Zee Entertainment shares rally 8% after SAT grants interim relief in Sebi order

Zee Entertainment’s shares experienced a surge following the Securities Appellate Tribunal’s grant of interim relief. The tribunal has put a hold on SEBI’s order, permitting promoters to issue preferential warrants. Additionally, ZEEL is allowed to utilize mutual fund units for dividend distribution. However, this relief comes with the condition of paying the penalty that SEBI…

States race to build India’s next GCC boom

Indian states are actively pursuing Global Capability Centre growth by 2031. These efforts aim to create over one million new jobs and establish many new centers. Dedicated policies and incentives are driving this significant expansion across multiple regions. GCCs are increasingly leasing substantial office space, showing strong real estate demand. Bengaluru and Hyderabad lead this…