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Zee Entertainment seeks Rs 69 crore refund from Star after failed ICC TV deal

Zee asserted in its Q3 financial statements that it has strong grounds to counter Star India s claims in the ICC TV rights agreement matter. The company added that it has accrued Rs 72.1 crore for bank guarantee commission and interest expenses for its share of bank guarantee and deposit as per the agreement. ....

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Zee Sony merger: Sony challenges maintainability of Zee's application before NCLT

Sony Group s India units, Culver Max Entertainment and Bangla Entertainment, have challenged the maintainability of Zee Entertainment Enterprises application for the merger scheme before the National Company Law Tribunal (NCLT). The NCLT has combined Zee s plea with that of its shareholder, Mad Man Film Ventures, and scheduled a hearing for March 12. Mad Man Film Ventures has also approached the NCLT seeking the implementation of the merger scheme. ....

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Restrain ZEE from seeking relief from NCLT or other courts: Sony to SIAC

Sony Group-owned Culver Max Entertainment and Bangla Entertainment have urged the Singapore International Appellate Tribunal (SIAC) to restrain Zee Entertainment Enterprises (ZEE) from seeking legal remedies from NCLT or any other court in India or elsewhere. Sony alleges that Mad Man Film is a proxy for ZEE and has requested an order to prevent ZEE from seeking remedies related to the merger cooperation agreement during the contractual disputes. ....

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Zee shares slump 10% after failed Sony India merger

Zee shares: Cancellation of $10 billion merger with Sony Group s India unit causes Zee Entertainment Enterprises Ltd. shares to plummet. ....

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Afternoon briefing: Sea of devotees at Ayodhya's Ram Mandir | Latest News India

Here is a shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out. | Latest News India ....

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