Highlights of the day: Discovery ends Paramount merger talks, says reports
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Warner Bros studio | Photo: Wikimedia Commons
Warner Bros Discovery Inc. ended its pursuit of a merger with rival Hollywood studio Paramount Global, CNBC reported, citing people familiar with the matter. Another potential suitor, Skydance Media, is doing due diligence on a potential combination with Paramount, the film and TV company that owns CBS, Nickelodeon and other channels, CNBC said. Paramount is controlled by its chair, Shari Redstone, and her family. The company has also received a $14 billion buyout bid from TV mogul Byron Allen. A spokesperson for Warner Bros. declined to comment. Shares of Paramount were up 1.6 per cent to $11.27 at 11:53 a.m. in New York.
Zee Entertainment Enterprises board on Tuesday renamed independent advisory panel as independent investigation committee, the company said in an exchange filing.
Farmer leader Sarwan Singh Pandher on Tuesday said several meetings were held with the Samyukta Kisan Morcha over the issue of 'Delhi Chalo' call but it was not in favour of the march to the national capital. Pandher said this while responding to the SKM's claims in the media that it was neither invited nor consulted before deciding about the 'Delhi Chalo' call. The Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha (KMM) are spearheading the 'Delhi Chalo' march to press the government to accept their demands, including a legal guarantee for a minimum support price (MSP) for crops and farm loan waiver. The SKM, an umbrella body of several farmer unions, is not part of the 'Delhi Chalo' call but it has extending its support to the ongoing stir. The SKM had spearheaded the 2020-21 farmers' agitation against the now-repealed farm laws.
Vodafone Idea board approves equity fund raise of up to Rs 20,000 cr; promoters to participate in equity raise, according to Company release. The statment also said, Vodafone Idea plans to raise around Rs 45,000 cr through mix of equity and debt.
The Aam Aadmi Party (AAP) has fielded Somnath Bharti from New Delhi LS seat, Kuldeep Kumar from East Delhi, Sahiram from South Delhi, and Mahabal Mishra from West Delhi.
The Enforcement Directorate on Tuesday has issued 8th summon to Delhi CM and AAP national convenor Arvind Kejriwal asking him to appear on March 4.
Prime Minister Narendra Modi today revealed the names of the four astronauts who are undergoing training for India's maiden human space flight mission, Gaganyaan. The four astronauts are -- Prashanth Balakrishnan Nair, Angad Prathap, Ajit Krishnan, and Shubhanshu Shukla -- Modi said at the Vikram Sarabhai Space Centre (VSSC) at Thumba near the Kerala state capital.
Prime Minister Narendra Modi today inaugurated 3 major space infrastructure projects of ISRO during his visit to the Vikram Sarabhai Space Centre (VSSC) at Thumba.
In another setback for the Congress ahead of the General Elections, former minister and state working president of Congress, Basavaraj Patil Murumkar, has resigned from the party. Some media reports indicated that Patil could join the Bharatiya Janata Party (BJP) today.
External Affairs Minister S Jaishankar on Monday stated that India expects action against the culprits involved in last year's attacks on its high commission in London and consulate in San Francisco as well as those involved in threatening the Indian diplomats in Canada. Jaishankar explained that India had to suspend issuance of visas in Canada as its diplomats were repeatedly "threatened and intimidated in many ways" and we "got very little comfort from the Canadian system that time." India temporarily suspended issuance of visas to the Canadian citizens in September last year. This came days after Canadian Prime Minister Justin Trudeau's allegations of a "potential" involvement of Indian agents in the killing of Khalistani separatist Hardeep Singh Nijjar. The visa services were resumed after a brief period of time.
US President Joe Biden stated he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza by next Monday as the two sides appeared to close in on a deal during talks in Qatar. Senior Hamas official Sami Abu Zuhri told news agency Reuters on Monday that any ceasefire agreement would require "securing an end to the aggression, the withdrawal of the occupation, the returning of the displaced, the entry of aid, shelter equipment, and rebuilding". The negotiations between the two sides also aim to broker the release of hostages.
A collision between a jeep and a pick-up truck in Uttar Pradesh's Ballia district left at least six dead and several others injured. The accident took place near the district's Sughar Chhapra area. Four in critical condition were referred to Varanasi, while the rest of the injured were taken to the district hospital.
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Warner Bros. Discovery Ends Paramount Merger Talks, CNBC Says
Warner Bros. Discovery Inc. ended its pursuit of a merger with rival Hollywood studio Paramount Global, CNBC reported, citing people familiar with the matter. Another potential suitor, Skydance Media, is doing due diligence on a potential combination with Paramount, the film and TV company that owns CBS, Nickelodeon and other channels, CNBC said. Paramount is controlled by its chair, Shari Redstone, and her family. The company has also received a $14 billion buyout bid from TV mogul Byron Allen. A spokesperson for Warner Bros. declined to comment. Shares of Paramount were up 1.6 per cent to $11.27 at 11:53 a.m. in New York.
