NCLT Approves Merger of Viacom18 and Star India
The National Company Law Tribunal (NCLT) has approved the merger between Viacom18 and Star India, creating India’s largest media conglomerate. This joint venture, valued at over ₹70,000 crore, combines extensive television and streaming assets. Reliance Industries holds a 63.16% stake, while Walt Disney owns 36.84%, positioning the entity to reshape the country’s entertainment landscape.
