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Zee-Sony Merger Called Off, Sony Seeks US$90mn Termination Fee for Alleged Breaches of MCA

Sony Group Corp has officially notified Zee Entertainment Enterprises Ltd (ZEEL) its plans to call off the merger between its India unit, Culver Max Entertainment Pvt Ltd and ZEEL, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up, says a report from Bloomberg
Punit Goenka Culver Max Bangla Entertainment Pvt Ltd Zee Entertainment Enterprises Ltd Culver Max Entertainment Pvt Ltd Sony Pictures Networks India Pvt Ltd

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Zee-Sony Merger: Sony Sends Termination Letter to Zee to Call Off the US$10bn Deal, Says Bloomberg

Sony Group Corp has officially notified Zee Entertainment Enterprises Ltd (ZEEL) its plans to call off the merger between its India unit, Culver Max Entertainment Pvt Ltd and ZEEL, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up, says a report from Bloomberg
Punit Goenka Zee Entertainment Enterprises Ltd Sony Group Corp Sony Pictures Networks India Private Ltd Culver Max Entertainment Pvt Ltd Group Corp

Maruti Suzuki Asked To Pay Rs1 Lakh Compensation for Misleading Claim on Fuel Efficiency for Zen Car

While upholding orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed Maruti Suzuki India Ltd to pay a compensation of Rs1 lakh for advertising misleading claims about the fuel efficiency of its Zen car.
New Delhi Inder Jit Singh Maruti Suzuki Rajiv Sharma Maruti Suzuki India Ltd Delhi Based Rajiv Sharma

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