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.
From the Pravasi Bharatiya Sammelan to Kumbh Melas, India has shown it can manage complex events, a capability later reinforced on the global stage during its G20 summit.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
Overall, President Droupadi Murmu has approved Gallantry awards to 70 armed forces personnel, including six posthumous, on the eve of 77th Republic Day.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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