The conflict in the top management became public last week with both sides accusing each other of mismanagement of the TV business. Sources in the Vir Sanghvi camp said that the investors were unhappy with the performance of the company's entertainment channel and Indrani Mukerjea's interference in the news business.
Former Star TV CEO Peter Mukerjea promoted INX Media and INX News on Wednesday officially announced plans to launch a new television network.
The wife of former Star India CEO Peter Mukherjea was on Tuesday detained by police for her alleged role in her sister's murder in 2012.
Did Sheena Bora board a Jet Airways flight on July 22, 2012, a full three months after her death in April 2012?
Looking for growth beyond the mainline broadcasting business, Rupert Murdoch-controlled entertainment major
INX Media, the company set up by Indrani Mukherjea, wife of ex-Star Group CEO Peter Mukherjea, has roped in three top advertisers -- Vodafone, Reliance Industries and Future Group -- for their Hindi entertainment channel 9X. Each of these advertisers are believed to be paying Rs 35-40 crore (Rs 350-400 million) for a three-year contract. The television broadcaster has formed Club INX, which will include corporates keen to advertise on the channel.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
Star TV is facing a new challenge, with three of its top executives putting in their papers to join former Star India chief executive officer Sameer Nair in his new venture with broadcasting company NDTV
Foreign funds are picking up just under half of the equity in INX Media
Star Group on Friday petitioned the government for early clearance of its DTH venture, saying the service could be provided for as little as Rs 180 per month from November this year.
Media and entertainment major Star on Tuesday said it was looking to pick up stake in an Indian company for entry into the private FM radio sector.
Mumbai Police Commissioner Rakesh Maria tonight said the police have a fair idea of the motive behind the murder of Sheena Bora but declined to elaborate saying the "third accused" (Sanjeev Khanna) was yet to be interrogated.
Justice Suresh Kait issued a notice to the CBI on Chidambaram's bail plea in which he has claimed that it was the case of 'political vendetta'.
In the charge sheet, the agency said that prime accused in the high profile murder case, Indrani Mukerjea, was not happy with the love affair of Rahul and Sheena.
Apart from INX Media and Aircel-Maxis, the four other firms which are under the scanner are Diageo Scotland, Essar Steel, Katara Holdings and Elforge Ltd. These firms were granted FIPB approval when Chidambaram was the FM, reports Shrimi Choudhary.
Rakesh Maria's tough posture as Mumbai police chief, it seems, ruffled feathers in the Fadnavis government, says Neeta Kolhatkar.
About 11 entities may be charged in the first charge sheet in the case, the sources said without elaborating on the issue.
The spotlight had fallen on Maria and his crack team after the CBI arrested media baron Peter Mukherjea last year. There were allegations that Maria had not probed the property angle in the case and not quizzed Mukherjea.
'Sheena was helpful and generous, kind and respectful of her elders,' an employee at the Disneyland High School in Guwahati, where she studied from nursery to Class 10, told Indrani Roy/Rediff.com
Indrani had earlier maintained that Sheena Bora, murdered in 2012, was her sister
'When Vidhie was born, Indrani doted on her and was everything one could ask for in a mother and a wife. Then one fine morning, we heard that she had dumped Sanju and left for Mumbai.' 'It's possible for a scheming person like Indrani to squeeze out a 'favour' from her ex-husband using their daughter as bait.'
In a U-turn, former Star India CEO Peter Mukherjea on Thursday said deceased Sheena Bora had informed him that she was his step-daughter but he had no reasons not to believe his wife Indrani's denial of that claim though he found it "difficult to digest".
Citing 'frail' health, Chidambaram also said he is not 'accustomed' to food given to him in the jail and has lost 4 kg weight during judicial custody.
Her corporate footprint is fading fast.
Here are the developments in the murder case which has taken explosive twists and turns since Indrani's arrest on Thursday night.
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
He said the plea pertained to his liberty, which was 'illegally curtailed'.
Taken aback by the turn of events following the arrest of his wife Indrani in connection with the murder of Sheena Bora, former Star TV CEO Peter Mukerjea on Wednesday distanced himself from the case.
Caught in a web of half truths, the Sheena Bora murder case continues to baffle investigators. Here are the top developments of the day.
The sensational Sheena Bora murder case probe tonight acquired a new turn with police claiming that Sanjay Khanna, former husband of Indrani Mukerjea, confessed to his complicity in the crime during a joint interrogation of three accused on a day the victim's skeleton remains were recovered.
As Indrani, Sanjeev Khanna and Peter pass cupboard no 6 -- where the skull is stored -- what thoughts pass through their mind?
Lawyer Amit Ghag got up to tell the judge that Shrikant Shivade -- Salman Khan and Peter Mukherjea's lawyer -- would take a morning flight from Jodhpur to Mumbai and would be in court by 3 pm on Friday to cross-examine Sub-Inspector Dalvi. For a moment, Judge Jagdale looks startled. "But isn't he caught up with that case in Jodhpur?" the judge asked.
In the witness box, on bald embarrassing display, was not just Sub-Inspector Ganesh Dalvi, but the entire system of police investigation too.
Shyamvar Pinturam Rai and Pradeep Waghmare. Both erstwhile employees of Peter and Indrani Mukerjea. In the witness stand on Monday, Waghmare came across as a cheerful, straightforward man who is attempting to clamber his way towards prosperity. In the witness stand on Friday, Rai shed his customary jauntiness and broke down weeping, begging forgiveness from CBI Special Judge Jayendra Chandrasen Jagdale.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances