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Wednesday, August 28, 2024

RIL & Disney's $8.5 billion merger gets CCI nod

The Competition Commission of India has approved the merger of Reliance Industries and Walt Disney India's media assets, with specific modifications. This merger aims to establish an $8.5-billion entertainment powerhouse to compete with Amazon, Netflix, and Sony Pictures Networks. The companies will divest several TV channels and cap advertisement prices for streamed cricket matches for approval.

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US indictment: Did Adani Group flout disclosure norms? Sebi seeks answer

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...