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Stocks in news: BSE, Britannia, Paytm, Meesho, RIL
Indian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anticipate further gains, targeting 24,550 and 24,750. Key companies like BSE, Britannia, and Paytm are in focus due to quarterly results and significant news, including Zee Entertainment's lawsuit and Hyundai's commitment to India.
Zee Files $3 Million Suit Against Reliance-Disney JV, Alleges Breach Of Music Copyright
India's Zee Entertainment Enterprises has filed a lawsuit against the Reliance-Disney joint venture.
Zee Entertainment sues Reliance-Disney over alleged music copyright breach
Zee Entertainment has sued the Reliance-Disney joint venture. Zee alleges the company used its copyrighted music without permission after license agreements ended. Zee is seeking $3 million in damages. The lawsuit highlights growing disputes over content rights in India's media market.
Zee Entertainment sues Nykaa for using its songs in Instagram reels without licence
Zee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission. Nykaa's lawyers argue that Instagram's music licensing covers such usage. The company has removed the disputed reels. This case highlights ongoing challenges in music copyright compliance within India's commercial landscape.
Zee sues Nykaa over alleged copyright misuse of songs on Instagram reels
Zee Entertainment has filed a lawsuit against Nykaa. The company alleges Nykaa used its copyrighted songs in Instagram reels to promote products. Zee is seeking damages of $210,000. Nykaa's lawyer informed the court that the disputed links have been removed. The case will be heard again on May 26.
India regulator pursues fund diversion allegations against Zee
SEBI issued a show-cause notice to Zee Entertainment Enterprises Ltd. and its leadership over fund diversion and governance lapses, impacting its abandoned Sony merger and shareholder losses.
Sebi pursues fund diversion allegations against Zee Entertainment
The regulatory scrutiny was a key obstacle to Zee's merger with Sony, which was abandoned in January 2024 after two years of legal disputes
Sebi sends show-cause notice to ZEEL over 'fund diversion'
India's market regulator Sebi has issued a show cause notice to Zee Entertainment Enterprises and its top executives. The notice alleges fund diversion and governance lapses. Zee Entertainment has denied all allegations. The company plans to file a response and take legal steps to protect shareholder interests.
Sebi sends show-cause notice to ZEEL over 'fund diversion'
India's market regulator Sebi has issued a show cause notice to Zee Entertainment Enterprises and its top executives. The notice alleges fund diversion and governance lapses. Zee Entertainment has denied all allegations. The company plans to file a response and take legal steps to protect shareholder interests.
Accumulate Zee Entertainment Enterprises; target of Rs 91: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on Zee Entertainment Enterprises with a target price of Rs 91 in its research report dated May 20, 2026.
Zee Entertainment share rallies 6% as firm bags FIFA World Cup 2026 broadcast rights for India
FIFA data showed that the country accounted for 2.9% of the global linear television audience for the 2022 FIFA World Cup in Qatar, ranking behind only China in overall engagement.
Zee Entertainment shares soar 11% amid talks with FIFA on World Cup broadcast rights in India
FIFA has already signed broadcast agreements across more than 180 territories globally.