Maharashtra cabinet expansion: The delay in the Maharashtra government formation was due to a dispute over sharing the portfolios in the Maha Vikas Aghadi (NCP-Shiv Sena-Congress alliance)

Viewership of regional TV channels is growing faster than Hindi GEC, says Zee's Punit Misra

In August this year, Gayatri Yadav, Star India's President of Consumer Strategy and Innovation announced her exit. Amit Chopra, President and Head, Ad Sales also quit to join Samara Capital in May this year

\"Nothing changes in Zee Entertainment (after stake sale to Invesco Oppenheimer); it has been business as usual, apart from the fact that the promoters won't own as much of the stake as they did in the past,\" says Punit Goenka

Traditional broadcast business is increasingly becoming unviable. The trend is apparent going by the fact that the cable universe has seen a wipeout of over 15 per cent in the last few years.

Despite being the acquired entity, Star India, by virtue of being a Rs 10,000 crore media mammoth, seemed to have a clear upper hand as opposed to Disney India, which is barely a Rs 100 crore business

Industry insiders now say that Zee, in all probability, will sell its stake to a consortium led by Comcast, Blackstone and James Murdoch's family office, Lupa Systems. James is the son of media baron Rupert Murdoch

Christine McCarthy, CFO, Walt Disney, said the company would be investing heavily on other platforms such as ESPN Plus and Hulu as well

Standard Chartered lays off over 200 employees in India; Gadkari creates a storm by claiming defaulter 'Mallya-ji' is not a 'chor'; Modi ministers say RBI policies were 'unreasonable' under ex-Governor Urjit Patel. Watch more in this episode of Business Wrap.

Standard Chartered lays off over 200 employees in IndiaStandard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters. The layoffs would not result in any branch closures in the country, according to the source. The bank is working with the affected employees on existing opportunities and fair severance packagesGadkari creates a storm by claiming defaulter 'Mallya-ji' is...

The appointment is part of Disney's integration planning for its acquisition of 21st Century Fox and strategic alignment of its consolidated international business units

The new management board, headed by Kotak Mahindra Chairman Uday Kotak, has said they will need at least six to nine months to implement the complete resolution plan.