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Reliance Industries, Walt Disney To Merge Media Businesses In India

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Walt Disney and Reliance Industries, two major companies, have decided to join hands in India. This involves combining their media businesses in our country. Last week in London, these companies agreed to start the process of merging their media operations in India.  This agreement is a major move, as it will create one of India's largest media companies. This new company will be a big player, challenging other major media houses like Zee Entertainment, Sony, and popular streaming services like Netflix and Amazon Prime. The structure of this deal is quite interesting. Reliance Industries will hold a majority, with a 51% share, while Disney will have 49%. This means Reliance will have a bit more control over the new company. They plan to complete this big merger by February. Key people like Kevin Mayer, a former Disney executive, and Manoj Modi, advisor to Mukesh Ambani, have been working hard to make this deal happen. They have been in discussions for months. Now, they will start ...

Reliance Jio Introduces JioBook - An Economical Laptop for All

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  Reliance Jio, under the leadership of Mukesh Ambani, is gearing up to launch an affordable 4G-enabled laptop called JioBook, specifically aimed at students. The   laptop , previously showcased at the India Mobile Congress and available on the Government e-Marketplace for government officials, will soon be accessible to the public through Amazon and Reliance Digital Stores. Sporting a plastic body with the ‘Jio’ logo and weighing just 990 grams, the JioBook promises to be faster than its predecessor, running on the JioOS operating system. It boasts a Qualcomm Snapdragon 665 processor, 2GB RAM, 32GB storage, and a HD webcam. Scheduled for release on July 31, the JioBook operates on JioOS, a modified version of Android, offering 4G and Wi-Fi connectivity options. With an 11.6-inch HD display, a Qualcomm Snapdragon 662 processor, 2GB of RAM, and 32GB of storage, the laptop aims to cater to budget-conscious consumers. Previously available in select cities at around Rs. 16,000, it...