SEBI finds another plot-hole in the Zee script
Summary
Host Akshara discusses SEBI’s fraud findings against Zee Entertainment promoters for unauthorized asset pledges and the cover-up in annual reports. The episode also analyzes India’s hydrogen sector, contrasting the slow progress of green hydrogen with the unproven potential of natural white hydrogen. Finally, it covers tidbits on RBI forex inflows, aviation reforms, state tax devolution, and food safety bans.
Topics discussed
Introduction and episode overview
SEBI's fraud findings against Zee Entertainment promoters
The 2018 land pledge and unauthorized collateral
Concealment in annual reports and legal defenses
Liability of Shubhash Chandra and Puneet Goenka
Zee's corporate liability and recent fundraise context
India's hydrogen demand and green hydrogen mission progress
Cost challenges and commercial deadlock in green hydrogen
White hydrogen: Potential benefits and geological prospects
Uncertainties, costs, and exploration status of white hydrogen
Market tidbits: RBI forex, aviation, and regulatory updates
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