Reliance Industries' move to consolidate its media and distribution businesses under one entity Network18 Media & Investments will create a...

TV18 Broadcast scrip settled higher by 14.71 per cent at Rs 28.85.

TV18 Broadcast, Hathway Cable and Den Networks will merge into Network18 Media & Investments.

For the media sector as a whole and content providers, Jio broadband launch news is very positive.

RIL will acquire 66% in DEN and 51.3% in Hathway for a total consideration of Rs 5,230 crore.

Reliance Industries will buy 66% stake in Den Networks and 51.3% in Hathway Cable.

Hathway owns 37.3 per cent of GTPL Hathway. Through the acquisition of a 51.3 per cent stake in Hathway for Rs 2,940 crore, RIL gets an ind...

DEN Networks & Hathway Cables buyout is a threat to Bharti’s non-mobile biz,that garner 12% its India revenue.

RIL will make open offers in Den Network and Hathway Cable.

The move follows acquisition of significant stake by RIL units in Den Networks and Hathway Cable.

RIL is likely to own over 25% each in the two companies, Hathway Cable & Datacom and DEN Networks.

The move may help RIL ramp up coverage of its ambitious high-speed broadband network.

If the deal goes through, it will jump-start Reliance Jio's entry in cable and broadband business.

Move is part of overall strategy to deleverage balance sheet by Rs 500 crore

Reliance Capital Trustee Company Ltd has picked up 0.83 per cent stake in Hathway Cable & Datacom taking its total holding to 7.4 per cent ...

Shares of cable operators, today rallied on the bourses amid reports that RIL was considering buying stake in some large cable operators.

Broadcasting companies and cable service providers such as WWIL and Hathway Cable have rallied more than 15% on digitisation of cable netwo...