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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.
Together, the two companies own rights to stream and broadcast a majority of cricket tournaments, including the Indian Premier League.
Reliance and Walt Disney are willing to sell some of their TV channels to secure faster approval for their $8.5 billion mega merger from India’s antitrust watchdog, Reuters reported on Tuesday.
According to the news agency, the two conglomerates are willing to sell fewer than 10 TV channels. However, the concessions are for regional language channels, where the two have significant market share. But both have resisted changes to the lucrative cricket broadcast rights.
The move is likely a bid to alleviate concerns that their merger could create an unfair monopoly. The newly formed entity, if the Reliance-Disney merger goes …
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.
