CCI clears Bharat Forge-AAM India Manufacturing deal with voluntary modifications (See 'Corp Brief') CCI cleared joint proposal of wealth management firm 360 ONE and Bharti Life Ventures to acquire stakes in Bharti Axa Life Insurance Company (See 'Corp Brief') Enforcement Directorate attached fresh assets worth 1,500 crores as part of money-laundering investigation against Sahara Group IBC - Penalty imposed can be reduced to period already under gone and suspension of appellant would be deemed to come to end from date of order: HC (See 'Legal Desk') CCI approves Kandhari's Rs 2,000-cr deal for Coca-Cola's bottling unit (See 'Corp Brief') NABARD buys 10% stake in agri-fintech venture 24*7 Moneyworks consulting MeitY hosts 'I Am Circular' Coffee Table Book, curetted by International Council for Circular Economy (See 'Corp Brief') ICAI starts prove into Gensol, BluSmart fraud charges Misc - In view of authorization of any director of company to institute a suit/litigation under Memorandum and Articles of Association, applications are competent even in absence of Resolution: HC (See 'Legal Desk') CCI has approved Bharat Forge's acquisition of AAM India Manufacturing Corporation Pvt Ltd after accepting certain voluntary modifications Traders’ body demanded setting up of independent regulatory body for digital commerce for oversight and holding accountability on e-commerce and quick commerce platforms WAVES 2025 seeks to firmly establish India as global hub for media & entertainment sector (See 'Corp Brief') SEBI announced change in cut-off timings to determine net asset value with respect to repurchase or redemptions of units in + overnight schemes of mutual funds RBI has cancelled licence of Ajantha Urban Co-operative Bank Maryadit, Aurangabad, as lender does not have adequate capital and earning prospects BIS to offer internship for 500 students from partner institutions (See 'Corp Brief') Nuvama cuts Oberoi Realty's price target by 15% due to weak sales GIFT Nifty indicates strong start for Indian equity indices as it takes cues from Asian and US markets Union Health Secretary has urged for strengthening capacities for prevention, preparedness and mitigation fire safety in hospitals (See 'Corp Brief') Electric two-wheeler maker Ather Energy filed its red herring prospectus trimming size of its IPO amid ongoing market volatility CPC - Question of imputing knowledge to plaintiffs for purpose of barring their amendment on basis of limitation is unmerited: HC (See 'Legal Desk') Tata Investment declares Rs.27 dividend per share for FY25 amid 38% profit slump Reschedule work hours to mitigate effect of extreme heatwaves, Centre tells State (See 'Corp Brief') PMLA - Relevant date to find out scheduled offence and offence of money laundering is when it is projected to be untainted property to make out an offence u/s 3 of PMLA: TRIBUNAL (See 'Legal Desk') IndusInd Bank's share prices fall 6% amid forensic audit by EY into Rs.600 crore discrepancy CCI okays Google's settlement proposal in Android TV matter (See 'Corp Brief') DBT saves Rs.3.48 lakh crore, records 16-fold surge in beneficiaries (See 'Corp Brief') NBFC Firm Piramal Finance has forged co-lending partnership with ICICI Bank to improve credit accessibility in rural and semi-urban regions Khadi & Village Industries Commission has recorded all-time high turnover exceeding Rs 1.70 lakh crore in F.Y 2024–25 (See 'Corp Brief') JIO Finance, NBFC arm of Jio Financial Services, has introduced fully digital loan against securities for its customers with interest rate starting at 9.99% SARFAESI Act - An entity which does not qualify as Financial Institution u/s 2(1)(m)(iv) cannot seek CMM's assistance u/s 14 of the Act to enforce secured interest: HC (See 'Legal Desk') Mental strengh equally important for soldier as combat skill: Rajnath Singh (See 'Corp Brief') Bengaluru based BlueStone Jewellery has received SEBI’s approval to raise funds via IPO, which will be combination of fresh issue of shares of up to Rs. 1,000 crores SARFAESI Act - Financial Institution needs to have assets worth Rs. 100 crores or more to be eligible to invoke provisions of Act for enforcing secured interest: HC (See 'Legal Desk') To enhance investor protection and curb financial fraud, SEBI has directed all regulated entities to exclusively use '1600' phone number series for service calls Fatty liver disease is preventable, reversible through healthy lifestyle choices: JP Nadda (See 'Corp Brief') PMLA - When sickness is serious enough to pose threat to life and requires medical assistance which is unavailable in jail facilities, accused should be granted bail under PMLA: HC (See 'Legal Desk') CCI has cleared South Africa-based Sanlam and Shriram Credit Company's joint proposal to acquire stake in Shriram Asset Management Company 42 Finalists of WAVES 2025 Animation Film makers Challenge announced (See 'Corp Brief') Second Edition of three-week Tri-services 'Future Warfare Course' in Delhi from April 21 (See 'Corp Brief') IPR - Registered trade mark may be taken off Register of Trade Marks if same is not used in relation to those goods/ services in respect of which it is registered for continuous period of at least 5 years: HC (See 'Legal Desk') Union Home Minister unveils 'HEALD' initiative to combat liver diseases across India (See 'Corp Brief') Union Minister Dr Jitendra Singh, along with Chief Minister Omar Abdullah, inaugurated first-ever Multi-level Parking Complex in heart of Kathua town (See 'Corp Brief') SEBI Act - writ petition under Articles 226 & 227 not maintainable as alternate statutory remedy under Section 15Z of the SEBI Act, 1992, is available: HC (See 'Legal Desk') Startup Life Ledger: A CA's Reflection on Founder's Balance Sheet (See 'CORP EINSICHT')

