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Mukesh Ambani's Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said. Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has roped in AZB & Partners, the people said. The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal. Disney declined to comment and Reliance did not respond to Reuters queries.

Career enablers such as flexi-timing and remote working play a crucial role in women’s workforce participation, a study by leading diversity, equity, and inclusion (DEI) solutions company Avtar group has said. However, workplace enablers extended by employees alone cannot ensure women’s sustained employment; it requires significant investment from the city and state, as per the second edition of ‘Top Cities for Women in India (TCWI)’ index. The index ranks Chennai, Bengaluru, Pune, Mumbai, and Hyderabad as the top five cities for women in India. The scores are based on three parameters – social inclusion, industrial/workplace inclusion, and citizen experience (safety, etc).

Dia Mirza has called upon the Maharashtra Pollution Control Board to address the pressing issue immediately. Renowned for her vocal stance on climate change and environmental concerns, Mirza took to social media to express her distress and advocate for decisive measures. Her plea was conveyed through a post on social media platform X (formerly Twitter), where she drew attention to the alarming Air Quality Index (AQI) exceeding 200.

Go First establishes company with former employees to liaison with lessors amid resolution process The appointments are the latest sign of progress as Reliance and Disney, which each have a major streaming service as well as 120 television channels between them, look at merging into an entity to create an entertainment superpower in the world's most populous nation. Ambani's group is expected to have a majority stake in the entity. A fifth source said senior Disney executives from Burbank headquarters and top Reliance officials from Mumbai travelled to London in late December and signed a non-binding term sheet on the deal.

Go First Says Lessors Tactically Using Different Forums Against Airline According to a letter by Go First's resolution professional, the company has been formed "by certain Go First" employees for the "collation of aircraft records/documents". The letter further suggested that Go First, via Naik, could facilitate engagements with Maintenance, Repair, and Overhaul firms (MROs) for necessary aircraft maintenance, based on identified needs documented in the records. While most lessors have agreed to the new development, a lawyer representing one of the lessors, however, raised concerns when speaking to the paper.

Upgrad on Wednesday said that it has appointed former Tech Mahindra managing director and chief executive C P Gurnani to its board of directors. Gurnani's addition as an independent non-executive director increased the Mumbai-based startup’s board to seven members, cofounder Ronnie Screwvala told ET.

Vedanta Vedanta's alumina production at Lanjigarh refinery was up 6% year-on-year to 470kt in the quarter ended December. The cast metal aluminium production at smelters also rose 6% YoY. Bajaj Auto Bajaj Auto said that its board will have a meeting on January 8 to consider and approve buyback of shares. LTIMindtree The company has received an order from GST Mumbai office for demand worth Rs 208 crore. NHPC NHPC has signed a MoU with GPCL for proposed investment of Rs 4,000 crore in Kuppa Pumped Storage Project (750 MW). BGR Energy Central Bank of India and SBI have classified the company's accounts as non-performing assets. Read more: Here's the trade setup for today's session Tech Mahindra Richard Lobo has been appointed as Chief People Officer of the company with effect from January 3. Ujjivan SFB Ujjivan SFB's total deposits rose 29% to Rs 29,869 crore for the quarter ended December, while disbursements were up 17% to Rs 5,675 crore. IEX For the third quarter of the fiscal year 2024, IEX achieved 28,326 MU overall volume, registering an increase of 17% YoY basis. IndusInd Bank IndusInd Bank's net advances rose 20% YoY to Rs 3.26 lakh crore for the December quarter.

WATCH: Truck Drivers Protest Against New Hit & Run Law, Disrupt Fuel Supply | What’s Changed Currently available services include Indian Oil's Fuel@Call — available to industrial and commercial customers — and Bharat Petroleum's FuelKart. There are also several start-ups such as FuelBuddy, Hamsafar, PepFuels and Repos Energy which currently serve cities such as Delhi, Mumbai and Bengaluru.

ANI as saying. It added that the airline “will be responding to the notice, as per protocol". The show cause notice was issued to IndiGo over a complaint by a Delhi-based dietician.

