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Sudarshan Chemical to Acquire Heubach Group’s Pigment Business for Rs 1,180 Crore

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Pune-based Sudarshan Chemical Industries Ltd. (SCIL) has entered into a definitive agreement to acquire the global pigment business of Germany’s Heubach Group for Rs 1,180 crore (€127.5 million). This strategic acquisition is expected to significantly enhance SCIL’s product portfolio while expanding its global footprint, particularly in Europe and the Americas. The news of the acquisition …

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Sony Confirms Termination of $10 Billion Merger Deal with Zee Entertainment, Legal Battle Looms

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Sony Corporation officially announced on Monday the termination of its proposed $10 billion mega-merger deal with Zee Entertainment, marking the collapse of the ambitious alliance that aimed to create India’s largest entertainment company. The agreement was intended to provide substantial financial prowess, positioning the unified entity to compete with global streaming giants like Netflix Inc. …

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