Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 190)

2024-05-27 Business

190.

Which company is acquiring full control of Tata Play by buying a 30% stake from Walt Disney Co.?

Reliance

Viacom 18 Media

Tata Group

Adani Group

Answer: Option

Explanation:

Tata Group will acquire full control of Tata Play by purchasing Disney's 30% stake, valuing the company at $1 billion. This transaction aligns with Tata Group's strategy of expanding its presence in the media industry and consolidating its ownership of Tata Play.