Industry Trends

Warner Bros deal battle: Company tells shareholders to reject Paramount Skydance bid; Netflix deal preferred

Warner Bros urged shareholders to reject Paramount Skydance's takeover, favoring a Netflix offer they believe benefits customers and aligns with board duties. Paramount's higher bid includes cable networks, unlike Netflix's streaming-focused proposal. Both deals face significant regulatory and political scrutiny, with concerns about market dominance and media consolidation.

Startup Funding

Warner Bros. Plans to Reject Paramount Bid on Funding, Terms

After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed, they said.

Salary / Compensation

Amazon Pay Adds Support for Biometric Authentication for UPI Payments in India

Amazon Pay has introduced the new biometric authentication feature for UPI transactions. However, the company will only allow users to make payments of up to Rs. 5,000 using the new feature. The tech giant claims that people will no longer have to enter their UPI pins to complete a transaction, as they can directly validate them using their fingerprint and facial biometrics. In the past, companies like Navi UPI, Samsung Wallet, and NPCI have also introduced this feature.

Startup Funding

Experiential tech startup Tagbin secures $10M in funding

The Gurgaon-headquartered firm intends to use the funds to expand beyond India, enhance its technology platforms and prepare the organisational and regulatory groundwork needed for a stock market listing.

Industry Trends

How to Log in to the EPFO Member Portal: A Step-by-Step Guide

Many employees find it difficult to access their EPF account. In this article, we will guide you through the step-by-step process of logging into the EPFO Member Portal. Every employee needs to activate their UAN (Universal Account Number) before proceeding. Also, make sure that your mobile number is linked to the UAN for successful OTP verification.

Industry Trends

Sebi board approves changes to mutual fund expense fee, stock broker rules, simplified IPO documents

Sebi has introduced major reforms for mutual funds and stock brokers. New rules aim to simplify operations and reduce costs for investors. Broker regulations are updated to reflect modern market practices. Mutual fund rules are rewritten with clearer language and strengthened transparency. Expense ratios are reduced across various fund categories. Brokerage caps are also lowered.

Industry Trends

Sebi revises base expense ratio of mutual funds across categories

Capital markets regulator Sebi has revised the base expense ratio (BER) of mutual funds across categories in a board meeting, according to ET Now. The regulator's board approved exclusion of all statutory levies from the base expense ratio such as securities transaction tax (STT), GST and stamp duty.