“Reliance has no ‘direct’ stake in media cos”

16 May 2012

A screengrab of the official press information bureau (PIB) release on 14 May 2012, on the shareholding of Mukesh Ambani‘s Reliance Industries in media companies.

Interesting, if true.

Also read: Mint says SEBI looking into RIL-Network18/TV18-ETV deal

Rajya Sabha TV tears into RIL-Network18-ETV deal

Will RIL-TV18-ETV deal win SEBI, CCI approval?

The sudden rise of Mukesh Ambani, media mogul

The Indian Express, Reliance & Shekhar Gupta

Niira Radia, Mukesh Ambani, Prannoy Roy & NDTV

Why the Indian media doesn’t take on the Ambanis

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