Zee-Sony merger deal: Zee Entertainment Limited on Tuesday clarified that the news and buzz that the multi-dollar merger between Zee Entertainment and Sony’s India arm will be terminated before January 20 is baseless and factually incorrect. News agency Bloomberg on Monday reported that Sony is planning to call off the $10 billion merger and Sony … Read more
Mastek Limited : Company has received a favourable Order from the Hon. High Court of Gujarat quashing the notices / revisions u/s 154 and u/s 263 of the Income tax Act, 1961 proposed to be made by the Tax departmentfor AY 2008-09, AY 2009-10, AY 2011-12, AY 2012-13 and AY 2013-14. Cosmo First Limited : … Read more
In a recent development, Axis Finance has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) challenging the National Company Law Tribunal’s (NCLT) decision to approve the merger between the company and Sony. This information was confirmed by Zee Entertainment. The company in an exchange filling said that which stated that a notice … Read more
The controversial Jan Vishwas Act, 2022 which was recently enacted into law by Parliament, has been touted by the government as a landmark piece of legislation aimed at improving “ease of doing business” in India by either decriminalising or making “compoundable” offences across 42 legislations. The fine print which has received little media attention is … Read more