Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 487)

2023-08-12 Business

487.

Which two companies have received approval from the NCLT to merge and form a $10 billion entity?

Reliance and Viacom18

Disney and Hotstar

Amazon and Netflix

Zee and Sony

Answer: Option

Explanation:

The National Company Law Tribunal (NCLT) has approved the merger between Zee Entertainment Enterprises and Culver Max Entertainment (formerly known as Sony Pictures Networks India or SPNI). This will create a $10 billion entity that will be one of the largest media and entertainment companies in India.