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Thursday, June 25, 2026 11:07 PM

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Maj. Gen. B. D. Wadhwa, AVSM, Pro-Chancellor (Emeritus), IILM University, Greater Noida, UP Emphasizes on Skilling, AI Integration, and Industry-Academia Alignment

We have a very senior academician and a defence personnel, Major General B. D. Wadhwa, AVSM, Pro-Chancellor (Emeritus), IILM University, Greater Noida. We welcome you to today’s event. Thank you so much. I’m happy to be here for two reasons. Firstly, because I have served here for long, long years, so I was looking forward to coming here. Secondly, from the academic point of view, Assam means a lot to us. And of course, your platforms have always been a source of learning. That’s why I thought I must attend this platform. A person of your stature — from defence to academia — what was the thought process behind this transition, and how has the journey been so far? You see, I was always bent more towards academics. I left home at the age of 15 years and 10 months when I had just passed Class 11. After four years of training, somehow I did well. Thanks to the Government of India and the people of India — I’ll put it that way — I did my B.Tech in Mechanical Engineering, my M.Tech in Mechanical Engineering, another M.Tech in Instrumentation Technology, and my Master’s in Management. I was also a faculty member for a good 11 years while serving in the Army. Therefore, I always wanted to come into the academic sector. If you ask me what the difference is — well, there is a lot of difference. The way we teach and the way we impart knowledge to our students differs. Outside, at least in the private sector of higher education in India, there is, in my thinking, some laxity. In my university, therefore, I have tried to remove that laxity. Everybody is talking about digitalisation and skilling. What initiatives is your institute taking under your leadership? That is moving towards Artificial Intelligence. You spoke about robotics. The days have come when, in my College of Engineering, we have removed the traditional streams of Mechanical Engineering, Chemical Engineering, Automobile Engineering, and Electrical Engineering. There are hardly any students in those streams. If you have 1,000 admissions, out of those, 920 want to go into Computer Science alone. So that is the thought process in the environment, and we are tuning ourselves and changing ourselves by inducting more and more technology into our curriculum. Now, you asked me about skilling. Today, there is no other way. The way the Indian corporate sector has changed — until you are perfect in your soft skills, your hard skills, and your personality is above standard and above average — you are nowhere. Gone are those days when a CGPA of 9 or 90% marks could help you get a job. No. I may have 70%, but if my personality is better than yours, I could get a job and even a higher salary than you. I have seen these changes over the last 20 years. Accordingly, we have brought in a lot of training infrastructure focused on skills and personality building for our students. That is important. How is the participation in terms of admissions happening, sir? Is it from Central India, South India, or the Northeast? As far as Greater Noida is concerned, there are about six universities and around two dozen standalone institutions. Nobody comes from New Delhi to Greater Noida. Nobody comes from Mumbai, the South, or Ahmedabad. Why would they come to Greater Noida? So where are the crowds coming from? There are about 60,000 students in Greater Noida. The bulk — 90% to 95% — come from West Bengal, distant places of Uttar Pradesh, distant places of Madhya Pradesh, Odisha, and Assam. I have tried to go beyond Odisha and Assam. The efforts I have put in have brought some results, but we are still lacking a little. It will take time to bring about that kind of awakening — more so among the parents and faculty. The Northeast is going to take time to come up to the level of the corporate sector that we have elsewhere. So these are the places that are feeding students to Greater Noida. In forums like the ArdorComm Education Leadership Summit and Awards, where we see academicians, corporate leaders, and government representation — how does this help the larger community? It is very important for corporate people to tell the students and academicians what exactly they are looking for. This hasn’t yet been fully brought out. I’m sure in the subsequent panels it will be. It is equally important for academicians to understand what corporates are looking for, go back, and train their students accordingly. Like I said, those days of relying only on high percentages are over. What are your takeaways from today’s event since morning? So far, a lot has come out. I’m glad many people spoke to me during the tea break. They spoke to the other panellists and to you as well. I’m happy that some awakening has already begun. Now, they have to carry this awakening and the lessons from here back to their tribes, villages, and locations. Only then will there be real benefit from such hard work and from the kind of dedicated platforms you are providing.  

