Rakesh Jhunjhunwala buys stake in Zee Entertainment

Ace investor Rakesh Jhunjhunwala's Rare Enterprises Ltd and BofA Securities Europe SA on Tuesday bought shares of Zee Entertainment Enterprises worth over Rs 225 crore through open market......

Zee, Sony amicably settle disputes over their failed merger, to withdraw claims

ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed $10-billion merger and have agreed to......

Zee plans to raise funds via issue of shares, QIPs

Leading broadcaster Zee Entertainment on Monday said it is planning to raise funds from the market through various routes, including issuing of equity of shares, and qualified institutions......

Zee seeks $90 million from Sony for calling off merger

Zee Entertainment Enterprises has sought a termination fee of $90 million (around Rs 748.7 crore) from the Sony Group for calling off the $10 billion merger deal in January this year. Photograph:......

Amazon to exit bidding battle for India cricket rights

US tech behemoth Amazon will not bid for rights to telecast India's premier league cricket, projected to be worth more than 500 billion rupees ($6.4 billion), a source with knowledge of the......

Sony acquires Ten Sports from Zee for $385 million

Media Firm Zee Entertainment Enterprise Ltd (ZEEL) sold its sports channel Ten Sports to Sony Pictures Networks for a US$ 385-million (about Rs 2,579 crore) in an all cash deal."The Board of the......

Amazon, Reliance set to lock horns over IPL media rights

'Cricket is the second-biggest sport in the world with two-and-a-half billion fans and IPL is like its Super Bowl.' IMAGE: IPL's matches reached 350 million viewers during the first half of the......

Lalit Modi or Ten Sports not linked with our project on cricket: Essel

The Essel Group on Monday rebutted news reports that it is setting up parallel cricket boards across different countries in collaboration with Ten Sports Network but said it is now geared up to......