In a surprising turn of events, shareholders of Zee Entertainment Enterprises Ltd (ZEEL) voted against the resolution to reappoint Punit Goenka as director in the company's 42nd annual general meeting. This comes after Goenka resigned as the managing director, but was appointed CEO to focus entirely on operational responsibilities. In response to the news, ZEEL's shares jumped nearly 8% in early trade, adding to a 15% increase since Goenka's resignation. The company's board has also designated its CFO, Mukund Galgali, as the deputy chief executive officer in addition to his current role.
In a dramatic turn of events, Punit Goenka, the managing director of Zee Entertainment Enterprises Limited (ZEEL), has withdrawn his reappointment for the position. This decision comes after ZEEL raised their targets for Goenka and extended his term for another five years. However, Goenka is now facing backlash and scrutiny from the company and its shareholders, especially after losing an arbitration claim against RailTel. With the company's profitability in question and major leadership changes in the works, what does the future hold for ZEEL?
During a recent owners' meeting at the BCCI headquarters, Shah Rukh Khan and Kavya Maran spoke out against having a mega auction for the upcoming IPL season. They were supported by other owners, including Delhi Capitals' Kiran Kumar Grandhi and Lucknow Super Giants' Sanjiv Goenka. However, a final decision has yet to be made by the BCCI, who will convey their decision to the owners by the end of August. The debate over the mega auction will ultimately determine the number of player retentions allowed.
Sanjiv Goenka, the owner of Lucknow Super Giants, received backlash for his public outburst towards KL Rahul after the team's defeat to Sunrisers Hyderabad. In response, India fast bowler Mohammad Shami expressed his disappointment and shame over the incident, stressing on the importance of keeping such conversations within the dressing room or team hotel. Shami's comments echo the sentiments of other cricketers who believe that such reactions have no place in sports.
Indian pacer Mohammed Shami has spoken out against Sanjiv Goenka, owner of the Lucknow Super Giants team in the Indian Premier League, for his public reprimand of player KL Rahul after a loss. Shami condemned Goenka's actions, stating that it sends the wrong message and could have been handled privately. The incident, which has gone viral on social media, has sparked discussions on the appropriate way to handle such matters in the field of sports.
After a crushing loss to SRH in the IPL 2024 match, LSG owner Sanjiv Goenka and skipper KL Rahul engaged in an intense discussion on the field which was captured by broadcasters. This exchange caught the attention of social media users and raised questions about keeping team matters private. Experts also weighed in, expressing concern for Rahul having to face the team owner's wrath in front of spectators. This incident adds to a tough few days for the 32-year-old player who was recently left out of the squad for the 2024 T20 World Cup.
In a shocking turn of events, video footage of Lucknow Super Giants owner Sanjiv Goenka angrily confronting captain KL Rahul after their devastating loss to Sunrisers Hyderabad has gone viral. Fans were left seething at Goenka's unprofessional behavior and have even called for Rahul to step down as captain. This is not the first time an IPL team owner's intense reactions have been caught on camera, as seen previously with Delhi Capitals owner Parth Jindal's fiery outburst during the DC vs RR match.
Following two consecutive heavy losses, Lucknow Super Giants' owner Sanjiv Goenka publicly expressed his disappointment towards team captain KL Rahul for his poor performance. During a heated exchange caught on camera, Goenka scolded Rahul before head coach Justin Langer intervened. Many criticized Goenka's approach, suggesting that his disappointment could have been conveyed in a more private and respectful manner, considering the public scrutiny on the field.
After suffering a 98-run loss against Kolkata Knight Riders and Sunrisers Hyderabad's quick chase of their target of 166 runs, Lucknow Super Giants' owner Sanjiv Goenka was seen showing his frustration and disappointment towards his team's performance. This drew criticism as it was unusual to see a franchise owner openly expressing his disappointment towards his own team on the field. The incident has raised questions about the team's future in the ongoing IPL season.
In a viral clip, Lucknow Super Giants owner Sanjiv Goenka can be seen having an animated chat with coach Justin Langer and captain KL Rahul after their team's crushing loss to Sunrisers Hyderabad in the IPL 2024 match. While the audio of the conversation is not clear, it is evident that Goenka is unhappy with the team's performance. This incident has sparked reactions from fans, with many suggesting that Rahul should leave the team. In the match, Sunrisers Hyderabad's Travis Head and Abhishek Sharma put on a batting masterclass, easily chasing down the target set by LSG.