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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The long-ignored Viacom18 is now Reliance’s last chance to dominate entertainment. Industry titans have come together to make it happen.
This week, after months of deliberations, Mukesh Ambani finally sold a massive part of his media venture Viacom18. About 40% of Viacom18 will now be owned by Bodhi Tree Systems, an investment firm operated by Uday Shankar, one of the most influential media executives in India, in partnership with British-American billionaire and media mogul James Murdoch.
Shankar is the former Asia-Pacific president of Disney and the former chairman of Star and Disney India. After two decades of what was arguably the most successful media career in India, Shankar quit Disney in late 2020 and last year started his investment firm …
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?
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
