Zee Entertainment Enterprises Limited (ZEE), along with Culver Max Entertainment Private Limited (CMEPL), which operates as Sony Pictures Networks India (SPNI), and its affiliate Bangla Entertainment Private Limited (BEPL), have reached a comprehensive non-cash agreement to amicably resolve all disputes concerning the merger cooperation agreement and the composite scheme of the arrangement, Zee said in a press release.

Police in Maharashtra's Sindhudurg district have registered a case against the contractor and the structural consultant in connection with the collapse of Chhatrapati Shivaji Maharaj's statue, officials said on Tuesday. The 35-foot statue of the 17th century Maratha warrior king, unveiled by Prime Minister Narendra Modi at Rajkot fort in Malvan tehsil of Sindhudurg on Navy Day (December 4) last year, collapsed around 1 pm on Monday.

The incident caused embarrassment to the Eknath Shinde-led state government and invited criticism from the opposition parties.

Meta Chief Executive Officer Mark Zuckerberg, in a letter to the House Judiciary Committee has alleged that the Biden-Harris administration "repeatedly pressurised" Meta's teams to censor posts related to Covid. He further said that the platform had to make some changes, that "with the benefit of hindsight and new information," they won't make today. Zuckerberg also said he 'regrets' not being "more outspoken" about it.

It's raining share buyback on the bourses as 11 companies have collectively repurchased shares worth Rs 5,388 crore thus far in August 2024. The amount of shares (in rupee terms) bought back is the highest in 14 months, as per data from Prime Database.

In June 2023, two companies, including Wipro (Rs 12,000 crore), had repurchased shares amounting to Rs 12,005 crore.

Zen Technologies share price today hit a record new high of Rs 1,876.05, up 5 per cent on the BSE in Monday's (August 26) intraday trade. The rise in the share price came after the company successfully raised Rs 1,000 crore through its first-ever qualified institutional placement (QIP).

The stock price of the defence simulation training equipment and counter drone solutions provider surpassed its previous high of Rs 1,865, touched on August 22, 2024. In the past one month, the market price of Zen Technologies has appreciated by 32 per cent. It has zoomed 110 from its June month low of Rs 893.80 on the BSE.

CBI sleuths on Monday started grilling former principal of RG Kar Medical College and Hospital (RGKMCH) Sandip Ghosh and ex-medical superintendent and vice principal Sanjay Vashisth in connection with their ongoing probe into alleged financial irregularities in the institute, an officer of the agency said.

Ghosh, whose Beliaghata residence was searched by CBI officers on Sunday, appeared at the central agency's office in Salt Lake on Monday morning with files and documents, he added.

Jio Financial Services Ltd announced that it has received authorisation from the Department of Economic Affairs within the Ministry of Finance to raise its foreign investment cap to 49 per cent of its total equity on a fully diluted basis. This adjustment is set to enhance participation from Foreign Portfolio Investors (FPIs) and other global investors.

Currently, foreign investors own 17.55 per cent of the company’s shares out of the nearly 53 per cent public float. The non-banking arm of Reliance Industries Ltd, Jio Financial Services, was demerged from its parent company in July 2023.

Unidentified gunmen killed at least 23 people after forcing them out of their vehicles in Musakhail, a district in Balochistan (southwest Pakistan), on Monday (August 26), as reported by Pakistani newspaper Dawn.

The majority of those killed were identified as residents of Punjab, in Pakistan.

Former US President Donald Trump has criticised the Biden administration's efforts concerning the situation in the Middle East and stressed that they should not have a third world war. Questioning the Biden administration on who is negotiating for the US in the Middle East, he said US President Joe Biden is sleeping on a beach in California while Vice President Kamala Harris is holding a campaign bus tour with her running mate and Minnesota Governor, Tim Walz.

Congress MP Vasant Chavan passed away on Monday at a private hospital in Hyderabad after prolonged illness, party sources said.

Chavan (69) breathed his last at the hospital around 4 am, the sources said. He was undergoing treatment for renal issues there since last week.

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