Entertainment Financial News

₹180.35 apiece on the BSE. Zee Entertainment Enterprises (ZEEL) posted a net profit of ₹58.5 crore in the quarter ended December 2023, up 140% from ₹24.32 crore during the same period a year ago. Zee’s advertising revenue fell 3.3% to ₹1,027.4 crore from ₹1,063.4 crore, while subscription revenue increased 3% to ₹921.3 crore from ₹894.4 crore, YoY.

Aditya Birla Fashion and Retail (ABFRL), Ashok Leyland, Aurobindo Pharma, Balrampur Chini, Bandhan Bank, Biocon, Delta Corp, India Cements, Indus Towers, National Aluminium Company, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). Hindustan Copper has moved out of the ban.

(Reuters) — Performers of Disney 's cartoon characters such as Mickey, Donald and Goofy at its Disneyland theme park are looking to join Actors' Equity Association, a labor union representing those who work in live theatrical performance.

Banishers: Ghosts of New Eden is a spooky adventure set in a New England colony, promising a hauntingly good time. But how long does it take to complete this ghost-hunting adventure? Let's dive into the details and also know about voice cast and PC requirements.

Zee Entertainment Enterprises has accused Walt Disney-owned Star India of violating the ICC TV rights agreement and has sought a refund of Rs 69 crore paid as part of the agreement. Zee asserted in its Q3 financial statements that it has strong grounds to counter Star India's claims in the ICC TV rights agreement matter. The company added that it has accrued Rs 72.1 crore for bank guarantee commission and interest expenses for its share of bank guarantee and deposit as per the agreement. Star India has sent letters to Zee through its legal counsel accusing the company of breaching the ICC TV rights agreement due to the non-payment of $203.5 million in the first installment of the rights fee along with the payment of the bank guarantee commission deposit of Rs 17 crore.

GIFTCL) has invited bids to build the first ultra-luxury hotel in the domestic tariff area of GIFT City with at least 300 keys and development rights for at least 500,000 sq. ft. The development tracks the Gujarat government’s recent decision to exempt GIFT City from a 63-year-old liquor prohibition law in the state to attract foreign companies to invest in the city. GIFT City currently has a hotel and a club designated in the five-star segment. However, the proposed development will be the first to cater to the ultra-luxury segment.

Entertainment Network India Limited (ENIL), the operator of India's top FM radio channel Radio Mirchi, has recorded a net profit of ₹21.6 crore for the quarter ending December 31, 2023, marking an impressive 108% year-over-year (YoY) growth. EBITDA stood at ₹44.3 crore, boasting a 33% margin and demonstrating a substantial 36.4% YoY improvement, primarily driven by robust top-line growth. Revenue grew 21% YoY to ₹140 crore, led by robust demand in free commercial time (FCT), which was driven by high retail activity during the quarter. Non-FCT revenues also experienced a notable surge, reporting strong revenue growth of 45% YoY. It added that the digital segment contributed ₹11.4 crore to the revenue, making up 13% of the total radio revenues. Additionally, ENIL invested ₹6.2 crore in digital to further fortify its presence in the segment.

The White Lotus" Season 3 will have South Korean girl group 'Blackpink' singer and rapper Lisa in a prominent role, as per a Variety report. In the upcoming third season of the popular HBO series, Lisa will be credited under her birth name, Lalisa Manobal. Like all castings for this season, details about her role are being kept confidential for now.

Zee Entertainment Enterprises Ltd is charting a three-pronged approach – cutting costs, reducing overlaps between businesses, and enhancing quality to regain margins – after its merger with Sony Pictures Entertainment collapsed, managing director and CEO Punit Goenka said in an earnings call on Tuesday. “Going forward, there will be a sharper emphasis on frugality, with a crystal-clear focus on quality and output. Across verticals – including technology, content and marketing – we are implementing steps to optimise spends and enhance the return on investments.

Bollywood movie Teri Baaton Mein Aisa Uljha Jiya earned ₹3.75 crore on Monday as the numbers fall 65.12% after the movie had done the highest business on Sunday. Numbers for most movies fall on Monday. However, things looked positive for the movie, starring Shahid Kapoor and Kriti Sanon, as it did well over the weekend.

Join us as we delve into the world of the best baby walkers, designed to accompany your little one on their journey of growth and discovery.

—Name withheld on request I assume that you are eligible to claim the benefits under the India-UAE DTAA as a non-resident Indian (NRI). Further, you are correct in your understanding that a resident of UAE can claim exemption from capital gains on sale of mutual funds under Article 13(5) of India-UAE DTAA.

Xiaomi SU7 reflects a futuristic design approach, complemented by multiple physical buttons on the dashboard. With a focus on simplicity, the SU7 showcases a dual-tone interior scheme and a minimalistic center console, which hosts strategically placed physical buttons. Additionally, it comes equipped with a spacious panoramic sunroof.

mini projector could be the perfect gift to take your celebration to the next level, allowing you and your loved one to carry your multiplex around. These compact devices pack a punch, offering high-quality visuals and portability, making them ideal for cosy movie nights at home or romantic outdoor screenings under the stars. Unlike traditional, bulky projectors, mini projectors are lightweight and easy to set up anywhere, requiring minimal space.

Rakul Preet Singh is all set to tie the knot with her beau actor-producer Jackky Bhagnani. The wedding will reportedly take place on February 21. It will take place in Goa. Popular entertainment portal Pinkvilla recently shared an elegant wedding card.

Delhi High Court on Monday refused to entertain a public interest litigation alleging violation of people's right to privacy by Truecaller, a leading global caller ID platform. A bench headed by Acting Chief Justice Manmohan orally said it will dismiss the petition by Ajay Shukla, noting that the issue raised by him had been brought up before the Supreme Court through another plea which was withdrawn without the apex court granting him any liberty to approach the high court. «You can't re-litigate. This will amount to abuse of process of law. Dismissed as withdrawn means you can't re-litigate,» the bench, also comprising Justice Manmeet PS Arora, said. «Nothing has been disclosed in this petition. That's the beauty of it,» the court remarked.

Videogamers aren’t exactly known for their patience. They have little choice at the moment, and neither do investors in the industry. Major videogame developments are on the horizon.

Valentine's Day gift that combines entertainment, utility, and thoughtfulness can often be a challenging task. However, a 32-inch smart TV, especially one under ₹15,000, emerges as an outstanding choice that ticks all these boxes. These compact yet feature-rich televisions offer an ideal blend of affordability and advanced technology, making them perfect for cosy movie nights or binge-watching favourite series together.

Walt Disney Co and Reliance Industries (RIL) are in the last leg of negotiations to finalise their mega stock-and-cash merger to create India’s largest media and entertainment business, said people in the know. Under the terms of the talks, Viacom18 looks set to be the single largest shareholder, with 42-45% in the combined entity, they said. Parent RIL is expected to invest up to $1.5 billion cash in the new entity and pick up a stake directly as well. As a group, Mukesh Ambani-led RIL will own 60%, with Walt Disney owning the remaining 40%.

(Reuters) — Shares of New Zealand's SkyCity Entertainment slumped the most in nearly two months after the casino operator said its ‍Skycity Casino Management Ltd (SCML) unit will face a proposed lawsuit for alleged breaches anti-money laundering laws.

Securities Appellate Tribunal (SAT) may have to hear afresh cases involving Sahara India, Bombay Dyeing and Franklin Templeton among several others, as two of its three members including the presiding officer retired before the final orders could be delivered. The two members retired last year, and the government has yet to appoint their replacements. Lawyers expect potential delays in the appellate body pronouncing its orders in these cases, which will have to be heard again when the new members come in.