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Reliance, Walt Disney Close $8.5 Billion Merger Of Indian Media Assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO.
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
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Nvidia CEO Joins Hands With Mukesh Ambani To build AI Infrastructure In India
The two executives shared the stage at Nvidia's AI summit in Mumbai on Thursday and said a new major data center by Ambani's Reliance Industries Ltd. in India is set to use the latest chips from the chip giant.
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Nvidia AI Summit India Fireside Chat: Jensen Huang, Mukesh Ambani Join Hands to Build AI Infrastructure in India
Nvidia CEO Jensen Huang and the Chairman and the Managing Director of Reliance Industries Mukesh Ambani sat together for a fireside chat on Thursday. The fireside chat was hosted as a part of the Nvidia AI Summit India event and was focused on the company’s artificial intelligence (AI) strategy in India. During the conversation, Huang announced t...
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Nvidia Rolls Out Hindi-Language AI Model In India As CEO Huang Visits
Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said.
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Developer Buys "JioHotstar" Domain, Wants Reliance To Fund Higher Studies
In a letter to Reliance Industries executives, the developer, who prefers to remain anonymous, detailed his journey of purchasing the domain.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Tribunal Approves $8.5 Billion Reliance, Walt Disney Merger
A company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney's Indian media assets, Reliance said on Friday.
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Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
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Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger
The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.
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Apple Trained Two AI Models Using Google's Chips, Research Paper Shows
Apple relied on chips designed by Google rather than industry leader Nvidia to build two key components of its Artificial Intelligence (AI) software infrastructure for its forthcoming suite of AI tools and features, an Apple research paper published on Monday, July 29 showed.
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$8.5 Billion Reliance-Disney Merger Faces 100 Antitrust Queries: Report
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.
-
Reliance, Walt Disney Close $8.5 Billion Merger Of Indian Media Assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO.
-
Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
-
Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
-
Nvidia CEO Joins Hands With Mukesh Ambani To build AI Infrastructure In India
The two executives shared the stage at Nvidia's AI summit in Mumbai on Thursday and said a new major data center by Ambani's Reliance Industries Ltd. in India is set to use the latest chips from the chip giant.
-
Nvidia AI Summit India Fireside Chat: Jensen Huang, Mukesh Ambani Join Hands to Build AI Infrastructure in India
Nvidia CEO Jensen Huang and the Chairman and the Managing Director of Reliance Industries Mukesh Ambani sat together for a fireside chat on Thursday. The fireside chat was hosted as a part of the Nvidia AI Summit India event and was focused on the company’s artificial intelligence (AI) strategy in India. During the conversation, Huang announced t...
-
Nvidia Rolls Out Hindi-Language AI Model In India As CEO Huang Visits
Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said.
-
Developer Buys "JioHotstar" Domain, Wants Reliance To Fund Higher Studies
In a letter to Reliance Industries executives, the developer, who prefers to remain anonymous, detailed his journey of purchasing the domain.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Tribunal Approves $8.5 Billion Reliance, Walt Disney Merger
A company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney's Indian media assets, Reliance said on Friday.
-
Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
-
Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger
The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore.
-
Apple Trained Two AI Models Using Google's Chips, Research Paper Shows
Apple relied on chips designed by Google rather than industry leader Nvidia to build two key components of its Artificial Intelligence (AI) software infrastructure for its forthcoming suite of AI tools and features, an Apple research paper published on Monday, July 29 showed.
-
$8.5 Billion Reliance-Disney Merger Faces 100 Antitrust Queries: Report
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters.