Maj. Gen. B. D. Wadhwa, AVSM, Pro-Chancellor (Emeritus), IILM University, Greater Noida, UP Emphasizes on Skilling, AI Integration, and Industry-Academia Alignment Read More »

Dr. Alicia Gatphoh, Vice Chancellor, The ICFAI University Meghalaya, Shares Insights on Reimagining Higher Education in the Digital Era

We would like to know more about your organisation. What are the different streams in your university, and how are students engaging with them? We are a university that is part of a larger group of institutions. The group has 11 universities across India, and The ICFAI University Meghalaya is one of them. Of course, we are based in Tura, with a constituent unit here in Shillong as well. At this point in time, as you know, ICFAI is well known for management. So, we offer management programmes in business as well as tourism. We also offer Computer Science and Humanities. These are mainly the streams we are offering as of now. From which parts of the country do you see admissions and traction for your institution? Mostly, we have students from our own state. However, in our Shillong unit, we do have students from outside the state — not only from other Northeastern sister states but also from other parts of the country. We also have some international students. For example, we have had quite a number from Myanmar. We have had graduating students from Thailand and Bangladesh as well. However, this year, students from Bangladesh who had shown interest could not join due to a hiccup in the paperwork. So yes, that is mainly the demographic of our students. We would like to know your key highlights or pointers on reimagining higher education in the digital era. If you talk about reimagining higher education in the digital era, it is a transformation — a transformation from the traditional model to a digital model. This transformation had already started even before we formally acknowledged it. It took place during the COVID period, when it was thrust upon us and everybody rushed to digitise course content. Some used WhatsApp, some used other platforms, because not everyone — particularly students in rural areas — was familiar with emails and other digital tools. Yes, economically we went through a very bad patch, but if you look at it educationally, we did make a leap. That was the time when we jumped from a purely offline mode of teaching to a blended mode of teaching. And we are now moving towards that digital era. When we imagine the digital era, what do we see? It may look as though the four walls of our classrooms will disappear. But I do not think they should. Today, we hear about robots as teachers. Yes, they will deliver what you feed them. But what about the academic connectivity between the teacher and the thought process? A robot may deliver content, but what about the human aspect — the analysis that a teacher brings? A teacher knows students inside and out, as we say. A teacher can understand the student. But will a robot or a humanoid be able to do that? It will only deliver what it is fed. So, what I feel is that AI tools and data should be used as tools — not as masters. I do not agree that they should become masters. They should remain tools. Otherwise, where do we go as human beings? If we move into a digital era in higher education, we must also talk about ethics. Robots cannot teach ethics — only human beings can. AI is important, but it should remain a tool. Higher education must not become merely a place for the consumption of knowledge. Universities now have to become places for the creation of knowledge. What are your takeaways from today’s event? We have been witnessing this event since morning. Please share your experience. The takeaway is that we learn from each other. Everyone has a different approach. We came to know what one university is doing and what another is not doing. Collaborations can happen — among universities as well as with other organisations present here. I had discussions with several of them. The takeaway is that we are moving into an era — in the near future — of collaboration and working together. This brings us together as human beings, irrespective of religion, caste, location, or place of stay. We come together as one united human mankind. That is my takeaway today.  

Dr. Alicia Gatphoh, Vice Chancellor, The ICFAI University Meghalaya, Shares Insights on Reimagining Higher Education in the Digital Era Read More »

1 in 7 Stroke Patients in India Below 45, Says National Registry Analysis

Nearly one in seven stroke patients in India is under the age of 45, while delayed hospital arrival continues to undermine survival and recovery, according to findings from the country’s largest hospital-based stroke registry study published in the International Journal of Stroke. The analysis, led by Prashant Mathur of the ICMR–National Centre for Disease Informatics and Research (ICMR-NCDIR) along with investigators from the National Stroke Registry Programme, reviewed 34,792 stroke cases recorded across 30 hospitals between 2020 and 2022. The mean age of patients was 59.4 years, but 13.8 per cent were younger than 45, highlighting the rising burden of stroke among younger Indians. Men accounted for 63.4 per cent of cases, while 72.1 per cent of patients were from rural areas, underscoring disparities in awareness, prevention and access to timely care. Hypertension emerged as the most significant risk factor, present in 74.5 per cent of patients. Diabetes affected 27.3 per cent, smokeless tobacco use 28.5 per cent, tobacco smoking 22.6 per cent and alcohol consumption 20.2 per cent. The study observed gender differences, with women showing higher rates of hypertension and diabetes, while men reported greater tobacco and alcohol use. Timely treatment remains a major challenge. Only 20 per cent of patients reached hospital within the critical 4.5-hour window for emergency stroke therapy, while 37.8 per cent arrived after 24 hours. Consequently, just 4.6 per cent of ischemic stroke patients received intravenous thrombolysis and 0.7 per cent underwent mechanical thrombectomy. Delayed hospital arrival, imaging bottlenecks and limited availability of medicines were cited as key barriers. Ischemic strokes accounted for 60 per cent of cases, while intracerebral haemorrhage comprised 34.2 per cent. Dr Manjari Tripathi, Head of Neurology at the All India Institute of Medical Sciences (AIIMS Delhi), stressed the urgency of rapid response. She emphasised that patients should reach hospital within three hours, undergo immediate brain imaging and receive thrombolysis without delay if eligible, noting that every minute of delay leads to irreversible brain damage and long-term disability. Outcomes remain severe. In-hospital mortality stood at 13.9 per cent, rising to nearly 28 per cent at three months, suggesting many deaths occurred after discharge. Overall, more than half of patients experienced poor outcomes — defined as death or significant disability. Women were more likely than men to have disability at follow-up, indicating possible gaps in rehabilitation and post-discharge care. Recurrent stroke within three months was reported in 1.1 per cent of patients. Researchers called for stronger control of hypertension and diabetes, tobacco cessation efforts, faster referral systems and improved access to acute stroke care, particularly in rural India. Without stronger prevention and rapid treatment systems, they warned, stroke will continue to affect younger populations and leave families facing avoidable disability. Source: TNN

