News Broadcasting
Zee Telefilms relooks ADR issue
Zee Telefilms is reconsidering its ADR issue. Chairman Subhash Chandra told investment analysts (at a meet organised by Zee and attended by 200 of them on 11 May in Mumbai) that the company’s management was relooking whether its idea to go for an ADR issue was the best option available.
“We are relooking the issue,” he said. “Could debt be a better option? Or may be divesting Siticable equity? Or E-connect equity? We need about Rs 22,000 million for all our plans of convergence, may be we could raise it differently! In the current run of things with shares sinking to their depths, things do not look so bright for an ADR.”
The ADR issue was billed as the biggest from India with a target of raising $1.5 billion. It was later pruned to $200 million and going by current statements, it’s possible it may be called off totally.
The reason: the Zee stock has been stuck at between Rs 600-800 for the last few weeks. At Rs 1,500 plus last month, it seemed well on its way to cross Rs 2,500-3,000. Around that time it was hit by the meltdown in Internet and media stocks which was worsened when certain operators worked to a plan to pull the stock down from Rs 1,500 plus to less than Rs 600.
“We have committed to not divest more than 10 per cent of Zee’s equity,” said Chandra. “If we have to raise ADR funds at a price of Rs 600, then we will have to divest more than the figure we have committed.”
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.
The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”
Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.
The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.
Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.
In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.
