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Zee moves NCLT against Sony; to contest $90 mn claim

Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme.

Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL). ....

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GMR Airports Infrastructure Ltd announces Merger of GMR Airports Ltd with itself

GMR Airports Infrastructure Limited has announced the approval by its Board, of the Composite Scheme of Amalgamation and Arrangement of GMR Airports Limited. ....

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