Tag Archives: Reliance Industries

In a surprising turn of events, a Delhi-based app developer who sought to sell the JioHotstar domain to Reliance Industries has transferred ownership to two young siblings from Dubai. Thirteen-year-old Jainam Jain and ten-year-old Jivika Jain have now become the proud owners of the domain, as reported by India Today.

In an unexpected turn of events amid the rumored merger between Reliance's JioCinema and Disney's Hotstar, a Delhi-based developer has acquired the domain name "JioHotstar." This acquisition comes as speculation mounts about the impending consolidation of the two media giants, which is reportedly nearing completion following necessary regulatory approvals.

According to a report by Informa Connect Academy, Elon Musk, the CEO of Tesla and SpaceX, may become the world's first trillionaire by 2027. With a current net worth of $237 billion, Musk would need to grow his wealth at an annual rate of 110% to achieve trillionaire status within the next few years.

The upcoming nuptials of Anant Ambani, the youngest son of Reliance Industries chairman Mukesh Ambani, and Radhika Merchant have set the stage for a grand celebration, with notable figures from around the world receiving invitations to the highly anticipated event.

In a move poised to shake up India's media and entertainment landscape, Mukesh Ambani-led Reliance Industries is reportedly in advanced discussions to purchase a significant stake in Tata Play, formerly known as Tata Sky, from its current shareholder Walt Disney. According to sources cited by the Business Standard newspaper, Reliance is eyeing approximately 29.8% of Tata Play's stake, currently held by Disney.

Disney is exploring discussions with potential buyers, including Adani and Sun TV, to sell its India streaming and television business, including assets such as sports rights and Disney Hotstar. The move comes amid changing market dynamics after Reliance Industries secured streaming rights to the Indian Premier League cricket tournament and chose to broadcast it for free.