India's Zee is calling on Sony to proceed with a proposed $10 billion merger between them that the latter terminated earlier this week, asking an Indian tribunal to order the Japanese company to honor its obligations.
https://www.japantimes.co.jp/business/2024/01/25/companies/zee-brings-sony-to-tribunal/?utm_content=buffera91ee&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #sony #zeeentertainment #mergers
India's Zee asks Sony to honor merger obligations, approaches tribunal
Zee denies Sony's claims that it had breached the terms of their agreement, which the Japanese company cited as the reason it called off the deal.
The Japan Times
Sony sends termination letter to Zee over India merger
The entertainment giant cited conditions of the merger agreement not being met as the reason for ending the deal with the Indian media network.
The Japan Times
Sony plans to call off $10 billion merger with India’s Zee
The plan to cancel the deal is due to a standoff over whether Zee CEO Punit Goenka would lead the merged entity amid a regulatory probe.
The Japan TimesNCLAT has set a date of 31 August to hear IDBI Bank’s plea seeking insolvency proceedings against Zee Entertainment Enterprises.
#NCLAT #IDBI #IDBIBank #Zee #ZeeEntertainment #Insolvency
https://www.ganganews.com/india/nclat-agrees-to-hear-idbi-banks-plea-for-zee/

NCLAT Agrees to Hear IDBI Bank's Plea for Zee : Ganga News
The National Company Law Appellate Tribunal (NCLAT) has scheduled a hearing on IDBI Bank's plea for insolvency proceedings.
Ganga News
ZEE5 Announces Exclusive Release of Crime-Drama "Haddi" : Ganga News
ZEE5, the prominent video streaming platform owned by Zee Entertainment Enterprises, is set to release the thrilling crime-drama "Haddi".
Ganga NewsThe
strike notice was given by Girish Khurana ,
National Convenor, JFTY protesting against the unilateral implementation of the EY recommendations.
PSU general insurance unions call off their Jan 4 strike
PSU general insurance unions call off their Jan 4 strike
The unions in the government-owned general insurance companies and General Insurance Corporation of India Ltd (GIC Re) on Monday called off their January 4 strike, said an union leader.
Business InsiderZEE के चैयरमेन पद से सुभाष चंद्र का इस्तीफा
नई दिल्ली : ज़ी एंटरटेनमेंट को लेकर बड़ी खबर सामने आ रही है, ग्रुप के चैयरमेन सुभाष चंद्र ने अपने पद से इस्तीफा दे दिया है, मिली जानकारी के मुताबिक उनके इस्तीफे को कंपनी के बोर्ड ने भी स्वीकार कर लिया है। हालांकि वो कंपनी के बोर्ड में नॉन-एग्जिक्यूटि
http://hindi.hwnews.in/news/zee-ke-chairmen-pad-se-subhash-chandra-ka-istifaa/78061#featured #Resign #Subhashchandra #ZeeentertainmentZEE के चैयरमेन पद से सुभाष चंद्र का इस्तीफा - HW News Hindi
ज़ी एंटरटेनमेंट को लेकर बड़ी खबर सामने आ रही है, ग्रुप के चैयरमेन सुभाष चंद्र ने अपने पद से इस्तीफा दे दिया है, मिली जानकारी के मुताबिक उनके इस्तीफे को कंपनी
HW News Hindi