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.
With the aim to further provide Netflix's Web streaming service directly to televisions through many devices, on Wednesday, Netflix Inc. said that it has entered a deal with TiVo Inc.
Though the full terms of the deal were not disclosed, under this deal, Netflix needs to provide subscribers of its online DVD rental service, and 800,000 broadband-connected Tivo subscribers, with the facility to stream movies and TV episodes from Netflix's "Watch Instantly", free of charge.
V-Guard, one of the leading electrical and electronic appliances group, has postponed its plans to set up two water theme amusement parks with an aggregate investment of up to Rs 1,200 crore because of land acquisition problems.
The group has shelved its plans of setting up parks near Panvel in Navi Mumbai, following the phenomenal rise of land prices at the proposed site.
Zapak Digital Entertainment Ltd, Country’s largest online gaming company, a Reliance ADA Group Venture, has announced the launch of their first gaming portal for the international markets - Zapakworld.com at “Casual Connect” held at Ukraine.
According to the sources, over 50 international developers have already signed on with Zapakworld.com to provide games.
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.
With the aim to further provide Netflix's Web streaming service directly to televisions through many devices, on Wednesday, Netflix Inc. said that it has entered a deal with TiVo Inc. 
V-Guard, one of the leading electrical and electronic appliances group, has postponed its plans to set up two water theme amusement parks with an aggregate investment of up to Rs 1,200 crore because of land acquisition problems.
Zapak Digital Entertainment Ltd, Country’s largest online gaming company, a Reliance ADA Group Venture, has announced the launch of their first gaming portal for the international markets - Zapakworld.com at “Casual Connect” held at Ukraine. 
