RIL will be having a 16.34 per cent stake, Viacom18 46.82 per cent and Disney 36.84 per cent. Viacom18 is a subsidiary of TV18 Broadcast Ltd, which in turn is a subsidiary of Network18 Media & Investments Limited.
If one thing can define the entrepreneurial style of India s richest businessman, it s scale. Ambani has a penchant for creating humongous businesses with an amazing sweep across the country s 140 crore population.
Reliance Industries shareholders, who would be holding the oil-to-telecom major's shares as on July 20, would be eligible to receive shares of JFS (Reliance Strategic Investments Ltd) in the 1:1 ratio
Jio Financial Services: Can RIL do a repeat of 2005? 3-5% upside possible for Reliance shares, says Nuvama businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.