According to people familiar with the situation, the merger of Walt Disney’s Star India and Reliance Industries Limited’s (RIL) Viacom18 is expected to be formally completed in early November after regulatory clearances in India.
The $8.5 billion merger will result in the creation of India’s largest and most influential media and entertainment empire. Viacom18 will provide Star India its assets as part of the merger agreement; Star India will run the business after the merger.
The Gift Nifty is signaling a weak opening for Indian markets, trading around 23,974—nearly 298 points below the Nifty futures’ previous close. This decline comes amid heightened geopolitical tensions, as Pakistani drones...
Buyers of luxury cars and SUVs in India could soon enjoy significant price drops, thanks to the proposed India-UK Free Trade Agreement (FTA). According to a recent statement by the UK government,...
With more Indian travellers choosing to bring their furry companions along, airlines and hospitality brands are revamping their services to support pet-inclusive travel. What was once a niche offering is quickly becoming...
In a major development in India’s real estate landscape, Bengaluru-headquartered Bagmane Group has acquired a 124,000-square-metre land parcel from the Indian Railways in Sector 21, Dwarka, Delhi, for a whopping ₹1,530 crore,...
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