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Tag: RIL Acquires TV18

  • RIL Acquires Network18 Group For 4,000 Crores

    RIL Acquires Network18 Group For 4,000 Crores

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    by

    Asish Das
    in

    India’s largest private company Reliance Industries Limited (RIL) announced its acquisition of Network 18 Group including its subsidiary TV18 Broadcast Ltd, country’s largest broadcasting network company on Thursday. The Board of Reliance Industries approved funding of Rs 4,000 crore to Independent Media Trust (IMT) for the acquisition of Network 18 Group. IMT will use the…