Zee shareholders approve appointment of directors
While Zee said the approvals reflected shareholders' confidence in the board, proxy advisory firms iAS and SES had recommended against ratifying Adhikari's and Karani's appointments.
Zee said its board has been making efforts to enhance its guidance to the management and strengthen the governance framework with policies. 'As part of this approach, the composition of the board is also being enhanced by enlisting experienced members from diverse sectors,' it added.
Karani comes with over three decades of experience spearheading advertising and media agencies across India, South Asia, the UK and Asia Pacific. Previously, she served as the CEO of Dentsu Media, South Asia, leading the agency for over 12 years. She currently serves on the Board of Kulfi Collective, a media network that builds brands and studios that function at the intersection of content, commerce and culture, as its chairperson and executive director.
Adhikari also comes with over three decades of domain expertise in global businesses and markets across technology, FMCG and consumer durables sectors as an operations, general management and investment specialist. His prior experience includes senior global leadership and executive roles across HCL, Unilever and PepsiCo, amongst others. He is currently the founder and senior partner at Indus Tech Edge Fund I, a growth fund focused on globalizing India's technology ecosystem.
Zee's shareholders have been unhappy with the extent of control the promoters have over the company despite their small stake.
Following its failed merger with the Indian entertainment business of Japan's Sony Group Corp., Zee has set in motion a turnaround plan to cut costs and double down on growth-focused investments.
Zee is developing new business units to expand its audience and augment revenue streams, as per an investor presentation published this month.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
32 minutes ago
- India.com
List of 10 largest banks in the world released, China dominates with top 4 positions followed by..., India is...
New Delhi: China is the second largest economy in the world. But if we look at the list of the 10 largest banks in the world in terms of assets, then China dominates it. China has four banks at the top of this list. The total assets of these four banks are around 23 trillion dollars. America and France have 2 banks each in the top 10 list, while Japan and Britain have one bank each. India's banks SBI and HDFC Bank are far behind in this list. Which are the 10 largest banks in the world by assets? Here is the list of 10 largest banks in the world by assets, top 4 are from China. According to Bloomberg, China's Industrial and Commercial Bank of China (ICBC) is at the top of this list with assets of 6.7 trillion dollars. It is the largest of the 'big four' banks in China, and the largest bank in the world by total assets. The Agricultural Bank of China (ABC), also known as AgBank, is one of the 'big four' banks in China, and the second largest bank in the world by total assets of $5.9 trillion. The China Construction Bank Corporation (CCB), headquartered in Beijing, is one of the 'big four' banks in China, and is the third largest bank in the world by total assets of $5.6 trillion. The Bank of China is one of the 'big four' banks in China. It is at number four in this list with the total assets of $4.8 trillion. In this way, there are four Chinese banks at the top four positions in the list of world's banks whose total assets are around $23 trillion which is more than China's GDP ($19.23 trillion). The total assets of these four Chinese banks are around $23 trillion which is more than China's GDP, which is about $20 trillion. Which are the other countries? In this list, America's JP Morgan Chase is at number five with assets of $4 trillion. Bank of America is at number six with assets of $3.3 trillion. Britain's bank HSBC is at number seven with assets of $3 trillion. France's BNP Paribas with $2.8 trillion and Credit Agricole Group with $2.7 trillion are at number eight and nine. Japan's Mitsubishi UFJ Financial Group is at number ten with $2.6 trillion. Where does India rank? India's largest public sector bank SBI ($547 billion) and HDFC Bank ($494 billion) are among the top 100. India's largest public sector bank State Bank of India (SBI) has total assets of $547 billion and HDFC Bank has assets of $494 billion. Both these Indian banks have made it to the top 100.
