Tag Archives: Zee Media Corporation (ZMCL)

Zee Media to rename Maurya TV

Zee Media Corporation Ltd (ZMCL) is awaiting awaiting clearance from the Ministry of Information & Broadcasting (MIB) to rename its news and current affairs channel Maurya TV as Zee Purvaiya. Maurya TV is owned by Maurya TV Pvt Ltd (MTPL), which in turn is a wholly owned subsidiary of Zee Media Corporation Ltd, according to [...]

Zee Media to unveil business news channel

Zee Media Corporation (ZMCL) has planned to launch a new business-oriented news channel. ZMCL has not disclosed further details and it is currently in the planning stage. We are in a planning and setting-up stage right now. As things stabilise and as we firm up our plans, we will certainly let you know, Ashish Kirpal [...]

Zee Media acquires Maurya TV for INR77.9mn

Zee Media Corporation (ZMCL) has announced the acquisition of Maurya TV with an investment of INR77.92 million. On 7 October 2013, ZMCL had entered into a share purchase agreement with the promoters of Maurya TV Prakash Jha, Sangita Jha, Manmohan Shetty and Krishanlal Chabbra to acquire 100% stake in the company. But ZMCL had [...]

Zee Media to raise INR 2 bn

Zee Media Corporation has received approval from the board to raise over INR 2 billion (USD 32.68 million) through a rights issue. “In a meeting held on 20 October 2014, inter alia, board has approved, in principle, raising of funds for an amount of not exceeding INR 2 billion through issue of equity shares of [...]