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.
ICICI Bank confirmed on Wednesday that it has received a demand notice of ₹49.11 crore from tax authorities for alleged short payment of GST. In a regulatory filing, the bank stated that...
In a landmark decision that could significantly impact the cardiac drug market in India, the Indian Patent Office (IPO) has revoked the patent for Novartis’ blockbuster heart failure medication, Vymada. The ruling,...
SpiceJet has outlined an aggressive winter expansion starting October, traditionally the busiest travel season in India. The budget carrier plans to induct 25 additional aircraft and nearly triple its daily operations to...
Leading Indian fast-moving consumer goods (FMCG) companies have suspended their operations in Nepal following rising civil unrest and violent youth-led protests across the country. Several ongoing and upcoming projects have also been...
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