Mukesh Ambani gets thumbs up for massive Rs 703520000000 business, NCLT approves plan to…The new entity will be spearheaded by Mukesh Ambani’s wife Nita Ambani as the chairperson. Mukesh Ambani’s Viacom18 recently signed a massive deal with Disney India to create a Rs 70000 crore behemoth. Months after reaching the deal, National Company Law Tribunal (NCLT) has reportedly given thumbs for the merger plan involving Viacom18 and Walt Disney's Star India. While announcing the deal, Mukesh Ambani’s Reliance revealed that it would invest Rs 11500 crore in the mega media entity. The new entity will be spearheaded by Mukesh Ambani’s wife Nita Ambani as the chairperson.
Source: dna May 17, 2024 09:34 UTC