NCLT hearing on March 12 to determine fate of $10-bn Zee-Sony merger

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

The case, now before the NCLT and SIAC, presents a complex legal landscape where Sony must navigate the provisions of the IBC and other relevant laws to protect its interests and seek appropriate remedies, said legal experts.

Godrej & Boyce unveils expansion plan, targets tier-2 and tier-3 cities to meet growing consumer demand

This move by Godrej & Boyce positions the company to capitalize on the growing aspiration and digital payment-driven demand in smaller cities and towns (Representative Image: Vardan Papikyan via Unsplash)

Godrej & Boyce, the flagship company of the Godrej Group, is getting ready to change the the consumer landscape in tier-2 and tier-3 cities with an ambitious expansion plan, by 2027.

Zee-Sony Merger: NCLT in spotlight as SIAC denies emergency relief

After the deal was terminated in January, Zee apparently has reached out to the Sony executives to reconsider the termination and has also offered for talks this month.

Zee has asked NCLT to prevent Sony Group-owned firms from adopting any further steps that could jeopardise the execution of the scheme.

Disney’s valuation slips in Viacom18 deal: What went wrong?

The combined entity will have lucrative sports properties which not only include premium cricket IPs like Indian Premier League (both TV and digital), ICC cricket tournaments (both TV and digital) but also other major sporting events like Wimbledon and Pro Kabaddi League.

The current deal size is significantly below Disney’s initial expectation of $10 billion.