Reliance Capital Acquires 6.27 Percent Stake In GBN

Reliance ADA Group company Reliance Captital has acquired 6.27 percent stake in TV18 controlled Global Broadcast News through open market operations, the Bombay Stock Exchange has been informed. The company purchased 16,75,000 shares of GBN on the 12th of February. [via Indiantelevision]
Reliance Capital’s Media and Entertainment fund has the following portfolio of investments (pdf):

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