Reliance-Disney merger deal: Billionaire Mukesh Ambani-led Reliance Industries Ltd, its step-down unit Viacom18 Media Pvt Ltd, and Walt Disney Company announced the completion of the transaction on Thursday, November 14, to form a joint venture valued at ₹70,532 crore to create India's largest media and entertainment powerhouse. The newly formed divisions are entertainment ---which houses Reliance's Colours television channels and …
