Trendlyne Blog: , Latest on stock market and finance in India and the world.

01 Oct 2024

115.90

1.04%

ZEEL aims to deliver higher profitability through enhanced performance: MD

Business Standard

ZEE Entertainment Enterprises Ltd (ZEEL) aims to deliver higher profitability through enhanced performance across its businesses and generate better value for all stakeholders, the company's Managing Director & CEO, Punit Goenka said on Tuesday. Addressing employees at a town hall on the company's 32nd anniversary, Goenka said in the next 32 years he envisioned ZEE to "emerge as a beacon of hope and change for the society". "I envisage our purpose should be to enrich the lives of people around the world, by creating such extraordinary moments, that celebrate the power of optimism and togetherness," he said. During the session, Goenka reiterated ZEEL's "aspirations to deliver higher profitability through enhanced performance across the business and generate higher value for all stakeholders". The company said it continues to take the necessary action-oriented steps across the business to enhance the performance and deliver stronger returns, in line with the strategic plan laid out .

Zee Entertainment Enterprises Ltd. is trading below all available SMAs

New Delhi Television Ltd.

01 Oct 2024

139.82

-1.12%

CBI files closure report in NDTV promoters cheating case after 7 yrs probe

Business Standard

The CBI on Tuesday filed a closure report in a case of alleged cheating against former NDTV promoters and directors Prannoy Roy and Radhika Roy as it could not find legally tenable evidence in the Rs 48 crore loss incurred by ICICI Bank in the settlement of a loan in 2009, officials said. The case was initiated in 2017 when the CBI registered an FIR based on a complaint from an individual, Sanjay Dutt, of Quantum Securities Ltd who alleged that RRPR Holdings Pvt Ltd, associated with the Roys, had taken a Rs 500 crore loan from India Bulls Pvt Limited to acquire a 20 per cent stake in NDTV through a public open offer. According to the FIR, RRPR Holdings also took out a Rs 375 crore loan (with Rs 350 crore disbursed) from ICICI Bank at an interest rate of 19 per cent per annum to repay the loan from India Bulls. The complaint alleged that the Roys pledged their entire shareholding as collateral for this loan, failing to report the pledging to the Securities and Exchange Board of India

New Delhi Television Ltd. has gained 23.08% in the last 6 Months

Mukta Arts Ltd.

01 Oct 2024

69.76

1.54%

Mukta A2 Cinemas Caps Food And Beverage Prices At Rs 99 Post Karan Johar's Comments

NDTV Profit

Mukta A2 Cinemas is currently present in 19 cities, with 57 screens in India.

Mukta Arts Ltd. is trading below all available SMAs

Zee Media Corporation Ltd.

01 Oct 2024

12.31

0.49%

Zee Media share hits 29-month high; zooms 79% in 1 week; what's the news?

Business Standard

Zee Media share news: Zee Media share was locked in its upper circuit on the back of the news that the board has approved fund raising of up to Rs 200 crore by issue of warrants to FPIs