News Broadcasting
Deccan Chronicle acquires Odyssey for Rs 612 million
MUMBAI: Deccan Chronicle Holdings (DCHL) has acquired the Odyssey retail chain company in an all cash deal of Rs 612 million.
DCHL informed the Bombay Stock Exchange (BSE) that in pursuant with the agreement executed with Odyssey India Ltd, the company incorporated under the Companies Act 1956 with all its branches where ever situated to acquire and take over and merge the business with all its rights, assets and liabilities recorded in its book as on 5 September, 2005 with effect immediately.
The company has acquired 100 per cent, 1,15,14,140 equity shares of Re 1 each of Odyssey India LTD for a total cash consideration of Rs 612 million from the promoters of Odyssey India LTD and such other persons acting in consent besides financial investors.
Odyssey is a leisure retail chain sells books, music, toys, greeting cards and FMCG products of leading domestic and international brands. Odyssey has 50,000 sqft of retail space in 12 locations in six cities – Hyderabad, Trichy, Chennai, Coimbatore, Varansai and Salem.
News Broadcasting
CNN-News18 to host Fury in the Gulf conclave on West Asia crisis
Three-hour summit to unpack geopolitical fallout and impact on India
MUMBAI: CNN-News18 is set to host a special three-hour broadcast, Fury in the Gulf – War Conclave, on April 7, aiming to decode the escalating West Asia crisis and its far-reaching implications for India.
Scheduled from 4:00 PM to 7:00 PM, the conclave comes at a time when tensions between Iran and the United States are reshaping global geopolitics and triggering economic uncertainty. With India’s deep energy ties, trade links and large diaspora in the Gulf, the developments carry significant domestic relevance.
Built around the theme ‘Conflict, Consequences, and The Future,’ the programme will feature six curated sessions combining one-on-one interviews and panel discussions. The focus is to cut through the clutter and offer viewers a clearer understanding of the fast-evolving situation.
Key sessions include ‘Diplomacy in Times of War’ featuring Shashi Tharoor, and ‘World After the Iran Conflict’ with voices such as Ram Madhav, Reuven Azar, representatives from the European Union and the Iranian Deputy Envoy. Another session titled ‘Another Dunkirk?’ will bring together K. J. S. Dhillon and Jitin Prasada among others.
CNN-News18 editorial affairs director Rahul Shivshankar said, “In times of war, clarity becomes the most powerful tool. Fury in the Gulf – War Conclave brings together credible voices to address the questions and confusion that arise amid an overwhelming influx of information.”
He added that the initiative is aimed at delivering “facts, perspective, and insight” at a time when misinformation can easily cloud public understanding.
Echoing the sentiment, CNN-News18 CEO– English and business news Smriti Mehra said the conflict marks a defining global moment, with consequences that extend well beyond the region. She noted that the conclave seeks to present the crisis with “depth, nuance and responsibility” so audiences can better grasp its real-world impact.
As geopolitical tensions continue to dominate headlines, the conclave positions itself as an attempt to bring order to the noise, offering viewers a structured, insight-led look at a complex and rapidly shifting global situation.
