RIL rallies but TV18, Network18 fall 5% as investors react to Ambani-Disney deal

February 29, 2024

Reliance Industries and Disney form a joint venture combining Viacom 18 and Star India businesses. Jefferies values Disney’s business lower. The JV has cricketing rights and a 40% share of the advertising market. Media assets include Colors, StarPlus, StarGOLD, Star Sports, Sports18, JioCinema, and Hotstar.

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Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%

Just Dial reported a 43% YoY rise in Q3FY25 net profit to ₹131.31 crore, with revenue up 8.4% to ₹287.33 crore. Sequentially, profit declined 15%.

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34 mutual fund NFOs mobilised Rs 13,852 crore in December

In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337

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