NCLT approves mega merger between Reliance's Viacom18 and Disney's Star India

The National Company Law Tribunal (NCLT) has approved the merger between Reliance’s Viacom18 and Disney’s Star India, marking a significant consolidation in the media and entertainment industry. The merger is expected to create a larger entity with enhanced capabilities in content creation, distribution, and market presence. This approval follows extensive regulatory review and is seen as a strategic move to strengthen market position and compete more effectively in the evolving media landscape. The merger aligns with broader industry trends of consolidation and synergy in the entertainment sector.