Chennai based Midvalley Entertainment, has filed a draft red herring prospectus (DRHP) with SEBI, to enter into the capital market with a public issue of 1.71 crore equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process.
The issue also comprises a reservation of 3 lakh equity shares for permanent employees, thus bringing the net issue to 1.68 crore equity shares of Rs 10 each. The net issue will constitute 39.30% of the fully diluted post issue paid-up capital of the company.
Zee News, a part of the Essel Group has informed that the company has signed a strategic partnership agreement with Sky B (Bangla) Pvt. Ltd.
Under the deal, Zee News Ltd will handle marketing, advertising, sales and programming initiatives of Sky B's Akaash Bangla, the 24-hour regional infotainment channel in Bengali, against an agreed fee structure.
Bengali news channel 24 Ghanta is owned by Zee Akaash News Pvt. Ltd, which is a 60:40 joint venture between Zee News Ltd and Sky B Pvt. Ltd.
Tokyo - Japan's Panasonic Corp is considering buying troubled Sanyo Electric Co to become the nation's largest electronics manufacturer, news reports said Saturday.
Panasonic wants to begin negotiations with the three top shareholders of its domestic competitor as early as this month, the Nikkei business daily reported.
Should the negotiations be successful it would be the first merger between two large Japanese electronics companies.
New Delhi Television Ltd (NDTV) has informed that the company has entered into agreement with U. K.-based ITV.
Under the arrangement, the NDTV would offer telecast rights of its general entertainment channel, Granada TV, across India and other South Asian countries.
In addition, NDTV would also offer Granada TV’s contemporary dramas, like Prime Suspect, The Jeremy Kyle Show, The Friday Night Project, Ballroom Bootcamp, Airline and Vroom Vroom. Initially, the channel would be broadcast in English, with local sub-titles to be available in launch markets.
Wipro Technologies, the global IT services division of Wipro, has informed that its Business Process Outsourcing division, Wipro BPO, is setting up a Shared Services centre in Curitiba, Brazil for AmBev.
AmBev is the biggest private company for consumer goods in Brazil and the biggest brewer for Latin America. The Company was created on the 1st of July of 1999, in association with brewers Brahma and Antarctica.
Educomp Solutions, a globally diversified education solutions provider has secured an order worth Rs 50.20 crore from Commissioner of Public Instruction, Government of Karnataka.
Under the arrangement, the company will implement Computer aided Education in 708 PU colleges in Karnataka. The order is scheduled to be executed over 5 years.
Apart from this, Educomp has also received an order for 347 Government hostels from Commissioner Tribal Welfare, Government of Chattisgarh for implementation of Computer aided Education Programme.
Chennai based Midvalley Entertainment, has filed a draft red herring prospectus (DRHP) with SEBI, to enter into the capital market with a public issue of 1.71 crore equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process. 
Zee News, a part of the Essel Group has informed that the company has signed a strategic partnership agreement with Sky B (Bangla) Pvt. Ltd.
Tokyo - Japan's Panasonic Corp is considering buying troubled Sanyo Electric Co to become the nation's largest electronics manufacturer, news reports said Saturday.
New Delhi Television Ltd (NDTV) has informed that the company has entered into agreement with U. K.-based ITV.
Wipro Technologies, the global IT services division of Wipro, has informed that its Business Process Outsourcing division, Wipro BPO, is setting up a Shared Services centre in Curitiba, Brazil for AmBev. 
Educomp Solutions, a globally diversified education solutions provider has secured an order worth Rs 50.20 crore from Commissioner of Public Instruction, Government of Karnataka.
