Zee's shares surged a stellar 40% as company's shareholders are seeking removal of CEO Punit Goenka. Two directors Ashok Kurien and Manish Chokhani resigned from the board as proxy advisory firm IiAS raised serious corporate governance issues.

In an exclusive…

Zee and Sony have entered into a 90-day exclusivity period for the deal. Zee shareholders will hold 47.07 percent of the merged entity as per the indicative merger ratio of 61.25 percent in favour of ZEEL.

With governance issues over, and with a stronger competitive position in the broadcasting space, a good movie distribution business, and a finger in the high-growth OTT pie, Zee now has a long runway ahead for growth.

The demands of Invesco in the EGM are in contrast to the terms of the Zee-Sony non-binding merger announcement which leaves Punit Goenka in charge as MD & CEO.

The demands of Invesco in the EGM are in contrast to the terms of the Zee-Sony non-binding merger announcement, which leaves Punit Goenka in charge as MD & CEO

ZEEL's merger creates the largest media and entertainment entity, with 75 channels and two OTT platforms

Invesco has moved NCLT against Zee for its failure to hold an EGM to reconstitute board. Experts suggest Zee still has a few days to comply with EGM rules. Invesco responded to Moneycontrol’s query for taking legal action, following is the full response.

Zee and Invesco are locked in a legal tussle at the NCLT over the latter’s demand for a board rejig and the ouster of MD & CEO Punit Goenka.

Zee and Invesco are locked in a legal tussle at the NCLT over the latter’s demand for a board rejig and the ouster of MD & CEO Punit Goenka.

The Zee-Invesco episode seems destined to be decided in the courts as a conflict of interest between the promoters and a large shareholder plays out

In today’s edition of Moneycontrol Pro Panorama: Zee’s tug of war, Sirca Paints India has more room to run, a new chapter for Equitas SFB, economy’s silver bullet, the Eastern Window, EV revolution and more

"The depth of talent within Zee gives us conviction that if the company were properly managed, it has the potential for tremendous growth and success," said Invesco's Justin Leverenz, Chief Investment Officer, Developing Markets Equities.

Zee's 12 October release is tactic to delay AGM. Why will the largest shareholder negotiate a deal detrimental to Zee, asks Invesco

Punit Goenka, who will be leading the merged entity, estimates eight to 10 months for the merger process to complete. Here’s a look at the process ahead.

Zee Entertainment Enterprises said advertising revenue growth for the quarter was impacted by FTA withdrawal (Zee Anmol) and lower advertising spends by brands due to weak macroeconomic conditions, while the pricing embargo continued to impact linear revenue…