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.

RIL stated Wednesday that it has been unnecessarily drawn into the boardroom battle and further said that the proposed merger deal between its media properties and ZEE could not proceed further due to differences between the company's promoters and Invesco.

Oct 13, 2021 15:10
MUMBAI: Manu Sawhney, former International Cricket Council chief executive and serving board member of Premier League giants Manchester United, has been accused of being a ‘narcissistic bully’ in revelations that have come out in a UK daily in the aftermath of his being sacked by the ICC.
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 18:10
DUBAI: The International Cricket Council Sunday announced a global partnership with Sportradar, making the sports betting data and broadcast solutions provider the Official Data Distribution and Official Betting Live Streaming Partner of the ICC. 
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 30, 2021 18:09
NEW DELHI: How is this for a new twist in the tale to the proposed merger of Sony Pictures Networks India and Zee Entertainment Enterprises Ltd? The National Company Law Tribunal (NCLT) on Thursday directed ZEEL to hold a board meeting to consider Invesco's demand to convene an Extraordinary General Meeting (EGM).
Sep 28, 2021 18:09
NYON, Switzerland: A day after UEFA was forced to drop its disciplinary proceedings against three clubs still linked to the still-born Super League "project", Europe's governing body for football on Tuesday initiated legal proceedings to remove the judge in a Spanish court case blocking its attempts to punish Barcelona, Real Madrid and Juventus.
Sep 27, 2021 19:09
NEW DELHI: The All India Football Federation Monday disqualified Hyderya Sports Kashmir FC, one of the 10 teams slated to play in the Hero I-League qualifiers, after the club was deemed guilty of having produced a fake bank guarantee, one of the criteria for competing in the I-league. The I-League qualifiers are scheduled to be held in Bengaluru from October 4.  
Sep 21, 2021 08:09
NEW DELHI: The Delhi High Court Monday issued notice to the Centre on a petition filed by Manika Batra against the Table Tennis Federation of India (TTFI).