News Broadcasting
Block shares sale clears promoters’ dues to Zee Telefilms?
Zee group promoter Subhash Chandra appears to have cleared outstanding dues to Zee Telefilms from what was remaining to be paid of the Rs 2200 million that had been transferred to disgraced stock broker Ketan Parekh last year.
The promoters have been offloading their stake in tranches over the last few months and had already repaid a major portion of the loan to the company. The latest stake sale should wipe out the entire outstanding loan which was reportedly about RS 870 million.
Figures on how many shares changed hands in the deal on the Bombay Stock Exchange varied between 6 million and 10 million but the price paid per share was around Rs 115 and the transaction took place in afternoon trade.
Reports say that in August 2001, Zee promoters had offloaded 2.5 million shares, representing a 0.6 per cent stake in the company, for about RS 250 – 300 million to an undisclosed foreign institutional investor. In July the promoters had executed a sale of s of the e5 million sharequity of Zee for an estimated RS 600 million to an anonymous US-based fund.
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