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AI Could Hit Global Jobs Like a ‘Tsunami’, Warns IMF Chief

Artificial intelligence could reshape the global labour market with the force of a “tsunami”, potentially disrupting millions of jobs and rattling financial systems, cautioned Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). According to IMF estimates, nearly 40 per cent of jobs in emerging economies and about 60 per cent in advanced economies could be affected by AI. While the technology is expected to eliminate certain roles, it will also enhance and create others. However, Georgieva acknowledged that policymakers still lack clear strategies to help workers transition smoothly into the evolving AI-driven economy. She warned that AI could exacerbate inequality within and across nations, favouring countries and individuals with advanced technological capabilities while leaving others behind. Unchecked expansion of AI, she said, may also create instability in financial markets. Despite the concerns, Georgieva highlighted AI’s significant growth potential. The technology could lift global output by nearly 0.8 percentage points, pushing economic growth beyond pre-pandemic levels and opening new avenues for employment. For India, she noted, such momentum could support its ambition of becoming a developed nation under the “Viksit Bharat” vision. The IMF chief emphasised that countries investing in digital infrastructure, skill-building, and AI adoption will be better positioned to benefit. She outlined three key risks: widening inequality between technological “haves” and “have-nots,” threats to financial stability, and large-scale job displacement. The IMF has earlier cautioned that rapid AI-related investments, particularly in the US, could risk forming a speculative bubble reminiscent of the early 2000s dot-com crash. Source: TNN

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Revival of Assam State Transport Corporation (ASTC)

