According to experts, the Disney-Reliance merger could drive up ad rates for major properties like IPL and the World Cup, but its impact on general entertainment content may be limited
Isha Ambani, Akash Ambani and Anant Ambani to be appointed Non-Executive Directors of the company
The team will participate in the inaugural edition of Major League Cricket (MLC)
The move is the first major overseas expansion of Reliance Industries’ cricket operations in the global franchise-based cricket leagues
Sunil Bharti Mittal and Kumar Mangalam Birla take the second and third spot respectively
Total income jumped to Rs 3886.16 crore compared to 3671 crore in the trailing fiscal
The winning bid and the team will be enrolled for the seventh edition of the tournament and onwards
The company has witnessed robust financial performance with 33.7% YoY revenue growth and 55.4% YoY EBITDA growth
With this investment, Jio Platforms has raised Rs 67,194.75 crore from technology investors including Facebook, Silver Lake, Vista Equity Partners and General Atlantic in less than four weeks
This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore
In addition to the FB investment, the Board was informed that RIL has received interest from other strategic & financial investors and is poised to announce a similar-sized investment in coming months
Reliance Industries, its philanthropic arm, Reliance Foundation, along with Zomato, Taj Hotels, Uber and Oppo, were listed as companies whose Coronavirus responses resonated most
Under the new arrangement, TV18 Broadcast, Hathway Cable & Datacom and Den Networks will merge into Network18 Media & Investments