Competition Commission of India

Reliance Industries Seeks Approval for $8.5 Billion Merger Involving Viacom18 and Star India

Reliance Industries seeks CCI approval for an $8.5 billion merger involving Viacom18 and Star India, aiming to solidify its position in the media industry. This strategic move could reshape the Indian media landscape, creating a powerhouse to compete with other major players. Industry experts anticipate innovative content offerings and compelling entertainment experiences for consumers as a result of this merger.