💨 Abstract

Tata Sons has received regulatory approval to acquire an additional 10% stake in Tata Play from Temasek Holdings, increasing its ownership to 70%. Walt Disney holds the remaining 30%. Tata Play and Airtel Digital TV are reportedly merging satellite TV businesses to form a $1.6 billion entity, aiming to adapt to the shift towards digital streaming.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