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Reliance Capital objects to PFL stake sale by Credit Suisse

 Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil......

Reliance Mediaworks jumps into 3D movies

 Anil Ambani Group company Reliance MediaWorkssaid on Monday it has partnered with US-based In-Three to convert films and videos into the three-dimensional format, to cater the growing demand for......

How Anil Ambani can revive his group's fortune

 More asset sales may be only way out, though most of the group companies’ ratings have been downgraded and their combined market value is now a fraction of their combined debt. The Anil......

CBI probe news makes Anil Ambani Group firms shed 10%

 Shares of Anil Ambani-led Reliance Group companies fell by nearly 10 per cent on the bourses on Friday, even as the group asserted that it was not a beneficiary of any telecom licence issued in......

Multiplex operators strike gold in Bollywood-mad India

 For a country that produces twice as many movies a year as Hollywood, India has a problem that's making cinema theatre operators beam: a shortage of modern multi-screen cinemas and plenty of......

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