Page 3 - Zee
CCI gives conditional approval to Sony-Zee merger deal: Report
Competition Commission on Tuesday gave its conditional approval for the proposed merger between media groups Sony and Zee, according to sources. The approval has been given after the Competition Commission of India (CCI) accepted the voluntary remedies proposed by the parties to allay possible anti-competitive concerns, the sources close to the development said. The proposed merger of Zee Entertainment Enterprises Ltd (ZEEL) with Sony Pictures Network India (SPNI) was announced in September last year. The deal would help Sony to expand its media business in India. SPNI is an indirect wholly-owned subsidiary of Sony Group Corporation, Japan. Deals beyond a certain threshold require the approval of the CCI.
 "CCI gives conditional approval to Sony-Zee merger deal: Report")
Zee Media moves Delhi High Court against I&B Ministry on Ku-Band issue
I&B Ministry had asked Zee Media to remove its ten regional news channels from the Ku-Band (a form of satellite frequency) on the GSAT-15 Satellite, that was making these accessible on DD Freedish
Sony-Zee merger can hurt competition, more scrutiny needed, CCI says
The Competition Commission of India's (CCI) Aug. 3 notice to the two companies stated the watchdog is of the view that a further investigation is merited
 "Sony-Zee merger can hurt competition, more scrutiny needed, CCI says")
Zee-Sony merger gets BSE, NSE nod after agreement signed last December
Merged entity to retain Zee's stock market listing, though Sony would provide large cash injection and hold 51% stake
 "Zee-Sony merger gets BSE, NSE nod after agreement signed last December")
Sensex down 1457pts, Nifty gives up 15800 on global rout, ahead of CPI data
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
 "Sensex down 1457pts, Nifty gives up 15800 on global rout, ahead of CPI data")
Viacom 18, Disney Star among firms shortlisted for IPL TV, digital rights
The e-auction for the media rights from 2023 to 2027 will be held on June 12.
 "Viacom 18, Disney Star among firms shortlisted for IPL TV, digital rights")
Zee can participate in IPL e-auction on its own, says MD Punit Goenka
Statement comes as company re-enters sports broadcasting after six years; unlikely to bid along with Sony
 "Zee can participate in IPL e-auction on its own, says MD Punit Goenka")
A merger wave in media
A mix of history, the pandemic and its cascading effects are among the reasons for this action
Bombay High Court allows EGM to vote on Zee managing director removal
Invesco holds an 18 per cent stake in Zee and wants to remove Goenka from the board and appoint its own nominees after a bitter legal feud broke out between the shareholders.
 "Bombay High Court allows EGM to vote on Zee managing director removal")
Dish TV to share results of shareholders' voting with Bombay High Court
World Crest Advisors had filed a case against YES Bank and Catalyst Trusteeship in the Bombay High Court on December 18
 "Dish TV to share results of shareholders' voting with Bombay High Court")
Zee Entertainment board clears media firm's mega merger with Sony
ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company
 "Zee Entertainment board clears media firm's mega merger with Sony")
It's my job to take the best of both firms: Punit Goenka on Zee-Sony merger
CEO and managing director of Zee Entertainment speaks on alliance with Sony India announced on Thursday.
 "It's my job to take the best of both firms: Punit Goenka on Zee-Sony merger")
Zee-Invesco: Disclosure in instalments
By Invesco's own admission, its role was that of a "facilitator" in the proposed deal between RIL and Zee
 "Zee-Invesco: Disclosure in instalments")
Top headlines: Tata firms beat peers; India awaits first sport unicorn
The central government is likely to exceed the budgeted tax collection target of Rs 22.2 trillion for the current fiscal year. Read more on our top headlines of the day
 "Top headlines: Tata firms beat peers; India awaits first sport unicorn")
Zee CEO says will continue to take steps to safeguard company, its future
'We will ensure that no one maligns the intrinsic value of this company for their own benefit,' Zee CEO Punit Goenka said, making his first public statement in the dispute with Invesco
Top headlines: Akasa Air gets govt NOC; Invesco breaks silence on Zee feud
Business Standard brings you the top headlines on Monday
Invesco case: NCLT adjourns hearing; NCLAT to issue order on Zee plea soon
NCLT adjourned the hearing on Invesco's petition seeking convening of shareholders' meet by Zee Entertainment Enterprises, saying it will wait for the appellate tribunal's order related to the matter.
 "Invesco case: NCLT adjourns hearing; NCLAT to issue order on Zee plea soon")
I will not let Invesco take over Zee illegally, says Subhash Chandra
Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
 "I will not let Invesco take over Zee illegally, says Subhash Chandra")
NCLT asks Zee to file reply to Invesco's plea for EGM by Oct 7
Zee argues that Invesco's plea should be dismissed as the petition is seeking ad-interim relief as its final relief
Invesco asks NCLT to make 'mandatory order' directing Zee to call for EGM
Zee says Invesco's plea is not maintainable; matter to be heard again on Tuesday
