52-564: The International League T20 (ILT20), also endorsed as the DP World ILT20 for sponsorship reasons, is a T20 cricket tournament being played in the United Arab Emirates . It is sanctioned by Emirates Cricket Board . The first edition of the tournament was originally scheduled to take place during January and February 2023, but it was rescheduled to take place from January 2024, with six teams competing. In June 2022,
104-646: A collection of recorded theatre plays also called teleplay- produced in India and internationally. In February 2019, media reported that Essel Group was in talks to sell their shares from the Zee Entertainment Enterprises to save them from debt. Top Sony officials including Mike Hopkins, chairman of Sony Pictures Television, and Tony Vinciquerra , chairman of Sony Pictures , had visited Subhash Chandra and his family at his residence shortly after Chandra announced his intent to sell half of
156-634: A cyberattack on DP World paralysed imports and exports in Australia for several days. DP World accounts for about 40% of Australia's imports and exports, leading to a 30,000-container backlog; additionally, data was stolen. On 14 October 2024, DP World announced a £1 billion expansion plan of the London Gateway port at the London investment summit, despite criticism from the UK ministers. The investment
208-677: A joint ventures with Ethnic Group. Zee Telefilms launched a Nickelodeon-branded programming block in 1999 as part of a distribution deal between Viacom International and Zee Telefilms. It was replaced by a new Cartoon Network block in 2002. In 2008, Zee Networks launched Zee Motion Pictures and Zee Limelight (now Zee Studios ) for the development, production, distribution and marketing of mainstream films in Indian languages, including Hindi , Malayalam , Tamil , Telugu , Kannada , Bengali and Marathi . In 2015, Zee acquired Sarthak TV, an Odia-language pay television channel. In 2017,
260-554: A larger government-to-government memorandum of understanding between the Government of the United Arab Emirates and the Government of Somaliland to further strengthen their strategic ties. Somalia 's attempts to obstruct and block the deal were frustrated and failed to stop the project from commencing. On 3 January 2022, construction began on the US$ 1.13 billion deep-water port at Ndayane , around 50 km (31 miles) south of
312-465: A major deadlock in the merger process. However, on 22 January 2024, Sony Pictures Networks India issued a notice to Zee Entertainment Enterprises effectively terminating the merger proceedings due to, among other reasons, the closing conditions to the merger not being satisfied by the given deadline of January 21. On 11 September 2021, Invesco asked Zee management to call shareholders an "extraordinary general meeting" (EGM) to consider its demands. One of
364-669: A majority stake in the proposed merged entity, which will be headed by Zee's Punit Goenka. In December 2021, the merger was approved by the two companies boards. Sony will hold a stake close to 51% in the company, with Zee controlling the remaining stake. On 10 August 2023, the National Company Law Tribunal approved the proposed Sony/Zee merger. On 18 January 2024, the anticipated $ 10 billion merger between Zee Entertainment Enterprises and Sony Pictures India progressed as ZEE's stock increased amid reports that CEO Punit Goenka might step down, potentially resolving
416-656: A new container terminal at Port Muhammad Qasim near Karachi and announced that it was in discussions with the Pakistani Government about the development of a container terminal at Gwadar in Balochistan . DP World had been favourite to win the Gwadar concession, but withdrew from the bidding. Gwadar Port was subsequently awarded to PSA (Port of Singapore Authority) and opened in March 2007. In June 2007
468-578: A partner in the Customs-Trade Partnership Against Terrorism (C‑TPAT) initiative by US Customs and Border Protection – to date, the only international port operator to have achieved this recognition. This certification is primarily based on DP World's commitment to the independently audited international ISO 28000 security standards. DP World was the first global maritime terminal operator to achieve ISO 28000 supply chain security certification and
520-581: A resolution expected to back the merger deal with Sony as long as the Goenka family does not get any preferential equity. On 22 December, Board of Zee signed definitive agreements with Sony after received approval from its board of directors Sonu Nigam alleged that he was banned by the Zee Music Company after he tweeted in support of politician Kumar Vishwas . In February 2016, Zee Entertainment Enterprises forayed into video-on-demand with
