Reliance and its affiliates are expected to own at least 61% in the merged entity, with Disney holding the rest.

The company stated this in a stock exchange filing.

According to the report, Disney may finalise and announce the deal as early as next month.

The platform will soon be introducing more features like multi video, picture-in-picture and multi-lingual support for Indian languages. 

The objective will be to develop and deliver high quality, affordable products which solve every Indian's daily needs.

Pankaj Mohan Pawar has been appointed as the company's managing director for five years.

Can the Mukesh Ambani-backed network dent the reigning duopoly in sports broadcasting in India?

Joshi had written a letter in May 2020, announcing salary reductions. Yesterday he reversed it, "All these pay-outs will be effected along with the October 2020 payroll."

Facebook is emphasising how its investment of Rs 43,574 crore in Jio Platforms will help India’s farmers and small businesses. But there are major implications for Indian media too.

Chairman and managing director of Reliance Industries, Mukesh Ambani announced that Jio Fiber will be launched on September 5, 2019