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Investment firm Invesco to cut holding in Zee to 11%

US investment firm Invesco is set to cut its holding in Zee Entertainment by more than a third to 11 percent, it said on Wednesday, days after abandoning an attempt to shake up the management at the Indian media company.

Invesco, which currently owns 18 percent of Zee

‘Squid Game’ maker Hwang Dong-hyuk teases new project

Filmmaker Hwang Dong-hyuk teased that the forthcoming film will be "more violent” than ‘Squid Game’.

Director Hwang Dong-hyuk, who shot to global fame with the hit Korean language series ‘Squid Game’, says he is working on a feature film project ‘Killing Old

TRAI bats for time-bound implementation of recommendations

The Telecom Regulatory Authority of India (TRAI), the telecoms and broadcast regulator, has pushed for time-bound implementation of its recommendations on various industry issues, highlighting that fast evolving technology defeats the very purpose of the suggestions made if they gather dust in the Ministry of Informa...

Twitter working on new edit button

Microblogging giant Twitter is working to add a new feature to its platform, the ability to edit a tweet, the company has said.
The platform will test the feature with Twitter Blue subscribers in the coming months to learn what works, what doesn’t, and what’s possible. “We’ve been exploring how to build an Ed...

Raj Khosla’s biography to release in 2022

The first authorized biography of director Raj Khosla, known for making classics like ‘CID’, ‘Dostana’, ‘Do Raaste’ and yesteryear star Sadhana's blockbuster, ‘Mere Saaya’, will hit the stands this year, publishing house Hachette has announced.
The yet-to-be-titled biography, written by author ...

WhatsApp rolls out new chat feature

Popular instant messaging platform WhatsApp is rolling out a new feature providing multiple options to interact with an unsaved number in a chat.

The latest WhatsApp beta update for Android (v2.22.8.11) shows a new pop-up menu when a user taps an unsaved number in a chat.

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EXCLUSIVE PHOTOS

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!