"The arbitration is at its initial stage and the LCIA Arbitral Tribunal is yet to determine if the Company is liable in any manner," said Zee Entertainment
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The merger between the two media powerhouses was pending clearance from the anti-trust regulator to ensure that a proposed merger or acquisition does not create an unfair monopoly or reduce competition in the market
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Walt Disney (36.63 per cent), Digital18 (46.11 per cent), and RIL (16.34 per cent) will share ownership of Star India after shares are allotted to Digital18 and RIL
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