Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

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:......

Punit Goenka keen to prune Zee workforce by 15%

ZEE Entertainment Enterprises Ltd on Friday said its  MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company.......

Zee sacks 50% staff at its Bengaluru-based tech centre

Zee Entertainment on Friday said it has "pruned" its Technology and Innovation Centre (TIC) by about 50 per cent following the guidance of a special committee, which had conducted a critical......

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......

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......

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......

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......