On 22 January, Sony Group Corp., the Japanese parent of Sony Pictures Networks India (SPNI) and Bangla Entertainment Pvt. Ltd (BEPL), had announced the termination of the $10-billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
Top News of the Day: InterGlobe Aviation Ltd more than doubled its net profit in the quarter ended March. In another news, a boiler exploded at a chemical factory in the MIDC area in Dombivli near Mumbai on Thursday, killing at least seven people.
Zee Entertainment Shares Tumble 12%; Hit Lower Circuit Limit freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.