DOCSLIB.ORG

Forming Part of the Financial Statements

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Forming Part of the Financial Statements | NOTES | LAST FIVE YEARS FINANCIAL HIGHLIGHTS | PERFORMANCE RATIOS - AN ANALYSIS | NOTES forming part of the Financial Statements 1 CORPORATE INFORMATION sale are capitalised as part of the cost of respective asset. All Zee Entertainment Enterprises Limited (“ZEEL” or “the Company”) other borrowing costs are expensed in the year they occur. is incorporated in the State of Maharashtra, India. The Company is mainly in the following businesses: 6 Impairment of tangible and intangible assets At each Balance Sheet date, the Company reviews the carrying (a) Broadcasting of Satellite Television Channels; amount of assets to determine whether there is an indication that (b) Space Selling agent for other satellite television channels; those assets have suffered impairment loss. If any such indication exists, the recoverable amount of assets is estimated in order to (c) Sale of Television Content i.e. programs / film rights / feeds; determine the extent of impairment loss. The recoverable amount (d) Production and distribution of films. is higher of the net selling price and value in use, determined by discounting the estimated future cash flows expected from the 2 SIGNIFICANT ACCOUNTING POLICIES continuing use of the asset to their present value. 1 Basis of preparation 7 Depreciation / Amortisation on tangible / intangible assets The financial statements are prepared under the historical cost (a) Depreciation on tangible fixed assets is provided on convention on going concern basis in accordance with Indian straight line method at the rates specified in Schedule Generally Accepted Accounting Principles (GAAP) and comply XIV to the Companies Act, 1956 except Aircraft on which in all material aspects with the Accounting Standards notified depreciation is provided based on estimated useful life of under the Companies (Accounting Standards) Rules, 2006, 15 years. The rate of depreciation so derived is more than the provisions of the Companies Act, 1956 and guidelines the rate prescribed under Schedule XIV. issued by the Securities and Exchange Board of India (SEBI). The Company follows the mercantile system of accounting and (b) Premium on Leasehold Land and Leasehold Improvements recognises income and expenditure on accrual. are amortised over the period of Lease. 2 Use of estimates (c) Intangible assets are amortised on a straight line basis over the economic useful life estimated by the management. The preparation of financial statements requires the management to make estimates and assumptions that affect the reported 8 Investments amount of assets and liabilities, on the date of the financial (a) Investments, which are readily realisable and intended statements and the reported amount of revenue and expenses to be held for not more than one year from the date on for the year. Difference between the actual results and estimates which such investments are made, are classified as current are recognised in the period in which the results are known / investments. All other investments including investment materialised. property are classified as long-term investments. 3 Tangible fixed assets (b) Current investments are stated at lower of cost and market (a) Tangible fixed assets are stated at cost, less accumulated value determined on an individual investment basis. depreciation and impairment loss, if any. The cost Long-term investments are stated at cost less provision comprises purchase price, borrowing cost if capitalisation for diminution other than temporary in the value of such criteria are met and directly attributable cost of bringing investments. the asset to its working condition for the intended use. Integrated Receiver Decoders (IRD) boxes are capitalised, (c) Investment property when available for deployment. Investment in land which is not intended to be occupied substantially for use by or in the operations of the Company (b) Capital work in progress comprises cost of fixed assets is classified as Investment property. Investment properties and related expenses that are not yet ready for their are stated at cost. The cost comprises purchase price, intended use at the reporting date. borrowing costs, if capitalisation criteria are met and directly 4 Intangible assets attributable cost of bringing the investment property to its working condition