Reliance can’t do it since it’s already in JV with Viacom. It will never get CCI approval.

Hey could u name which company has yoir job role or ur company?

Corporate Strategist

Senior Consultant

Welcome to News Discussion's Private Community

Reliance rejected the deal ig

Reliance rejected the deal ig- Grapevine

Welcome to Indian Startups's Private Community

Just read this after getting to know earlier today that one of the cofounders have resigned. Didnt even know that the cofounders never had a stake, they’d just get a salary. Super weird.

Reliance pulls representatives from Dunzo’s board

Not the first nor the last.  Haptik was probably one of the early ones that got arsenic poisoned post Jio acquisition.  Slow slow death.  
  
 Reliance will continue to fiddle around the ecosystem and buy a random set of start ups.  Mukess bhai's fuck-you-money account is a few billions. 250 mil written off makes no difference to his life. 
  
 Start Ups have to learn to get investors on board that have the right intent and roadmap aligned to their vision.  Includes the testicular fortitude to say NO even to Warren Buffet.

Sales Manager

Analyst

First, they had a layoff.
Some people in the leadership quit.
Middle management people are quitting.
They shut down majority of the dark stores.
They are pivoting their business.
They are out of runway.

Dunzo not in a great position

Business Analyst

Saw reliance taking a step back for the first time..   I thought reliance will eliminate the likes of Bigbasket and Udaan to dominate online B2B segment.. this came as a surprise..

Retreat by Reliance

Finance Consultant

Welcome to Office Gossip's Private Community

Flipkart is trying to buy Dunzo to enter WC

Why do they want to enter the World Cup ? never heard of their team

Senior Software Engineer

Hard-core banglorean here.  

Seen dunzo grow from when it was a WhatsApp group in Indiranagar to when it became a verb. What happened to dunzo? 

Call it not understanding what I have read or just plain lazy,  I am not able to fathom what happened to a company that was the OG of its industry and grew with 0 marketing and solely on the product and how it happened. 

Anyone care to simplify it and explain?

Dunzo for dummies.

Project Manager

- The Competition Commission of India (CCI) has sent nearly 100 antitrust queries to Reliance Industries and Walt Disney regarding their $8.5 billion merger of Indian media assets.
- The CCI's inquiries include questions about sports rights, increasing scrutiny of the deal, which aims to create the biggest entertainment company in India with 120 TV channels and two streaming services.
- Reliance and Disney have argued that the merger won't hurt competition, noting that cricket rights will expire in 2027 and 2028, allowing competitors to bid.
- The CCI has also asked why YouTube should be treated the same as paid services like Netflix and Disney, given its significant market share in India.
- The merger, once approved, is expected to control 40% of India's television and streaming market, significantly altering the $28 billion entertainment industry. 

 Source: [Live Mint ](https://www.livemint.com/companies/news/reliancedisney-8-5-billion-merger-faces-scrutiny-cci-sends-100-antitrust-queries-11721640560654.html)

Reliance-Disney $8.5 Billion Merger Faces Intense Scrutiny by CCI

Journalist

There is big layoff 50% in reliance retail - jiomart B2B business.

Reasons
Very poor management, aggressive hiring, creating business that does not exist,  downfall of business.

Compensation -

Asked people to resign & said to serve notice 90 days.
No additional support or benefit.

Layoff in Reliance Retail

Over the past few months the price difference betweem e-commerce websites and stores during sale period have decreased with Reliance Digital and Croma being at par or better than Fk or Amz in terms of pricing (except a few poster items)

Fashion based e-commerce in India is even worse with size issues, courier frauds and high returns. Companies are now charging a non refundable delivery/convinience fee to become profitable.

Reliance has drastically reduced investments in e-commerce and is focussing on expanding offline presence. 

Is the doom of e-commerce in India near

Is e-commerce losing relavance

Product Manager

- **Reliance Industries** is in talks to acquire a stake in **Karan Johar's Dharma Productions**.
- The deal aims to bolster Reliance's position in the **content production industry**.
- **Karan Johar** owns 90.7% of Dharma, with his mother holding 9.24%.
- Past deals fell through due to **valuation disagreements**.
- The Hindi film industry faces financial challenges, with rising costs and declining theater attendance.

Source: [Business News India](https://www.businesstoday.in/latest/corporate/story/mukesh-ambanis-reliance-industries-eyeing-a-slice-of-karan-johars-dharma-productions-report-449858-2024-10-14), [The Economic Times](https://economictimes.indiatimes.com/industry/media/entertainment/reliance-industries-in-talks-to-acquire-stake-in-karan-johars-dharma-productions/articleshow/114196184.cms)

Reliance Eyes Stake in Dharma Productions

- CCI greenlights Reliance-Disney merger valued at Rs 70,350 crore, subject to voluntary modifications
- RIL to hold 16.34%, Viacom18 46.82%, and Disney 36.84% in the new entity
- Joint venture to create media powerhouse with 120 TV channels and two streaming platforms
- Combined content library to exceed 200,000 hours of TV dramas, movies, and sports events
- Merger expected to finalize between Q4 2024 and Q1 2025, rivaling Sony, Netflix, and Amazon in India 

 Source: [The Arc](https://thearcweb.com/article/cci-reliance-disney-hotstar-viacom18-star-J5g3JT4Raaq9AvpJ)

CCI Approves Reliance-Disney Merger in $8.5 Billion Deal

Anybody has an idea what's happening with Dunzo's next funding round? What are the chances investors will bet on this? Or will it lead to an acquisition?

Dunzo next funding round?

Software Engineer

George Soros-Backed OCCRP said to be Planning 'Expose' On Certain Indian Corporate Houses. Another build up in short positions?

Hindenburg 2.0?

Consultant

Abhi 2 din pehle 1 saal ka recharge karwaya

Reliance thinks they have cutting-edge technology, but will soon find out it’s Akamai CDN ka magic

Lawyer

Backend Engineer

Build vs Buy. 

Looks like @Jiocinema is starting with replacing @hotstar in the Indian OTT market. 

Opinions?

Reliance rejected the deal ig

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