#BreakingNews | NCLT approved the merger between an Indian unit of Japan's #Sony & India's #ZeeEntertainment , granting a key regulatory approval in the merger, which was announced in 2021 but has been delayed for multiple reasons.

Read here: https://www.livemint.com/companies/news/zeesony-merger-approved-by-nclt-11691658782266.html

#MintCharts | Following the #Sony-#Zee merger, the stake of Zee promoters will remain unchanged at 3.99%.

Indian broadcaster #ZeeEntertainment said it will take legal action against #Sony Group after the Japanese media company terminated a $10 billion merger of their India operations, Reuters reported on 22 January.

Read here: https://www.read.ht/Rkcy

#Sony, #Zee split up; ugly battle ahead | #RamTemple opens, set to spark a boom | Coaching centres may challenge new guidelines

Read today's Mint e-paper here: https://epaper.livemint.com

#MintExplains | Behind The $10 Billion Zee-Sony 'Break Up': Why The Deal Collapsed | Zee Shares Plunge 30%

The $10 billion merger of #ZeeEntertainment enterprises and and Japan's #Sony corp would have created one of the India's largest media networks. But, this deal collapsed with an acrimonious ending, sending Zee's stock plummeting and Sony standing with a $90 million termination fees demand.

Read here: https://www.read.ht/RlWq

Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#Budget2024 #ZeeEntertainment #Sony #RBI #PaytmPaymentsBank #NirmalaSitharaman #Titan

Here's a compilation of interesting numbers that matter!


Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#WTO #Sony #PlayStation #CoalIndia #SpiceJet

#Sony has challenged the maintainability of #ZeeEntertainment's plea on merger enforcement, NCLT will hear Sony's plea and other applications on Sony-Zee merger case on March 12, reported CNBC-TV 18.

Read here: https://www.read.ht/SHGY

#MintPodcast 🎙️| Why #Sony's new head has a tough job ahead

👉 #MintPrimer: How the budget can push #ElectricVehicle sales
👉 Why a current account deficit is good for #India
👉 Why Sharan Hegde’s financial advisory business is a test for #Sebi's ad rules

Listen in 🔽
https://open.spotify.com/episode/6ZJMx1DzmL7vdS1rD62Fhg