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RIL to acquire control of Network18, to spend Rs 4,000 crore
In the biggest ever deal in the Indian media sector, Reliance Industries Ltd (RIL) will acquire control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd, for Rs 4,000 crore. The Board of RIL today approved ...
Network18, TV18 approve rights issue
The board of Network18 and TV18 Broadcast approved a price of Rs 30 and Rs 20 per share for its right issue, respectively. Network18 board has approved a rights issue ratio of 307 shares for every 50 shares. Also, TV18's ...
Network 18 group stock rises on deal with Reliance
The stock of both the ventures of Network 18 i.e. TV18 Broadcast and Network18 Media and Investments rose on the Indian bourses on Wednesday on deal with Mukesh Ambani-led Reliance Industries. The Reliance Industries (RIL) announced on Tuesday that a ...
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