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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
JioStar files legal action against Zee over Bollywood fil...
By Reuters · 2026-05-15 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The latest legal clash adds to the ongoing arbitration battle between the two media companies linked to a collapsed cricket licensing deal.

The latest legal clash adds to the ongoing arbitration battle between the two media companies linked to a collapsed cricket licensing deal.

India's JioStar, the TV and online entertainment venture of Reliance and Walt Disney, has initiated legal ‌measures against rival Zee Entertainment for alleged unauthorised broadcast of Bollywood films it ​has the rights to, documents show.

Billionaire Mukesh Ambani's JioStar is the No. ⁠1 player in India's vibrant $30 billion media and entertainment industry, while Zee, one of India's oldest media groups, is a smaller rival. They are already locked in a $1 billion arbitration in London over a collapsed cricket licensing ‌deal in 2024.

In April, Zee sued JioStar in a Delhi court for unauthorised use of its copyrighted music. In an apparent tit-for-tat move, JioStar filed a case on ‌May 4 with a legal mediation committee challenging Zee's broadcast of some Bollywood movies ‌last ⁠year even though their rights at the time vested with the Reliance-led entity, according ⁠to legal documents reviewed by Reuters.

JioStar alleges Zee telecast 12 distinct films around 20 times, including some blockbusters starring popular Bollywood film actors like Shah Rukh Khan and Aamir Khan.

Zee "is a habitual infringer", JioStar said in its 120-page plea, accusing ​Zee of continuing to "engage in the ‌unauthorised broadcast and exploitation of the films".

The filing has not been reported previously.

The plea was filed at the Delhi High Court Legal Services Committee, which provides a dispute resolution mechanism aimed at amicable settlements. If it is unresolved, JioStar could escalate the case to a ‌court.

The documents said the committee has asked Zee to appear before it on May ​25, adding that a failure to do so will be considered a refusal to participate in the mediation.

JioStar, formed from Reliance and Disney's $8.5 billion merger ⁠of their Indian media assets in 2024, and Zee both declined to comment.

BIG PLAYERS, MANY LEGAL NOTICES

JioStar and Zee reach hundreds of millions of viewers through scores of TV channels and a ‌streaming platform each. Reliance says JioStar has a 34.2% market share of India's TV market, while Zee says its share is at a four-year high of 18%.

In the music case filed in April, Zee is seeking $3 million from JioStar for allegedly using its music at least 50 times after certain licensing agreements expired.

Two sources with direct knowledge said JioStar is likely to seek upwards of 250 million rupees ($2.61 million) for alleged infringement of its rights to the Bollywood films, ‌though a number is yet to be finalised.

The Bollywood film case reached the court committee stage after the two ​sides exchanged more than a dozen legal notices and letters starting February 2025, documents show.

The films involved include runaway hits like the 1975 Deewaar (Wall), starring Amitabh ⁠Bachchan, and Tridev (Trinity). Jio said it has the rights to these films and Zee allegedly broadcast them ⁠without having permission to do so.

Zee said the broadcasts were "inadvertent and unintentional" and it would exercise due caution, but declined any liability for damages that Reliance was seeking.

JioStar ‌has also accused Zee of unauthorised broadcast of Aamir Khan starrer Dangal (Wrestling Bout). The 2016 movie, based on a real-life Indian wrestler, was a big Bollywood hit and won several ​awards.

Zee denied any wrongdoing, and argued it had permission from the production house to broadcast the movie.

Published on May 15, 2026