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Reliance Disney Merger: Reliance, Disney announce deal to create $8.5 billion media goliath, ET Telecom

Reliance Disney Merger: The JV will be one of the leading TV and digital streaming platforms for entertainment and sports content in India, bringing together iconic media assets across entertainment and sports including access to highly anticipated events across television and digital platforms through JioCinema and Hotstar. ....

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Reliance, Disney merge Indian media assets to create $8.5bn JV

India s top conglomerate Reliance Industries, led by Asia s richest man Mukesh Ambani, and Walt Disney have announced the merger of their India TV and streaming media assets, in a strategic move that will create an $8.5 billion entertainment powerhouse. ....

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I&B sector attracts ₹6,058 crore FDI in H1 of FY24

As per data sourced from the Department for Promotion of Industry and Internal Trade (DPIIT), the sector accounted for 3.6% of the overall FDI inflow of ₹31,720 crore during the period. ....

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allen career institute: Allen Career Institute buys problem-solving platform Doubtnut in slump sale

A statement from Allen Career Institute, which is primarily an offline coaching business, said the acquisition will help the tutoring institute build on its technology-led learning solutions. ....

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viacom: Paramount realises $168 million in non-cash gain from Viacom18 stake dilution

Paramount Global has reported a non-cash gain of $168 million from diluting its stake in Indian media conglomerate Viacom18. In April, Paramount s stake in Viacom18 dropped to 13% after a strategic transaction involving Reliance Industries Limited (RIL) and Bodhi Tree Systems. RIL entities and Bodhi Tree Systems invested Rs 15,145 crore in Viacom18, resulting in Paramount no longer accounting for it under the equity method. ....

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