Tag: Media

Goenkas move SAT against SEBI’s confirmatory order

The regulatory body’s investigation into Zee founders, primarily focusing on Subhash Chandra and Puneet Goenka, reportedly uncovered the potential diversion of approximately Rs 20 billion ($241 million) from the company. This figure is roughly ten times larger than SEBI's initial estimates, raising concerns about financial irregularities within Zee. (Image sourced via CNBC TV-18)

Punit Goenka argued that such an order before the investigation’s completion was unjust, seeking an interim stay and the quashing of the SEBI order.

Zee-Sony merger likely to close in next three months

Ritika Nayyar, partner (mergers and structuring) at law firm Singhania & Co, said, "The approval for the merger was accorded on 10th Aug 2023 by the NCLT. Though one cannot predict the exact time to reach closure, it may take anywhere between two to three months, factoring in various post-approval compliances with the regulators such as ROC and SEBI and intimation to various statutory authorities such as Income Tax, GST and so on. Since the order of the NCLT is supposed to be filed with the ROC within 30 days of receipt of the order, we believe this is currently in process."

Ritika Nayyar, partner (mergers and structuring) at law firm Singhania & Co, discusses the challenges before and progress of the $10 billion Zee-Sony merger deal.

TRAI allots 7-day window for stakeholders to submit inputs on converged digital technologies and services consultation paper

This move by Godrej & Boyce positions the company to capitalize on the growing aspiration and digital payment-driven demand in smaller cities and towns (Representative Image: Vardan Papikyan via Unsplash)

TRAI will come up with their recommendation on the subject after receiving the final inputs from stakeholders.

BARC directed to provide raw-level data to broadcasters

IBDF's September 22 board meeting charted AGM plans for October 31.(Image sourced from Moneycontrol)

Stakeholders in the television business have long been looking at some changes that could be introduced in the television measurement system. One of the them is raw data.

Eros plea denied by SAT against SEBI order

If a reply along with a stay vacation application is filed, WTM (whole-time member) will fix a date within a week from date of filing the reply by appellants. (Representative Image: Agence Olloweb via Unsplash)

The WTM has been directed by SAT to provide an opportunity to Eros to plead its case. The bench, after three weeks will pass an order – prima-facie, post consideration of all material evidence presented by the appellants.

Why TV and digital media companies are pursuing esports IPs?

While digital streaming platforms like Rooter and Loco have always streamed gameplays and tournaments, involvement of mainstream media in televising or streaming boosts the reach, recall and engagement of these events to a whole new level. Representative Image via Unsplash

According to experts, the biggest reason behind mainstreaming of esports is that it is now reaching a much broader and diverse audience, including those who have previously never been exposed to it.

Prime series Made in Heaven called out by Tarun Tahiliani

Significant portions of the second episode of Made In Heaven were styled using clothes provide by Tarun Tahiliani studio.

Fashion designer Tarun Tahiliani condemned the OTT series Made in Heaven for showcasing a fictitious designer presenting clothes designed by Tarun Tahiliani studio.