Zee moves to NCLT for Sony merger; Japanese firm opposes
The Business Guardian|January 26, 2024
Zee Entertainment, led by media tycoon Subhash Chandra, has taken the matter to a corporate disputes tribunal, seeking Sony's adherence to a $10 billion merger agreement. Despite the failed merger, the Japanese media giant remains committed to thriving in the Indian market.
Zee moves to NCLT for Sony merger; Japanese firm opposes

Days before the Sony Group pulled the plugs on the merger following a stalemate over who will lead the merged entity, Zee group founder Chandra had written to the Finance Minister Nirmala Sitharaman, blaming market regulator Sebi for trying to "scuttle" the deal by slapping notices right in the middle of negotiations in a case of relating to alleged fund diversion by Zee promoters.

Sony had resisted the demand by Zee Chief Executive and Chandra's son Punit Goenka, who was investigated by Sebi over fraud allegations, to stay on after the merger.

Denne historien er fra January 26, 2024-utgaven av The Business Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 26, 2024-utgaven av The Business Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE BUSINESS GUARDIANSe alt
The Business Guardian

Swati Maliwal assault case: Court seeks response of Bibhav Kumar on plea

A Session court at Tis Hazari, on Monday sought the response of accused Bibhav Kumar in the AAP MP Swati Maliwal assault case on Delhi police's plea.

time-read
1 min  |
November 12, 2024
There is decline of native fish in Yamuna, rise of exotic species: NGT
The Business Guardian

There is decline of native fish in Yamuna, rise of exotic species: NGT

In its order dated November 7, a bench of NGT Chairperson Justice Prakash Shrivastava noted that the CIFRI had filed its reply dated September 19, which supported the plea for a decrease in local fish species.

time-read
1 min  |
November 12, 2024
Yasin Malik ends hunger strike, receives medical aid: Tihar to HC
The Business Guardian

Yasin Malik ends hunger strike, receives medical aid: Tihar to HC

The Tihar jail authorities informed the Delhi High Court on Monday that separatist leader and convicted Yasin Malik ended his hunger strike on November 8, 2024, and is being provided with the necessary medical treatment in accordance with jail rules.

time-read
1 min  |
November 12, 2024
JD(S) condemns 'Racial Slurs' by Minister Against Kumaraswamy
The Business Guardian

JD(S) condemns 'Racial Slurs' by Minister Against Kumaraswamy

Janata Dal Secular on Monday strongly condemned the \"racist remarks\" made by Karnataka Minister Zameer Ahmed Khan for Union Minister HD Kumaraswamy.

time-read
1 min  |
November 12, 2024
Malabar Gold & Diamonds Launches 'Swarnakriti' - An Exquisite Collection of Handcrafted Gold Jewellery
The Business Guardian

Malabar Gold & Diamonds Launches 'Swarnakriti' - An Exquisite Collection of Handcrafted Gold Jewellery

Malabar Gold & Diamonds, the responsible jeweller and one of the world's largest gold and diamond retail chains, announces the launch of its exclusive new collection, 'Swarnakriti'.

time-read
1 min  |
November 12, 2024
LG approves hiring of 1,463 healthcare workers
The Business Guardian

LG approves hiring of 1,463 healthcare workers

Lieutenant Governor of Delhi VK Saxena on Monday had approved the recruitment of 1463 healthcare professionals, including 701 nurses and 762 paramedical staff, on an outsourced basis in order to address the shortage of personnel and improve Delhi's public healthcare infrastructure.

time-read
1 min  |
November 12, 2024
The Business Guardian

Govt urges LG to hire 10K bus marshals amid rising crimes against women

Delhi Chief Minister Atishi on Monday said her government is sending a proposal to Lieutenant Governor VK Saxena for the formulation of a policy on retaining 10,000 bus marshals on a permanent basis.

time-read
1 min  |
November 12, 2024
The Business Guardian

Delhi Police busts inter-state gun syndicate, 18 arrested

The Delhi Police has busted an inter-state syndicate of gun dealers and arrested 18 members of the gang in a month-long operation, officials said on Monday.

time-read
1 min  |
November 12, 2024
BJP criticises the AAP for mishandling the situation of civil defense volunteers
The Business Guardian

BJP criticises the AAP for mishandling the situation of civil defense volunteers

The Delhi unit of the Bharatiya Janata Party (BJP) has criticized the Aam Aadmi Party (AAP) for allegedly mishandling the situation of civil defense volunteers.

time-read
1 min  |
November 12, 2024
Uttarakhand High Court Allows Wife's Plea To Become Guardian Of Comatose Husband
The Business Guardian

Uttarakhand High Court Allows Wife's Plea To Become Guardian Of Comatose Husband

The Uttarakhand High Court in the case Kamakshee Bisht Versus State Of Uttarakhand & others observed and has allowed the application of a wife who sought guardianship of her husband who is in a state of coma and deeply bedridden.

time-read
1 min  |
November 12, 2024