at indiantelevision.com, asked through the year.  Canards, canards, canards, and more canards are what we read in the mainline dailies. Of course, it cut across politics, business, lifestyle, and what have you. But the business...

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Zeel promoter stake sale gets confidence vote from SBICap and Edelweiss

There’s a sense of relief at Zee Entertainment Enterprises Ltd (Zeel). Chairman Subhash Chandra, and managing director & CEO Punit Goenka said they would go the whole hog to repay their obligations.

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Essel Group to sell 16.5% stake in ZEEL to repay loan obligations

Debt-ridden Essel Group  is planning to sell a 16.5 per cent stake in its flagship property  Zee Entertainment Enterprises Ltd (ZEEL) to financial investors to clear off its massive debt. After this transaction, Essel Group’s overall holdings in ZEEL will be five per cent, as mentioned in a...

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OFI Global China Fund to buy further 2.3 per cent stake in ZEEL

MUMBAI: Essel group is planning to sell 16.5 per cent stake in its flagship property Zee Entertainment Enterprises Limited (ZEEL) to financial investors, of which 2.3 per cent will be sold to OFI Global China Fund -- which already holds 8.7 per cent stake in the media company.

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