Zee's Q2FY21 operating performance was in-line with revenue / EBITDA / APAT decline of 19/43/51% YoY. As company promised upon improvement in 5Gs (governance, granularity, growth, goodwill, and gusto) in Q1FY21, the sudden pop-up of failure of related party viz. Siti Networks to meets banks obligations was a key-negative surprise that wasn't called out by company. Zee provided for balance outstanding receivables from Siti of Rs 0.8bn (Rs 1.2bn provided earlier). It also provided Rs 0.97bn (Rs 2.07bn o/s)...