ZEE Entertainment CEO Punit Goenka, who resigned from the post of Managing Director last week, has also withdrawn himself from reappointment for the post in the coming AGM, according to an exchange filing.

While sharing Goenka’s resignation letter to exchanges on Saturday, Zee Entertainment Enterprises Ltd (ZEEL) said he is “withdrawing his consent for his re-appointment as Managing Director of the company as proposed in the Notice of the ensuing Annual General Meeting”.

Earlier on October 18, 2024, the ZEEL board approved the proposal for Goenka’s reappointment for a five-year term, effective from January 1, 2025, to December 31, 2029. Goenka’s present tenure as Managing Director & CEO of the company was scheduled to finish at the 2024-end.

Goenka’s re-appointment was subject to approval from the shareholders, in the coming AGM, which is scheduled to be held on November 28. However, on November 18 Punit Goenka, son of media baron Subhash Chandra, resigned as the Managing Director of Zee Entertainment.

Earlier, the ZEEL board had enhanced the performance targets for Goenka for his re-appointment, according to a filing by the company.

Hero MotoCorp and its US-based partner Zero Motorcycles are in the advanced stage of developing a mid-sized performance segment electric motorcycle, according to a top company executive.

California-based Zero Motorcycles specialises in electric motorcycles and powertrains. In September 2022, Hero MotoCorp’s board approved an equity investment of up to $60 million in the company.

In 2023 the companies announced collaboration for the development of premium electric bikes. “As far as EV motorcycles … we are developing in partnership with Zero Motorcycles..it (bike) will be coming in the middle-weight segment,” Hero MotoCorp CEO Niranjan Gupta said in an analyst call.

He further said: “I would say it’s in the advanced stage. We haven’t announced the timeline as yet, but we would be looking at something which would not be too far off.”

The bike will come in the performance segment, Gupta stated.

The company is also expanding its electric scooter range covering multiple price segments of this calendar year.

“So basically, within six months, we would have covered most of the price and the customer segment as far as EV scooters are concerned,” Gupta stated.

Hero MotoCorp’s current VIDA electric scooter range is currently priced between Rs 1-1.5 lakh, including state subsidies. The company sells the VIDA range in over 230 cities and towns in the country, with over 400 sales touchpoints.

Hero MotoCorp is also hopeful that its electric products will be compliant with the PLI scheme in FY26.

On the overall business outlook, Gupta stated: “The economy, I think, is on a more positive trajectory than earlier, clearly, and we are very optimistic about the outlook of the economy in general and the auto sector, in particular. So overall, I would say the festive cheer will continue even beyond the festive season.

Replying to a query related to the company’s overseas business, he stated that the two-wheeler major is seeing good traction coming from markets like Colombia and Mexico.

“In fact, Colombia delivered their first quarter of a bottom-line turnaround. They are cash and EBITDA positive for the first time. And of course, then we see traction coming from Mexico and from some of the other countries as well,” Gupta said.

There are countries that need to fire more like Bangladesh, Turkey and Nigeria, he added.

“I think our disproportionate focus on growing the top ten countries while nurturing the rest of the countries and making selective entries into some of the markets, is starting to play out well,” Gupta said.

Launched in 2014, PhotoSparks is a weekly feature from YourStory, with photographs that celebrate the spirit of creativity and innovation. In the earlier 820 posts, we featured an art festival, cartoon gallery. world music festival, telecom expo, millets fair, climate change expo, wildlife conference, startup festival, Diwali rangoli, and jazz festival.

Krish Datta and Avik Bandyopadhyay founded MayinArt as a platform to promote art in Asia. This year, they hosted two art exhibitions in Singapore (Palette of Perspectives – Art is About You) and Indonesia (Renewal at ArtMoments Jakarta).

The exhibition in Singapore featured over 100 pieces by 55 artists from India, Indonesia, Singapore, Hong Kong, and China. Held at Ion Art Gallery on Orchard Road, the Singapore exhibition was sponsored by DBS Bank.

As shown in this photo essay, the artists represent a diverse array of styles and mediums. See our coverage of earlier exhibitions by MayinArt here.

“India and Indonesia share a deep cultural affinity rooted in ancient traditions and artistic expressions. Both countries celebrate vibrant art forms that embody spiritual renewal and cultural rejuvenation, reflecting a shared reverence for heritage and creativity,” Avik Bandyopadhyay tells YourStory.

The second exhibition in Indonesia showed how art serves as a bridge between past and present, tradition and innovation. “Through this exhibition, we aim to highlight the timeless beauty and relevance of these cultural expressions, fostering a deeper understanding and appreciation of the rich artistic traditions that unite us,” Bandyopadhyay adds.

He is pleased with the reaction to the Art Moments Jakarta exhibition. “Renewal was quite successful in terms of crowd attendance and gallery sales,” he proudly says. Featured Indian artists included AG Nellagi, Saumya Bandyopadhyay, Venugopal VG, and Shan Re.

Some of the artworks are interpretations of cityscapes and urban nature. They promote the coexistence of urban development and natural ecosystems.

Other artists such as Saumya Bandyopadhyay capture the bull as a symbol of a loving spirit. Its power and virility preserve the human race and facilitate procreation.

Despite the drastic changes in climate patterns around the world and the growing threat of pollution, the artists do not depict just gloom and doom. The environmental consciousness conveyed in the artworks is not one of despair but of hope and renewal.

“Indonesia and India share a profound cultural connection that dates back to around two thousand years, primarily initiated by trade and migration,” Krish Datta explains.

“The spread of the reign of Indian kings followed by the maritime trade routes facilitated the exchange of goods, ideas, architecture and cultural practices between India and Indonesia,” he observes.

Indian traders and merchants, along with Buddhist and Hindu missionaries, traveled to the Indonesian archipelago. They brought with them religious texts, art, and iconography that have had wide cultural influence.

The exhibition in Jakarta presents new facets of the visual language of art. Such visual languages describe human evolution and relations between society and habitat.

Some of these depictions are cross-cultural and cut across boundaries and barriers. Others have authentic flavours that are true to their roots.

The exhibition aimed at exploring renewal at five levels: individual, society, environment, art, and technology. Environmental renewal is needed to emphasise sustainability and preservation, while technology can help introduce new experiences in art perception and aesthetics.

Now what have you done today to pause in your busy schedule and harness your creative side for a better world?

(All photographs courtesy Mayinart.)