Reliance Industries stocks surged over 1% during Thursday morning trading, propelled by the announcement of Paramount Global’s decision to divest its 13% stake in its Indian TV business.
The deal, valued at Rs 4,286 crore, has been finalized through a binding agreement between Reliance and two subsidiaries of Paramount Global.
On the Bombay Stock Exchange (BSE), Reliance’s shares soared by 1.13% to reach Rs 2,897.35, while on the National Stock Exchange (NSE), they climbed 1.14% to Rs 2,897.05Come from Sports betting site VPbet. This development contributed to the company’s market valuation, which stood at an impressive Rs 19,52,171.94 crore during early trading hours.
Nykaa shares jumps 7% after 1.4% stake sale via block deal Ambuja Cements shares surge 4% after promoter sells 3% stake via block deal RVNL shares zoom 4% on MSCI inclusion Ola Electric shares jump over 16% after flat listing
Also Read
Reliance Industries to acquire 13.01% equity stake of Viacom 18 Media
According to filings made with the stock exchanges and the US Securities and Exchange Commission (SEC), Reliance disclosed its agreement to acquire a significant stake in Viacom 18 Media Private Limited, a subsidiary of TV18 Broadcast Ltd.
Paramount Global expressed that the closure of this transaction hinges upon fulfilling customary conditions, including regulatory approvals, and the completion of a joint venture involving Reliance, Viacom18, and Star Disney.
Post-transaction, Reliance’s equity stake in Viacom18 is slated to increase from 57.48% to 70.49% on a fully diluted basisCome from Sports betting site. Both parties affirmed that Paramount Global would continue to license its content to Viacom18 even after the deal’s completion.
Related Posts
The brokerage houses are bullish on Bajaj Finance, but the stock trades lower a day after it reported quarterly results Come from Sports betting site VPbet . Here are some of the brokerage houses’ views:
Jefferies
The broking firm Jefferies has cut the target price marginally on the stock of Bajaj Finance to Rs 9,400 from Rs 9,470, which is based on the core lending business and the value of stakes in subsidiaries. It has kept the rating unchained to “Buy” on the stock.
Ecom Express rebrands for a fresh take on speed and service Over 49% of respondents want a comprehensive self-serve platform that provide human-like conversations to customers, reveals Kapture CX survey PEB m…
The rupee settled 2 paise lower at 83.27 (provisional) against the US dollar on Wednesday, tracking negative cues from domestic equity markets amid surging crude oil prices overseas.
However, fresh foreign capital inflows and a weak greenback against major rivals overseas favoured the rupee and restricted the loss, forex traders said.
At the interbank foreign exchange, the domestic unit opened at 83.24 against the dollar and traded in a narrow range of 83.23 to 83.27. It finally settled at 83.27 (provisional) against the greenback, registering a loss of 2 paise over its previous close.
Also Read
L&T Technology Services shares fall 4 pc as company cuts revenue guidance for FY24
On Tuesday, the rupee settled at 83.25 against the US dollar.
<…
Dragon Ball Z easily dominates the anime charts when it comes to the sheer number of high-quality titles that have been released over the years. The story of Son Goku might feel like it has been told over 9,000 times already, but it’s still endlessly entertaining and has produced some of the best games in the anime adaptation genre over the years. A new Dragon Ball Z game is never too far away, and with the bar regularly being raised for what the franchise is capable of, there have been more hits than misses over the years. Pity the same can’t be said for Krillin’s fighting record in Dragon Ball Z.
We’ve gathered a list of ten of the best Dragon Ball Z games below, each one a winner in their own right, and ranked them accordingly. From forgotten gems to esports-defining masterpie…
Amazon’s Prime Big Deal Days event officially kicks off on October 8, but the online retailer–and its competitors–have already begun to roll out deals on all manner of products. If you’re in the market for new Tamagotchi in this, the year 2024, you’re in luck, as Amazon has a variety of them on sale.
