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NEW DELHI: Shares of Zee Entertainment erased opening gains and slipped nearly 5 per cent in Wednesday's trade after the domestic entertainment major and Sony Pictures Networks India, a subsidiary of Sony Corp's Sony Pictures Entertainment, signed definitive agreements to merge the two companies.As part of the proposed merger, ZEE will merge into SPN and after closing, the new merged company will ...

Nifty futures on the Singapore Exchange traded 90.50 points, or 0.52 per cent, higher at 17,342, signaling that Dalal Street was headed for a positive start on Thursday. Here are a few stocks which may buzz the most in today’s trade:Vodafone Idea: Vi is targeting a four-fold jump in annual capital expenditure to $2 billion (about Rs 15,000 crore), the telco's top management has said, as it look...

Nifty futures on the Singapore Exchange traded 62.50 points, or 0.36 per cent, higher at 17,611.50, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a few stocks which may buzz the most in today's trade:ZEEL: The merger of Zee Entertainment Enterprises (ZEE) and Sony Pictures Networks India (SPN) is on track and "in the final stages of stitching up", disclosed Pu...

Srei Infrastructure: The Reserve Bank of India on Monday superseded the board of directors of Srei Infra and Srei Equipment Finance Ltd, owing to governance concerns and defaults by SREI Group Companies. RBI appointed Rajneesh Sharma, the former chief general manager at Bank of Baroda, as administrator. Cipla: North American drug manufacturer Eli Lilly's Indian arm announced a strategic partnersh...