A two-member NCLAT Bench granted ZEEL Managing Director and Chief Executive Officer Punit Goenka's petition.
NCLT has admitted IndusInd Bank's plea for initiating insolvency process for Zee Entertainment.
Its revenue from operations remained flat at around Rs 2,111 crore.
On the sectoral front, Nifty FMCG and IT extended over 1% gains.
According to Walt Disney's Q12023 results, the paid subscriber base of Disney+ Hotstar has decreased by 3.8 million to 57.5 million from 61.3 million at the fiscal year's end.
Along with India, he will lead APAC, which includes Japan and South East Asia.
Shares of the streaming video pioneer rose 6.1% to $335.05 in after-hours trading, after falling nearly 38% in the previous year.
The bid deadline, which was originally set for January 12, has been pushed back to January 16.
The Mumbai bench of NCLT has cleared the scheme of amalgamation between INOX Leisure and PVR.
INOX Leisure Limited is now present in 74 cities with 169 Multiplexes, 720 screens.
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