GECs
Zee Media crosses 150 million viewers
MUMBAI: Zee Media achieves another milestone on an average weekly basis Zee Media crosses 150+ million viewers mark.
Zee Media Corporation Limited (formerly Zee News Ltd.) is India’s one of the Largest News Network with 10 channels, Mumbai edition of DNA newspaper and digital properties like zeenews.com and dnaindia.com.
The network comprises of two national channels Zee News (Hindi News), Zee Business (Hindi Business News) and India 24×7(Hindi News). In addition it has regional news channels, Zee Madhya Pradesh Chhattisgarh (Madhya Pradesh & Chhattisgarh), Zee 24 Taas (Marathi), Zee Rajasthan News (Rajasthan), Zee Punjab Haryana Himachal and Zee Kalinga News (Odisha). Additionally the company operates 2 regional news channels through its subsidiaries viz. 24 Ghanta (Bengali) through Zee Akaash News Pvt Ltd and Maurya TV (Bihar & Jharkhand) through Maurya TV Private Limited.
“It’s rare to be able to touch so many people’s lives and we take pride in adhering to our proposition of delivering in-depth analysis, varied perspective and inspirational stories!”, says ZMCL marketing head Pooja Gupta. This journey though exhilarating, sometimes tumultuous times, has been an enriching and enlightening one.
While ZMCL have remained intact over the years and have gained credibility for our strong foothold and news coverage, ZMCL is impatient like any innovators. It seeks potential everywhere and every problem is an opportunity for growth. As the largest news network ZMCL believe our work must be integral to our mission of nurturing more informed and aware citizens, inspiring moments of optimism and happiness, creating value and making a difference to their viewer’s lives, opines ZMCL CEO R. K. Arora.
This achievement would never have been possible without the continued and relentless support from all our viewers and business associates who have played an intensive role to unlock the collaborative power of the news business, making a much greater collective impact.
“The attempt is to achieve a new pinnacle in terms of revenue and market share. So let the revelry continue from a million to a zillion!” signs off ZMCL group CEO Dr. Bhaskar Das.
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.
