Disney Star is mulling legal actions against Zee Entertainment for backing out from a $1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming $90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources.
Rajendra Gudha, Sandeep Yadav, Wajib Ali, Lakhan Meena, (Bahujan Samaj Party turned Congress MLAs), Girraj Singh Malinga and Khiladi Lal Bairwa met Gehlot, the sources said.
As severe cyclonic storm 'Remal' initiated its landfall process between the coasts of Bangladesh and adjoining West Bengal on Sunday evening, authorities took swift action, evacuating over 1 lakh people from vulnerable areas of the state to safety.
Zee Entertainment Enterprises Ltd (ZEEL) is seeking rapprochement with Sony Group as it makes a last-ditch effort to resurrect a $10 billion merger, according to industry sources. After the Japanese multinational firm pulled the plug on its $10 billion merger deal in January, the Indian company reached out again to Sony to reconsider the termination and offered for talks this month, a source said. On the other hand, Sony is understood to be evaluating the proposal from Zee.
West Bengal Chief Minister Mamata Banerjee on Friday announced that 64 files on Netaji Subhash Chandra Bose lying with the state's home department would be declassified and put in public domain from next Friday.
The Congress on Friday claimed that a 'silent undercurrent' is brewing across western Uttar Pradesh against the 'failures' of the Modi government, as it flagged issues such as 'neglect' of sugarcane farmers and examination paper leaks.
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.
Gehlot exuded confidence that all the three candidates of the Congerss will comfortably win.
The cyclone ravaged adjacent coasts of the state and Bangladesh between Sagar Island and Khepupara, near the southwest of Mongla in the neighbouring country, after its landfall process began at 8.30 pm on Sunday.
Subhash Chandra is not happy with the way television, a business he pioneered in India, looks today. He thinks an independent regulator would do the business a lot of good.
The railways observed a week of Azadi ki Rail Gadi, from July 18-23, through 27 trains and 75 railway stations, across 24 states that are linked to the Indian freedom struggle.
Over the past few months, Chandra, whose family also owns Essel, a leading packaging company for consumer products, has bought a massage clinic chain, launched an ayurvedic skin and health products brand and rejigged his US TV channel into a health platform.
A Delhi court on Friday extended till December 20 the interim protection from arrest granted to Zee Group Chairman Subhash Chandra and his son in the case of alleged Rs 100 crore extortion bid from Congress MP Naveen Jindal's firm by two editors of the news channel.
Zee Group Chairman Subhash Chandra, named in the FIR lodged in the alleged Rs 100 crore extortion bid from Naveen Jindal's firm, on Wednesday agreed before a court in New Delhi to undergo lie-detector test but his two arrested editors refused to do so.
Zee Group Chairman Subhash Chandra on Monday informed the police that he is prepared to appear before them in connection with the alleged extortion bid by two senior editors of his channel within four days of notice.
Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.
A row has erupted over a portrait of Netaji Subhash Chandra Bose which was unveiled by the President at Rashtrapati Bhavan, with people on social media stating that the artwork is that of an actor who played him in a biopic.
A court in New Delhi told the police to give ten working days time to Zee Group Chairman Subhash Chandra and his son if it wants to arrest them in the case of alleged Rs 100 crore-extortion bid from Congress MP Naveen Jindal's firm by two editors of the news channel.
The Delhi police on Thursday refused to give any assurance in a court here that Zee Group Chairman Subhash Chandra and his son will not be arrested, if their complicity comes up during probe in connection with the alleged Rs 100 crore extortion bid from Naveen Jindal's firm by two editors of his channel.
Zee News on Tuesday demanded the immediate release of its two senior journalists arrested in an extortion case filed by Congress MP Naveen Jindal, alleging that the police action was "illegal" and "designed for something else".
The 26-member Cabinet, including the Chief Minister, has three women members; two from the Scheduled Castes and one from the Scheduled Tribes.
Former finance secretary Subhash Chandra Garg went on to say that the 2020-21 fiscal will go down in the history of India as the year when India got way-laid from its story of three decadal outstanding growth.
Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.
The Zero Hour saw members from opposition and treasury benches coming together to condemn Justice Katju's remarks in his blog with the entire House later unanimously adopting a resolution by a voice vote.
The BJP on Wednesday also named its in-charges for assembly bypolls to four seats in Tripura.
The railways, whose performance in public-private partnership projects has been dismal, will try five different models for inviting private sector participation for last-mile connectivity projects.
It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.
India play their first Day/Night Test against Bangladesh in Kolkata from November 22 and both the teams have reached the eastern megapolis.
A former IAS officer, historian and novelist, Vishwas Patil makes his debut as a director with Kangana Ranaut starrer Rajjo.
Two of the country's top business houses -- the Anil Dhirubhai Ambani Group and the Subhash Chandra-controlled Essel Group -- have come together to set up gaming centres across the country. Groundwork for these centres will begin on April 1. Chandra's E-City Media has struck an alliance with Zapak Digital Entertainment to this effect.Globally, gaming is one of the leading entertainment businesses with the industry size pegged at around $35 billion today.
Amidst the fanfare over Rashtriya Swayamsevak Sangh's plans to celebrate Netaji Subhas Chandra Bose's birth anniversary in Kolkata on January 23, his daughter Anita Bose-Pfaff has said that the organisation's ideology and the nationalist leader's ideas of secularism and inclusiveness are 'poles apart and do not coincide'.
Sets up new financial services arm, Amit Goenka joins as CEO.
Activist Subhash Chandra Agarwal had appealed to the CIC saying that the government had not provided "any information on the ground that the desired records constituted Cabinet papers and therefore could not be disclosed."
Say chief executive's claim is grossly incorrect and as many as 90% of the employees have outrightly rejected the offer.
The group was originally planning to raise a $100-million (around Rs 560 crore today) offshore fund but is now targetting $200 million, said Amit Goenka, managing director and chief executive of Essel Financial Services, the group's financial services arm.
A poster showing Ramdev's close aide Balakrishna alongside Mahatma Gandhi and other freedom fighters at his protest venue on Thursday triggered a controversy following which the yoga guru expressed regret.
Even as the World Cup debacle lingers on everyone's mind, advertising agencies have welcomed Zee group chief Subhash Chandra's announcement of a parallel cricket league in the country.
RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances