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NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team
May 17, 2024 11:05

The merger scheme between Reliance Industries Limited’s (RIL) Viacom18, its wholly owned subsidiary Digital18 and The Walt Disney Company’s Star India has been admitted by the Mumbai bench of the National Company Law Tribunal (NCLT). In an order passed on May 7, Viacom18, as part of internal restructuring, has proposed to transfer the various businesses conducted by it into its wholly-owned subsidiary, namely Digital18. Viacom18 proposed to be the holding company for the various businesses.

Dec 11, 2017 15:12
nitin kukreja
Nitin Kukreja joins IQuest Enterprises as CEO
MUMBAI: Nitin Kukreja, former CEO of Star Sports, is ending his sabbatical to take over as chief executive of IQuest Enterprises Private Limited, the investment company that handles all the businesses of serial entrepreneur Nimmagadda Prasad.
Dec 09, 2017 13:12
EPL to offer 200 live games in next domestic TV rights tender: Report
LONDON: The Premier League will reportedly make 200 games available in its next TV rights auction - 42 more than in the current rights cycle - as the world's most popular football league targets an massive increase on the already huge $6.7 billion deal it secured last time round. 
Dec 09, 2017 13:12
ICC appoints data partner for World Cup 2019
DUBAI: The ICC has appointed sports marketing agency Two Circles as the official data and insight partner for World Cup 2019 in England and Wales.
Dec 06, 2017 11:12
21st Century Fox logo
Disney, 21st Century Fox close to $60bn buyout deal: Reports
MUMBAI: Who would have seen this coming?  A report that CNBC broke last month about Walt Disney acquiring a large chunk of the assets owned by 21st Century Fox, including Star India, is firming up to a possible announcement as early as next week, the US business news network reported early Tuesday, citing sources. 
Dec 02, 2017 17:12
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BCCI legal woes: arbitrator named in Pune Warriors termination case
MUMBAI: It was in the last week of October that the BCCI for the first time put a figure on the minimum amount it would have to pay in damages for the termination of IPL franchise Kochi Tuskers Kerala in 2011. Having exhausted all legal avenues, the richest board in the world reckoned it stood at something over Rs 8.5 billion.  
Dec 02, 2017 13:12
Formula E
Sony seals India sub-con t'cast rights for Formula E season 4
MUMBAI: Indian broadcaster Sony Pictures Networks India (SPN) has announced that it will telecast all the races, along with a dedicated highlights program, from each round of the FIA Formula E Championship in season four on its sports channels.
Nov 30, 2017 14:11
IPL oks mid-season player transfers: Shukla
NEW DELHI: Indian Premier League chairman Rajeev Shukla Media has confirmed media speculation doing the rounds recently that a mid-season transfer window would be introduced for the IPL from the 2018 edition.  While the mid-season transfer window is common when it comes to football, this would be a first for the IPL.
Nov 29, 2017 09:11
ESPN releases mini series on UAE athletes
MUMBAI: ESPN has released 'Flying the Flag', a four-part documentary mini-series following the inspirational stories of four athletes in the UAE as they prepare to compete on the world stage.
Nov 24, 2017 11:11
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LaLiga schedules El Clasico with India focus
MUMBAI: For the first time ever, El Clasico, LaLiga’s most anticipated match between arch rivals Real Madrid and Barcelona on 23rd December, has been scheduled at 5:30 PM, with a clear eye on Indian viewers.  The live coverage of the game will begin at 4:30 PM on SONY TEN 1 and SONY TEN 2 channels. 
Nov 23, 2017 18:11
star sports
ISL opener gets Star Sports 25 mn total impressions
MUMBAI: The opening match of the Indian Super League season four between Kerala Blasters FC and ATK fetched Star Sports 25 million total TV impressions. The number indicates 59 per cent growth over last season’s opening game, says the broadcaster. 
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