ZEEL-Sony proposed merger; Punit Goenka to remain MD & CEO, Sony to hold majority after infusion
The resultant merger ratio is expected to result in 47.07 per cent of the merged entity being held by ZEEL shareholders and the balance 52.93 per cent of the merged entity to be held by SPNI shareholders.
"Who is TRAI to decide which channels are unwanted?": IBF
The amendment directs broadcasters and distributors to submit the revised channel prices by January 15, 2020, and January 30, 2020, respectively, with full implementation from March 1, 2020.