Zee Entertainment shares extends losing streak as Subhash Chandra insolvency appeal rattles investors

Zee Entertainment Enterprises Ltd (ZEEL) shares came under renewed selling pressure on Monday, extending their decline for the fourth consecutive trading session as the dispute over the insolvency resolution of Zee Group founder Subhash Chandra moves to the National Company Law Appellate Tribunal (NCLAT). The stock fell as much as 14.3% during intraday trade to…

Zee Entertainment shares extends losing streak as Subhash Chandra insolvency appeal rattles investors

Zee Entertainment Enterprises Ltd (ZEEL) shares came under renewed selling pressure on Monday, extending their decline for the fourth consecutive trading session as the dispute over the insolvency resolution of Zee Group founder Subhash Chandra moves to the National Company Law Appellate Tribunal (NCLAT). The stock fell as much as 14.3% during intraday trade to…

Business-related insolvency surge fuels personal fallout

Business-related personal insolvencies are surging, with the number of Australians entering insolvency for business reasons jumping 17.8 per cent in the June quarter. New figures from the Australian Financial Security Authority (AFSA) show 1,093 business-related personal insolvencies were recorded in the June quarter, up from 928 in the same period last year. The rise was…

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