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‘Error, look into facts’: SC sets aside Delhi HC’s takedown order to Bloomberg on Zee report

Days after the Delhi High Court directed media outlet Bloomberg to take down its “defamatory article” on alleged irregularities at Zee Entertainment, the Supreme Court has stayed the order, saying the court made an “perpetuated an error” and needed to “look into facts”, Livelaw reported.

Newslaundry

HC upholds order directing Bloomberg to take down Zee ‘irregularities’ report

The Delhi High Court has upheld the trial court order directing Bloomberg to take down a report alleging that the Securities and Exchange Board of India had found irregularities to the tune of 241 million US dollars at Zee Entertainment, Bar and Bench reported.

Newslaundry

Delhi court asks Bloomberg to remove ‘defamatory’ article on ‘accounting issues’ at Zee

A Delhi court has asked news outlet Bloomberg to remove an article about alleged accounting issues at Zee Entertainment Enterprises within a week in a defamation case filed by the latter, Livelaw reported.

Newslaundry

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Sebi uncovers $241 million accounting issue at Zee

As part of its investigation into the Zee founders, the Securities and Exchange Board of India, or Sebi, found that about 20 billion rupees ($241 million) may have been diverted from the company, said people familiar with the matter who did not want to be identified as the information is…

The Times of India

Advance info, stock suggestions, profit: How experts on Zee Business ‘fraudulently induced viewers’

Five guest experts on Zee Business are part of a list of 15 entities fined Rs 7.41 crore by the Securities and Exchange Board of India for “misleading” investors to “take positions in securities” and letting others “make profit”.

Newslaundry

NCLT seeks Sony response to Zee plea seeking merger

Correction at 11.45 am on June 18: This report earlier carried a logo which belonged to Zee Media Corporation Limited (ZMCL) instead of Zee Entertainment Enterprises. ZMCL is not involved in the transaction between Zee Entertainment Enterprises Limited and Sony Pictures Networks India. The error is regretted.

Newslaundry

‘Disappointed’: Sony after Singapore centre allows Zee to move India tribunal

The Sony group, or Culver Max Entertainment Pvt Ltd, has reportedly expressed disappointment after the Singapore International Arbitration Centre denied its petition to restrain Zee Entertainment Enterprises Ltd from approaching NCLT to enforce the merger that was called off.

Newslaundry

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Sony-Zee Clash Over Russia Assets and Cricket Deal: India Relations Collapse

Read about the exclusive clash between Sony and Zee over Russia assets and a cricket deal, leading up to the collapse of their India deal, as revealed in l...

Top News

Days before Sony called off Zee merger, Chandra wrote to Sitharaman questioning SEBI intent

Nearly a week before Sony Pictures Entertainment announced that it had called off its merger with Zee Entertainment Enterprises Ltd, ZEEL promoter Subhash Chandra reportedly wrote to Finance Minister Nirmala Sitharaman while accusing SEBI of operating with a motive to sabotage the deal.

Newslaundry

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The Times of India

Zee slumps 10% after Sony scraps $10 billion India merger

Zee Entertainment Enterprises Ltd tumbled as much as 10% after the cancellation of a planned $10 billion merger with Sony Group Corp in India sparked a flurry of downgrades, with most analysts predicting a sharp contraction in its valuations.

International Business Times

Sony 'Terminates' Indian Merger With Zee

Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.

Newslaundry

‘Closing conditions not satisfied’: Sony calls off Zee merger

Sony Pictures Entertainment has reportedly called off the $10 billion merger with Zee Entertainment Enterprises Ltd.

Newslaundry

Exclusive: AAP govt procured drugs from 2 blacklisted pharma firms with many failed quality tests

Six drugs from six pharma firms have fuelled a tussle between the Centre and the Delhi government, with both sides trying to blame each other for substandard medicines making their way to the capital’s government hospitals.

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Louder

“I’m not going to say it’s a masterpiece, but it is a beautiful and a totally worthwhile entry in the Pink Floyd canon”: The highs and lows of Richard Wright’s limited solo work

One of the quietest ‘quiet ones’ in music released just two solo albums and one collaboration, preferring to go sailing instead – and it’s unlikely there’s more to be found

The Hindu

Madras High Court dismisses Zee Media Corporation’s appeal against order in favour of cricketer Mahendra Singh Dhoni

Madras HC dismisses Zee Media appeal against cricketer Dhoni's defamation suit. Judges order media house to answer 17 questions within 10 days. Dhoni had filed suit in 2014 seeking ₹100 crore in damages for dragging his name into IPL betting scam. Zee Media failed to make out any ground for…

Newslaundry

‘Repetitive probe’ in Yes Bank case may impact merger with Sony: Zee to SEBI

Zee has reportedly written to the Securities and Exchange Board of India that “continuous and repetitive” investigations – in a case pertaining to an alleged Yes Bank fund diversion – may impact its merger with Sony.

Newslaundry

IPL betting scam: Zee Media moves Madras HC against answering ‘17 questions’ raised by Dhoni

Zee Media yesterday filed an appeal in the Madras High Court asking it to set aside an order directing it to answer interrogatories raised by cricketer MS Dhoni in connection with a defamation suit he filed against Zee nine years ago.

The Times of India

Zee Studios takes on the multiplex chains in Punjab

Zee Studios have decided to take on what they describe as the ad hoc and lopsided change in the OTT release window by major multiplex players in Punjab markets.

Newslaundry

2022 could’ve been the year BARC regained news broadcasters' trust. It wasn’t.

The Indian news broadcasting industry is primarily split into two fraternities at loggerheads with each other. But over the last few months, both of them have approached the country’s premier television ratings agency, asking it to fix its faulty TRP measuring system. Titans of Indian journalism, meanwhile, have continued to…

Newslaundry

Why Zee Media won’t let Palki Sharma Upadhyay join Network18

The Delhi High Court on Tuesday refused to restrain former WION editor Palki Sharma Upadhyay from joining Network18. The anchor was taken to court by her previous employer, Zee Media Corporation Limited.

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