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HTMT to demerge media business into separate listed entity

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MUMBAI: Hinduja TMT board has approved demerging its media business into a separate listed entity.

The proposal put forward by the management is to have two debt-free listed companies with mirror shareholding. While information technology and telecom businesses will form part of the technology company, media including film content and cable TV distribution and broadband will be part of the new entity. In Fascel which is a cellular service operator, HTMT has made a financial investment and is planning to sell its stake at the appropriate time.

The board, which met today, has authorised a committee of directors to work out a detailed scheme to carry forward this demerger process.

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“We plan to have two listed entities and are working out the details. But in the media company, this will not stop each of the individual segments to pursue their own interests,” says HTMT CEO and MD K Thiagarajan.

Apart from its core business which is IT, HTMT has presence in media (film content, cable TV distribution network) and broadband businesses through its subsidiaries. It also has substantial investments and other liquid assets.

Explaining the rational for the demerger, the company says the good show of both the IT business and the Media & Broadband businesses has given it the confidence to explore newer avenues and for that it felt the necessity to have two separate listed companies concentrating on the two branches.

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The recent acquisition of Source One Communications Inc, USA and Customer Contact Centre Inc, Philippines has provided the company with global delivery capabilities. On the other hand, the media & broadband businesses , powered by high investments, looks at expansions through alliances, partnerships, strategic investments and joint ventures including mergers & acquisitions, informs a company release.

“The restructuring exercise will not only unlock value for the shareholders in the short term, the new entities will achieve their individual business objectives faster & better than before, thereby creating further value for the shareholders in the long term,” says Thiagarajan.

The board also declared HTMT’s results. For the quarter ended December 2004, Hinduja TMT Ltd has posted a net profit of Rs 226.806 million, as compared to Rs 225.461 million a year ago. Total income has increased from Rs 456.871 million in Q3-03 to Rs 468.620 million for the quarter ended 31 December 2004.

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Drama Series

Eric Dane, Grey’s Anatomy’s McSteamy, dies after ALS diagnosis  

Dane’s death follows months of campaigning on motor neurone disease

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MUMBAI: Shakira’s hips don’t lie and neither does the buzz, the Colombian superstar is shaking up India with a long-awaited return, headlining the Feeding India Concert 2026 across two cities for the first time ever. Announced on 20 February 2026, the third edition of the music-for-change initiative organised by not-for-profit Feeding India alongside District by Zomato brings the multiple Grammy winner to Mumbai’s Mahalaxmi Racecourse on 10 April and Delhi’s Jawaharlal Nehru Stadium on 15 April. Presented by HSBC India and exclusively ticketed via District, the shows mark Shakira’s first major India gigs in nearly two decades.

Fans have been waiting eagerly for this Latin pop powerhouse known for anthems like Hips Don’t Lie, Whenever, Wherever, and the iconic World Cup hit Waka Waka to light up the stage again. But it’s not just about the beats, Shakira’s involvement amps up the national conversation on hunger and child malnutrition. Through her Barefoot Foundation, she’s long championed education and welfare for vulnerable kids worldwide, a mission that dovetails neatly with Feeding India’s push toward the UN’s Zero Hunger goal by 2030.

Shakira said, “Performing in India has always been special to me, and I’m excited to connect with my fans across Mumbai and Delhi. The Feeding India Concert is about more than music, it’s about standing together to ensure every child has access to the nutrition they need to thrive.”

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District by Zomato CEO Rahul Ganjoo added, “This is a defining moment for the Feeding India Concert. Bringing an artist of Shakira’s global stature to two cities represents our commitment to scaling impact while delivering world-class entertainment. Music has the unique power to unite people across boundaries, and we’re leveraging that to drive meaningful conversations that can transform lives.”

Feeding India tackles hunger through government-backed systemic work, direct meal support in schools (low-income, government, and NGO), and a youth volunteer network that sparks awareness and action. The concerts unite artists, philanthropists, and everyday folks in collective action proving music can move crowds and move the needle on social issues.

Ticket details are rolling out fast, HSBC credit cardholders get exclusive 48-hour early access from 12 pm on 27 February to 12 pm on 1 March, with 10 per cent off up to Rs 1,000. General sales kick off at 1 pm on 1 March. District app users can hit ‘Notify Me’ for real-time updates. Plus, snag flexible payments Buy Now, Pay Later with 50 per cent upfront and the rest by 20 March 2026.

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Opening acts drop soon via feedingindia and districtupdates pages on Instagram, or straight in the District app. Whether you’re there for the spectacle, the cause, or just to finally see Shakira live, this one’s got rhythm with real purpose turning dance floors into drivers of change.

LOS ANGELES: Eric Dane, best known for his roles in Grey’s Anatomy and Euphoria, has died aged 53, less than a year after revealing he had amyotrophic lateral sclerosis (ALS), a form of motor neurone disease.

Dane died on Thursday afternoon, after being diagnosed in April 2025. In a statement, his family said he spent his final days surrounded by close friends, his wife, the actor Rebecca Gayheart, and their two daughters.

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Over the past decade, Dane was closely associated with two of television’s most recognisable characters. He played Dr Mark Sloan, nicknamed “McSteamy”, on Grey’s Anatomy, joining the series for a single episode before becoming a regular for six seasons. More recently, he appeared as Cal Jacobs in Euphoria, the troubled father of Jacob Elordi’s character Nate Jacobs.

Despite his illness, Dane continued working and completed filming for the upcoming third season of Euphoria, appearing in a wheelchair as his condition progressed. Speaking to People last year, he said he felt fortunate to remain active professionally while asking for privacy for his family.

ALS is a terminal degenerative disease that progressively impairs movement, speech and breathing. While there is no cure, progression varies widely among patients. In recent months, Dane emerged as a vocal advocate for awareness and research, using his diagnosis to highlight the condition’s impact.

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Tributes followed swiftly from colleagues across the industry. Sam Levinson, creator of Euphoria, described Dane as both a gifted collaborator and a close friend, praising his warmth and generosity on and off set.

Born in San Francisco in 1972, Dane appeared in more than 140 episodes of Grey’s Anatomy between 2006 and 2021 and starred in films including X-Men: The Last Stand and Marley & Me. His death marks the loss of a familiar presence in American television, remembered as much for his resilience as for his performances.

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