Punit Goenka - World News

Sebi Uncovers $241 Million Accounting Issue at Zee | India Business News – Times of India

getworldnews1 year ago04 mins

As part of its investigation into the Zee founders, the Securities and Exchange Board of India, or Sebi, found that about 20 billion rupees ($241 million) may have been diverted from the company, said people familiar with the matter who did not want to be identified as the information is not public yet. That’s roughly…

Sony Disappointed with SIAC Decision on Zee Merger, Continues Arbitration | India Business News – Times of India

getworldnews1 year ago03 mins

MUMBAI: Sony has expressed disappointment with the Singapore arbitral tribunal’s decision allowing Zee to seek remedies from Indian courts after it called off a merger between its local unit and the Punit Goenka-helmed company.It will, however, continue to arbitrate its case against Zee before the Singapore tribunal, pursuing its right to terminate the merger pact,…