The Delhi High Court on Thursday dismissed international media group Bloomberg’s appeal against a lower court order directing it to take down an allegedly defamatory news article against Zee Entertainment. Justice Shalinder Kaur said there was no ground to interfere with the ex-parte interim order passed by the Additional District Judge (ADJ) on the lawsuit …
Media company Bloomberg on Wednesday moved the Delhi High Court challenging the trial court’s order directing it take down an article on Zee Entertainment claiming that SEBI has found accounting irregularities of nearly US $240 million at the company. The High Court allowed the urgent listing of the matter for March 7, 2024. On March …
Françoise Bettencourt Meyers was already the richest woman in the world, but on Thursday, she hit a new milestone—the first female to accumulate a staggering fortune of over $100 billion ($100.2 billion, to be exact), according to the Bloomberg Billionaires Index. Bettencourt Meyers, the granddaughter of L’Oreal founder Eugène Schueller, is the vice-chair of L’Oréal’s …
Walt Disney Co. and Reliance Industries Ltd., led by Asia’s richest tycoon Mukesh Ambani, are expected to sign a non-binding pact as early as Monday to merge their media operations in India in a cash-and-stock deal, according to people familiar with the matter. Ambani’s retail-to-refining conglomerate will infuse money to hold at least 51% of …