Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 50)
50.
By what percentage is Tata Sons increasing its stake in Tata Play?
Answer: Option
Explanation:
The Competition Commission of India (CCI) has approved Tata Sons’ plan to acquire an additional 10% stake in Tata Play from Baytree Investments (Mauritius) Pte Ltd. This move is part of Tata Sons' strategy to strengthen its position in India's digital entertainment and content distribution market. The acquisition will enhance Tata Play’s market standing, especially in providing Pay TV and OTT services, positioning the company more prominently in the growing digital entertainment sector.
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