View: Sony’s spurned target shows the pitfalls of tempting Indian M&A

Sony Group Corp. dodged a bullet when its lawyers nixed a $10 billion Indian merger that executives had spent two years trying to bring to fruition. The spurned target hasn’t been as lucky. Zee Entertainment Enterprises Ltd. has no other suitors on the horizon, and its founders’ mounting legal troubles are threatening to engulf the …

Read more

Categories Tv

Maharashtra inked MoUs worth Rs 3.53 lakh crore at WEF in Davos: CM Eknath Shinde

Maharashtra Chief Minister Eknath Shinde has said that the state has inked memorandums of undertaking (MoUs) worth Rs 3,53,675 crore at the World Economic Forum 2024 in Davos, Switzerland. Shinde thanked investors, noting the increased confidence of global industries that showed interest in investing Rs 1 lakh crore in Maharashtra. These MoUs have the potential …

Read more

biodiversity loss: Adani acquires majority stake in news agency IANS

Billionaire Gautam Adani’s group has acquired a majority stake in news agency IANS India Pvt Ltd for an undisclosed sum as the group expands its presence in the media space. In a regulatory filing, Adani Enterprises — the firm that holds the group’s media interest — said its subsidiary “AMG Media Networks Ltd has acquired …

Read more

Categories Tv

disney: Disney said to be in talks with Adani, Maran to sell India assets

Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter. The US entertainment giant’s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, …

Read more

Categories Tv

adani enterprises share price: Exchanges fine Adani Enterprises for non-compliance of Sebi listing norms

Exchanges BSE and NSE imposed penalty on Adani group’s flagship entity Adani Enterprises for non-compliance of Sebi listing rules relating to appointment of directorship. Both the exchanges have levied a fine of Rs 28,000 each. Sebi rules state that no listed entity shall appoint a person or continue the directorship as a non-executive director who …

Read more