Sony-Zee Merger Gets Approval From India’s Antitrust Body

India’s antitrust regulator approved a merger between Sony Group Corp.’s South Asian unit and Zee Entertainment Enterprises Ltd., paving way for a transaction that will create a media behemoth.

The proposed merger of ZEE and Bangla Entertainment Pvt. with Culver Max Entertainment Pvt. -- a wholly-owned subsidiary of Sony Group -- got Competition Commission of India’s nod after companies suggested certain changes to the deal, the regulator said in a statement Tuesday evening.

“The Commission approved the proposed combination subject to the carrying out of modifications proposed by the parties,” it said in the statement. It did not ...