Reliance & Disney have formally announced their mega merger.
Combined Entity's Worth: ₹70,352 Cr
The JV has been approved by Competition Commission of India and anti-trust authorities in the EU, China, Turkey, South Korea & Ukraine.
The merged ent
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The quite power behind the India's biggest business empire 'Reliance'.
Mukesh Ambani his wife and their 3 children each of them holds 0.12% in Reliance whereas Kokilaben holds 1.57 crore shares (0.24%) worth more than 18000 crores. In 1955 she marrie
History in the making! The CCI just greenlit the $8.5 billion Disney-Reliance media merger.
What's the big deal?
Reliance + affiliates: 63.16% stake
Disney: 36.84% stake
Result: A media powerhouse with 2 streaming services & 120 TV channels
Why it