for the intended use. Intangible assets acquired are measured on initial recognition at cost and stated at cost less accumulated amortisation and 9 Transactions in foreign currencies impairment loss, if any. (a) Foreign currency transactions are accounted at the 5 Borrowing costs exchange rate prevailing on the date of such transactions. Borrowing costs directly attributable to the acquisition, (b) Foreign currency monetary items are translated using the construction or production of an asset that necessarily takes exchange rate prevailing at the reporting date. Exchange a substantial period of time to get ready for its intended use or differences arising on settlement of monetary items or on 88 ANNUAL REPORT 2012-13 CORPORATE OVERVIEW OPERATIONAL OVERVIEW BOARD & MANAGEMENT REPORTS FINANCIAL STATEMENTS NOTES forming part of the Financial Statements reporting such monetary items at rates different from those iii Film rights are amortised on a straight-line basis at which they were initially recorded during the year, or over the licensed period or 60 months from the reported in previous financial statements are recognised commencement of rights, whichever is shorter. as income or as expenses in the year in which they arise. (b) Films produced and / or acquired for distribution: (c) Non-monetary foreign currency items are carried at cost. Cost is allocated to each right based on management 10 Revenue recognition estimate of revenue. Costs of theatrical rights, satellite rights, music rights, home video rights etc are amortised (a) Broadcasting revenue - Advertisement revenue (net of when sold / exploited and residual rights are carried at discount and volume rebates) is recognised when the lower of unamortised cost or net realisable value. related advertisement or commercial appears before the public i.e. on telecast. Subscription revenue is recognised i Theatrical rights: 70% of allocated cost is amortised on time basis on the provision of television broadcasting over three months of theatrical release of films and service to subscribers. balance 30% in subsequent three quarters. (b) Sales (including Programs, Film Rights) is recognised, when ii Satellite rights, music rights, home video rights etc: the significant risks and rewards have been transferred to Allocated cost of each right is expensed on sale and the customers. amortised on exploitation as per (a) (iii) above. (c) Services iii Negative rights : 90% of the cost is allocated and i Commission-Space selling is recognised when the amortised as per (i) and (ii) above and 10% of the related advertisement or commercial appears before cost is allocated to Intellectual Property Rights (IPR) the public i.e. on telecast. and amortised over subsequent five years. ii Theatrical revenue from films is recognised on receipt (c) Raw Stock : Tapes are valued at lower of cost or estimated of related sale reports. net realisable value. Cost is taken on weighted average basis. (d) Revenue from other services is recognised as and when such services are completed / performed. 12 Retirement and other employee benefits (a) Short-term employee benefits are expensed at the (e) Interest income is recognised on a time proportion undiscounted amount in the Statement of Profit and Loss basis taking into account principal outstanding and the in the year the employee renders the service. applicable interest rate. (b) Post employment and other long term employee benefits (f) Dividend income is recognised when the Company’s right are recognised as an expense in the Statement of Profit to receive dividend is established. and Loss at the present value of the amount payable determined using actuarial valuation techniques in the 11 Inventories year the employee renders the service. Actuarial gains and (a) Television Content for Broadcasting : losses are charged to the Statement of Profit and Loss. Inventories includes Programs, Film rights (completed (commissioned / acquired) and under production) are 13 Accounting for taxes on income stated at lower of cost / unamortised cost or realisable (a) Current Tax is determined as the amount of tax payable value. Cost comprises acquisition / direct production cost. in respect of taxable income as per the provisions of the Where the realisable value on the basis of its estimated Income Tax Act, 1961. useful economic life is less than its carrying amount, the (b) Deferred tax is recognised, subject to consideration of difference