Reliance Industries and Walt Disney have announced a joint venture in which they will MERGE their streaming and TV operations in India, giving rise to a $8.5 billion entertainment juggernaut that leaves little space for a bunch of their competitors. Here's all you need to know about the media behemoth!
1 Mar 2024The new offer of $38 a share of 21st Century Fox, which would be split 50-50 in cash and stock, is $10 higher than Disney's first bid in December 2017. The Disney-Comcast contest will determine who controls much of Rupert Murdoch's empire, including Fox's movie and TV studios, television networks such as FX, and multichannel providers like Star India and Sky Plc. The new offer gives Fox shareholders the option to take their payment in the form of cash or stock, up to a 50-50 level. The previous agreement was an all-stock deal, and Comcast's cash offer was seen as a significant enticement.
21 Jun 2018The new offer of $38 a share of 21st Century Fox, which would be split 50-50 in cash and stock, is $10 higher than Disney's first bid in December 2017
1 min read20 Jun 2018In other news, all six exit polls predict a BJP win in Gujarat and Himachal Pradesh elections, results for which will be declared on 18 December
3 min read15 Dec 2017In other news, Flipkart completes buyback of employee stock options worth $100 million
3 min read14 Dec 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared