Reliance Industries Ltd., managed by Asia’s richest tycoon Mukesh Ambani, is nearing a money and inventory deal to purchase Walt Disney Co.’s India operations, based on folks conversant in the matter.

The US leisure large could promote a controlling stake within the Disney Star enterprise, which it values at round $10 billion, versus piecemeal transactions weighed earlier, the folks stated, asking to not be named as a result of the discussions are personal. Reliance views the property at between $7 billion to $8 billion, a few of the folks stated.