Sony Group Corp on Jan 22 called off the $10 billion merger of its India unit with Zee Entertainment, following a stalemate over who will lead the merged entity, besides not satisfying other conditions for the merger
ZEEL spent Rs 366 6 crore on compliances for its merger with Sony devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Sony Group Corp on Jan 22 called off the $10 billion merger of its India unit with Zee Entertainment, following a stalemate over who will lead the merged entity, besides not satisfying other conditions for the merger
Private weather forecaster Skymet has predicted a normal monsoon this year with the ongoing El Nino, which dragged monsoon rains in 2023 to below-normal levels, expected to get softened. Also, the monsoon-supporting La Nina, triggered by the cooling of the Pacific Ocean, is likely to evolve during the latter half of the season, it said.
Abneesh Roy of Nuvama is positive on Asian Paints from a one-year perspective despite the overall consumption slowdown. The company reported a 12% volume growth in Q3, thanks to the festival season and strong wedding demand. Asian Paints margins also improved significantly, exceeding expectations. However, the stock price dip can be attributed to the overall weak market conditions and concerns about Grasim s entry.