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Sony India CEO NP Singh assured employees that the company will actively pursue new possibilities for market presence after the failed Sony-Zee Entertainment deal.
Disney Star faces a potential valuation hit of up to $2 billion following the aborted Sony-Zee merger, due to ZEEL disputing a $1.5 billion sub-licensing deal for the ICC. Reliance Industries is closely monitoring the situation, with potential downgrade scenarios prepared for Disney Star.
Zee Entertainment share price opened at ₹208.60 on Tuesday against the previous close of ₹231.75 on the BSE. It extended losses and cracked 25 per cent to hit the lower circuit of ₹173.85 on the BSE.
Indonesian Foreign Minister Retno Marsudi will speak at the International Court of Justice on Israel's occupation of Palestine.
KABIL, a joint venture between NALCO, Hindustan Copper, and Mineral Exploration, has signed an agreement with Argentina's CAMYEN SE to explore and mine lithium. This is first-ever lithium exploration and mining project by a government company of India.