Jio has made all necessary submissions to IN-SPACe, the space industry regulator, and the required authorisations are expected soon, one of the people cited earlier told ET. The authorisations are mandatory for deploying global satellite bandwidth capacity in India.
RIL share price: The stock has been out of limelight for over two years, as it digested strong rally during 2020-21. It is now poised to conclude this consolidation and expected to lead Nifty in 2024.
Reliance Industries Ltd (RIL) and Walt Disney Co signed a non-binding term sheet in London last week to move ahead with plans to create Indias largest media and entertainment business, said people with knowledge of the matter.
Reliance Disney: Kevin Mayer, a former Disney executive brought back in July by chief executive Bob Iger as an adviser to help him navigate the company’s legacy television business and the ESPN sports network and Manoj Modi, a close confidante of Ambani, were among those present in the meeting. Both have been negotiating for months now to finalise the term sheet document.
Reliance, Disney ink non-binding agreement for merger financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.