Search results for ' Sony Pictures'.
Now Reliance's name dragged into Invesco, Zee battle
Rediff.com13 Oct 2021Invesco, the single largest shareholder of Zee Entertainment Enterprises Ltd (ZEEL), on Wednesday said it had tried to facilitate a possible deal between Reliance and the company but refuted claims it had pushed for the transaction at a lower valuation. The latest statement from Invesco comes a day after ZEEL chief Punit Goenka told the company's board that Invesco had come with a proposal in February for a merger with certain entities owned by a large Indian group (Strategic Group) with inflated valuation "by at least Rs 10,000 crore". In a statement on Wednesday, Invesco mentioned that Reliance was the large Indian group.
Invesco wanted to merge Zee with a big group: Goenka
Rediff.com12 Oct 2021In the continuing battle between the promoter family and Invesco, ZEEL said its MD and CEO Punit Goenka has informed its board about a proposal made by Invesco about the merger, under which Strategic Group would hold majority stake but he was offered to be appointed as MD and CEO of the merged entity besides offering 4 per cent stake. In a regulatory filing, ZEEL alleged that Invesco's stance in their Open Letter that they "will firmly oppose any strategic deal structure that unfairly rewards select shareholders, such as the promoter family, at the expense of ordinary shareholders" runs contrary to the very deal Invesco was proposing itself a few months ago.
Zee: Whose company is it anyway?
Rediff.com12 Oct 2021The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
Invesco, Zee saga drags on
Rediff.com11 Oct 2021In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
NCLT told to give enough response time to Zee on Invesco plea
Rediff.com7 Oct 2021As the feud continues between Zee and Invesco, appellate body NCLAT on Thursday directed the National Company Law Tribunal (NCLT) to give reasonable opportunity to the media major to reply to Invesco's plea for holding a meeting of shareholders, and also remarked that the tribunal made an "error" by not providing sufficient response time. With the order capping a day of fast legal developments at the NCLAT as well as the NCLT within a span of a little over an hour, the spat between Zee Entertainment Enterprises Ltd (ZEEL) and minority shareholder Invesco will now come up for hearing before the NCLT on Friday. Invesco is seeking the ouster of ZEEL MD and CEO Punit Goenka and appointment of six new directors on its board.
Zee moves NCLAT against minority shareholders' EGM plea
Rediff.com6 Oct 2021Zee Entertainment Enterprises Ltd on Wednesday approached the National Company Law Appellate Tribunal (NCLAT) against the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM) to discuss various issues, including removal of managing director Punit Goenka. The media major has challenged the orders of Mumbai-bench of the National Company Law Tribunal, which had on Tuesday directed Zee Entertainment Enterprises Ltd (ZEEL) to filed reply over the petition filed by its minority shareholders by October 7 (Thursday), the next date of hearing. Confirming the development, a ZEEL Spokesperson said: "The company has moved NCLAT in accordance with the due process available under the law."
Zee's Punit Goenka: Not Just The Owner's Son
Rediff.com6 Oct 2021Puneet Goenka's ability to stay calm is probably what helped Zee rise from a down-in-the-dumps broadcaster into one of the largest, steadiest and most profitable media companies in India, reports Vanita Kohli-Khandekar.
Zee board rejects Invesco's request for convening EGM
Rediff.com1 Oct 2021At its meeting held on Friday, the company's board rejected the minority shareholders' demand and termed the requisition as "invalid and illegal". "In its meeting held on 1st October 2021, the board has arrived at a conclusion that the requisition is invalid and illegal; and has accordingly conveyed its inability to convene the Extraordinary General Meeting to Invesco Developing Markets Funds and OFI Global China Fund, LLC," ZEEL said in a statement.
Why Ranbir is the PERFECT Family Man!
Rediff.com28 Sep 2021Besides acting, he loves spending time with family and friends, so we won't be surprised if Ranbir keeps his birthday an intimate affair.
Sensex ends 78 pts lower tracking losses in index majors
Rediff.com22 Sep 2021HDFC was the top loser in the Sensex pack, shedding over 1 per cent, followed by Nestle India, ICICI Bank, Kotak Bank and HDFC Bank. The NSE Nifty declined 15.35 points to 17,546.65.
Sony-Zee to hold 52.93:47.07 stake in new merged entity
Rediff.com22 Sep 2021Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and programme libraries.
Helmet review
Rediff.com3 Sep 2021Helmet's sole attribute are its three actors. Aparshakti Khurana, Abishek Banerjee and Ashish Verma have an effortless witty quality and breezy camaraderie, observes Sukanya Verma.
10 BEST THRILLERS on OTT
Rediff.com1 Sep 2021For those who may have missed the thriller Chehre in theatres, Joginder Tuteja lists the 10 Best Thriller Web series.
Mahindra plans to steal the SUV thunder with XUV700
Rediff.com18 Aug 2021A new XUV, a new logo, and a big bang at the launch! Mahindra revealed its keenly-awaited XUV700 in Chennai on Saturday.
