Zee Entertainment has dismissed media reports claiming the termination of its $10 billion merger with Sony Pictures India arm, stating the report is baseless and factually incorrect. The company said it remains committed to the merger and is working towards its successful closure. Shares of the company recovered following the clarification.
India Business News: Zee Entertainment dismisses rumours about the termination of the $10 billion merger with Sony India. ZEEL is dedicated to ensuring the successful comp
IDBI Bank vs Zee Entertainment: In December 2022, IDBI Bank moved to the NCLT claiming an amount of Rs 149.60 crore that has been disputed by Zee Entertainment.