Shares of Zee Entertainment, India’s biggest television network surged more than 10 per cent, after slumping more than 25 per cent in the final hours of trading on Friday.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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