What did ZEE’s Punit Misra say in his resignation letter?

Punit Misra oversees content for both the TV network of ZEE as well as its digital offering ZEE5, both domestically and globally. He also manages ZEEL’s international business spanning 190 countries.

Punit Misra is all set for the next phase of his professional journey, he said in the letter.

HUL likely to spin-off ice-cream business into separate unit following Unilever

The board formed a committee of independent directors to explore various alternatives for the ice cream business and provide recommendations. These recommendations will be reviewed by both the Audit Committee and the Board.

For HUL in India, the ice-cream business accounts for Rs. 2000 crore or around 3 percent of total sales. It includes popular brands like Magnum and Kwality Wall’s.

Wall Street Journal elevates Deborah Ball as Asia editor

Deborah Ball began her career as a staff reporter at Dow Jones Newswires, and in 1997, her innings began at the Wall Street Journal.

The appointment comes as Andrew Dowell, former Asia editor, transitions to a role as the Middle East editor based in Dubai, stated a media report.

Thomas Cook India foresees continued growth in leisure travel despite elevated costs

Thomas Cook (India) plans to broaden its hotel portfolio to encompass 65 properties by 2025, a significant expansion from its current operation of around 3,000 rooms, with an ultimate target of reaching 5,000 rooms.

Madhavan Menon, Executive Chairman of the omni-channel travel company, remarked on a significant uptick in domestic and short-distance travel, covering regions including Central Asia, the Middle East, and Southeast Asia.

NCLAT to rule on Zee-Sony merger challenges on April 15

On April 16, ZEEL had said that it has decided to withdraw the merger implementation application filed before the NCLT, Mumbai bench against Sony.

On August 10, the Mumbai bench of NCLT approved the merger between ZEEL and Sony which eventually got called off in January 2024.

Byju Raveendran no longer billionaire; net worth drops from Rs. 17545 crore to ZERO

A similar email that was sent in August, Raveendran had promised to clear July's salary, but payment delays have continued as the company navigates an insolvency process and major legal hurdles with US-based lenders staking claims on its India assets.

Byju’s was once one of India’s most valuable startups but has been facing trouble for a number of issues ranging from accounting irregularities, of courses and mass layoffs.