GECs
‘Jassi’s…’ plot transiting to some serious drama
MUMBAI: Well, for Jassi Jassi Koi Nahi the track has been built and the flagship show of Set India is ready to move ahead into some real drama.
After its one hour special last night; celebrating one year on air, starting tonight, the confusion between lead character Jassi and spurned suitor Purab is finally sorted out when Purab walks into Jassi’s birthday bash with a cake and it then moves on to Jassi’s realisation of what that gesture essentially meant.
What’s next is the queen of hearts moves on to becoming the queen of the boardroom, with Jassi demanding that big boss Armaan make her CEO of Gulmohar. With her ultimatum of either CEO or out; Armaan is left with no choice but to bestow her with the coveted title.
Jassi is then challenged by key rivals like Mallika and Aryan who ensure her already uphill task gets even tougher. Also, one sees Jassi face trials and tribulations in her attempts to recoup the lost money of the fashion house as well as her endeavours in ensuring improvement of the company’s financial status.
This then leads to Jassi’s transformation. No, not her looks as yet! It’s the transformation of a more confident, more wary and street smart woman who finally starts to understand the cruel ways of the world. Finally, Jassi sheds her innocence.
Speaking to indiantelevision.com, Sony’s EVP programming and response Tarun Katial says, “It’s exciting, innovative and an interesting time at Jassi… where the well talented supposed ugly duckling gets a chance to prove her mettle.”
Jassi..’s ratings have been dipping lately and is not as up there as it used to be. When questioned on this Katial says, “Yes, there has been a slight dip, as people have been waiting for some zing and spike. Also, every track has a setting up phase and then progresses into full blown drama. The show was a build up till date and will now move on to a different zone.”
So, Jassi is in transit right now. Maybe once the show reaches destination drama, the ratings scene at the Jassi.. pad will look a lot more colourful.
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.
