The underperformance comes amid liquidity concerns in the non-banking finance companies space and Essel Group default news.
There's a lot of entertainment coming up for you on OTT in the month of August.
Aseem Chhabra lists his favorite 2023 films -- a healthy blend of Bollywood, Hindi indies and some of the best work that is being done in Tamil, Malayalam, Kannada and Bengali cinema.
The chairman of the Essel Group says he has settled 91.2 per cent of the estimated Rs 11,000 crore debt on the group's books.
He also claimed that the decision to withdraw support was not taken keeping in mind the 2019 Lok Sabha elections.
Wipro Group chairman Azim Premji, who attended an event organised by an Rashtriya Swayamsevak Sangh body near Delhi on Sunday, said his presence did not mean that he endorsed the view of the forum.
Marilyn Monroe, Minions, musicals and mean-spirited witches, it's quite a spread on OTT this week. Sukanya Verma offers her picks.
The Emirates Cricket Board will conduct the inaugural International League T20 from January 6 to February 12, 2023, with three IPL franchises owning outfits in the six-team league.
A TV news anchor, facing several first information reports (FIRs) in some states for playing a doctored clip of Congress leader Rahul Gandhi, again sought urgent hearing from the Supreme Court on Thursday on his plea seeking protection from coercive action for the alleged offence.
Between its cryptic, confused politics and lacklustre film-making, Lost is a germ of an idea waiting to be found, notes Sukanya Verma.
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
Kunal Kemmu's default mode performing comedy is overacting. When surrounded by much more competent theatre-trained actors, he falls consistently short. (In the past, this role would have been tailor-made for Govinda), observes Deepa Gahlot.
'We bonded over the fact that we are both from Delhi and he spent a lot of his childhood in the same neighbourhood as me.'
There is nothing of the level of Yes Minister, House Of Cards, Madam Secretary or Veep but there are at least 10 Hindi series and an OTT-released film or two, to whet the viewer's appetite for power-mongering, corruption and intrigue.
'If OTT platforms had not come in, we would not get this second lease of life.'
The company has kicked off sale of infrastructure assets as well as sale of a part of the promoter holding in Zee to repay loans.
Along with Salman Khan's Kisi Ka Bhai Kisi Ki Jaan and Keanu Reeves' action blockbuster John Wick: Chapter 4, we have Nawazuddin Siddiqui's rom-com Tiku Weds Sheru releasing on OTT this week and much more.
Till the lockdown was imposed in March, more than 200 Zee staffers had spent over 2,500 hours across 28 regions in Punjab, Bihar, Madhya Pradesh, Karnataka, Tamil Nadu, Andhra Pradesh and West Bengal to understand the audiences. The effort paid off, again and again.
The drama unfolded early in the morning as the Chhattisgarh Police came face to face with their counterparts from Ghaziabad and Noida, who, they claimed, prevented them from arresting Zee News anchor Rohit Ranjan despite an arrest warrant and court order against him.
From world cinema to old-fashioned whodunits, it's all there on OTT this week. Sukanya Verma makes her recommendations.
A first information report (FIR) was registered in Jaipur on Saturday night against a TV news anchor, Bharatiya Janata Party national spokesperson Rajyavardhan Rathore and others for allegedly spreading falsehood by doctoring Congress leader Rahul Gandhi's comment in Kerala to appear as if it was a remark on the Udaipur tailor's murder.
Ten sequels that either complemented the first or surpassed it.
In terms of market capitalisation, Zee alone has a market cap of Rs 24,000 crore compared to Rs 15,000 crore of the merged Reliance entity.
We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.
The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.
For all those sceptics who wondered whether the Essel Group's Subhash Chandra would be able to pull off a parallel cricket league, a line-up of players and a business plan is already in place.
Action, drama, thriller and rom-coms, this week has a lot of entertainment coming up on OTT as well as in theatres.
From original films to Web series across genres, as well as the biggest Bollywood grosser of 2022, Joginder Tuteja lists the good stuff coming to you.
With the triumph, the Indian GM qualifies for next year's Tata Steel Masters Group.
Mukesh Ambani-owned TV18 Broadcast was valued at $824 million.
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
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All three were just about a billion dollars in revenues (we are talking of a dollar that has been battering the rupee).
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
Zee News, Zee Media's flagship brand, was at the centre of a controversy over its media practices that pushed Subhash Chandra towards BJP.
After losing two festive seasons to Covid-led restrictions, 2022 is seeing an uninhibited celebration of festivals. This is pushing up discretionary spend, which is attracting advertisers and brands, who are ready to capitalise on the momentum. The festive season has begun with Onam and Ganesh Chathurthi held earlier this month in Kerala and Maharashtra, respectively.
16-year old Praggnanandhaa halted his three-match losing streak to shock the higher-rated Vidit Gujrathi
From Asgard's naughtiest imp to Arsene Lupin's biggest worshipper in Paris, Sukanya Verma notes OTT is full of curious options this week.
OTT has been flooded with a number of film and Web series releases, and many of them are very entertaining.
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