Articles for tag: Approval, Billion, Collapses, Legal, Merger, NCLT, recalls, Saga, Sonys, Turbulent, ZEE

Market News

ZEE and Sony’s .5 billion merger collapses as NCLT recalls approval, ending a turbulent legal saga.

ZEE and Sony’s $10.5 billion merger collapses as NCLT recalls approval, ending a turbulent legal saga.

The National Company Law Appellate Tribunal (NCLAT) has allowed Axis Finance, IDBI Bank, and IDBI Trusteeship Services to withdraw their petitions against the merger of Zee Entertainment and Sony Pictures Networks India. This decision follows the Mumbai Bench of the National Company Law Tribunal (NCLT), which had previously approved the merger on August 10, 2023, ...

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General Motors recalls over 449,000 vehicles due to brake warning light failure, risking serious crashes, with free software updates available.

General Motors recalls over 449,000 vehicles due to brake warning light failure, risking serious crashes, with free software updates available.

General Motors is recalling over 449,000 SUVs and pickup trucks due to a potential issue with the electronic brake control module software. The software may not display a warning light if there is a loss of brake fluid, which could lead to reduced braking performance and increase the risk of accidents. Affected models include the ...

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Honda recalls models CB350 and H’ness CB350 for critical sensor and camshaft issues, risking braking failures; free replacements offered.

Honda recalls models CB350 and H’ness CB350 for critical sensor and camshaft issues, risking braking failures; free replacements offered.

Honda Motorcycle & Scooter India has announced a recall of certain models, including the CB350 and H’ness CB350, due to issues with the wheel speed sensor and camshaft. The recall affects units manufactured between October 2020 and April 2024, where water may leak into the wheel speed sensor, potentially causing a malfunction that could disrupt ...

Market News

Alert: Hy-Vee recalls products over salmonella danger!

One of the nation’s popular grocery chains, Hy-Vee, is currently recalling several products due to potential salmonella contamination. The recall includes a variety of items that may pose a health risk to consumers. Be sure to check your pantry and fridge for any affected products to ensure your safety. Stay updated on this developing story ...

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