Last Updated: Tuesday, August 4, 2015, 13:08
Anil Ambani-led Reliance MediaWorks Ltd (RMW) today said it has completed sale of its multiplex business to Carnival Cinemas for Rs 700 crore and will use the sales proceeds to bring down Reliance Capital's debt.
Last Updated: Wednesday, April 8, 2015, 17:22
The transaction was first announced in July 2014. It received the Competition Commission of India's (CCI) approval on 15 December 2014.
Last Updated: Tuesday, March 31, 2015, 21:22
Reliance MediaWorks, part of Anil Ambani-led group, has got the green signal from fair trade regulator CCI to sell its multiplex business to South-India based Carnival Films.
Last Updated: Monday, December 15, 2014, 20:03
According to the Competition Commission, the deal, which would create an entity with a combined turnover of over Rs 1,800 crore, is "not likely to have appreciable adverse effect on competition in India".
Last Updated: Monday, December 15, 2014, 10:37
Anil Ambani-led Reliance Group has sold its Big Cinemas unit to South India-based Carnival Group in a deal that would lower the debt of its financial services arm Reliance Capital by about Rs 700 crore.
Last Updated: Monday, January 20, 2014, 21:21
At the NSE, the stock spurted by 18.19 percent to close at Rs 54.90.
Last Updated: Monday, January 20, 2014, 11:23
Reliance MediaWorks shares rose as much as 19.9 percent after the company said late on Friday that its board will consider delisting of shares at a meeting later in the day.
Last Updated: Thursday, November 7, 2013, 21:52
Leading stock exchange NSE has revised circuit limits for shares of 1,439 companies, including Kingfisher Airlines, Muthoot Finance, Wockhardt, Reliance MediaWorks, as part of its surveillance action.
Last Updated: Monday, September 30, 2013, 16:23
Turner International India, part of global media and entertainment major Time Warner, has entered into a partnership with Reliance MediaWorks for post- production services of its entertainment channels, including Cartoon Network, Pogo and WB.
Last Updated: Monday, May 13, 2013, 15:45
Reliance Mediaworks Monday reported consolidated net loss of Rs 219.19 crore for the quarter ended March 31, and its plans to raise Rs 605 crore from a private equity fund has been delayed.
Last Updated: Monday, February 11, 2013, 15:44
Media and entertainment company Reliance MediaWorks has narrowed its net loss to Rs 119.61 crore in the quarter ended December 31, 2012.
Last Updated: Wednesday, December 5, 2012, 19:58
After a surveillance review, leading bourse National Stock Exchange (NSE) has identified 14 scrips, including Reliance MediaWorks and BAG Films and Media for restricted trading category.
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