Subhash Chandra, the chairman emeritus of Zee Entertainment Enterprises, alleges that Sony intentionally prevented a merger, rejecting the Zee promoters’ offer during extended negotiations to have Punit Goenka step aside from the chief executive’s post. Chandra asserts that Zee plans to sue Sony for damages. In an interview with Vinod Mahanta and Javed Farooqui, Chandra discloses that the promoter family will increase its stake in the company by 5%, aiming to reach a total of 26%. The stumbling block arose as Sony did not want Punit as CEO. Chandra is aware that some shareholders still believe that if Punit had…
Author: Editorial Team
On Tuesday, the 96th Academy Awards revealed nominations, with the Christopher Nolan film ‘Oppenheimer’ leading Oscar 2024 nominations with an impressive 13 nominations. Following closely was the fantasy film ‘Poor Things,’ starring Emma Stone, securing 11 nominations, while the Martin Scorsese drama ‘Killers of the Flower Moon’ received 10. The summer blockbuster ‘Barbie’ earned eight nominations. The Oscars, hosted for a fourth time by Jimmy Kimmel, are scheduled for March 10. Explore the full list of nominees below. Best Picture Nominations for Oscar 2024 MovieProducersAmerican FictionBen LeClair, Nikos Karamigios, Cord Jefferson, Jermaine JohnsonAnatomy of a FallMarie-Ange Luciani, David ThionBarbieDavid Heyman,…
The Aakash board has given the green light to convert the $300 million investment made by Pai in 2023 into equity, valuing the company at around $700 million and making it debt-free. People familiar with the matter indicate that Ranjan Pai, chairman of Manipal Education and Medical Group, is poised to become the largest shareholder in Aakash Institute, with a 40% stake. Byju’s parent, Think & Learn, executed the acquisition of the brick-and-mortar coaching chain for $950 million in 2021, marking one of the largest acquisitions in the Indian internet sector. As of Wednesday’s press time, an email sent to…
At the 2024 Billboard Women In Music Awards, NewJeans, consisting of Minji, Hanni, Danielle, Haerin, and Hyein, clinched the coveted ‘Group of the Year Award.’ On January 24, Billboard, a global authority in the music industry, revealed the winners, recognizing exceptional female artists, creators, producers, and executives who have made a lasting impact on the musical landscape in the past year. First K-Pop Female Group to Win ‘Group of the Year’ at 2024 NewJeans notches a historic win, marking the first time a K-pop female artist claims the ‘Group of the Year’ title, signifying a significant milestone for the group.…
BTS V and IU’s latest music video, “Love Wins All,” is an absolute visual and emotional masterpiece, captivating K-Pop enthusiasts worldwide. Unveiled on January 24, directed by the visionary Um Tae Hwa, known for the blockbuster Concrete Utopia, the cinematic journey unfolds in a post-apocalyptic future. The palpable on-screen chemistry between IU and BTS’s V has left fans in awe, adding an extra layer of excitement to the already mesmerizing narrative. As the clock struck midnight, eager fans were treated to a stunning portrayal of love and survival, making the music video a sensation across the internet. BTS V and…
India is set to host the Miss World 2024, after a 28-year hiatus. Organizers have announced the exciting details of the 71st Miss World pageant, with New Delhi hosting the globally streamed and televised extravaganza starting February 18. Welcoming participants from 120 nations, the month-long celebration of ‘Beauty with a Purpose’ will culminate in the grand finale on March 9, 2024, in Mumbai. Femina Miss India World 2022, Sini Shetty, will proudly represent India on the international stage. Explore all the essential details, from dates to venue, of this highly anticipated Miss World 2024 in India. India Chosen as Host…
Netflix has released the official full trailer for its live-action adaptation of Nickelodeon’s animated series, “Avatar: The Last Airbender.” The series, starring Gordon Cormier as Aang, follows the journey of the Avatar who must master the four elements—water, earth, fire, and air—to restore balance to a world threatened by the Fire Nation. Set to premiere on February 22, the highly anticipated series comprises eight episodes. Netflix Unveils Trailer for ‘Avatar The Last Airbender’ Live-Action Series Netflix has released the first trailer for “Avatar: The Last Airbender,” just under a month before the show’s February 22 premiere. The trailer captioned “YIP…
E-commerce giant eBay, in alignment with tech industry counterparts like Google, Amazon, and Meta, is reducing its workforce to curb costs. Through an email to its staff, the company disclosed plans to lay off approximately 1,000 employees, constituting 9% of its full-time workforce, with additional rounds of layoffs scheduled in the next few months. Layoffs and Challenges at eBay Despite a notable $1.3 billion profit last quarter, labelled as “another quarter of solid results,” eBay is undergoing workforce restructuring. Reports indicate that the company justifies these layoffs, asserting the necessity for changes. In a letter reported by The Guardian, eBay…
In October 2023, Bharti Group declared its intention to acquire the 49% stake held by its joint venture partner, AXA Group, in the life insurance business. Currently, Bharti Group is actively engaging in advanced negotiations with SBI Life and other insurers to sell its wholly-owned life insurance venture, Bharti AXA Life Insurance, according to sources familiar with the matter. Bharti Group Explores Exit from Life Insurance Sector Following the October 2023 announcement of plans to acquire AXA Group’s 49% stake in the life insurance business, Bharti Group, having obtained the business from AXA, is actively seeking to divest from the…
The new release date for Kangana Ranaut’s upcoming film “Emergency” has been officially announced, following her participation in the Ram Mandir Pran Pratishtha ceremony in Ayodhya. On Tuesday, January 23, the actress used her social media platforms to reveal the movie’s new poster and release date. The revised release date coincides with Kartik Aaryan’s ‘Chandu Champion.’ In her Instagram post, Kangana urged followers to unlock the narrative behind India’s darkest hour, announcing the film with the hashtag #Emergency. Alongside the announcement, Kangana shared a new poster for “Emergency,” emphasizing that she not only stars in but has also directed and…