iWorld
Bodhi Tree partners author Amit Khan to create original OTT and TV projects
MUMBAI: Bodhi Tree Multimedia Ltd (BTML) has signed an MoU (Memorandum of Understanding) with celebrated Hindi novelist Amit Khan’s creative venture, Amit Khan Content Hub (AKCH), to jointly develop premium original content for television and OTT platforms.
The partnership combines BTML’s production scale, operational expertise, and financing capabilities with AKCH’s prolific storytelling and loyal reader base. Together, they aim to deliver narratives that balance mass appeal with creative depth.
A special purpose vehicle (SPV) will be formed, with BTML holding a majority stake. BTML will handle financing, operations, and strategic partnerships, while AKCH will lead creative development and production execution.
Author of over 100 Hindi pulp-fiction novels and founder of AKCH, including the iconic Commander Karan Saxena series (which was later adapted into a Jiocinema series of the same name), Amit Khan said, “I am thrilled to join hands with BTML, a company that has consistently delivered high-quality and impactful content. With our combined strengths, we are confident of creating stories that will resonate with viewers and leave a lasting mark on the Indian entertainment industry.”
BTML, managing director, Mautik Tolia, added, “This partnership is a confluence of creativity and capability. Amit Khan is one of India’s most celebrated novelists and storytellers, and we are excited to bring his distinctive vision to screens nationwide through BTML’s production infrastructure and industry relationships.”
BTML, listed on both NSE and BSE, has produced 100 plus shows and over 3,000 hours of content across languages including Hindi, Tamil, Marathi, Gujarati, and Bengali. With this collaboration, both BTML and AKCH aim to target domestic and international audiences with fresh, compelling narratives.
The first slate of projects is expected to combine rich storytelling with high production values, reinforcing both companies’ commitment to creating content that engages audiences across platforms.
iWorld
Jio IPO faces delay as India yet to clear listing rule changes
Proposed rule change allows mega IPOs to float just 2.5 per cent
MUMBAI: The Indian government’s delay in formalising changes to listing rules may derail the targeted timeline for the initial public offering (IPO) of Jio Platforms, the digital arm of Reliance Industries controlled by billionaire Mukesh Ambani.
According to media reports, Reliance is awaiting formal notification of regulatory amendments before appointing investment bankers and filing a draft IPO prospectus. The company is now aiming to submit the draft prospectus before April, depending on when the government issues the notification.
Jio, which owns India’s largest wireless operator, is widely seen as one of the crown jewels of Ambani’s business empire. Its listing, the first public offering of a major Reliance unit in nearly two decades, could become the country’s biggest ever IPO.
Investment bankers have proposed a valuation of as much as $170 billion for the company. Even the minimum stake sale could raise roughly $4.3 billion, potentially placing Jio among India’s most valuable listed companies.
Ambani had earlier said that Reliance was targeting a listing of Jio in the first half of 2026, a plan first outlined in 2019 with a five-year timeline. In 2020, global technology groups Meta Platforms and Alphabet invested more than $10 billion combined in the company.
The delay stems from pending regulatory changes approved by the Securities and Exchange Board of India in September. The amendments allow companies with a post-issue market capitalisation exceeding Rs 5 trillion (about $55 billion) to float as little as 2.5 per cent of equity in an IPO, compared with the current 5 per cent minimum.
Such changes are expected to enable mega listings, including potential offerings by Jio and the National Stock Exchange of India. However, the reforms still require formal notification from the government.
Meanwhile, the National Stock Exchange is moving ahead with plans to raise as much as $2.5 billion through its own IPO and has recently invited banks to pitch for roles in the offering.
