BUSINESS
Bombay HC to hear Zee entertainment-Invesco case on October 21
The court has asked the company's largest shareholders Invesco and OFI Global China Fund to file affidavit by October 20.
BUSINESS
Maharashtra releases SOPs for theatres, 50% cap and no F&B inside auditoriums
SOPs include sanitizing auditoriums after every screening, regular cleaning and disinfection of box office and food and beverage area.
TRENDS
IPL 14: MS Dhoni hits it out of the park for CSK and Disney+Hotstar
The cliffhanger finish of the CSK-DC qualifier, with a powerful performance by Chennai skipper Dhoni, saw 7.2 million viewers tune in, making it one of the most watched games on Disney+Hotstar during IPL 14.
TRENDS
Can the Aryan Khan controversy pause brand SRK’s growth?
One of the major brands in Shah Rukh Khan's portfolio, edtech platform Byju's has already taken down ads featuring the actor.
TRENDS
NFT India: Rishabh Pant to drop digital collectibles soon
Rishabh Pant's NFT will drop most likely after the T20 World Cup.
TRENDS
Neeraj Chopra to Sumit Antil: How athletes, Paralympians are cracking endorsement game
From Neeraj Chopra to Sumit Antil and Mirabai Chanu, brands are in talks to close more endorsement deals. Along with athletes, Paralympians are also seeing interest from brands.
BUSINESS
NCLT gives Zee till October 22 to reply in Invesco case over directors
The order comes after National Company Law Appellate Tribunal (NCLAT) set aside NCLT's order asking Zee to file reply within two days.
BUSINESS
Reasonable and sufficient opportunity should be given to Zee for filing reply: NCLAT
It is clear that the learned NCLT has committed an error in not granting reasonable and sufficient time for filing a reply, said NCLAT in its order.
BUSINESS
Zee vs Invesco: NCLAT to pass order later in the day
On October 6, Zee had approached National Company Law Appellate Tribunal seeking more time to file a reply. The matter was heard by the appellate tribunal on October 7.
BUSINESS
Zee-Invesco case: NCLAT reserves order, will pass it later in the day
Zee approached the appellate tribunal on Wednesday in a bid to stay the National Company Law Tribunal (NCLT) order that sought its reply by Thursday on a plea moved by shareholder Invesco Developing Market Funds.
BUSINESS
Multiplexes bet big on Disney India’s movie slate; eye 8-week OTT window with strong film lineup
Rahul Kadbet, Vice President Programming, Carnival Cinemas said the studio has the potential to touch Rs 1,000 crore box office in India next year with films releasing in multiple languages.
TRENDS
Karnataka Bill banning e-gaming will impact 10% of online transactions: Experts
Industry seeks clarity on finer details of the law. Some operators in India’s billion-dollar online gaming segment intend to geo-block their operations in Karnataka or even shut operations if domiciled in the State.
TRENDS
What India watches: short videos grow in popularity despite ban on TikTok, long form still rules the roost
More than 200 million Indians watched short form videos at least once in 2020, with active user spending up to 45 minutes a day on these platforms.
TRENDS
Brands and creators take a hit on Insta, WhatsApp and Facebook outage
Amid users of social media in India, brands and creators felt the impact more as business was affected for them
BUSINESS
PVR partners with Nazara's Nodwin to bring esports to the big screen but will it find takers?
PVR will screen Battlegrounds Mobile India (BGMI) which is also known as the Indian version of the popular game PUBG (PlayerUnknown's Battlegrounds).
TRENDS
Mumbai school reopening: A look at challenges of being back to classes in times of COVID-19
While schools are gearing up to restart after being shutdown since March 2020 lockdown, there are some challenges ahead of them in terms of reopening.
BUSINESS
Q4 will be key to see the impact of big Bollywood releases: PVR's Sanjeev Bijli
Bijli said Maharashtra, India's biggest film market in terms of theatrical revenue, allowing theatres to reopen from October 22 had influenced the release dates of many big movies.
TRENDS
IPL resumption leads more players to tune into fantasy sports platforms
With phase two of the cricket tourney under way and the T20 World Cup following immediately, online gaming entities are optimistic about maintaining growth in users and revenue
BUSINESS
After NCLT order, ball now in Zee’s court on calling EGM
While the onus is on Zee to call the EGM, it’s not clear what will happen if the company doesn’t do so
BUSINESS
JetSynthesys, partnering Warner Music Group, to invest Rs 200 crore, will focus on music
The company, which counts ex-cricketer Sachin Tendulkar, businessman Adar Poonawalla and Infosys co-founder Kris Gopalakrishnan among its shareholders, will invest in music, digital entertainment, and social community platforms.
BUSINESS
IPL 14 on track to cross 400 million viewers on TV: Star India
According to data by Broadcast Audience Research Council India (BARC), a TV audience measurement service, IPL 14 so far has garnered 380 million viewers until match 35 which is 12 million higher than IPL 2020 at the same stage.
BUSINESS
INOX partners with ITC for in-cinema food offerings
For INOX, revenue coming from food business in 2020 was Rs 500 crore and CEO, Alok Tandon in an interview with Moneycontrol earlier in 2021 said that the company was putting a lot of efforts to increase this.
BUSINESS
Invesco's purpose unclear, say proxy advisory firms on US Fund moving NCLT against Zee
As per rules, the ZEEL board has time up to October 2 to call for an EGM, as requisitioned by Invesco and another 21 days to hold it. EGM has to be called within 45 days with a 21-day notice period. So, the company can push it to a maximum period of 24 days from receipt of investor request.
BUSINESS
Sports to bring strong ad dollars for digital on back of IPL, T20 World Cup
Although this is not the first time the back-to-back cricket tournaments are competing for advertising and viewership, the festive season is the X-factor.