572-403: A statement to reporters, Bush claimed, "It would send a terrible signal to friends and allies not to let this transaction go through." On 23 February 2006, DP World volunteered to postpone its takeover of significant operations at the seaports and on 9 March 2006, is said that it would transfer its operations of American ports to a " US entity ". The United States House of Representatives held
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#1732797775908624-486: A third-party supplier. A spokesman for the National Union of Rail, Maritime and Transport Workers said that there had been no consultation with the staff or trade unions . Staff on some ferries refused to leave their vessels. Some replacement staff, unaware of the circumstances or location of their deployment, declined to work, and a recruitment agency who supplied replacement staff said that they were unaware of
676-534: A vote on 16 March 2006 on legislation that would have blocked the DP World deal, with 348 members voting for blocking the deal, and 71 voting against. DP World later sold P&O's American operations to American International Group 's asset management division, Global Investment Group for an undisclosed sum. In August 2006, DP World signed an agreement with the Port Qasim Authority, to invest in
728-709: A £322m deal. In June 2019 DP World signed agreements with the Russian Direct Investment Fund , ROSATOM , and Norilsk Nickel aiming to develop the Northern Sea Route . In March 2021, the company said that, due to the COVID-19 pandemic, it had witnessed a drop of its profits by 29% comparing to 2019. In May 2021, Abdulla Bin Damithan was appointed as CEO and managing director of UAE business. In October 2021, coinciding with
780-645: Is a major milestone for the DP World International League T20. We would like to thank the ICC for the acknowledgment," David White, chief executive of the league, said. "The recognition is a clear indication of the strength and stature of our league." The second edition of the tournament will kick off on January 19 and end on February 17. The ILT20 has a number of rules which vary from the established Laws of cricket or those used in other Twenty20 leagues: There has been some controversy around
832-603: Is a professional Twenty20 cricket league in the United Arab Emirates. The league was founded in 2022 and is sanctioned by the Emirates Cricket Board (ECB). The inaugural season of the ILT20 took place from January 13 to February 12, 2023, with six teams competing. The teams were: Abu Dhabi Knight Riders , Dubai Capitals , Desert Vipers , Gulf Giants , MI Emirates , Sharjah Warriors The ILT20
884-504: Is expected to become a major cricket league in the United Arab Emirates and the Middle East. The league has a number of rules designed to help young players develop, such as a requirement that each team must have at least two players under the age of 23. Franchises owners as Knight Riders Group , Reliance Industries , GMR Group along with Lancer Capitals , Adani Group and Capri Global Holdings Pvt. Ltd were announced as owners of
936-615: Is listed among International Sponsors of War by Ukrainian National Agency on Corruption Prevention . The company signed agreements with DP World sponsored the European Tour 's season ending DP World Tour Championship, Dubai , played at Jumeirah Golf Estates . DP World also supported the Hong Kong Open and the BMW PGA Championship at Wentworth Club. In November 2021, DP World invested US$ 400 million in
988-499: Is played in a double round-robin format, with each team playing each other team twice. The top four teams at the end of the regular season qualify for the playoffs. The playoffs consist of a semi-final, a third-place play-off, and a final. The first ILT20 season was won by the Gulf Giants , who defeated Desert Vipers in the final. The tournament was a success, with good crowds and positive feedback from players and fans. The ILT20
1040-526: Is rolling out the standard to all its terminals. In June 2012, DP World convened the second high-level, public-private counterpiracy conference, in Dubai. The Washington Post reported "Diplomats and business leaders...are pushing for stronger partnerships between the public and private sectors in combating piracy off the coast of Somalia ". The April 2011 conference was the first time companies rather than governments had contributed financial support to
1092-554: The Port of Berbera . The project, which will be phased in, will also involve the setting up of a free zone . On 1 March 2018, Ethiopia became a major shareholder following an agreement with DP World and the Somaliland Port Authority. DP World holds a 51% stake in the project, Somaliland 30% and Ethiopia the remaining 19%. As part of the agreement, the government of Ethiopia will invest in infrastructure to develop
