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Zee sets itself 60 days deadline to raise finances

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Alarmed by the recent fall in stock prices, dismal Q1 results for the year 2000 – Zee reported a mere 5% increase in the net profits and drop in TRP ratings due to rival channel Star TV’s hugely popular Kaun Banega Crorepati game show, Zee Telefilms is setting itself an ambitious target of raising up to $700 to $800 million over the next sixty days.

The money raised will be used to fund various activities like strategic acquisitions of cable networks and regional channels, digitalisation of its bouquet of existing channels and updating its movie library.

Zee’s flagship MSO Siti Cable is expected to rake in much of the moolah for funding its various operations. Siti Cable, which is one of the biggest cable operators in the country and also a major convergence player for Zee, is expected to be valued at $3 billion. Zee might dilute about 11% in Siti Cable which will bring in $330 million.

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According to Business India, Zee is also in talks with Time-AOL as a strategic investor and another global financial powerhouse as a financial investor. Apart from this, Zee will raise additional $400 million through a convertible float of Zee Telefilms.

 

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Asianet Television Awards 2026 celebrates women power in Malayalam TV

“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.

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MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.

The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.

Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.

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The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.

Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.

The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.

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Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.

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