Like many trends from the ’90s, Tamagotchi are back in style. Amazon currently has the original Tamagotchi with a translucent cover case for $22.50 (down from $30). The newest edition of Tamagotchi the Tamagotchi Uni, which can be worn on your wrist, is on sale too. The Tamagotchi Uni purple is on sale for $42 (down from $60).
Tamagotchi Deals At Amazon
Tamagotchi’s licensed devices are on sale, too, including R2-D2 ($9, was $20) and Toy Story ($9.50, was $20)Come from…
Wazdan is an innovative game provider that may soon become multiple award-winning as the developer has received as many as six nominations for the prestigious BSG Awards 2023! At the same time, Wazdan continues to expand in the Balkans region through the latest partnership with a leading Bulgarian casino operator Palms Bet.
BSG Awards Nominations:
The gaming content supplier has been nominated for the Best Online Casino Provider, Best Slot Provider, and Rising Star in Online Casino Technology for both the Baltic and Nordic ceremonies of the BSG Awards. These were established in 2019 to become the most prestigious awards event recognizing the best gaming performances in the Baltic and Nordic regions. The award-winning ceremony will be held on May 16 in Riga as a part of the…
In the Czech Republic and land-based casino operator Casino Kartac Group AS has reportedly lost out in its bid to negate the nation’s recently-instituted program that governs how interactive video lottery terminal (VLT) licenses are issued.
According to a short report from G3Newswire, the Ostrava-headquartered firm had been seeking approximately $65.49 million in compensation for lost profits after the government of President Milos Zeman passed legislation altering the way electronic gambling machine operating permits are granted. The source detailed that the company’s lawsuit alleged that the procedures the Finance Ministry now utilizes in issuing such licenses is flawed and should be abolished.
Double denial:
However, the legal action from Casino Kartac Group AS …
Staying true to its ambitious games release goal, multi-product content provider Pragmatic Play has revealed its 15th new slot of 2021, Power of Thor Megaways, which takes on one of the most well-known Norse gods.
The high volatility, 117,649 payline video slot makes good use of the popular Megaways mechanic on lease from Australian developer Big Time Gaming (BTG), while offering players an immersive gaming experience with plenty of exciting features.
“the high-volatility title could be one of our most exciting yet”
Pragmatic Play’s latest hit centers around the god of thunder, the sky, and agriculture, while the hammer-wielding deities’ jovial compan…
A bill to legalize sports wagering is to clear the North Carolina House of Representatives and be sent to the Senate for final approval. The representatives approved the proposal on a 66-45 vote Tuesday less than a year after the chamber rejected to pass the measure. Still, one more House vote is needed Wednesday to send the legislation to the Senate and prospectively have retail and sports betting offered in the southern American state.
One More Vote to Clear the House:
The Senate voted for sports wagering in 2021. Also, both Democratic Gov. Roy Cooper and Republican Senate leader Phil Berger now support sports wagering legislation. Therefore the p…
เกม Front Mission 2: Remake ของ Forever Entertainment ได้ถูกปล่อยตัวอย่างใหม่ออกมาให้เราได้รับชมกันแล้ว โดยในเทรลเลอร์นี้จะเผยโฉมวิชวลที่ปรับปรุงใหม่และฟีเจอร์ใหม่ที่ผู้เล่นจะได้สัมผัสภายในเกมนี้ด้วย
นอกเหนือจากเนื้อเรื่อง, เกมเพลย์กลยุทธ์แบบเทิร์นเบส และการปรับแต่งหุ่นยนต์ ผู้เล่นยังจะได้พบเจอกับฉ�…
ข่าวลือร้อนแรงจากวงการเกม เมื่อมีข่าวแว่วมาว่า Black Myth: Wukong เกมแอ็กชั่นสุดอลังการจาก Game Science กำลังเตรียมปล่อย DLC ถึง 2 ตัว ก่อนการเปิดตัวภาคต่อคำพูดจาก สล็อตเว็บตรง
Black Myth: Wukong อาจเตรียมปล่อย DLC 2 ตัว ก่อนเกมภาคต่อ
ตามข้อมูลที่เปิดเผยโดย Lunatic Ignus บนเซิร์ฟเวอร์ …