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Mumbai Police probes ₹350-cr fraud claim against Percept CMD, 26 others
Mumbai Police probes ₹350-cr fraud claim against Percept CMD, 26 others

Time of India

time2 days ago

  • Business
  • Time of India

Mumbai Police probes ₹350-cr fraud claim against Percept CMD, 26 others

Mumbai: The Mumbai Police has begun a preliminary enquiry (PE) into a complaint by entrepreneur Shailendra Mangal Singh, alleging a ₹350 crore fraud against his brother, Harindrapal (Harindra) Mangal Singh, chairman and managing director of Percept Ltd, and 26 others, including directors of Percept Live, Big Tree Entertainment (parent of BookMyShow ) and Spacebound Web Labs . The PE, registered on Wednesday, names 27 entities and individuals, including company directors, investors and registrars of trademarks and companies. Officials said that no first information report (FIR) had been lodged yet, as the matter was still at the assessment stage. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program When contacted, Harindrapal Mangal Singh said he had not received any summons from the police and refused to comment on the case. Queries emailed to BookMyShow remained unanswered till press time. According to the police, the case stems from a 2017 family settlement under which the two brothers agreed to equally divide their business interests, with Shailendra first resigning from all company directorships. He has alleged that after his resignation, while he remained a shareholder, Harindrapal - in collusion with others - transferred the Sunburn intellectual property (IP) trademarks, which according to the complainant are valued at about ₹600 crore, to Spacebound Web Labs for just ₹57,000, without an authorised valuation or his consent. Live Events According to people with knowledge of the matter, Shailendra has stated in his complaint that he had successfully launched multiple entertainment and media IPs, including Sunburn - billed as India's first international music festival - in 2007, when he was the creative head and one of the joint managing directors and promoters of Percept Ltd. Shailendra has claimed that he and other family members were defrauded when the Sunburn IP was sold by Percept Ltd. to Percept Live for ₹65 crore - an amount neither received by Percept Ltd. nor by him or any family member. He further alleged that the IP was later undervalued and transferred from Percept Live to Spacebound Web Labs while Percept Live was under the corporate insolvency resolution process and subject to a moratorium on its assets, a senior official told ET on condition of anonymity, citing the complaint. The complaint also alleged that Harindrapal later acquired a 40% stake in Spacebound Web Labs, subsequently selling 25% of that stake for ₹36 crore. The alleged undervaluation and sale, Shailendra claimed, deprived him of benefits from the brand, causing losses estimated at ₹350 crore. Police officials said a PE allows investigators to summon individuals linked to the case under certain sections of the Code of Criminal Procedure. "While so far nobody has been summoned, they will be called to join the probe in due course," said a senior police official.

Akon returns to India: Grammy-nominated star announces electrifying 2025 tour
Akon returns to India: Grammy-nominated star announces electrifying 2025 tour

Hans India

time08-08-2025

  • Entertainment
  • Hans India

Akon returns to India: Grammy-nominated star announces electrifying 2025 tour

The wait is over — global music sensation Akon is officially set to return to India in 2025, sending fans into a frenzy. After months of anticipation, the Grammy-nominated hitmaker behind timeless tracks like 'Smack That,' 'Lonely,' and Bollywood favourite 'Chammak Challo' from has announced a three-city tour that promises to be nothing short of iconic. Brought to life by White Fox, with Percept Live as co-producer, the Akon India Tour 2025 will light up arenas on November 9 in Delhi, November 14 in Bengaluru, and November 16 in Mumbai. For three unforgettable nights, Akon will deliver a powerhouse performance that fuses his chart-topping hits with the magic of a live arena experience. 'India has always shown me so much love — it's like a second home,' Akon shared in a statement. 'The energy, the culture, the fans… it's on another level. I'm beyond excited to be back and perform live for y'all. This tour is gonna be something special — let's make history together!' With tickets already in high demand, HSBC cardholders will enjoy early access from August 8 at 1 PM, while general ticket sales go live on August 10 at 10 PM exclusively via District by Zomato. White Fox co-founder Aman Kumar added, 'Bringing Akon back to India is a celebration. This is the night fans have been waiting for. We promise an extravagant experience that will be remembered for years to come.' As the countdown begins, social media is buzzing with nostalgic throwbacks, fan videos, and anticipation. Akon's return is more than a concert — it's a cultural moment for an entire generation that grew up dancing, dreaming, and falling in love to his music.

Chammak Challo-Fame Global Pop Sensation Akon To Perform In Mumbai In November
Chammak Challo-Fame Global Pop Sensation Akon To Perform In Mumbai In November

