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Sensex, Nifty Listless In Early Trade

Indian shares struggled for direction on Friday as strong U.S. economic data released overnight led traders to push back the timing for the first full quarter-point Federal Reserve interest-rate cut to December from November earlier.

Zee seeks $90 million termination fee from Sony for failed merger

Zee seeks $90 million termination fee from Sony for failed merger
afaqs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afaqs.com Daily Mail and Mail on Sunday newspapers.

Zee seeks termination fee of $90 million from Sony for calling off $10 billion deal

Zee Entertainment made headlines on Thursday by terminating its $10 billion media deal, demanding a $90 million termination fee from Sony Group Corporation s India media unit, Culver Max Entertainment, and Bangla Entertainment Pvt. Ltd. (BEPL). Previously, the media company disclosed that it had suffered merger-related expenses of Rs 432 crore between 2023-24 and 2022-23 due to the unsuccessful merger attempt with Sony Group Corporation s India media unit, Culver Max Entertainment.

Zee seeks $90 million in termination fee from Sony s Culver Max and BEPL for failed merger deal

Zee seeks $90 million in termination fee from Sony s Culver Max and BEPL for failed merger deal
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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