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Zee-Sony merger: Zee may claim damages from Sony if the deal fails at this stage, says report

Top company sources said that Zee was compelled to close down certain ventures in order to adhere to the merger conditions set by the Competition Commission of India (CCI). If the merger fails at this stage, it will be a huge loss for Zee.
Pawan Goenka Zee Entertainment Limited Sony Pictures Networks India Competition Commission Of India Culver Max Entertainment Sony India

JC Flowers Alleges Non-Compete Arrangement in Zee-Sony Merger Made To Evade Tax, Defraud Creditors: Report

JC Flowers and Co, a creditor of Essel group, has questioned the legality of the non-compete arrangement between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max International Pvt (Sony Pictures), says a report from BQ Prime.
Subash Chandra Ravi Kadam Indian Performing Right Society Bangla Entertainment Pvt Ltd Culver Max Entertainment Pvt Ltd Essel Group

Zee Entertainment: Indian Performing Right Society Files Insolvency Plea Claiming Dues Worth Rs211 crore

The Indian Performing Right Society (IPRS) has filed a petition against Zee Entertainment Enterprises Ltd (ZEEL) in the Mumbai bench of the National Company Law Tribunal (NCLT), claiming a default of Rs211.4 crore in music royalty payments.
Indian Performing Right Society Bankruptcy Application To Adjudicating Authority Zee Entertainment Enterprises Ltd Bank Ltd Bangla Entertainment Pvt Ltd Sony Pictures Networks India

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Hero MotoCorp, Terrafirma in pact for Philippines

Hero MotoCorp on Wednesday announced its plans to enter the Philippines for which it has partnered with Terrafirma Motors Corporation for assembly and distribution of its vehicles. Terrafirma Motors Corporation will be the exclusive assembler and distributor of Hero MotoCorp motorcycles in the Phili
New Delhi Australian Capital Territory Terrafirma Motors Corporation Australian Bureau Of Statistics On Competition Commission Of India Motors Corporation

Zee-Sony to sell three Hindi channels to allay CCI concerns

Culver Max Entertainment or CME (formerly Sony Pictures Networks India) and Zee Entertainment Enterprises have decided to sell off three Hindi channels, Zee Action, Big Magic, and Zee Classic, in order to address the anti-competitive concerns express
Zee Entertainment Enterprises Competition Commission Of India Sony Pictures Networks India Culver Max Entertainment Zee Action Big Magic

Zee & Sony agree to sell three hindi channels to address CCI's anti competition concerns

Mumbai: Sony and Zee have agreed to sell three hindi channels voluntarily – Big Magic, Zee Action, and Zee Classic – in order to address potential anti-competitive concerns raised by their proposed mega-merger. The regulator made public its detailed 58-page order on Wednesday, more than three weeks after giving its approval for the transaction. According to the order, the two
Star India Private Limited Or Viacom Culver Max Entertainment Private Limited Media Private Competition Commission Of India Bangla Entertainment Private Limited Sony Pictures Networks India Pvt Ltd

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