A Transformational Turnaround under Sri R.C. Jain, IAS (Retd.) Introduction Urban transport discussions often focus on intra-city mobility. However, it is inter-city transport that drives regional growth. In Assam, inter-urban transport was once almost entirely managed by the Assam State Transport Corporation (ASTC), while private operators handled city services. Until 1988, ASTC enjoyed near monopoly in inter-city operations. But policy changes under the Central Motor Vehicles Act, 1988, combined with severe internal mismanagement, pushed ASTC to the brink of collapse. What followed, however, became one of India’s earliest and most successful experiments in Public-Private Partnership (PPP) in passenger transport. Before 1988: A Stable Giant Established in 1948; corporatized in 1970 Fleet strength: 500+ buses Strong infrastructure across districts Protected from private competition Operationally profitable (though declining) Post-1988: Rapid Decline With private operators entering inter-city routes, ASTC faced stiff competition. Internal weaknesses worsened the crisis: Overstaffing: 6,123 employees Staff–bus ratio: 70:1 (ideal: 6:1) Salaries unpaid for 14 months CPF dues pending for 13 years Retirement benefits unpaid for 14 years Total liabilities: ₹150 crore Only 70 buses operational (300 off-road) Dilapidated bus stations Demoralized workforce ASTC stood on the verge of closure. The Turning Point: Leadership of Sri R.C. Jain (2000) In August 2000, Sri R.C. Jain took charge as Managing Director and launched a bold revival plan based on structural reform + private participation. Despite strong protests, reforms began immediately. The Revival Strategy Voluntary Retirement Scheme (VRS) 1,807 employees opted for VRS Monthly savings: ₹81 lakh First State PSU in India to receive Planning Commission grant for VRS Staff strength rationalized toward optimal levels Self-Employment Scheme (PPP Model) – 2001 The masterstroke of revival. Private bus owners were brought under ASTC’s operational umbrella. Why Private Operators Joined ASTC: Access to ASTC terminals statewide Freedom from private syndicate entry fees Cheaper repair facilities at ASTC workshops Centralized ticketing and scheduling Protection from arbitrary vehicle interception Marketing support (scratch card incentives) Route tracking services Revenue Model: ₹5,000 registration fee ₹10,000–20,000 refundable security deposit 10% of fare revenue or fixed per-km charge (whichever higher) Operating and repair costs borne by owner Gains for ASTC: Revenue without capital investment Productive use of idle infrastructure Regulated scheduling Employment opportunities for youth Protection for small operators This became one of the first PPP transport models in India. Station-Based Zero Inventory Management For ASTC’s own buses: Station Superintendents made vehicle-wise responsible No central spare inventory Incentive: 20% bonus on additional earnings Best Driver & Best Mechanic awards introduced One-time government grant revived grounded buses 34 new buses purchased Fleet strength increased from 70 to 280 buses. ASTC also introduced: Air-conditioned buses Low-floor buses Cargo & courier services Advertisement monetization Bus Station Renovation – Zero Investment Model Public participation encouraged Commercial shop spaces developed Rental income used for station renovation Surplus funds helped clear liabilities Support from Transport Minister Sri Anjan Dutta New Revenue Streams Diesel agreement with Indian Oil Corporation at concessional rates Sale of diesel to private operators Bulk procurement of tyres & batteries for resale Tyre rethreading services Bus advertisement rights monetized The Outcome All employee dues cleared CPF and retirement benefits paid Liabilities settled ASTC turned profitable Surplus fund generated When Sri R.C. Jain was transferred in October 2005, ASTC was financially stable and operationally revitalized. Conclusion The revival of ASTC stands as a landmark case of visionary leadership, bold reform, and innovative Public-Private Partnership. What seemed an inevitable collapse transformed into a sustainable, profitable model — protecting employees, empowering private operators, and serving millions of commuters across Assam. It remains a powerful example of how administrative courage and structural reform can revive even the most distressed public institutions.  

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UGC Flags 32 Fake Universities Across India; Delhi Tops List With 12

The University Grants Commission (UGC) has identified 32 institutions across India as fake universities, warning students that degrees issued by these entities are invalid for employment and higher education. In a public notice released in February 2026, the UGC — a statutory body under the Department of Higher Education, Ministry of Education — clarified that these institutions are not recognised under Sections 2(f) and 3 of the UGC Act. The Commission emphasised that only universities established by a Central or State Act, or those declared as deemed universities under the Act, are authorised to award valid degrees. Delhi Records The Highest Number Delhi has the highest number of such institutions, with 12 entities operating without recognition. Uttar Pradesh follows with four, while several other states and Union Territories have reported one or two such cases. State-Wise Count Of Fake Universities (As of February 2026) Delhi – 12 Uttar Pradesh – 4 Andhra Pradesh – 2 Karnataka – 2 Kerala – 2 Maharashtra – 2 Puducherry – 2 West Bengal – 2 Arunachal Pradesh – 1 Haryana – 1 Jharkhand – 1 Rajasthan – 1 The UGC has advised students and parents to verify the recognition status of institutions through its official website before taking admission. It reiterated that degrees awarded by unrecognised institutions hold no legal validity and will not be accepted for jobs or further studies. The Commission’s move aims to protect students from fraudulent institutions and maintain the integrity of India’s higher education system. Source: NDTV

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A. R. Rahman Agrees in Supreme Court to Credit Junior Dagar Brothers for ‘Veera Raja Veera’

