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Sony sends merger termination letter to Zee: Reports

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.

Sony has reportedly terminated the Zee merger deal.

Zee-Sony $10 billion merger likely to be terminated? Reports

The statement clearly said that though SPNI has been engaged in discussions in good faith to extend the End Date but the Discussion Period has expired without an agreement upon an extension of the End Date.(Image source: Moneycontrol)

ZEEL’s institutional investors are reportedly seeking regulatory intervention. Now a report has surfaced suggesting that a communication ending the deal will be submitted to the Tokyo exchanges within the next 48 hours.

Nirmala Sitharaman alleges MK Stalin-led Tamil Nadu govt has banned Ayodhya Ram Mandir live telecasts

Last week, the Ministry of Information and Broadcasting (MIB) issued an advisory to all news media – television, print, and digital media, including social media platforms, about publishing or broadcasting any content that may be false or manipulated and content that could disturb communal harmony or public order ahead of the consecration of the Ram temple in Ayodhya on January 22. (Image source: Moneycontrol)

Finance Minister Nirmala Sitharaman accused the Tamil Nadu government of banning live telecasts of Ayodhya Ram Mandir consecration ceremony. The TN state administration had denied the claim.

ZEEL’s institutional investors may call EGM to seek Punit Goenka’s removal

Zee Entertainment reported a 180 percent jump in its profit in the December quarter.

Zee’s major institutional investors including LIC, are seeking regulatory intervention as the merger with Sony stalls over issues including Punit Goenka’s leadership.

MIB issues media advisory: No room for false or disturbing content in Ram Mandir coverage

Radisson intends to introduce branded hotels in Vrindavan, Uttar Pradesh, and Ujjain, Madhya Pradesh, solidifying its foothold in the Indian market. (Image source: Moneycontrol)

Advisory applies to television, print, digital and social media to refrain from publishing/telecasting any content that may be false or manipulated or has the potential to disturb communal harmony or public order.

Zee-Sony Merger: “Good faith negotiations” going on, deadline extension request

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.

What is causing sleepless nights for Zee in the $10 billion merger with Sony?

Zee-Sony Merger: BSE seeks clarification, ZEEL replies

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.

Bombay Stock Exchange sought clarification from ZEEL about a news report stating that Sony’s board will be taking a call on the merger on Friday, 19th January 2024.

Google to sack more employees in 2024

As Google charts its course for 2025, the message from its leadership was clear: in an era of technological upheaval and regulatory scrutiny, the company's future may depend on its ability to transform its AI innovations into products that resonate with consumers while navigating an increasingly complex competitive and regulatory landscape.(Image courtesy: Moneycontrol)

In the upcoming rounds of layoffs, the company is focusing on adopting artificial intelligence software and automation to lighten workloads.