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Reliance Industries Backs Network18 In Mega Deal, Makes Big Bet On New Media Biz

Tuesday, January 3, 2012 | More »

Mukesh Ambani
Reliance Industries Ltd(RIL), that had made a big bang entry into communications field with acquisition of 4th generation broadband firm Infotel, has struck a deal that will eventually give it a major equity stake in Network18 Group that operates a string on new media businesses besides e-commerce s...