Zee Entertainment Enterprises announced on Tuesday the formation of a committee to assess its management s business performance and offer guidance. This follows recent failed entertainment deals, including a scrapped $10 billion merger with Sony India and a $1.4 billion cricket broadcasting agreement with Star India.
"While granting ad-interim injunctions in defamation suits, the potential of using prolonged litigation to prevent free speech and public participation must also be kept in mind by courts," the Court added.