Discover and read the best of Twitter Threads about #zee

Most recents (7)

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: Pre-Open

#SGXNifty is ▲2.5 points & Asian markets are up, indicating a positive bias for Indian markets

#StockMarket #nseindia #BSE
#India: Pre-Open
#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted
#StockMarket #nseindia #BSE
#India: Pre-Open
#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis
#NSE
Read 8 tweets
What is Rakesh Jhunjhunwala's Investing Strategy, is there a way where we retail investors can follow his strategy and generate similar returns like him? We did an extensive research and this is what we found. A short thread
We all know that Rakesh Jhunjhunwala made headlines recently with his ZEE stock purchase, where he made 67 crores profits in just 6 days. Even though many claims it’s an insider trading, he might have known about the ZEE Sony merger news beforehand.
As per bulk deal report from NSE, he bought the stock on 14th Sep 2021 at Rs.220 and on that day ZEE stock closed at Rs.260 and retail traders still got the time to invest in ZEE stock, from Rs.260 the stock went up to Rs.330 in next one week, that’s almost 27% returns.
Read 16 tweets
The amazing rise—and the even more amazing fall—of #Zee founder @subhashchandra, the Haryanvi rice supplier who turned India’s first satellite TV broadcaster into a rabid “fabricator of consent” for the great cause, bit off more than his due, and found himself abandoned. (1/9)
January 2016: Narendra Modi launches @subhashchandra’s candid biography ‘The Z Factor: My Journey As The Wrong Man at the Right Time’ at the PM’s official 7, Race Course Road residence, in the presence of three cabinet ministers: tinyurl.com/96praj3s (2/9)
June 2016: “Independent” candidate @subhashchandra elected to Rajya Sabha with BJP support from Haryana, after 14 Congress votes are rejected. 12 of the Congress votes were declared invalid due to use of “wrong type of ink”. (3/9) tinyurl.com/nce99f74
Read 9 tweets
#BREAKINGNEWS@punitgoenka finds his white knight in #Sony, signs non-binding term sheet for merger of @ZEECorporate with #SPN. SPN to hold 52.93% stake in the merged entity, while #ZEE shareholders will own the remaining 47.07% stake. Sony Promoters to infuse $1.575 bn.
The merged entity will remain a publicly listed entity in India with Goenka as MD & CEO. The majority of the board of directors of the merged entity will be nominated by #Sony Group.
Combined entity will own 75 TV channels, two video streaming services (@ZEE5India & @SonyLIV), 2 film studios (@ZeeStudios_ & @SonyPicsIndia) and a digital content studio (StudioNXT), making it the largest entertainment network in India, bigger than @starindia & Disney India
Read 6 tweets
#Announcement #zee # @coinkit_ com 50 100 $btc

🔥ZeroSwap Dex Offering - ZeeDO MainNet and Staking Launch

Empowering Community with 200,000 $ZEE to participate in IDO/Community Distribution sale on ZeeDO.

🔹What is a Community Distribution Sale on ZeeDo?👇👇
The public sale of tokens on ZeeDO at a pre-decided price is termed “Community Distribution Sale” on the ZeroSwap Dex Offering Platform

🔹How to Participate in Community Distribution Sale on ZeeDO?
To participate in any IDOs/Community Distribution Sale, staking $ZEE is a primary step/pre-requisite, by staking, users can earn rewards as well as get access to the token sale.
🔹Reasons for doing a $ZEE Community Distribution Sale at 0.60/USD
Read 5 tweets
After the buildup and the crash-course in my last post, here is my post analysing Promoter Financing market in India. The analysis attempts to explain the slowdown in promoter financing in India and brings out some interesting facts. Read on to know more. Thread 1/12
As per BSE data, the aggregate value of promoters' pledged shares was ~1.85 lakh crore as at Aug 23, 2019. In comparison, the value of promoters' pledged shares stood at ~Rs 2.5 lakh crore as at Aug 30, 2018. The fall in pledge levels indicate slowdown in promoter financing. 2/12
An ET article (July 22), observed that 'pledging of shares by promoters of NSE companies dropped to a six-year low'. Another ET article (Aug 15), noted that 'interest rates on loans against shares (LAS) have surged by about 300 basis points in the past 3 months'. 3/12
Read 18 tweets

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