Oscar-winning composer A. R. Rahman on Friday informed the Supreme Court of India that he would formally acknowledge the contribution of the Junior Dagar Brothers in the song Veera Raja Veera from the film Ponniyin Selvan: II. A Bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi recorded Rahman’s submission and disposed of the plea, describing the individuals involved as “reputed names of the music industry”. Senior advocate Abhishek Manu Singhvi, appearing for Rahman, told the court that the composer would update the song credits to read: “Composition inspired by Dagarwani tradition Dhrupad, first recorded as ‘Shiv Stuti’ by late Ustad Nasir Faiyazuddin Dagar and Ustad Nasir Zahiruddin Dagar, popularly known as Junior Dagar Brothers.” The matter arose from a plea filed by Dhrupad vocalist Ustad Faiyaz Wasifuddin Dagar challenging a September 2025 order of the Delhi High Court. The High Court had observed that there was no prima facie material to establish that the Junior Dagar Brothers — Ustad Nasir Zahiruddin Dagar and Ustad Nasir Faiyazuddin Dagar — were the authors of the classical rendition Shiv Stuti. The Supreme Court noted that the revised credit would be reflected across social media and OTT platforms within five weeks. It also directed Rahman to deposit ₹2 crore, as fixed by the High Court, with the Registrar General on an interim basis. Clarifying its position, the Bench stated that it had not expressed any opinion on the merits of the dispute and that the pending civil suit between the parties would proceed independently, uninfluenced by its observations. Earlier, on February 13, the apex court had suggested that Rahman and the makers of Ponniyin Selvan: II consider acknowledging the Dagarwani Dhrupad tradition’s contribution to the composition. Faiyaz Wasifuddin Dagar, son of Faiyazuddin Dagar and nephew of Zahiruddin Dagar, has claimed copyright over the original works of the Junior Dagar Brothers, including Shiv Stuti, alleging unauthorised use in the film’s song. Source: PTI

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Sundar Pichai Unveils Google AI Professional Certificate, Announces India-America Connect Initiative

At the Artificial Intelligence Summit in New Delhi, Sundar Pichai, CEO of Google, announced the launch of a new Google AI Professional Certificate programme aimed at strengthening AI skills and deepening technology collaboration between India and the United States. During his keynote address, Pichai also introduced the India-America Connect Initiative, a major digital infrastructure project that will establish new subsea cable routes linking India, the US, and several regions across the southern hemisphere. The initiative is designed to enhance AI connectivity, improve data transfer speeds, and support the growing demand for advanced AI capabilities. Emphasising the need to pair infrastructure growth with talent development, Pichai described the AI certificate programme as one of Google’s most ambitious skilling efforts in India. He noted that as AI creates new opportunities, investing in workforce training is essential to ensure professionals can effectively integrate AI into their work. Reflecting on Visakhapatnam—popularly known as Vizag—Pichai recalled remembering it as a quiet coastal city filled with promise. He said he never imagined it would one day emerge as a global AI hub. As part of its planned $15 billion infrastructure investment in India, Google will establish a full-stack AI hub in the region. The facility will feature gigawatt-scale compute capacity along with a new international subsea cable gateway, a move expected to create jobs and bring cutting-edge AI resources to businesses and communities across the country. The Google AI Professional Certificate is designed to equip learners with both foundational and advanced AI expertise. The curriculum covers key areas such as artificial intelligence fundamentals, machine learning, neural networks, and practical real-world applications. Participants will gain hands-on experience using Google’s AI tools and technologies, enabling them to implement AI-driven solutions in professional settings and explore new career opportunities in a rapidly evolving digital economy. Source: NDTV

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India, France Inaugurate Indo-French Centre for AI in Health at AIIMS Delhi

In a major step to deepen bilateral cooperation in healthcare and emerging technologies, Union Health Minister JP Nadda and French President Emmanuel Macron jointly inaugurated the Indo-French Centre for AI in Health (IFCAIH) at All India Institute of Medical Sciences (AIIMS), New Delhi. The newly launched centre is envisioned as a pioneering platform to accelerate AI-driven research, strengthen medical education, and promote clinical innovation. According to official sources, the IFCAIH aims to tackle complex healthcare challenges while fostering interdisciplinary collaboration between Indian and French institutions. Addressing the gathering, President Macron underlined the importance of developing sovereign AI capabilities. He stressed that India and France must build their own computing capacity and skilled talent to create trusted AI systems, rather than relying entirely on technologies developed elsewhere. He added that artificial intelligence must serve humanity, with strong safeguards for children, algorithmic transparency to reduce bias, and a commitment to preserving linguistic and cultural diversity. The launch of the centre coincided with the Rencontres Universitaires et Scientifiques de Haut Niveau (RUSH) 2026, a high-level academic and scientific forum organised at AIIMS on February 18 and 19 by the French Embassy. A key session titled “Indo-French Forum: AI in Brain Health and Global Healthcare” brought together scientists, clinicians, policymakers, and academic leaders from both nations to explore collaborative solutions in global health. The IFCAIH has been established under a joint Memorandum of Understanding between AIIMS, Sorbonne University, and Paris Brain Institute, with additional collaboration from Indian Institute of Technology Delhi and other leading French institutions. The initiative builds upon ongoing India-France cooperation in priority areas such as digital health, antimicrobial resistance, human resources for health, and the responsible use of health data. As part of the RUSH 2026 programme, President Macron engaged with young Indian innovators, including Priyanka Das Rajkakati and Manan Suri, during an interactive session moderated by Clara Chappaz, spotlighting youth-led innovation and cross-border AI collaboration. The event also featured a special segment at the Jawaharlal Auditorium highlighting major scientific and academic cooperation milestones between France and India. Moderated by Prof. Vijay Raghavan and Dr. Thierry Coulhon, Chairmen of RUSH, the session showcased expanding partnerships in higher education, research, and innovation. Union Minister JP Nadda reaffirmed India’s commitment to strengthening AI-enabled healthcare collaboration with France, noting that the new centre will serve as a catalyst for innovation, capacity building, and global knowledge exchange. President Macron later posted on X that France and India are mobilising AI for research, training, and innovation for the common good, reinforcing the shared vision of ethical, inclusive, and globally beneficial AI in healthcare. Source: ANI

