The merged company, majority-owned by Mukesh Ambani’s Reliance, would control cricket broadcast rights, sparking concerns over pricing power and dominance in advertising.
Reliance will infuse $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake. Disney will hold about 37%, the companies said in a joint statement.
Sharmila also announced the merger of her YSR Telangana Party with Congress. She founded the outfit after parting ways with her brother, Andhra CM Jagan Reddy, in July 2021.
Report comes day after Sony Pictures Entertainment said it took country's markets regulator's order banning Zee Entertainment CEO from holding board positions 'seriously'.
Existing officers would continue in their departments, while the new officers could be recruited into a common IRMS. Railways spokesperson says matter is being deliberated upon.
Railways Minister Piyush Goyal met officers of different railway services Wednesday to address concerns over proposed merger, find ways to bypass hurdles.
Who knows the Lamborghini guy escaped the toll on purpose. After all, they could not test the beast by touching the odometer to 200 kmph. Most highways in India do not have the speed limit beyond 120 kmph.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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