A $8.5bn (£6.43bn) merger between Disney and Reliance Industries has been provisionally approved by the India's competition watchdog. The venture, in which billionaire Mukesh Ambani's Reliance Industries will have majority stake,

The $8.5 billion merger between Reliance and Walt Disney India has been approved by India's antitrust body, leading to India's largest entertainment business. This merger will create a powerhouse by combining 120 TV channels and two streaming platforms,

Walt Disney Co and Reliance Industries won approval from the Competition Commission of India (CCI) on Wednesday for an $8.5 billion merger of their Indian media assets after offering concessions relating to their grip on broadcasting rights for cricket,

India’s antitrust regulator approved the proposed merger of local media operations of Walt Disney Co. and billionaire Mukesh Ambani’s Reliance Industries Ltd., paving the way for the creation of an $8.

Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight. In a social media post earlier today, the Competition Commission of India (CCI) said the merger could go ahead,

Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets after assuaging regulatory worries about their grip on broadcasting rights for cricket,