GECs
Saurabh and Vivek launch dance championship ‘Born 2 Dance’
KOLKATA: East India’s biggest dance championship –‘BORN 2 DANCE – One Chance one Dance’ is a championship, where people from a few districts of Bengal like Medinipur, Durgapur, Barrackpore, Sreerampore and Siliguri and few nearby states like Orissa, Jharkhand, Bihar and Assam can participate, inclusive of Kolkata and Howrah.
It is the brain child of Saurabh and Vivek, Fame – DID Finalists2011, who have been a part of many reality shows and won many of them too. The event will cater to the age group between three to 30 years and will have special solo rounds for moms and dads too along with doubles and groups as categories too. The winner of the entire event would be awarded with a cash prize of Rs one lakh. The auditions at Kolkata will be held on 22, 23 and 24 December. All the finalists of the event would be given a three day grooming workshop by the duo.
The finale event will be held on 7 January 2015 at Science City Auditorium, Kolkata and will be judged by Salman Yusuf Khan, (Dance India Dance Winner, Jhalak Dikhla Ja Winner, Khatron Ke Khiladi, Debut Movie – ABCD).
On this occasion, the duo commented, “Since we have been a part of many reality shows, we understand the difficulty of being a part of the same. So, we decided to launch Born 2 Dance, where people from all over East India could participate in a Dance Competition and get a chance to be groomed and trained by us to become capable of being a part of reality shows too. Kolkata has witnessed many dance competitions but one that brings together people from all nearby states too will happen now”
Market Concepts owner, Chetna Karnani, said, “The sole objective of this event is to bring out the talents of deserving dance aspirants, by providing them with a platform through a state level competition and hence it will help pull a participation of over 7000 people.”
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.
