The Competition Commission of India (CCI) has given the green light to the merger between Reliance Industries and Walt Disney’s Indian media assets, a deal valued at $8.5 billion. This landmark approval moves the two media giants closer to forming a powerful entertainment conglomerate poised to compete with global heavyweights like Amazon, Netflix, and Sony Pictures Networks.
The CCI’s…
The Mumbai bench of the National Company Law Tribunal (NCLT) has scheduled the final hearing for the merger of Walt Disney-owned Star India with Reliance Industries-owned Viacom18 on August 1. This decision follows the tribunal’s order dated July 11, which mandates both parties to issue a fresh notice of the final hearing to relevant authorities, including central and state governments, tax…
