Anil Ambani-controlled entertainment company Adlabs Films Ltd said on Thursday it will acquire a majority stake in Synergy Communications Pvt Ltd.
Anil Ambani-controlled Adlabs and Hindustan Times' HT Music & Entertainment have bagged licences in the second phase of FM radio expansion, including Delhi and Mumbai.
Take a look at the arrivals.
NDTV Imagine, the entertainment wing of Prannoy Roy-promoted NDTV Network, is close to forming a 50:50 joint venture with Manmohan Shetty - the former promoter of Adlabs - to enter film production.
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
This was the biggest IPO in the Indian market since Infratel's.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
At present, seven companies are planning to raise Rs 2,965 crore (Rs 29.65 billion) and have Sebi's approval. Another 12 firms, intending to mop-up Rs 5,362 crore (Rs 53.62 billion), have filed draft documents with the capital market watchdog and are awaiting approval, Prime Database managing director Pranav Haldea said.
Buoyed by the success of secondary market, IPO market set to see high action
Experts said equity raising was also hampered due to flight of capital from foreign investors. FIIs have sold more $500 million (Rs 3,200 crore) in October.
An attempt to unravel the method in Anil Ambani's madness as he hopes to build leadership in entertainment.
The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016
BIG Cinemas made major renovations and re-opened Movie City in Edison, New Jersey.
With increasing corporatisation of Indian television, creativity is being backed by professional management. The growth potential is huge.
Marigold has been in the making for a long time.
Pipeline leanest since 2004; bankers said to be cautious due to fear of rejection by Sebi.
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
With Mumbai's iconic Liberty cinema reopening for movie lovers, the spotlight is now on the city's famous Art Deco theatres.
Three IPO documents were recorded after the new govt took charge - Adlabs, Lavasa Corp and Monte Carlo Fashions.
