Tag: Media

Byju’s troubles: Employees’ January salaries finally credited amid CEO’s pledge and ongoing struggles

The edtech is dealing with the twin crises of a cash crunch and some of its investors seeking to oust the leadership to reconstitute the board. (Image source: Moneycontrol)(Image source: Moneycontrol)(Image source: Moneycontrol)

The ed-tech has finally credited January salaries, following CEO Byju Raveendran’s pledge and ongoing challenges.

IBDF takes a stand against proposed Broadcasting Bill, urges exclusion of OTT

The Ministry, in accordance with Regulation 15(1) of the Interconnection Regulation, 2017, mandated that every distributor of channels must conduct an annual audit of their system. (Representative Image: Piotr Cichosz via Unsplash)

According to the industry body, the legislation, if implemented, would grant unprecedented authority to the central government.

CAIT issues advisory to traders to switch from Paytm to other payment apps in light of RBI restrictions

Bhartia and Khandelwal underscore the importance of risk mitigation for traders, urging them to explore alternative payment applications that are compliant with regulatory guidelines. (Image sourced from CNBC)

CAIT National President B.C.Bhartia and Secretary General Praveen Khandelwal said that the recent restrictions imposed by RBI on Paytm have raised concerns about the security and continuity of financial services provided by the platform.

Setback for Sony. Emergency arbitrator denies any relief to Sony in SIAC

The Singapore International Arbitration Center is the first Asian arbitration institution to offer this process and has received over 130 applications since 2010 for the appointment of an Emergency Arbitrator. (Image source: Moneycontrol)

Sony had initiated arbitration proceedings for an alleged breach of terms by Zee Entertainment. In response, Zee initiated legal action to contest Culver Max and BEPL’s claims at the Singapore International Arbitration Centre.

Sanjay Jaju appointed as MIB secretary, Apurva Chandra moved to health ministry

On January 2, 2024, The Competent Authority approved assignment of additional charge of the post of Secretary, Department of Health and Family Welfare to Apurva Chandra, Secretary, Ministry of Information & Broadcasting with immediate effect and till the appointment of a regular incumbent or until further orders, whichever is earlier. (From left to right: Sanjay Jaju and Apurva Chandra)

Apurva Chandra assumed charge as Secretary in the Ministry of Information and Broadcasting in August 2021. A civil engineer by education, Chandra had earlier served as Secretary, Ministry of Labour and Employment.

Bombay High Court upholds music licensing authority; Phonographic Performance Ltd prevails

The verdict not only brings clarity to PPL's legitimate business operations but also sets a significant precedent in the Indian copyright landscape. (Representative Image: Wesley Tingey via Unsplash)

This win allows PPL to continue its licensing operations unhindered, preventing infringement and seeking remedies against unauthorized use of its vast catalog comprising more than 70 lakh songs from renowned labels like Aditya Music, Lahari Music, Sony Music, and T-Series.

Zee-Sony merger: Zee claims ₹700 crore in merger costs

The NCLAT will be hearing a challenge to the Zee-Sony merger on May 17. (Source: Moneycontrol)

Sony had previously slapped a whopping $90 million merger termination fee on Zee after it called off the $10 billion merger on January 22, 2024, after two years of negotiations.