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Take down article claiming ₹2,000 crore accounting issue at Zee: Delhi court to Bloomberg
short by Hiral / on Friday, 1 March, 2024
Delhi Sessions Court has ordered Bloomberg to take down an article published against Zee Entertainment Enterprises on February 21, which claimed a ₹2,000 crore accounting issue at the company. Zee claimed the article was "false and factually incorrect, with a...malafide intention to defame the company". The article led to a 15% drop in share price, eroding investor wealth, Zee said.
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