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View: Sony's spurned target shows the pitfalls of tempting Indian M&A

Sony Group Corp. narrowly escapes a risky $10 billion Indian merger after legal intervention, leaving target Zee Entertainment Enterprises Ltd. in dire straits amid mounting legal woes. The saga underscores caution for foreign investors in Indian deals. Zee s financial woes deepen as Sony s retreat prompts uncertainty, leaving room for new suitors like Adani, but with hurdles to clear. ....

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Sun Pharma concludes ESOP plan of former Ranbaxy employees and closes Trust

Sun Pharma concludes ESOP plan of former Ranbaxy employees and closes Trust
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