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Podcast: Moneylife News Bites
Episode: After Sony Split, Zee Plunges into a Cloudy Future. What does it say about Investment?
Description: Sony Pictures' turbulent merger with Zee Entertainment ends, with Indian mutual funds holding 43.42% after foreign investors exit. ZEE's stock drops 33% post-termination. Despite financial challenges and SEBI investigations, ZEE seeks a new white knight for acquisition. The role of Indian mutual funds in betting on a company with a troubled history remains uncertain. Listen to this week's episode as Sucheta Dalal explains. Hosted on Acast. See acast.com/privacy for more information.