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zee entertainment shares in focus after fundraising plan fails amid shareholder pushback

In growth push, Zee plans to raise Rs 2. 3k crore

MUMBAI: Zee Entertainment Enterprises is seeking to raise Rs 2,300 crore for strategic and business initiatives, nearly a year after shareholders blocked a similar attempt by the broadcaster’s promoter group to increase its stake.The company said its board would deliberate further on funding options, without specifying the instrument or timeline. The move comes as Zee...
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Government may hold off on higher ethanol mandate

NEW DELHI: The government may not immediately mandate a higher level of ethanol blending but leave it to buyers to decide on flex fuel vehicles amid concerns that rushing from E20 to E25 will damage engines of existing vehicles.Most cars and 2-wheelers manufactured between 2012 and March 2023 were designed or certified to be E10-compliant,...
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Equity Mutual Funds Inflows: Equity fund inflows lose steam as geopolitical risks weigh on markets, hit 12-month low of Rs 22,908 crore in May

Equity mutual funds saw a sharp slowdown in inflows in May, falling to their lowest level in a year as geopolitical tensions in West Asia, rising crude oil prices and market volatility weighed on investor sentiment, according to data released by the Association of Mutual Funds in India (AMFI).Net inflows into equity schemes stood at...
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