Mukesh Ambani picks up stake in Epic TV

‘…Epic TV will be Mr. Ambani’s second broadcasting venture, as he already owns a considerable stake in the Network18 Group.
In January 2012, a shell company floated by Mr. Ambani had agreed to invest close to Rs. 2,000 crore in Network 18 and TV18 Broadcast, which runs channels such as CNBC TV18, CNN—IBN, and Colors, among others…. …’. http://www.thehindu.com/business/Industry/mukesh-ambani-picks-up-stake-in-epic-tv/article4895242.ece