On Wednesday, the Competition Commission of India approved the $8.5 billion merger involving Reliance Industries Limited (RIL), Viacom18 Media, Digital18 Media, Star India Private Limited (SIPL), and Star Television Productions Limited (STPL). This merger will unite the entertainment assets of Viacom18, part of the RIL group, with those of SIPL, a subsidiary of The Walt Disney Company. The approval is contingent on the implementation of voluntary modifications to address potential competition issues.