Zee

Zee on October 12 stated that Invesco's objection to a merger agreement of TV network with Sony's-India-subsidiary is hypocritical given US-investment company promoted a similar transaction earlier this year. Invesco attempted to merge the company with "certain entities owned by a large Indian group," in February allowing Zee CEO Punit Goenka to lead the amalgamated-organisation. Invesco, which earlier acknowledged Goenka's reputation, is now… read-more

In a tax evasion case, the Income Tax Department officials have raided nearly 15 locations of Zee Entertainment across Delhi and Mumbai on January 4. Reportedly, the Income Tax officials have revealed that the searches are done based on tax evasion data provided by Directorate General of GST Intelligence. Moreover, a spokesperson of Zee Entertainment said that the company is cooperating and sufficing with all requirements to the IT… read-more