TV18, Network 18 shares surge up to 13% on CCI approval of RIL-Disney merger

August 29, 2024

TV18 Share Price: Shares of TV18 Broadcast and Network18 Media and Investments rose after the Competition Commission of India approved the merger of Viacom18 and Star India. The approval sets the stage for creating India’s largest media and entertainment firm, with Reliance holding a 56% stake, Disney 37%, and Bodhi Tree Systems 7%.

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Stocks to buy: Swiggy, RVNL and TVS Motor on investors’ radar

Benchmark BSE Sensex dropped 72 points as IT shares retreated. Swiggy fell 1.2%, RVNL gained 0.8%, and TVS Motor declined 1.5%. Analyst Viral Chheda advises

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US corporate bond spreads hit widest in about 6 months on recession fears

The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.

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