Discover and read the best of Twitter Threads about #zeeentertainment

Most recents (4)

Continuous delay in Merger Proceeding by Creditors
SEBI’s Shirpur Gold Refinery Order on Fund siphoning

Now,
SEBI asked resignation of Punit Goenka, MD CEO of Zee as well Mr. Chandra of Essel Group.

Let’s take a deep dive into this interim order and understand!

#Zeel Image
Background

Resignation of 2 Independent Director - Sunil Kumar and Neharika Vohra in Nov’19 on misappropriation of FD of Zee by Yes Bank for squaring off loan of other Essel grp entities
Mr Subash Chandra, then chairman of Zeel/Essel grp provided LoC to yes bank on 200 Cr Loan o/s in Essel Green Mobility Limited. as per LoC, he accepted that Essel group companies incl Zee will have FD of 200 Cr that can be used in event of default
Read 11 tweets
#India: Market Close

✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95

#StockMarket #nseindia #BSE
1/5
#India: Market Close

✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise

#StockMarket #nseindia #BSE
2/5
#India: Market Close

#ZeeEntertainment rose 6.26% after #NCLAT granted a stay on the #NCLT order with respect to IBC proceedings initiated against the company

#StockMarket #nseindia #BSE
3/5
Read 5 tweets
Q&A Insights: Vivek Subbaraman of Ambit Capital asked if company's current balance sheet allows it to bid for IPL at all. Punit Goenka MD replied that it does and ZEEL can participate on its own. ZEEL has zero debt and has qualification to participate in the tender.
Q&A Insights: Vivek Subbaraman of Ambit Capital also enquired if ZEEL is contemplating taking on debt to bid for IPL rights. Punit Goenka MD said it's currently studying all options. There is no need to pay a large sum upfront. Only when the rights start, it will have to pay.
Read 8 tweets
1 new chart everyday, it could be from any space ~ equities / commodities / crypto / forex / bonds , etc

Will try to do it daily 🙏💪

Here's the first one 👇

SBI vs BankNifty

Ratio chart has given monthly breakout implying SBI could outperform BN in coming months.

#PB365 Image
(2) #DLF monthly chart

#PB365 Image
(3) #VodafoneIdea weekly chart

#PB365 Image
Read 160 tweets

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