Disney, Reliance have signed binding merger pact for India ops: Bloomberg

Walt Disney Co. and Reliance Industries Ltd. have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most populous country, a Bloomberg report stated yesterday. The media unit of Reliance, controlled by […]

India Fashion Awards, WION unveil 4th edition

The grand stage at the St. Regis Hotel, Mumbai, witnessed the convergence of glamour and sustainability as the fourth edition of the India Fashion Awards (IFA) unfolded its spectacular two-day event in collaboration with WION. Themed ‘Fashion for Good’, the occasion not only celebrated the pinnacle of design excellence but also marked a significant stride […]

Sony Music India reports 11% net profit growth, reaches Rs 227 crore in FY23

Sony Music Entertainment India (SMEI) posted an 11.27 percent increase in 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, The Economic Times reported. According to the company’s financial data sourced by Tofler, operating revenue increased 26 […]

ET NOW Swadesh announces ‘Tax Mahakumbh’

ET NOW Swadesh, a leading Hindi business news channel, is set to unveil a  new initiative, ‘Tax Mahakumbh,’ on February 24 from 11 AM to 2 PM. This campaign aims to simplify the intricacies of tax planning, providing expert advice and insights from distinguished financial planners and renowned tax experts, the business news channel said in […]

NCLAT halts NCLT order in Dream11 case, directs IRP to await decision until Feb 23

The National Company Law Appellate Tribunal on Wednesday stayed the NCLT Mumbai bench order to initiate a corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, which operates the fantasy sports platform Dream 11. However, it has also directed the Interim Resolution Professional (IRP), appointed by the National Company Law Tribunal (NCLT) after suspending the board […]

John Abraham, Sharvari starrer ‘Vedaa’ to hit theaters July 12

Filmmaker Nikkhil Advani’s highly anticipated movie, ‘Vedaa,’ featuring John Abraham and Sharvari in lead roles, is all set to hit theaters on July 12, as announced by the makers on Wednesday. The film, described as a ‘high-energy action-drama,’ marks a reunion between John Abraham and Nikkhil Advani, known for their collaborations in ‘Salaam-e-Ishq’ and ‘Batla […]