Reliance Industries reveals an ambitious plan for the rollout of 5G technology, signaling a strategic move to revolutionize the telecommunications landscape and further diversify its business interests.
Reliance Retail’s innovative strategies drive impressive growth, adapting to changing consumer behaviors and preferences, showcasing its agility in navigating the dynamic retail landscape.
“Reliance Industries and Disney’s India division are set to announce their merger soon. This combined entity will be enormous, controlling over 40% of the TV market for entertainment and sports. With the Zee-Sony merger falling through, there’s no other significant competitor left to challenge the dominance of Reliance Industries and Disney.
The merger news comes at a time when both their streaming services are facing challenges. Disney Hotstar has been experiencing a decline, losing IPL rights (to Reliance Industries), HBO content (also to Reliance Industries), and subscribers. Meanwhile, Jio Cinema has been attracting viewers but lacks original content and a solid monetization strategy.
Details about ownership and structure are still limited. Some reports suggest that Reliance Industries will hold a 61% stake and inject an additional $1.5 billion into the venture. Valuation could also be a potential sticking point. Keep an eye on this development!”
Billionaire Mukesh Ambani’s Reliance Industries Ltd.(RIL) and The Walt Disney Company have agreed to merge their digital streaming and television assets in India* , creating an $8.5-billion media behemoth spanning at least 100 channels across entertainment and sports, and two digital streaming platforms.
Exciting news! Reliance Industries and Disney’s merger spells big changes in entertainment. Challenges ahead, but potential for innovation. Can’t wait to see how it unfolds!
Something big gonna happen
Reliance Industries has been in the business for a long period and has shown a strong growth rate over recent years as it has been able to grow its market share
"Reliance Capital is on track to be removed from the stock exchanges and converted into a private entity by the Hinduja Group-led IndusInd International Holdings.
Upon the execution of an endorsed resolution plan, the shares of Reliance Capital (RCL), grappling with debt, will be officially removed from the stock exchanges, complying with the orders of the National Company Law Tribunal (NCLT) and the Securities and Exchange Board of India (Sebi) regulations for the delisting of equity shares in 2021. Reliance Capital’s stock on the BSE concluded Wednesday’s trading session 4.46% lower at Rs 11.8.
As per the resolution plan, shareholders will not receive any compensation for the delisting. The company stated in a filing with the stock exchanges that ““The liquidation value of the equity shareholder of RCL is nil and, hence, the equity shareholders will not be entitled to receive any payment and no offer will be made to any shareholder of RCL.”” Additionally, it mentioned that ““The entire existing share capital of RCL is proposed to be cancelled and extinguished for nil consideration by virtue of the NCLT approval order such that IIHL and/or the implementing entity, and its nominees, are the only shareholders of the corporate debtor.””"
Great news! Its gonna be a big thing… excited to see how it unfolds.
I am so excited for this collab of Disney with reliance. It’s gonna be great.
This is a really big News.Really very Excited for thiss one!!
This is a really big news !! It will bring immense change in entertainment industry and I hope it works out well… excited to see how this one turns out !!
wow thats huge!! can y’all believe this?
Its gonna be a big thing
Can’t wait for this!!!
Oh damn!! That’s interesting. Let’s see how well these companies work together
Yeah ,same can’t wait for it and excited to know more about it
Wow that’s big news.
Exited for this one.
Excellent news, let’s see what happens next.