GECs
‘Bollywood Birth Marks’ completes 2 years on etc
MUMBAI: Bollywood Birth Marks (BBM), the Bollywood-centric two minute capsule on etc, will complete two years in May. It began in May 2001.
BBM gives a peep into the life of Bollywood celebrities by giving facts about their birthdays, the place of their birth, their achievements in professional and personal life, their likes, dislikes and some interesting facets of their life.
To celebrate its second birthday, BBM will air specials on Bollywood actors -Madhuri Dixit and Paresh Rawal.
While from 10 May to 17 May the capsule will be dedicated to gorgeous Madhuri Dixit , her career, her likes and her life ; from 26 May to 31 May, it will focus on the popular performer Paresh Rawal.
The capsule airs four times a day at 1.28 am, 8.58 am, 12.58 pm and 5.58 pm respectively. Interestingly, the show also allows viewers to send e-greetings or SMS birthday greetings to their favourite Bollywood celebrities. .
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.
