Zee Entertainment explores stake sale in Music arm to shore up cash reserves: Exclusive
Zee Entertainment Enterprises Ltd. is exploring a 49% stake sale in its Music division, Zee Music to shore up the company’s cash balances, sources in the know told CNBC-TV18. Zee Music, which is currently a business unit, will now be made a subsidiary, according to the sources, who added that the announcement of the carve-out…
