Asian markets mostly rose Thursday as investors maintained optimism in the global recovery outlook but prepared for the end of an era of cheap cash with inflation continuing to surge on the back of supply chain problems and improving demand.
Zee Entertainment Enterprises Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 30448.35 Crore) operating in Media & Entertainment sector.
Salman Khan’s non-fungible tokens (NFTs) will be available on NFT marketplace Bollycoin, purchasable through its eponymous native token. The NFT platform will go live in December, according to the website.
Institutional investments into the sector rose 17% and private equity investments recorded 24% on-year growth in the September quarter, according to property consultants JLL India and Savills India, respectively.
The struggling telco is looking to leverage the recent government relief package that has eased its immediate cash flow burden and made it more attractive to investors. "Vi is open to offering a minority stake to global PEs if there is agreement on valuations and terms," one of the people said.
The self-regulation comes at a time when India is yet to come out with any regulations around cryptocurrencies or the way to tax them. Industry trackers say investigators including cybercrime officials, the Enforcement Directorate and the income tax department, had raised red flags in the past few months.
Reliance Industries on Wednesday said that Invesco, the largest shareholder in Zee Entertainment Enterprises (ZEE), “assisted Reliance in arranging discussions†directly between its representatives and Punit Goenka, member of the founder family and MD of ZEE for a potential merger.
Total dues to coal companies from states stood at ₹15,000 crore as on October 6, as against ₹16,000 crore on September 30. Of this, dues by state power generation companies were at ₹10,500 crore and central undertakings at ₹4,500 crore.
Gold prices hovered near a one-month peak on Thursday as the dollar and longer-dated Treasury yields retreated from recent highs following hotter-than-expected U.S. inflation data. Spot gold was little changed at $1,793.72 per ounce by 0100 GMT. Prices hit their highest level since Sept. 16 at $1,795.81 on Wednesday.
HCL Technologies, Cyient, Century Textiles, Mahindra CIE, Indiabulls Real Estate, GPTL Hathway, Inox Winds and Den Networks will announce their September quarter results today.
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