Legal

Star India has initiated arbitration proceedings against Zee Entertainment Enterprises Ltd for the media major's recent decision to pull back on its $1.4 billion TV rights sub-licensing agreement for International Cricket Council (ICC) tournaments for the 2024-27 period.

Star India has asked company to pay damages for non-compliance.

Jan 30, 2024 18:01
Zee Entertainment Enterprises Ltd on Tuesday issued a clarification to the bourses on a media report that had said Disney Star was considering taking legal action against ZEE for backing out from a $1.4 billion sublicensing agreement for ICC TV rights, made with Disney's India unit in August 2022. 
Jan 25, 2024 11:01
India was on Wednesday named as the second worst country vis-a-vis positive doping cases by minors in a 10-year global study conducted by the World Anti-Doping Agency.  Russia topped the list, followed by India and China, in the study published by WADA on Wednesday on the findings of ‘Operation Refuge’, a broad analysis and examination of doping amongst minors in sport.
Jan 25, 2024 11:01
CHENNAI: The elections of the executive committee of the Volleyball Federation of India, derecognised by the Union Sports Ministry in 2019, are set to be held during its annual general meeting on February 17.  The VFI was being run by an ad hoc committee formed by the Indian Olympic Association last year due to infighting and "unprofessionalism", New Indian Express reports.
Jan 24, 2024 18:01
Zee Entertainment Enterprises Ltd (ZEE) has moved the National Company Law Tribunal (NCLT) against Sony's decision to call off the merger of the two media majors, news agency PTI reported, citing an official filing.
Jan 24, 2024 18:01
Culver Max Entertainment Ltd (aka Sony Pictures Network India) management is committed to long-term growth in India and the company will "actively explore new organic and inorganic possibilities" to strengthen its presence in the country, managing director and CEO NP Singh has stated.
Jan 23, 2024 18:01
Shares of Zee Entertainment Enterprises Ltd. were locked in a revised lower circuit of 30%, falling to their lowest in over three years, on Tuesday as brokerages downgraded the stock after Sony Group Corp.'s Indian unit terminated the merger agreement. Shares of ZEE nosedived 30.50 percent on January, breaking a series of extended lower circuits through the day and hitting its 52-week low of Rs 152.50.
Jan 22, 2024 18:01
Zee Entertainment Enterprises Ltd's four-year sublicensing agreement with Disney Star for TV broadcasting rights ICC events looks to be headed for closure after Sony Corporation terminated the $10-billion merger deal with ZEE.
Jan 22, 2024 17:01
Sony Corporation on Monday said it is calling off a $10-billion merger of its India unit with Zee Entertainment Enterprises Ltd, following a stalemate over who will lead the merged entity.
Jan 22, 2024 17:01
India's leading fantasy sports platform Dream11’s parent Dream Sports posted a 32% increase in net profit and a 66.2% surge in operating revenue for fiscal 2023, regulatory filings accessed by Tofler show.
Jan 19, 2024 19:01
Sony Group Corp has reportedly convened a board meeting scheduled for Friday to make a crucial decision regarding its STILL flailing in the waters plan for a $10-billion merger with Zee Entertainment Enterprises in India.