Hyderabad, Nov. 11 -- In an unexpected twist, Dubai-based siblings 13-year-old Jainam Jain and 10-year-old Jivika Jain have offered to give the JioHotstar domain name to Indian conglomerate Reliance Industries, free of charge.

The announcement comes after the siblings recently bought the domain from a Delhi-based developer to help him with his education.

The developer wanted to sell it to Reliance for Rs 1 crore to fund his Cambridge University studies, but Reliance declined and has initiated legal action against him.

The developer then sold the domain to Jainam and Jivika without disclosing the amount.

In a statement on their website, Jainam and Jivika clarified that the decision was made independently, without any external pressure....