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Reliance Industries sitting on a Rs 90-crore loss in this smallcap stock

Reliance invested Rs 413.28 crore in Ekta Kapoor-backed Balaji Telefilms in July 2017. The conglomerate purchased 25.2 million equity shares at Rs 164 each. However, since the purchase price of Rs 164, Balaji Telefilms has given RIL a negative return of 21.3% compared to its current market price of Rs 129.
Balaji Telefilms Walt Disney Mukesh Reliance Industries Tata Group Mukesh Ambani Led Reliance Industries Ekta Kapoor Backed Balaji

India's Reliance Industries in talks to buy Tata Play stake from Disney – Business Standard | WSAU News/Talk 550 AM · 99.9 FM

(Corrects to remove extraneous text from last paragraph) BENGALURU (Reuters) -Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from...
James Murdoch Uday Shankar Dhanya Ann Thoppil Mukesh Ambani Walt Disney Mrigank Dhaniwala
Source: wsau.com

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India's Reliance Industries in talks to buy Tata Play stake from Disney

India's Reliance Industries is in talks to buy Disney's stake in satellite TV provider Tata Play, the Business Standard newspaper reported on Thursday, as billionaire Mukesh Ambani's firm seeks to bolster its media presence. The oil-to-telecom conglomerate is looking to buy Walt Disney's 29.8% stake in the loss-making Tata Play as it seeks to offer its entire JioCinema content to Tata's customers, the newspaper reported, citing sources aware of the development. Banker...
Mrigank Dhaniwala Dhanya Ann Thoppil James Murdoch Walt Disney Uday Shankar Navamya Ganesh Acharya
Source: yahoo.com

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