Zee Entertainment signs merger deal with Sony Pictures, Pm Modi visit, and more
Zee Entertainment has signed a merger agreement with Sony Pictures Networks India Private Limited, the company said on Wednesday in an exchange document. Markets are keeping a close eye on the upcoming Federal Open Market Committee (FOMC) meeting. An internal government assessment has shown consumers of LPG cylinders are willing to pay Rs 1,000 per cylinder, senior sources in North Block told CNBC-TV18. Prime Minister Narendra Modi will participate in a wide range of engagements ranging from the Quad Summit 2021 to attending the United Nations General Assembly session, as well as a meeting with US President Joe Biden and his deputy Kamala Harris during his visit to the United States. For all those stories and everything, here’s some news of the day
ECONOMY / BUSINESS
Zee Entertainment signs merger agreement with Sony Pictures Networks India
Zee Entertainment has signed a merger agreement with Sony Pictures Networks India Private Limited, the company said on Wednesday in an exchange document.
Puneet Goenka will continue to provide services to the merged company as managing director and CEO for a period of 5 years, the company said.
AfDB cuts India’s economic growth forecast for this fiscal year to 10%
The Asian Development Bank on Wednesday revised downward India’s economic growth forecast for the current fiscal year to 10%, from 11% forecast earlier, citing the negative impact of the second wave of the pandemic.
What Experts Say About Evergrande, Its Impact on Chinese and Global Economies
Gig workers move SC alleging violation of social security rights by Ola, Uber, Zomato, Swiggy
The union of “concert workers” took the Supreme Court to the Supreme Court for violation of “fundamental rights to social security” by Ola, Uber, Zomato and Swiggy.
Here’s a look at Zee Entertainment’s ratings after its deal with Sony
FOMC meeting tonight: Here’s what the market expects to hear from Fed Chairman Jerome Powell
Editor’s Opinion: Global Volatility Could Impact India’s FII Flows, Markets Cannot Stay Safe
Latha Venkatesh of CNBC-TV18 did a gauge survey with economists who work for foreign brokerage houses and therefore have some idea of flows abroad.
Here is what they say:
With Nifty reaching new heights, here’s how to choose new mutual funds
The Indian stock market has recorded historic highs on a weekly basis over the past several months. With this, the difficulty of identifying and investing in the right opportunities has also increased.
UK Approves Covishield As COVID-19 Vaccine; quarantine rules still in place
Two other Indian beaches receive the coveted “Blue Flag” label
PM Modi’s visit to the United States: everything is on the program
Taliban write to UN chief spokesperson Shaheen as Afghan envoy asking to attend UNGA
The Taliban wrote to Secretary-General Antonio Guterres appointing their spokesperson Suhail Shaheen as Afghanistan’s new ambassador to the UN and asked to participate and speak at the 76th high-level session of the General Assembly currently in progress. Continue reading
Lithuania says to throw out Chinese phones over censorship concerns
Asia’s food spending set to double to over $ 8 trillion by next decade: report
You and me
The government’s assessment shows that consumers of LPG are willing to pay Rs 1,000 per bottle; no clarity on the grant
Home loan balance transfer: key points to consider before switching to a new lender
It’s raining deals on home loans as big banks announce cheaper interest rates ahead of the holiday season to entice home buyers or those considering moving their mortgages to another bank. The obvious question that most borrowers face in such a situation is: should I switch to a lower interest rate home loan or just a balance transfer home loan?
(Edited by : Aditi Gautam, Anshul)
First publication: STI