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Sun TV stock picked up momentum after climbing above the 50-DMA on the daily charts in early July. It did witness some resistance around Rs 630 levels in August, but took support above the 50-DMA on the daily charts. The bounce back from the 50-DMA in the last week of September pushed the stock to a fresh 52-week high in October
Walt Disney Co. is in preliminary discussions with potential buyers, including billionaires Gautam Adani and Kalanithi Maran, for its India streaming and television business. Private equity funds have also expressed interest. Discussions involve selling part of the Indian operations, including sports rights and regional streaming service Disney+ Hotstar. Asset-sale talks have already been held with Reliance Industries Ltd. Disney is exploring strategic options for its business in India, including an outright sale or setting up a joint venture.
Walt Disney has been considering various strategic options for its operations in India. These options include the possibility of an outright sale or establishing a joint venture., Companies News, Times Now
India Business News: Walt Disney Co is reportedly in preliminary discussions with potential buyers for its India streaming and television business, including Gautam Adani
BENGALURU (Reuters) -Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well private equity firms to sell its streaming and television business in the country, Bloomberg News reported on Friday. Disney is exploring various possibilities, including selling some of its Indian operations or a mix of assets from the unit, the report said, citing people familiar with the matter.