RIL shares rise 2% on merger of India entertainment biz with Disney
The Reliance-Viacom18-Disney deal will add ₹40 per share to RIL’s sum-of-the-parts valuation (SOTP), says Jefferies.
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RIL shares fall amid report of deal with Disney
Reliance and Disney to merge their media operations in India and Mukesh Ambani-led conglomerate is likely to hold a 61% stake in the merged entity, as per a report.
RIL shares hit fresh record high; surge 11% in one month
Reliance Industries shares gained 3% to hit a fresh all-time high of ₹2,937.80 today, while market capitalisation touched record high of ₹19.86 lakh crore mark.
Sony-ZEE merger would result in job losses, admits Punit Goenka
The bulk of employee rationalisation is likely to happen in corporate functions
Hotstar’s mantra: Good storytelling and innovation
The OTT player, which launched Hotstar Specials on Monday, says it will focus on good content and tech innovations to tackle competition.
Bollywood lure: Lionsgate Films appoints local head
Lionsgate films is seeking a share in a lucrative Indian media and entertainment industry set to grow at a compounded annual growth rate (CAGR) of 14% to touch Rs2.41 trillion by 2021,
31000000000 Animated Enough?
But now India needs to develop its distinct style of animation.