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Joe Biden says solution needed to fund government, avoid shutdown
On Tuesday, President Joe Biden emphasized the necessity of finding a solution to fund the government, support Ukraine, and prevent a detrimental government shutdown.
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Nita Ambani likely to be chair of merged Reliance-Disney media business
Nita Ambani, spouse of tycoon Mukesh Ambani, is poised to become the chair of the board following the merger of Reliance Industries and Walt Disney's India media assets, according to two sources familiar with the matter.
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Burger Singh website hacked by Pakistani group
In an unexpected turn of events, popular fast-food chain Burger Singh fell victim to a cyberattack orchestrated by a Pakistani hacking group known as Team Insane PK, the company revealed on Tuesday. As per company’s post on X, the group not only infiltrated but also revamped the burger franchise's website on the 27th of February, 2024, leaving behind a digital graffiti wall that echoed their mischievous exploits.
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Zee board renames independent advisory panel as independent investigation committee
Zee Entertainment Enterprises board on Tuesday renamed independent advisory panel as independent investigation committee, the company said in an exchange filing.
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Imran Khan's party calls nationwide protest, March 2
Imran Khan's party, currently led from jail, declared a nationwide protest on Saturday, alleging rigging in the February 8 elections that has hindered their return to power. Speaking after meeting Imran Khan in Rawalpindi's high-security Adiala jail, PTI's Secretary General, Omar Ayub, emphasized substantial rigging. PTI, along with other political parties, plans countrywide protests against the election irregularities, as stated by Omar Ayub to Geo News.
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SKM was not in favour of 'Delhi Chalo' call, says farmer leader Pandher
Farmer leader Sarwan Singh Pandher on Tuesday said several meetings were held with the Samyukta Kisan Morcha over the issue of 'Delhi Chalo' call but it was not in favour of the march to the national capital. Pandher said this while responding to the SKM's claims in the media that it was neither invited nor consulted before deciding about the 'Delhi Chalo' call. The Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha (KMM) are spearheading the 'Delhi Chalo' march to press the government to accept their demands, including a legal guarantee for a minimum support price (MSP) for crops and farm loan waiver. The SKM, an umbrella body of several farmer unions, is not part of the 'Delhi Chalo' call but it has extending its support to the ongoing stir. The SKM had spearheaded the 2020-21 farmers' agitation against the now-repealed farm laws.
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New Lokpal chairperson
Former Supreme Court judge Justice (retired) A M Khanwilkar appointed Lokpal chairperson: Rashtrapati Bhavan
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MHA plans 5-year extension on Jamaat-e-Islami ban
Ministry of Home Affairs (MHA) likely to extend ban on Jamaat-e-Islami for the next 5 years: Sources
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Farmers' Protest: Internet halt in Ambala, Haryana on Feb 28-29
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Exide Industries invested Rs 250 million in Exide Energy Solutions
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Andhra Pradesh Speaker disqualifies 8 MLAs from assembly
Andhra Pradesh Assembly Speaker Tammineni Sitaram has disqualified eight sitting MLAs -- four each from the ruling YSR Congress and the opposition Telugu Desam party -- from their posts based on complaints from the respective parties, ahead of the elections.
The disqualified members are Maddalo Giridhar Rao, Karanam Balaram, Vallabhaneni Vamsi and Vasupalli Ganesh from TDP and Anam Ramanarayana Reddy, Mekapati Chandrasekhar Reddy, K Sridhar Reddy and Undavalli Sridevi, a circular from the Speaker's office said on Tuesday.
The following members of Andhra Pradesh Legislative Assembly were disqualified on 26.02. 2024 by the Hon'ble Speaker, Andhra Pradesh, Legislative Assembly under X Schedule of the Constitution of India and as per the Members of Andhra Pradesh Assembly (Disqualification on grounds of defection rules), 1986, it said.
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RBI streamlines process of filing supervisory returns by banks, NBFCs
The RBI has issued directions for filing of supervisory returns for various supervised entities in order to bring clarity, brevity and harmonization. The move will help reduce the burden of compliance on the regulated entities based on the recommendations of the Regulations Review Authority (RRA 2.0) and an Internal Working Group of RBI.
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MHA may notify CAA rules pre-election code
Ministry of Home Affairs (MHA) could notify the CAA rules any time before the model code of conduct is implemented. The CAA rules would ensure the processing of Indian citizenship applications from persecuted minorities in Afghanistan, Pakistan and Bangladesh: Sources
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Voda Idea board approves equity fund raise of up to Rs 20,000 cr
Vodafone Idea board approves equity fund raise of up to Rs 20,000 cr; promoters to participate in equity raise, according to Company release. The statment also said, Vodafone Idea plans to raise around Rs 45,000 cr through mix of equity and debt.
Topics : Narendra Modi Rahul Gandhi Rajya Sabha elections Rajya Sabha Elections BJP Congress Sonia Gandhi Farmers March
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First Published: Feb 27 2024 | 9:01 AM IST
