Germany joins global wave of 4-day work week

The country's Finance Minister, Christian Lindner, has expressed concern about the potential negative impact on prosperity, particularly in context with the fears of a recession and hiring issues until 2024. (Representative Image: Tungsten Rising via Unsplash)

Germany embarks on a six-month experiment with a four-day workweek, joining the global trend for flexible schedules.

Sony unlawfully terminated merger: Zee’s petition to NCLT

The Singapore International Arbitration Center is the first Asian arbitration institution to offer this process and has received over 130 applications since 2010 for the appointment of an Emergency Arbitrator. (Image source: Moneycontrol)

During the NCLT hearings, Zee lawyers are likely to argue if Sony actually had any concerns when SEBI passed the interim order in June 2023. Sony did not reach out to the Zee board nor the NCLT at the time, seeking sanction.

Shilpa Shetty Kundra launches new kids fashion venture Zip Zap Zoom

The venture focuses on offering entertainment friendly clothing made with sustainable materials that provide safety and comfort to the children.

Zip Zap Zoom is a new clothing line for teenagers and the little ones, aiming to reshape the industry combining both Shilpa’s fashion sense, artistic talents and Ashmika’s industry knowledge and entrepreneurial expertise.

Vincent Bolloré’s Vivendi to split into four individually listed companies

The decision however, still requires the green light from lenders, employee groups and regulators. (Representative image by Pablo García Saldaña via Unsplash)

Vivendi would be split into film and TV studio Canal+, communications firm Havas, an investment business and another entity that will hold the company’s majority share in publishing group Lagardere that includes travel operations as well as Prisma Media.

Disney’s valuation slips in Viacom18 deal: What went wrong?

The combined entity will have lucrative sports properties which not only include premium cricket IPs like Indian Premier League (both TV and digital), ICC cricket tournaments (both TV and digital) but also other major sporting events like Wimbledon and Pro Kabaddi League.

The current deal size is significantly below Disney’s initial expectation of $10 billion.