India's Zee Media Corp jumps 10%

** Shares of Zee Media Corp Ltd ZEEMEDIA rise to exchange-allowed maximum of 10% to 20.75 rupees

** News channels operator ZEEN approved fund raise of 2 billion rupees

** ZEEN opened 8.1% higher and rose to 10% ahead of fund raise

** Over 66.7 mln shares traded, 6.6x 30-day avg volume

** Since proposing fund raise after market hours on Tuesday, ZEEN up 48.5%

** That has pushed ZEEN's YTD rise to 37.4%