Which company is acquiring full control of Tata Play by buying a 30% stake from Walt Disney Co.?

ANS:C - Tata Group

Reliance Industries is acquiring full control of Tata Play by purchasing a 30% stake from Walt Disney Co. This strategic move allows Reliance Industries to consolidate its position in the Indian media and entertainment sector, enhancing its capabilities in direct-to-home (DTH) television services. Tata Play, formerly known as Tata Sky, is a leading DTH service provider in India, and Reliance's acquisition of the additional stake represents a significant step in expanding its media and entertainment portfolio. The purchase from Walt Disney Co., which had previously held a substantial share in Tata Play, facilitates Reliance's goal of leveraging its extensive resources and expertise to drive growth and innovation in the sector. This acquisition is expected to strengthen Reliance Industries' presence in the Indian market and provide new opportunities for synergy between its various business units, including its digital and telecommunications divisions. The move reflects Reliance's ongoing strategy to invest in and diversify its business interests, positioning itself as a major player in the rapidly evolving media and entertainment landscape.