Brokerage Reports: Zee Entertainment Ratings Downgraded, ICICI Bank Maintains Positive Outlook, and Citi’s Market and Budget Projections

• Zee Entertainment (CITI Research): – Target: 180 (previously 340) – Recommendation: Sell – Valuation multiple expected to decrease. – Non-operational concerns and increased competition […]

Sony Calls Off $10 Billion Mega Merger with Zee Entertainment After Two-Year Saga, Leaving Zee Vulnerable to Competition

Sony Group Corp. has formally informed Zee Entertainment Enterprises Ltd. of its decision to cancel the merger with its India unit, concluding a two-year acquisition […]