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After megamerger with AT&T, five Time Warner executives set for $180 million payout

Patience, they say, is a virtue. And sometimes, patience pays . Just ask Time Warner’s top five executives who will will walk away with combined exit packages worth $180 million after their company’s merger with AT&T was approved by a federal court. The $85 billion deal between the two giant...

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AT&T, Time Warner’s merger cleared by court

20 months after AT&T’s announced its potential deal for Time Warner, the US District Court for the District of Columbia has cleared the merger between the two giant companies. The ruling will now enable AT&T to purchase Time Warner for $85 billion.

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NDCP2018 may get Cabinet nod by July-end: Minister

The India government is hopeful that the New Telcom Policy 2018, which has been rechristened as National Digital Communication Policy 2018 incorporating TRAI’s suggestions to make regulations contemporary, will get the Cabinet approval by July end this year.

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Reliance Jio subscriber base up 16.5% QoQ to 186.6 million

According to Reliance Industries Limited’s annual report, Jio had 186.6 million subscribers at the end of March, up 16.5% from the 160.1 million at the end of last year. The company, however, did not mention how many of these are active subscribers.

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Mukesh Ambani keeps salary unchanged for 10th year in a row

Reliance Industries (RIL) chairman and India’s richest man Mukesh Ambani kept his annual salary capped at Rs 15 crore for the tenth year running. RIL’s annual report released on Thursday said Ambani’s decision to freeze his pay shows "his desire to continue to set a personal example for moderation...

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