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Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

General

20 February, 2024

Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......

Zee says it is free to go to India tribunal to enforce Sony merger deal

TMT

05 February, 2024

Zee says it is free to go to India tribunal to enforce Sony merger deal

Zee Entertainment can ask an Indian tribunal to enforce a $10 billion merger with Sony's Indian unit after a Singapore ......

Sony, Zee clashed over Russia assets, cricket deal before India deal collapse

TMT

31 January, 2024

Sony, Zee clashed over Russia assets, cricket deal before India deal collapse

Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm's failure to dispose of some Russian ......

Sony scrapped $10 bn merger as Zee failed to meet financial terms

TMT

30 January, 2024

Sony scrapped $10 bn merger as Zee failed to meet financial terms

Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet ......

Grapevine: Bain Capital, Platinum Equity plan pharma bets; Mastek eyes PE funding

General

29 January, 2024

Grapevine: Bain Capital, Platinum Equity plan pharma bets; Mastek eyes PE funding

Bain Capital is the likely frontrunner to acquire stake in TPG Capital-backed Sai Life Sciences, a Hyderabad-based contract research, development, ......

Zee's $1.4 bn cricket rights deal with Disney falls apart after Sony merger collapses

TMT

25 January, 2024

Zee's $1.4 bn cricket rights deal with Disney falls apart after Sony merger collapses

India's Zee Entertainment has told Walt Disney it does not intend to move forward with a deal to pay around ......

Zee plunges 30% as investors, analysts bail after failed Sony merger

TMT

23 January, 2024

Zee plunges 30% as investors, analysts bail after failed Sony merger

Zee Entertainment's shares plunged as much as 30% on Tuesday, set for their worst day ever, as investors piled out ......

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Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

Zee Entertainment says committed to $10-bn merger with Sony India

TMT

09 January, 2024

Zee Entertainment says committed to $10-bn merger with Sony India

India's Zee Entertainment on Tuesday said it was committed to its merger with Sony's local arm, after reports said the ......

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Grapevine: Sony may call off India unit merger with Zee; IndoStar sells stressed asset portfolio

General

08 January, 2024

Grapevine: Sony may call off India unit merger with Zee; IndoStar sells stressed asset portfolio

Japanese media major Sony may call of the merger of its India unit with homegrown media conglomerate Zee Entertainment over ......