SoftBank India portfolio valued at nearly $14 billion; Flipkart among top 15 most valued portfolio companies

Notably, the average transaction size for mass-market and mass-affluent products jumped by 11 percent and 12 percent respectively on match days in host cities. (Representative Image: Mathieu Stern via Unsplash)

SoftBank also made full exits from Policybazaar and Zomato. It also exited PhonePe which was part of a dividend payout from the Flipkart investment.

Parliamentary Committee asks government for comprehensive act to regulate cable TV industry

Experts urge Nepal to take decisive steps to curb malpractices and ensure the fair payment of subscription fees to foreign broadcasters. (Representative Image: Piotr Cichosz via Unsplash)

According to the panel, one of the biggest concerns of the cable TV industry has been pricing of channels by broadcasters and the negative impact on the cable tv industry.

Modi family inheritance dispute: Samir Modi wishes to keep ownership of flagship company Godfrey Philips

According to sources, the trust deed proposed that KK Modi's wife and three children share the inheritance equally.(Image sourced via Forbes India)

Bina Modi, the current CEO of Godfrey Phillips, is at the center of the dispute, with Samir alleging that she has taken control of the company in violation of the trust deed’s provisions.

Aviation passenger traffic recovered to 96 percent during 2022-23

Most individuals have expressed a preference for shorter vacations during festive season.

In the last twelve months, two greenfield airports namely, Rajkot in Gujarat and Shivamogga in Karnataka have been operationalised. In addition, new terminals buildings at Trichy, Ayodhya, Surat, Chennai, Tezu, Kanpur and Port Blair airports have been developed.

BCCI approaches Supreme Court for opinion on taxability of media rights

Last year, the Bombay High Court directed the BCCI to seek the opinion of the Supreme Court regarding the issue (Image source (from left to right): Moneycontrol and Unsplash)

BCCI is of the opinion that their sale of media rights do not fall under ‘franchise services’ and hence they are not liable to pay service tax.

SEBI cracks down on ZEE Business guest experts; Rs 7.4 crore fine imposed by market regulator

SEBI categorised them in three categories. Kiran Jadhav, Ashish Kelkar, Himanshu Gupta, Mudit Goyal, and Simi Bhaumik were involved in giving trading advice to viewers, and hence have been bracketed as guest experts. Nirmal Kumar Soni, Partha Sarathi Dhar, SAAR Commodities, Manan Sharecom and Kanhya Trading Company have been termed profit makers and rest are enablers. (Image source: Moneycontrol)

Some experts barred from trading in the market until further orders.