Page 34 - Reliance Industries

Disney faces charges of up to $2.4 billion due to Star India's removal

The impairment charges stem from the merger agreement between Walt Disney and RIL aimed at creating an $8.5-billion media entity by combining Star India and Viacom18

Tech, cricket big wins for billionaire Ambani in Disney-Reliance tie-up

Reliance's JioCinema is largely free and doesn't disclose user numbers, having started a premium paid offering just last year

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

The development will be negative for other players such as Zee, analysts said, who will now have to compete with a much larger entity

Nifty ends Feb F&O series below 22K; broader indices shine; PSB index up 2%

Stock market highlights on Thursday, February 29: Among sectors, the Nifty Media index closed with losses of 0.76 per cent. On the upside, the Nifty PSU Bank index eked out gains of 1.8 per cent

Reliance gains 2% on forming $8.5 bn JV with Disney merging India media ops

As part of the transaction, the media undertaking of Viacom18, a RIL group company, will be merged into Star India Private, a Disney-owned firm

RIL-Disney deal: What do charts suggest for media & entertainment stocks?

A day after Reliance, Viacom18 and Disney announced a mega joint venture, RIL traded firm, while shares of TV18 group hit the 5% lower circuits. Here's a quick chart check.

Reliance-Disney merger draws Nita Ambani back to business spotlight

Her decision to take the role is a strong signal "that this (media) business is close to the family's heart," said a person familiar with Disney-Reliance deal talks

Stocks to watch: Reliance, Coal India, BHEL, Shriram Finance, UPL, Jio Fin

Stocks to Watch on February 29, 2024: Under the NSE index rejig, Shriram Finance will replace UPL in the Nifty50 index with effect from March 28, 2024

How will Reliance-Disney JV shape up, what will happen with media industry

"The whole narrative will change from TV is dying to TV-plus-digital is the future," says an industry observer

Reliance, Disney sign $8.5 bn deal to form JV, to merge media ops in India

Reliance, led by Asia's richest man Mukesh Ambani, will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake

Uday Shankar to be VC of merged Reliance-Disney media business: Report

Reliance and Disney are expected to make a formal announcement on Wednesday after signing a binding pact. Shankar is set to take a stake of around 9% in the new merged entity

Nita Ambani likely to be chair of merged Reliance-Disney media business

The plans could change ahead of an official announcement. Reliance did not respond to a request for comment, while Disney declined to comment

Disney, RIL sign binding pact to merge media operations in India: Report

Disney owns a minority stake in broadcast service provider, Tata Play Ltd., which Reliance may consider acquiring, according to local news reports

Mukesh Ambani's Jio Financial Services market cap tops Rs 2 trillion

Market players expect Jio Financial, which also operates a payments bank and voice box, and other fintech players to benefit as Paytm will struggle to retain its merchants and customers

Jio Financial market cap crosses Rs 2 trillion; surges 20% in one week

Shares of Jio Financial hit a record high of Rs 325 in intra-day deals on Friday backed by near two-fold jump in trading volumes on the BSE.

Stocks to Watch today: RIL, LTIMindtree, Marurti, NBCC, Axis Bk, Zee, Sugar

Stocks to watch on Thursday, February 22, 2024: As many as 15 stocks are in F&O ban today including Ashok Leyland, Balrampur Chini, Biocon, India Cement, PVR Inox and Zee Entertainment.

AI model backed by Mukesh Ambani's Reliance Industries to launch in March

The BharatGPT group, encompassing an arm of India's most valuable company and eight affiliated universities, offered a sneak peek of the large language model Tuesday

Stocks to Watch today: Zee, Hindalco, RIL, Tata Power, Paytm, TVS Supply

Stocks to watch on Wednesday, February 21, 2024: In news today - Sebi finds Rs 2,000 cr fund diversion in Zee; Hindalco arm files IPO papers in US; Rolls Royce extends pact with TVS Supply Chain.

Flipkart looking to buy Reliance-backed on-demand delivery co Dunzo: Report

The retail arm of Reliance Industries, which picked up a 26% stake in Dunzo in 2022 for $200 million, has not approved the deal yet, the report added

Stocks to Watch today: RIL, Paytm, Vedanta, Coal India, Glenmark, NMDC

Stocks to watch on Thursday, February 15, 2024: In news today - Reliance eyes stake in Tata Play, Vedanta parent mulls stake sale to GQG Partners and ED launches probe in Paytm.