is expensed as impairment. Programs, film prudence in respect of deferred tax asset, on timing rights are expensed / amortised as under: difference, being the difference between taxable income i Programs - reality shows, chat shows, events, current and accounting income that originate in one period and are affairs, game shows and sports rights etc. are fully capable of reversal in one or more subsequent periods and expensed on telecast. measured using relevant enacted tax rates and laws. ii Programs (other than (i) above) are amortised over 14 Leases three financial years starting from the year of first telecast, as per management estimate of future (a) Finance Lease revenue potential. Assets acquired under Finance Lease are capitalised and the corresponding lease liability is recorded at
Load more

Recommended publications
  • ZEEMEDIA [email protected]
    ZEEMEDIA [email protected] Collaborative Strategies C o h e s i v e G r o w t h ZEEMEDIA ZEE MEDIA CORPORATION LIMITED REGISTERED OFFICE 14th Floor, A Wing, Marathon Futurex, NM Joshi Marg, Lower Parel, Mumbai - 400013 Maharashtra Tel.: +91 22 7106 1234 Fax: +91 22 2300 2107 Website: www.zeenews.india.com Annual Report 2017-18 OUR ZEEMEDIA PRESENCE INSIDE THIS REPORT Corporate Overview Collaborative Strategies Cohesive Growth 01 Growing Together with Viewer Engagement 02 Growing Together with Advertisers' Reach 03 Growing Together with Society and Government 04 Growing Together with Our Employees - Our Trusted Aides 05 Srinagar Steadfast Progress, Nurturing New Ventures 06 Jammu Raising the Bar with Innovations 08 Message to Shareholders 10 Growth Firmly Embedded in Value System 12 Chandigarh Dehradun Our Channels and Digital Platforms 13 Corporate Information 16 Noida STATUTORY REPORTS Lucknow Varanasi Notice 17 Jaipur Ajmer Directors' Report 26 Patna Corporate Governance Report 43 Kota Management Discussion and Analysis 56 Ranchi Kolkata Ahmedabad Bhopal Indore Vadodara FINANCIAL STATEMENTS Rajkot Raipur Surat Standalone Financial Statements 67 Nagpur Consolidated Financial Statements 121 Bhubaneswar Nasik Aurangabad Thane Mumbai BSE, Mumbai Pune Kohlapur Hyderabad FORWARD LOOKING STATEMENTS Bengaluru Certain statements in this annual report concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We have tried wherever possible to identify such statements by using words such as 'anticipate', 'estimate', 'expect', 'project', 'intend', 'plan', 'believe' and words of similar substance in connection with any discussion of future performance.
    [Show full text]
  • Press Release Zee Entertainment Enterprises Limited
    Press Release Zee Entertainment Enterprises Limited February 08, 2019 Ratings Amount Facilities Rating1 Rating Action (Rs. crore) CARE AA+; Credit Watch with Revised from CARE AA+; Long-term Bank negative implications 125.00 Credit watch with Facilities [Double A Plus; Credit watch with developing implications negative implications] CARE A1+; Credit Watch with Revised from CARE A1+; Short-term Bank negative implications 80.00 Credit watch with Facilities [A One Plus; Credit watch with developing implications negative implications] 205.00 Total Facilities (Rs. Two hundred and five crore only) Details of facilities in Annexure-1 Detailed Rationale& Key Rating Drivers The ratings assigned to the bank facilities of Zee Entertainment Enterprises Limited (ZEEL) have been placed on credit watch with negative implications on account of the reduced financial flexibility of Essel Group as an after effect of the recent decline in the market capitalization of the listed entities belonging to the Group. As on December 31, 2018, amongst the total promoter holding of 41.62% in ZEEL; 59.37% has been pledged. The promoters have conveyed their intentions to sell/divest up to 50% of their equity stake to a strategic partner, which is expected to improve the liquidity position of the group. However, in view of the recent developments, the ability of the group to sell its desired stake in ZEEL at the valuations envisaged forms a key rating sensitivity. Also, these recent developments have resulted in a reduction in the promoter’s stake in ZEEL from 41.62% (as on December 31, 2018) to 39.08%. As reported by the company to the stock exchanges, the lenders of the Group have provided a formal consent wherein no event of default is expected to be declared till September 30, 2019 on account of sharp decline in the prices of the pledged shares.