DB Realty, stands as a beacon of leadership in the Indian real estate arena. Born in 1959 in Kolkata, his journey from the vibrant city to the bustling metropolis of Mumbai marked the beginning of a career that seamlessly blended academic brilliance, sporting prowess, and visionary leadership. This article explores the early life, professional achievements, and enduring values that define Vinod Goenka's leadership, with a particular emphasis on luxury, lifestyle, and his commitment to sustainability.

Tech Mahindra has appointed Richard Lobo as its chief people officer. “With over 25 years of experience in HR transformation, employee experience, diversity, and inclusion, Richard is set to lead the #HR charter at Tech Mahindra,” the company said on microblogging platform X (formerly Twitter).

It can be a wake-up call and force you to count your blessings and not take it for granted, feels Shreyas Talpade’. The ‘Iqbal’ star, who recently underwent an angioplasty after suffering a massive heart attack, opened up about his ordeal in an interview with Bombay Times.

Many big names of India Inc, from Hindustan Unilever to ICICI Bank to LIC, have received tax demand on the eve of new year as authorities sought to meet the deadline to raise claims. Even many smaller GST taxpayers have also received tax demand. The notices range from mismatch of input tax credit, mismatch in turnover for various returns to demand for non-payment of tax on payments made to expats (in case of MNCs) for which demand has been raised. For instance, Life Insurance Corporation of India (LIC) has been slapped with two demand notices recently. One notice of Rs 806 crore for alleged short payment of GST for 2017-18 for Maharashtra, the insurer said in a regulatory filing. The insurer shall file an appeal before Commissioner (Appeals), Mumbai against the said order within the prescribed timelines, it said.

Bharat Nyay Yatra' on January 14, the Congress has called a meeting of its General Secretaries, State Incharges, state unit presidents and Congress Legislature Party (CLP) leaders on Thursday (January 4, 2024), news agency ANI reported. The meeting presided over by party president Mallikarjun Kharge will not only finalise the route of the 'Bharat Nyay Yatra' but also contemplate the preparations for the upcoming Lok Sabha elections during the meeting, the news agency reported citing party functionaries. The 'Bharat Nyay Yatra' will start on January 14 in Imphal, Manipur and is expected to conclude on March 20 in Mumbai, Maharashtra.

MUMBAI : Recent weeks have seen the Indian IT services industry raking up no-poach clauses when it came to senior employee exits. Legal claims have been made. What explains this sort of a reaction? Are these clauses even legally enforceable? Mint explores: Wipro and Infosys.

upGrad on Tuesday said Subramanyam Reddy, the division head of its KnowledgeHut business, has quit the firm. Asheesh Sharma has taken over as president of the short courses and bootcamps division effective Tuesday, upGrad said in a statement.

The on-going protests have caused heavy traffic jams on the highways, long queues at fuel stations in several states and a panic situation among the people. As per the chairman of the All India Motor Transport Congress (AIMTC) President, Amritlal Madan, almost 60-70 per cent of all trucks are not on the roads right now due to the ongoing strike.

ALSO READ: Covid cases LIVE updates Among others, two women, aged 35 and 57, have tested positive for COVID-19. Both of them recently returned from Mumbai. After their health deteriorated, they got tested for COVID-19 and their results came back positive, it said.

Solar EPC company Rays Power Infra has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.

Enforcement Directorate in connection with an alleged money laundering case linked to the issuance of Chinese visas. Speaking to reporters after appearing before the central agency, Karti called it a 'futile exercise', referring to his previous rounds of questioning in connection with the case. «These are routine drills with the (Lok Sabha) elections now approaching. There's not much else to it.

billionaire businessman Niranjan Hiranandani, the co-founder and managing director of the Hiranandani Group, recently opted for a Mumbai local train to beat the city's notorious traffic and save time. The 73-year-old real estate magnate shared his insightful journey from Mumbai to Ulhasnagar in an AC coach through a video on Instagram, which quickly went viral, accumulating over 37 million views and more than four lakh likes. In the video, Hiranandani can be seen waiting at the platform alongside other passengers, boarding the AC coach with a few members of his team, and engaging with fellow commuters during the 30-minute ride.