Competition Commission of India has asked companies to explain within 30 days why probe should not be ordered. Antitrust experts had warned the merger could face intense scrutiny.
Star India was to license TV broadcasting rights for ICC events to Zee for 4 years, starting this year. Zee, however, quit $1.4 bn deal after missing its first $200 mn payment.
The media unit of Reliance, controlled by Mukesh Ambani, and its affiliates are expected to own at least 61% of the merged entity, with Disney holding the rest, the report said.
Disney also announced it would launch ad-supported streaming in Europe, Canada and provide US subscribers with a new, ad-free package in coming months.
Disney & Florida Governor have been locked in battle, when its then-CEO, Bob Chapek, criticized the legislation that would limit discussion of gender identity, sexuality in schools.
Murdoch and Shankar previously worked together at Star India, which became the country’s largest media company before Walt Disney’s takeover of a swath of 21st Century Fox’s assets.
This 750-acre property is styled like a frontier campground and includes stand-alone cabins that don’t share ventilation systems to help contain Covid cases.
There’s a pattern in Hyderabad’s F&B scene: new ventures run very well for the first three to six months. The real test for these supper clubs begins now.
The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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