    [Show full text]
  • KPMG FICCI 2013, 2014 and 2015 – TV 16
    #shootingforthestars FICCI-KPMG Indian Media and Entertainment Industry Report 2015 kpmg.com/in ficci-frames.com We would like to thank all those who have contributed and shared their valuable domain insights in helping us put this report together. Images Courtesy: 9X Media Pvt.Ltd. Phoebus Media Accel Animation Studios Prime Focus Ltd. Adlabs Imagica Redchillies VFX Anibrain Reliance Mediaworks Ltd. Baweja Movies Shemaroo Bhasinsoft Shobiz Experential Communications Pvt.Ltd. Disney India Showcraft Productions DQ Limited Star India Pvt. Ltd. Eros International Plc. Teamwork-Arts Fox Star Studios Technicolour India Graphiti Multimedia Pvt.Ltd. Turner International India Ltd. Greengold Animation Pvt.Ltd UTV Motion Pictures KidZania Viacom 18 Media Pvt.Ltd. Madmax Wonderla Holidays Maya Digital Studios Yash Raj Films Multiscreen Media Pvt.Ltd. Zee Entertainmnet Enterprises Ltd. National Film Development Corporation of India with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. entity. (“KPMG International”), a Swiss with KPMG International Cooperative © 2015 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated and a member firm of the KPMG network of independent member firms Partnership KPMG, an Indian Registered © 2015 #shootingforthestars FICCI-KPMG Indian Media and Entertainment Industry Report 2015 with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. entity. (“KPMG International”), a Swiss with KPMG International Cooperative © 2015 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated and a member firm of the KPMG network of independent member firms Partnership KPMG, an Indian Registered © 2015 #shootingforthestars: FICCI-KPMG Indian Media and Entertainment Industry Report 2015 Foreword Making India the global entertainment superpower 2014 has been a turning point for the media and entertainment industry in India in many ways.
    [Show full text]
  • A New Vision Is Blooming
    A NEW VISION IS BLOOMING ZEE 4.0 - ANNUAL REPORT 2020-21 Zee Entertainment Enterprises Limited Transformation stems from the natural evolution of every living being. Inside each of us lies a distinctive desire to do something more than the norm, out of the ordinary. This nature of existence flows from people to businesses, leading them from old path to new, creating opportunities for themselves and for the rest of the world. Media and Entertainment landscape is not untouched by this phenomenon. From consumer FINANCIAL behaviour to consumer experiences, the industry has evolved in all shapes and forms over STATEMENTS the last few decades. Today, we are seeing a paradigm shift in the consumption and delivery 03 of entertainment. In this new realm, the alchemy of the consumer experience is one that blends content creation, delivery, and monetization in a seamless manner. This hyper- STANDALONE competitive, digitally accelerated environment demands a unique strategic vision. We at ZEE INDEX Independent Auditor’s Report 107 are preparing to step into this future with a sharper and synergised version, transforming into ZEE 4.0 - a future-ready organisation to gain competitive advantage. ZEE 4.0 is Balance Sheet 115 designed around enhanced customer centricity with levers for capitalizing on Statement of Profit and Loss 116 immense growth opportunities and driving higher profitability. COMPANY Statement of Cash Flow 117 OVERVIEW The 5G pillars - Governance, Granularity, Growth, Goodwill and Gusto, form 01 Statement of Changes in Equity 119 the cornerstone of ZEE 4.0, sharpening our abilities to capture the emerging Notes 121 opportunities across markets, to transform ZEE into South Asia’s leading Media & Key Performance Indicators 04 STATUTORY Entertainment Company.
    [Show full text]
  • Business Profile
    Zeal Z Entertainment Services Pvt. Ltd. - PROFILE Zeal Z Entertainment Services Pvt. Ltd. (ZZE) is a leading Film, Television & Entertainment (FTVE) solution outfit based in Bhopal covering Madhya Pradesh, Gujarat and other parts of Central India, in operation since July 2008. We Have line produced over 150+ Feature Films, TV shows, Commercials, Documentaries, etc. to date, Like PRAKASH JHA’s RAAJNEETI, AARAKSHAN, CHAKARVYUH, SATYAGRAHA, JAI GANGAAJAL, LIPSTICK UNDER MY BURKHA, ANIL SHARMA’s SINGH SAHAB THE GREAT, ASHUTOSH GOVARIKAR’s MOHANJO-DARO, NEERAJ PANDEY’s TOILET-Ek Prem Katha, RAJKUMAR HIRANI’s SANJU, DINESH VIJAN’s STREE, and most recently ZEE STUDIO’s MANIKARNIKA – THE QUEEN OF JHASI, KARAN JOHAR’S KALANK, FOX STAR STAR STUDIO’S PANGA AND ANURAG BASU’s LUDO. Film & Television Line Production Services is the heart and soul of Zeal Z Entertainment services Pvt. Ltd., we handle a range of production from multi-million projects to small single camera interviews. We know where the incentives are and how to manage them in various states giving the maximum value for any filmmaker. Our database of the locations allows us to instantly offer our clients choices that best suit their needs. We have the skill to put together the right crew for the job and our professionalism ensures that the film makers are able to complete their project within the budget, on time, hassle free. COMPANY EXECUTIVES ZULFIQAR ALI, Ace Ghazal Singer & Music Director Zulfiquar Ali is the Executive Director of Zeal Z Entertainment services Pvt. Ltd. He was trained under Ustad Zia fariduddin Dagar sahab and has been performing as a Ghazal Artist since 1973.
