Mukesh Ambani’s Reliance signs massive Rs 198000000000 deal, to now own Indian Cricket Team’s…Mukesh Ambani’s Reliance Industries is also reportedly planning to inject Rs 12451 crore in the mega media entity. Mukesh Ambani’s Reliance is a dominating market leader in a range of segments and it appears that he will soon also become owner of India’s largest media empire. This means that Mukesh Ambani has signed a massive deal worth over Rs 19800 crore to own 61% stake in Indian Cricket Team’s key streaming partner. Mukesh Ambani’s Reliance Industries is also reportedly planning to inject Rs 12451 crore in the mega media entity. With Mukesh Ambani's company merging with Disney Hotstar, it's crucial to recognize the significant losses incurred in the competitive landscape against Jio Cinema.

Source: dna February 26, 2024 01:16 UTC