Several entities representing members of the film, television and streaming-video industries criticised the policy in comments to the telecom regulator, saying it was beyond Trai s remit and would harm free speech
The homegrown media and entertainment company has already stated it will contest Culver Max and BEPL’s claims to pay a $90- million termination fee in the arbitration proceedings
The enforcement directorate (ED) on Thursday conducted search operations at three premises in Mumbai belonging to six companies from the Essel group and its former senior officials. The search operations were carried out in the matter of siphoning off or diverting Rs150 crore from Religare Finvest Ltd (RFL), a non-banking finance company (NBFC), from the Religare group.
Subhash Chandra, founder chairman of the Essel group, wrote a letter to Union finance minister (FM) Nirmala Sitharaman, a week before Sony Group Corp called off the US$10bn (billion) merger between Culver Max Entertainment Pvt Ltd and Zee Entertainment Enterprises Ltd (ZEEL), says a report.