Why this Actor became a Sportscaster
Rediff.com13 Aug 2021'I have been lucky to be able to show my talent more as a sports anchor, and I could do this for life!'
If India wants to win Gold in Paris...
Rediff.com10 Aug 2021'If we want to ensure this isn't a once-in-four-decade phenomenon, then we have to produce 1,800 players all the time, create infrastructure, so that we are constantly challenging at the top of the ladder.'
Why Manoj Kumar doesn't make movies anymore
Rediff.com24 Jul 2021'Sadly, I don't have the comfort of working with Manoj Kumar the actor anymore.' 'He is capable of telling home truths in the most understated manner.' 'So I've to select from the stars today.'
What's on Rakul Preet's plate?
Rediff.com23 Jul 2021Mallika Sherawat checks out a Parisian cafe...Tara Sutaria takes a nap on the Heropanti shoot...
HC upholds TRAI order lowering price of TV channels
Rediff.com30 Jun 2021A division bench of Justices Amjad Sayyed and Anuja Prabhudessai passed the judgment on a bunch of petitions filed by several broadcasters, like the Indian Broadcasting Foundation, a representative body of TV broadcasters, the Film and Television Producers Guild of India, Zee Entertainment Ltd and Sony Pictures Network India.
Antilia bomb scare case: NIA arrests ex-encounter specialist
Rediff.com18 Jun 2021The NIA also conducted a raid at the residence of Shiv Sena leader and former 'encounter specialist' of Mumbai Police, Pradeep Sharma in connection with the Antilia bomb scare and Mansukh Hiren murder case on Thursday, sources said.
Mrunal ticks off her bucket list with this...
Rediff.com4 Jun 2021Throwback times with Mandira, Kunal, Bhagyashree and Rasika!
IBF forms digital media content regulatory council
Rediff.com31 May 2021The Indian Broadcasting Foundation (IBF) on Monday announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC).
Maharani review
Rediff.com31 May 2021Huma Qureshi makes this predictable yet engaging political drama binge-watch worthy, notes Namrata Thakker.
Movie business loses Rs 120 billion!
Rediff.com3 May 2021From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
There was no end to what Irrfan could do
Rediff.com29 Apr 2021Irrfan never stopped being hopeful about the endless possibilities open to actors and film-makers in Indian cinema.
'We have stayed true to Major Sandeep's life'
Rediff.com15 Apr 2021'Every scene we have written in the film encapsulates the spirit of his life.'
The AMAZING life of Alia Bhatt!
Rediff.com15 Mar 2021Namrata Thakker takes a peek into Alia's AMAZING life through her Instagram feed.
Mohanlal would be perfect as Georgekutty.. 25 years ago
Rediff.com5 Mar 2021The curse of stardom, especially in a country like India -- which wants its Gods to be tidy and punctilious -- is that stardom forces you to stop exploring the frozen sea inside you, and instead inspires you more and more to perform out of a small puddle, observes Sreehari Nair.
Taapsee, Madhuri, Raveena: Coming soon on Netflix!
Rediff.com4 Mar 2021Netflix has unveiled a line-up of 15 original series as well as returning seasons of popular shows.
WWE throws its weight behind India, its biggest global market
Rediff.com2 Mar 2021The WWE says that India is its biggest market globally in terms of television viewership -- around 350 million unique viewers annually -- social media engagement and YouTube consumption, even claiming that it is the second-most watched sport in the country behind cricket.
Kriti, Akshay wrap up Bachchan Pandey
Rediff.com23 Feb 2021Raashii, Divya shoot...Bipasha celebrates a birthday...
Just who is Deep Sidhu of Red Fort fame?
Rediff.com4 Feb 2021Most of India knows Deep Sidhu as the man who planted the Sikh religious flag on Red Fort.
How Babus did during the Pandemic: A report card
Rediff.com18 Jan 2021The Covid pandemic has left a question mark on how the central government manages its staff.
Who is Shriya Saran kissing?
Rediff.com8 Jan 2021Tamannaah, Raashi wrap up their shoots while Taapsee is on her final schedule.
Spotted! Ananya-Ishaan, Alia-Ranbir, Kartik-Jahnvi
Rediff.com4 Jan 2021Mumbai airport was abuzz with activity as film folk made their way back to the city after spending New Year's Eve in exotic locations in India and abroad.
PIX: Bollywood shows us their Christmas decor
Rediff.com23 Dec 2020It's beginning to look a lot like Christmas on Instagram, with film and telly folk posting pictures of their pretty Christmas trees and decorations.
'Australia is ready for any challenge that India might throw'
Rediff.com25 Nov 2020Justin Langer said the contest would likely be an exciting one thanks to the two teams being evenly-matched.
Soni Somarajan's INSPIRING LIFE
Rediff.com21 Nov 2020It was Soni Somarajan's biggest dream -- to see himself as a proud member of the Indian Armed Forces. When Life brutally shattered that dream, he wove a new one.