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The Honourable High Court of Kolkata today has granted an interim injunction restraining UTV News Ltd and UTV Global Broadcasting Ltd from continuing with an advertising campaign they started running recently. The injunction was granted on a petition filed by HT Media Ltd against infringement of Intellectual Property Rights.
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Employees are still looking for clarity around new policies regarding return-to-office, severance and more.
The deal looks to be worth over $80 billion, but faces antitrust resistance.
The review is at the chemistry stage.
SOUNDING BOARD: From mourning the loss of legacy brands to asking tough questions, industry leaders reflect on the biggest news this week.