News18

time03-08-2025

  • Entertainment
  • News18

Chammak Challo-Fame Global Pop Sensation Akon To Perform In Mumbai In November

Published By : Last Updated: August 03, 2025, 08:35 IST Chammak Challo-fame Akon to perform In Mumbai in November. In an exciting update for all the music lovers out there, pop sensation Akon will be performing in India this November. Spearheaded by White Fox, with Percept Live onboard as the co-producer, the 'Chammak Challo' singer will set the stage on fire in Delhi on November 9. His next performance will be in Bengaluru on November 14, followed by a gig in Mumbai on November 16. The tickets for Akon's shows are already among the most coveted in the country. While HSBC cardholders will get early access to these tickets from August 8 at 1 PM, others can purchase their tickets from August 10 at 10 PM. The tickets will be available exclusively on Distrito by Zomato. Sharing his excitement of performing in India, Akon stated that India has always shown him so much love that it is like a second home to him. 'The energy, the culture, the fans… it's on another level. I'm beyond excited to be back and perform live for y'all. This tour is gonna be something special — let's make history together!," the 'Smack That' singer added. From the first note of 'Right Now (Na Na Na)" to the final chorus of 'Don't Matter," this tour is set to ignite some fond memories. Aman Kumar, co-founder of White Fox, added, 'Bringing Akon back to India is a celebration. This is the night fans have been waiting for. We promise an extravagant experience that will be remembered for years to come." Apart from Akon, Grammy-winning singer Enrique Iglesias will also be performing in Mumbai later this year, marking the return of the Spanish singer to India after a long gap of 13 years. In the recent past, several international bands and artists such as Guns N' Roses, Coldplay, Bryan Adams, Maroon 5, Alan Walker, Glass Animals, and Dua Lipa have performed in India. (This story has not been edited by News18 staff and is published from a syndicated news agency feed - IANS) Shreyanka Mazumdar Shreyanka Mazumdar is Chief Sub Editor of the entertainment team at News18. With an unbridled passion for all things Bollywood, she loves deep-diving into the glitz and glamour of the entertainment world, bring... Read More Shreyanka Mazumdar is Chief Sub Editor of the entertainment team at News18. With an unbridled passion for all things Bollywood, she loves deep-diving into the glitz and glamour of the entertainment world, bring... Read More Check latest Bollywood news updates, events and award shows, upcoming hindi movies releases, exclusive interviews, box office collections, reviews, trailers, and more! Download the News18 App view comments News movies » bollywood Chammak Challo-Fame Global Pop Sensation Akon To Perform In Mumbai In November Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Akon to perform in Delhi, Bengaluru and Mumbai as part of India tour in November
Akon to perform in Delhi, Bengaluru and Mumbai as part of India tour in November

Mint

time02-08-2025

  • Entertainment
  • Mint

Akon to perform in Delhi, Bengaluru and Mumbai as part of India tour in November

Grammy-nominated pop star Akon is set to return to India this year with a multi-city concert tour. The singer, known for global hits like Smack That and Lonely, will perform in Delhi, Bengaluru, and Mumbai as part of his India Tour 2025. The tour is being organised by event company White Foxin partnership with Percept Live. Akon will take the stage in Delhi on November 9, followed by Bengaluru on 14 November, and Mumbai on November 16. Akon, who has a strong fan base in India, especially after lending his voice to popular Bollywood tracks like Chammak Challo and Criminal from Shah Rukh Khan's expressed his excitement about the tour. 'India has always shown me so much love — it's like a second home. The energy, the culture, the fans… it's on another level. I'm beyond excited to be back and perform live for y'all. This tour is gonna be something special — let's make history together!' he said in a statement. Aman Kumar, co-founder of White Fox, called the singer's return a major event for fans. 'Bringing Akon back to India is a celebration. This is the night fans have been waiting for. We promise an extravagant experience that will be remembered for years to come,' he said. Tickets for the tour will go on general sale from August 10, exclusively on District by Zomato. HSBC cardholders will get early access from August 8. Mononymously known as Akon, Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam, rose to prominence in 2004 following the release of his single "Locked Up". The Shah Rukh Khan starrer film hit song Chammak Challo was co-composed by Akon and was recorded at the Yash Raj Studios.

Mumbai gets a surprise as Dhanush sings 'Adangaatha Asuran' at AR Rahman's concert. Watch video
Mumbai gets a surprise as Dhanush sings 'Adangaatha Asuran' at AR Rahman's concert. Watch video

Time of India

time05-05-2025

  • Entertainment
  • Time of India

Mumbai gets a surprise as Dhanush sings 'Adangaatha Asuran' at AR Rahman's concert. Watch video

AR Rahman's Mumbai concert as part of 'The Wonderment Tour' at DY Patil Stadium was a resounding success, drawing over 40,000 fans. The event featured performances by various artists, including Sukhwinder Singh and Jonita Gandhi. Dhanush made a surprise appearance, electrifying the crowd with his rendition of "Adangaatha Asuran," adding to the night's unforgettable musical experience. Tired of too many ads? Remove Ads Actor Dhanush created a wave of excitement at AR Rahman's concert in Mumbai with a surprise appearance that left fans in awe. The concert, part of Rahman's 'The Wonderment Tour', took place at DY Patil Stadium in Navi Mumbai as a highlight of the WAVES Summit 2025. With more than 40,000 fans in attendance, the night unfolded as a grand celebration of music, culture, and creative event opened with fresh performances by The Yellow Diary, Anubha Bajaj, and Ridáy, who energized the crowd with their distinctive sounds. The atmosphere escalated as celebrated playback singers including Sukhwinder Singh, Jonita Gandhi, AR Ameen, and Zanai Bhosle joined Rahman on stage, creating a rich musical tapestry that captivated the biggest surprise came when Mohit Chauhan and Dhanush stepped on stage. Dhanush thrilled the audience with a fiery rendition of 'Adangaatha Asuran' from Tamil film Raayan, a track he recorded with Rahman. His powerful stage presence and energetic performance turned the stadium into a sea of cheering the evening, Rahman took the audience on a journey through Rahman's iconic discography, performing timeless hits such as 'Jai Ho,' 'Aaye Re Toofan,' 'Jinguchaa,' and 'Vande Mataram.' Each song was met with roaring applause, as the crowd immersed themselves in the magic of Rahman's by Shiamak Davar elevated the experience, blending dance and music into a mesmerizing spectacle. The concert wasn't just about entertainment—it was a full-fledged sensory celebration. The visual and musical grandeur reflected a shared vision between AR Rahman, Percept Live, and other collaborators, aimed at uniting people through the universal language of music.

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