Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
The Securities and Exchange Board of India has approved The Walt Disney Company's deal to increase stake in Ronnie Screwvala-promoted UTV Software Communications beyond 15 per cent, six months after the deal was initially signed. Sebi, the market regulator, has also okayed the US-based company to launch an open offer.
'There is simply too much to watch, read and absorb.' 'Just online consumption (news, entertainment, social media) in India was 2.5 hours a day in November 2024.' 'Add TV (just under 4 hours), other media, and the figure is closer to 7 to 8 hours a day for over one-third of Indians,' points out Vanita Kohli Khandekar.
PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
It also said that to make it easier for people to subscribe, Disney+ Hotstar VIP has tied up with telecom players Jio and Airtel.
Aseem Chhabra picks his top 10 Indian films of 2024, which includes films that have had theatrical releases or are streaming on OTT.
Disney and Citi organised a live musical concert--'Beauty and the Beast' for around 290 underprivileged from various NGOs spread across Mumbai.
Walt Disney Television International Asia Pacific on Friday signed a multi-year deal with the STAR group to distribute Disney Channel and Toon Disney Channel in India.
A spread of eclectic entertainment on OTT for you.
The high and consistent viewership numbers across the platform showcase the nation's unwavering passion for the sport, regardless of the format.
Across the board, brands use influencers like a Bhuvan Bam or Kusha Kapila as the second or third rung of their strategy. The first rung is always a celebrity that has been created outside the Internet, through mainstream media.
July has some interesting content on OTT, with quite a few original shows and movies premiering in the digital space.
Indus Clothing will manufacture branded jeans and fashion accessories in India.
With the rains pouring down on us, August offers yet another reason to stay home!
Literary adaptations, whistleblower pursuits, kidnapped Santas and South India's biggest stars, Sukanya Verma lists them all on OTT this week.
'If you are watching cricket and don't want to leave the screen, you could check the menu and order through Zomato (or any other app) from a small part of your screen. That is what we are working towards.'
Siddharth Roy Kapur will take charge as managing director of the Walt Disney Company India from January 1.
Urvi Malvania reports on Disney India's year of ups and downs and the films that saved the studio.
Its success script: Investing more in local content ecosystem; growing its partnership footprint.
Patriotism, politics, pain, it's all there on OTT this week.
Ranbir, Rashmika, Raveena, Vic, Nic, it's raining movie stars on OTT this week. Sukanya Verma lists her recommendations.
Prakash Kovelamudi talks about his Telugu feature film Anaganaga O Dheerudu which is produced by Walt Disney.
Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.
'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'
Amazon had decided not to participate in the bidding as the company did not find it a viable option for growth in India
From Vijay Devarakonda to Kung Fu Panda, Sukanya Verma lists everything you can watch on OTT this week.
She's inside the Bigg Boss OTT house, ready to charm everyone.
The merger and acquisition (M&As) transactions have picked up pace in the March quarter of 2024 with 455 deals amounting to $25.6 billion deal value announced. This is a 24 per cent rise in deal volume as compared to Q4CY23, according to PwC India report. This signals a shift from the declining trend observed in 2023, as per PwC India's report Deals at a glance.
Walt Disney has laid off about 250 employees and replaced them with Indians holding H1-B visas.
Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard. According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.
Having won their first trophy in 2002 under Mohammad Kaif, Indian teams have have since gone on to win the U-19 World Cup in 2008, 2012, 2018 and 2022.
The Finance Ministry further said decision on seven FDI proposals has been deferred.
Industry experts believe that this deal will positively impact the Indian film industry, which is struggling with fewer movie releases.
India's solitary ODI series win in the Rainbow nation occurred in 2018, emphasising the need for a strong beginning from Ruturaj Gaikwad and B Sai Sudharsan.
There are a whole lot of cop-themed movies on OTT this week.
Telugu film Anaganaga O Dheerudu to be produced by Walt Disney.
The year was rich in content as far as Web series were concerned.
