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.
Rakesh Maria's tough posture as Mumbai police chief, it seems, ruffled feathers in the Fadnavis government, says Neeta Kolhatkar.
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".
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.
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.
Foreign funds are picking up just under half of the equity in INX Media
Looking for growth beyond the mainline broadcasting business, Rupert Murdoch-controlled entertainment major
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.
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.
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
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.
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.
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.
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.
In a late night development in the sensational murder of 24-year-old Sheena Bora, police on Wednesday night quizzed former media baron Peter Mukerjea's son Rahul, who reportedly had been in a relationship with the deceased.
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.
The 25 odd witnesses that so far had given testimony had not come up with anything incriminating against Peter or the way Shivade characterised it -- "not even a whisper."
'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
Did Sheena Bora board a Jet Airways flight on July 22, 2012, a full three months after her death in April 2012?
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
Speaking to ANI, Khan said, "I have been informed by my client Indrani Mukherjea (mother and prime accused in this murder case) that a lady officer (inmate) has informed her that she met Sheena Bora on June 24 near Dal Lake."
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.
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.'
The court has directed the Central Bureau of Investigation to file its response to Mukerjea's plea.
Peter's lawyer paints Indrani as a master manipulator, looking to waste the court's time and use the media to manipulate public perception about his client. 'She is "trying to exonerate herself," the lawyer argues, and accuses Indrani of "trying to lay a trap" for Peter "and attempting to malign his reputation"...'
About 11 entities may be charged in the first charge sheet in the case, the sources said without elaborating on the issue.
As Peter sits outside the court with his sister, Indrani walks in with a request. It has been three months since Peter has started speaking to Indrani again, after a long silence of two years.
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
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'.
Here are the developments in the murder case which has taken explosive twists and turns since Indrani's arrest on Thursday night.
Her corporate footprint is fading fast.
Indrani said that one of her inmates in Byculla prison has told her that she had spotted Sheena in Kashmir some time ago.
Rahul told the court about his relationship with Sheena, and narrated the sequence of incidents after he dropped her near suburban Bandra on April 24, 2012, for her meeting with her mother Indrani.
Six years and nine months after she was arrested for allegedly murdering her daughter Sheena Bora, former media executive Indrani Mukerjea walked out of the prison.
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