Actor and entrepreneur Suniel Shetty has picked up a minority stake in Pro Panja League, a professional arm-wrestling tournament launched by celebrity couple Parvin Dabas and Preeti Jhangiani through their company Panja...
Media
Vivendi announces agreement for full sale of Gala magazine
Vivendi subsidiary Prisma Media has entered into a put option agreement with Groupe Figaro for the full sale of French gossip publication Gala magazine, the French media and communications giant announced on Thursday...
NCLT reserves order on Zee-Sony merger scheme
The Mumbai bench of the National Company Law Tribunal (NCLT) has reserved its order on the merger scheme between Zee Entertainment Enterprises (ZEE) and Culver Max Entertainment (Sony). The division bench of judicial...
Havas Media India acquires PivotRoots
French advertising and public relations company Havas’s India arm, Havas Media India, has announced the acquisition of PivotRoots, a digital marketing and communications agency. PivotRoots was launched in 2016 by Shibu...
Zee Entertainment, IndusInd settle payments issue, NCLAT disposes of appeal
Zee Entertainment and IndusInd Bank announced that all the due payments have been settled between the two entities, as per media reports. The National Company Law Appellate Tribunal (NCLAT) has disposed of the appeal...
Insolvency plea against Essel entity Cyquator dismissed
The National Company Law Tribunal (NCLT) has dismissed IDBI Trusteeship Services’ petition seeking Corporate Insolvency Resolution Process (CIRP) proceedings against Essel Group entity Cyquator Media Services for...
Zee’s plea against Sebi order: SAT adjourns hearing
The Securities Appellate Tribunal (SAT) adjourned the hearing on Essel Group chairman Subhash Chandra and ZEE managing director and CEO Punit Goenka’s plea to Tuesday. The Securities & Exchange Board of India...
Vice Media to be acquired by Fortress-led lender group for $350 million
Online publisher Vice Media will be sold to a consortium led by Fortress Investment Group after the bankruptcy court approved its $350-million bid. The investor group, which includes Soros Fund Management and Monroe...
Bankrupt Vice Media to be acquired by Fortress Investment group in a $222million deal
Vice Media has finalised its sale to a group of buyers including Fortress Investment Group after a deal of paying out $ 222 million to the bankrupt company, reported Reuters based on a legal filing. Company’s...
Securities Appellate Tribunal adjourns ZEEL promoters’ plea to June 26
The Securities Appellate Tribunal (SAT) will hear on June 26 the plea of Zee Entertainment Enterprises Limited Chairman emeritus Subhash Chandra and his son and MD Punit Goenka to set aside the Securities & Exchange...
EU antitrust regulators approve Vivendi, Lagardere deal
Vivendi, the French media conglomerate controlled by billionaire Vincent Bollore, on Friday, won conditional EU antitrust approval for its acquisition of France’s largest publisher Lagardere. Vivendi last year...
Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
The owners of All3Media, Britain’s largest independent TV production company, are exploring options that include cashing out on their joint venture in a deal worth more than 1 billion pounds ($1.26 billion), three...
