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India's Reliance Industries' media cos jump after regulator's Disney merger nod



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** Shares of Reliance Industries RELI.NS-owned Network18 Media NEFI.NS and TV18 Broadcast TVEB.NS climb 8.5% and 10.6%, respectively

** India's competition regulator on Wednesday approved $8.5 billion-merger of the Indian media assets of Reliance and Walt Disney DIS.N

** Network18 and TV18 Broadcast will merge as Reliance consolidates its broadcast business

** TVEB and NEFI both see most active session since Jan.

** Including day's gains, TVEB is up 6% YTD, while NEFI has climbed 20% in the same period



Reporting by Sethuraman NR in Bengaluru

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