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17 hours ago · Reliance Industries, led by billionaire Mukesh Ambani, has sought approval from the Competition Commission of India (CCI) for an $8.5 billion merger between Viacom18 and Star India Pvt Ltd (SIPL). The merger aims to combine the entertainment businesses of Viacom18, part of Reliance Industries, with SIPL, a wholly-owned subsidiary of The Walt Disney Company (TWDC). Post-merger, SIPL will become ...
3 hours ago · Credits: Good Returns. NEW DELHI: Under the direction of billionaire Mukesh Ambani, Reliance Industries has made a significant move by applying to the Competition Commission of India (CCI) for permission to merge Viacom18 and Star India Pvt Ltd for $8.5 billion (SIPL). The Indian media landscape could be drastically altered by this action ...
1 day ago · The merger, worth $8.5 billion, plans to create a joint venture which will be collectively owned by Reliance, Viacom18, and the existing Walt Disney subsidiaries, a notice filed by the firm with the regulator revealed on Friday, reported PTI. The conglomerate said that the proposed merger would not create any adverse effect on competition in India.
1 day ago · Entertainment One (commonly abbreviated as eOne) is a Canadian multinational entertainment company. Based in Toronto, Ontario, the company is primarily involved in the acquisition and production of films and television series. The company originated as the Canadian music distributor Records on Wheels Limited; after it was acquired by music ...
13 hours ago · Air India to induct 68 new aircraft in 2024, says CEO Campbell Wilson GoAir crisis: EaseMyTrip's Pitti withdraws bid for the bankrupt airline Reliance seeks CCI approval for $ 8.5-bn Viacom18-Star India merger
13 hours ago · Varun who has a net worth exceeding $50 million, said that digital technology is fundamentally changing the businesses how they operate and deliver. Realm, he said, charts new territories and redefines the boundaries of digital innovation. At the helm of Realm, Varun spearheads a team dedicated to redefining the way people interact with online ...
13 hours ago · Meet Nikesh Arora, Indian-origin IIT alumnus who gets higher salary than Google CEO Sundar Pichai, Meta chief Mark Zuckerberg Google Chrome, Siemens products prone to hacking, CERT-In warns