    [Show full text]
  • Zeel's Mission Goal
    ANNUAL REPORT 2016-17 A TO ZEE OF CONTENT LEADERSHIP CORPORATE OVERVIEW STATUTORY REPORTS 01 02 ZEEL At A Glance 02 46 Management Discussion And Analysis 04 Events And Milestones 66 Notice 06 Message From The Chairman 70 Directors’ Report 08 Key Performance Indicators 76 Annexures to Directors’ Report 10 Message From The MD & CEO 88 Secretarial Audit Report 12 All You Can See 90 Report on Corporate Governance 14 We Speak Your Language 104 Business Responsibility Report 16 We Are Where You Want To Be 109 Certification of Financial Statements 18 All The World Is A Stage 20 More. Much More Than TV. 22 Business Overview FINANCIAL STATEMENTS 30 Strategy For Sustainable Growth 03 STANDALONE 32 Q&A With Amit Goenka - CEO (International Business) 110 Independent Auditor’s Report 34 Q&A With Chief Finance and Strategy Officer 114 Balance Sheet 36 Board Of Directors 115 Statement of Profit and Loss 38 Leading With People 116 Statement of Changes in Equity 40 Leading With Thought. Growing Through Engagement 117 Statement of Cash Flow 42 Corporate Social Responsibility 119 Notes 43 Caring For The Environment 162 Last Five Years Financial Highlights 44 Corporate Information 163 Performance Ratios - An Analysis CONSOLIDATED 164 Independent Auditor’s Report 168 Balance Sheet 169 Statement of Profit and Loss 170 Statement of Changes in Equity 171 Statement of Cash Flow 173 Notes ATTENDANCE SLIP & ROUTE MAP FOR VENUE OF AGM PROXY FORM ON THE COVER Forward-looking statement In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our A TO ZEE OF CONTENT prospects and take investment decisions.
    [Show full text]
  • ANNUAL REPORT ANALYSIS Zee Entertainment Enterprises
    India Equity Research December 22, 2020 ANNUAL REPORT ANALYSIS Zee Entertainment Enterprises MARKET DATA Zee Entertainment Enterprises’ (Zee) FY20 Annual Report comes 52-week range (INR) NIL with an auditor’s qualified opinion w.r.t. Letter of Comfort (LOC) on Share in issue (mn) 960.5 Put Option Agreement between ATL Media (subsidiary) and Living Market cap (INR bn/USD mn) 217/2,951 Avg. Daily Vo. BSE/NSE (‘000) 26,323 Entertainment (related party) (pg 4). Profitability was hit by several provisions/write-downs such as fair valuation loss on offshore investments, goodwill impairment (online media), accelerated Shareholding Pattern (%) amortisation (inventory) and doubtful debts provisions. Promoters * 4.0 MFs, FIs & Banks 11.3 Other points: (i) Another key audit matter-Though recovered later, FIIs 66.2 during FY20, banks had prematurely adjusted INR2bn of Zee’s FD Others 18.5 against repayments due from related parties. (ii) ICD of INR1.7bn *Promoters pledged shares 0.24 (% of share in issue) written off. (iii) In standalone, Zee devalued investments in Essel Vision Production (EVP) up to 74% (INR4.4bn). (iv) OCF (post interest) at INR1.3bn versus INR(79)mn in FY19. Auditors Deloitte Haskins & Sells LLP Auditor’s qualified opinion w.r.t. Letter of Comfort The auditor has issued a qualified opinion with regard to non-recognising contingent liability against LOC given by Zee to banks and liability against Put Option Agreement of INR8bn in FY16 (renewed to INR4bn during FY20) entered between ATL Media (Zee’s 100% subsidiary) and LEL (promoter-owned company), which got rescinded post FY20, quoting misrepresentation by LEL (refer to page 4 for details).
