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Walt Disney Co and Reliance Industries in Final Talks for Mega Merger

In a bid to establish India's largest media and entertainment business, Walt Disney Co and Reliance Industries (RIL) are reportedly in the final stages of negotiations for a significant stock-and-cash merger. According to a report by The Economic Times, the two ...

Reliance And Walt Disney In Talks To Merge Indian Media Operations: Report

Reliance Industries and Walt Disney have inked a non-binding term sheet to merge their Indian media operations. According to exclusive reports by The Economic Times, the deal is poised to create one of the country's largest entertainment empires, with far-reaching implications ...

Mukesh Ambani's RIL, Disney Preparing Term Sheet To Merge India Operations: Report

Mukesh Ambani-owned Reliance Industries and Walt Disney Co. are finalizing details of a non-binding term sheet to merge their Indian media and entertainment operations, reported The Economic Times on Tuesday quoting executives involved in the deal. The deal is expected to ...

Walt Disney's Pixar Animation Studios Lays Off 75 Employees

Walt Disney's Pixar Animation Studios has laid off 75 employees, including the two lead executives behind the box office disappointment "Lightyear", sources said on Saturday. It is the first significant job cut at the studio in a decade. Among the lay-offs, ...

Walt Disney Implements Second Round Of Layoffs, Eliminating 'Several Thousand' Jobs

Walt Disney Co, a global entertainment giant, is reportedly set to implement another round of layoffs on monday. Disney is set to initiate a second round of workforce reductions resulting in the elimination of thousands of jobs. This move is part ...

Walt Disney To Layoff Employees Again?

Walt Disney Co continues to follow the footsteps of several big companies laying off its employees in the new financial year. The leading global entertainment company is planning to cut thousands of positions next week, including about 15% of the staff ...

Govt clears 19 FDI proposals entailing Rs 2,327 cr investment

The government has cleared 19 foreign investment proposals, including that of Walt Disney Company and Reckitt Benckiser (India), entailing total investment of Rs 2,326.72 crore. "Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on ...