Related News

BENGALURU: Scientists from Indian Institute of Science (IISc) reported an advance in the long quest to move electronics beyond silicon, by creating molecular-scale devices that can adapt their behaviour and

The big AI bubble question has been the tech industry’s buzziest debate all year, and one robot has weighed in with its opinion. KOID is a short but slender humanoid

On the 50th anniversary, two legends tell the story of the momentous 1969 moon walk: Apollo 11 commander Neil Armstrong and “CBS Evening News” anchor Walter Cronkite — the man

Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last

Some questions arrive quietly. When is the next full Moon 2026 is one of them. It usually turns up while scanning a calendar or noticing the moon hanging a little

The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Jackie Shroff family’s investment pays off: From lakhs to crores- How the Bollywood couple’s Sony TV decision proved to be a bonanza for them

Word Count: 619 | Estimated Reading Time: 4 minutes


Jackie Shroff family’s investment pays off: From lakhs to crores- How the Bollywood couple’s Sony TV decision proved to be a bonanza for them

In an industry where star earnings often rise and fall with box-office success, Jackie and Ayesha Shroff’s early bet on television proved to be a defining financial decision. Their timely investment in Sony Entertainment Television’s Indian launch two decades ago turned into their most profitable venture, as reported by Economic Times.Ayesha Shroff, who co-founded Jackie Shroff Entertainment Limited, said in a discussion with Zero1 Hustle by Zerodha that the Sony investment was her first exposure to corporate operations and remains the couple’s best financial decision. “It was much more than that, and if you apply that concept to the deal, it was like Rs 1 lakh to Rs 100 crore back then,” she said.The couple and their seven-member team spent nearly a year negotiating with Sony, combining Jackie Shroff’s celebrity brand with commercial and technical expertise from other partners. A breakthrough came after sustained engagement, eventually leading to Sony’s entry into the Indian television market. The Shroffs retained their stake for 15 years before divesting.“The experience was very exciting, the going back and forth on the deal, the due diligence, the paperwork,” Ayesha recalled. She explained that the association with Sony not only provided strong financial returns but also gave her deep insights into corporate dealmaking.The Shroffs later channelled part of their resources into film production, most notably Boom (2002). However, widespread piracy prior to release led to major financial losses. “We made Boom. Not with all of that (Sony) money, but with a little bit of it. It was just bad luck that the film got pirated and we lost a lot of money,” Ayesha said.





Source link

Most Popular Articles