The $8.5 bn mega-merger between Reliance Industries (RIL), Viacom18 and Star India, a wholly-owned subsidiary of the Walt Disney Company, is awaiting a critical nod from Competition Commission of India (CCI). This merger, poised to create India's largest entertainment conglomerate, was filed with CCI in May. If it goes through, it will transform Star India into a JV co- owned by RIL, Viacom18 and Disney.

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