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Sony Calls Board Meeting Today for Zee Merger Call

Sony Group Corp has called for a board meeting on Friday, where its expected to take a call on the $10-billion merger of its India operations with Zee Entertainment Enterprises, said people with knowledge of the matter. ....

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zee sony merger: Sony calls board meeting today for Zee merger call as $10 bn deal stares at termination unless last-minute breakthrough reached

People close to Sony said the multinational has offered Punit Goenka the role of advisor at the new company, but said he should not be on the board, pending regulatory investigations. As of now, Goenka as boss of new merged co, failing financial health, unmet conditions are being seen as key hurdles to the deal going through. ....

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TVS Supply Chain Solutions gets Sebi nod to float IPO, Auto News, ET Auto

TVS Supply Chain Solutions, part of the TVS Mobility Group, has secured approval from the Indian capital markets regulator, the Securities and Exchange Board (Sebi), to launch an initial public offering (IPO) to raise capital. The IPO consists of a fresh equity issue, aiming to raise up to INR7.5bn (USD 103m) and an offer for sale of more than two million equity shares by existing shareholders. ....

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