Mukesh Ambani commits Rs 22,000 crore investments in big bet on M&E
India’s richest man, Mukesh Ambani, is betting big on the media & entertainment business, with Reliance Industries Limited’s (RIL) committed investments in the segment already crossing Rs 22,000 crore in less than a year. On Wednesday, RIL announced that it would infuse Rs 11,500 crore into the proposed joint venture (JV) with Walt Disney. In …