Zee Entertainment clarified that all of the issues raised by the resigning directors have been duly discussed, deliberated and acted upon from time to time

Subhash Chandra, the founder of ZEE, decided to resign as chairman. However, he will remain on Zee Entertainment board as representative of Essel Group along with his son Punit Goenka, the present MD & CEO of Zee Entertainment Enterprises. Watch the video for more.

Zee Entertainment share price falls over 9% after Subhash Chandra steps down as chairmanZee Entertainment share price fell in early trade today after its chairman Subhash Chandra stepped down with immediate effect on Monday. Zee Entertainment share price lost 9.06% to Rs 312.50 compared to the previous close of Rs 343.65 on BSE. Zee Entertainment stock has been  losing for the last two days and fallen 6.12% during the period. Subhash Chandra resigns as Zee Entertainment Chairma...

Zee Entertainment share price lost 9.06% to Rs 312.50 on BSE after Subhash Chandra stepped as Chairman with immediate effect on Monday

Subhash Chandra and Punit Goenka will remain on Zee Entertainment board as representatives of Essel Group. Chandra will continue as a non-executive director

Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging

Share price of Adani Green Energy Limited, one of the largest renewable power generation companies in India, surged over 10% on Friday after the power giant announced it has signed an agreement to acquire 205 MW solar assets.

How new CEO Ravneet Gill is managing troubles at the new-generation Yes Bank, where there is no end to asset quality surprises and capital levels are inadequate for future growth

\"Nothing changes in Zee Entertainment (after stake sale to Invesco Oppenheimer); it has been business as usual, apart from the fact that the promoters won't own as much of the stake as they did in the past,\" says Punit Goenka

In a fund starved market, private equity firms with oodles of cash are stepping in to pick up anything they can. But there are dangers

The company's negotiation power has further gone up with the news of its sister company, Essel Infrastructure succeeding to sell three of its road projects in MP, Karnataka and Telangana for around Rs 3,500 crore

Securities and Exchange Board of India (SEBI) has sent two show cause notices to HDFC Asset Management Company regarding the investments of its Fixed Maturity Plans (FMPs) in debt instruments of the Essel Group, which is reeling under heavy debt.

Why you should be very worried.

Zee Entertainment Enterprises had announced in November last year that its promoters, led by Subhash Chandra, planned to sell up to 50 per cent of their equity stake in the company to a strategic partner

The American fund has entered into a definitive agreement with Ashok Goel Trust, which owns 57 percent in Essel Propack, the company said.

Aditya Birla Sun Life has the highest exposure at Rs 1,756 crore, HDFC MF follows at Rs 1,156 crore

Budget Indian airline SpiceJet Ltd said on Friday it planned to lease a \"first lot\" of 16 Boeing Co 737-800s to help fill a gap in aviation capacity that ratings agency ICRA said has pushed up fares by 30 to 40 percent since September.

Kotak Mahindra Asset Management Company and HDFC AMC had Wednesday admitted to redemption pressures in their select fixed income schemes and sought more time for payouts.

Kotak Mahindra Asset Management Company and HDFC AMC have admitted to redemption pressures in their select fixed income schemes and sought more time for payouts