Month: February 2024

Zee spent Rs. 427 crore in compliances to see through merger with Sony

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Zee’s annual report also revealed that it spent Rs. 176.20 crore in FY23. Furthermore, it spent Rs. 190.39 crore in the first six months of the current fiscal year towards the merger. Even after this, the merger was called off.

Eureka Forbes Q3 profit triples to Rs 23 crore

Revenue from operation was up at Rs 539.43 crore as against Rs 473.51 crore earlier. (Image by Moneycontrol)

The company had clocked a profit of Rs 6.85 crore in October-December FY23, according to a regulatory filing by the company now controlled by private equity firm Advent International.

Cable TV Regulation: IBDF seeks meeting with the Parliamentary Standing Committee

In a letter that was released on February 13, the IBDF highlighted that it would make a detailed representation to the parliamentary committee which was headed by Prataprao Jadhav, member of parliament, Shiv Sena. (Representative Image: Erik Mclean via Unsplash)

This comes in the wake of the apex body of TV broadcasters being excluded from the deliberations that formed the basis of the report, ‘Regulation of Cable Television in India’.

Coca-Cola witnessed robust growth in 2023; to re-invest significant chunk of capital investment

Each bench is created from approx. 50 kgs of recycled plastic waste. These eco-friendly benches have been installed in schools, colleges, public parks, and municipal corporation offices across 10 cities in India, including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Ahmedabad, Pune, Dharamshala, and Lucknow. (Representative Image: Soheb Zaidi via Unsplash)

In the December quarter, developing and emerging markets grew by two percent, particularly driven by growth in India and Brazil. India stands as Coca-Cola’s fifth largest market.

ED demands details on Paytm Payments Bank’s overseas transactions

In early February, a media report surfaced that the ED had begun probing into One97 Communications on suspicion of violation of foreign exchange rules. However, the firm has denied these allegations. (Image source: Amazon)

In early February, a media report surfaced that the Enforcement Directorate (ED) had begun probing into One97 Communications on suspicion of violation of foreign exchange rules.

Paytm: Our recruitment partners continue to see high interest from top talent in the country

It has been stated that several players such as PhonePe, Google Pay, and banks such as HDFC Bank and State Bank of India (SBI) are deploying several thousand salesforce to attract merchants which include kirana stores and retailers. (Image source: Moneycontrol Hindi)

Paytm, which is estimated to have over 30,000 employees, Reet Bhambhani, senior partner of banking, financial services and technology at EMA Partners India, highlighted that they are witnessing high traction for leadership roles at Paytm across engineering, business and product streams.

Infosys under scrutiny for failure to deliver on new campus and employment opportunities

In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore. (Image source: Unsplash)

In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore.

Sun TV Q3 FY24 results: Total income rises to Rs.1,014 crore

The earnings per share for the current quarter rose by 5.05 % to Rs.11.10 as against Rs.10.56 for the corresponding quarter ended 31st December’2022. (Image source: YouTube)

The earnings per share for the current quarter rose by 5.05 percent to Rs.11.10 as against Rs.10.56 for the corresponding quarter ended 31st December’2022.