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#17327977759081144-605: The Royal Challengers Bangalore team. DP World sponsored the yacht Maiden on her world tour 2021–24. Dubai Turf is also sponsored by DP World in 2022. DP World was also the title sponsor for 2022 Asia Cup . DP World has signed a deal to become the title sponsor of the ILT20 for five years. DP World announced a partnership agreement with McLaren in February 2023. DP World will also become
1196-524: The value chain . Dubai Ports International (DPI) was founded in 1999. Its first project was at Jeddah , Saudi Arabia , collaborating with a local partner on the South Container Terminal (SCT). DPI then began operations at the ports of Djibouti in 2000, Vizag , India in 2002 and Constanța , Romania in 2003. In January 2005, DPI acquired CSX World Terminals (CSX WT). In September 2005 Dubai Ports International officially merged with
1248-579: The Berbera Corridor as a trade gateway for the inland country, which is one of the fastest-growing countries in the world. There are also plans to construct an additional berth at the Port of Berbera, in line with the Berbera master plan which DP World has started implementing, while adding new equipment to further improve the efficiencies and productivity of the port. The agreement comes as part of
1300-669: The Dubai Ports Authority to form DP World. The rapid expansion through acquisition continued in March 2006 when DP World purchased the fourth largest ports operator in the world, P&O , for £3.9 billion. The ownership of various US ports by DP World (which had been acquired as part of the P&;O deal) was seen as controversial by many in the United States even though it was supported by the US president George W. Bush ;
1352-700: The European Tour to become the tour's new title sponsor, with the tour being renamed as the DP World Tour. In the 2020 Formula One Season , DP World and Renault F1 Team have signed an agreement making DP World the Global Logistics Partner and title sponsor for Renault, renaming the team as Renault DP World F1 Team. In the 2020 season of the Indian Premier League , DP World is the Global Logistics Partner for
1404-463: The ICC just over a month off the start of its second season. It's the first T20 league run by the board of an Associate nation to be given the status. What it means is that the tournament will now be recognised as an official T20 tournament, with all tournament statistics given official status. In a statement, the ILT20 called the update "a major milestone" and a "major boost". "Earning the List A status
1456-575: The ILT20's plan to only require one local (UAE) player in the playing XI of each team, with several Full Members calling for regulations requiring a higher minimum number of local players in the ILT20 and other T20 leagues. 108 million people tuned in from across India even though attendance was low. Attendance was low due to lack of participation of Indian, Bangladeshi and Pakistani cricketers. * Batting : At least 250 balls must be faced * Bowling : At least 60 balls must be bowled In May 2021, Essel Group owned Zee Entertainment Enterprises bought
1508-454: The Middle East, and elsewhere. Capacity was expected to rise to around 95 million TEU over the next ten years. In December 2009 Moody's downgraded DP World's financial status to junk after the Dubai 2009 debt standstill . In the second quarter of 2010 DP World gave the go-ahead for construction of the £1.5 billion London Gateway port. Work started in February 2010 with
1560-633: The Senegalese capital Dakar , when President Macky Sall laid the foundation stone. DP World Dakar is a joint venture between DP World and the Port Authority of Dakar. The first phase of the project will include 840 metres of quay and a 5 kilometres marine channel designed to handle 366-metre vessels. The second phase will add 410 metres of container quay and further dredging to handle 400-metre vessels. Because of company's continued business with Russia amid Russian invasion of Ukraine , DP World
1612-452: The UK ministers to cut ties with the firm due to its controversial business deals with Rosatom . [REDACTED] Container terminals [REDACTED] Non-container terminals DP World has a portfolio of 78 operating marine and inland terminals supported by over 50 related businesses in 40 countries across six continents. The table below lists current terminals and new developments managed by DP World. DP World has been certified as