    [Show full text]
  • Rating Rationale Zee Entertainment Enterprises Limited 4 June 2109
    Rating Rationale Zee Entertainment Enterprises Limited 4 June 2109 Brickwork Ratings has placed the ratings of BWR AAA on “Credit Watch with Negative ​ Implications” from “Credit Watch with Developing Implications” of Zee ​ ​ Entertainment Enterprises Limited’s (ZEEL) 6% Cumulative Redeemable ​ Non-convertible (CRNPS) Preference Shares and Issuer rating. Particulars Previous Outstanding Current Previous Instruments Amount Amount Rating Rating (Rs. Cr) (Rs. Cr) ​ BWR AAA (Credit BWR AAA (Credit Watch 6% Cumulative Watch With Negative With Developing Redeemable Implications) Implications) Non-convertible 1615 (Pronounced BWR (Pronounced BWR Triple A Preference Shares 1210.16 Triple A Credit Watch Credit Watch With (CRNPS) With Negative Developing Implications) Implications) BWR AAA (Credit BWR AAA (Credit Watch Watch With Negative With Developing Implications) Implications) Issuer Rating NA (Pronounced BWR (Pronounced BWR Triple A NA Triple A Credit Watch Credit Watch With With Negative Developing Implications) Implications) *Please refer to BWR website www.brickworkratings.com/ for definition of the ratings ​ ​ BWR has essentially relied upon audited financials of ZEEL up to FY19, information available in the public domain and the information and clarifications provided by the management. Rating Rationale The revision factors delay in stake sale plans by the Promoters which was announced on 14th ​ November 2018 to a Strategic partner, which according to the Promoters was to pursue disruptive technological development and transform the business in to tech-media. Subsequently in January 2019 the promoter announced that proceeds from stake sale will be utilized for repayment of debt against pledge of promoter held shares at group level. On April 17 2019, the promoter had informed that they were hopeful of entering into Non-Binding Term Sheet by end of April/early May 2019 for monetization of stake in ZEEL.
    [Show full text]
  • NEW 2015 IMM Placement Broucher
    MET INSTITUTE OF MASS MEDIA PLACEMENT BROCHURE Advertising Multimedia Journalism Entertainment OUR FAITH Knowledge can neither be stolen by a thief, nor snatched by a king. It is indivisible unlike ancestral property, it never burdens the bearer, it multiplies manifold when offered to others. Knowledge is the supreme form of wealth. OUR VISION To shape professionals, to conquer the present and the future challenges to the socio economic fabric of our society, by institutionalising search, development, research and dissemination of relevant knowledge through structured learning systems. OUR MISSION To evolve, develop and deliver dynamic learning systems to equip professionals with conscience and commitment to excellence and courage to face business challenges. Introduction 01 The MET Edge 03 From the Chairman’s Desk 04 Sharp at Every Turn 05 MET Institute of Mass Media 07 Learning from professionals, not professors 08 Life at MET IMM 09 Media Voice 11 Key Celebrity Alumni 11 The Industry Speaks 11 The Media Boom and Media Convergence 12 Overview 13 The Sharpening Process 14 Placement Process 15 Syllabus 16 Student Profiles - Advertising 26 Student Profiles - Multimedia Journalism 41 Student Profiles - Entertainment 43 Our Esteemed Patrons 56 Recruitment Opportunity 57 Recruitment Form 58 CONTENTS INTRODUCTION Bhujbal Knowledge Centre, Mumbai Institute of Management Institute of Mass Media Asian Management Development Centre Centre for Insurance Training, Research & Development Institute of Pharmacy Institute of Medical Sciences Institute
    [Show full text]
  • ANNUAL REPORT ENTERPRISES LIMITED CIN No: L92132MH1982PLC028767 2014-15 in This Report
    investing in tomorrow ZEE ENTERTAINMENT ANNUAL REPORT ENTERPRISES LIMITED CIN No: L92132MH1982PLC028767 2014-15 in this report iswhat ZEE ON THE COVER Investing in tomorrow, the theme for this annual report, is what we believe will lead ZEE to its goals. The creative treatment of the report is a depiction of our strong devoted belief in the quality of our content, and the goodwill of our brand. View this report online at http://www.zeetelevision.com/investor-relations/financials-annual.html To view our Quarterly results please visit http://www.zeetelevision.com/investor-relations/report-earning-release.html FORWARD LOOKING STATEMENTS: In this Annual Report, we have disclosed forward looking information to enable investors to comprehend our future prospects and capabilities and take investment decisions. This report and other statements - written and oral - that we periodically make contain announcements and communication that set out anticipated results based on the management’s plans and assumptions. We have tried, wherever possible, to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these assertions will be realised, although we believe we have been prudent in our communication. The achievements of results are subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should keep this in mind. We undertake no obligation to publicly update any observation , whether as a result of new information, future events or otherwise.
