Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
Cricket Association of Bengal (CAB) president Snehasish Ganguly, after holding two rounds of discussions with the city police on Tuesday, confirmed that authorities "have not given the go-ahead" for the match.
For the home side, it has been a season of mixed returns so far. After early defeats to Royal Challengers Bengaluru and Mumbai Indians, KKR roared back to form in their last outing -- a commanding win over Sunrisers Hyderabad.
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
Defending champions Kolkata Knight Riders' IPL home game against Lucknow Super Giants on April 6 at Eden Gardens is set to be shifted to Guwahati.
At his former franchise Delhi Capitals, the captaincy became a point of contention, leading Pant to opt out of DC's retention plans after unsuccessful negotiations.
RPG Enterprises Chairperson Harsh Goenka on Tuesday said the NCLT should be the next institution to be cleansed by the government to prevent "hard earned public money being stolen" as companies' promoters stash away money on the side and get "80-90% haircut" from bankers during the insolvency resolution process. In an apparent reference to recent cases of insolvency proceedings of some firms wherein creditors have taken huge haircuts on their dues, Goenka said it is the "new game in town". Insolvency resolution plans require approval of the National Company Law Tribunal (NCLT).
Two investment firms, together accounting for 17.88 per cent of the paid-up share capital of Zee Entertainment Enterprise Ltd (ZEEL), have sought the removal of the current managing director Punit Goenka from the board of the company. The two investment firms are -- Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC, the largest shareholder of ZEEL. The two firms have called an extraordinary general meeting of shareholders seeking to remove Punit Goenka.
Netizens broke out into a meme fest as they welcomed Nirmala Sitharaman's tax break.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
A video of the CEO dancing along with her staffers is winning the Internet and encouraging other leaders to make workplaces happier.
Sanjiv Goenka said they are yet to arrive at a decision and are waiting for the BCCI to release the rules regarding retention.
Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.
Wednesday's 3-0 win was also the club's 12th clean sheet in a row.
The BCCI will be expecting the two new IPL franchises to go for Rs 7000 crore to Rs 10,000 crore each at the bidding process which begins in Dubai on Monday.
LSG Team Mentor Zaheer Khan has flown to Australia to discuss with Rishabh Pant about taking over the captaincy for IPL 2025.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
The reopening brought a sense of relief to students, teachers, and parents across the region.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
Renowned spiritual leader and Vipassana guru Satya Narayan Goenka died on Sunday night due to old age. He was 89. Goenka breathed his last at his residence in Mumbai on Sunday night, his associate said
Punjab Kings head coach Ricky Ponting rated Shyreas Iyer as the ideal choice to lead the team in IPL 2025.
While GBP 50 million is earmarked for grassroots and recreational cricket, the 18 English county teams will get a share of GBP 470 million with larger pie allocated for those clubs that don't own a 'Hundred Franchise'.
Meet Kiran Nadar, bridge champion, art collector, do gooder.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
The IIFA Digital Awards were announced on Saturday, March 8, 2025, night in Jaipur. Take the look at the winners.
The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.
He was 83. Goenka is survived by his wife Sushila and sons Harsh Vardhan and Sanjiv.
The deal, which values Firstsource at Rs 800 crore (Rs 8 billion), would give Goenka a foothold in the information technology sector.
The IIFAs saw some emotion and a whole lot of glamour.
Group is planning to reduce its dependence on power generation business by expanding in other areas
Rising Pune Supergiant owner Sanjiv Goenka, on Tuesday, rubbished speculations that he has already bought stakes in Rajasthan Royals after the Indian Premier League orgainsers made it clear that his side and Gujarat Lions will not get extensions for the 2018 season.
Khoj: Parchaiyon Ke Uss Paar is too pretentious a title for the far-fetched, lightweight thriller that follows, feels Deepa Gahlot.
Rishabh Pant's IPL 2025 campaign hit a new low -both statistically and symbolically - on Sunday, at the HPCA Stadium in Dharamshala.
Delhi Capitals annihilated Lucknow Super Giants by eight wickets in an IPL match in Lucknow on Tuesday.
Around 40 schools in Delhi received a bomb threat mail Monday morning with the sender demanding US
Accidents were unfortunate but bright side is Rishabh and I are playing together: Pooran
Film folk took time off to watch the award-winning play Life of Pi at the Nita Mukesh Ambani Cultural Centre in Mumbai.
He made his mark in diverse businesses, ranging from tyre to music.
It was Rishabh Pant's brief, unconvincing stint at the crease that starkly epitomised his season-long struggle
