RIL and media
Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh’s reply in the Rajya Sabha to a written question on May 15: “Shareholding of RIL in Media Companies--As per the Investments Schedule of Balance Sheet of M/s. Reliance Industries Limited (RIL), as on 31/3/2011, there is no direct holding of RIL in media houses/companies (listed and unlisted) print/broadcast/production.” So Network 18 and ETV are not media companies? ( pointed out in Moneylife)