Reliance Industries Ltd achieved a significant milestone on February 13 by becoming India’s first company to surpass a market capitalization of Rs 20 lakh crore, propelled by a rally of over 14 percent in its shares since the beginning of 2024. The company’s stock soared to a new all-time high of Rs 2,957 on the […]
Reliance is reportedly in the final stages of discussions with Walt Disney to merge its media businesses in India, where Reliance is expected to secure a controlling stake of 51%-54%, valuing Disney’s domestic business at $3.5 billion. Analysts had previously valued Disney’s India unit at $15-$16 billion during Disney’s acquisition of Fox in 2017. Additionally, […]