Investments

MUMBAI: Zee Entertainment Enterprises Ltd (ZEE) MD and CEO Punit Goenka Thursday questioned its largest investor’s silence over the merger deal it had pitched in February with Reliance Industries Ltd-owned media entities, and its own lack of corporate governance while seeking to change the board of the company.

Oct 13, 2021 19:10
MUMBAI: After being outed as it by were by Zee Entertainment Enterprises Ltd's aggressive takedown of Invesco Developing Markets Fund's (ZEE's single largest investor) actions in the ongoing battle for control of the Indian media major, Reliance Industries has issued a statement clarifying its position.
Oct 13, 2021 15:10
MUMBAI: In an escalation of the ongoing battle for the control of Zee Entertainment Enterprises Ltd, ZEE informed the stock exchanges on Tuesday that Invesco Developing Markets Fund pushed for the merger of the media network with certain entities owned by a "large Indian group" (strategic group) as early as February this year.
Oct 11, 2021 15:10
To the digital collectible platforms making waves across the sporting firmament globally, add Rario, launched as the world’s first and foremost NFT (non-fungible token) business for cricket.  Simply put, Rario is a platform for cricket fans to collect and trade officially licensed cricket moments on the blockchain, represented as an NFT (non-fungible token).
Oct 08, 2021 12:10
MUMBAI: Online gaming company Nazara Technologies has raised Rs 3.15 billion through a preferential allotment of equity shares to two institutional investors. The Rakesh Jhunjhunwala-backed gaming firm issued 1.42 million shares to Gamnat Pte and Plutus Wealth Management at Rs 2,206 per share, a discount of 16% to the company's price on Wednesday.
Oct 08, 2021 12:10
LONDON: Newcastle United FC have been officially converted into the richest club in the world after the Saudi Public Investment Fund (PIF) ended British businessman Mike Ashley's 14-year ownership by purchasing the Premier League club.
Oct 04, 2021 12:10
MUMBAI: Millions of leaked documents dubbed the Pandora Papers and a worldwide journalistic partnership on Sunday claims to have uncovered financial secrets of current and former world leaders, politicians and public officials in 91 countries and territories, including India.
Oct 04, 2021 07:10
MUMBAI: A day after refusing to convene an extraordinary general meeting (EGM) as demanded by shareholder Invesco Developing Market Funds, Zee Entertainment Enterprises Ltd (ZEEL) on Saturday moved the Bombay High Court seeking the demand to be deemed as "illegal and invalid".
Sep 29, 2021 05:09
BEVERLY HILLS, Calif.: Endeavor Group Holdings, Inc., a global sports and entertainment company, has entered into an agreement to acquire OpenBet, a leading content, platform and service provider to the sports betting industry, from Scientific Games Corporation for $1.2 billion paid through a combination of cash ($1 billion) and Endeavor’s Class A common stock ($200 million).
Sep 29, 2021 04:09
MUMBAI: The Board of Control for Cricket in India has confirmed the timeline for the Indian Premier League media rights tender for the 2023-2027 cycle.
Sep 29, 2021 04:09
LOS ANGELES: Leading entertainment and sports agency Creative Artists Agency (CAA) announced Monday the execution of a definitive agreement to acquire ICM Partners (ICM), one of the world’s premier entertainment and sports agencies, to drive broader and more inclusive representation as their clients, their work, and their brands shape culture.