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1664-547: The UN counter-piracy trust fund. The inaugural conference was attended by more than 65 governments and representatives of international organisations, including the United Nations and more than 120 leaders from maritime industry related companies. In 2016 a US$ 442 million agreement was reached between DP World and the government of Somaliland . The deal involves enhancing and operating the regional trade and logistics hub at
1716-643: The US ports were sold shortly afterwards. P&O operated major US port facilities in New York , New Jersey , Philadelphia , Baltimore , New Orleans , and Miami . Before the deal was secured, the arrangement was reviewed by the Committee on Foreign Investment in the United States headed by the US ;Treasury Department and including the Departments of State , Commerce , and Homeland Security . It
1768-523: The Zee board rejected it. Zee Board replied to Invesco's open letter saying they didn't care about the company, and Invesco is not motivated by concerns related to any corporate governance issue but "by the events that transpired during February–April 2021 pointing Invesco purposed deal with Reliance Industries . On 21 October, Bombay High Court asks the Zee board to call EGM as demanded by shareholder Invesco, and Counsel appearing for Zee Entertainment said
1820-651: The company acquired the majority stake of the Reliance Broadcast Network. It also planned to acquire 9X Media in October 2017 for the cost of ₹ 160 crore , however, the plan fell through in March 2018. A partially-owned subsidiary, Diligent Media Corporation, is a publisher of Indian daily newspapers and websites. DMC is a joint venture between Zee and the Dainik Bhaskar Group. In 2018, Zee launched Zee Theatre , which offers
1872-523: The company launched the premium movie channel Zee Cinema, the first channel of its sort in the country. Until 1999, programming was done by Star TV . In the following years Zee Cinema has also catered to international markets like South-East America, Europe , Middle East , North Africa , Pakistan , Indonesia and Asia Pacific and the Rest of Africa . Zee Cinema (Canada) is available in Canada as
1924-662: The company raised $ 3.25 billion in Islamic and conventional bond sales to refinance existing debt and fund expansion and issued 3.818 billion shares, representing 20% of the company on the NASDAQ Dubai stock exchange in November 2007 in what was the Middle East's largest initial public offering (IPO) which raised 4.96 billion dollars. By 2008 the company was handing 46.8 million TEU worldwide, up 8% on 2007, with expansion and development projects in India, China,
1976-554: The company will inform the date of the EGM by the morning of October 22. On 22 October, Zee replied to the court that the board can't give a nod to something that will turn out to be illegal. so HC postponed hearing of the Zee-Invesco matter to October 26.and on October 26 Bombay High Court has restrained Invesco from taking any action in furtherance of their requisition notice (to call an EGM). On 7 December, Invesco headed towards
2028-502: The launch of Expo 2020 , DP World unveiled its new corporate identity. DP World is an official premier partner of Expo 2020. On 17 March 2022, P&O Ferries sacked its entire British work force and abruptly suspended its operations, cancelling all sailings and offloading passengers and cargo. Eight hundred UK staff were told in a video call that their employment was "terminated with immediate effect due to redundancy", and that their work would in future be undertaken by staff contracted to
2080-656: The lead partner of McLaren APEX, McLaren’s off-track business-to-business event programme, promoting influential collaborations across McLaren’s expansive partner network and beyond. 24°59′N 55°05′E / 24.983°N 55.083°E / 24.983; 55.083 Zee Entertainment Enterprises Zee Entertainment Enterprises ( ZEEL ) (formerly Zee Telefilms ) is an Indian media conglomerate . Headquartered in Mumbai , it has interests in television, print, internet, film, and businesses related to mobile content, and operates 45 channels worldwide. In April 1995,
2132-738: The league was formally named the International League T20, with the dates for the first season also being confirmed. Matches in Season 1 were played using standard Twenty20 formats, statistics were not included in official records because Emirates Cricket Board is not a full-member of the International Cricket Council . ILT20 becomes first Associate-run franchise league to get 'official' List-A status in December 2023. The International League T20 (ILT20)
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2184-469: The main demands was the removal of Punit Goenka , son of the Zee Network founder. However Zee board rejects a demand from Invesco to convene an extraordinary general meeting. Invesco Developing Market Funds Moves to National Company Law Tribunal (NCLT) and Bombay High Court seeking a mandatory order for Zee Enterprises Entertainment Limited (ZEEL) to call the extraordinary general meeting (EGM) that
