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Zee Entertainment Enterprises Ltd. gained 0.11 per cent to Rs 173.5 in Monday's trade as of 11:31AM (IST). The stock hit a high price of Rs 176.85 and low of Rs 172.7 during the session.

Reliance Industries and the Walt Disney Company have signed a binding agreement to merge Viacom18 and Star India, with the deal expected to be announced early this week, people privy to the development told ET. The deal, which has been in the works for over four months, will create India's largest media empire, spanning TV broadcasting, streaming, movies and sports. The two media companies generated revenue of ₹25,000 crore between them in FY23. «The merger deal has finally been signed after months of negotiations. The announcement will happen early this week. It was expected to happen late last week,» a top executive told ET on the condition of anonymity. According to another person, Reliance may own 61% of the proposed combined company, with Disney holding 33% and Bodhi Tree Systems having the remaining 6%.

real estate developer Savvy Group has emerged as the highest bidder to develop the GIFT Special Economic Zone’s largest commercial and recreational project, including an innovation and startups hub, spread over a total 2.8 million sq ft with a total investment of over Rs 1,200 crore. The company has pipped three other bidders to bag the proposed project that surpasses all existing developments within the GIFT City, which previously boasted the largest development covering a million sq ft. This is the first project conceived by the GIFT City authority following the recent declaration by the Gujarat government to grant an exemption to GIFT City from a long-standing liquor prohibition law dating back 63 years. This exemption aims to bolster the city's appeal to foreign corporations, encouraging increased investment in the region.

When Disney’s efforts to build a theme park in China became snarled in the late 2000s, Chief Executive Bob Iger sent his parks chief to Shanghai to figure out why government officials weren’t returning calls. Jay Rasulo recalls meeting with a high-ranking Communist Party official on the trip who urged him not to give up. “Jay, keep knocking at the gate," the official said.

MUMBAI , NEW DELHI : Culver Max Entertainment (earlier Sony Pictures Networks India) and regional broadcaster Sun TV Networks have begun initial discussions to purchase a strategic stake in Arha Media & Broadcasting, which runs the South Indian video streaming platform aha. Arha Media, a joint venture between Geetha Arts and My Home Group, has roped in KPMG Corporate Finance as a strategic adviser, said three people familiar with the development.

wedding of Anant Ambani and Radhika Merchant, the Ambani family has embarked on a remarkable initiative, unveiling 14 newly constructed temples nestled within a vast temple complex in Jamnagar, Gujarat. These temples stand as a testament to India's rich cultural and spiritual heritage, offering a serene backdrop for the forthcoming celebrations.

Bloomberg. As per the report, the share of food in monthly consumption in rural areas declined to 46.4 percent in the latest survey, from 53 percent in 2011-12. The non-food consumption increased to 53.6 percent from 47 percent, the survey showed as reported by Bloomberg.

Aamir Khan, the renowned Bollywood actor and producer, recently shared candid insights regarding the setbacks encountered with his latest film, 'Laal Singh Chaddha'. Despite high expectations and significant efforts from the cast and crew, the film, directed by Advait Chandan, failed to resonate with audiences, leading to a disappointing performance at the box office. Speaking at the ABP Ideas of India Summit 3.0, Khan expressed heartfelt sentiments about the film's underwhelming reception. «It's a film close to my heart,» he remarked, acknowledging the collective dedication of the team involved. «Advait, Kareena, and the whole cast and crew worked hard, and it didn't do well.»

Powered by big stadium tours from artists like Taylor Swift and Beyoncé, ticket sales are booming and it appears likely that live acts will continue to draw massive crowds this year after the pandemic closed down concert venues globally for close to tw...

Read more here Prime Minister Narendra Modi attended the Golden Jubilee celebrations of the Gujarat Cooperative Milk Marketing Federation at the Narendra Modi Stadium in the Motera area of Ahmedabad on Thursday. PM Modi in his speech said, "Our focus is on welfare of small farmers". The prime minister added that, “The large scale on which this organization of small animal farmers is working today is the power of organization, the power of cooperation".

Corporate Affairs (MCA), which is investigating Zee Entertainment Enterprises Ltd (ZEEL) over alleged corporate governance violations, has written to the Securities and Exchange Board of India (Sebi) seeking details on its latest findings on fund diversion that have been cited in media reports, said people aware of the matter. The ministry's preliminary probe had found appropriation of ZEEL's fixed deposits (FDs) by Yes Bank, for squaring off loans of related entities of Essel Group. ZEEL is part of the Essel Group promoted by Subhash Chandra and his family. Since 2019, both the MCA and Sebi have been investigating the group over allegations levelled by independent directors. While the MCA is probing allegations pertaining to violations under the Companies Act, 2013, Sebi is investigating accusations of capital market breaches. Their probes had found that FDs of Rs 200 crore were appropriated by Yes Bank for settling loans of related parties of Essel Group.

K-Pop has lost one of its most legendary producers Shinsadong Tiger. The maestro, known for producing classics such as ‘Up & Down’ (for the girl group EXID, ‘Thriller’ for BtoB, ‘Mastermind’ by Beast, Apink’s ‘No No No’ etc, was found dead in his recording studio on Thursday. He was 41 years old. According to a report by The Korea Herald, the composer was found dead by an acquaintance, who travelled to his studio after the producer didn’t respond to calls.

NEW DELHI : ZEE Entertainment Enterprises Ltd is establishing an advisory committee to help it protect the interests of stakeholders amid what it said were misinformation and rumours resulting in negative public opinion about the company. “The board has approved to constitute an independent advisory committee that will enable it to review and take cognizance of the widespread circulation of misinformation, market rumours, and speculation that has led to the formation of negative public opinion about the company and consequent erosion of investor wealth," the company said in a statement on Friday. The committee will be presided by Satish Chandra, a former judge of the Allahabad High Court, and will comprise two independent directors of the company, Uttam Prakash Agarwal and P.

Zee Entertainment Enterprises Ltd on Friday announced the formation of a three-member independent advisory committee aimed at reinstating shareholders' trust. The committee will be chaired by Dr. Satish Chandra, a retired judge from the Allahabad High Court.

net profit at Rs 227 crore for the fiscal ended March 2023. The company had recorded a net profit of Rs 204 crore in the previous fiscal. According to the company's financial data sourced by Tofler, operating revenue increased 26% to Rs 745 crore, with 64% of the revenue coming from outside India.

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Malia Obama is stepping into the spotlight under a new name. As her Hollywood career gains momentum, the eldest daughter of Barack and Michelle Obama has opted to go by Malia Ann, shedding her last name for her latest film endeavor, The Heart.

Leo and Jailer, were made available on OTT platforms within four weeks, a practice resisted by major multiplex chains for certain films. Theatre owners argue that shortening the window to four weeks discourages audiences from watching films in cinemas.

Ameen Sayani, renowned radio presenter and voice of Geetmala, passes away at 91 Sayani's journey began in a Gujarati household, far from the world of Hindi radio. However, destiny intervened, leading him to his first Hindi commercial in 1951. This chance encounter ignited a passion that would span over six decades and countless programmes.

office environment as among the reasons while speaking at the Nasscom Technology and Leadership Forum. Krithivasan said that while video conferencing tools like Zoom and Microsoft Teams are efficient, they overlook the essential informal conversations or chitchat that occurs in the office. He added that TCS had missed the collaboration and camaraderie among associates working remotely, especially those who joined in the last two to three years and have not yet visited the office.