Take down Zee report, court asks Bloomberg

Friday, 1 March 2024
A sessions court in Delhi on Friday ordered Bloomberg Television Production Services India to take down a Feb 21 report it published against Zee. The report said that Sebi found $241-million accounting issue at the broadcaster. After the report was published, Zee's stock price slumped 15%, eroding investor wealth. Zee refuted that no such finding was made by the markets regulator.

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