1. Sony eyes up to 30% stake in Mukesh Ambani's Network18 after Zee bid failed
Japanese major Sony Corporation is in preliminary talks with Mukesh Ambani’s Network18 Media & Investments for a possible stake buy, making it the second attempt by the group in 10 months for a local acquisition.
In March, Sony had emerged the front runner to acquire a 20 per cent stake in Zee after the promoters of the latter said they were ready to offload up to half their shareholding to a strategic investor but the talks failed. Read more.
2. OIL,

)