In ‘a sign from the lord’, Sony-Zee merger called off

On Monday, Sony sent a termination letter to Zee for failing to meet the agreement conditions for the merger. Zee CEO Punit Goenka seems to be at the center of the deal’s collapse.

22 January, 20241 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
In ‘a sign from the lord’, Sony-Zee merger called off

You may also like

Business
Story image

The anti-jugaad story of Royal Enfield

What four years at the legendary motorcycle maker taught me about India’s most celebrated delusion.

Business
Story image

Can Vikram Solar’s new CEO close the gap?

The solar module maker is banking on Sameer Nagpal to build 12 GW of cell capacity from scratch and catch up with Waaree and Premier—but the runway is tight and rivals are formidable.

Business
Story image

How Gulf aviation is navigating the Iran war

The most profitable airline carriers are having to contend with the new realities of flying in the face of missiles and drones.