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RIL gets CCI nod for stake purchase in Network18

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The Competition Commission of India has given approval to Reliance Industries' proposal to buy stake in media entities Network18 and TV18 Broadcast. RIL, through a newly-created vehicle Independent Media Trust, is infusing funds through optionally convertible debentures into Network18 Media and Investments Ltd, the group's holding company, and TV18 Broadcast Ltd.

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CoalMin identifies 54 blocks for allocation through auction

Amid controversies over allegations of irregularities in allocation of coal mines, the Coal Ministry has identified 54 blocks to be allocated to ...

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