Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
The United States, Canada and the United Nations have condemned the Iranian air attack on Israel, with President Joe Biden reaffirming America's 'ironclad commitment' to the Jewish nation and vowing to convene a meeting of the G-7 leaders on Sunday to develop a coordinated response to the brazen assault.
The first batch of 100 Agniveer women personnel undergo training at the Corps of Military Police in Bengaluru.
Benchmark indices--Sensex and Nifty--were 0.7-0.8 per cent higher from the Saturday closing. Among the widely-tracked Nifty 50 stocks, 39 advanced and the rest 11 declined at the opening bell. Among the individual stocks, Cipla, ICICI Bank, Sun Pharma, Power Grid Corp, and Bharti Airtel were the top five gainers, while Asian Paints, Hindustan Unilever, Britania, HDFC Bank, and BPCL the losers, NSE data showed. On Monday, Indian stock exchanges were closed for trading on the occasion of Pran Pratistha of Ram Temple in Ayodhya.
A search operation to track down the fleeing terrorists continues near the scene of the ambush, while mobile internet services remained suspended in the twin districts for the second day on Sunday, they said.
Telecom firm Windstream Corp has said it will acquire Q-Comm Corp, a privately held fiber-optic network operator for $782 million.
'The Kuki-Zo are aware of this rich resource in their areas and feel the Meitei push for ST status is because of this reason'.
'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?''
It is time the political leaderships in this country arrived at a common ground over issues of foreign and security policy concerns. There has to be a greater communication between the government and the Opposition leaderships for the nation to present a unified face against the rest of the world, advises N Sathiya Moorthy.
The Kirti Chakra awardees are Major Digvijay Singh Rawat of 21st Battalion, the Parachute Regiment (Special Forces), Major Deependra Vikram Basnet from the Sikh Regiment's fourth battalion and Havildar Pawan Kumar Yadav from the 21st battalion of the Mahar Regiment, according to the defence ministry.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that approved the media company's merger with Culver Max Entertainment. However, a two-member NCLAT bench comprising chairman Justice Ashok Bhushan and Member Arun Baroka declined to grant any stay over the merger process during the pendency of the hearing. The appellate tribunal (NCLAT) has directed to list both petitions on January 8 for hearing, directing Zee Entertainment Enterprise Ltd to file a reply.
EBR that produces race-only machines for bikes may just help Hero MotoCorp Ltd. (formerly Hero Honda Motors Ltd.) to build a powerful range of bikes post its divorce with Honda Motors.
Paul Allen has constructed a $15 billion portfolio of tech, sports, real estate and energy investments.
In an interview to The Wall Street Journal, Oracle chief executive Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems.
The apex court asked the Gujarat high court to decide within four weeks on a plea filed by the Aam Aadmi Party leaders seeking quashing of the summonses issued to them by the trial court.
Colonel Mandeep Virdi becomes the first lady officer to take over the prestigious command of No 1 Training Battalion (AT), the Army Service Corps Centre (North)'s premier training establishment.
The last meeting between the two sides at the Corps Commander level was held in December last year.
'Training was incredible and thrilling, be it firing weapons, drill or 10 km runs and push-ups. It gave us unforgettable memories and inculcated soldier like qualities.'
The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.
The mesmerizing march included elite marching contingents, missiles, warplanes, surveillance gadgets and lethal weapon systems, with French President Emmanuel Macron gracing the occasion as the chief guest.
It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.
Army Chief Gen Bikram Singh is expected to take up the issue of raising an offensive Corps including around one lakh soldiers along the China border in a presentation soon to Prime Minister Manmohan Singh on the shortages faced by the 1.3 million-strong force.
A second terrorist was killed in an encounter with security forces on Wednesday, raising the death toll during the ongoing three-day search operation in a remote village in Jammu and Kashmir's Rajouri district to three, officials said.
A plasma cutter was flown in from Hyderabad on Sunday to cut and remove parts of the auger machine stuck in the rubble inside the Silkyara tunnel where 41 labourers have been stranded for the last 14 days.
The last time Pakistan won a Test Down Under was in late 1995 when nearly half of the current side were not even born
Mehta said some bushes were there on the ground which have been cleared and some branches were trimmed so that vehicles could pass on an approach road there.
Days before Sony Group pulled the plug on the $10 billion deal, Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for trying to "scuttle" the merger of its flagship media firm Zee Entertainment Enterprise with the Japanese firm and subsequent investment in the merged entity. Alleging market regulator Sebi is "acting with a predetermined mind", the Zee group patriarch requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of Zee". Chandra in his letter dated January 16, seen by PTI, said Zee and all other people have been cooperating in the investigation related to the alleged fund diversion by promoters and expressed concern over a new notice issued by the market regulator to former directors of Zee.
Sony Picture Network India (SPNI) management is committed to long-term growth in India and the company will actively explore new organic and inorganic possibilities to strengthen its presence in the country, company managing director and CEO, NP Singh told employees. In a letter, two-days after the calling off of the $10 billion merger deal with Zee Entertainment, he asked employees to focus on current projects, with an immediate goal to unleash the company's full potential, continuing to craft content that not only engages audiences but also boosts subscriber growth and revenues. "As we close the chapter on our proposed merger with ZEEL (Zee Entertainment Enterprises Ltd), I want to take a moment to talk to you - not just as your CEO but as someone who has been on this journey with you.
More than 160 people have been killed and several hundreds injured in clashes between Meiteis and Kukis in Manipur since May 3.
Unidentified armed men abducted Sepoy Kom, who was on leave, from his home around 10am on Saturday.
Suzuki Gixxer, Yamaha FZ-S and Honda CB Hornet 160R, beware! Here comes the Hunk.
The Army chief is likely to visit Jammu and discuss the recent and ongoing counter-terrorist operations and the casualties that have been suffered in the recent terror attacks there, defence sources said.
As part of the reshuffle, James Murdoch will step down as chief executive of British Sky Broadcasting, and replace his father as non-executive chairman of the UK satellite broadcaster.
DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
Aware of simmering dissensions within the top echelons of the army, Munir has moved slowly in reshuffling senior generals, observes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
The United States on Thursday (local time) evaded a question on whether Pakistan held prior consultations with Washington, DC before conducting retaliatory air strikes on Iran.
For the past 15 days, workers at the Hero factory have been wearing black arm-bands and abstaining from tea within the premises.
India and China on Monday held a fresh round of military talks with a focus on disengagement of troops in the remaining friction points in eastern Ladakh and ease overall tensions in the region.
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