News Broadcasting
Zee lists bonds on Singapore bourse
NEW DELHI: The Subhash Chandra-promoted Zee Telefilms Limited, India’s largest vertically integrated media and entertainment company,has placed foreign currency convertible bonds worth upto $100 million (including a green shoe of $15 million) for listing on the Singapore Stock Exchange.
According to sources in Singapore capital markets, Zee Tele’s bonds have already been oversubscribed 14 times.
The bonds are convertible into newly issued ordinary shares of Rupee 1.0 per share of Zee, at the option of the bondholders, at a conversion price of approximately Rs. 197.24 per share, which is at a 35 per cent premium to the company’s closing share price on the Bombay Stock Exchange (BSE) of Rs. 146.10 as on 20 April 2004.
The bonds carry a coupon rate of 0.50 per cent per annum and shall be redeemable at a price of 116.24 per cent, if not converted into ordinary shares during the period.
The issue, which was launched post trading hours of the BSE on 20 April 2004, have reportedly received a strong demand. UBS AG and Citigroup Global Markets Inc were the joint book runners for the issue.
Speaking on the occasion, Rajiv Garg, CEO Corporate Strategy and Finance of Zee Telefilms said, “We are encouraged with the market’s response for the transaction. This positions us well to take advantage of opportunities opening up in the media and entertainment sector.”
Zee is India’s largest vertically integrated media and entertainment company. It is the largest producer and aggregator of Hindi programming in the world with an extensive library housing television content, movie titles and news content,according to an official statement from the company this morning.
Zee is also India’s largest cable distributor. Through its wholly owned subsidiary, Siticable. Zee’s channels are widely distributed across many countries, especially for South Asian audiences. It is a significant player in the film production, music publishing and education business.
The company has clarified that this announcement is not, and is not intended to be, an offer of securities of Zee Telefilms Limited for sale in the United States. Securities of Zee Telefilms Limited may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933. There is not, and is not intended to be, a public offering of the securities of Zee Telefilms Limited in the US.
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
