Reliance JioCinema, the entertainment division of India’s Reliance, has entered into an agreement with The Pokemon Company to feature children’s shows and movies on its platform, sources familiar with the deal revealed. This move is part of Reliance’s strategy to enhance its content library in the face of increasing competition from streaming rivals like Walt …
Reliance Industries Ltd., led by Mukesh Ambani, Asia’s wealthiest tycoon, is reportedly nearing a significant deal involving cash and stock to acquire Walt Disney Co.’s operations in India. This deal revolves around Disney’s controlling stake in the Disney Star business, valued at approximately $10 billion, offering an alternative to the previously considered piecemeal transactions. Reliance …
Mukesh Ambani, chairman and managing director of Reliance Industries, stated in his speech to the shareholders on Monday that the company’s media division, which includes Viacom18 and Network18, achieved its highest growth last year as a consequence of strong engagement that led to record subscriptions and advertising revenues. “Our national channels CNN, News18, CNBC TV18, …
Reliance Jio, owned by billionaire Mukesh Ambani, became the highest bidder for 5G spectrum on Monday, paying 88,078 crores to buy over half of the airwaves offered in the most recent auction. The Adani group paid 212 crores for 400 MHz, or less than 1% of all spectrum sold, according to Telecom Minister Ashwini Vaishnaw. …
5G spectrum auction ends with bids reaching 1.5 trillion Read More »
Akash M. Ambani, a non-executive director and Mukesh Ambani’s son, has took charge of the board of directors of Reliance Jio Infocomm Ltd, RIL’s digital and telecom division, in a momentous succession for the Reliance Industries (RIL) empire. Following Mukesh Ambani’s resignation as the company’s Director with effect from June 27, Akash was elevated. Mukesh …
Akash receives the reins of Reliance Jio from Mukesh Ambani Read More »
