Sony Financial News

men's doubles semi-final was a nervy match but Bopanna and his Australian men's doubles partner Matthew Ebden capped their brilliant run in the tournament with a win on Thursday. Speaking on Sony Sports Network's studio show Extraaa Serve following the triumph, Bopanna was on cloud nine as he expressed his true emotions. "Extremely happy to be playing tennis, especially playing it pain-free.

Rohan Bopanna surpassed the record of Australian tennis champion Ken Rosewall, who won a grand slam at 37. The game was a perfect nail-biting finale where both pairs displayed some world-class skills to dominate each other. Simone Bolelli and Andrea Vavassori were attacking from the first serve but Rohan Bopanna and Matthew Ebden kept their cool and fought back against the early lead to the Italian duo.

Wipro filed against two former executives including its former CFO Jatin Dalal, there's no such thing as an amicable parting. At startup Bharat Pe, Ashneer Grover was controversially ousted from the firm he helped found, after it accused his family of misappropriating the company’s funds.

Sony’s India arm, but there is a new threat for the company, given the precariously low promoter holding in the Indian broadcaster, per a TOI report. Punit Goenka, the Managing Director and CEO of Zee owns a 4 per cent stake in the company. A merger between Sony and Zee would’ve created a $10 billion broadcasting entity, India’s largest. Rules say that any person with or without holding any shares in a listed target company, may offer to acquire shares of the entity subject to a minimum offer size of 26 per cent. Furthermore, any shareholder or group of shareholders holding at least 10 per cent in a listed company may move a resolution to change its directors. Zee's major institutional investors include ICICI Prudential Mutual Fund (7 per cent), Nippon India Mutual Fund (6 per cent), HDFC Mutual Fund (5 per cent), and LIC (5 per cent). Sony Pictures Network India, now known as Culver Max Entertainment Private Ltd, had signed an agreement to merge with Zee in December 2021.

Just four persons from the world of business were named for the country’s top civilian honours ahead of Republic Day, the least-represented major field for the Padma awards this year. Their share among all recipients—3% out of total 132 awardees—has been tiny for two years in a row, a Mint analysis of data from the home affairs ministry showed. Last year, three of the 106 Padma awardees (2.8%) were from the ‘trade and industry’ category, a sharp decline from a 7.8% share in 2020 and 7.1% in 2022.

Dramatic close-ups and unexpected plot twists reign supreme as two heroes from opposing teams fiercely negotiate the terms of their cooperation. Meanwhile, another two characters make us suspend disbelief as they tear apart their friendship with over-the-top drama, whose fallout even threatens to upset the talks between the first two. Captain America and the Winter Soldier? Nope! I’m just talking about what’s playing out between Disney Star and Reliance Industries on one hand, and Sony and Zee on the other.

Deadpool, the MCU's anticipated 2024 release, promises a mix of foul-mouthed antics and ultraviolence. Amidst production challenges, here's a breakdown of the release date, cast and speculated plot twists.

By Aditya Soni

headphones is of highest importance and can influence the precision, clarity, and depth of all creations. In this article, we look at professional headphones crafted specifically for music production. You can explore a myriad of options available from the best audio brands, including Sennheiser, Sony, and AKG.

Sony IMX903 sensor. This sensor is anticipated to bring forth advanced performance capabilities, potentially changing the way users capture photos and videos. The inclusion of a 14-bit Analog-to-Digital Converter (ADC), Digital Gain Control (DCG), and noise control further emphasizes Apple's commitment to enhancing image and video quality.

Sony Group Corp.’s lawyers got a nasty surprise during a routine call from the legal team of Zee Enterprises Entertainment Ltd. Nearly two years into tortuous merger negotiations to create a $10 billion Indian entertainment giant, Zee wanted the Japanese company to agree to a so-called “hold harmless” clause for its Chief Executive Officer, Punit Goenka, just weeks before the Dec. 21 deal deadline. Already wary of Goenka, who had been accused of financial impropriety by India’s markets regulator several months earlier, Sony executives wondered why he requested indemnity. On his part, Goenka was worried that Sony would start a witch hunt against him after the merger was completed and it got what it wanted: access to Zee’s deep library of local entertainment content. The account of this weeks-long stalemate was pieced together by speaking to people familiar with the matter who asked not to be identified as the talks were private.

Tata Technologies, SBI Life, ZEE among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.

Japan has reported its exports surged almost 10% in December from a year earlier, helped by a revival in trade with China and strong demand for vehicles

MUMBAI : Zee Entertainment Enterprises Ltd on Wednesday dragged Sony Pictures Networks India (now Culver Max Entertainment Pvt. Ltd) before the National Company Law Tribunal (NCLT), following the inglorious end to their two-year engagement. The Punit Goenka-led firm moved the tribunal seeking directions to implement the merger, while also initiating legal action to contest Culver Max and Bangla Entertainment Pvt.

Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for attempting to “scuttle" the merger. In his letter, Subhash Chandra alleged the Indian market regulator of “acting with a predetermined mind" and requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of ZEEL".

Budget 2024: Finance Minister Nirmala Sitharaman introduced a new tax regime in the Union Budget 2020-21. However, it comes with certain conditions. The government is trying to make the new tax regime attractive for income taxpayers. From 1 April, 2023, the new income tax regime has been made the default tax regime. However, the citizens have the option to avail the benefits of the old tax regime.

₹8,680 crore, which is less than one percent of the industry's total equity Assets Under Management (AUM), highlighted brokerage house Fisdom Research in a recent note. In the note, Fisdom Research has delved into the mutual fund landscape, examining which Asset Management Companies (AMCs) maintain Zee Entertainment in their portfolios and those that have chosen to remain underweight in the wake of these developments.

aborted Sony-Zee merger, Disney Star finds itself at risk of a significant valuation hit, potentially amounting to an unprecedented $2 billion, The Economic Times reported citing sources. The fallout from Zee Entertainment Enterprises (ZEEL) disputing a $1.5-billion sub-licensing deal for the International Cricket Council (ICC) has triggered concerns about Reliance's downgrade of Disney Star, it said. ZEEL contended that its obligations to honour the ICC deal with Disney Star were contingent on the successful completion of Zee's merger with Sony.

Want to take exposure to a sector which grows much faster than GDP

Disney Star could, in terms of valuation, end up becoming an unusual and immediate victim of the aborted Sony-Zee merger. Zee Entertainment Enterprises disputing its obligations to honour a $1.5-billion sub-licensing deal for the International Cricket Council (ICC) has raised the likelihood of an up to $2-billion downgrade of Disney Star by Reliance, on anticipated losses from the media rights agreement, people privy to the development told ET. According to Zee, the ICC TV contract with Disney Star was contingent on successful completion of Zee's merger with Sony, said the people cited.

Axis Bank, ZEE, Cipla among others will be in focus due to various developments and quarterly numbers. Here's a complete list of stocks for investors to track.