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Warner Reopens Talks with Paramount After Netflix Waiver Amid Ongoing $80B+ Merger Battle

Warner Bros. Discovery has reopened takeover discussions with Paramount Skydance after receiving a temporary waiver from Netflix, even as it continues to recommend its previously agreed merger with the streaming giant. In a regulatory filing on Tuesday, Warner said Netflix had granted it a seven-day window to re-engage with Paramount and address outstanding concerns in its latest proposal. The waiver, valid through Monday, enables the companies to clarify terms and resolve what Warner described as “deficiencies” in Paramount’s bid. Despite reopening talks, Warner’s board reiterated its support for the Netflix transaction. Shareholders are set to vote on the proposed deal at a special meeting scheduled for March 20. Netflix, in a statement, expressed confidence that its offer delivers “superior value and certainty,” while acknowledging the broader industry uncertainty sparked by Paramount’s competing bid. The company characterized the waiver as an opportunity to “finally resolve” the ongoing situation. Paramount, however, described Warner’s decision to impose a time-bound engagement as unusual. It argued that the board could have independently evaluated whether its offer was more attractive. Nevertheless, Paramount confirmed its willingness to participate in constructive discussions and continue pursuing its all-cash tender offer of $30 per share — which it maintains is more favorable than Netflix’s proposal. The company also indicated it could raise its bid to $31 per share, pending further engagement, and is pressing ahead with plans for a proxy battle. The competing offers differ significantly in scope. In December, Netflix agreed to acquire Warner’s studio and streaming operations in a deal valued at $72 billion. Including debt, the enterprise value stands at approximately $83 billion, or $27.75 per share. The transaction would follow Warner’s planned separation of its cable networks business. Paramount, by contrast, is seeking to acquire Warner in its entirety — including assets such as CNN and Discovery — through a $77.9 billion hostile bid. Including debt, that offer values the company at roughly $108 billion, or $30 per share. Analysts at Raymond James noted that if Paramount were to raise its bid to the $32–$33 range, it would become increasingly challenging to argue that the Netflix agreement offers better value. However, they added that Netflix still holds a strategic advantage and could counter with a higher offer if needed. In an effort to win over shareholders, Paramount has sweetened its proposal by introducing a “ticking fee” — 25 cents per share per quarter if the deal does not close by year-end — and has pledged to cover Warner’s $2.8 billion breakup fee owed to Netflix under the existing agreement. Support for Paramount’s tender offer remains limited. As of last week, approximately 42.3 million Warner shares had been tendered and not withdrawn — a fraction of the company’s 2.48 billion outstanding shares — and significantly lower than the 168.5 million shares reported in January. Meanwhile, activist investor Ancora Holdings has voiced opposition to the Netflix deal, adding another layer of complexity to the takeover battle. Regulatory scrutiny looms large over both proposals. Lawmakers have raised antitrust concerns given the scale of the potential consolidation in the media and entertainment sector. The U.S. Department of Justice has begun reviewing the transactions, and other global regulators are expected to examine the deals closely. Both Paramount and Netflix have confirmed they secured securities clearance from German authorities last month. Investor reaction has been measured but positive. Shares of Warner Bros. Discovery climbed more than 3% in Tuesday trading, while Paramount Skydance rose over 5%. Netflix shares edged slightly higher. Source: AP

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