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BusinessParamount finalized its acquisition of Warner Bros. Discovery, merging two major Hollywood studios into a media empire controlled by David Ellison. The new company, named Skydance, combines Paramount Pictures, Warner Bros. Pictures, CBS News, CNN, HBO, and CBS TV brands. Ellison plans to merge Paramount+ and HBO Max streaming services. Skydance shares began trading on NYSE under 'SKYD'.
NDTV World·
PoliticsIn Nagpur, a 35-year-old man named Narayandas Manmohandas Vaishnav was beaten to death by a mob after allegedly sexually assaulting a 9-year-old girl at his home. The incident occurred Monday night between 8 and 9:30 PM in the Pardi police station area. The accused, originally from Bhilai, Chhattisgarh, died during treatment at Mayo Hospital. A case was registered under relevant IPC sections and the POCSO Act.
Amar Ujala··Nagpur
BusinessLambda, supported by Nvidia, is targeting a $4 billion fundraising round led by investment firms Blackstone and Coatue Management. The company aims to go public in 2027, contingent on execution and market conditions, according to a letter to its limited partners reviewed by the Wall Street Journal.
ET Tech·
TechnologyThe DoorDash Dasher app experienced an outage across several U.S. states, including California, South Carolina, Colorado, Texas, and Kansas. Starting around 2:30 p.m. EDT Tuesday, over 5,000 error reports were logged by 3:15 p.m. Users reported missing earnings and inability to start new dashes, raising concerns about delayed payments during the outage.
HT World·
PoliticsKarnataka Environment Minister Ramalinga Reddy has directed forest officials to take immediate action against illegally established resorts and homestays in the Eco Sensitive Zone (ESZ) and buffer zones of tiger reserves. He emphasized minimal disturbance in these areas, declaring them silent zones, and called for Zonal Master Plans to raise awareness about regulations. The directive followed a review of commercial activities in ESZs, including around 4,000 registered homestays in Karnataka.
The Hindu··Bengaluru
BusinessThe Delhi High Court has granted a stay on the Food Safety and Standards Authority of India's (FSSAI) orders concerning energy drinks. The court ruled that FSSAI did not follow proper procedures, including failing to issue show-cause notices. Monster Energy India and PepsiCo India Holdings argued that the lack of due process could cause significant financial losses.
Economic Times··Delhi
NDTV World·
Paramount finalized its acquisition of Warner Bros. Discovery, merging two major Hollywood studios into a media empire controlled by David Ellison. The new company, named Skydance, combines Paramount Pictures, Warner Bros. Pictures, CBS News, CNN, HBO, and CBS TV brands. Ellison plans to merge Paramount+ and HBO Max streaming services. Skydance shares began trading on NYSE under 'SKYD'.
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