November 22, 2024 23:41 (IST)
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Failed ZEEL-Sony merger drains Rs 3,130 crore from MFs, insurers

Failed ZEEL-Sony merger drains Rs 3,130 crore from MFs, insurers

Mumbai: The failed $10-billion merger between Zee Entertainment Enterprises Ltd and Sony Pictures Networks India resulted in a substantial wealth loss of approximately Rs 3,130 crore for mutual funds and insurance companies on Tuesday, according to a media report.

ZEEL approaches NCLT seeking implementation of merger deal with Sony

ZEEL approaches NCLT seeking implementation of merger deal with Sony

Mumbai: Zee Entertainment Enterprises Ltd on Wednesday took legal actions by filing petitions with the National Company Law Tribunal in Mumbai and initiating proceedings at the Singapore International Arbitration Centre after Sony's termination of a $10-billion merger deal, media reports said.

Sony-Zee $10 billion merger deal collapses, Zee shares slide after breakdown

Sony-Zee $10 billion merger deal collapses, Zee shares slide after breakdown

After two years of stalled negotiations, Japan’s Sony Corp officially called off its planned $10 billion merger between its Indian subsidiary and Zee Entertainment Enterprises Ltd. (ZEEL) on Monday (January 22), media reports said.

Sony sets target of 40 per cent growth in BRAVIA television

Sony sets target of 40 per cent growth in BRAVIA television

Kolkata: Sony India said it has set itself a target of 40% growth in BRAVIA television business in West Bengal market vis-a-vis last festive season with an overall plan to achieve sales to the tune of Rs. 350 crores.