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VERIFIEDET Stocks·neutral
Zee Entertainment shares in focus ahead of FIFA World Cup, Rs 2,300-crore fundraising plans
AI Summary
- ·Zee Entertainment's board approved raising at least Rs 2,300 crore for strategic initiatives.
- ·The company secured exclusive media rights for FIFA events until 2034.
- ·Fundraising aims to bolster the balance sheet and invest in growth, with expansion into micro-drama and visual effects.