Finally, a huge deal has been made in the international entertainment industry. E-commerce giant Amazon has bought Hollywood film production company MGM for $ 845 crore (approximately Rs 61,685 crore). With a history of over a hundred years, MGM owns over 4,000 of the most popular films besides James Bond films and 17,000 TV serials. The acquisition is expected to boost Amazon’s video business.
Anjani Portland buys Bhavya cements:
Anjani Portland Cement acquires Bhavya cements to increase market share and production capacity. Anjani Portland has revealed that it has reached a share purchase agreement. It buys Bhavya Cements each share for Rs 51.53. Bhavya Cements was established in 2007. The company manufactures a variety of Portland cement. Bhavya Cements has a turnover of Rs 304 crore in 2019-20.