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In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets: 1. Zee Promoters' Fall from Grace Zee Entertainment’s shareholders recently rejected a ₹2,237 crore warrant issue that would’ve helped its promoters regain control. Once owning 43% of the company, the Goenka family now holds just 4%—a steep fall caused by chronic debt, governance failures, and regulatory scrutiny. This is the latest blow in a long saga that has eroded investor trust. 2. Can ONDC Disrupt E-Commerce? ONDC promised to revolutionise Indian e-commerce by breaking the dominance of giants like Amazon and Zomato. But after an initial boom, its retail growth is stalling as subsidies are cut and coordination challenges emerge. With a new ₹150 crore subsidy plan, ONDC is still betting on decentralisation to reshape the market. Timestamps: 00:00 Intro 00:47 The Goenkas lose Zee 09:44 ONDC’s tough road 19:37 Tidbits Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/ Checkout The Chatter here: https://thechatterbyzerodha.substack.... Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/ Every day, each team member shares something they've learned, not limited to finance. It's our way of trying to be a little less dumb every day. Check it out here: https://onethingwelearned.today/ Listen to this episode on your preferred podcast platform: Spotify: https://open.spotify.com/show/2SJiLdv... Apple Podcasts: https://podcasts.apple.com/in/podcast... Watch this episode in Kannada on @marketsbyzerodhakannada : • Zee’s Big Trouble | The Daily Brief Kannada Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended. Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.