WAVES 2025 seeks to firmly establish India as global hub for media & entertainment sector

Published: Apr 23, 2025

By TIOLCorplaws News Service

MUMBAI, APR 23, 2025: AS the world gathers for WAVES 2025 - the World Audio Visual and Entertainment Summit in Mumbai - India will proudly unveil the Bharat Pavilion, a vibrant tribute to the country's profound legacy of storytelling and its growing influence in the global media and entertainment landscape.

Guided by the theme "Kala to Code" the Pavilion will celebrate India's spirit of Vasudhaiva Kutumbakam - the world is one family - and showcase how the country's artistic traditions have long been a beacon of creativity, harmony and cultural diplomacy.

Rooted in legacy and driven by innovation; India now looks to the future - ready to lead the world in storytelling, technology and transformative cultural exchange.

At the core of the Bharat Pavilion are four immersive zones that will take visitors through the continuum of India's storytelling traditions:

- Shruti - spotlighting oral traditions, from Vedic chants and folk ballads to classical music, radio and the spoken word.

- Kriti - highlighting written legacies, tracing the journey from cave engravings and palm-leaf manuscripts to the evolution of print media, literature and modern publishing.

- Drishti - exploring visual expression, from ancient dance forms, puppetry and folk theatre to India's thriving cinema, television, digital and immersive storytelling ecosystems.

- Creator's Leap - showcasing the future of storytelling with cutting edge technology

Through these experiential zones, visitors are invited to witness how India's timeless narratives have evolved into powerful modern media formats. From the echoes of Om to the beat of the tabla, from the etched symbols of Bhimbetka to today's digital screens, from the dance of Nataraja to cinematic blockbusters- the Pavilion will be a living archive of how India shaped and continues to shape the global storyscape.

But this is more than a cultural showcase-it is a declaration of India's creative prowess and future-forward vision. With many OTT platforms, a tech-savvy mobile-first audience, world-class VFX, gaming and animation studios, as well as a thriving Startup ecosystem, India stands as one of the fastest-growing media and entertainment markets in the world.

The Bharat Pavilion stands as a dynamic platform for creators, collaborators and change makers across the media and entertainment ecosystem. It will present a valuable opportunity for stakeholders to connect with India's exceptional talent, advanced storytelling technologies and rapidly expanding market potential. More than a showcase of cultural heritage, the Bharat Pavilion will be a reflection of strong government support in fostering cross-cultural partnerships and investment - positioning itself as a Global centre for creative innovation and collaboration.

Bharat Pavilion at WAVES 2025 is where ancient inspiration will meet cutting-edge innovation. With its rich cultural legacy, unparalleled creative talent and world-class technological capabilities; India is poised to emerge as a Global leader in media and entertainment-ready to captivate and inspire the world.

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