Zee Entertainment Enterprises will raise Rs 2,237 crore from its promoters through convertible warrants to bolster growth ...

Indian broadcaster Zee Entertainment on Monday approved a fundraise through the issue of fully convertible warrants worth 22.37 billion rupees (about $261 million) to certain shareholders.

ZEE TV saw its share surge ahead of rivals Sony TV and Colors on Saturday, according to exclusive data obtained by BizAsiaLive.com.