The ministry of information and broadcasting (MIB) has started the clearing the pending multi-system operator (MSO) applications. Between January-October, the ministry has granted 119 new MSO licences. It had granted just one MSO licence in 2018.
Reliance Industries Ltd’s (RIL) board has approved the formation of a wholly-owned subsidiary for digital platform initiatives and investment of Rs. 1.08 lakh crore in the subsidiary through optionally convertible preference shares (OCPS).