    [Show full text]
  • A Study of the Indian Singing Reality Television Show "Sa Re Ga Ma Pa”
    Rupkatha Journal on Interdisciplinary Studies in Humanities (ISSN 0975-2935) Indexed by Web of Science, Scopus, DOAJ, ERIHPLUS Vol. 13, No. 1, January-March, 2021. 1-16 Full Text: http://rupkatha.com/V13/n1/v13n140.pdf DOI: https://dx.doi.org/10.21659/rupkatha.v13n1.40 Published on March 28, 2021 The Cultural Expressions and Representation of National Identity- A Study of the Indian Singing Reality Television Show "Sa Re Ga Ma Pa” Taranjeet Kaur Chawla1 Shiv Shankar Sharma2 Rayaz Hassan3 1Ph.D. Research Scholar, Department of Journalism and Mass Communication, Manipal University Jaipur, Rajasthan-India. ORCID id: 0000-0002-5336-1964 Email id: [email protected] 2Ph.D. Research Scholar, Department of Journalism and Mass Communication, Manipal University Jaipur, Rajasthan-India. Email id: [email protected] 3Associate Professor, Department of Journalism and Mass Communication, Manipal University Jaipur, Rajasthan-India. Email id: [email protected] Abstract This paper aims to understand the narrative structure of Indian singing reality television show to identify the representation of national identity. By focusing on the “Sa Re Ga Ma Pa” show format, this paper has followed the work of Vladimir Propp to examine the cultural expressions with the sequential development of the narrative plot. The convergent parallel mixed method has been using to collect quantitative and qualitative data. While using the Likert scale, the reliability of the questionnaire has been calculated and reported Cronbach’s alpha coefficient for internal consistency reliability. The quantitative data has gathered from 205 respondents and 99 episodes aired from 2017 to 2019 have analysed in qualitative data, which is followed by data analysis through IBM SPSS Statistics.
    [Show full text]
  • An~Roup Enterprise
    A n ~ roup Enterprise December 6, 2020 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra- Kurla Complex, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai- 400 001 NSE Symbol: - ZEEMEDIA BSE Scrip Code: - 532794 Kind Attn.: Corporate Relationship Department Subject: Annual Report of the Company for the Financial Year 2019-20 along with Notice calling the 21st Annual General Meeting scheduled to be held on December 29, 2020 Dear Sirs, This is in continuation to our intimated dated November 12, 2020 wherein it was informed that the Board of Directors of the Company have approved convening of the 21st (Twenty first) Annual General Meeting ('AGM') of the Equity Shareholders ofthe Company on Tuesday, December 29, 2020 through Video Conferencing ('VC') /Other Audio Visual Means ('OAVM') and our intimation dated November 30, 2020 wherein copy of Public Notice by way of an newspaper advertisement specifying that the Annual General Meeting will be held on December 29, 2020 through VC or OAVM facility and other requirements relating to AGM, were filed . With regard to the above, we wish to inform you that the 21st Annual General Meeting of the members of the Company is scheduled to be held on Tuesday, December 29, 2020 at 11:30 AM (IST) through Video Conferencing/Other Audio Visual Means. Pursuant to regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of Zee Media Corporation Limited for the Financial Year ended on March 31, 2020, along with Notice calling the 21st Annual General Meeting.
    [Show full text]