GECs
Zoom appoints Sunil Sahjwani as chief creative & programming officer
MUMBAI: Lifestyle and glamour channel Zoom’s latest appointment is in keeping with the new initiatives planned for the next quarter. Sunil Sahjwani has been roped in as chief creative and programming officer for Zoom. The programming, production and on air promos (OAP) teams at Zoom will now report in to him.
With this, Sahjwani will be moving from his current corporate role as chief creative consultant for Bennett & Coleman Co Ltd., ( BCCL) and takes charge of all creative and programming responsibilities at Zoom.
Commenting on the appointment, Zoom CEO Suresh Bala said, “As Zoom prepares to meet the challenges of becoming a high impact channel, it needs a new dimension of creative leadership to rejuvenate its growth engines and take it to the next level. I believe Sunil Sahjwani, with his experience and expertise is the best person for this role.”
Sahjwani says, “I am indeed very happy to take up this assignment. Zoom is at a very dynamic stage currently and I think it will be very challenging and exciting to take it forward from here. Zoom has created a unique position for itself in the television space. I’m confident that Zoom will touch even greater heights of success in the days to come.”
With over 27 years in the areas of advertising, film, radio and television, Sahjwani has worked on several international productions which include shows for BBC’s Channel 4 and CNN.
Amongst others, he has directed the immensely popular BPL Oye for Channel [V], for which he has won the RAPA, Lions and Screen awards. Sahjwani has also worked with ETC Networks as director of programming as well as VP Creative for Reliance Entertainment. Prior to joining BCCL, Sahjwani was the CEO of the Percept Picture Company.
GECs
Sebi sends show-cause notice to Zee over fund diversion, company responds
Regulator questions 2018 letter of comfort and governance lapses; company vows robust legal response
MUMBAI: India’s markets watchdog has reignited its long-running scrutiny of Zee Entertainment Enterprises, issuing a sweeping show-cause notice that drags the broadcaster and 84 others into a widening governance storm.
The notice, dated February 12, has been served by the Securities and Exchange Board of India to Zee, chairman emeritus Subhash Chandra and managing director and chief executive Punit Goenka, among others. At its heart: allegations that company funds were indirectly routed to settle liabilities of entities linked to the Essel Group.
The regulator’s probe traces its roots to November 2019, when two independent directors resigned from Zee’s board, flagging concerns over the alleged appropriation of fixed deposits by Yes Bank. The deposits were reportedly adjusted against loans extended to Essel Group entities, triggering questions about related-party dealings and board oversight.
A key flashpoint is a letter of comfort dated September 4, 2018, issued by Subhash Chandra in his dual capacity as chairman of Zee and the Essel Group. The document, linked to credit facilities availed by certain group companies from Yes Bank, was allegedly known only to select members of management and not disclosed to the full board—an omission SEBI believes raises red flags over transparency and governance controls.
Zee has pushed back hard. In a statement, the company said it “strongly refutes” the allegations against it and its board members and will file a detailed response. It expressed confidence that SEBI would conduct a fair review and signalled readiness to pursue all legal remedies to protect shareholder interests.
The notice marks the latest twist in a saga that has shadowed the broadcaster since 2019. What began as boardroom unease has morphed into a full-blown regulatory confrontation. The final reckoning now rests with SEBI—but the reputational stakes for Zee, and the message for India Inc on governance discipline, could scarcely be higher.
