MUMBAI: Zee MD
Punit Goenka
has acquired a
majority stake
in
Maverick Media
, a company that builds and refurbishes single screen theatres, for an undisclosed amount. Goenka, who is also the promoter of Zee, has made this stake-purchase in his personal capacity.
“While my professional commitments continue to remain a priority (referring to his executive position at Zee), I believe that as key members of the fraternity, it is our collective responsibility to enhance the growth opportunities for all segments in the media value chain, and hence I have taken this decision in my personal capacity,” Goenka said.
We also published the following articles recently
Vikravandi: Small poll, big stakes
The decision of AIADMK and DMDK to boycott the Vikravandi bypoll on July 10 has made it a direct fight between DMK candidate Anniyur Siva and PMKs C Anbumani. DMK attributes AIADMKs decision to a secret pact with BJP; insiders say general secretary Edappadi K Palaniswami doesnt want any more damage to his partys image before the 2026 assembly election.
Airtel increases stake in Indus Towers, buys nearly 27 million share
Airtel bought 1% of Indus Towers shares from Vodafone PLC, becoming the largest shareholder. Vi contributes 35-40% to Indus Towers revenue, owing around Rs 10,000 crore to the tower company, which has boosted its net profit.
English (US) ·