Singapore International Arbitration Centre to hold emergency hearing on Zee-Sony merger fallout

The Singapore International Arbitration Centre (SIAC) will hear an emergency arbitration on Wednesday after Sony initiated proceedings against Zee Entertainment Enterprises Ltd for alleged breach of merger terms by Zee.   More than a week ago, the Japanese giant terminated a proposed $10-billion merger pact with Zee and claimed $90 million in termination fees from…

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The Young and the Restless Spoilers: Will Victor Newman’s revelation shake up the Newmans?

In the upcoming episode of airing on Wednesday, January 31, Victor Newman takes center stage as he shares significant information with his children, Nick and Victoria. Despite keeping Nikki out of the loop, Victor deems it necessary to update the siblings on a concerning incident at Jordan’s prison facility, leading to unexpected consequences. The Young…

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Electric arc furnace will weather global steel cycles better: Tata Steel CFO Koushik Chatterjee

Tata Steel’s decision to shut down blast furnace operation in the UK rendering 2,800 jobless has evoked strong reactions from the unions.   Koushik Chatterjee, executive director & CFO of Tata Steel, however, tells Sambit Saha of The Telegraph why it makes sense to close the blast furnaces and transition to an electric arc furnace, which can withstand the…

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