Anil Ambani's Reliance Group sells multiplex biz to Carnival
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.
Dec 15, 2014, 10:37 AM ISTCarnival Group to invest Rs 700 cr to expand multiplex network
Media and entertainment firm Carnival Group will invest up to Rs 700 crore this fiscal to add 175 multiplex screens mainly through acquisitions.
Aug 17, 2014, 12:04 PM IST