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.
In a major consolidation move within Coca-Cola’s bottling ecosystem in India, Kandhari Global Beverages — one of the company’s leading bottling partners — has acquired the bottling operations of Wave Beverages for...
Federal Bank has appointed Venkatraman Venkateswaran as its new Executive Director on the board, filling the position left vacant by Shalini Warrier’s departure. The appointment has received approval from the Reserve Bank...
In an effort to boost travel during the traditionally slow monsoon season, travel platforms, airlines, and accommodation providers are rolling out attractive monsoon sales. These promotions aim to tap into the growing...
The credit card market saw a much-needed lift in May, thanks to holiday travel, with spending rising to ₹1.9 lakh crore — a 3% jump from April and a robust 15% increase...
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