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20th Century Fox contests Zee's 'Time Bomb' in Delhi HC

MUMBAI: Subhash Chandra and partner-turned-rival Rupert Murdoch are at loggerheads again. News Corp promoted Twentieth Century Fox Film Corporation has moved the Delhi High Court, challenging Zee Telefilms Ltd (ZTL) for copyright violation. Twentieth Century Fox has alleged that Zee TV's upcoming...

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ZTL, Padmalaya reach accord; land part of deal

MUMBAI: Zee Telefilms Ltd (ZTL) has reached a settlement with the promoters of Padmalaya companies, whom it had accused of misappropriation of shares. According to the agreement, ZTL will be given 21,000 sq metres of land in Padmalaya Studios located in Hyderabad. The valuation of the property is...

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Zee Telefilms Q2 net profit up 115 %

MUMBAI: Zee Telefilms Ltd's net profit rose 115.46 per cent to Rs 399.90 million for the quarter ended 30 September 2004, from Rs 185.60 million a year ago. Total income increased to Rs 1960.50 million, from Rs 1252.90 million in the corresponding period of the previous year. Zee Telefilms Ltd...

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ETC board okays share-swap ratio for merger

The boards of ETC Networks Ltd and Econnect India Ltd (EIL) have approved the share swap ratio for the merger of the two companies in their board meetings held on 2 January 2004, ETC informed the Bombay Stock Exchange.

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Zee Tele gets restructure approval, to launch religious channel

MUMBAI: The restructuring of the Zee Network continues. At a meeting held this afternoon, the Zee Telefilms Ltd (ZTL) board gave the management the go ahead to merge ETC Networks with Econnect India Ltd (EIL) another ZTL subsidiary.     The merger process is expected to be completed within five-...

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