NCLT clears Sony-Zee merger, paving way for $10bn behemoth

NCLT clears Sony-Zee merger, paving way for $10bn behemoth

India paved the way yesterday for a $10 billion media and entertainment powerhouse, giving Zee Entertainment and the Indian unit of Japan's Sony Group a key merger approval.

Zee's shares were up Thursday after the National Company Law Tribunal cleared the long-delayed deal to create ...