India-Oman trade deal aimed at facilitating smoother access for goods and services between the two nations, is on the brink of finalization. Officials familiar with the matter have indicated significant progress, indicating that a majority of the issues have been resolved. This potential agreement is expected to bolster India’s presence in the Gulf region, underscoring the strengthening ties between the two countries. As negotiations near completion, the trade deal signifies a strategic move to enhance economic cooperation and deepen bilateral relations between India and Oman. India-Oman Trade Deal According to undisclosed sources, India and Oman have largely agreed on key…
Author: Editorial Team
The National Company Law Tribunal (NCLT) has granted approval for the proposal put forth by IndusInd International Holdings Ltd (IIHL), a subsidiary of the Hinduja Group, to acquire bankrupt Reliance Capital Ltd. This decision marks a crucial milestone in the protracted acquisition process that has been underway. Reliance Capital’s insolvency proceedings have been closely monitored due to its significance in the financial sector. With the approval from NCLT, IndusInd International Holdings Ltd, a part of the Hinduja Group, gains a significant foothold in the acquisition process, signaling a potential turning point for Reliance Capital’s future. Hinduja Group’s Bid for Reliance…
Subhash Chandra, the chairman emeritus of Zee Entertainment Enterprises Ltd, is not helping in an investigation about money possibly being redirected from the media company, according to the Securities and Exchange Board of India (Sebi), as communicated to the Securities Appellate Tribunal (SAT). Chandra’s legal team disputes these claims. Sebi’s representative, senior counsel Darius Khambata, countered Chandra’s assertion of cooperation, stating that Sebi’s attempts to communicate with him, such as issuing summons and asking for documents, have resulted in promises of delayed responses. Subhash Chandra’s Cooperation in Zee Fund Diversion Probe Questioned Sebi (Securities and Exchange Board of India) is…
Yami Gautam, the Bollywood actor, is overjoyed about the success of her latest film, ‘Article 370,’ which blends political themes with thrilling action. Despite initial skepticism from some quarters, Yami is now celebrating the movie’s impressive performance at the box office. In a heartfelt message shared on her social media platform, Yami expressed gratitude to the audience for embracing the film and proving the skeptics wrong. She recalled how during the making of “Article 370,” many people doubted its potential, citing concerns about its technical intricacies and political terminology. Despite these reservations, Yami and her team remained steadfast in their…
Byju’s, a prominent name in the edtech sector, has faced scrutiny over governance lapses despite its remarkable valuation surge from $5.5 billion to $22 billion between 2019 and 2022. This situation underscores several critical observations: Startups, particularly unlisted ones like Byju’s, often operate without sufficient regulatory oversight, disregarding fundamental corporate governance principles. The private equity landscape tends to prioritize valuations over governance concerns, allowing issues related to finance, compliance, and accountability to be overshadowed. While Byju’s valuation surge captured attention, underlying governance, financial, and compliance issues persisted, prompting investor apprehensions. The unfolding events at Byju’s highlight a pressing need for…
Walt Disney Co. and Reliance Industries Ltd. have officially agreed to merge their media operations in India. Under the terms of the agreement, Reliance and its affiliated companies are slated to control a minimum of 61% of the combined entity, leaving Disney with the remaining stake. The Disney and Reliance deal announcement is anticipated early in the upcoming week. However, the ownership distribution could change if Disney’s other local assets are included in the merger. Disney and Reliance Merge Media Operations in India Walt Disney Co. and Reliance Industries Ltd. have officially signed a binding agreement to combine their media…
Get ready for an exhilarating cinematic journey this March 2024 with a lineup of captivating Bollywood releases! Whether you’re a movie buff or a moviegoer looking to dive into the latest blockbusters, we’ve got you covered. Stay ahead of the curve by bookmarking our site, ensuring you never miss the latest updates on upcoming releases. The movies hit both the silver screen and popular streaming platforms. Get set to immerse yourself in the magic of cinema right from the comfort of your home or at your favorite theater. Get ready to experience the thrill and drama with the movies releasing…
Get ready to be swept away by the exciting lineup on Netflix in March 2024. With recent hits like Griselda, the rom-com remake series One Day, and the thrilling true-crime docuseries American Nightmare, Netflix keeps grabbing people’s attention worldwide. They also offer blockbuster movies like Players and licensed films like Thanksgiving, making it your go-to destination for captivating movies and TV shows. Netflix in March 2024, is set to unveil the series adaptation of Guy Ritchie’s ‘The Gentleman.’ Audiences can also anticipate the return of beloved shows like Young Royals and Girls5eva (transitioning from Peacock), promising moments of laughter and…
Google is getting ready to bring SoundPod to more merchants in India soon. SoundPod, part of Google Pay, is a device that helps merchants keep track of QR code payments using sound alerts when a payment comes in. Google Pay says they’ve gotten good feedback from merchants who tried it. Now, they are making it available to more people. Other companies like Paytm and PhonePe have similar devices for merchants. Paytm was the first to introduce audio confirmations with Paytm Soundbox in 2019. Now, Google Pay is expanding its SoundPod service across India. This is happening as the Reserve Bank…
The celebrations in Jamnagar, Gujarat, on India’s west coast, have intensified. Anant Ambani, 28, the youngest son of Indian billionaire Mukesh Ambani, one of the world’s richest men, and his wife Nita Ambani, will wed Radhika Merchant, 29, the daughter of industrialist Viren Merchant. Although the wedding won’t occur until July 12 in Mumbai, a three-day pre-wedding bash will unfold in Jamnagar from March 1 to 3. Guests have received a nine-page event guide and wardrobe planner outlining the activities and expectations for the pre-wedding bash organized for Anant Ambani and Radhika Merchant in Gujarat’s Jamnagar city from March 1…