2236-399: The media rights of this league for ten years from 2023 to 2032 at a cost of US$ 120 million. (Also see approx. $ 10.2 million a year) International Broadcasters DP World DP World is a multinational logistics company based in Dubai , United Arab Emirates . It specialises in cargo logistics, port terminal operations, maritime services and free trade zones . Formed in 2005 by
2288-421: The merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted for by their 82 marine and inland terminals present in over 40 countries. Until 2016, DP World was primarily a global port operator, but since then, it has acquired other companies up and down
2340-779: The plans. The method of the expulsion, overseen by ex-military security guards, has been criticised by government and business leaders, and Mark Russell, a non-executive director of DP World, resigned afterwards in disagreement. P&O Ferries had recently seen losses during the COVID-19 pandemic as well as deficits in its pension fund. Industry sources have also cited its high overheads and competition from Irish Ferries as contributory factors. Verity Slater, expert in maritime employment law at Stephens Scown, commented that P&O may not have to follow UK employment laws, since some of its ships are not registered in Britain. In November 2023,
2392-428: The port due to open in the fourth quarter of 2013. By April 2011, Moody's upgraded DP World's financial status to 'investment grade' . Since December 2010, DP World has undertaken a series of asset disposals, exiting markets where it does not have a significant presence and seeking to redeploy funds in fast-growing markets. On 20 February 2019, DP World announced it had repurchased P&O Ferries from Dubai World in
2444-527: The promoter holding in Zee Entertainment Enterprises to a global strategic investor. On 2 April reports said that some other promoters were willing to sell their shares worth ₹ 332 crore. On 3 April media reported Sony and Zee Entertainment Enterprises deal off amid valuation differences which opened the door for Comcast-Atairos. On 1 August media reports Invesco Oppenheimer Fund to buy 11% stake in Zee Entertainment. In September 2021, it
2496-422: The shareholder has been demanding. On 11 October 2021 Invesco write an open letter to the other shareholders saying they are disappointed that the leadership of Zee has resorted to a reckless public relations campaign in response to the overwhelming demand from shareholders for leadership changes at Zee network. also, they implemented that they tried to merge Zee with some other Indian company in early 2021 but
2548-405: The teams. Three original IPL franchises owners (i.e. the owners of Kolkata Knight Riders , Mumbai Indians , Delhi Capitals ) also got the chance to sign up to four players from their current IPL squads. The UAE-based ILT20, one of the major franchise-run T20 leagues around the world despite being just a season old because of the quality of players it has attracted, has been given List A status by
2600-399: Was given the green light, but soon after, both Democratic and Republican members of Congress expressed concern over the potential negative impact the deal would have on port security. On 22 February 2006, President George W. Bush threatened to veto any legislation passed by Congress to block the deal, which would be the first time in his presidency he would exercise the privilege. In
2652-680: Was previously under review, after Louise Haigh called DP World’s subsidiary, P&O Ferries, a "rogue operator" for sacking 800 seafarers in March 2022. She had also urged consumers to boycott the company. Offended by Haigh’s comments, DP World had threatened to pull out of the investment summit. However, Sultan Ahmed bin Sulayem later confirmed to attend the summit and for the investment to go ahead as planned. On 27 October, Ukraine’s Oleksandr Merezhko condemned DP World’s cooperation with Moscow, referring to Russian involvement in Ukraine war. He urged
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#17327977759082704-485: Was reported that Invesco Developing Markets Funds and OFI Global China Fund LLC, who jointly holds a 17.88% stake, wanted Punit Goenka (also the son of founder) to step down as MD and CEO. It was also reported that Essel Group owns a sum of 3.99% minority stake. In 2024, Zee Entertainment Enterprises partnered with Sony Pictures Entertainment. On 22 September 2021, the company announced its intent to merge with Sony Pictures Networks India . Sony Pictures will hold
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