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Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RILs broader strategy to deepen its footprint in Indias television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.

WALT Disney Co., the US entertainment conglomerate, is expediting its business exploration in the Chinese market, fully tapping the markets huge potential in particular in the wake of the pandemic when the worlds second-largest economy is seeing its consumption and tourism vitality surge back to previous levels.

Most people look at Web3 and the metaverse as an unknown domain at best or even a scam that swindles millions out of their hard-earned money.