(Reuters) - Japan's Sony Group Corp has sent a termination letter to Zee Entertainment Enterprises Ltd, citing its plans to call off the merger between its India unit and the media network, Bloomberg
Directed by Nilesh Krishnaa, ‘Annapoorani’ was released in theatres on 1 December and began streaming on Netflix on 29 December. Co-producers Zee issue apology.
SEBI, in August, had barred Goenka and Subhash Chandra from holding positions in Zee company boards for allegedly diverting company funds to the group's other listed entities and firms.
The board its order had alleged the duo were actively involved in diverting company funds to the group's other listed entities and firms related to founding shareholders.
Report comes day after Sony Pictures Entertainment said it took country's markets regulator's order banning Zee Entertainment CEO from holding board positions 'seriously'.
Zee and Sony Group Corp had earlier announced a merger to create a $10 billion TV enterprise in 2021, with Goenka set to become the merged entity's MD and CEO.
SEBI said in its order that Chandra and Goenka were actively involved in diverting company funds to the group’s other listed entities and firms related to founding shareholders.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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