Reliance Industries to Merge Media and Broadband Business Into Network 18
Reliance Industries on Monday announced the move to consolidate its media business and distribution spread across multiple entities into a single brand, Network18. Under the plan, the Reliance’s TV18 Broadcast, Hathway Cable & Datacom and DEN Networks will merge into Network 18 Media & Investments Limited. The board of directors of the respective companies approved the scheme of amalgamation and arrangement at their meetings held on Monday. The appointed date... Read More
