ZEE leadership rejig: Punit Goenka resigns as MD, CFO Mukund Galgali will be deputy CEO

The Board said it remains confident in Punit Goenka’s abilities to drive a higher growth trajectory for the Company and achieve the enhanced targets in an operational capacity and hence has specified higher performance metrics for his 40% variable pay. If he achieves his targets more than 100%, he may get a higher variable pay, subject to a cap.

Punit Goenka to continue as CEO of ZEEL after relinquishing the position of managing director. Mukund Galgali has been elevated to the role of Deputy Chief Executive Officer.

Reliance-Disney JV: Who are the top leaders at JioStar?

Star India and Reliance Industries formed a joint venture in 2024

The JV will be one of the largest Media & Entertainment companies in India with pro forma combined revenue of approximately Rs 26,000 crore for the fiscal year ended in March 2024.