Dharma Productions has been looking for investments for some time and had talks with various large companies, including Sanjiv Goenka's Saregama and Reliance Industries' Jio Cinema

If the deal proceeds, it will mark Tata Group’s exit from the content and entertainment sector, following its previous divestiture of the consumer mobility business to Bharti Airtel in 2017

OYO intends to utilise its technology suite and global distribution network to enhance the Motel 6 and Studio 6 brands and drive financial growth.

This is part of CCI's efforts to cover transactions involving digital economy firms that have high valuations and can influence markets in India