CCI approves ₹70,350 crore merger of Reliance and Disney India
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The Competition Commission of India (CCI) has given its approval for the ₹70,350 crore merger between Reliance Industries (RIL) and Disney's Indian media assets. This decision was announced on Wednesday, just one day before RIL's 47th annual general meeting. The approval is contingent upon certain voluntary modifications being implemented by the involved parties.