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Market snapshot: In a major regulatory relief, the Securities Appellate Tribunal (SAT) has granted conditional interim relief to Zee Entertainment Enterprises Limited. The tribunal has stayed SEBI’s restrictive order, permitting the media company to proceed with its proposed preferential allotment of fully convertible warrants to its promoter group.
The Securities Appellate Tribunal (SAT) on Friday allowed Zee Entertainment Enterprises (ZEEL) and its managing director and CEO Punit Goenka to proceed with the proposed issue of fully convertible warrants to a promoter group entity, providing a temporary relief from the securities market debarment imposed by the Securities and Exchange Board of India (SEBI).
The Securities Appellate Tribunal (SAT) on Friday granted partial relief to Zee Entertainment Enterprises Limited (ZEEL) by permitting it go ahead with its upcoming capital raising plans [Zee Entertainment Enterprises Ltd and Punit Goenka v. SEBI]
Streaming service Twitch has introduced an account setting that allows users to opt out of having their channel content used to train Amazon’s generative AI models. By default, this option is enabled for all users, and the platform has only announced the ability to opt out.
A new mod has now made it possible to play “Stardew Valley” in full 3D, in virtual reality, or to simply stick with the original 2D presentation, all from within the same installation.