The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
M Corp Global has applied for six new telecom licences to the department of telecom and dispelled rumours that its company Spice Telecom is up for sale.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
The key meeting was held in Beijing on March 27, the MEA said in a statement.
Once the iconic red-brick building of British India Corporation (BICL), which manufactured the popular "Lal-Imli" brand of woollen products, made Cawnpore (now Kanpur) the Manchester of the East. In the 75th year of independence, the government may finally pull the curtains on the century-old, now defunct public sector enterprise. "The Department of Public Enterprises (DPE) has floated a draft cabinet note for closure of British India Corporation (BICL) along with National Textiles Corporation (NTC). "The Cabinet may soon tak
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
Suspected terrorists fired upon a convoy of vehicles carrying security personnel in the Poonch district of Jammu and Kashmir on Friday evening, prompting security forces to launch a search operation, officials said.
To begin the festive season with a bang country's leading two-wheeler maker today launched two new products in the market priced up to Rs 51,550
The former beat Andhra XI while Signals got the better of Karnataka XI in the Beighton Cup hockey tournament.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
What: iVolunteer, an NGO based in India has partnered with Atlas Corps and is inviting professionals working in the development sector to work for a year in the USA.
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
This is the fourth incident since the commencement of the conflict in Manipur wherein soldiers while on leave, on duty or their relatives have been targeted for nefarious interests by inimical elements.
Rupert Murdoch's News Corp is in the early stages of talks about forming a consortium to acquire control of Formula One motor racing, according to a person familiar with the matter.
It was reported that media mogul Rupert Murdoch's News Corp was in talks with Microsoft for launching a joint bid for Yahoo. Yahoo is trying to remain independant & thwarting MS's takeover bid. But if News Corporation throws its weight behind Microsoft's offer, allowing the latter to raise its bid, it would put even more pressure on Yahoo and its shareholders. If the joint bid comes through, it would unite 3 most popular websites: Yahoo, Microsoft's MSN & News Corps' MySpace.
State-run Indian Oil Corp is the biggest company in terms of revenue, followed by Reliance Industries, according to the Fortune 500 list of Indian companies for 2012.
Security and defence experts have called for immediate strengthening of the security management and intelligence network along the Line of Control (LoC) in Jammu region, which witnessed the killing of 59 people, including 24 security personnel and 28 terrorists, in terror incidents this year.
The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. The manufacturing policy cuts Customs duty to 15 per cent, given a minimum investment commitment. It calls for a minimum investment of Rs 4,150 crore (about $500 million) for making electric four wheelers (e-4Ws), with manufacturing to commence within three years of approval.
Commissioned into the 5th Gorkha Rifles regiment, he has had an illustrious military career spanning 36 years during which he held several prestigious command, staff and instructional appointments
Idan Amedi, 35, was fighting as an IDF reservist. He was airlifted to a hospital on Monday where he was sedated and received treatment.
India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.
Telecom firm Windstream Corp has said it will acquire Q-Comm Corp, a privately held fiber-optic network operator for $782 million.
The first batch of 100 Agniveer women personnel undergo training at the Corps of Military Police in Bengaluru.
EBR that produces race-only machines for bikes may just help Hero MotoCorp Ltd. (formerly Hero Honda Motors Ltd.) to build a powerful range of bikes post its divorce with Honda Motors.
Paul Allen has constructed a $15 billion portfolio of tech, sports, real estate and energy investments.
'The Kuki-Zo are aware of this rich resource in their areas and feel the Meitei push for ST status is because of this reason'.
Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
In an interview to The Wall Street Journal, Oracle chief executive Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems.
A search operation to track down the fleeing terrorists continues near the scene of the ambush, while mobile internet services remained suspended in the twin districts for the second day on Sunday, they said.
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.
The United States, Canada and the United Nations have condemned the Iranian air attack on Israel, with President Joe Biden reaffirming America's 'ironclad commitment' to the Jewish nation and vowing to convene a meeting of the G-7 leaders on Sunday to develop a coordinated response to the brazen assault.
The Kirti Chakra awardees are Major Digvijay Singh Rawat of 21st Battalion, the Parachute Regiment (Special Forces), Major Deependra Vikram Basnet from the Sikh Regiment's fourth battalion and Havildar Pawan Kumar Yadav from the 21st battalion of the Mahar Regiment, according to the defence ministry.
'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that approved the media company's merger with Culver Max Entertainment. However, a two-member NCLAT bench comprising chairman Justice Ashok Bhushan and Member Arun Baroka declined to grant any stay over the merger process during the pendency of the hearing. The appellate tribunal (NCLAT) has directed to list both petitions on January 8 for hearing, directing Zee Entertainment Enterprise Ltd to file a reply.
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
Army Chief Gen Bikram Singh is expected to take up the issue of raising an offensive Corps including around one lakh soldiers along the China border in a presentation soon to Prime Minister Manmohan Singh on the shortages faced by the 1.3 million-strong force.
Colonel Mandeep Virdi becomes the first lady officer to take over the prestigious command of No 1 Training Battalion (AT), the Army Service Corps Centre (North)'s premier training establishment.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances