Japan's Sony Corp is in talks to acquire a stake in Indian billion...
FILE PHOTO: Sony Corp's logo is seen at its news conference in Tokyo, Japan November 1, 2017. REUTERS/Kim Kyung-Hoon
Network18 shares rose 18%, while shares of TV18 Broadcast Ltd , the broadcast arm of the Network 18 group, were up 4%.bloom.bg/2QFJ6Zl,A Reliance Industries spokesman declined to comment, saying that the company “evaluates various opportunities on an ongoing basis.” Sony did not immediately respond to Reuters request for comment.
Cable television started going mainstream in India through the 1990s, riding on the country’s massive middle class population.
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