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Media & Entertainment

Zee Entertainment shares slump amid fresh concerns over company financials

Second-quarter net income lags behind estimates as ad revenue falls

The new disclosures raised concerns among investors, pushing Zee's shares down 5.6% in Mumbai trading.

MUMBAI (NewsRise) -- Shares of Zee Entertainment Enterprises tumbled Friday amid fresh concerns about the financials of India's top listed media company, which has been grappling with a debt of about $1 billion.

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