India Gazette
an hour ago
- India Gazette
"Indians in Dubai have carved a unique identity": MP CM Yadav
Dubai [UAE], July 13 (ANI): Madhya Pradesh Chief Minister Mohan Yadav congratulated Indians working in Dubai for strengthening the relations between both countries. He is in the UAE to meet investors, entrepreneurs, and experts and to introduce them to the possibilities of Madhya Pradesh, under the 'Global Dialogue 2025'. The Indian diaspora in Dubai welcomed Yadav on Sunday upon his arrival at Dubai. In a post on X, he said, 'Indians in Dubai have carved a unique identity through their hard work, culture, and values. Today, during my UAE visit, meeting Indian brothers, sisters, and youth at the Taj Hotel in Dubai has filled my heart with joy. Heartfelt gratitude for all your warmth!' As part of MP Global Dialogue 2025, Yadav received a warm welcome in Dubai from the Indian diaspora, including Jitendra Vaidya, President IPF UAE and was greeted by Satish Kumar Sivan, Consul General of India to Dubai marking the beginning of his UAE visit to promote investment in Madhya Pradesh. CM Yadav is in Dubai for Global Dialogue 2025. In a post on X, the Chief Minister's Office said, 'Under the 'Global Dialogue 2025,' with the aim of promoting investment in Madhya Pradesh, Chief Minister Dr. Mohan Yadav was warmly welcomed and felicitated upon his arrival in Dubai today during his UAE visit.' official visit to Dubai in the UAE and to Spain is scheduled from July 13 to July 19. The aim of his visit is to bring global investment to Madhya Pradesh, encourage technology sharing, and create new job opportunities. In Dubai, he will meet several well-known people to tell them about the strengths of Madhya Pradesh. He will speak about investment, education, and building strong cultural ties between Madhya Pradesh and Dubai. He will also meet members of the Indian community living there. During his visit, Yadav will also visit a temple in Dubai whose foundation stone was laid by Prime Minister Narendra Modi. Apart from this, he will also hold the first international roadshow in Dubai. (ANI)
India Gazette
an hour ago
- India Gazette
"Will be remembered for his cinematic brilliance, versatility": PM Modi pays tribute to Kota Srinivasa Rao
New Delhi [India], July 13 (ANI): Prime Minister Narendra Modi extended his condolences to the family of veteran Telugu actor and former MLA Kota Srinivasa Rao, who passed away on Sunday morning in Hyderabad. He was 83. PM Modi remembered the actor for his 'riveting' performances and social service throughout his over four-decade-long career. While paying tribute to the late Telugu actor, PM Modi wrote on X, ' Anguished by the passing of Shri Kota Srinivas Rao Garu. He will be remembered for his cinematic brilliance and versatility. He enthralled audiences across generations with his riveting performances. He was also at the forefront of social service and worked towards empowering the poor and downtrodden. Condolences to his family and countless admirers. Om Shanti.' Earlier, Tripura Governor Indra Sena Reddy Nallu expressed deep grief and extended heartfelt condolences to the family of veteran Telugu actor Kota Srinivasa Rao after the actor's demise. In an official statement, the Governor described the demise as an 'irreparable loss to the Telugu film industry.' Expressing his shock and sorrow, Governor Reddy said, 'The demise of the renowned actor Kota Srinivasa Rao, who won the affection of cinema audiences with his versatile roles, is deeply saddening. His artistic contributions to the fields of cinema and theatre over nearly four decades, and the roles he portrayed, will remain unforgettable.' Governor Reddy Nallu recalled the actor's legacy in Indian cinema, particularly in Telugu films, where he left a lasting impression through a wide range of powerful performances, especially as a villain and character artist. 'The numerous memorable roles he played will forever stay etched in the hearts of Telugu audiences,' he added. Apart from his contribution to cinema, the Governor also acknowledged Kota Srinivasa Rao's service in public life. The late actor was elected as an MLA from Vijayawada in 1999, further underlining his commitment to the people. Governor Reddy concluded his message by offering his profound condolences to the bereaved family and praying for strength and peace during this difficult time. Andhra Pradesh Chief Minister Chandrababu Naidu also condoled his death, calling it an 'irreparable loss' to the Telugu film industry. In a post on X, CM Chandrababu Naidu said, 'The demise of the renowned actor Kota Srinivasa Rao, who won the affection of cinema audiences with his versatile roles, is deeply saddening. His artistic contributions to the fields of cinema and theatre over nearly four decades, and the roles he portrayed, will remain unforgettable. The numerous memorable roles he played as a villain and character artist will forever stay etched in the hearts of Telugu audiences.' Apart from the politician, the film fraternity also expressed their grief, sorrow and extended their condolences to the Rao's family after his unfortunate demise. Tollywood megastar Chiranjeevi called him a 'multifaceted genius' and shared a long note on X (formerly Twitter), remembering his strong screen presence and the 'void' his death has left behind. Actor Ravi Teja, who worked with Kota Srinivasa Rao in over 10 films, also expressed his grief. 'Grew up watching him, admiring him, and learning from every performance. Kota Babai was like family to me, I cherish the lovely memories of working with him. Rest in peace, Kota Srinivasa Rao garu Om Shanti,' he wrote on X. Soon after the news of his death broke, several political leaders, film stars, and close friends began arriving at his residence to pay their last respects. From Tollywood megastar Chiranjeevi to Andhra Pradesh Deputy Chief Minister Pawan Kalyan, many were seen offering condolences to Rao's family. Kota Srinivasa Rao was born on July 10, 1942, in Kankipadu village, a suburb of Vijayawada city in Andhra Pradesh. Making his debut with 'Pranam Khareedu' in 1978, he acted in over 750 films in various languages. He also received the Padma Shri in 2015, India's fourth-highest civilian honour, for his contribution to Indian cinema. (ANI)
