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Reliance Industries' Rise Worldwide Scores MLB Tie-Up

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Reliance Industries (NSE:RELIANCE, BOM:500325) said Major League Baseball (MLB) is teaming up with its subsidiary, RISE Worldwide, to support baseball-related activities in India, according to an Indian bourse filing on Wednesday.

The collaboration will focus on marketing, digital and commercial initiatives. It also includes plans to host a live baseball event in Mumbai in October, the announcement said.

RISE Worldwide operates as an independent entertainment, sports, and lifestyle company.

Shares of Reliance Industries fell nearly 1% in Thursday's trade.

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Reliance Industries' Rise Worldwide Scores MLB Tie-Up | FINWIRES