Even as the corporate battle over Zee Entertainment Enterprises (ZEEL) has reached the Bombay high court, another Essel Group firm - Dish TV India - is gearing up for a legal battle with YES Bank by planning to move the National Company Law Tribunal to appoint six of its nominees on the board of the loss-making company. While Dish TV said YES Bank has acquired 26 per cent stake by invoking the pledged shares of Essel Group promoter, it also said YES Bank must make an open offer to shareholders of the company, according to the Securities and Exchange Board of India (Sebi) takeover code. This, as YES Bank is seeking to take control of the company, said Dish TV.
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
A Pakistani court on Friday barred the state-run broadcaster from concluding a deal with Ten Sports, regarding sub-licensing of the broadcast rights for ICC cricket during 2012-15, following insinuations that the sports channel is owned by an Indian entity.
Karisma is all set to make her digital debut with Mentalhood, a Web series that will start streaming on March 11 on Zee5 and AltBalaji.
Amazon's rivalry in India with oil-to-retail conglomerate Reliance Industries looks set to head to the cricket field, where they will likely battle media heavyweights for telecast rights to the Indian Premier League (IPL) with its hundreds of millions of viewers.
While the stocks met various other inclusion parameters, there were fears they may still get disqualified given the sharp run up in their stock prices.
SFIO tried to sift through changed names, cross-holdings in INX Group
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
In 2019, World Champion Magnus Carlsen was asked to guess the nationality of the reigning world champion in 2050. He responded: 'India will have had many by then!'
Ross and Rachel end their super long break. Kate Winslet solves Easttown's grimmest mystery. Huma Qureshi gets political in Bihar. All this and more on OTT this week notes Sukanya Verma.
Rs 40 crore already deployed in a residential project in Chennai.
As cinemas remain shut and watching movies on big screen still a distant dream, OTT platforms are keeping us distracted from the pandemic with its steady supply of content.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
'My hunger for characters, stories, and work is becoming even more insatiable.' 'I'm obsessed with films, characters, and this whole world.'
The argument that the pandemic has given a boost to streaming video is fallacious. Only three OTTs saw a rise in viewership; the others fell.
The OTT glass is full again. Here's all the exciting new fare to watch over the week. Sukanya Verma offers a peek.
Gujarat-based tea major will run a Rs 2-cr roadblock on Hindi and regional news channels.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'The stories I want to tell are very important.'
Coming down heavily on MF players who in recent past chose to use shareholder fund to buy out debt of bleeding invested companies, Sebi said MFs can't have standstill agreements with companies and will take action against fund houses for such deals.
'The win will change a lot of things in Praggu... the confidence in his potential will be one of them. The win has ensured a lot of visibility which will give him a lot of opportunities.'
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
How Bajaj, Colgate, Raymonds, Zee lost out.. Strategic errors have hurt many companies, says adguru Sandeep Goyal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Essel Group has confirmed its plans to set up a rival Twenty20 cricket league.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
For instance, while Digitial Media Convergence -- a part of ESSEL Group (promoter of ZEE TV) -- provides the mobile TV (also known as the fourth screen -- the other three comprising the silver screen, TV and PC) application service 'ISEE' along with telecom service provider BSNL.
The second edition of the rebel Indian Cricket League (ICL) will have much stronger viewership with Geo Super sports channel airing the matches in Pakistan.
Mee Raqsam touches on the sensitive issue of a Muslim girl's determination to learn Bharata Natyam.
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
Abhishek Mande Bhot recalls his stint at Mumbai Mirror, the iconic Mumbai daily newpaper, which its owners, the Times of India group, decided on Saturday to convert to a weekly newspaper.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This follows a series of tax notices to broadcasters to pay TDS on the 15% agency commission reflected in their invoices
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger
Rajesh Jejurikar had quit M&M to join Zee Entertainment Enterprise.
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