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Zee Sony merger: End of the road? Sony withdraws agreement to merge India ops with Zee from NCLT

Sony Group Corp. reportedly withdrew its agreement to merge with Zee Entertainment Enterprises Ltd. from India's National Company Law Tribunal, officially terminating the $10 billion media giant plan. Sony had earlier sent a termination notice to Zee on Jan. 22, alleging failure to meet merger conditions. The collapse leaves Sony and Zee vulnerable as rivals like Reliance Industries and Walt Disney create a formidable entity in India's media sector.

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Lenten-friendly menus in Baton Rouge | Food/Restaurants

We get it. Sometimes one can only eat catfish and fries so many times during the Lenten season. Because of the plethora of seafood options in Baton Rouge, it isn't

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ZEE shares in focus as firm expands role of its independent advisory committee

ZEE board approved to amend the nomenclature of the committee from “An Independent Advisory Committee” to ‘An Independent Investigation Committee”.



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F&O Ban List: Indus Towers, Zee among 5 stocks under trade ban on Wednesday

The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

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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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F&O Ban List: Canara Bank, SAIL among 5 stocks under trade ban on Tuesday

Ashok Leyland, Biocon, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, Piramal Enterprises, PVR Inox, RBL Bank have moved out of the ban.

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zee: Zee expands scope of advisory panel to include investigation assessment

The announcement by the company comes amid the ongoing probe by market regulator Sebi against its promoters for alleged fund diversion. Last week, the company announced constituting of independent advisory panel to curb erosion of its investor wealth in the wake of speculations leading to negative public opinion of the company.

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