Zee Entertainment Shares Jump 6 After Rs 418 Crore Fdi Approval
Economic Times
Zee Entertainment shares jumped after receiving government approval for a Rs 418 crore foreign investment from an Invesco-managed fund.
This marks the fund's return to ZEEL's shareholder base after a previous exit. The investment comes as the company navigates challenges in its broadcasting business but sees improvements in its digital segment. FDI inflows into India's information and broadcasting sector also saw a significant rise.
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