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Detailed stories on technology startups, business and economic current affairs.
Mukesh Ambani and Bob Iger have decided to bring together Reliance and Disney and create an unparalleled Indian media behemoth. The man at the center of it all is the former Disney India chief.
At 61, Uday Shankar is going to head a media organization unlike any other in the world.
This week, the much-anticipated media merger between two behemoths, Reliance Industries and The Walt Disney Company, was finally announced. The two firms will now form a joint venture of their Indian media businesses—Viacom18 and Star India—and create an entity currently valued at about $8.5 billion.
In many ways, Reliance Industries chairman Mukesh Ambani and Disney CEO Bob Iger have signed off on a deal that will shape (or rather is) the future of India’s overall media and entertainment sector. Between their two businesses, …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Instead of going after scale like Jio, the Sunil Bharti Mittal-led telecom giant is chasing a smaller but higher-quality customer base to grow its home broadband segment. Will the bet pay off?