On October 11, 2021, Invesco Ltd publicly lashed out at Indian TV giant Zee Entertainment Enterprises and objected to some terms of its proposed merger with Japan's Sony Group, asking shareholders of the Indian firm to support a bid to revamp its management. Invesco's call to revamp the Company's board and remove its CEO, Punit Goenka, in light of corporate governance lapses and financial irregularities, which were also flagged by India's market regulator. The Company has rejected Invesco's request and says it has tightened its processes.
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5-day change | 1st Jan Change | ||
142.7 INR | +1.86% | -1.45% | -48.05% |
Apr. 16 | Zee withdraws Sony merger application from India company tribunal | RE |
Apr. 15 | Zee Entertainment Enterprises Limited Inaugurates Breach Candy Hospital's Kidney Centre | CI |
EPS Revisions
1st Jan change | Capi. | |
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-48.05% | 1.62B | |
+6.88% | 14.49B | |
+4.70% | 5.49B | |
-16.19% | 5.25B | |
+44.85% | 3.7B | |
-10.85% | 2.93B | |
-9.74% | 2.43B | |
+11.44% | 1.94B | |
-24.75% | 1.58B | |
-18.72% | 1.46B |
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