ZEE makes 170 cr provisions owing to loan troubles
Mumbai, Oct. 18 -- Zee Entertainment Enterprises Ltd (ZEEL) on Thursday said it was forced to make provisions worth 170 crore in the quarter ended 30 September, due to delay in the recovery of a loan to an outside entity. In a stock exchange filing, Subhash Chandra's flagship company also said that a bank where ZEEL maintained a 200 crore deposit adjusted the sum against the dues of certain other related parties....
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