Days before Sony Group pulled the plug on the $10 billion deal, Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for trying to "scuttle" the merger of its flagship media firm Zee Entertainment Enterprise with the Japanese firm and subsequent investment in the merged entity. Alleging market regulator Sebi is "acting with a predetermined mind", the Zee group patriarch requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of Zee". Chandra in his letter dated January 16, seen by PTI, said Zee and all other people have been cooperating in the investigation related to the alleged fund diversion by promoters and expressed concern over a new notice issued by the market regulator to former directors of Zee.
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
With an estimated cost of over Rs 500 crore, BCCI is planning a massive upgrade to the stadiums, ahead of the ODI World Cup in October-November in India.
You do get your money's worth simply watching these girls do what they are best at: Entertainment, feels Divya Nair.
'Nobody likes preachy stories. When you lace it with humour, it works.'
Madgaon Express understands its charm lies in its inherent silliness and then works around as pure unadulterated entertainment, which makes it imminently watchable, raves Mayus Sanap.
'My primary reason to participate was -- and I told my wives as well -- that the three of us would live happily together on the show and create history. We would make sure that people remember us for the longest time.'
Film stars are beloved in our cinema-obsessed country. Stars are not only watched and worshipped on screen but also talked about with much fondness.
Zee Entertainment on Friday said it has "pruned" its Technology and Innovation Centre (TIC) by about 50 per cent following the guidance of a special committee, which had conducted a critical assessment of its several business verticals. The MD & CEO has pruned TIC staff strength by 50 per cent to achieve a cost-effective structure, a Bengaluru-based business vertical of the company that offers technology solutions, Zee Entertainment Enterprises Ltd (ZEEL) said in an official statement.
Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.
The saving grace of Shankar's expanded universe is the masterful precision with which Kamal Haasan drops himself into a messy setup, only slightly to elevate the pulpy tendencies of Shankar's vision, observes Arjun Menon.
If you are looking for an average political thriller with good performances, Thalamai Seyalagam may interest you, suggests Divya Nair.
Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.
'This is where I grew up. The only business I know is cinema.'
Former allrounder Irfan Pathan on Monday questioned Hardik Pandya's leadership skills, saying his inability to adapt to match situations and failure to come up with a proper plan has cost Mumbai Indians dearly so far in this IPL.
'I am ready to go an extra mile if I have to. My pain or personal problems don't matter.'
A bench, comprising Chief Justice S A Bobde and Justice Aniruddha Bose, did not agree to the submission that the project in Lutyens' Delhi needed to be stayed as the government bodies were to approach the authorities concerned for clearance and other formalities. 'Nobody is going to do anything' during the COVID-19 pandemic, said the bench.
'Suddenly the audience pool feels bigger, like everyone is watching everything now.' 'It's no longer limited in terms of boundaries, like a state or a language.' 'Whether it's a series, a movie or even a Korean film, the audience has access to all of it.' 'Slowly, the boundaries are blurring, so that's great for actors.'
A bench of Justices MR Shah and JB Pardiwala allowed the petitioner to approach the Patna high court and directed it to decide the petition expeditiously.
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
Batters are mauling bowlers this IPL like never before, as the impact player rule effectively gives every team 12 players. Where is it taking the game?
Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.
'I'm better now. A ceramic pot fell on me while rehearsing for a next scene to shoot. And I got a deep cut on my right-hand knuckle.'
Plan C Studios will also be producing films being helmed by various directors!
The market could not make a clear assessment of Tech Mahindra with the stock swinging wildly in the last two sessions. The results on Thursday were expected to be weak but the stock dropped slightly. However, investors reviewed the three-year turnaround plan and decided the stock had been oversold and the price recovered 7.5 per cent.
According to Paloma Sharma, you'll love Escape Plan if you're a fan of the Terminator and Rambo series of films.
Formally announcing the launch of two separate news channels, in Hindi and English, from April 14, NDTV President Prannoy Roy said on Thursday plans for an entertainment channel were "on the anvil".
'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'
Badhai Ho tackles a serious subject comically, without losing on entertainment or your attention, says Sudarshana Dwivedi.
Rajkummar Rao does the best with what he is given and he ably elevates the generic story-telling. Too bad that his performance remains the only takeaway from such an inspiring real-life story, notes Mayur Sanap.
Manika Batra could not be more thrilled about bossing the World No. 2 from China earlier this week but to beat the top-10 players more often, the Indian table tennis trailblazer knows she needs to do more on the tactical and fitness front.
Should you buy an air fryer. Is it for you? What can you make with it?
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
The Gujarat high court on Monday said it does not have faith in the state machinery which gets into action only after innocent lives are lost, as it pulled up the Rajkot civic body over the purported lapses in functioning of the game zone facility where a massive fire killed 27 persons.
Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.
Kirti turns producer... Mamta announces a new film... Kushboo tests positive...
The best part of Yashasvi Jaiswal's entertaining unbeaten 76 was the manner in which he completely unsettled England's troika of spinners, India's left-arm slow bowler Axar Patel reckoned after opening day's play in the first Test.
'We were activists when we were students. It was as students that we were propelled to fight for justice. Neither of us regret that.' 'Where the country is now, more and more people should become vocal.'
Consider this. Leading broadcaster Star India's mobile interactive division, Star Mobile Entertainment -- which made some serious headway in the space by launching a service whereby mobile users could opt to view soaps from across Star India's network -- recently reviewed its operational strategy.
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