RIL to consolidate media and distribution business - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RIL to consolidate media and distribution business

The restructuring will create a mega diversified media entity with interests in news, entertainment, internet, ISP and cable businesses that can compete with Zee Group, Bennett Coleman and Co Ltd, the publishers of The Economic Times, Sun Tv Networks, Sony among others. The boards of these companies met on Monday to clear the proposal.

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