Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.
Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.
A company executive said that the Anil Ambani group is still keen on foraying into television broadcasting business. The top-line of broadcasters was shrinking in the December-ended quarter on the back of economic slowdown and the consequent slowdown in advertising revenues, said the latest Ficci & KPMG report.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
Well, the duo is coming together for something very special!
Reliance Big Entertainment, a part of the Reliance ADA Group, has acquired a majority stake in Los Angeles and London-based international film sales company IM Global for an undisclosed amount.
Airtel Xstream will allow its subscribers to access live TV, video, music, news and sports on an over-the-top smart stick, interned-enabled set top box, and handheld devices.
The names of the three projects are -- 'Pirate Latitudes', 'I am Number 4' and 'Harvey'.
Reliance Infocomm would enter into promotion of films, theatre and other entertainment events in a big way to give a fillip to its 'Showtime' sub-brand of RelianceIndia Mobile under the R-World platform.
Global investment management firm Bernstein has pegged the enterprise valuation of Reliance Industries (RIL)'s 85 per cent stake in Reliance Retail at $111 billion, while valuing the Mukesh Ambani-led company's 66.5 per cent stake in telecom and digital platform arm Reliance Jio at $88 billion. Reliance Industries had earlier planned to list both its subsidiaries to unlock value for its shareholders but hadn't fixed any timeline. The report said that Reliance Retail had raised $6 billion by diluting a 10.1 per cent stake, while Jio Platforms raised $20 billion from investors by selling 33 per cent in 2020.
Actor Ranveer Singh-starrer '83', about India's 1983 Cricket World Cup win, will release in August next year.
The Reliance Anil Dhirubhai Ambani Group is poised to take another leap forward in the film arena with the launch of BigFlicks.com
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
Participant Media led by Jeff Skoll and Entertainment One, a leading US-based media company, are also part of the joint venture.
Reliance ADAG is diversifying its services for stability and investing in Hollywood to reach scale.
Seven deals with Nicholas Cage's Saturn Films, Jim Carrey's JC 23 Entertainment, George Clooney's Smokehouse Productions, Chris Columbus' 1492 Pictures, Tom Hanks' Playtone Productions, Brad Pitt's Plan B Entertainment and Jay Roach's Everyman Pictures were announced last year itself. These were followed by deals with Julia Roberts' Red Om Films and Brett Ratner's Rat Entertainment.
Reliance Big Entertainment (RBE), the flagship media and entertainment arm of the Reliance Anil Dhirubhai Ambani Group, has announced a joint venture with Tom Hanks and Gary Goetzman's Playtone.
R-ADAG has taken on board Ashutosh, the business head of Sahara One and Entertainment's Hindi movie channel Filmy, as the COO for its upcoming movie channels.
Rajesh Sawhney's Twitter account is flooded with congratulatory messages. His GSF Accelerator funded Little Eye Labs, bought by Facebook on Wednesday.
RTL is part of Europe's largest media firm, Bertelsmann AG, and has a market cap of $15.5 billion (Rs 69,900 crore).
We will do 7-8 high-end games for global markets every year, Manish Agarwal, CEO, Reliance Games
Nannaku Prematho is slated to release in January.
The Academy Award winning filmmaker is on a two-day trip to India with his wife Kate Capshaw.
BIG RTL, the joint venture between Reliance Broadcast Network Ltd and European entertainment network RTL Group, is planning to launch its first channel, BIG-RTL Thrill, on November 5.
The Rohit Shetty cops-and-terrorists action-comedy registered the second highest collections for an Akshay Kumar starrer.
Disney Star India, bought at a valuation of $15 billion, could be on the block for roughly one-third that amount.
No Laxmikant Pyarelal. No R D Burman. No A R Rahman. Lyricist Amit Khanna's unusual list of 10 great film songs.
Anil Ambani-led Reliance Broadcast Network Ltd (RBNL) today announced its foray into the regional television space with the launch of its Hindi entertainment channel - Big Magic. The channel, which will be targeted at the core Hindi heartland, will be launched on April 4.
ADAG's push in film production will be through a new subsidiary of Reliance Entertainment, named Big Motion Pictures Ltd.
Brand managers are increasingly exploring advergaming (or in-game advertising) as a medium to attract young gamers while adding a new stream of revenue.
The Bench while declining to stay the reported agreement recalled its own order that any action taken in this regard would be subject to the court's final decision on the tender controversy.\n\n
Reliance Infocomm has introduced two interactive mobile applications, 'City Guide' and 'TV Guide', in Mumbai, New Delhi, Kolkata, Chennai, Bangalore and Hyderabad.\n\n\n\n
Reliance Infocomm will roll out its enterprise and convergence business in the US by 2005, after they become operational in India by the first quarter of 2004.
One of the key reasons for corporate movie makers, such as Reliance and Viacom18, to flock to Tollywood is the growth regional content has shown in recent times.
Reliance Big Entertainment has agreed to acquire 50 per cent shareholding in Codemasters, the company said in a statement. The company, however, did not disclose amount involved in this deal.
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
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